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Development

Offshift ETH-BSC Bridge Goes Live on Mainnet

The Offshift Ethereum-Binance Smart Chain Bridge is officially live on mainnet

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Community

Offshift Hosting Monthly PriFi AMA & Community Call Starting May 6

Offshift is pleased to announce our monthly PriFi AMA and Community Call series, which we will be kicking off at 12pm ET, Thursday, May 6 for our first call, which will feature Zokyo Cryptographer Oleksandr Boxling. Prior to the AMA, questions will be collected through Discord . Offshift: April at a Glance Offshift is uncompromising in our commitment to the development of our PriFi platform. Between partnerships, community growth initiatives, liquidity expansion, decentralization objectives, and of course, technical development, we accomplished a number of major milestones in the past month.

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Development

Offshift to Deploy XFT on Binance Smart Chain following DAO Community Vote

Offshift is pleased to announce that, following the voting results of our inaugural proposal of the Offshift Community DAO, we will be deploying XFT to Binance Smart Chain (BSC) in May. XFT Deployment Proposal In order to expand access to our token and provide traders with a low-cost alternative to the Ethereum network’s rising gas fees, we proposed deploying XFT to one additional, EVM-compatible blockchain. Here’s what our community had to say:

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Development

Offshift Launches DAO, Announces First Proposal for XFT Cross-Chain Deployment

XFT Tokenholders can vote now on expansion to FTM or BSC. Offshift is pleased to announce that the Offshift Community DAO is now live! Going forward, Offshift will be using our DAO to involve our community in strategic decisions, so that the development of our PriFi platform advances in the direction that best reflects the interests of our community. The Offshift Community DAO supports flexible voting procedures to cater to a variety of different proposals, and XFT acts as a governance token that community members can use to weigh in on strategic decisions.

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Announcements

Sushiswap LP Rewards: Month 2

Another 10,000 XFT Coming to Stakers for Month 2. We would like to thank everyone in our community that has participated in the opening month of Offshift’s Sushiwap LP Rewards Program, which will culminate on Saturday, April 17. Our first month of staking has been a resounding success, as our first-of-its-kind dual-liquidity mining contract has distributed both SUSHI and XFT to stakers without a single bug or malfunction reported. As we enter the second month of staking, we would like to notify our community of the following:

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Development

Offshift Open-Sources Code on Decentralized Git

Together with Zokyo we will be publishing biweekly zkAsset development updates for the community. Last week we announced a partnership with blockchain studio Zokyo for the long term development of truly private and decentralized zkAssets . When we went to publish our research together, we realized that it felt odd to publish the content on a centralized, closed-source platform like Github, which has been owned and operated by Microsoft since its acquisition three years ago.