In the meantime, check out this animation from our new ELI5 video to get a sense of what is coming. This snippet is from a video introduction that will be displayed on our splash-page. We’ve worked on these animations scene-by-scene and are pleased with the work everyone is doing to get things right.

These kinds of glossy “show off” graphics are matched by simple animations that help deliver the Saito message. This is one of the animations that explains the difference between the network economics in “Saito” and “Non-Saito” networks: you can click on the button to switch animation modes:

Should we push up the website drop date? We thought about this and decided it is better to wait. Some content like our history of blog posts are still being ported and tagged and we don’t want it to drop them offline. More importantly, mobile users will notice little things like animations not being mobile-optimised. Our stats show a majority of the people who hit our website now are visiting on mobile devices especially when we push news and updates, so this is important.

We’re expecting to be able to generate a new wave of inbound traffic and interest in Saito once we have our new site up, so don’t want to waste the opportunity to make a good impression. As we wait for this to be finished, hopefully this post makes our communications strategy clearer. Our aim is a visually slick front-end + blog supported by a text-heavy and community-editable wiki/repository. We shrink from having the 3-4 major sites to a more manageable two that are easier to maintain and update.

So that’s what’s happening behind the scenes. We will keep everyone updated on the site as we move forward. In the meantime, we’re working on some extra polish to our latest game — which is getting pushed to production this week. We look forward to getting this stuff released and have thanks as always for everyone who is helping contribute by sharing word and educating in the crypto space.

Fortunately, there are alternatives for US based SAITO holders. As always non-custodial options, where users hold their own keys, are preferred:’

Non-custodial Options

1. Trustwallet 
   Fully supports SAITO ERC20 Tokens. The Android version also supports interactions with DEXs and other features.

2. Metamask
   Metamask also supports SAITO ERC20 tokens and can be used on desktop or phone. It can also be paired with hardware wallets such as a ledger.

3. Coinbase Wallet
   Coinbase wallet supports SAITO ERC20 and has customer service in the US.

Custodial Options

Bigone, Decoin, LBank, BKEX and Hotbit Exchanges all offer SAITO Markets.

The Saito team understands the importance of major centralized exchanges in providing liquidity and on-ramps to new and existing holders. We are in discussions with major exchanges to ensure the best experience and options are available to the Saito community in all jurisdictions.

The Saito team

Despite this, we are delighted to announce that we have removed the last project provided liquidity from the BUSD/SAITO pair on Pancakeswap.

This means all revenue from liquidity provision on Pancakeswap is going directly to community members. We are grateful to everyone in the community who has stepped-up and supported SAITO this way and think the occasion is worth celebrating.

Many cryptocurrency projects create artificial rewards by dumping tokens into pools and handing them to “stakers”. At Saito we believe this lessens the value of tokens by inflating the token supply and makes it harder for the market to properly value an open network.

As outlined in our PancakeSwap Liquidity Program, we are committed to re-adding liquidity should the amount provided by our community fall. In the meantime in answer to the Telegram group favourite: “wen staking:” we are happy to note that the APY for liquidity providers on the Pancakeswap pair is currently 200%.

387,240,275 ERC Saito have been moved from the Seed and Private Round Vault for distribution to Investors. We are glad to get these tokens to our supporters and thank them for their continued contribution to Saito.

Not all funds will be vested immediately. We would kindly remind anyone who has been sent and has yet to respond to a conversion request or confirmation emails that our Terms and Conditions require active response and that distribution may be delayed. We plan to process late responses on a weekly or bi-weekly basis to prevent late submissions from creating an unnecessary processing burden on our admin.

No SAITO have been distributed for other reasons since our previous update.

Circulating Supply

Vesting disbursements resulted in an 28% increase in resulting supply.

These tokens will be held in the Saito Holding Token Vault and are included in the Circulating Supply calculations.

An update will be provided on token distribution at the next substantive change.

