Star Project Weekly | Polygon launched the "Supernet" chain; Akutars permanently locked 11539 ETH due to contract bugs (4.18-4.24)
During the week from April 18th to April 24th, the events worthy of attention in the progress of star projects include:Cosmos EVM network Evmos plans to come back online on April 26；Optimism, the second-layer expansion network of Ethereum, may launch Token OP soon；Polygon Launches "Supernet" Chain；MakerDAO will be deployed to StarkNet in stages, and a simple cross-chain bridge will be launched on April 28；dYdX will launch dYdX V4 by the end of 2022 to achieve full decentralization；Coinbase NFT Marketplace Beta Launches；The NFT project Akutars contract permanently locks 11539 ETH, the official is investigating the reason；NBA playoff dynamic NFT The Association will increase its circulation to 30,000 pieces。
Bottom layer - public chain
Bottom layer - public chain
Cosmos EVM network Evmos plans to come back online on April 26
According to the Cosmos EVM network Evmos official community news, Evmos plans to re-launch on April 26, which will be divided into three parts: first produce blocks, Evmos Token shut down inflation, and conduct governance voting (no staking rewards, and cannot participate in staking , last for one to two days); secondly, open airdrop claim (for five days); finally enable staking rewards (start inflation). After these three parts, the normal use of the blockchain can be resumed.
The EOS Network Foundation held the EOS EVM launch event on Twitter Space. Yves La Rose, the founder and CEO of the EOS Network Foundation, announced the official release of the new official EOS EVM platform Trust and operated it as an independent project. In the near future, TrustEVM will officially open the developer preview version.
Yves also pointed out that a token called EVM will be issued in the future to encourage the development of EOS DeFi, further complete the diversification of the ecology, reduce the dependence of ENF's operating expenses on the inflation of EOS network tokens, and help create a more successful business and value closed loop.
The EOS Network Foundation is a non-profit organization that aims to listen to the voice of the community, convey the wishes of the community, and support the development of high-quality projects in the community. It will become an information sharing bridge for the EOS community and provide funds, technology, operations, future planning, Key infrastructure support such as ecological construction will further develop the full potential of EOS as the world's high-performance governance blockchain.
Kava 10 mainnet launch expected on May 10
According to official news, Kava Network's Cosmos and Ethereum co-chain is officially ready to enter the critical period before the release. The Kava 10 mainnet is expected to launch on May 10.
Algorand to Deploy First Smart Contract to Offset Carbon Emissions
Blockchain company Algorand has announced that it will deploy the first smart contract to automatically offset carbon emissions. The smart contract automatically allocates a portion of each transaction fee to offset its carbon emissions. (PR Newswire)
Monero (XMR) to Hard Fork on July 16th
The Monero (XMR) community reached a consensus on a hard fork on July 16, which will start the main network hard fork at block height 2,668,888, including increasing the size of the current Monero ring signature from 11 To 16, add view labels in the output to reduce wallet scan time, implement fee changes, etc. The purpose of increasing the number of ring signatures is to ensure that the transaction has a larger anonymity set, making it more difficult to reverse the source of the transaction. The zero-knowledge proof system Bulletproofs will be used for Monero’s range proofs. This function will Faster encryption and verification on the blockchain. (Cointelegraph)
Nervos CKB will undergo a mainnet upgrade in May, and the new mainnet will be named Mirana
The CKB mainnet will undergo a comprehensive upgrade at epoch #5414 (estimated at 01:00 UTC on May 10, 2022). This is the first major network upgrade since the CKB mainnet went live. After the upgrade, the CKB main network will have more new features, including encryption-friendly instruction sets, virtual machine version control, scalable block headers and new cryptography standards, to further improve network efficiency, performance and smart contracts. composability.
Bottom-Layer2
Bottom-Layer2
Optimism, the second-layer expansion network of Ethereum, may launch Token OP soon
News Optimism, the second-tier expansion network of Ethereum, published "A New Chapter", reviewing past progress, network achievements, financing information, etc., and said that it will open a new chapter driven by "community ownership and governance", and more information will be released soon. According to community speculation and the official roadmap, Optimism may launch Token OP soon.
According to official information, Optimism has helped users save more than US$1.1 billion in gas costs, deployed more than 6,800 contracts, facilitated a transaction volume of more than US$17.4 billion, and generated more than US$24.5 million in revenue.
Polygon Launches 'Supernet' Chain, Pledges $100M to Web3 Developers to Boost Adoption
Ethereum scaling solution Polygon has launched a new network for Web3 development, promising $100 million to early adopters to help them adopt quickly.
