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ESS

Essentia  

#ESS

ESS Price:
$0.000333
Volume:
$31.2 K
All Time High:
$0.048
Market Cap:
$455.7 K


Circulating Supply:
1,369,374,067
Exchanges:
1+
Total Supply:
1,755,313,373
Markets:
2+
Max Supply:
1,755,313,373
Pairs:
3



  ESS PRICE


The price of #ESS today is $0.000333 USD.

The lowest ESS price for this period was $0, the highest was $0.000333, and the current live price for one ESS coin is $0.00033276.

The all-time high ESS coin price was $0.048.

Use our custom price calculator to see the hypothetical price of ESS with market cap of ETH or other crypto coins.


  ESS OVERVIEW


The code for Essentia crypto currency is #ESS.

Essentia is 4.2 years old.


  ESS MARKET CAP


The current market capitalization for Essentia is $455,679.

Essentia is ranking upwards to #1526 out of all coins, by market cap (and other factors).


  ESS VOLUME


The trading volume is modest today for #ESS.

Today's 24-hour trading volume across all exchanges for Essentia is $31,217.


  ESS SUPPLY


The circulating supply of ESS is 1,369,374,067 coins, which is 78% of the maximum coin supply.


  ESS BLOCKCHAIN


ESS is a token on the Ethereum blockchain.


  ESS EXCHANGES


ESS has limited pairings with other cryptocurrencies, but has at least 3 pairings and is listed on at least 1 crypto exchange.

View #ESS trading pairs and crypto exchanges that currently support #ESS purchase.


  ESS RESOURCES


Websiteessentia.one
Whitepaperessentia.one/files/token_utility_draft.pdf
Twitteressentia_one
Redditr/essentia
Telegramessentia_one
Mediumessentia_one


  ESS DEVELOPER NEWS



Sixth Round of ETH/ESS Pool on Unicrypt. We’re Back!

Missed the previous pools on Unicrypt? We’ve got you covered! ESS/ETH pool is back so everyone can still get that passive ESS tokens. As a reminder, Unicrypt farm allows you to become a liquidity provider and gives you rewards for doing providing liquidity. Practically all you can do to start earning ESS tokens right now is to provide the idle tokens you currently have — everything can be unstacked the moment you decide to. But as long as the tokens are locked in the farm, you will keep earning the rewards. Note: If you’re not sure if you want to earn ESS through farming, we have alternative ways like staking . What is yield farming a.k.a liquidity farming? “Yield farming is the process of lending cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set period of time, in order to receive rewards (or ‘yield’) in the form of additional cryptocurrency.” In other words, you provide the liquidity — add the assets you currently have to the existing supply. By doing so, you become a liquidity provider. You add to the ecosystem and are rewarded for that. What are liquidity provider tokens (LP)? LP tokens are mathematical proof that you provided assets to a pool, you can think of them as a coupon or a receipt. Naturally, you receive them only after you provide liquidity. This was a short explanation of how liquidity mining works, you can check out the following video to learn more: Video > www.youtube.com We will be launching the farm mid September, so stay tuned! All instructions on how to provide liquidity and farm will be released once the farm is up! For any questions that may occur, please contact us in the Telegram channel.




Development Update: The Bridge is Out!

