Star Project Weekly | BNB Chain launched the Gas Grant plan; Magic Wallet completed a financing of 52 million US dollars (5.29-6.4)
During the week from May 29th to June 4th, the developments worthy of attention are as follows:BNB Chain Launches Gas Grant Program；Optimism Releases First Foundation Missions；zkEVM Kakarot completes pre-seed round of financing；Web3 wallet Magic completes $52 million in financing；Multichain: Currently unable to contact the CEO to obtain the necessary server access；A new proposal from the 1inch community proposes to stop collecting Swap surplus；OpenSea Pro launches social trading bot service ProBot；Blur plans to tweak its points reward system next week；Unisat has officially launched domain name trading；OKX Proposes BRC-30 Proposal for Staking；Blockchain game Illuvium completes $10 million in financing；Atomic Wallet wallets have been stolen, and the total amount stolen so far has exceeded 35 million US dollars。
Bottom-Layer 1
Bottom-Layer 1
Odaily News According to the official announcement, BNB Chain announced the launch of a new Gas Grant program to reward projects that contribute to its ecology by providing gas fee incentives to qualified projects.
According to the plan, registered projects can obtain Gas Grant based on their monthly Gas fee. The total fund pool is set at 200,000 USD (in the form of BNB) per month. calculated as a percentage of the amount.
To participate in the program, projects must have launched within the past 3 months and have at least 100 average on-chain Daily Active Users (DAU) over the past 7 days, or reach new milestones and have at least 100 average DAU over the past 30 days. Individual projects can benefit from the scheme for a maximum of 3 months. Subsequent applications for registration will be re-evaluated after each calculation cycle.
Projects that do not meet the registration requirements can apply to BNB Chain staff for a one-month trial period. The application deadline is the 24th of each month, while decisions regarding the next month's participants will be announced on the last Wednesday of each month.
Sui announces launch of education funding scheme
Odaily News Sui announced the launch of the Sui Education Grants Program, an education funding program.
Categories under the program include educational content, gamified learning experiences, developer educational resources, bootcamps, IRL learning opportunities or hubs, structured courses, and interactive educational opportunities utilizing artificial intelligence, among others. Grant amounts range from $10,000 to $250,000.
Odaily News Fantom founder Andre Cronje announced on social media that Fantom has launched the Gas monetization function, and the next development focus will be Gas subsidies, social identity verification, FVM and new storage solutions. According to the reward claim page, Fantom’s Gas monetization plan subsidizes 15% of the Gas fees generated by eligible dApps, providing developers with additional income.
Celestia Introduces Beta Version of OP Stack Modular Data Availability Interface
Odaily News Modular blockchain network Celestia has launched a Beta version of the OP Stack modular Data Availability (DA) interface. The release allows developers to define DA layers and inherit the security of selected blockchains, including Ethereum, Celestia, and Bitcoin.
Anoma Foundation Closes $25 Million Funding Led by CMCC Global
Anoma Foundation Closes $25 Million Funding Led by CMCC Global
The Anoma Foundation currently manages Namada, a blockchain focused on multi-chain privacy, and Anoma, a privacy-preserving protocol. (CoinDesk)
The Anoma Foundation currently manages Namada, a blockchain focused on multi-chain privacy, and Anoma, a privacy-preserving protocol. (CoinDesk)
Cosmos ecological application chain Noble introduces native USDC to modular blockchain Celestia
Odaily news Cosmos ecological application chain Noble announced the introduction of native USDC into the modular blockchain Celestia, providing Celestia with direct access to native stablecoins and other encrypted assets.
Additionally, Noble will lead stablecoin liquidity for the Sovereign Rollup on Celestia. Sovereign Rollup developers can directly access and use USDC and other stablecoins to pay for Gas and on-chain transactions, and will be able to launch a new application on a dedicated blockchain, minting USDC on Noble, connecting their blocks via IBC or Hyperlane chain, enabling cheap and fast stablecoin transactions.
