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Ethereum is on the brink of a significant upgrade with the introduction of the EVM Object Format (EOF), a series of changes poised to revolutionize its programming environment. The Ethereum Virtual Machine (EVM), which powers smart contracts, is a critical component of the blockchain and a standard that many other networks follow.

EOF aims to make the EVM more developer-friendly, particularly for those building decentralized applications using Solidity or Vyper. This upgrade, part of the upcoming Pectra hard fork, is seen as the most substantial change to the EVM in years, setting the stage for future advancements.

While some developers have voiced concerns about the potential risks, such as compatibility issues and the challenges of maintaining two versions of the EVM, the consensus is that the benefits will outweigh these risks. EOF will enable more secure and efficient smart contracts, helping Ethereum maintain its leadership in the blockchain space.

As the upgrade approaches, it’s clear that Ethereum continues to innovate, ensuring that its platform remains at the forefront of the crypto industry.

OKX is pleased to announce the listing of DOGS (DOGS) on our spot trading market. Please take note of the following schedule:

1. DOGS deposits will open at 9:00 am UTC on August 14, 2024.
2. DOGS call auction will take place from 11:00 am to 12:00 pm UTC on August 20, 2024.
3. DOGS/USDT spot trading will open at 12:00 pm UTC on August 20, 2024.
4. DOGS withdrawals will open at 10:00 am UTC on August 21, 2024.

Sign up on OKX and claim the reward – 50 USDT (Link to Sign up)

Project Introduction
The image of DOGS is inspired by Spotty, a mascot created by TON founder Pavel Durov for the Telegram community, embodying its unique spirit and culture.
Asset name: Dogs
Ticker: DOGS
Contract address: https://tonviewer.com/EQCvxJy4eG8hyHBFsZ7eePxrRsUQSFE_jpptRAYBmcG_DOGS

Delivery of pre-market futures for DOGS crypto
We are pleased to announce that USDT-margined pre-market futures for DOGS will be delivered at 12:00 pm UTC on Aug 19, 2024. The details are as follows:

1. Delivery price
   1. Actual delivery price = The average index price over the last hour before delivery, calculated every 200 milliseconds (ms) (Index price = Last price every 200 milliseconds).
   2. Estimated delivery price = Rolling average index price over the last hour before delivery, calculated every 200 milliseconds (Index price = Last price every 200 milliseconds).
   3. OKX reserves the right to include prices from other exchanges as part of the index components.

2. Settlement fees

The settlement fee is 1%, subject to adjustment as announced.

3. Price limits

After pre-market contract generation:
Highest price of buy order = Average mid price of the past hour × (1 + 15%)
Lowest price of sell order = Average mid price of the past hour × (1 – 15%)

Within 60 minutes before delivery:
Highest price of buy order = Average mid price of the past hour × (1 + 5%)
Lowest price of sell order = Average mid price of the past hour × (1 – 5%)

Mid price = (Best bid price + Best ask price) / 2. Price limits are calculated every minute.

OKX will deliver futures contracts and terminate the relevant trades. Relevant orders on the order book will also be canceled after the delivery.
OKX will deliver futures contract positions at corresponding contract’s arithmetic average last traded price timed at 1 hour prior to the delivery.
If the traded price displays abnormalities in the hour preceding the delivery, OKX may adjust the final delivery price to a reasonable level for delivery.
Within the first 30 minutes after the delivery, if you hold positions greater than 10,000 USD in value in DOGSUSDT futures contracts at the time of delivery, you will be restricted from transferring assets out of your trading account.
Asset transfers will return to normal after 30 minutes. Order history and billing records will still be available after the delivery. If you need to backup your data, you may download it via Report Center on OKX web.

^{source – okx.com}

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