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Velodrome to Launch on Optimism Superchain Layers Velodrome Finance, a decentralized exchange (DEX) built on the Optimism Layer 2 ecosystem, known for its unique ve(3,3) model and as the largest liquidity hub on Optimism, is expanding its influence by launching on additional Layer 2 networks within the Optimism
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Maker Introduces NewStable and NewGovToken as Part of Endgame Plan On May 4th, Maker (MKR), the project behind the long-standing decentralized stablecoin Dai (DAI), announced the launch of two new tokens as part of its Endgame Plan. This rebranding and restructuring effort aims to transform Maker's ecosystem into
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Uniswap Wallets Surge 140% Year-on-Year According to data extracted from Dune Analytics by The Block, the total number of wallets on the decentralized exchange (DEX) Uniswap has skyrocketed from 3.03 million in May 2023 to 7.26 million currently, marking a 140% increase in just one year. Uniswap Wallet
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EigenLayer has recently unveiled a new concept called "Intersubjective Staking/Forking" alongside its much-discussed token launch. This article delves into the intricacies of this novel concept. Overview Before diving into the core concept of Intersubjective Staking/Forking, it's beneficial to revisit some fundamental blockchain validation concepts:
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Aave, the leading lending protocol on Ethereum, recently unveiled its plans to launch version V4 with several notable changes aimed at enhancing user experience and expanding its reach. Key Goals of Aave V4: Today @avara, through @aave labs, published on the Aave Governance forum a new proposal aimed at introducing
![[Update] Pike Finance Hacked Twice in Just 5 Days](https://storage.ghost.io/c/34/d8/34d8d88b-9b4b-451e-ab0d-f14d3e94bbc0/content/images/size/w600/2024/07/20240427063704-b9fa3b7d-e392-476c-86de-a3e27c02991b-46.jpg)
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Pike Finance, a cross-chain lending protocol, has suffered two major hacks within just five days, resulting in millions of USD in losses. Update Morning of 01/05: On the morning of 01/05, the DeFi community on Twitter noticed unusual transactions involving the liquidity pools on Ethereum, Arbitrum, and Optimism
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EigenLayer, a leading restaking protocol, has announced the launch of its token, EIGEN, in May, along with an airdrop mechanism for users staking on the platform. EIGEN Token Details EigenLayer will have an initial total supply of 1.67 billion tokens. The Eigen Foundation will oversee the deployment of this
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The distribution share of Geth, the dominant execution client on the Ethereum network, has fallen below a critical threshold. Ethereum Client Diversity Falls Below Danger Threshold According to the latest data from Client Diversity, Geth's share of the Ethereum network has dropped to 63% and has remained at
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The restaking project Renzo, backed by Binance, has made several changes to its tokenomics in response to community criticism. Renzo Revises Tokenomics to Calm Community After facing backlash from the community, as previously reported by Coin68, Renzo - Binance's 53rd Launchpool project - has decided to adjust its
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Layer-2 solution Zircuit has attracted over $80 million in deposits in the past 24 hours, bringing its total TVL (Total Value Locked) to $2 billion just two months after its launch. In addition to staking rewards and Zircuit Points, users will also earn Points from other projects. TVL of Layer-2
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ether.fi, the liquid restaking platform on Ethereum, has recently integrated Distributed Validator Technology (DVT) from SSV Network. On its official X (formerly Twitter) account, SSV Network announced the collaboration with ether.fi to enhance the restaking project’s infrastructure stability, decentralize the network, and mitigate risks. Thrilled to announce
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On the evening of April 18th, Avail, the modular blockchain infrastructure project, officially announced the criteria for its airdrop, which spans across various categories. Avail Opens Token AVAIL Airdrop Claim for Users After much speculation about the token launch last week, Avail has finally made official announcements on the evening