Astar CEO Launches Discussion on "Reducing ASTR Inflation"
Odaily News Sota Watanabe, CEO of Astar Network, a multi-chain smart contract platform, recently posted a discussion on changing the Astar token model in the community forum, aiming to reduce Astar's inflation rate.
Watanabe said that the team is working with third parties to review and formulate a new token economic model, and Astar will consider all possible options, focusing on how much the inflation rate should be reduced, which will be determined by analyzing the network and potential impact.
Injective Announces Completion of Avalon Mainnet Upgrade
Odaily News Injective announced that the Avalon mainnet upgrade has been completed. This upgrade has optimized scalability, carried out PoS delegation transformation, and accelerated the speed of mainnet block generation.
Smooth Labs partners with Conflux to develop a Conflux-based Layer 2 solution
Bottom layer-Layer 2
Bottom layer-Layer 2
Odaily News Optimism tweeted that the fourth season of Optimism Governance introduced the foundation task, which is the request for proposal (RFP) process for building core infrastructure for Optimism Collective.
Optimism has released the first batch of Foundation tasks, projects involving cross-governance accessibility, technology decentralization, protocol research, application development, etc. These tasks are open to proposals from any team (coalition) in the ecosystem.
Related RFPs include: dynamic delegated proof, zero-knowledge proof research, leader election proof of concept, DAO file maintenance, code of conduct enforcement, and Governor v2 contract, etc.
Related RFP proposals need to be submitted by June 28, and the foundation will have until July 13 to select the winning proposal to begin work on.
Starknet mainnet is running on version v 0.11.2, Cairo 1 activated
ZK-EVM Kakarot completed the pre-seed round of financing, V God participated in the investment
ZK-EVM Kakarot completed the pre-seed round of financing, V God participated in the investment
Odaily News ZK EVM Kakarot launched by Starknet completed the pre-seed round of financing. StarkWare, LambdaClass and other institutions, as well as angel investors such as Vitalik Buterin, Nicolas Bacca, Rand Hindi, etc. participated in the investment. The specific investment details and amount have not been disclosed yet.
SKALE to Launch Levitation Protocol, a Decentralized Zero-Knowledge Proof Solution
Odaily News Ethereum side chain SKALE developers announced the SKALE improvement proposal Levitation Protocol.
It is reported that Levitation Protocol is a decentralized zero-knowledge proof solution designed to seamlessly connect the full set of ZK solutions to the SKALE architecture and connect Rollup to the Ethereum mainnet. The proposal includes further ecosystem upgrades, adding a new "Layer 1 Megachain" called SKALE G, fortified by ZK Rollups.
SKALE developers plan to begin releasing its source code in the coming months, after which a public testnet will launch; the mainnet launch is planned for Q4 2023.
Curio: Keystone, an experimental Rollup framework built on top of the OP Stack, is open-sourced
Odaily's chain game infrastructure and application Curio tweeted that its experimental Rollup framework Keystone based on OP Stack has been open sourced.
Web3 Wallet Magic Completes $52M Funding Led by PayPal Ventures
infrastructure components
Web3 Wallet Magic Completes $52M Funding Led by PayPal Ventures
Magic is a wallet-as-a-service provider that helps businesses onboard users to web3 through instant non-custodial wallet creation. It uses email or social logins while removing the need for seed phrases and browser extensions - making it indistinguishable from the standard web2 experience everyday users are used to.
To date, Magic has generated over 20 million unique wallets and its SDK is used by over 130,000 developers.
Magic is a wallet-as-a-service provider that helps businesses onboard users to web3 through instant non-custodial wallet creation. It uses email or social logins while removing the need for seed phrases and browser extensions - making it indistinguishable from the standard web2 experience everyday users are used to.
Cosmos ecological wallet Keplr will launch Keplr 2.0 version
According to the official Twitter, Cosmos ecological wallet Keplr announced that it will gradually launch Keplr 2.0 in the next few days.
It is reported that the new version can display multi-chain assets on one page; support search assets and chains; support one-click collection of all rewards; users can customize the visibility of chains.