Hello, Essentia community! Today we are coming to you with some great news, and additional development updates you may want to know about. Keep on reading to learn what we have achieved. As you already know, during the last few months we have been pulling all-nighters working on the new bridge to enable our users with stable token swap functionality. We are proud to say that we have finally come to the end of this journey, and just rolled out the new bridge! It was very hard on the development end to create — as we wanted to make sure this time, there is no place for major bugs. Our job was to make the token swap easier, more stable and safe. Since the day one of our project, we were placing safety of our users as our top priority, and this task was no different. So, we can officially say that you can now safely exchange your tokens for coins in the Essentia app. We will include the token swap guide below for those who needs a little reminder for the procedure. How to perform token swap? 2. Enter the number of tokens you wish to swap for coins and hit Swap. 3. Select the Essentia coin wallet you wish to send the coins to. Note that the transaction fee will be taken from your Ethereum wallet — make sure you have some ready, and from the final number of the Essentia coins. Great news! We will refund the swap fee for the lost ess tokens from the transaction. https://docs.google.com/forms/d/e/1FAIpQLScozB6ptVnp87txFzkDsc3bQgbeiN9pl9usH2taKDxNk9arbg/viewform Please fill out the form below once you’ve done the swap! 4. Check your transaction. If you want a more detailed guide with more information, please visit the respective article right here. We are delighted to announce that we decided to prolong our masternode running initiative, and offer free server fees for the whole 2022 year! We have been doing that for the whole 2021, and seeing the amount of patience and support on our community’s end, we wanted to acknowledge that. So, if you have a desire to contribute to the project and earn rewards for that — remember you have a unique opportunity to set up a Mars masternode, and not pay any server fees for running it. Also, we have a 1-click masternode deploy ready, so that you won’t have to put in any effort into setting up. All can be done within minutes of your time. If you are interested, check out this guide to make sure the process goes smoothly. Soon the new app version will be released as well, so make sure you follow us to be among the first ones to know the news! Let us know what you think about the updates in our socials, we appreciate your feedback. Originally published at https://essentia-one.medium.com on February 23, 2022.




