Introduction​

In the dynamic realm of blockchain and decentralized technologies, BlockEden.xyz stands as a wave of innovation, security, and community-driven progress for new blockchains. Today, we are glad to announce a new partnership with Koii Network, a visionary platform aimed at decentralizing the power of the internet and returning control to the community. This collaboration is more than a mere alliance; it's a step forward in our commitment to fostering an environment where technology serves the many, not the few.

BlockEden.xyz: At the Forefront of Blockchain Solutions​

BlockEden.xyz is renowned for its robust API marketplace, boasting an impressive $50M staked, 47 APIs, and a community of over 6000 developers. Our dedication to high availability, security, and inclusivity has made us a trusted partner for blockchain protocol builders, DApp developers, and token holders alike.

Koii Network: Democratizing the Digital Space​

Koii Network's mission to decentralize internet power aligns with our vision of a more equitable digital future. By leveraging edge computing and introducing "Gradual Consensus" through Koii Tasks, Koii offers an environmentally friendly, cost-effective way for individuals to earn income from their computing resources. Their focus on building fast, scalable, and private systems presents an innovative alternative to conventional social media, publishing, and AI systems.

A Partnership for the Future​

The partnership between BlockEden.xyz and Koii Network signifies a confluence of shared values and technological synergy. Together, we aim to:

• Enhance Digital Security and Privacy: By combining our strengths, we can offer more secure and private digital solutions, safeguarding user data and empowering individuals with control over their digital footprint.
• Foster Innovation and Scalability: This collaboration will accelerate the development of decentralized applications (dApps) that are not only innovative but also scalable and accessible to a broader audience.
• Support Community-Led Development: We are committed to supporting the community's role in shaping the future of technology. This partnership will provide tools, resources, and a supportive ecosystem for developers and innovators to bring their visions to life.
• Expand onboarding options and contribute to tooling for Koii node operators: BlockEden.xyz has deep technical experience running nodes for a plethora of blockchain ecosystems, and will bring industry experience to the Koii ecosystem.

Conclusion​

As we embark on this journey with Koii Network, BlockEden.xyz remains steadfast in our mission to empower the blockchain space with high-quality, reliable, and inclusive solutions. This partnership is a testament to our belief in collaboration over competition and innovation for the common good. Together, we are paving the way for a future where technology empowers every individual, fostering a more open, fair, and decentralized world.

• Twitter: https://twitter.com/BlockEdenHQ
• Discord: https://discord.gg/4Yfvs2HWey
• Source Link: https://blockeden.xyz/blog/2024/03/11/koii/
• Koii Network: https://www.koii.network/
• BlockEden.xyz: https://BlockEden.xyz

A Meeting of Minds: Supra Oracles and BlockEden.xyz​

Supra Oracles has been instrumental in bridging the gap between traditional Web2 technologies and the burgeoning Web3 horizon. By enhancing oracle technology, cross-chain communication, and consensus mechanisms, Supra is facilitating a seamless transition to a more decentralized and secure digital future. Their Distributed Oracle Agreements (DORA) Protocol ensures that data is sourced, verified, and recorded on blockchains with unmatched accuracy and integrity.

BlockEden.xyz emerges as a pioneering API marketplace, distinguished by our unwavering commitment to high availability, comprehensive API offerings, and fortified security measures. Our platform boasts a robust infrastructure with $50M staked, 47 APIs, and a vibrant community of over 6000 developers, all underpinned by a 99.9% overall uptime. We take pride in our inclusive ecosystem, which caters to the diverse needs of blockchain protocol builders, DApp developers, and token holders alike, ensuring a harmonious balance between innovation and security.

What This Partnership Means for Our Customers​

Our alliance with Supra Oracles is more than a partnership; it's a synergy of two entities dedicated to enhancing the blockchain space for developers, innovators, and users worldwide. Here's what our users can expect:

• Enhanced Security and Reliability: The integration of Supra's oracle solutions with BlockEden.xyz's APIs means even more secure and reliable data feeds, critical for the development of decentralized applications that users can trust.