Ordinals Wallet will support sending funds and inscriptions to .Sats domain addresses
Odaily News Bitcoin NFT wallet Ordinals Wallet will soon support sending funds and inscriptions to .Sats domain addresses.
It should be noted that if a user sends funds to a .Sats domain address using Xverse, it will not show up in the balance. This is because Xverse uses multiple addresses, one for Ordinals and another for Bitcoin.
Odaily News Steakhouse, the financial department of Lido DAO, submitted a public opinion governance proposal TMC-0, suggesting to pledge all Treasury ETH in Lido.
The proposal points out that the annual rate of return of 20,000 ETH is 4% to 6%, which is close to $2 million per year at current prices. The operations on the chain are: 1. Deposit 20304 ETH in Lido and convert it to stETH; 2. Deploy an Easy Track contract to perform future Treasury ETH deposits.
In addition, if stETH < 0.98 ETH, you should buy stETH in the market instead of directly staking ETH, as this may require more operating expenses.
Ethereum Liquidity Staking Protocol Rocket Pool Deployed to zkSync Era
Odaily News The Ethereum liquidity staking protocol Rocket Pool has been deployed to zkSync Era, which will allow its users to transfer rETH faster and cheaper, resulting in a more friendly DeFi experience.
Previously, Rocket Pool has been deployed on the second-layer Ethereum networks Optimism and Arbitrum. (The Block)
Swell Network launches Voyage airdrop plan, will distribute 50 million SWELL
Odaily News The Ethereum pledge protocol Swell Network announced the launch of the Voyage airdrop plan, which will distribute 50 million SWELLs (accounting for 5% of the supply) to users.
Users can now collect pearls by staking swETH and providing liquidity, which can then be exchanged for SWELL during the TGE later this year.
Odaily News The cross-chain routing protocol Multichain tweeted: "In the past two days, due to unforeseen circumstances, there have been multiple problems with the Multichain protocol. The team has done everything possible to maintain the operation of the protocol, but we are currently unable to contact the CEO. Zhaojun and obtained the necessary server access rights for maintenance. This afternoon, there was a problem with the scanning node network of Router 5, which affected the normal cross-chain services of some chains. Moreover, this problem exceeded the current authority and capabilities of the team. To protect the For the benefit of users, we have decided to suspend the corresponding cross-chain services for the affected chains on the UI. Last week, the same problem occurred on Router 2. We thank users for their understanding and ask our partners to stop The chain directly invokes the Multichain protocol smart contract for cross-chain operations. All affected chains are: Kekchain, PublicMint, Dyno Chain, Red Light Chain, Dexit, Ekta, HPB, ONUS, Omax, Findora, Planq.”
Stargate Community Vote on "Upgrade Stargate EqReward Design"
Odaily’s Snapshot voting page shows that the cross-chain bridge Stargate community has voted to approve the “Upgrade Stargate EqReward Design” proposal, with a final support rate of 92.66%, which may solve the previous behavior of a giant whale repeatedly adding and removing liquidity for arbitrage.
It is reported that the proposal will cancel the discount given to rebalance transfers, so that it will pay less agreement fees (keep the agreement fee of all transfers at 6-10 bps); update the feelibrary so that the maximum eqReward allocated is the maximum agreement fee of this approach (6-10 bps), which means that rebalancing protocol users will receive 0 fees, but will not receive additional rewards for doing so. The above updates will not have a material impact on the Stargate core protocol. By modifying the feelibrary to only return fees rather than rewards, users will not be able to earn additional eqRewards, allowing the protocol to keep more eqRewards and incentivizing Stargate's ongoing balance.
Odaily News Hop Protocol's proposal of "airdropping a total of about 870,000 HOP to 35 witch hunter addresses" was voted through, with a final support rate of 99.48%. It is reported that the proposal proposes to distribute 869,566.51 HOP tokens to 35 witch hunter (Sybil hunter) addresses. These addresses helped the project remove Sybil attackers from Hop airdrops when the Hop DAO launched last year, resulting in the Hop DAO keeping nearly 3.5 million Hop tokens that would otherwise fall into the hands of Sybil attackers. The planned airdrop is 25% of these tokens.