The Polygon Supernet chain enables developers to build their projects in a customizable environment without hosting or operating costs, the company announced Friday. Developers will be able to deploy their projects on either the Supernet Sovereign Chain or the Supernet Shared Security Chain, the former being managed by a single validator, reducing maintenance costs, and the latter providing an easier path to decentralization allowing for professional verification Participants validate the network by staking MATIC tokens.
Although Supernet relies on Polygon Edge, a development framework for creating and deploying its own blockchain projects, they go beyond the initial scope of the platform by providing more security and decentralization features. To further promote Supernet, Polygon plans to allocate $100 million to developers. (Cointelegraph)
Stripe Announces It Will Trial Crypto Payments on Twitter Using Polygon Network
The online payment service provider Stripe announced that it will use the Ethereum expansion program Polygon to trial encrypted payments on Twitter, initially only supporting USDC transfers on Polygon. Twitter's various monetization services, such as Super Follows and Ticketed Spaces, are expected to integrate with the pilot.
In addition, FTX is also using Stripe to build new user training and authentication functions. (CoinDesk)
The hard fork of Gnosis Chain has been successfully executed. This hard fork updated the bridge token, aiming to upgrade token contracts (Agave, Pored Finance, etc.) that are vulnerable to reentrancy attacks.
infrastructure components
infrastructure components
Coinbase developers may be assisting ENS to allow DApps to release ENS subdomains off-chain
CroissantEth tweeted that Coinbase developers deployed the Coinbase Resolver smart contract, which is an extension of the ENS off-chain resolver according to the source code, allowing DApps to publish ENS subdomains off the chain, allowing DApps to publish ENS subdomains off the chain, and these subdomains Domains are still accessible through Layer1.
GnosisDAO's proposal to spin off Gnosis Safe and launch the governance token SAFE has passed
GnosisDAO’s proposal to spin off Gnosis Safe and launch SAFE tokens has been passed. SAFE tokens will be used to manage the Gnosis Safe ecosystem and infrastructure. At the same time, GnosisDAO will set up an independent Safe Foundation in Switzerland to protect strategic off-chain assets (IP, Github repository, strategic investment).
According to the proposal, the Safe Foundation will mint 1 billion SAFE tokens. SAFE tokens have a fixed token supply. The total supply of SAFE tokens will be distributed as follows: 15% will be allocated to core contributors, 15% will be allocated to the Safe Foundation (of which 8% will be used for strategic growth and 7% will be used for capital reserves), and 5% will be allocated to the ecosystem (2.5% for airdrops, 2.5% for scheduled airdrops), 5% will be allocated to users (2.5% for airdrops, 2.5% for scheduled airdrops), 60% will be allocated to community treasury (40 % to the SafeDao treasury, 15% to the GnosisDAO treasury, and 5% to the GNO and SAFE joint treasury).
Connext plans to launch governance token NEXT and conduct airdrops
The Layer 2 interoperability protocol Connext announced its native token NEXT, and plans to convert it into a decentralized autonomous organization (DAO).
It is reported that NEXT is a utility token and governance token that will promote the full decentralization of Connext, similar to the tokens of other blockchain infrastructure projects such as The Graph. Validators (called routers) on the Connext network will be able to stake NEXT tokens to participate in the network and receive corresponding fees in return. NEXT will also be used to manage the Connext ecosystem Treasury through the DAO.
Solana ecological wallet Phantom officially launched the Android version
Application layer - DeFi
Application layer - DeFi
MakerDAO announced that the Maker protocol will be deployed to StarkNet, the second-layer extension solution of Ethereum. This is the first time that the protocol has integrated a network other than the Ethereum mainnet.
Specifically, the deployment will be carried out in four stages, among which the simple cross-chain bridge between the Ethereum mainnet and StarkNet L2 will be launched on April 28, and the fast withdrawal and cross-chain bridges between different Layer 2 will be launched successively thereafter (expected to be completed by the end of July), multi-collateral Dai (to be completed by the end of this year or Q1 of 2023 at the latest), and other functions, thereby significantly reducing the cost of DAI transactions and minting. (CoinDesk)
Compound’s proposal to end existing liquidity mining activities failed to vote
Compound’s proposal to end the existing liquidity mining activities was not voted by the community with a slight disadvantage of 492678:499849. The proposal states that most of the COMP produced by liquidity mining activities will be sold, causing existing users and token holders to be at a great disadvantage. Therefore, it is proposed to end the existing liquidity mining plan and start a new Market kickstart rewards. The proposal was voted in favor of a16z and other organizations, but voted against by Compound CTO Geoffrey Hayes, Pantera Capital and others.
