Neon EVM Announcements
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Fast Track to Solana

Our chat: https://t.me/NeonEvmCommunity

All of our website: https://neonevm.org/
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πŸ’‘ Did you know that The user can independently form the Solana transactions necessary for the execution of his Ethereum transaction?

πŸ™…β€β™‚οΈIn this case, we don't have an operator in the process. Execution of a Solana transaction is paid for with SOL tokens.
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πŸ”₯Hey Neoners! We are excited to inform you we will be hosting a Networking event with Web3Cowork in Lisbon from October 31 until November 4 and we invite you to join us! Days will be divided into working, hacking, and of course - chilling together.

⏰On November 2, 14:00-18:00 we are hosting LAYER 2 MEETUP and panel discussion with some familiar guests like Polygon, Aurora, Fuel, and more!

More details and application here: https://web3cowork.org/


P.S. After this you can meet us at Solana Breakpoint from Nov 4-7, where we will have speeches, workshops, and something else you're gonna love.

Big things are coming.
Get ready
🀯
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πŸ’‘ Did you know that ERC-20/SPL Wrapper is an implementation of the ERC-20 interface for a certain SPL token?

πŸ› In this case, balances are stored on the balance of SPL tokens, ERC-20/SPL Wrapper provides applications (solidity contractors) with the ability to work with these balances using ERC-20 protocols.
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πŸ’‘ Did you know that Neon EVM is a cross-chain solution that allows dApp developers to access the advantages of Solana to expand their services?

πŸ“£ New products like arbitrage or high-frequency trading, growth of their user base, and decreased costs wherever possible, including gas fees, all become possible.

🀯 Neon EVM will enable full compatibility with Ethereum on Solana!
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Zpoken is a full-stack Web3 development firm. The company has shipped more than 50 projects and has 30 active builders across 10+ blockchain networks.

And now they tested and successfully deployed no one else but Compound Protocol's smart contract functions to our Neon EVM!

Check all the details here: https://medium.com/neon-labs/zpoken-successfully-deploys-the-compound-protocol-on-neon-evm-e1e663e921ed
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πŸ’‘ Did you know that Neon EVM is compiled into Berkeley Packet Filter bytecode, a format that can be executed on Solana?

πŸ› The BPF virtual machine is installed in Solana, allowing developers to embed other virtual machines inside Solana.

πŸͺ„This allows Neon EVM to receive Solana transactions with wrapped Ethereum-like transactions and process them on Solana according to Ethereum rules.
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πŸ’‘ Did you know that Neon Proxy is a service that provides a Web3 API to access the Solana blockchain?

πŸ‘·β€β™‚οΈThis acts as communication between Neon EVM clients and Neon EVM and it will be run by Neon Operators.

πŸ™‰ Its main functionality is to help Neon EVM clients start using Neon EVM without any changes to their codebase.
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πŸ”₯Check out the best contribution of the previous week!
Get familiar with the Neon Discord Community in less than a minute!

The video guide was made by Ihor#5286✌️
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πŸ’‘Did you know that Neon EVM ensures the independence of its operations by providing open access to its infrastructure to anybody who is willing and capable of running Neon Proxy?

πŸ“šMoreover, the Neon Web3 Proxy can be replaced with a client library by any Neon EVM client if a dApp developer doesn't want to use it, but implementation isn't simple.

πŸ‘·β€β™‚οΈCheck out the guide for operators in Neon docs!
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πŸ’‘Did you know that Neon EVM operators deposit their own funds at the start of the execution of iterative transactions?

➑️If the transaction isn't fully executed by the original operator, the deposit and the user's fee are granted to another operator who finalizes it.

βœ…This ensures that iterative transactions are finalized as well as motivates not only the client but also any operator involved in processing the transaction to have a vested interest in making sure that the transaction is successfully completed.
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πŸ’‘ Did you know how Neon EVM gas fees are calculated?

Neon EVM gas fees include three main components:

1️⃣ The cost of executing a Solana transaction, which depends on the number of signatures specified in the transaction.
2️⃣ Some part goes to Neon DAO treasury for using the Neon EVM.
3️⃣ A fee paid to the Neon EVM operator that executes the transaction.
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πŸ’‘Did you know how the transfer of funds from Ethereum to the Neon EVM occurs?

πŸͺ± This transfer is facilitated by the Wormhole bridge. When ERC-20 tokens on layer 1 (L1) are sent across the Wormhole bridge, SPL tokens representing the ERC-20 tokens are generated by an SPL token contract on Solana.