• Expanded Interoperability: With Supra's focus on cross-chain communication, our customers will benefit from seamless interaction across different blockchain networks, opening up a realm of possibilities for developers to create more versatile and impactful DApps.

• Innovative Solutions: The combination of Supra's cutting-edge technology, including the dVRF for decentralized randomness, with BlockEden.xyz's comprehensive API offerings, sets the stage for innovative applications that push the boundaries of what's possible in the Web3 space.

• Community and Support: Both BlockEden.xyz and Supra Oracles are deeply committed to their communities, offering resources, support, and education to empower users and developers alike. This partnership amplifies our collective ability to serve our community, fostering growth and innovation within the ecosystem.

In closing, the collaboration between BlockEden.xyz and Supra Oracles is a testament to our shared vision of a decentralized future, built on the pillars of security, interoperability, and community. We are excited about the opportunities this partnership will unlock for our users and the broader blockchain community, as we continue to navigate the promising yet uncharted territories of Web3 together.

• Twitter: https://twitter.com/BlockEdenHQ
• Discord: https://discord.gg/4Yfvs2HWey
• Source Link: https://blockeden.xyz/blog/2024/03/11/supra/

The Blockchain Regulatory Certainty Act (H.R. 5045), introduced by Representatives Emmer and Soto on August 17, 2021, marks a pivotal advancement for blockchain technology. This legislation seeks to carve out a safe harbor for blockchain developers and service providers who do not control digital currencies, shielding them from the licensing and registration mandates typically reserved for financial institutions.

Core Elements of the Act​

• Safe Harbor Provision: Targets blockchain entities without control over digital currencies, exempting them from being classified as money transmitters or financial institutions, thus freeing them from burdensome regulatory requirements.
• Intellectual Property and State Law Respect: Maintains the act's non-interference with intellectual property laws and upholds the ability of states to enforce compatible regulations.
• Clear Definitions: Establishes precise definitions for "blockchain network," "developer," "service," "control," and "digital currency," clarifying the act's scope and applicability.

Impact on the Blockchain Sector​

The act is a significant stride towards regulatory clarity for the blockchain industry, fostering an environment conducive to innovation while ensuring necessary consumer protections. By delineating non-controlling from controlling entities, it focuses regulatory efforts where they're most needed, promoting a secure and flourishing blockchain ecosystem.

Forward Look​

The Blockchain Regulatory Certainty Act represents a critical step in acknowledging and supporting blockchain technology's growth within a suitable regulatory framework. It's a move towards empowering innovation in the blockchain space, setting a precedent for future legislative efforts in this rapidly evolving field.

We are excited to share that BlockEden.xyz is joining hands with Stellar, in order to empower developers worldwide. Stellar's blockchain platform has been a game-changer in quick and affordable cross-border transactions, while BlockEden.xyz's reliable API offerings for diverse DApps have positioned us as a key player across multiple blockchains. Together, we are poised to inspire a dynamic shift in the realms of blockchain and global finance.

What is Stellar​

Stellar is an open-source, decentralized blockchain network designed to facilitate swift, low-cost cross-border transactions. Introduced in 2014 by Jed McCaleb, co-founder of Ripple and eDonkey, the Stellar network operates on a unique consensus protocol rather than the traditional proof-of-work or proof-of-stake mechanisms. People use Stellar network to build applications, issue assets, and build anchors (currency converters).

Stellar Soroban​

Soroban is a smart contract platform that is integrated into the existing Stellar blockchain. Developers could develop smart contracts with a Rust dialect and interact with Stellar’s accounts and assets, not other operations like SDEX, AMMs, Claimable Balances, or Sponsorships.

The Soroban mainnet upgrade is scheduled for February 20th .

What is BlockEden.xyz​

BlockEden.xyz is an API marketplace powering DApps of all sizes for Sui, Aptos, Solana, and 12 EVM blockchains. Why do our customers choose us?