Treasury Safes:

Saito Private Sale Token Vault

Saito Foundation Token Vault

Saito Contributor Token Vault

Saito Holding Token Vault

Yoast SEO

Today the Saito Team announces we have added USD 250k liquidity to SAITO on PancakeSwap (BSC). Full details are further down in this post, but if you are interested in buying or selling SAITO on BSC you can do so on this pool trading pair: BUSD/SAITO. (Info). (Please review the details below before trading.)

In addition to kicking off BSC trading, we are also launching a liquidity program that will allow early holders to earn rewards from trading activity. We call this the PancakeSwap Liquidity Program. It is designed to do three things:

• provide cheaper options to buy, sell and stack SAITO
• transfer income-earning opportunities to community members
• support the BSC ecosystem

How it Works:

• Saito guarantees a minimum liquidity on Pancake Swap (BUSD 250k)
• If liquidity goes over this limit, the project will “make space” for community members. 
• Saito will sponsor creation of an official liquidity farm for community members, when volume is sufficiently high.
• Saito will ensure maximum yield for supporters by not farming any project LP tokens.

Under this program community members can add and remove liquidity at any time. Saito will monitor the pool and step in to ensure the minimum liquidity is maintained in the event of withdrawals that drop liquidity below this amount. We expect to be able to take care of any needed deposits within about 24 hours.

We hope this announcement explains why it has taken some time to finalize liquidity provision, as well as the role that our ERC20 token plays in: with the total amount of SAITO in circulation capped, we cannot unilaterally provide SAITO liquidity on all markets without sourcing it. We have been working with backend partners to ensure liquidity provision and expect the market to receive larger deposits over the next week.

We hope that our approach here signals Saito’s commitment to its community not only to openness, but also by highlighting the way in which a zero-inflation token must behave when integrating with external markets. As our ecosystem expands, we require community members and supporters to assist. We believe this requires nurturing opportunities for token-holders to benefit rather than simply co-opting them ourselves.

Participation Details

The trading pair is BUSD/SAITO. (Info)

The BEP20 SAITO token contract is: 0x3c6dad0475d3a1696b359dc04c99fd401be134da created by the anyswap bridge. Be sure to confirm this contract address before trading. We will follow up with relevant providers such as Pancake Swap and coin-market cap to get appropriate branding applied. 

A price chart and trading history is available on Dex Tools

Project Saito was added on 2021-11-19 and 2021-11-22, and test trades made to ensure function. Some further trades have been made by unknown third parties, price is tracking other platforms.

As always PancakeSwap is a DEX and users should ensure they understand fully what they are doing before committing any funds.

Obtaining BEP20 SAITO

ERC20 SAITO can be converted to BEP20 SAITO using the Anyswap Bridge.

Select which chain you wish to move to and from (Anyswap works in both directions) and select SAITO for Each.

NOTE: The SAITO will be deposited to the same address on the to (target) chain as it was received from on the from chain. 

MAKE SURE YOU HAVE READY ACCESS TO BOTH CHAINS BEFORE PROCEEDING.

If you are using Metamask this means having BSC enabled. Using Trustwallet or similar, make sure you are using a wallet mode that supports both BSC and Ethereum mainnet, or that you have both a BSC and Ethereum wallet configured from the same private key/seed phrase.

Anyswap is a decentralised platform and users should ensure they understand fully what they are doing before committing any funds.

Rust Consensus

At the end of November 2021 our Rust client should join the network. At roughly the same time we will deploy an upgraded javascript client, giving us two different software stacks that will participate in Saito Consensus. This is a real challenge with our application layer executing almost 40k transactions a day. The transition period will be brief to avoid disruptions to growth and gameplay.

Our expanding core development team will continue to focus on upgrading and testing core software during this period, iterating and refactoring to simplify our architecture, and ensure components like staking are mature enough that we will be able to guarantee token persistence within the era to come.

The most visible progress will be in the Saito Arcade, where we will release new games, and upgrade existing games with more visual polish and better gameplay. We will have at least one developer dedicated to the Saito application suite by the end of December, and are hiring to extend this work. 

