Each month, we shine a spotlight on the 10 ERC-20 projects with the highest-recorded developer activity for the past 30 days, as calculated by Santiment.
Development Activity is an oft-underrated indicator of project success, as it demonstrates the month-to-month commitment to creating a working product, continuously polishing and upgrading its features, and staying true to the long-term roadmap.
Note: Some of our previous Top 10 lists considered all projects with working ERC-20 tokens – even those that have already moved away from Ethereum and building on their own mainnet, or those in the middle of a token swap. This time, we decided to focus only on ‘pure ERC-20’, i.e. those projects that are (currently) committed to developing on Ethereum, and have as of yet no working mainnet or an imminent token swap.
You can check out the latest dev activity ‘power rankings’ for all ERC-20 assets on SANbase, by filtering the ERC-20 projects by Dev Activity (30d).
As always, we asked all of May’s top 10 most active ERC-20 dapps what they’ve been working on for the past month. Here’s what they told us:
A look back at the last month of activity at Status. We have been focusing on the beta release 0.13.0 which includes the following:
- Custom, user-added ERC20 token support
- New Preview privacy mode: toggling this option in your profile will ensure that Status displays a blank screen when switching apps on your phone, to protect you from accidentally exposing your information while doing other things.
- “Browser privacy mode” has been relocated from the profile to the browser, and reconfigured into a two option setting.
- “Fetch more messages” now backfills gaps of up to 30 days in public chats, increased from 24 hours.
We’ve reintroduced bug reporting on both iOS and Android: shake your phone to pull up an email report, or enable Development mode
Messaging protocol research – progress on data sync layer and the team managed to get an end to end test running successfully using the status console client.
The Storj Labs engineering team’s efforts during May were very focused on polishing the product for users’ currently experimenting with the Vanguard alpha. May’s efforts also focused on making the final preparations for the Pioneer beta launch of the network (coming soon), plus file durability and performance improvements.
The Storj team added the ability to create macaroons in the Uplink, the tool customers use to upload data to the network. Macaroons are a decentralized encryption key sharing system that allows users to give read-only access to encrypted content on the Storj network, while still maintaining ownership and control of files.
The Storj team also finished the waitlist invites to storage node operators (the supply side of the network). Now, anyone can easily join the network and start earning STORJ tokens by sharing their excess hard drive capacity and bandwidth. Invites are now going out to developers and partners who requested early access to store data on the Tardigrade network, Storj’s SLA-backed offering.
The team continued its work on the garbage collection, audits, and referral program functionality; part of this includes billing. Even though Storj isn’t charging for network usage, this allows them to send invoices so customers can see what their usage would have cost during production.
The Augur development team spent a good amount of time over the last few months working on a redesign of the Reference UI and creating an all new middleware system for the v2 contracts. The plan to release the redesigned UI for Trading, Accounts, and Portfolios was thwarted but some [unforeseen circumstances with the v2 launch plan](https://www.augur.net/blog/v1-cutoff/), which also forced a re-prioritization of Dev work.
As of two weeks ago when the v1 cutoff plan was put into place, these have been the major pieces of work:
- Design: New designs for showing Market information, Market lists, Market creation, and Reporting.
- UI: The past two weeks have been mostly converting the UI code-base to use typescript and other refactoring to pay down some technical debt prior to integrating with v2 middleware.
- Backend: Putting the finishing touches on all the layers of the v2 middleware.
Starting with the [current sprint](https://github.com/AugurProject/augur/milestone/32), work will be focused on the integration of the UI codebase with the v2 Middleware code, with the goal being a fully functional trading experience with the re-designed UI and v2 codebase within the next two weeks.
Aragon developers have recently released major updates to several projects including:
- Aragon 0.7.2, building off of the Aragon 0.7 Bella release from April, with many usability enhancements including user-controlled smart contract upgrades, faster organization loading, and an address labeling system
- That Planning Suite, an application suite for Aragon organization project management, was released onto the Rinkeby testnet
- pando, a remote protocol for git repositories built on IPFS and aragonOS, was also released onto the Rinkeby testnet
- New Getting Started documentation in the Aragon Developer Portal
- aragonUI 0.40.0 featuring a new FloatIndicator component
- aragonCLI 5.9.3 featuring some stability and bug fixes
- aragonOS 4.2.0 featuring a ReentrancyGuard and ConversionHelpers, along with other improvements
- A work in progress version of the Aragon Court system has also been published for comment and review.
- Traction: $200K+ in matched loans in the first 30 days since our soft launch on May 1st. Our official launch will be at the end of June.
- On the borrowing side (https://www.myconstant.com/borrow), we add more collateral types. Now, in addition to BTC and ETH, you can use BNB, BAT, REP, OMG, ZRX, TOMO, and VET as collaterals for your loans, as low as 4.5% APR.