1. High availability. We maintain 99.9% uptime since our first API - Aptos main net launch.
2. Inclusive API offerings and community. Our services have expanded to include Sui, Ethereum, IoTeX, Solana, Polygon, Polygon zkEVM, Filecoin, Harmony, BSC, Arbitrum, Optimism, Gnosis, Arbitrum Nova & EthStorage Galileo. Our community 10x.pub has 4000+ web3 innovators from Silicon Valley, Seattle, and NYC.
3. Security. With over $45 million worth of tokens staked with us, our clients trust us to provide reliable and secure solutions for their web3 and blockchain needs.

We provide a comprehensive suite of services designed to empower every participant in the blockchain space, focusing on three key areas:

• For blockchain protocol builders, we ensure robust security and decentralization by operating nodes and making long-term ecosystem contributions.
• For DApp developers, we build user-friendly APIs to streamline development and unleash the full potential of decentralized applications.
• For token holders, we offer a reliable staking service to maximize rewards and optimize asset management.

What is BlockEden.xyz building on Stellar and what does this mean for developers?​

BlockEden.xyz is leveraging the Stellar network to offer commercial Soroban RPC and indexed data to help DApp developers to speed up development with a GraphQL API and analytics.

This comprehensive expansion into Stellar's infrastructure is set to present developers with more resources and tools, potentially facilitating easier adoption and more robust application development within the Stellar blockchain ecosystem.

Node operator and Indexer for Soroban RPC and Indexer GraphQL

As a node operator, BlockEden.xyz runs Soroban RPC, and then provides commercial standard RPCs to developers on the left. Unlike the official endpoints, our RPCs are equipped with rate limits and API meters tailored to developers’ tiered needs.

BlockEden.xyz also builds an indexer for contract data, tokens, events, etc. in the Soroban smart contract platform.

The index data will serve as GraphQL. The exact content of the index data is to be decided, though we will expose at least the developer-facing data models of the Horizon service.

Business Intelligence / Analytics

Soroban RPC

For developer's convenience, we also serve the standard JSON RPC.

Conclusion​

In conclusion, as we pave the way towards a new era in blockchain and global finance, our partnership with Stellar represents a significant milestone. Harnessing Stellar's swift, cost-effective transaction capabilities and BlockEden.xyz's high-quality API offerings, we are poised to create a paradigm shift in the way developers engage with the open money network. We hope this work will inspire innovations, trigger advancements, and propel us all towards a more connected and decentralized world. Here's to a future filled with endless possibilities and shared successes.

BlockEden.xyz is on a mission to propel the mass adoption of Web3 for all Internet users. In our continuous efforts to integrate cryptocurrencies into everyday life, we are excited to announce the spinout of Payton.so, a cutting-edge payment solution.

Pioneering the Integration of Crypto in Everyday Transactions​

As advocates for the widespread adoption of blockchain technology, we firmly believe that for crypto to become an integral part of people's lives, it needs to seamlessly integrate into payment, retail, and e-commerce. Payton.so is our response to this vision, providing a user-friendly platform to facilitate crypto transactions in daily transactions.

How to get started?​

Step 1: Get Your APT Wallet Ready

Before you can pay for your subscription with APT, you will need an APT wallet. You can get any wallet that supports Aptos, like Pontem. Once you have a wallet, make sure it has enough funds to cover the subscription cost. You can transfer money from other wallets or buy more tokens directly from exchanges like Coinbase, Hippo.space or LiquidSwap.

Step 2: Go to Our Website and Select the Subscription Plan

Once your wallet is ready, go to BlockEden. xyz's website https://blockeden.xyz/pricing/ and select the best plan for your needs. Then, click Pay with crypto and select APT over the Aptos network as your payment method. This will generate an address with a QR code containing the recipient's address. Please send the exact amount of coins to the listed address. Once this is done, you will see Payment succeeded and click the button to get back to the dashboard.