Sushiswap announced the launch of MISO v2 version of the multi-chain token startup platform
Official news, Sushiswap announced the launch of MISO v2, a completely permissionless multi-chain token startup platform. Currently, MISO v2 has been launched on major networks such as BSC, Fantom, Matic, Harmony, Moonbeam, Avalanche, Arbitrum, Polygon and Ethereum.
dYdX will launch dYdX V4 by the end of 2022 to achieve full decentralization
According to the official news, dYdX announced that it will build and release dYdX V4 by the end of 2022 to achieve complete decentralization. There will be no central control point or failure of the protocol; all aspects of the protocol that can be controlled will be completely controlled by the community.
The decentralized perpetual contract agreement Perpetual Protocol announced that its Token economics proposal has been passed and will implement a new Token economics model. There are 4 main components included in the proposal: implementing a voting escrow model or vePERP, updating the liquidity incentives and liquidity acquisition plan to work with vePERP, implementing governance controls for fee distribution in Perp V2, and implementing new industry-standard governance process.
Terra Ecological Fixed Rate Protocol Anchor Protocol will stop ANC airdrop
According to official news, Anchor Protocol, the Terra ecological fixed interest rate agreement, will stop the airdrop of ANC tokens.
According to the description of the proposal Prop 24, since the current Anchor airdrop has not produced the expected effect, and the increased release of tokens may damage the stability of ANC, it is proposed to stop the airdrop plan. The proposal calls for stopping the airdrop to LUNA stakers and transferring the remaining 74,070,000 ANC in the Anchor airdrop contract to the community pool.
Abracadabra Launches Cauldrons V3 Version of Lending Marketplace
The stablecoin protocol Abracadabra launched the Cauldrons V3 version of the lending market, first supporting the yvDAI market. Upgrades include imposing MIM borrowing limits per address, adopting floating interest rates, reducing the amount of MIM available on certain markets instead of burning them, and more.
It is reported that Cauldrons allows users to borrow MIM using other assets as collateral and can run on Degenbox and Bentobox.
PancakeSwap starts MasterChef v2 migration
Application layer-NFT
Application layer-NFT
Coinbase NFT Marketplace Beta Launches
The Beta version of the Coinbase NFT market is online. Starting today, the beta NFT marketplace will be accessible to everyone, but initially only certain users will be able to buy or sell NFTs. The Coinbase NFT marketplace currently supports Ethereum-based NFT and ETH payment methods.
Sanchan Saxena, vice president of products at Coinbase, revealed that the market will integrate other blockchains in the future and will soon fully support fiat currency deposit channels.
OpenSea supports MCC in Solana beta
OpenSea already supports Metaplex Certified Collections (MCC) in Solana beta, any collections that adopt MCC will now automatically appear on OpenSea with a clean, shoppable collections page.
MCCs are a way for creators to designate that Solana NFTs belong to specific collections on-chain. On top of existing trust and security measures, an added layer of on-chain regulation will help prevent fraud and scams.
NFT trading platform LooksRare online pending order rewards
According to official news, the NFT trading platform LooksRare has now launched pending order rewards. NFT creators and traders can earn LOOKS tokens through NFT pending orders on LooksRare. Traders will receive points for their eligible pending orders every 10 minutes, and these points will be converted into LOOKS every day.
Solidity developer foobar tweeted that 11,539 ETH (worth $34 million) is permanently locked in the AkuDreams contract, and neither individual users nor development teams can withdraw funds. Set each bid status to 1 after the refund has been processed. Therefore, the user cannot call emergencyWithdraw(). In addition, the team cannot receive funds, which is basically destroyed.
China Li-Ning launched peripheral clothing for Boring Ape BAYC#4102 and held offline pop-up events
News China Lining posted on Weibo that it has launched the "China Lining Boring Ape Trend Sports Club" series of clothing. The series of clothing is themed on the image of Bored Ape Yacht Club #4102 and incorporates trendy elements such as pixel style and street style. At the same time, China's Lining will launch a boring pop-up store offline from April 23 to May 4.
The Sandbox will migrate LANDS to Layer 2 on April 27 in preparation for Polygon deployment
According to official news, the metaverse project The Sandbox announced that it will migrate all LANDS to Layer 2 in preparation for the deployment and bridging of the Polygon network. Through Polygon, Gas costs will be greatly reduced.
This migration does not require user operations, but in order to avoid losing tokens, The Sandbox will automatically force the migration of LANDS that has not been updated to the new smart contract deployed on January 30, 2022 on April 27. In addition, all gas costs involved in this migration will be borne by The Sandbox.