Essentia 2021 Recap

Has it really been a year already? We cannot believe that another 12 months were spent on the way towards our mission of contributing to the decentralized feature that blockchain technology offers. Today we are here to, first of all, wish you all a happy and safe New Year! The situation globally is not what anyone could wish for, but we truly hope you will find happiness in every little thing that surrounds you. Happy New Year! Now, let’s get to business. If you haven’t been around that much, this post is your chance to catch up with everything that happened during the last year in the Essentia community. If you are interested to take a look at a simple recap of all updates, keep on reading!Development updates Let’s start with the most important thing — development. This year we managed to roll out the one-click masternode deploy for Mars masternodes. Now our users can easily set up a Mars masternode. Here’s a few step guide on how you can set up a masternode in no time:Go to your wallet, you will see the Deploy masternode button, click on it. 2. You will get this pop-up. Select your Mars node, enter the name of your masternode, as well as the server subscription timeline. Click Setup a masternode. 3. While the masternode is setting up, you will see the ‘In progress’ status. When you hover on it, you will see what step you are on at the moment. 4. When the masternode is up, the status will change to ‘Active’. This takes approximately 20 minutes. As you can see on the screenshot below, you can find the information about the next server payment to make, how many rewards you have earned, and the status of the node. Note: the time of the masternode deployment depends on the network load, and might take up to 1–2 hours on the busiest days. Determined to simplify the processes within the Essentia app, we also created the one-click staking option. This way our users are now able to simply lock in the ESS coins in their wallets to start earning the rewards. Every platform has a fair share of bugs — this is simply how life works. This year we fixed numerous bugs and errors: from big to small. All this while also refining the existing UI/UX features and adding new ones on the go.Farming One of the biggest surprises of 2021 was learning how interested our community was in engaging farming with ESS coins as rewards. By popular request, we added ESS/ETH pool to Unicrypt just to reopen the farm FOUR more times after that. We really appreciate the interest you guys show, and we gladly comply with your wishes to re-launch the farm as many times as you need. You know that you can always forward your suggestions to Essentia’s official Telegram channel.Community The Essentia team this year was extremely focused on the community side of the project. We were very active in incentivizing new users to join in and keep the engagement levels high. Let’s recap!AMA This year we had an incredible opportunity to be a part of the AMA with BSC News, where we talked about Essentia and how it works. For anyone who might have missed the actual live AMA, BSC News kindly posted a transcript that is available here.Airdrop As part of our gratitude towards our supportive community, this year we have distributed over 3M ESS tokens in airdrops! The tokens were sent to users that were actively staking ESS coins. We must tell you, that we are not planning on stopping such surprise airdrops! We do have some campaigns in plans, so do not hesitate to be active, staking, and setting up masternodes :)Incentives As we mentioned already, we were very focused on incentivizing our users to participate in staking/masternodes set up. Also, we realize the current situation with Ethereum and its incredibly high fees. This combined, we came up with the fee-less initiative. This whole year we allowed our users to set up masternodes while we were covering the server fees! And, that’s not all! We have been also covering the token swap fees taken to swap ESS tokens into ESS coins. This all means that in 2021 deploying a masternode only took our users the minimal lock amount of coins. All service costs were covered!Contests Are you on Essentia’s Twitter yet? If not, chances are you are sleeping on many opportunities to receive ESS tokens! This year we conducted several contests with tokens as prizes. One of them was finding out the three most active users on Essentia’s socials. https://twitter.com/Essentia_One/status/1390717680974499845 And others! Hit the follow button to never miss the updates and new contests!Events We’re delighted to announce that a part of our team, namely Bohdan Bobrytskyi (Head of Operations) and Ilona Kotysko (Head of Marketing), attended the Blockchain & Bitcoin Conference in Kyiv! The event took place on May 25, 2021. It was an unmatched opportunity to network and talk with some top players in the industry. The circumstances around the world don’t allow traveling much, so we were very glad to have visited this event. Check out the photo recap here.Listings 2021 was rich with listings and partnerships. We were proud to have been listed on http://masternodes.online. You can now check all the master node information using this platform. Other big listings we managed to secure were Gate.io, Bibox, and MyContainer. What is even more exciting is that we not only have been listed but partnered with them. The cooperation that sprung out of it also resulted in many giveaways and airdrops for our awesome community! https://twitter.com/mycointainercom/status/1391010923599515648 https://twitter.com/Bibox365/status/1386611465885392896Marketing This year we collaborated with a long list of YouTubers and Influencers with the goal of spreading the word about the project and attracting more and more active users. Did you find out about Essentia through one of such collaborations? Let us know!What next? We are working hard on Essentia, and want to achieve many more goals in the upcoming year of 2022. First off, we will fix the token swap, and roll out a renewed version of the ETH-ESSX bridge. The BSC bridge is also coming up soon(early 2022) alongside the Fiat on Ramp feature, which will allow users to purchase ESSX with their fiat within the app. There will also be a completely new design of the app, with many new features, and quality of life changes. We are looking to finish our mobile apps for Android and iOS by 2022 as well, allowing you to have access to your DeFi life on the phone. This, and much more is coming up in the next year. Stay tuned for the updates, and share your experience with us in the outgoing year. We’d like to hear you out!