Step 3: Confirm Your Payment

When you have completed the transaction, recheck your wallet balance and ensure that the correct amount has been deducted. If everything looks good, then congratulations! You have successfully paid for your subscription using APT tokens! Now all that's left is to start using our services and enjoy all of their benefits!

Join the Revolution​

We invite ambitious Web3 organizations, freelancers, and crypto enthusiasts to join us on this exciting journey. Payton.so is more than just a payment solution; it's a catalyst for the widespread adoption of cryptocurrencies in everyday financial transactions.

Stay tuned for upcoming features, partnerships, and developments as we work towards making Payton.so the go-to platform for crypto payments in the Web3 era. Together, let's build a decentralized financial future that empowers individuals and organizations worldwide.

Stay connected with BlockEden.xyz and Payton.so on our official website and follow us on social media for the latest updates and insights.

Why Espresso sequencer?​

Ethereum L2 rollups are centralized. Take Optimism Architecture for example. The globally-single sequencer receives L2 transactions from L2 users, creates L2 blocks accordingly, and then submits to data availability provider (via a batcher). It also submits output roots to L1.

Espresso is trying to decentralize such sequencer and then achieve credible neutrality, enhance interoperability, mitigate the negative effects of MEV, and encourage long-term economic incentive alignment with L1 validators.

How does it work with rollups?​

Before the shared sequencer:

After introducing the shared sequencer:

What is our motivation to join the Espresso Sequencer as an operator?​

1. Shared vision for solving the composability problem between rollups on Ethereum.
2. A passion for Yale alums's project.
3. Our partnership with token holders willing to stake with us and Espresso Sequencer.
4. Our business model ($45M staked and 21 chains' APIs supported) is built on the decentralization of L1s and L2s.
5. Our expertise with high availability infrastructure fits into the need.
6. We contribute to the ecosystem. e.g., Sui indexer, Aptos indexer, explorer, docs, community events, etc.

What differentiates us from our competitors?​

1. We use Ssilicon VValley standard techniques to run and monitor our infrastructure.
2. We started with Aptos with a 99.99% uptime and expanded to include Sui, Solana, and 12 EVM blockchains. Now, there are $45M staked and 21 chains' APIs supported.
3. We host community events with 10x.pub and offer educational sessions around blockchain system design.
4. We make ecosystem contributions and build SaaS or mobile apps to improve the user experience.

What slashing protection(s) do we offer?​

1. Uptime monitoring transparently with 7/24 hours of on-call rotation among our team.
2. Use on-call playbook and failover techniques to handle failures.
3. Use hot standby if necessary.
4. Committed to staying engaged with the community and upgrading service timely.

How do we secure our infrastructure?​

We proactively use AWS key management service, HTTPs, MFA with YubiKey for cloud accounts, Cloudflare for DDoS, rate limiter, authorization and access control, zero trust architecture, security by design when building our infra, etc. Our team comprises IoTeX founding members and security engineers from Uber and Google.

Node operation made easy with a reliable infrastructure

BlockEden.xyz introduces an advanced blockchain node infrastructure, enhancing the reliability and performance of blockchain operations. This development empowers customers to manage blockchain nodes easily and efficiently, ensuring the high availability and robustness of their blockchain applications.

Blockchain node operation often encounters issues like network instability, uptime monitoring, complex setup processes, and high maintenance costs. These challenges pose significant hurdles for businesses and individuals seeking to leverage blockchain technology.

BlockEden.xyz's delegated staking infrastructure offers a state-of-the-art solution to these challenges. This high-availability blockchain node infrastructure simplifies node setup, reduces operational costs, and ensures stable and consistent network performance. This makes blockchain technology more accessible and practical for a broader range of users.

BlockEden.xyz has an impressive track record, starting with Aptos and maintaining 99.9% uptime since its mainnet launch. Our services have expanded to include Sui, Solana, and 12 EVM blockchains, demonstrating our adaptability and commitment to staying at the forefront of the industry. With over $45 million worth of tokens staked with us, our clients trust us to provide reliable and secure solutions for their web3 and blockchain needs.

