2nd Compute Reward Transaction Will Happen Around 2:00 A.M. UTC on Feb 21st

Phala Network Feb 20 · 2 min read Gemini was launched 8/4/2022. Since then, Phala’s team have moved a year’s worth of rewards from the locked mining subsidy reservation on Ethereum to the Khala subsidy pool. Nearly a year has passed, and the balance in the Khala subsidy pool is now almost exhausted. Motion #175 … Read more

1st Halving Period Will Happen on #2,763,069 Khala Block Height Since Gemini Upgrade

Phala Network Nov 7 · 3 min read Phala (Phala&Khala) launched the Gemini Tokenomics at Khala block height #1,467,069 (04/08/2022, UTC+0). This means that the calculation of compute rewards (CR) does not distinguish between Phala or Khala Networks, sharing 70% of the reward pool. As discussed in Gemini tokenomics, the supply of $PHA rewards will … Read more

SubBridge Opens A Two-way HRMP Channel Between Khala and Shiden

Phala Network Nov 7 · 2 min read SubBridge opens a two-way HRMP channel between Khala and Shiden. You can transfer SDN to Khala chain now. Shiden Network is a multi-chain decentralized application layer on Kusama. This collaboration marks the 11th cross-chain asset that joins the router that Phala independently developed and builds a potential … Read more

ANN | SubBridge Launches on Phala Network, Leveraging the Interoperability Between Polkadot…

Phala Network Sep 1 · 2 min read SubBridge has progressed to the next stage: the two-way transfer from Phala to Ethereum is officially live now. https://subbridge.io/ Now, you can swap PHA to Ethereum in a decentralized way with no fee beyond an Ethereum transaction fee. Reverse transfer can also be achieved (That is, you … Read more