- The Theta v3.4.0 improve accomplished efficiently at block top 17285755.
- The software program change enabled assist 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 stay 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 arduous fork to the brand new model accomplished in any case neighborhood validators upgraded their nodes, with v3.4.0 including assist for wrapped THETA (wTHETA) for the Theta net pockets.
The TNT20 token – an ERC-20 like token commonplace on Theta, can now be used on Metamask in addition to throughout a number of good contracts.
The improve has additionally added assist Theta-based decentralised finance (DeFi) and for staking THETA or Theta Gasoline to Elite Edge Nodes and Guardian Nodes, to supply for pooled staking and improve obtainable staking merchandise, Theta Labs introduced.
Broadly, this improve means extra utility for THETA and opens up the ecosystem for additional development. The Theta group 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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