A new proposal has been approved by Encoins DAO with 100% of the votes in favor. It includes changes in DAO treasury allocation and Protocol fee distribution in ADA. Prior to our imminent launch on mainnet we wanted to make public this incentive scheme to validate the encoins subledger. Encoins Treasury breakdown and funds allocation $ENCS…

We’re thrilled to announce our partnership with VyFinance, one of the most important Dexes in the Cardano ecosystem. This partnership is part of the efforts that Encoins is doing to ensure that $ENCS token has liquidity, in order to reduce price impact when trading large orders. Our aim is to…

Good news, everyone! The ENCOINS team is pleased to announce a new and exciting partnership with the upcoming fully on-chain auction platform GRABBIT! Currently, Grabbit is positioned to offer a unique gamified experience to NFT transactions. The platform will have a leaderboard that tracks each user’s Grabbit Points. The protocol…

In this blog, we present a guide on how you can participate in the upcoming decentralized token distribution event. The event is open to everyone, regardless of whether you participated in the ISPO or not, and allows you to earn some additional ENCS tokens for signing distribution transactions. It starts…

This blog post presents our finalized proposals on how the protocol economics and governance should work in ENCOINS version 1.0. We start by reviewing the ENCS tokenomics. ENCS has a fixed supply of 15 million tokens with six decimal digit precision, minted all at once. 10 million are distributed between…

In this announcement, we present our codebase that we have been working on for a while. Here is the link to our GitHub account: https://github.com/encryptedcoins Most of our code is in Haskell. For the Cardano developer community, the most interesting components are probably plutus-apps-extra and cardano-server: plutus-apps-extra builds on top…

In this blog, we introduce a side product we are working on in collaboration with Ada Handle. It is called ENSHARE and allows sending encrypted text messages and sharing confidential data on-chain. If you follow our project, you might know that in order to transfer value to someone using ENCOINS…

In this blog, we present a new way to distribute native tokens on the Cardano blockchain for projects that strive for maximal decentralization in every aspect. Many analysts, commentators, and builders from the crypto industry predict that only fully decentralized DeFi projects will survive in the upcoming years as they…

In this blog, we give updates on the current development of ENCOINS. Our team works simultaneously on several components: the ENCOINS Core library, the Relay Server app, and the Minting Portal (the web frontend). The ENCOINS Core library is nearing functional completion. It contains on-chain scripts and off-chain code that…