Unicrypt Farm Round 5! ETH/ESS Pool Relaunched

We are delighted to announce that we are re-launching the ETH/ESS pool for the fifth time already! We were happy to see the amount of interest you guys have shown in staking and earning your ESS rewards — and it doesn’t seem to cease. That is why we have decided to launch round 5 of the pool on Unicrypt, and we have a feeling it will not going to be the last time either. So, if you missed your opportunity before, make sure you jump in on this one. Below, in this article, you will find a detailed guide on how you can stake your tokens to the said pool, as usual. Note: If you’re not sure if you want to earn ESS through farming, we have alternative ways like staking and masternode deployment.What is yield farming a.k.a liquidity farming? “Yield farming is the process of lending cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set period of time, in order to receive rewards (or ‘yield’) in the form of additional cryptocurrency.” In other words, you provide the liquidity — add the assets you currently have to the existing supply. By doing so, you become a liquidity provider. You add to the ecosystem and are rewarded for that.What are liquidity provider tokens (LP)? LP tokens are mathematical proof that you provided assets to a pool, you can think of them as a coupon or a receipt. Naturally, you receive them only after you provide liquidity. This was a short explanation of how liquidity mining works, you can check out the following video to learn more: Video > https://www.youtube.com/watch?v=ClnnLI1SClAFarming details Pool: ETH/ESS. Block reward: 1.2713 ESS Duration: 152 daysHow to farm $ESS? 1. The first step would be to visit https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7. Click Accept. 2. Click ‘Farm ESS’. 3. Connect your wallet: you can choose between Coinbase and Metamask. 4. In order to stake your LP tokens in the farm, and receive $ESS as a reward, you will first need to add liquidity to the ETH/ESS pool on Uniswap. Click on Get liquidity tokens. This will redirect you to the Uniswap pool. Or, you can go directly to Uniswap by the following link: https://app.uniswap.org/#/add/ETH/0xfc05987bd2be489accf0f509e44b0145d68240f7 6. Add liquidity to the pool by clicking on Add liquidity in the top right corner. 7. Pick the number of tokens you’d like to add to the pool. Approve the tokens, and confirm the transaction in your wallet — in our case it’s Metamask. 8. Press Confirm supply and confirm the transaction in Metamask. 9. Go back to https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7, and click on Farm ESS once again. 10. Stake the UNI LP tokens you received before. Click Approve, confirm on Metamask. Then click on Stake. Note: If you cannot see the $ESS tokens in your Metamask wallet, here’s what you need to do.Follow this link: https://www.coingecko.com/en/coins/essentia.Click on the Metamask icon here: All done! Now you are an official liquidity provider. Sit back, while your tokens earn you even more token. For any questions that may occur, please contact us in the Telegram channel.




Essentia June‘21 Monthly Updates

Long time no see: it’s a busy time for Essentia! Today we’re finally here to review the most memorable events that happened to the projects during the last weeks, keep on reading if you want to stay in the know!Masternodes1-click Auto Deploy The last few months were rich with news for the Essentia masternodes. First of all, we’re proud to remind you that we’ve just rolled out the possibility to auto-deploy Mars masternodes. As you probably remember, we initially only had Mercury masternodes available in our 1-click deploy service. Now, all users can choose the type while setting up a node directly in the Essentia wallet.Fees reimbursement We would also like to take this opportunity to remind everyone that we’re currently running a fees reimbursement initiative for everyone who wants to set up a masternode. We are returning funds you spend for the token swap, as well as pay for your server fees. The initiative is active until June 30. Check out the conditions, and don’t miss your chance!Masternode aggregators During the last months, the Essentia masternodes were added to quite a number of different Masternodes aggregators. This is great for a variety of reasons: a) users wanting to install masternodes can now check all the needed information on their favorite aggregator services; b) it allows more people to find out about the possibility to even deploy our masternodes: great for spreading awareness. Among the services that added Essentia was Gentarium, Flits, Masternode.Buzz, and more. Find the whole list with links here.Staking Apart from the 1-click auto-deploy of the Mars masternodes, we were also able to launch the 1-click staking — followed by popular demand. Now, you can engage in cold-staking directly in the Essentia wallet and start earning rewards immediately. Here you will find a step-by-step guide on how to use the service — however, we can assure you that it’s nothing complicated. Just a few clicks and you’re all set.AMA One of the events we were most excited to attend during the last week was BSC News AMA. It was an awesome experience, and an excellent opportunity to answer the questions that were asked directly by our community. If you have missed the event, don’t worry — you can read a transcript here. Take a look, you will definitely find answers to your questions there, we promise.Blockchain & Bitcoin Conference in Kyiv Since the start of the pandemic, we haven’t had many chances to travel and attend events, that is why when we had the opportunity, we grabbed it. Last month, in Kyiv we were networking, and meeting top crypto players at the Blockchain & Bitcoin Conference. We had a great time, which you can see from some of the pictures: See a photo recap to know exactly whom we were lucky to meet.Farms Just last week we delightfully launched a fourth round of the ESS/ETH pool on Unicrypt — all because our community was asking us to! We cannot believe how much involvement you all show, and we cannot be happier about it. If you’re new here, you can start earning passive income, just by staking your ESS into a pool — that simple. All details, dates, and a guide you can find here.Dark Mode A dark mode, an update you’ve all been requisitioning so much, is finally out. Have you seen it already? Share your opinions and suggestions in our official Telegram channel, or email us at support@essentia.oneWhat’s next? Lots of new features and tools will be implemented pretty soon, we’re already working on: - DeFi dashboard V2 - Desktop (macOS, Windows, Linux) app V 2.0 - Lending V1 - Voting Center - Mobile apps extended functionality - Identity Management and more. We will keep you posted about every tool and service we develop, as we move forwards. As always, we have so much work, and we’re gladly doing it with our goal in mind. If you’re interested to see all the updates in our roadmap, click here. That’s it for now! As always, if you have any questions, make sure to send them all to our Telegram channel, we will be glad to answer. See you in the next post!