The capstone feature of this era is extended “web3” support that will bring low-fee support for integrated cryptocurrencies into the Saito Arcade and all other native applications. Crypto-integration will start with communities where we have partnerships.

Marketing will continue with an emphasis on our core messages around fundamentals. Focus will be on providing expanded liquidity and trading options. This period will reach its conclusion with the end of Saito’s ERC20 token vesting, at which point we will have the zero-inflation token supply necessary for making the economic decisions that kick-off our second era.

The Dawn of Persistence

Token persistence will become a reality during this era. Staking, while having been possible for some time will begin to earn rewards and token persistence will also come into play. This could include starting with persistence for larger token deposits in the staking tables and gradually reducing our reaping threshold over time as we hit development milestones.

Transaction volume will be ramped up through crypto-by-crypto integration into our software stack. Our team will begin development of an advertising faucet and ecosystem. Token allocations for initial staking or advertising purposes will be low and non-disruptive: intended to test the economic model and provide initial support to developers rather than drive scalable economic activity and growth.

A Developer SDK will be launched enabling a switch from internal “dog-fooding” Saito infrastructure to promoting third party development and outreach activities like hackathons and incubated projects. It will be possible to run infrastructure on the network that will keep in sync with our machines across any necessary software upgrades.

Zero-inflation and growing transaction volume makes this a good time to extend coverage into larger exchanges and trading ecosystems. COVID permitting we will be more publicly engaged at conferences and other events in the blockchain industry. 

The Real Economy

We begin to scale up our incentive design to incubate a scalable real-world Saito economy. With both staking and faucet operations tested, and token persistence gradually expanding, distribution plans and curves for remaining mainnet tokens can be locked-down or a burn schedule set. 

Core development will finalize consensus variables such the burn-fee algorithm, block time and advanced features like congestion management in the light of real network conditions. The team will establish a transparent roadmap for long-term network upgrades with the community. 

In the application-space, non-project developers will have the ability to easily build and launch applications. Our advertising faucet will provide users with tokens necessary to use the network and incentivize node operators and developers to support public infrastructure. 

L2 infrastructure: transaction archives, advanced block explorers, app stores and easy deployment stacks will get serious attention. For the first time the majority of these will be run for profit by independent node operators. Users, in turn, will have simple options to choose and switch between providers.

Saito is well known and the project moves to setting the agenda and running its own events.

The Open Era

Saito is a mature open public blockchain. 

Core development work continues on advanced features like L2 EVMs and base-layer scripting support. Wallets and applications are advanced and decoupled from the nodes that deliver them. Nodes are run by diverse operators with no predominant provider. Independent software implementations will start participating in the network.

Development is increasingly external and community-based. We seek to retain leadership in technical development and advancing the protocol to provide a coordinating function as routing capacity grows.

Project-released software is likely significantly forked and funding can be considered for private-sector development for use cases that will further drive transaction volume and increase security. 

Founders and core team continue to be major supporters of the network, but work toward removing any dependence on their roles. Existing entities will be dissolved and any remaining governance moved to a Foundation, staffed by OGs from a variety of backgrounds and who understand Saito and the long term interests of the chain and consensus.

Unallocated tokens will be burned or locked-up.

The Saito Project has removed 25% of it’s liquidity on the ETH/SAITO and USDT/SAITO pairs.

This is a treasury management/balance move made possible and necessary by recent increases in the value of the SAITO token. The value of liquidity provided by the project had become significantly more than necessary to ensure smooth trading on Uniswap. It has also come to represent an outsized portion of the project’s holdings.

The project will look to deploy this liquidity in other areas that will provide value to the project and community in the near future.

He is 10 and has been learning to code, scratch at school and camp, javascript/html/css with me for a few years. We decided on 五子棋 (Gobang) – five in a row, played on a Go board, as a simple project that could result in a playable game. He had built Towers of Hannoi and Naughts and Crosses (Tic Tac Toe) in javascript before, so this seemed like a good level, and we started with a playable ‘local’ version as step one.

