​ETH Weekly | Polygon zkEVM is undergoing a comprehensive audit; Curve is integrating with the zkSync 2.0 mainnet (12.12-12.18)

Author | Qin Xiaofeng

Editor | Hao Fangzhou

Produced | Odaily

1. Overall overview

Author | Qin Xiaofeng

Editor | Hao Fangzhou

Produced | Odaily

Polygon officially revealed that a comprehensive security audit of zkEVM has been launched. This audit will focus on the correctness and robustness of zkEVM, which is also the last key step that needs to be completed on the testnet before the mainnet goes live. It is reported that two security companies, Spearbit and Hexens, are responsible for the relevant audit work, involving 37 audit components inside Polygon zkEVM, to ensure that it is safe and reliable when it is launched on the Ethereum mainnet.

1. Spot market

Second, the secondary market

(ETH daily chart, picture from OKX)

According to OKX market data, the price of ETH once fell to $1,155 last week, and closed at $1,186 during the week, down 6.8% month-on-month.

2. Network operation

etherchain.orgThe daily chart shows that the price is currently consolidating around $1,150-$1,200, and may continue to test $1,150 in the short term. The upper resistance is $1,250, and the lower support is $1,150 and $1,100.

3. Large transaction

OKlink data3. Large transaction

4. Rich list address

OKlink dataIt shows that the number of on-chain transfers rose slightly last week, with "above 1000 ETH", "above 2000 ETH" and "above 5000 ETH" rising by 34.5%, 31.4% and 36.6% month-on-month respectively. The trading enthusiasm of giant whales has increased significantly.

3. Ecology and technology

4. Rich list address

OKlink data

3. Ecology and technology

2. Project trends

1. Technological progress

The semi-homogeneous token standard ERC-3525 has completed the reference implementation and open sourced its code for free

Fuel Labs, the Ethereum expansion team, said that as Ethereum launches a sharding prototype next year, Fuel will also align with the Ethereum roadmap, and plans to launch a complete mainnet in 2023. As previously reported, on November 16, the Ethereum expansion team Fuel Labs announced the launch of the Fuel Beta-2 testnet, which brings cross-chain bridging functions to Fuel. The main features of the Beta-2 testnet include: Goerli network, single shared network, Faucet, GraphQL endpoints, no whitelist, block explorer, developers participating in Beta-2 can build and test cross-chain dApps.

https://twitter.com/ (2) ConsenSys launched a private test version of the zkEVM testnet

Ethereum infrastructure development company ConsenSys officially released a private test version of the zkEVM testnet, which has been made available to selected applicants on Infura, allowing developers to deploy and test smart contracts, and migrate DApps from the existing network, as well as bridging Token.

ConsenSys said its zkEVM achieves EVM equivalence, enjoying the security of Ethereum with the scalability and low fees of zkEVM. ConsenSys will start testing the zkEVM testnet internally next week, and will gradually open the permission list to allow external users to register from January 2023.

(3) zkSync delays the release of Fair Onboarding Alpha and Full Launch Alpha milestones to the first and second quarters of next year

zkSync, the Ethereum Layer 2 network based on ZK Rollup, announced that it will postpone the release of the Fair Onboarding Alpha and Full Launch Alpha milestones in the roadmap.

Upon reaching the Baby Alpha milestone in October, zkSync said it expects to reach Fair Onboarding Alpha in the fourth quarter of 2022 and Full Launch Alpha in the first quarter of 2023. The release will be postponed to make time for the ongoing security audit, which is expected to be completed by January 2023, the Fair Onboarding Alpha milestone is expected to be postponed to the first quarter of 2023, and the Full Launch Alpha will be postponed to the second quarter of 2023. second quarter. All product release dates will depend on network readiness and will be fully open source in the Fair Onboarding Alpha.