Unicrypt ETH/ESS Pool FOURTH Round: Relaunched

Here we go again! We are delighted to announce that the Unicrypt farm will be relaunched again, for the fourth time, and we couldn’t be happier about it. For the past few days, we’ve been receiving multiple requests to relaunch the pool once again since the previous one was going to close. Seeing how keen our community is we couldn’t help but to provide. So, ETH/ESS farm will go on for the whole summer! Keep on reading to see all the pool details and a guide for those who are new to the party. What is yield farming a.k.a liquidity farming? “Yield farming is the process of lending cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set period of time, in order to receive rewards (or ‘yield’) in the form of additional cryptocurrency.” In other words, you provide the liquidity — add the assets you currently have to the existing supply. By doing so, you become a liquidity provider. You add to the ecosystem and are rewarded for that. What are liquidity provider tokens (LP)? LP tokens are mathematical proof that you provided assets to a pool, you can think of them as a coupon or a receipt. Naturally, you receive them only after you provide liquidity. This was a short explanation of how liquidity mining works, you can check out the following video to learn more: Video > https://www.youtube.com/watch?v=ClnnLI1SClA Farming details Pool: ETH/ESS. Rewards to be distributed: 2.9 mln tokens. Rewards start: 00:01 AM UTC 8th of June. Rewards end: 00:01 AM UTC 8th of September (92 days).How to farm $ESS? 1. The first step would be to visit https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7. Click Accept. 2. Click ‘Farm ESS’. 3. Connect your wallet: you can choose between Coinbase and Metamask. 4. In order to stake your LP tokens in the farm, and receive $ESS as a reward, you will first need to add liquidity to the ETH/ESS pool on Uniswap. Click on Get liquidity tokens. This will redirect you to the Uniswap pool. Or, you can go directly to Uniswap by the following link: https://app.uniswap.org/#/add/ETH/0xfc05987bd2be489accf0f509e44b0145d68240f7 6. Add liquidity to the pool by clicking on Add liquidity in the top right corner. 7. Pick the number of tokens you’d like to add to the pool. Approve the tokens, and confirm the transaction in your wallet — in our case it’s Metamask. 8. Press Confirm supply and confirm the transaction in Metamask. 9. Go back to https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7, and click on Farm ESS once again. 10. Stake the UNI LP tokens you received before. Click Approve, confirm on Metamask. Then click on Stake. Note: If you cannot see the $ESS tokens in your Metamask wallet, here’s what you need to do.Follow this link: https://www.coingecko.com/en/coins/essentia.Click on the Metamask icon here: Pretty easy right? Now you’re an official liquidity provider, which allows you to sit back and earn passive income from your tokens being in the pool. For any questions that may occur, please contact us in the Telegram channel.




Essentia At Blockchain & Bitcoin Conference in Kyiv — Photo Recap!

