# Taraxa Progress Update: August, 2024

By [Taraxa Project](https://paragraph.com/@taraxa-project) · 2024-09-08

---

**State of the network as of September 2, 2024:**
-------------------------------------------------

*   2.1 billion TARA staked and delegated
    
*   66 active consensus nodes on the Mainnet
    
*   2,384 active consensus nodes on the Testnet
    
*   13,182 unique wallet addresses on the Mainnet
    

**Ecosystem Highlights:**
-------------------------

*   Taraxa’s Ficus Root Bridge successfully launched in August, 2024! This enables cross-chain transfers of assets, data, and enables subGraphs in the future on Taraxa!
    

![](https://storage.googleapis.com/papyrus_images/7156bb0ea96285fb8e10b8ba85ea0f2d0d688b49e16c08ae2a0dd75779372649.png)

*   Taraxa’s Ficus Root Bridge’s audit report by Trail of Bits was published, giving the community full transparency into the security guarantees of the bridge.
    

![](https://storage.googleapis.com/papyrus_images/46660e7519bdd59f6be7c9291e8f6124521bec5b7b8287396c216336afbe49c8.png)

*   Taraxa completed its rebranding, bringing with it not just a new logo but a modernized look & feel to help enhance user experiences in the Taraxa community.
    

![](https://storage.googleapis.com/papyrus_images/4abea92e75e67290764fb941e284efd103dfb996cfe18a0ad99a1498a29c0229.png)

*   LARA, a liquid staking Taraxa ecosystem project, completed its very successful pre-sale in August, 2024, and launched its first trading pair on HerbSwap. The liquid staking protocol will become functional very soon!
    

![](https://storage.googleapis.com/papyrus_images/56c48e1fa03e0b91a4fe7da00ef7844ee7da1be83829c9753f1d0163144c4a41.png)

*   TradingStrategy enters the Taraxa ecosystem by partnering with trendSpotter — a set of automated trading strategies built on top of Echo — by providing access to assets on DEXs across numerous decentralized ecosystems, check out the AMA recording.
    

![](https://storage.googleapis.com/papyrus_images/3364c99170076dbc7b41452594c5138413d226a50580e613c1fe0f1141c619c1.png)

*   FusySwap, a DEX in the Taraxa ecosystem, launched in August, 2024 with v2 Uniswap pools and an ERC-20 launchpad. They’re currently working to optimize their front-end user experience, but feel free to check them out!
    

![](https://storage.googleapis.com/papyrus_images/040964ffe3631b07db39f570c6c6ac2377593617a710061facdfb89aca973879.webp)

**🪁 Keeping up with the latest in Taraxa**
-------------------------------------------

*   [Live staking & delegation](https://taraxa.io/stake/)
    
*   [Live network & dev stats](https://taraxa.io/run_node/)
    
*   [Live dev updates](https://twitter.com/hashtag/taraxa_quick_update?src=hashtag_click&f=live)
    

Stay tuned! 🪁

[**Twitter**](http://taraxa.io/twitter) **|** [**Discord**](https://www.taraxa.io/discord) **|** [**Telegram**](https://www.taraxa.io/telegram) **|** [**Blog**](https://taraxa.io/blog) **|** [**Website**](https://taraxa.io/)

---

*Originally published on [Taraxa Project](https://paragraph.com/@taraxa-project/taraxa-progress-update-august-2024)*