- The Theta v3.4.0 improve accomplished efficiently at block top 17285755.
- The software program change enabled help for wrapped THETA (wTHETA) forward of Theta Metachain mainnet launch in December.
Theta, a blockchain-powered video streaming community, has efficiently upgraded to v3.4.0, Theta Labs has introduced.
Theta v3.4.0 went reside at block top 17285755 and its success brings Theta one step nearer to the launch of its Metachain mainnet slated for December 2022.
Theta provides wrapped THETA for DeFi
The onerous fork to the brand new model accomplished in any case group validators upgraded their nodes, with v3.4.0 including help for wrapped THETA (wTHETA) for the Theta internet pockets.
The TNT20 token – an ERC-20 like token normal on Theta, can now be used on Metamask in addition to throughout a number of sensible contracts.
The improve has additionally added help Theta-based decentralised finance (DeFi) and for staking THETA or Theta Gasoline to Elite Edge Nodes and Guardian Nodes, to offer for pooled staking and enhance accessible staking merchandise, Theta Labs introduced.
Broadly, this improve means extra utility for THETA and opens up the ecosystem for additional progress. The Theta workforce is making ready for a testnet launch forward of the Metachain launch, with the testnet set to supply builders an opportunity to construct on their very own extremely scalable, customisable subchains.
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