Essentia At Blockchain & Bitcoin Conference in Kyiv — Photo Recap! We’re delighted to announce that a part of our team, namely Bohdan Bobrytskyi (Head of Operations) and Ilona Kotysko (Head of Marketing), attended the Blockchain & Bitcoin Conference in Kyiv! The event took place on May 25, 2021. As stated on the official website, “Blockchain & Bitcoin Conference Kyiv 2021 is an event dedicated to the prospects of development of blockchain technologies in business, benefits of cryptocurrencies in various sectors of economy, as well as the peculiarities of the legislative regulation of virtual assets.”. The event gathered top players from a variety of industries, such as owners of blockchain companies, founders of innovative startups, business professionals, investors, and everyone interested in the blockchain sphere. At Essentia, we all share the common goal of spreading awareness and adoption of decentralized technologies, so this was an extremely useful experience to gain. Speakers of the event represented the most influential and widely known professionals, including Ivan Pashkar (Marketing Manager at Binance Ukraine), Serhii Kalinin (Head of Product at KUNA exchange), and Mark Ginzburg (Founder at Ukrainian Investment Holding). It was an unmatching opportunity for us to network, discuss the latest movements in the crypto industry, and spread the word about Essentia across the industry experts. We managed to talk through new cooperations that will hopefully become the beginning of multiple beneficial partnerships! Stay tuned for the news! Last but not least, a few words from Essentia’s Head of Operations, Bohdan Bobrytskyi: “It’s great to be a part of something global like Blockchain conference held in the city of Kiev. It allows to draw inspiration, communicate with professionals, and build new partnerships. The speakers arose the topics of trends in crypto industry, shared their opinions regarding further aspects in DeFi as well as in the crypto world. In general, it made us sure that we have been moving in the right direction with Essentia project and our ideas as well as vision are absolutely relevant, up to date, and demanded by both — the market and users. The future of the Essentia protocol seems bright and promising to me. See you on other conference soon!”See how it wentEssentia’s Head of Marketing Ilona Kotysko with Binance’s representatives, after discussing the Essentia plans to move to BSCWith the representative of the AMLBot project




5 Reasons Why You Should Start Staking with Essentia

As the days go, we see more and more people interested in staking within the Essentia app. And, of course, there are users who are on the verge. So, today we are here to offer you 5 reasons why you should stop hesitating, and start earning that passive income right now.No lockup period Many applications offering staking also have lockup periods. We — don’t. It’s up to decide for how long you need to keep your funds staked, and when to claim your rewards. All you need to do is click one Unstake button in the Essentia desktop app to get all your tokens right back into use.Fees are refunded We understand how frustrating it is to pay hundreds of dollars in fees these days. So, for quite a while now we’ve been offering the fees reimbursement initiative. The initiative entails that the fees for token swap, or servers (for masternodes) are refunded by us. We are planning on keeping the initiative active for a while still, so if you’re interested to check out the dates and conditions, please visit this article here.Stable APY Over the period of the last few months, the APY rates have been very stable, with numbers around 19%. This allows you to accurately predict the rewards for any timeframe.Convenient setup Enabling staking will take you 2 minutes of your active participation, everything else is on us. We’ve released the auto-deploy very recently, which was requested by our supporting community. With such functionality, you won’t need to spend more time than necessary on enabling it.Low entry-point If you want to start staking, you need to have at least 10,000 ESSX (coins), compared to our masternodes requirements (100,000 ESSX, and 300,000 ESSX). With this sum on your wallet, you can start staking and earning passive income right now.How to start staking?Download the app from essentia.one.Create an account and a wallet.Click on your ESSX wallet, and choose Staking from the menu on top. 2. In the window that has popped up, enter the number of coins you want to stake. 3. Click Confirm. And that’s it! Now you have your coins staked. It may take a few minutes for the system to register your actions, so wait a bit and then refresh the page. All done! If you still have questions regarding staking, make sure you ask all of them in the official Telegram channel — we’ll gladly answer them. If you need some more detailed instructions, visit an official guide here where you’ll find all the steps including the wallet creation and token swap.




Where Essentia’s Heading: The New Roadmap is Out!