What is BlockEden.xyz’s Offering of the Delegated Staking Infra?​

1. Integrating with new networks.
2. Managed/delegated services to run blockchain nodes, including maintaining a service-level agreement, status monitoring, active on-call, and failover.
3. Develop tools to improve efficiency, e.g., distributing rewards.

Internal FAQs

What are the OKRs for Delegated Staking Infra Trying to Achieve?​

Goals:

• Build a reliable, safe, extensible, and cost-efficient delegated staking infrastructure to sustainably generate revenue streams for BlockEden.xyz.
  • Reliable: the delegate node should have high availability.
  • Safe: the funds delegated to us should be safe.
  • Extensible: the infra should be reusable to expand to another blockchain network.
  • Cost-efficient: the infra machine cost should be covered by the delegate revenue.

Why is Delegated Staking Infra Important to BlockEden.xyz?​

• It’s the revenue-generating program, bringing resources to do more strategic infra work.
• It’s an essential infra component to serve chain RPCs, particularly for latency-sensitive use cases.

How Can Delegated Staking Infra Fail? Would it Cause Customer Dislikes?​

• Failures in delegated staking infrastructure primarily occur due to service disruptions and server downtime. These issues can prevent customers from staking tokens or lead to reduced rewards due to slashing penalties. Such disruptions often result in customer dissatisfaction due to unmet expectations of consistent earnings and reliable service.

What are the Dependencies?​

• Network Selection: The chosen blockchain network plays a critical role. Different networks may have varying protocols, reward structures, and security requirements.
• Initial Funding: To participate as a validator in the staking process, an initial investment or fund is required. This amount varies depending on the network's criteria and serves as your stake in the network.

What are the Risks?​

• Fund Safety: Ideally, we should make a product that doesn’t bear the liability for the customer's fund. However, it largely depends on the blockchain's features, e.g., isolation of token owner and node operator permission.
• Crypto Market Volatility: In a sudden crypto price crash or bearish market, the token rewards might be short to cover the machine cost. A liquidation plan should be in place to ensure funds are secured to operate the infra.

How to Use this Staking Infra?​

• BlockEden.xyz offers comprehensive documentation for getting started with our staking infrastructure, including step-by-step guides for both manual staking processes

Why does staking infra matter to me?​

• Ease of Access: You can easily participate in staking and enjoy its benefits without needing deep technical knowledge or extensive resources.
• Flexibility for Future Growth: We provide the capability for future technical integrations with your needs, ensuring that as your staking needs evolve, our infrastructure can accommodate them.

How to use this staking infra?​

• To get started with our staking infrastructure, BlockEden.xyz offers comprehensive documentation. This includes step-by-step guides for both manual staking processes and technical integrations.
• We're committed to supporting your journey, addressing concerns and fulfilling requirements as they arise, ensuring a smooth and effective staking experience.

How do I know if this staking infra is the right solution to my problem?​

• To assess if our staking infrastructure suits your requirements, we recommend a phased approach. Start by trialing our service with selected networks. Monitor performance and stability over a set period. Based on this experience and the proven results obtained, you can then evaluate the effectiveness of our solution. This data-driven approach allows for informed decision-making and helps forecast potential future revenues, ensuring alignment with your business objectives.

From September 26-28, 2023, in Madrid, Spain, BlockEden.xyz unveiled the Soroban Indexer and GraphQL at Stellar's annual Meridian conference. We were delighted to showcase our innovations at this esteemed event. Below is our pitch deck for your perusal.

• Twitter: https://twitter.com/BlockEdenHQ
• Discord: https://discord.gg/4Yfvs2HWey
• Source Link: https://blockeden.xyz/blog/2023/10/07/soroban-indexer-pitch-deck/

In modern software development, building robust APIs is crucial. APIs (Application Programming Interfaces) serve as the key for communication and data exchange between different software systems, and an API that is easy to use and test can greatly accelerate the development process. We are excited to announce that we have introduced a brand new feature for Aptos - Aptos REST Playground. This is a high-availability API toolkit based on Aptos development, designed to assist you in building Aptos applications faster and better.