- On the investing side (https://www.myconstant.com/invest) , we add more stable coins. Now, in addition to USD (fiat), you can invest/lend in USDC, TUSD, PAX, GUSD, and USDS and earn at 10% APR.
- We’re almost ready to launch Constant Pro (https://www.myconstant.com/lending-pro), which lets you trade on interest rates via an intuitive interface with real-time loan order books, charts, and detailed trade history.
The TokenBridge is our major interoperability solution and it saw a large amount of development activity in May. There were 4 separate code releases that effectively brought some exciting new features for this solution. Updates were done to the POA TokenBridge Monitoring Tool which provides additional transparency to all three bridges: native-to-ERC20, ERC20-to-ERC20, and ERC20-to-native.
The smart contracts used within the TokenBridge itself were also upgraded to provide the ability to take fees from the transfer of assets through the bridge and distribute them among the bridge validator. In addition to this, there were also some updates made to the POA TokenBridge UI to provide users more metrics regarding POA TokenBridge usaage.
POA Core and xDai Chain
On May 26, 14 POA Core validators unanimously voted to send the emission fund to the POA Foundation (4 voters abstained) which provided further validation that the on-chain governance model in place for POA Network is extremely effective. The current collected emission funds – 3,170,268 POA (which includes 1,661,469 POA frozen on the previous vote) – have been distributed to the POA Foundation Multisig Wallet 2 upon conclusion of the vote.
The plan is to use these funds to improve POA’s presence in the space along with supporting current infrastructure demands and contributing to our fully featured open source explorer, BlockScout.
It’s been a very active month for BlockScout which saw 4 code releases done in May alone. These releases included a variety of changes with some pertaining to bug fixes and others focusing purely on enhancements and new features to offer a much better user experience. Some examples of the work done in May include updates to the API used to connect to the BlockScout resulting in offering much more functionality for developers that are leveraging this tool.
We have also updated and integrated features for many of our hosted instances of BlockScout including Aerum, Callisto, RSK and of course, Ethereum mainnet.
April showers bring May flowers’ the expression goes, and Gnosis is certainly in full bloom.
Our biggest update is the official, much-anticipated launch of the dxDAO—a next-generation decentralized autonomous organization powered by DAOstack for community governance of software protocols. Gnosis will step back entirely from the dxDAO. The dxDAO will govern the DutchX, an open trading protocol designed by Gnosis, and it may go on to fill a crucial gap in web 3.0 governance for the utility token ecosystem. Join this Telegram group for support or updates.
We’ve also released new clients for the Gnosis Safe multisig ERC-20 wallet with UX and design improvements. And we’re currently working toward integrating features that let wallet users pay transaction fees with non-ether tokens like DAI and trace all incoming and outgoing wallet transactions.
Keep up with us on Twitter!
Golem and Hoard just announced their partnership! The first use case that will be developed by Hoard — in cooperation with the Golem Unlimited team — is a code compiler built on Golem Unlimited, which is designed to unburden developers from typical distributed computing hassles: provisioning nodes, work distribution, load balancing, data transfer and more. For more info read our blogpost.
Last week, we started with our dev updates again. We told our users more about the upcoming WASM and RASPA usecases that are coming really soon to Golem, and released a new patch for Golem Brass, 0.19.2.
What’s more, during our AMA we spoke about the fast process the Graphene Working Group is doing – aiming for a release in July, and gaining interest in the community. We also announced that Golem Unlimited will have a stable release before DEVCON5, as well as the first version of our Task API.
Here’s an excerpt from Neufund’s latest dev activity report:
- “You may now enable your ICBM wallet directly from the investment flow when selecting the wallet from which you’d like to invest.
- We’ve improved the text formatting and usability of adding and reordering Key Individuals on the ETO forms.
- A variety of visual improvements have been deployed to the ETO company page.
- Now issuers can save their progress when filling out the ETO forms and return to finish them later.
- Investors can now see their investment history in the “Past investments” section on the “Portfolio” page.
- We’ve enabled token transfers in and out of the “Portfolio” page.
- If you’ve initiated a request to change your email address but later changed your mind, you may now cancel your pending request.
- We’ve started using CodeChecks, a platform for code review automation, to help with our testing process. It allows us to test features more easily and spend less time doing it.
- We’ve updated the list of countries that are restricted from using our platform. Please see the full list here.“
10. Ocean Protocol
The Ocean Protocol token sale and IEO ended in early May and since then, our focus has been on preparations for the launch of the Ocean Production Network, especially the governance smart contracts. The production network will be a Proof of Authority network powered by Parity Ethereum.
Parallel to that effort, there are projects to improve user experience, to audit & test more of the code, to enhance the Nile Beta Network (launched in April), and to fix various issues reported in the Commons Marketplace. You can track what the dev team is doing by looking at the Business Board and the top-level milestones. The next milestone is called Production Network RC1 (Release Candidate 1).