Neon EVM Announcements
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๐Ÿ’ก 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:

๐Ÿ”— 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.

๐Ÿ“‘ 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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๐Ÿ’ก Did you know what parameters the NEON token includes?

1๏ธโƒฃ It can be divided into Alans, where 10^18 Alan = 10^9 Galan = 1 NEON.
2๏ธโƒฃ No inflation or deflation rates.
3๏ธโƒฃ Transaction Fees: 50% go to Solana Validators and 50% to the Neon DAO Treasury.
4๏ธโƒฃ 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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๐Ÿ’กDid you know how Neon EVM works?

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

2๏ธโƒฃ 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.

3๏ธโƒฃ 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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๐Ÿ”ฅ Here is the best contribution of the week!

๐Ÿ—“ The mainnet date has been announced, and this tweet accumulates the energy and excitement of upcoming significant day.

The post was made by Ragnars ๐ŸคŒ
https://twitter.com/evgenij12138196/status/1589895912608108544
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๐Ÿ’กDid you know what benefits the Neon solution has?

1๏ธโƒฃ No changes or additional resources are required to implement dApps on Solana.
2๏ธโƒฃ No need to rewrite clients and contracts for all existing dApps.
3๏ธโƒฃ Solana developers are given the opportunity to use a unique toolkit created for Ethereum and create and deploy their contracts on the Solana network.
4๏ธโƒฃ 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 ๐Ÿ‘€
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๐Ÿ’ก Did you know how payments in the Neon EVM occur?

๐Ÿ’ฐOn a high level, gas fee payments in the Neon EVM work as follows:
1) The User pays for each transaction in NEON tokens to the Proxy Operator.
2) The Proxy Operator then pays the Solana Validator and the DAO Treasury.

๐Ÿ“Š As depicted in the diagram, users of dApps built on the Neon EVM pay in NEON tokens for all the resources they consume, in addition to operator fees that differ between operators.

๐Ÿ‘จโ€๐Ÿ”ง Operators, however, use SOL to pay for the resources they consume. Specifically, operators pay Solana validators and governance fees in SOL. Operators pay the same amount for governance as they pay to Solana validators (for the signature validation).
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Whatโ€™s good, Dubai! ๐Ÿ‡ฆ๐Ÿ‡ช

Word on the street is the Neon team is on their way to attend the Web3Dubai conference โœˆ๏ธ

If youโ€™re nearby, make sure to drop in and say hi ๐Ÿ‘‹
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๐Ÿ’กDid you know what duties of a Proxy Operator are?

1๏ธโƒฃ Configuring a proxy server to perform the following operations:
-) Receiving requests over Web3 API protocol.
-) Shaping responses using Web3 API protocol.
-) Converting transactions to the Solana format.
2๏ธโƒฃ Connecting a proxy server to a Solana cluster RPC endpoint.
3๏ธโƒฃ Successfully executing transactions.

๐Ÿ–ฅ All operations related to the execution of transactions on Solana are performed by the software installed on your node.

The Neon EVM will have 2 Operators on mainnet launch (12.12)
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๐Ÿ’กDid you know how accounts' data is stored?

๐Ÿ“ฅ Itโ€™s Solana that stores account data. The Neon EVM has access to this storage, and uses the account data. After an account is registered in Solana, the account data is placed in this storage. Ethereum accounts are also stored here, but in the Solana representation

๐Ÿ‘ฅ For each Ethereum address there is a corresponding account in the Solana representation. A contract code is placed in a corresponding account of this storage.

๐Ÿ“ค Neon EVM interacts with a set of data that is stored on Solana's accounts. The Neon EVM can take a contract code from there using the corresponding account address to validate a transaction.
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๐Ÿง‘โ€๐Ÿ’ป Dear developers, did you know that tomorrow at 6AM UTC we will restart Neon EVM on Solana devnet & testnet?

๐Ÿ—„ The restart is related to upgrading the contract storage to optimize the number of BPF instructions required to access the cell.