What is Aptos REST Playground?​

Aptos REST Playground is an interactive Web3 application designed to assist developers in exploring, testing, and understanding the Aptos API with ease. It provides an intuitive Swagger-based interactive interface that allows you to construct and send REST requests, view responses, and test to analyze data.

This tool enables Aptos developers to gain a better understanding of Aptos functionality and build exceptional Aptos applications more quickly and efficiently.

Why Choose Aptos REST Playground?​

Aptos REST Playground is a high-performance REST API customized specifically for Aptos developers by Blockeden.xyz. It aims to provide the following advantages to Aptos developers:

1. Interactive API Testing

Aptos REST Playground allows you to conduct interactive API testing without leaving your browser. It is an interactive application built on Swagger. You can construct and customize requests, view real-time responses, and make adjustments as needed. This greatly simplifies the process of API testing and debugging.

2. Real-time Data Analysis

You can directly view the data in the API responses within Aptos REST Playground, without the need to write additional code or use third-party tools. This makes it easier for you to comprehend the information returned by the API, facilitating the development of better applications.

3. User-Friendly

The user interface of Aptos REST Playground is highly intuitive, requiring no complex setup or configuration. Whether you are an experienced developer or a beginner, you can easily get started and use it effectively.

How to Get Started with Aptos REST Playground?​

Enter our API marketplace and select the Aptos card:

Inside the Aptos REST Playground interface, locate the Test REST chain API where you can see that we have integrated all the interfaces required for Aptos development:

Here, you don't need any additional configuration; our playground is ready to use out of the box. Taking Get Account as an example, we will show you how to use Aptos REST Playground:

1. Expand the /account/{address} table; we have preconfigured some parameters for you. Of course, you can also set your own parameters.
2. Click the Try it out button, and you can access the interface using either our default parameters or any information you set yourself. You will immediately receive the data you need. Pay special attention to the data with an HTTP Code of 200; it will be your primary focus. With this data, you can analyze any Aptos data request.

Sometimes, to test the speed and stability of the product, you may want to build a set of testing code on the frontend yourself. This is allowed and supported by us.

Before doing so, you need to first locate your BLOCKEDEN_API_KEY, which can be found at https://blockeden.xyz/dash:

If you haven't created your own BLOCKEDEN_API_KEY yet, you can still use the public API key we provide: 8UuXzatAZYDBJC6YZTKD.

Now, let's create our own simple testing code based on React and the Aptos REST API:

import React, { useState, useEffect } from 'react';

function App() {
  const [data, setData] = useState(null);

  useEffect(() => {
    const address = '0x0000000000000000000000000000000000000000000000000000000000dead';
    const apiEndpoint = `https://api.blockeden.xyz/aptos/8UuXzatAZYDBJC6YZTKD/v1/accounts/${address}`;

    const fetchData = async () => {
      try {
        const response = await fetch(apiEndpoint, {
          method: 'get',
          headers: {
            'Content-Type': 'application/json'
          }
        });

        if (!response.ok) {
          throw new Error('Network response was not ok');
        }

        const result = await response.json();
        setData(result);

      } catch (error) {
        console.error('API Request Error:', error);
      }
    };

    fetchData();
  }, []);

  return (
    <div className="App">
      <h1>Aptos Indexer GraphQL Example</h1>
      {data ? (
        <pre>{JSON.stringify(data, null, 2)}</pre>
      ) : (
        <p>Loading...</p>
      )}
    </div>
  );
}

export default App;

We also support cURL testing:

curl -L -X GET 'https://api.blockeden.xyz/aptos/8UuXzatAZYDBJC6YZTKD/v1/accounts/0x0000000000000000000000000000000000000000000000000000000000dead' \\
-H 'Accept: application/json'

Aptos REST Playground is a powerful development tool for Aptos, designed to simplify the process of Aptos development and testing. We hope it provides developers with a better working experience and contributes to the creation of exceptional applications. If you have any feedback or suggestions, please don't hesitate to contact us. Thank you for your attention!