πŸ“¦ To enable the interaction between SPL tokens and the Neon EVM interface (along with smart contracts on the Neon EVM), the original ERC-20 tokens are "wrapped" into SPL tokens. Once the ERC-20 tokens are wrapped, they're able to operate on the Solana network.
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πŸ”₯ Here is the best contribution of the week!

Glorious, but simple design; an original and funny approach - that's the best way to present the features and benefits of Neon EVM.

The thread was made by kobeR 🀟
https://twitter.com/kober77387707/status/1588137203506597888
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πŸ”₯We are excited to announce that the Neon EVM is set to go LIVE on MAINNET on December 12, making it the first EVM on Solana!

Ethereum-based dApps will now have access to Solana’s scalability & liquidity without change to the codebase!

We have many projects to join the Neon Ecosystem at launch and super happy to be partnering up with: AAVE, Curve, Wormhole, The Graph and more!

If you want to build your very own dApp on Neon, check out our docs (https://docs.neon-labs.org/) and feel free to reach out via Discord or here for any technical or non-technical inquiries.

Big shout out to our community and partners that have supported us this far! We would not be where we are without your support and patience!πŸ™

Ambassador program soon...πŸ‘€

Check out the Medium article to learn more: https://medium.com/neon-labs/63b25bcc77a3
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πŸ’‘ Did you know that Tracing API is an extension for Neon Proxy that helps developers better test, debug, and understand their smart contracts on Neon EVM?

πŸ“” The API will give developers a full externality trace on any transaction executed on the chain. They’ll be able to rerun historic transactions, run new transactions on historic states, and analyze the state of the blockchain after the execution of each instruction.

πŸ’ More in our blog: https://medium.com/neon-labs/fdb3842a80fa
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πŸ’‘ Did you know that oracles provide a way for the decentralized Web3 ecosystem to access price feeds and other external (off-chain) data sources? Neon EVM supports querying data from Solana deployed Oracles:

πŸ”— Chainlink - it's Data Feeds are the quickest way to connect your smart contracts to the real-world data such as asset prices. It supports Neon EVM and is implemented as a smart contract making Chainlink Data Feeds from Solana network available on Neon EVM.

πŸ“‘ Pyth is an open-source real-time on-chain market data feed. It supports Neon EVM and its repo is maintained by Pyth on GitHub.
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πŸ’‘ Did you know what parameters the NEON token includes?

1️⃣ It can be divided into Alans, where 10^18 Alan = 10^9 Galan = 1 NEON.
2️⃣ No inflation or deflation rates.
3️⃣ Transaction Fees: 50% go to Solana Validators and 50% to the Neon DAO Treasury.
4️⃣ NEON is an SPL token on Solana and, at the same time, is a native token on the Neon EVM (like ETH on Ethereum).
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πŸ’‘Did you know how Neon EVM works?

1️⃣ User sends signed Ethereum-like Tx (using an Ethereum-compatible wallet) to Neon RPC end-point.

2️⃣ Neon Proxy:
-) estimates gas usage for transaction execution;
-) wraps Ethereum-like Tx into Solana Tx;
-) sends it to Solana RPC, calling Neon EVM program;
-) extracts Neon EVM receipt from Solana receipt and passes it to the client.

3️⃣ Neon EVM program:
-) unwraps Ethereum-like Tx and checks user signature;
-) loads EVM state, including account data and smart contracts code, from Solana storage;
-) executes Ethereum-like Tx inside Solana BPF;
-) saves new EVM state back into Solana state.
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πŸ”₯ Here is the best contribution of the week!

πŸ—“ The mainnet date has been announced, and this tweet accumulates the energy and excitement of upcoming significant day.

The post was made by Ragnars 🀌
https://twitter.com/evgenij12138196/status/1589895912608108544
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πŸ’‘Did you know what benefits the Neon solution has?

1️⃣ No changes or additional resources are required to implement dApps on Solana.
2️⃣ No need to rewrite clients and contracts for all existing dApps.
3️⃣ Solana developers are given the opportunity to use a unique toolkit created for Ethereum and create and deploy their contracts on the Solana network.
4️⃣ Unlike Ethereum, Neon EVM can be updated at any time, which means that new functionality can be added at any time and code updates can take place simply by uploading them as a new smart contract.

12.12 πŸ‘€
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