February 2025 update

February, though the shortest month of the year, marked a critical period of consolidation for Partisia Blockchain. Our team dedicated significant efforts to laying the foundational groundwork for upcoming launches, advancing key ecosystem initiatives, and enhancing our technical infrastructure. 

This update provides a clear overview of February’s progress, including ecosystem updates, partnership developments, technical enhancements, and insights into upcoming activities.

Highlights

February’s focus centered around critical preparations for upcoming launches:

  • zkCrossDEX implemented extensive UI and backend enhancements, preparing for its public launch.
  • Crowdsnap successfully concluded private implementations on mainnet and is now poised for public release very soon.
  • Boosty Labs’ Lending and Sceptre’s Liquid Staking protocols made notable strides towards their respective launches.
  • In our outreach to web3 industry participants, we emphasized MPC custody solutions, highlighting their robust security benefits following major industry security incidents.

Ecosystem & Partnerships

The Partisia Blockchain ecosystem continues to mature, with important advancements across strategic partnerships:

zkCross DEX

Since its soft launch in late January, zkCrossDEX has significantly evolved based on extensive community testing and feedback. 

  • Major improvements implemented during February include backend developments such as the integration of a dedicated Market Maker Bot and an independent reader node for transaction processing. 
  • Smart contract upgrades were also made, migrating to the latest 0x version and enhancing security. 
  • Furthermore, the front-end and user interface underwent a comprehensive overhaul, delivering real-time updates, optimized swap mechanics, improved error handling, and seamless wallet integration which now supports Koala Wallet, MetaMask Snaps, and Parti Wallet.

An incentivized marketing campaign, featuring MPC and CROSSAI token rewards, is planned to accompany the full launch. Specific launch dates will be communicated soon, ensuring transparency and realistic community expectations.

Boosty Labs’ Money Market

Boosty Labs’ lending solution continues progressing steadily, targeting a public launch in the coming months.

Crowdsnap

Crowdsnap completed private survey implementations successfully on mainnet and is now very close to being ready for public launch. For more details, check out their website.

Wallet Ecosystem: Koala Wallet & Brillion

Koala Wallet will soon introduce private key import functionality, simplifying migration from Parti Wallet. Additionally, the introduction of the Brillion Wallet is expected to complement Koala Wallet, expanding our ecosystem’s wallet infrastructure.

Profila

February featured two impactful live sessions with  Profila, covering decentralized identity and a live-streamed pitch showcasing their innovative solution. Profila is building on Cardano but leverages Partisia Blockchain’s omnichain confidential compute layer, highlighting our MPC technology’s cross-chain privacy capabilities.

Business & Marketing Developments

Our team had a strong presence at ETH Denver, co-hosting an impactful MPC-focused hackathon alongside Secret Network, showcasing practical MPC applications and raising our profile in the web3 and privacy-tech community.

Key Highlights from ETH Denver:

  • Interactive Workshop on TEEs & MPC: Bettina delivered an interactive workshop demonstrating how Trusted Execution Environments (TEEs) complement Multi-Party Computation (MPC) to enhance privacy.
  • Hackathon Spotlight: We led an MPC-focused hackathon session in collaboration with Secret Network, introducing developers to deploying their first MPC smart contract on-chain. 
  • ETH Denver enabled us to deepen our partnership with Secret Network through collaborative sessions and real-time problem-solving. Furthermore, we expanded our network and visibility through active engagement with promising projects and potential partners.

Beyond ETH Denver, we also initiated strategic partnership discussions with Oasis Labs and Secret Network to explore potential integrations combining MPC with Trusted Execution Environment (TEE) technologies.

Furthermore, in response to the recent Safe wallet (Bybit) breach, we proactively highlighted our MPC On-Chain Custody solution as a secure and superior alternative to traditional custodial methods, reinforcing our position as leaders in blockchain security.

Development & Technical Updates

In February, our technical team delivered crucial updates enhancing stability, usability, and developer experience:

Blockchain Network

  • Enabled oracle rotation for smaller nodes, improving network stability and providing delegators greater control over their tokens.
  • Upgraded node recovery mechanisms and introduced clearer delegation warnings, boosting overall transparency and reliability.

Browser

  • Implemented essential usability enhancements, with ongoing improvements set to further improve user experience and transparency.
  • Additionally, Phase 2 of our Banking Overview was successfully completed, providing comprehensive MPC token movement tracking, staking, and delegation tabs to enhance asset management clarity.

Staking

  • Completed preparations for distributing approximately 3.44 million MPC tokens as part of Quarter 11 staking rewards at the end of March.
  • Introduced new delegation warnings to ensure community adherence to staking limits and node operator standards.
  • Transition to weekly reward distributions in April, enhancing reward responsiveness and flexibility.

Developer Experience (DevEx)

  • Launched upgradable smart contracts functionality, enabling developers to manage contracts and upgrades directly through the command-line interface (CLI).
  • Continuous work is going into significantly improving developer tooling and documentation, enhancing accessibility and ease-of-use for the developer community.

Completed H1 2025 Roadmap Features

In addition to the above, we also delivered four key roadmap features planned for the first half of 2025.

Further details can be found here.

Looking Ahead

As we approach the end of Q1 2025, several significant milestones are on the horizon, including major launches, marketing campaigns, and reward distributions. 

While timelines remain flexible to ensure high-quality deliveries, we anticipate:

  • zkCrossDEX’s full public launch and incentivized airdrop campaigns.
  • The public launch of Crowdsnap.
  • Continued preparations for Boosty Labs’ Lending Protocol and Sceptre’s Liquid Staking Protocol.
  • Distribution of staking rewards totaling 3.44 million MPC tokens.

Thank you for your ongoing support. We look forward to celebrating these milestones and sharing more exciting developments with you soon!

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