DeFi
Odaily News The MakerDAO community has voted to add BlockTower Andromeda (RWA 015 ) as a new vault type for Real World Assets (RWA).
According to related proposals, the vault, managed by asset management company BlockTower Capital, will invest up to $1.28 billion in short-term U.S. Treasury bonds, funded by Maker's over-collateralized stablecoin DAI. Maker will pay BlockTower Capital a 0.15% arrangement fee. Celadon Financial Group will act as broker and the assets will be managed by Wedbush Securities. (CoinDesk)
Odaily News According to the Uniswap governance page, she 256, Michigan Blockchain and GFX Labs jointly proposed a new proposal in the Uniswap community, "Uniswap V3 Deployment to Base", which has passed the temperature check vote, with a support rate of 100%. The final chain vote will be on After the Base mainnet goes online and contracts are deployed.
It is reported that the proposal proposes to deploy Uniswap V3 to Base when the Coinbase L2 network Base mainnet is launched. The proposal believes that Base has great potential to generate high TVL and mobilize a large number of new users to Uniswap.
A new proposal from the Uniswap community intends to deploy V3 to the ConsenSys zkEVM network Linea
The Snapshot voting page of Odaily news shows that the Uniswap community initiated the proposal of "deploying Uniswap V3 to the ConsenSys zkEVM network Linea". Currently, it has passed the vote for comments with a 100% support rate, and will then enter the temperature check voting stage. If there are 10 million votes To support the proposal, the ConsenSys and Linea teams will prepare an on-chain proposal. The proposal believes that Consensys is seeking a Uniswap V3 deployment for Linea’s mainnet release, hoping to further integrate Uniswap with Consensys’ product ecosystem (MetaMask, Infura, Linea, etc.).
Scroll released a proposal to deploy Aave V3 on the Scroll mainnet
Odaily News Scroll released a proposal to deploy the Aave V3 Minimum Viable Product (MVP) version on the Scroll mainnet. The proposal shows that Scroll will go live in early August and plans to use Aave V3 as one of the first DeFi DApps on its mainnet. The initially deployed version will support WETH, USDC and wstETH as collateral assets and USDC as a borrowable asset.
A new proposal from the 1inch community proposes to stop collecting Swap surplus
Odaily News The 1inch community initiated a new proposal 1 IP-28, which proposes to stop collecting Swap Surplus (Swap Surplus) in the 1inch aggregation protocol, and automatically reroute any exchange surplus funds to users during the exchange process.
The proposal pointed out that Swap spread surplus (also known as positive slippage, which occurs when the execution price is slightly higher than the quotation) as a source of income may have a negative impact on a small number of users. In order to improve the user experience, it was decided to implement optimization.
Odaily news Venus, a lending protocol based on BNB Chain, launched a VIP-122 proposal vote. The proposal proposes to adjust the risk parameters and the interest rate curve model, including adjusting the interest rate parameters of tokens BNB, ETH, BTCB, LINK, MATIC, XRP and LTC, which will increase the maximum borrowing rate of BNB from 261% to 437%.
DefiLlama will be beta-testing the ChatGPT plugin
Odaily News 0x ngmi, the founder of DefiLlama, tweeted that the DefiLlama ChatGPT plugin built by Kofi will undergo Beta testing.
Users who have plugin access on ChatGPT and are willing to provide feedback on the plugin can join the waiting list.
The plugin will allow users to query DefiLlama's data using prompts, such as asking "Which LSD projects have grown the fastest after March?" question.
NFT
OpenSea Pro launches social trading bot service ProBot
Odaily News NFT market OpenSea Pro (formerly Gem) launched a social trading robot service ProBot (@0x ProBot), which supports the monitoring of important transactions and some more obvious sweeping transactions.
OpenSea Pro said that more intelligent trading robot services will be launched in the future.