Moonbirds Nesting (v0.5) is live
News Moonbirds tweeted that Nesting (v0.5) has been launched.
NFT Worlds Releases Roadmap 2.0 White Paper
NFT Worlds released the roadmap 2.0 white paper on its social platform. The white paper has improved the economics of its ecological Token WRLD, and plans to continue to improve the game’s playability and enhance the social attributes of the game in the second and third quarters.
World of Women airdrops 3D NFT clothing designed by The Fabricant to holders
The NFT project World of Women officially tweeted that World of Women is airdropping 3D NFT clothing designed by The Fabricant to all holders.
The Fabricant and the teams behind World of Women have teamed up to bring fashion into the virtual world, according to previous news.
mfers official companion NFT series CREYZIES airdrops NFT to mfers holders
The mfers official companion NFT series CREYZIES hand-painted by creator REY (@reylarsdam) has completed a secret snapshot at 23:30 US Eastern Time on April 19, airdropping CREYZIES NFT to each mfers series NFT holder.
Pudgy Penguins may launch a new metaverse project
The NFT project Pudgy Penguins (fat penguins) posted a Pudgy Penguins theme map with the text "Quest Map; And so the journey begins" (explore the map; the journey begins), or a new theme metaverse will be launched for Pudgy Penguins project.
In addition, perhaps because of the image of Pudgy Present NFT appearing in the "Penguin Code" area above the map, there are currently anonymous addresses scanning Pudgy Present NFT in batches on the Gem platform.
NBA playoff dynamic NFT The Association will increase its circulation to 30,000 pieces
Application Layer - Game
Application Layer - Game
STEPN says GMT is currently required for all quality shoe casting
Move to Earn app STEPN tweeted that all quality shoe castings currently require GMT.
P2E game Axie Infinity announces it is developing a land pledge system
The P2E game Axie Infinity stated on Twitter that it is currently developing the Land Staking system, and has established a reward model and created some UI prototypes. According to Axie Infinity, the most time-consuming part will be the creation and auditing of smart contracts.
security incident
security incident
Slow Mist: There are security flaws in the MetaMask iOS App itself
SlowMist released a brief analysis of "iCloud users' MetaMask wallets encountered phishing attacks": First, users encountered phishing attacks due to their lack of security awareness and leaked iCloud account passwords. Users should bear most of the responsibility. However, from the perspective of wallet product design, the MetaMask iOS App itself has security flaws.
MetaMask Android has android:allowBackup= in AndroidManifest.xml"false"To prohibit the application from being backed up by the user and the system, so as to prevent the backed up data from being restored on other devices, there is no such mechanism found in the MetaMask iOS code that prohibits wallet data (such as KeyStore files) from being backed up by the system.
The official Discord of Project Galaxy, an NFT infrastructure service provider, was attacked. Hackers used robot accounts to post fake links in the channel. Project Galaxy reminds users to be aware of the risks, not to click on the links provided by the hackers, and to follow the official Twitter for official news and updates.
PeckShield tweeted that ZEED, a decentralized financial ecosystem, may have been attacked, and the attacker made a profit of about $1 million. Currently, the attacker's proceeds are all in the attack contract.
이두희, the developer of the Klaytn-based NFT project Metaconz, tweeted that last Saturday, the administrator account of Metaconz’s Discord overseas team was installed with a malicious robot, causing 79 users to lose 11.9 ETH (approximately $36,000). The team promised to compensate for all losses, and 53 users have received compensation so far.
In addition, the developer reminded that if the user executes the setApprovalForAll function in Etherscan, please transfer the wallet unconditionally, so in this attack, the hacker used this function to deprive the victim of the wallet permission.
Fantom-Based Revenue Optimizer Redemption Suffers Flash Loan Attack
Fantom-based income optimizer Redemption stated on its official Twitter that it is suffering from an organized flash loan attack. The team says it is working on the situation and will update when more details become available.
Pie Shield: Rug Pull occurred in MaxAPY Finance, the official team is suspected of running away
PeckShield tweeted that the automatic pledge protocol MaxAPY Finance on the BNB Chain had a Rug Pull, and the token Metal fell 67% in a short period of time. Its official Twitter account and Telegram group have been deleted, and the owner of the MaxAPY contract has been transferred. 1042 BNB.
Pie Shield: Rug Pull occurred in Bnbinsane, the official team is suspected of running away
Pai Dun tweeted to warn that the protocol Bnbinsane on the BNB Chain had a Rug Pull, and its official Twitter account and Telegram group have been deleted. The owner of the Bnbinsane contract has transferred 1,800 BNB (approximately $740,000) to Tornado Cash.