Great news you guys! We have just uploaded a new version of the Essentia roadmap — 2.2. As we were years before, we are focused on the development of the products using the agile methodology that involves reviewing the requirements, product value, and relevance on regular basis. Though we are tweaking the direction a bit — with going DeFi, about which you already know — we’re doing so with our continuous goal of making decentralized products more accessible to everyone. This being said, let us put you in the picture of everything that awaits for 2021–2022.Where we at today This is no secret that for the last few weeks we’ve been actively working on our own DeFi-oriented services. This including the first version of the DeFi Dashboard with yield farming, borrowing/lending, and more features. Currently, we’re continuing our work and are proud to say that the release seems to be not that far away — stay tuned! Also we are actively developing Interoperability with BSC V1 that is going to be delivered by Q2 2021. Currently, it is being developed on the testnet (link https://testnet.bscscan.com/address/0xa261DEC1cf1725bA0e0911f8A3dc4C5E5B3cA38a#code) Another service we haven’t talked about a lot, but that is in active implementation is a fiat on/off-ramp. It will allow you, and all Essentia users, to buy cryptocurrency directly using FIAT money. We believe that it will provide even more accessibility for outsiders to enter the crypto world, and overall will just make it easier to acquire cryptos. A lot of users have also asked to implement the dark theme of the Desktop app, which will be developed soon. Thank you all for the suggestions, as always! You help us make Essentia better. The changes mentioned above are not far away, so we advise you to keep an eye on our social media, to always be in the know of all the recent developments.Planned for 2022 On the other hand, lots of new features and tools will be implemented by the end of 2022. Among them are: - DeFi dashboard V2 - Desktop (macOS, Windows, Linux) app V 2.0 - Lending V1 - Voting Center - Mobile apps extended functionality - Identity Management and more. We will keep you posted about every tool and service we develop, as we move forwards. As always, we have so much work, and we’re gladly doing it with our goal in mind. We desire to provide up-to-date instruments for our users and top-level functionality, and that is also why we are always grateful for any feedback that our community provides. They allow us to create services that are usable and have value to them. So, if you have feedback to share, make sure you contact us on our Telegram channel. You can also forward there any questions on the roadmap, or the project in general!




Unicrypt Farm THIRD Round! ETH/ESS Pool Relaunched Again

Did you miss the first two farming rounds on Unicrypt? Don’t worry, we’ve got another one coming. Yes, due to the popular demand we’re relaunching the pool for the third time, so everyone can still get that passive ESS tokens. As a reminder, Unicrypt farm allows you to become a liquidity provider and gives you rewards for doing your services. Practically all you can do to start earning ESS tokens right now is to provide the idle tokens you currently have — everything can be unstacked the moment you decide to. But as long as the tokens are locked in the farm, you will keep earning the rewards. Note: If you’re not sure if you want to earn ESS through farming, we have alternative ways like staking and masternode deployment. Lucky for you, we’re currently running an initiative reimbursing fees spent on the token swap and server payments! Learn more details here. What is yield farming a.k.a liquidity farming? “Yield farming is the process of lending cryptocurrencies to a variety of decentralized application (or Dapp) smart contracts for a set period of time, in order to receive rewards (or ‘yield’) in the form of additional cryptocurrency.” In other words, you provide the liquidity — add the assets you currently have to the existing supply. By doing so, you become a liquidity provider. You add to the ecosystem and are rewarded for that. What are liquidity provider tokens (LP)? LP tokens are mathematical proof that you provided assets to a pool, you can think of them as a coupon or a receipt. Naturally, you receive them only after you provide liquidity. This was a short explanation of how liquidity mining works, you can check out the following video to learn more: Video > https://www.youtube.com/watch?v=ClnnLI1SClAFarming details Pool: ETH/ESS. Rewards to be distributed: 3.8 mln tokens. Rewards start: 9 pm UTC 17Apr Rewards end: 9 pm UTC 1st of June (45 days)How to farm $ESS? 1. The first step would be to visit https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7. Click Accept. 2. Click ‘Farm ESS’. 3. Connect your wallet: you can choose between Coinbase and Metamask. 4. In order to stake your LP tokens in the farm, and receive $ESS as a reward, you will first need to add liquidity to the ETH/ESS pool on Uniswap. Click on Get liquidity tokens. This will redirect you to the Uniswap pool. Or, you can go directly to Uniswap by the following link: https://app.uniswap.org/#/add/ETH/0xfc05987bd2be489accf0f509e44b0145d68240f7 6. Add liquidity to the pool by clicking on Add liquidity in the top right corner. 7. Pick the number of tokens you’d like to add to the pool. Approve the tokens, and confirm the transaction in your wallet — in our case it’s Metamask. 8. Press Confirm supply and confirm the transaction in Metamask. 9. Go back to https://farm.unicrypt.network/farms?token=0xfc05987bd2be489ACCF0f509E44B0145d68240f7, and click on Farm ESS once again. 10. Stake the UNI LP tokens you received before. Click Approve, confirm on Metamask. Then click on Stake. Note: If you cannot see the $ESS tokens in your Metamask wallet, here’s what you need to do.Follow this link: https://www.coingecko.com/en/coins/essentia.Click on the Metamask icon here: All done! Now you are an official liquidity provider. Sit back, while your tokens earn you even more token. For any questions that may occur, please contact us in the Telegram channel. Unicrypt Farm THIRD Round! ETH/ESS Pool Relaunched Again was originally published in Essentia One on Medium, where people are continuing the conversation by highlighting and responding to this story.