Blur plans to tweak its points reward system next week
NFTstatistics.eth, research director of Odaily News PROOF, pointed out that the address starting with 8 BC 110, which ranks third on the Blur platform, has not purchased any NFT in the past 6 days, but can earn about 3,000 bidding points per day.
In this regard, Blur founder Pacman said that this situation does not violate the current rules, but it is contrary to the spirit of rewarding users who take risks. Blur will adjust the platform's point system so that users who take risks can be properly rewarded, and it is expected to go live next week.
According to official news from Odaily, the NFT market LooksRare has launched the first phase of the pending order to win gems activity. The higher the global trading volume of the NFT series through the pending order, the more gems will be obtained.
Specifically, if the price of the pending order on LooksRare is lower than other markets, it will receive five times the reward; if the price of the pending order on LooksRare is the same as in other markets, it will not receive additional rewards; if the price of the pending order on LooksRare is higher than other markets , the reward will be halved. In addition, additional rewards will be given according to the leaderboard.
Gem rewards will be distributed at 14:00 (UTC) on June 1, and gems will be exchanged for LOOKS tokens. The exchange amount is not yet determined and will be determined by the final percentage of the total participation.
Unisat has officially launched domain name transactions, supporting .sat and .unisat domain names
Tabi, an NFT trading platform, completed a $10 million angel round of financing, with Animoca Brands, Binance Labs and others participating
In addition to NFT transactions and Launchpad functions, Tabi also converts users' on-chain activities into "experience points" that can be redeemed for future airdrop rewards and benefits. The agreement also includes a game platform that aggregates blockchain game transactions and entertainment. (Cointelegraph)
In addition to NFT transactions and Launchpad functions, Tabi also converts users' on-chain activities into "experience points" that can be redeemed for future airdrop rewards and benefits. The agreement also includes a game platform that aggregates blockchain game transactions and entertainment. (Cointelegraph)
NFT platform Universe has stopped development and will open source code on GitHub
Odaily News According to the official Twitter, the NFT platform Universe announced on May 17 that the project will stop developing in May (but anyone can take over), and all undisclosed source code content will be made public on GitHub.
Otherside will invite some non-Yuga Labs ecological NFT series to join its game LoTM
Odaily News Yuga Labs’ metaverse project Otherside tweeted that some non-Yuga Labs ecological NFT series will be invited to join its game Legends of the Mara (LoTM).
The NFT market of Decentraland, an Odaily platform, has been updated and upgraded. The upgraded marketplace will support primary and secondary market NFT navigation, allowing users to more effectively explore and engage with various products in the marketplace, improving discoverability and user experience.
Additionally, the Decentraland marketplace launched a “special callout” feature that allows users to purchase NFTs that are in the minting process directly from creators.
Doodles partners with CAMP to launch interactive retail experience
Odaily News The NFT project Doodles announced on social media that it has reached a partnership with CAMP to launch an interactive retail experience this summer, aiming to further connect the digital and physical fields of the Doodles community.
Related services will first cover CAMP physical stores in major cities such as New York, Los Angeles, and Dallas. Doodles NFT holders will have the opportunity to receive special access rights and benefits, including free admission, merchandise points, concierge services, and opportunities for custom creations.
Odaily News According to official news, OKX proposed the BRC-30 proposal to introduce an enhanced version of the BRC-20 protocol. BRC-30 adopts the design principles of BRC-20 and introduces equity operation functions such as deposit, casting and withdrawal. The proposal aims to introduce a staking mechanism for BRC-20 tokens and Bitcoins to the Bitcoin network.
Ordinals Market and Bitcoin Miladys Launch New Standard for NFT Migration BRC-721 E
Odaily News The Bitcoin NFT market Ordinals Market and Bitcoin Miladys jointly released the BRC-721 E standard, allowing immutable, verifiable ERC-721 NFTs to be migrated to Ordinals without prior embedding of the entire NFT series.