๐Ÿงน During the restart process, the NEON_SEED_VERSION value will be changed, deleting all accounts and deployed contracts, and clearing the transaction history.
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๐Ÿ’กDid you know that the Neon EVM consists of two parts?

โ€ขThe EVM contract (A Solana program that manages Ethereum contracts and saves data into Solana accounts.)
โ€ขThe Proxy server (A proxy that converts Ethereum-like transactions into Solana transactions, and then sends them to the EVM program within Solana for processing.)

Learn about Neon EVMโ€™s scalability and its synthetic tests here๐Ÿ‘‡

https://medium.com/neon-labs/neon-synthetic-load-test-report-d53212711556
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๐Ÿ’กDid you know that Neon DAO organized as a series of decentralized Assemblies that are grouped into three focus areas?

๐Ÿ‘ฅ The Ecosystem Focus Area contains the Assemblies responsible for the promotion of Neon community initiatives and incentivizing long-term ecosystem growth.

๐Ÿ”ง The Development Focus Area contains the Assembly responsible for the technical aspects of the Neon EVM.

๐Ÿ›ก The Security Focus Area contains the Assemblies responsible for monitoring activity in the other two Focus Areas to stop malicious actors attempting to exploit the Neon DAO.

For more details on Neon's DAO Organization, the differences and use casr examples, see the Neon Governance Overview.
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๐Ÿ’กDid you know that โ€‹โ€‹Neon EVM facilitates the usage of Ethereum tooling by dApp developers to scale and access liquidity on Solana?

๐Ÿ— Neon EVM offers Ethereum ecosystem dApp developers increased throughput and swift block time on Solana, with low gas prices and no need for changing code โ€“ anyone can run Ethereum contracts on Solana with Neon EVM.

Check out the Neon Ecosystem!
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๐Ÿ’กDid you know that Neon is hiring?

๐Ÿ‘ฅ Join Neon and become a member of our fast-growing startup. Help us shape the future of blockchain and Web3.

Check out the career page for open positions!
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Hi, everyone! ๐Ÿ‘‹

On November 7th, we announced that the mainnet of Neon EVM will be launched by Neon Foundation today, Dec 12, 2022. This is the culmination of significant development efforts, so we are happy to share that the platform's technical readiness is 100% complete, but the Neon EVM is not fully operational yet and we wanted to share the reasons why ๐Ÿ‘‡

https://neonlabsorg.medium.com/neon-evms-mainnet-launch-community-update-eeef3aea02a2

Thank you for your constant support. We are almost there, and we are going to make it only together ๐Ÿ™Œ
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Apply today for the Early Builders Program and be a part of the Neon EVMโ€™s mission to revolutionize blockchain technology.

https://neonfoundation.io/early-builders

#NeonEVM #Solana #Ethererum
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Curious about the latest developments in blockchain technology? Take a peek into the activity on Neon EVM's closed beta on Solana using Blockscout's block explorer. Get a front-row seat to witness the future in action! ๐Ÿ” Explore now:

Please note this address will change when we go public on Solana.

https://neon-shadow-mainnet.blockscout.com/
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๐Ÿ“ข Neon EVM Early Builders Program Announcement
Attention all blockchain enthusiasts and innovators! ๐ŸŒโœจ We are thrilled to announce the launch of the Neon EVM Early Builders Program, an exclusive opportunity to be at the forefront of revolutionizing blockchain technology. ๐Ÿš€

๐Ÿ”ฎ Join the Early Builders Program and embark on a groundbreaking journey to shape the future of the industry. Whether you're a developer, entrepreneur, or blockchain enthusiast, this program is designed to empower you with the tools, resources, and support you need to bring your ideas to life.

