# What's new in TF Grid 3.0.1 – and the path to mainnet! **URL:** \ **Category:** ThreeFold Technology\ **Created:** [November 18, 2021, 11:37am UTC](https://forum.threefold.io/t/whats-new-in-tf-grid-3-0-1-and-the-path-to-mainnet/1488 "2021-11-18T11:37:42Z")\ **Posts on this page:** 4\ **Page:** 1
**Author:** ![gosam](https://forum.threefold.io/user_avatar/forum.threefold.io/gosam/32/32_2.png) [@gosam](https://forum.threefold.io/u/gosam)\ **Post date:** [November 18, 2021, 11:37am UTC](https://forum.threefold.io/t/whats-new-in-tf-grid-3-0-1-and-the-path-to-mainnet/1488/1 "2021-11-18T11:37:42Z")
Dear Community, We are now for some months in testing mode on our TFGrid 3.x release and we’ve got some updates for you! **Thank you testers and farmers for your time & feedback – the following were some of your requests:** - Create a better web-based farming calculator (like a widget). - The information around farming rewards is not good enough, it’s too complicated. - Introduce staking for people to run validator nodes and get rewarded for it. - Introduce delegated staking – this means that even if you don’t want to run a validator you can delegate your stake to a validator and be part of the rewards that way. - Introduce more governance features on the blockchain itself. - The manual needs to be improved. - A User Interface would be nice, so more people can use the Grid 3.x. - Make it easier to buy TFT. - More consistent DNS names for all ThreeFold services. Here is what we’ve been working on: **TFGrid 3.0.1 new release (devnet and testnet):** - An admin portal on top of our TF Grid blockchain (called TF Chain): see [http://portal.grid.tf](http://portal.grid.tf). - Weblets allow anyone to create web-based widgets and deploy solutions on top of the ThreeFold Grid with 100% decentralization and a nicer UI experience. - First Weblets created for VM’s, Kubernetes, Caprover, … - A Weblet playground makes it easy for people to play around. - Integration with Polkadot extension in chrome. - A better explorer interface. - [http://gettft.com/](http://gettft.com/) website, make it easy for people to buy TFT. - Many small improvements and bug fixes. **TF Grid improvements suggested for 3.x farming model & web based widget:** - The farming reward does no longer start from a minimum price of 0.1 USD per TFT, this leads to potential higher farming reward. - The burning default will be 35% to reduce the circulating supply every time usage happens. In case of too much burning happening in the token economy, it can be lowered to 25% once consensus is achieved on the TF DAO (more on this below). - Farmers will now only receive TFT for farming, making the reward calculation simple and seamless. This also stresses the utility token aspect of TFT. - We have created a web-based widget to simplify the calculation of TFT farming rewards. This widget can be included in any website. - We reviewed and simplified the threefold knowledgebase (wiki), explore it [here](https://library.threefold.me/info/threefold#/tfgrid/farming/threefold__farming_reward). _Please note the TFGrid 3.x TFT Minting model will only be activated for 3.x farmers and on 3.1 mainnet._ **TF Chain 3.1 Validator Nodes** - The mainnet blockchain of TF Grid 3 will be running blockchain validator nodes hosted by the community. For that we have introduced rewards for running validator nodes. - 5% of the TFT used in the utilization of the ThreeFold Grid will be rewarded to the staking pool of validator nodes. - Our manual will have instructions on how to run a validator node very soon. - It will be a delegate proof of stake model, so you can even stake without having to run your own node. **TF Chain 3.2 will be a DAO = The ThreeFold DAO** - We are using Parity Substrate as a blockchain layer for our TF Chain. We want to run our governance around the TF Grid as a DAO (Decentralized Autonomous Organization). - The Substrate blockchain has enough features to fully decentralize every aspect of the ThreeFold Grid. Our plan is that 100% of our governance is governed by the TF Chain. - On the TFT chain we support Binance Smart Chain, Stellar, and we plan on supporting Cosmos and other chains as well in the future. **What do we still need to do for mainnet** - Staking support on the Blockchain layer (a long-requested feature) - Better manuals & tutorials - More QA (Quality Assurance) tests - Minting support for 3.1 in TF Chain (our blockchain) - Upgrade path for Farmers from 2.0 to 3.1 (needs to be easy) - Approval by Wisdom Council for DAO mechanism and minting mechanism in TF Chain. **Help us get there faster** - Help us to test Grid 3.0.1 - We are looking for people who have time and like to: - TFT Grants - ThreeFold Foundation has grants available for the above-mentioned projects. We’re moving fast and look forward to bringing this exciting 3rd release to mainnet soon. Many thanks from the entire ThreeFold Team! ---
**Author:** ![Mik](https://forum.threefold.io/user_avatar/forum.threefold.io/mik/32/981_2.png) [@Mik](https://forum.threefold.io/u/Mik)\ **Post date:** [November 22, 2021, 3:05am UTC](https://forum.threefold.io/t/whats-new-in-tf-grid-3-0-1-and-the-path-to-mainnet/1488/2 "2021-11-22T03:05:16Z")
Thanks for this **great post**. That is quite some news! Is there any way to have more information on staking and running validator nodes? For example, will there be a minimum quantity of TFT to have in order to run validator nodes? And if so, do you have any idea what would be that quantity? Thank you. ---
**Author:** ![gosam](https://forum.threefold.io/user_avatar/forum.threefold.io/gosam/32/32_2.png) [@gosam](https://forum.threefold.io/u/gosam)\ **Post date:** [November 22, 2021, 3:45pm UTC](https://forum.threefold.io/t/whats-new-in-tf-grid-3-0-1-and-the-path-to-mainnet/1488/3 "2021-11-22T15:45:23Z")
Thank you! Yes, quite a lot going on. Team is working on a staking pool for validator nodes. Nothing more for now, but we’ll continue to share as we have progress. ---
**Author:** ![Mik](https://forum.threefold.io/user_avatar/forum.threefold.io/mik/32/981_2.png) [@Mik](https://forum.threefold.io/u/Mik)\ **Post date:** [June 25, 2024, 4:06pm UTC](https://forum.threefold.io/t/whats-new-in-tf-grid-3-0-1-and-the-path-to-mainnet/1488/4 "2024-06-25T16:06:31Z")