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Layer-2 and Layer-3 solutions built on Arbitrum Orbit can now leverage Celestia's Blobstream to reduce transaction costs. Celestia Deploys Blobstream Solution on Arbitrum Orbit On the evening of April 2, modular blockchain Celestia (TIA) announced the deployment of its data availability solution, Blobstream, on Arbitrum Orbit. Arbitrum Orbit
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On the evening of April 2, the DeFi community was abuzz with the brewing conflict between Aave and MakerDAO, two of the leading lending protocols in the market, each developing its own stablecoin. Aave Declares War on MakerDAO Over Ethena and USDe Stablecoin The first major move came from Marc
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MakerDAO believes that utilizing DAI to support USDe and sUSDe will open up more DeFi opportunities for users. According to a proposal posted on April 1st, the MakerDAO community is considering allocating an additional 600 million USD in stablecoin DAI to the liquidity pool of Ethena’s stablecoin USDe and
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In anticipation of the ENA governance token release, Ethena has unveiled the reward criteria for Season 2, dubbed the Sats Campaign. Ethena, known for its innovative Delta-Hedging strategy, has captured significant attention since its inception. Today, April 2, marks the airdrop of 750 million ENA tokens and their listing on
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Lido's Share of Staked ETH Drops Below 30% The proportion of ETH staked through Lido Finance has fallen below the 30% threshold at the beginning of this week. According to the latest on-chain data from Hildobby, the staking share through Lido has decreased to 29.5%. The last
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With the rapid development of Layer-2 solutions, it can be confusing to categorize and rank these networks in your portfolio. Today, we'll explore the concept of Stages, a reference scale introduced by Vitalik Buterin in a blog post in November 2022, to better understand the development phases of
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In a move to reduce its reliance on its native UNI token amid plans to activate a fee-sharing feature for users, Uniswap, the largest DEX on Ethereum, is looking to diversify its treasury. Uniswap’s treasury was established when the DEX launched its UNI token in September 2020, with 43%
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Ethena Labs, the issuer of decentralized stablecoin USDe collateralized by ETH, has announced an upcoming token distribution event. They will airdrop 750 million governance tokens, ENA, on April 2nd. Specifically, Ethena Labs will distribute 750 million ENA tokens to holders of shards—reward points that the project has been implementing
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On the early morning of March 28, Ethereum encountered yet another hiccup in block verification. However, the issue was swiftly resolved, and the network has returned to normal operation. Community reports on social media platform X highlighted that during a brief period, the rate of missed Slot/Block verifications spiked
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On the evening of March 28, Prisma Finance confirmed via their X account that their lending and stablecoin protocol had been compromised. The team has temporarily halted protocol operations and is conducting an investigation into the incident. Additionally, Prisma has advised users who interacted with Liquid Staking Token and Liquid
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Following Ethereum's upgrade to Dencun and the integration of EIP-4844 proposals, transaction activities on Layer-2 networks have surged dramatically. However, limitations related to transaction fees have prompted Base to announce a solution to cope with these challenges. In its latest update, Layer-2 Base reported that since the integration
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On March 22, Frax Finance founder Sam Kazemian announced a governance proposal on the project's forum outlining the development roadmap until 2026, with the immediate plan to propose fee sharing for FXS token holders. Kazemian highlighted that the deployment of Fraxtal layer-2 in early March marked a new