Design meetings were held every morning on the walk to the office and he’d code up parts during the day. It took a little over a week of very non-intensive coding to put the initial version together.

Things I learned along the way.

The game stack is not intuitive for a ten year old. Particularly the first in last out way moves are stacked up then played out took him a while to understand. This isn’t helped by there not being complex moves in such a simple game, so it can be hard to see what it’s for.

Once you have a game that can be played by two players at the same browser, it is very, very simple to move it to the Saito game engine. You need to add a way to record the state of the game (simple if you already had it in a single object) and work out what needs to be sent to opponents as part of each move. Putting this onto the chain and broadcasting it, receiving it and playing out the moves, is… child’s play.

To a kid, maths is more intuitive than nested loops. Set the problem of assigning a row and column value to each cell on the board, the solution was:

Loop through all the cells, and determine the row and column from the ordinal using equations:

           // Set the row as the total divided by the side length rounded up.

           cell.sets.row = Math.ceil(n / x);

           // Set the column as the cell id mod side length.

           cell.sets.col = ((n – 1) % x) + 1;

 Rather than, what I think would be every coder’s instinct: to loop through the rows, and have a nested loop for the columns.

We will probably pretty the game up some, and will definitely take feedback from the community on features and changes, but we’ll have it up, playable in it’s ‘unvarnished’ state for a while.

I have also made an effort to comment up the code as a simple tutorial, something that should explain all the things we bumped into that might help someone building a game on Saito for the first time. These are mostly about handling p2p and the lack of a server.

You can try Wuziqi now on the Saito Arcade.  Enjoy.

Liquidity ownership will be migrated from the existing wallet (0x7cef1f635c41e5a80946adac6724532026cc5285) to a multisig vault to improve security and better support future migration to Uniswap V3 and conform with project policy.

The project will move the liquidy over several transactions. Total liquidity in the pool provided by the project should not fall below current levels at any point.

Follow our telegram and twitter channels for regular project information.

First Impressions

The first thing anyone expecting a cloud deployment and management dashboard will notice is the need to connect up metamask. As soon as you have done that, connected it up and gotten some STACK, it starts to become clear what the guys have accomplished. A proper decentralised hosting option. There is never a need to provide identity, or log in with permissioned credentials. Everything is mediated by signing with your keys via metamask. Everything is paid for via STACK tokens.

How it works

The StackOS dashboard is definitely pretty and is simple enough to use. I had some issues that stemmed from me overthinking things, expecting more complexity than there was.

To get started you need to select CPU, RAM, Storage and Bandwidth allocations, and charge your wallet with enough STACK to pay the monthly fee and sign them over to pay. (Don’t forget you will need gas on the relevant chain in your metamask. This threw me at first, but demonstrated again, that I was in charge here and committing required an on-chain transaction.

The system is container based, load balancing, dns and other tools you’d expect are built in. It will be really interesting to see a community grow around this, and how they start pushing the edges of what the team imagined.

Right now it’s possible to spin up an existing container from the ‘app store’, or pull a public or private one in from the cloud.

I decided to use the standard WordPress container to host a one page website for an up coming Saito community activity. It took a few moments for things to deploy and I was greeted with the WordPress language selection page, filled in the basic data and was in with a new website.

Conclusions

There were some rough edges that the StackOS team helped me with. But experiencing a permissionless version of something I use permissioned every day was really exciting.

We are looking forward to working with StackOS to make various Saito tools available in their app store for simple deployment, and I will be keeping an eye on StackOS offerings as a partner project and as a system administrator.

For more updates, please do follow Saito’s official social media pages:
Twitter: https://twitter.com/SaitoOfficial
Telegram: https://t.me/SaitoIOann
Blog: https://org.saito.tech/blog
Discord: https://discord.com/invite/HjTFh9Tfec
Reddit: https://www.reddit.com/r/SaitoIO/
Youtube: https://www.youtube.com/channel/UCRUhZVAUH4JyWUFmxm5P6dQ