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Bitcoin Mining Company Blockmetrix Closed a $43 Million Funding Round

    Dallas-based cryptocurrency mining organization – Blockmetrix – disclosed it had raised $43 million in a Series B investment round. Thus, the company’s total venture funding reached $50 million. Blockmetrix Stepping up According to the announcement, the fresh financing included investors from the United States, Australia, and several nations in Asia. Blockmetrix vowed to employ the $43 million to expand its operations by securing additional digital asset mining rigs. Founded in 2021, the BTC miner used its first $7 million Series A funding to deploy 1,000 cryptocurrency mining rigs. According to the company, the newly raised funds will allow it to provide more than 5,000 rigs in the near future. One of the reasons for Blockmetrix’s considerable funding might be its location. Over the past several months, Texas has emerged as the mining capital of the US as local regulators show a positive stance towards the industry. The “Lone Star State” also has an affordable price of electricity, which is a key factor for this business. Nevin Bannister – Co-Founder and CEO of the company – said this additional investment is a “significant milestone and testament” to the team’s efforts to build the entity to its current status. “Scaling our company as quickly as possible has been our main prerogative since day one. We are striving to keep up this momentum and meet industry demand as we enter our interim round and eventu... read More



North America's Largest Bitcoin Miner Goes Public With a SPAC Merg...

    Investors of Core Scientific Inc. (a leading US bitcoin mining company) have reportedly approved a plan to get listed on Nasdaq. The firm started trading under the symbol CORZ. Nasdaq’s Newest Member According to a recent report by Bloomberg, the blockchain infrastructure provider – Core Scientific Inc. – will proceed through an estimated $4.3 billion merger with the special-purpose acquisition company Power & Digital Infrastructure Acquisition Corp. (ticker XPDI). The latter’s price shares have been on a downtrend after peaking to an all-time high of nearly $15 in November 2021. Since then, it has lost approximately 32% of its valuation. Speaking on the partnership was Mike Levitt – Co-Founder and CEO of Core Scientific Inc.: “We’ve worked hard to lay the groundwork that will enable us to achieve our 2022 projections. Our objective is to be the best. Being the best means doing all that we can for our business, the industry in which we participate, and for the bitcoin network.” The Texas-based company assured it is the largest in the USA in terms of processing power as its combined mining capacity of 6.6 exahash at the end of last year significantly surpassed its rivals. In comparison, Marathon Digital Holdings had a 3.5 exahash in December 2021, while Riot Blockchain was third with 3.1 exahash. It is also worth noting that Core Scientific mines for itself and provides Internet hosting services for other large-scale miners. Curr... read More



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