STEEM EVM Update: 196K Blocks, Final Day for Validator Rewards & Network Health

in Steem Dev7 days ago (edited)

Note: Upvoting and resteeming this post directly motivates me to continue building and improving the Steem Virtual Machine ecosystem. Your support is greatly appreciated!

Today is July 31st, marking the final day for validators to join the Steem Virtual Machine (SVM) testnet and qualify for the 5,000,000 SHERPA genesis reward distribution. With only 24 hours remaining until the August 1st deadline, this is your last opportunity to secure an equal share of the reward pool.

Previous Updates


🚨 Final Call: Join Before August 1st

The SVM validator set is permissionless, meaning anyone with the technical resources can join immediately without approval. The setup process is straightforward and well-documented.

💰 Genesis Reward: 5M SHERPA Pool

All validators who are active on the network prior to August 1, 2026 will receive an equal share of the 5,000,000 SHERPA token bucket upon the transition to the Live Public Network.

Setup Instructions:
Follow the step-by-step guide here:
GitHub: SteemVirtualMachine-EVM Instructions

If you encounter any issues during setup, our community in Discord is ready to help:
Discord: https://discord.gg/xAtjgbm8Tr


Network Health & Statistics

The blockchain continues to operate flawlessly, demonstrating high stability and consistent performance as we approach the mainnet transition phase.

Current Network Stats:

  • Total Blocks Produced: 196,000+
  • Total Transactions: 935
  • Registered Addresses: 79
  • Average Daily Transactions: ~53
  • Active Validators: 11+

The steady growth in registered addresses and transaction volume indicates that the community is actively testing the DeFi suite, governance features, and bridging capabilities.


Current Validator Set

A huge thank you to all current validators for their uptime and dedication to securing the testnet:

  1. @blaze.apps
  2. @upex
  3. @cur8
  4. @blazed007
  5. @steem-agora.evm
  6. @xpilar.witness
  7. @yasu
  8. @dhaka.witness
  9. @happycapital
  10. @steem-space
  11. @luxalok

How to Connect & Participate

To start interacting with the SVM or setting up your wallet:


Community Engagement

As we enter the final hours before the deadline:

  1. Run a Node: Don't miss out on the 5M SHERPA reward. Set up your node today!
  2. Test the Network: Continue using the SVM App for swaps, sUSD minting, and governance voting.
  3. Witness Support: Your vote supports the ongoing development and infrastructure costs of the SVM.

If you value proactive engineering, UX polish, and performance optimizations for the STEEM ecosystem, please consider supporting my witness: blaze.apps

Vote for blaze.apps Witness