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Wormhole has recently announced support for cross-chain transfer mechanisms for the native version of USDT. Wormhole Supports Cross-Chain Transfer Solution for Native USDT The native version of USDT will now be supported for transfer between Ethereum and other popular EVM networks. This solution, supported by Wormhole, is in collaboration with
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The Aave community has recently published a proposal to clarify the profit-sharing issue with Spark Protocol, MakerDAO's lending product branch. Aave Continues "War" with MakerDAO Over Profit-Sharing Mechanism In a forum post on the Aave DAO on the evening of July 4, author MarcZeller highlighted MakerDAO&
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The Total Value Locked (TVL) in the Symbiotic restaking protocol has officially surpassed $1 billion, closing the gap with competitor EigenLayer. Symbiotic Reaches $1 Billion TVL Milestone Symbiotic, an ambitious restaking protocol aiming to compete with EigenLayer, hit the deposit limit of 210,600 stETH (approximately $800 million) within just
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The Total Value Locked (TVL) in Pendle Finance has decreased by over 40% in the past week after several products matured on June 27. Pendle TVL Drops Nearly $3 Billion in 7 Days According to data from DefiLlama, the DeFi protocol developed on Ethereum, Pendle Finance, saw around $3 billion
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Vitalik Buterin, the co-founder of Ethereum, recently shared his proposal for a "slot-and-epoch" model, aimed at improving the security and optimizing the interaction mechanism between Layer-1 and Layer-2. Vitalik Proposes Slot-and-Epoch Model to Enhance Layer-2 Security In his latest post, shared on his official X account on the
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In response to recent congestion issues on Layer-2, Arbitrum has announced a new transaction sorting and processing proposal called Timeboost. Arbitrum Proposes New Transaction Processing Mechanism Called Timeboost The proposal was unveiled and discussed in Arbitrum's DAO forum on the evening of June 28th. This mechanism is planned
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Cross-chain infrastructure solution Wormhole has announced a partnership with Worldcoin to introduce the World ID identification solution to the Solana ecosystem. Wormhole Partners with Worldcoin to Bring World ID Technology to Solana Network This collaboration is part of Worldcoin's Human Collective Grants program. As part of this initiative,
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Sunny Agarwal, co-founder of Osmosis, praised this proposal as a significant milestone in DAO-to-DAO transactions. Osmosis DAO Approves Proposal for Free Bitcoin Bridging with Cosmos Osmosis DAO has approved a proposal to eliminate fees for transferring Bitcoin into the Cosmos ecosystem via Nomic, addressing user difficulties. Voting Results The initiative
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solution, has allocated tokens for Phase 2 of its Season 1 airdrop event, while also hinting at the upcoming Season 2. EigenLayer Launches EIGEN Token Airdrop Season 1 Phase 2 In the early hours of June 20, the Eigen Foundation, which manages the EIGEN token, announced the official details for
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Ethena Labs introduces a mechanism for restaking ENA and sUSDe tokens through Symbiotic and LayerZero. The ENA staking pool on Symbiotic will be launched on June 26. Ethena Supports Restaking of ENA and sUSDe through LayerZero and Symbiotic On the morning of June 18, the stablecoin project Ethena announced the
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Despite the liquidation incident, founder Michael Egorov asserts that Curve Finance's lending mechanism has the potential to become the safest in the industry. Michael Egorov: "Liquidation Incident Demonstrates Curve Can Become the Safest Lending Platform" As previously reported by Coin68, Michael Egorov's stablecoin loan
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The funds deposited into Consensys' Layer-2 solution Linea have increased by over 50% in the past month. This surge is attributed to the special Points hunting campaign designed to attract DeFi users. Layer-2 Linea Achieves Significant Growth Through Linea Surge Campaign with Points Reward Model gm Lineans😎 The wait