๐Ÿ’ฅ This is your chance to make a lasting impact on the blockchain ecosystem and drive innovation forward. Apply today and be a part of the mission to revolutionize blockchain technology! ๐ŸŒ๐Ÿš€

๐Ÿ”— To apply, visit: https://neonfoundation.io/early-builders

๐Ÿ” Help us spread the word by using the hashtags: #NeonEVM #Solana #Ethereum

Don't miss out on this incredible opportunity to be a pioneer in the Neon EVM revolution! ๐Ÿ™Œโœจ Apply now and let's shape the future together! ๐Ÿš€๐ŸŒŸ
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Big News! Neon EVM Token Generation Event (TGE) Complete! ๐Ÿš€๐ŸŽ‰
We're thrilled to announce that the NEON Token Generation Event (TGE) is now complete! Thank you to all our incredible supporters who made this milestone possible.

To learn more about Neon EVM and the token allocation, read the detailed overview here:
https://medium.com/@neon_evm/neon-tge-and-token-allocation-45a063183087
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๐Ÿ“ข Neon EVM Awards Grant to Sobal for Balancer Fork

We're thrilled to announce that Neon EVM has granted funding to the Sobal team to develop and deploy a Balancer fork on the Neon EVM ecosystem. This collaboration aims to bring the popular DeFi liquidity protocol, Balancer, to Solana's Mainnet through the Sobal project.

Balancer is an established DeFi protocol with over 250K liquidity providers and nearly $100M available to pools on Ethereum and its sidechains. Sobal, the Balancer V2 fork deployed on Neon EVM, will undergo testing on Solana Mainnet's closed beta.

Sobal's vision is to become the top liquidity protocol on Neon EVM, bridging the gap between Ethereum and Solana ecosystems. The team plans to establish synergies with the Balancer DAO for further development. Successful implementation and community satisfaction may lead Sobal to be recognized as a Balancer Friendly Fork.

Neon EVM, deployed on Solana Mainnet, is currently in closed beta. Developers interested in building dApps and infrastructure for Neon EVM can join the Early Builders Program, with successful projects receiving incentives in NEON tokens.

Stay connected with the Neon EVM community by following us on Twitter and joining our Discord channel.

Exciting times ahead as we bring Balancer's capabilities to Neon EVM with the Sobal project. Together, we aim to create a robust DeFi ecosystem and push forward the growth of Neon EVM.

Read more about it here:

https://medium.com/@neon_evm/neon-evm-ecosystem-growth-with-sobal-b12fe2f2ddc1
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๐ŸŽ‰ Neon EVM's Action-Packed Week in Paris, France! ๐Ÿ‡ซ๐Ÿ‡ท

Hey everyone,

We are thrilled to announce that the Neon EVM Team is in Paris for an eventful week packed with exciting engagements! We'll be participating in three major events: EthCC, L2 meetup, and ETH Paris. Here's a rundown of what's in store:

๐Ÿ“… July 18: Prepare for an insightful L2 meetup session, as one of our esteemed Neon EVM software contributors takes the stage to share their expertise. You won't want to miss this opportunity to learn more about our groundbreaking software.

๐Ÿ“… July 19: Join us during Solana Day for an immersive workshop! We'll dive deep into the intricacies of Neon EVM and showcase the immense potential it holds. Plus, mark your calendars for an epic party co-hosted by Neon EVM, 1inch, and zkSync at 8 PM. Get ready to celebrate innovation, collaboration, and success!

๐Ÿ“… July 19-20: Swing by our project's booth at EthCC! We'll be available on both days to answer your questions, provide demos, and engage in meaningful discussions about the future of blockchain technology and the Neon EVM project. Don't forget to drop by!

๐Ÿ“… July 21: Calling all hackathon enthusiasts! We have an exclusive workshop planned just for you. Join us to learn how to leverage the power of Neon EVM and enhance your hacking skills. Get ready to unleash your creativity and build something incredible!

The Neon EVM Team is beyond excited to connect with the vibrant community in Paris and share our vision for a decentralized future. Make sure to catch us at these events and take advantage of this unique opportunity to explore the limitless possibilities of Neon EVM.

See you there!

Best regards,
Neon EVM Team

https://neonevm.org/events
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