• Twitter: https://twitter.com/BlockEdenHQ
• Discord: https://discord.gg/4Yfvs2HWey
• Source Link: https://blockeden.xyz/blog/2023/09/20/blockeden-xyz-launches-aptos-rest-playground/

As the CEO of a startup in the web3 domain, I'm often intrigued by emerging tech trends. The rapid ascent of bot platforms, particularly in the context of blockchain and decentralized finance, has caught my attention.

The New Wave: Telegram Bots in Web3​

With the growth of Unibot, robot concepts are becoming a new area of competition. The landscape now features hundreds of bot-centric and micro-innovative projects. Telegram, a must-have social application in the crypto circle, boasts a staggering 800 million monthly active users. These numbers become even more fascinating when you consider how Telegram Bots are simplifying crypto interactions. Within the platform, bots can handle a variety of tasks, from decentralized finance (DeFi) and miner extractable value (MEV) protection to data analytics, whale tracking, and even community gaming governance. The appeal lies in their accessibility, convenience, and wide-ranging applications.

However, rapid growth often brings skepticism and worries. Concerns about the security vulnerabilities of Telegram Bots and the maturity of the technology have begun to surface.

Unibot: The Phenomenon​

Launched in June, Unibot took just two months to achieve a phenomenal status, spawning hundreds of imitative projects. It hit a peak market cap of over $200 million, although it later faced stiff competition from "Banana Gun", leading to a considerable market share decline. Despite this drop, its current market value stands around $60 million, keeping Unibot as the leading figure in the bot arena.

Unibot Features:

• New project tracking
• Copy-trading capabilities
• Limit orders
• Token tracking and precision sniping within Telegram
• Speedier than conventional decentralized exchanges, outpacing platforms like Uniswap.

Revenue Model:

1. Service Fee: Unibot charges a 1% service fee. 40% of this is allocated to $UNIBOT Token holders, with the remaining going toward team operations.
2. $UNIBOT Token Tax: The token imposes a 5% tax. 1% of the transaction volume is shared with $UNIBOT holders.

In its prime, daily revenue reached beyond 300 ETH. Despite challenging market conditions, Unibot has performed impressively, garnering approximately 15,000 users and generating around 8,200 ETH (approx. $13 million) in total revenue within three months.

Banana Gun: The Challenger​

Banana Gun, a recent entrant, has managed to challenge Unibot's dominance. With features similar to Unibot, it has garnered a user base comparable in size, but with slightly more active members. Notably, it's proving to be more effective in its "sniping" capabilities. Banana Gun's recent pre-sale raised 800 ETH, and they faced some liquidity withdrawal issues due to contract tax complications.

The Broader Bot Ecosystem​

Other bots in the market focus on various niche aspects, such as:

• Analyzing contract details for potential red flags, like liquidity pool locks, contract access renunciations, and "rug pull" possibilities.
• Tracking the actions of high-performing wallet addresses.
• Monitoring newly launched project tokens for potential early investment opportunities.

Why Are Bots Gaining Traction?​

1. Their integration with Telegram, one of the most widely-used applications in the industry, provides a natural congregation of traffic.
2. The essence of buying and selling remains a fundamental need in finance. The functionalities of these bots revolve around trading, and ultimately, profitability is their selling point.

In conclusion, the world of web3 bots is evolving rapidly. As decentralized technologies mature, bots will undoubtedly play a significant role in the way we interact with and leverage the capabilities of the blockchain. As a stakeholder in this space, I'm excited to be a part of this journey and look forward to the innovations that lie ahead.

• Twitter: https://twitter.com/BlockEdenHQ
• Discord: https://discord.gg/4Yfvs2HWey
• Source Link: https://blockeden.xyz/blog/2023/09/16/web3-bots-rise-unibot-vs-banana-gun/