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1BCH Newsfeed, 30 May 2022

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Hi Everyone, hope you’ve been doing well! Please see our weekly update below. Thank you.

Node Issue

  • A number of our users had raised transaction issues on 1BCH.com this week. 

  • We have investigated and founder that this was part of a wider node issue (https://github.com/smartbch/smartbch/issues/60) and a fix was already deployed by the SmartBCH dev team, and there is likely some finetuning and debugging still going on. 

  • For the moment, we are using the Fountainhead node. 

  • Thank you for your kind patience with us.

Revised Farm Listings: New Farm Policy 

  • As reminded last week, 22 May 2022 marked the start of our new Farm Policy. We are making these changes to boost trading interest and activity for 1BCH.com, and allocate farms accordingly based on trading volume. Please visit our previous 2 May 2022 weekly community news-feed for more information. 

  • The new farm allocations have now been reflected (accounting for the trading volume from 22 May onwards).

  • We have and will be using the ‘Info’ functionality on 1BCH and the 7 day volume as reference

  • The next review and revision is in 2 weeks (12 June 2022).

Reminder: 1BCH:rBCH Peg 1:100 peg ends on 29 May 2022

  • The 1BCH:rBCH is maintained on a 1:100 peg that our Devs check for. 

  • This peg has ended today on 29 May 2022.

  • At the close of this peg, the ratio was approximately 1:94.

  • Moving forward, the 1BCH and rBCH token prices will be allowed to fluctuate freely as per markets.

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