(4) Stargate initiated the deployment to the Metis network community proposal, and MetisDAO will provide a monthly incentive grant of 100,000 US dollars

According to the official announcement, Stargate, a LayerZero-based cross-chain bridge, launched a community vote to deploy the protocol to the Metis network. In the early stage, a USDT pool will be established to realize the cross-chain between Metis and Ethereum, BNB Chain and Avalanche. The MetisDAO Foundation will provide incentive grants worth $100,000 METIS per month for 4 months to this end.

(5) Sommelier introduces Ethereum DeFi strategic assets into Injective

According to official news, Sommelier, an automated DeFi portfolio management platform, announced the launch of Ethereum DeFi strategy tokens on Injective for the first time. Injective is a Layer1Cosmos blockchain optimized for DeFi. This new integration marks the first time that Ethereum strategic assets will be accessible to a wider range of Cosmos ecosystem users. At the same time, Sommelier’s native asset SOMM, and strategic assets SteadyETH, SteadyBTC, and ETHBTCTrend have launched Helix, a decentralized trading platform built on Injective, and started a 10-day trading competition with a prize pool of 100,000 SOMM tokens.

• (6) Curve is integrating with zkSync 2.0 mainnet

• Curve will be deployed to zkSync, the Ethereum Layer 2 network based on ZK Rollup, and is currently integrating with zkSync 2.0.

• (7) ENS DAO has voted for three working group administrators including meta-governance

The Ethereum Name Service (ENS) DAO has voted to elect administrators who will lead three working groups on Meta-Governance, ENS Ecosystem, and Public Goods in Q1/Q2 next year. Those elected will serve a six-month term beginning January 1, 2023.

ENS co-founder and lead developer Nick Johnson and simona.eth were re-elected with 1.6 million ENS and 1.5 million ENS votes, respectively, according to the meta-governance group vote. Katherine Wu was first elected with 1.4 million ENS votes.

ENS ecosystem group voting results show that Alex Slobodnik was re-elected with 2.1 million ENS votes, limes.eth and yambo.eth were first elected with 1.9 million ENS votes and 1.85 million ENS votes respectively.

The voting results of the public product group showed that ENS co-founder Alex Van de Sande, coltron.eth and vegayp.eth were elected with 2 million ENS, 1.9 million ENS and 1.4 million ENS votes respectively.

It is reported that each working group is responsible for different matters. The Meta Governance Working Group is responsible for oversight and governance issues, the ENS Ecosystem Working Group supports members and their domain services related issues, and the Public Goods Working Group is responsible for organizing and funding the ENS project within the wider Web3 ecosystem. (CoinDesk)

(8) Web3 identity and credit protocol Masa will be launched on the Ethereum mainnet on January 17 next year

(9) Ethereum domain name service ENS launches official store ENS Merch Store

3. Borrowing

DeFiLlama (10) Polygon zkEVM is undergoing a comprehensive audit

4. News

Polygon officially revealed that a comprehensive security audit of zkEVM has been launched. This audit will focus on the correctness and robustness of zkEVM, which is also the last key step that needs to be completed on the testnet before the mainnet goes live. It is reported that two security companies, Spearbit and Hexens, are responsible for the relevant audit work, involving 37 audit components inside Polygon zkEVM, to ensure that it is safe and reliable when it is launched on the Ethereum mainnet.

3. Borrowing

The data shows that the value of collateral locked on the chain fell from $24.04 billion to $23.18 billion last week, a 3.5% drop in the week. Specifically, the amount of ETH mortgages rose from 19.02 million to 19.53 million last week, an increase of 2.6%. From the perspective of a single project, the top three locked positions are: MakerDAO $5.95 billion; Lido $5.75 billion; Curve $3.37 billion.

4. News

(1) Swiss CMTA tests using Ethereum to settle Swiss francs

A proof-of-concept under the auspices of the Swiss Capital Markets Technology Association (CMTA) has demonstrated Swiss franc cash-side settlement for the first time via a bridge linking Ethereum to the Swiss Interbank Clearing System (SIC). In the process, Credit Suisse, Pictet and Vontobel Bank issued structured products in the form of tokens on the Ethereum testnet, which were subsequently traded via BX Swiss. (eqs-news)