When bridging NFTs, the BRC-721E encodes data directly into a burn transaction that specifies a Bitcoin address that accepts the inscription.
social contact
social contact
Sui ecological domain name service SuiNS has opened the domain name auction
Odaily News Sui Ecological Domain Name Service Sui Name Service (SuiNS) has opened the .sui domain name auction.
In addition, SuiNS will soon announce the Day 1 NFT airdrop date, and users who have registered before can participate.
SPACE ID Releases New Feature That Allows Sellers to Sell Domain Names at Custom Prices
Odaily News The decentralized domain name service protocol SPACE ID announced the launch of a new feature that allows sellers to sell domain names at a custom price, whereas in the past they could only sell domain names based on the price provided by buyers (the most common way). SPACE ID will support price matching from high to low based on the current order book.
Identity oracle project Clique: the authentication function has been launched PolygonID App
Odaily News The identity oracle project Clique tweeted that its authentication function (attestations) is now on the PolygonID App, and the first iteration will be a Sybil proof based on the user's Twitter credentials.
Clique said the credentials could be used by some future partners, including Guild. These initial credentials will be used for Sybil-resistant and proof-of-humanity in PolygonID-powered Dapps.
Social protocol Inspect will release version 2.0, or launch INSP tokens
Odaily News Social Protocol Inspect released an official tweet announcing that version 2.0 will be released soon. The new version will change the interface, product suite, and also introduce the DAO architecture.
Chain game Illuvium completes $10 million in financing, Framework Ventures participates
game
Chain game Illuvium completes $10 million in financing, Framework Ventures participates
Illuvium is about to launch its public beta with three interoperable AAA games: Illuvium: Zero (city-building game), Illuvium: Overworld (monster world), and Illuvium: Arena (arena).
Illuvium is about to launch its public beta with three interoperable AAA games: Illuvium: Zero (city-building game), Illuvium: Overworld (monster world), and Illuvium: Arena (arena).
STEPN parent company FSL launches AI tool "GNT V3" that can turn selfies into NFT
Odaily News Find Satoshi Lab ( FSL ), the parent company of Web3 game STEPN, launched the AI tool "GNT V3" that can turn selfies into NFTs, and the generated NFTs will be minted on Solana.
It is reported that FSL released GNT V1 last month, allowing artists to mint personal NFTs on the MOOAR market, and launched GNT V2 in late April, improving its AI model.
Aavegotchi developer sees 200% revenue jump to $11.3m in FY2022
Odaily News In the fiscal year ending July 31, 2022, Web3 game Aavegotchi developer PixelCraft Studios revenue increased 200% to $11.3 million. While revenue rose, administrative and other expenses rose to $10.8 million, a 609% surge from the previous year, suggesting it is investing in business expansion and activities to support the company's growth.
After deducting income tax expenses, PixelCraft Studios' profit for the fiscal year was $574,000, down 82% year-over-year.
Fusionist, a chain game, completed a $6.6 million seed round of financing, led by Binance Labs and FunPlus
security incident
Fusionist will use the new funding to continue accelerating game development and building out the Endurance mainnet ecosystem launching in January 2023. In addition, Fusionist also plans to strengthen user growth and recruit more gaming and Web3 professionals to expand the team.
It is reported that Fusionist has successfully launched three NFT series, is currently undergoing beta testing on Steam, and will initially launch its games on the BNB Chain.
security incident
Odaily News Atomic Wallet, an encrypted wallet, officially stated, "We have received a report of wallet theft and are doing everything we can to investigate and analyze the cause. If there is more relevant news, we will release it as soon as possible."
ZachXBT then tweeted that in the hacking of the Atomic Wallet, the largest victim found on Tron, 7.95 million USDT was stolen, and the current top five Atomic Wallet victims lost about $17 million. The total has exceeded 35 million US dollars.
ExchangeBetweenPools was attacked by flash loan, hackers arbitrage 58.5 ETH
Odaily News According to CertiK monitoring, the ExchangeBetweenPools contract was attacked by flash loans. The attacker manipulated the USDC price by calling the public 'doExchange()' function and arbitraged 58.5 ETH (~$110,000).
