Star Project Weekly | Blur will launch BLUR tokens at the end of January; Sushi announces new token economic model (12.26-1.1)

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Azuma
1 years ago
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Taiko, the second layer network of Ethereum based on zkRollup, released its first public testnet.

Star Project Weekly | Blur will launch BLUR tokens at the end of January; Sushi announces new token economic model (12.26-1.1)

During the week from December 26th to January 1st, the developments worthy of attention are as follows:Aptos Lianchuang announced its plan for 2023: there will be a series of DeFi innovations such as order books, AMMs, and DEXsAndre Cronje: The development focus of Fantom next year includes Gas monetization and subsidies, account abstraction, etc.Waves founder released Waves 2.0 plan, including new stable currency, SafeFi model, etc.Taiko, a zkRollup-based Layer 2 Ethereum network, releases its first public testnetAave to Launch Stablecoin GHO Public Testnet in JanuarySushi unveils new token economics proposal that will incentivize liquidity and promote decentralizationNFT marketplace Blur will launch BLUR tokens at the end of January 2023BitKeep was attacked, resulting in the theft of user assets on multiple chains, and the stolen amount was about 8 million US dollars

Bottom-Layer 1

Bottom-Layer 1

Aptos Lianchuang announced its plan for 2023: there will be a series of DeFi innovations such as order books, AMMs, and DEXs

Odaily news Aptos CEO and co-founder Mo Shaikh announced the projects 2023 plan in the latest interview. He said that Aptos will launch a centralized price limit order book, AMM (automatic market maker), DEXes ( Decentralized exchange) and a series of DeFi functions. However, Aptos will adopt a laddered innovation approach and will not take the risk of bringing all users into Layer 1 or Layer 2. At present, Aptos has begun to build Web3 innovative products, and it is expected that these use cases will become a reality in 2023. (dailyhodl)

Polkadot released a 2022 overview: There are currently 74 parallel chains in the ecosystem and more than 300 Dapps

Odaily News According to the official Twitter, Polkadot released the 2022 annual review. As of now, the Polkadot ecosystem has 74 parachains, more than 300 Dapps, covering more than 550 projects and 2,500 monthly active developers.
After the launch of the secure cross-chain interoperability XCM (Cross-Consensus Message), more than 350,000 XCM transfers have been sent so far.
SubStrate has nearly 1,000 fork-free upgrades in 2022, including 15 upgrades on the Polkadot blockchain.
In addition, Polkadot also integrates Tether and USDC and launches decentralized trading platforms Polkdadex and Equilibrium to support DeFi. The next-generation blockchain governance system OpenGov is expected to be launched in the near future.

Andre Cronje: The development focus of Fantom next year includes Gas monetization and subsidies, account abstraction, etc.

Odaily News Andre Cronje released the Letter to the Fantom Foundation Team, mentioning the core focus of Fantoms plan in 2023. Next year, Fantom will focus on vertical developers, and the primary goal will be to create a sustainable environment for DApp developers to differentiate it from other public chains.
Core focus will include gas monetization, gas subsidies, account abstraction, economic abstraction of gas fees, new middleware (Fantom virtual machine, new storage mechanism), hardware constraints for optimized throughput (PebbleDB, flat storage, etc.), Update documentation and training for developers and non-blockchain developers, disclose financial status in a timely manner, provide funding and funding opportunities for DApp teams, and more.
Additionally, Andre Cronje mentioned that he has been formally nominated and accepted to be a member of the Fantom Foundation and Fantom Operations Board of Directors.

Waves founder released Waves 2.0 plan, including new stable currency, SafeFi model, etc.

Odaily News Waves founder Sasha Ivanov released the narrative plan for Waves 2.0 in 2023 on Twitter, including using the probabilistic consensus POS mechanism to achieve a TPS breakthrough of 1000 on L1 and maintaining complete decentralization, using multi-chain EVML2 to connect different L1s, launching a The Power DAO platform for KPI governance, SafeFi, a DeFi model based on predictable behavior and risk/reward ratio, and the launch of a stable currency based on adaptive DAO governance.

Privacy Blockchain Dusk Network to End Phase 1 of Incentivized Testnet by End of the Year

Odaily News According to official news, the privacy blockchain Dusk Network will end the first phase of the incentive testnet at the end of December, and will start the next phase in 2023.
Bottom layer-Layer 2

Bottom layer-Layer 2

Taiko, a zkRollup-based Layer 2 Ethereum network, releases its first public testnet

Odaily news Taiko, the Ethereum two-layer network based on zkRollup, released Alpha-1 (a 1) test network Snæfellsjökull. Its first public testnet supports developers to deploy smart contracts, and opens up functions such as transaction testing and L2 node operation to ordinary users.

Shiba Inus second-tier solution, Shibarium, may be launched early next year

Odaily News Shytoshi Kusama, the chief developer of Shiba Inu, recently tweeted that Shibarium, Shibas ecological Layer 2 blockchain solution, will come soon, but will not be launched during the New Year holidays, and reminded users to prepare for 2023.
infrastructure components

infrastructure components

There are still over 32 million unclaimed SAFE airdrops, and SafeDAO is discussing how to distribute these tokens

Odaily News With the end of the claim period on December 27, there are still more than 32 million SAFE Token airdrops allocated to users by Gnosis Safe that have not been claimed.
SafeDAO is discussing how to deal with airdrop allocations from unclaimed users. The current plans include:
1. This part of the Token will be allocated to users who have received the airdrop in proportion, which will be three times the distribution of the 10,000 community members who have received the airdrop, but a longer vesting period will be considered;
2. Use this part of Token to reward contributors in the encryption community;
3. remain in SafeDAO;
4. Mix the above three options, 15% of which will go to the second round of airdrops, 15% will be used as rewards for developers, and 70% will be kept in SafeDAO.

40% of Octopus Network core team members will leave, and team token incentives will be suspended indefinitely

Odaily News Louis Liu, the founder of Octopus Network, the NEAR ecological multi-chain network, posted that the core team of Octopus Network will launch a voluntary resignation plan to achieve restructuring. So far, about 40% of members (12 out of 30) will leave the core team through the program. The remaining team members accept a 20% salary cut, and the team token incentive is suspended indefinitely.
secondary title

DeFi

Uniswap Foundation Provides Grants Worth ~$2.7 Million to 33 Ecological Projects

Odaily News Uniswap released a 2022 review, stating that the total cumulative transaction volume of the agreement exceeded 1.2 trillion US dollars, and the 620 billion transaction volume in 2022 accounted for almost half of the total cumulative transaction volume.
In addition, the Uniswap Foundation, created by social voting this year, provided grants worth approximately $2.7 million to 33 projects working to build the Uniswap ecosystem.

Aave to Launch Stablecoin GHO Public Testnet in January

Odaily News Aave founder Stani Kulechov recently tweeted that the internal test network of Aaves native stablecoin GHO is progressing smoothly. Aave will release the GHO public testnet in early January 2023, and will also deploy Aave V3 on Ethereum.

Sushi unveils new token economics proposal that will incentivize liquidity and promote decentralization

Odaily News SushiSwaps new CEO Jared Gray announced a new token economics proposal aimed at increasing liquidity, creating more utility for its native token sushi, and maximizing value for stakeholders. The formal proposal stated that like the xSushi model that was originally hoped to be realized, the main goal of the new economics is to promote decentralized ownership and reward liquidity growth through a holistic and sustainable reward mechanism that scales with volume and fees .Our goal is to incentivize long-term participation in the sushi ecosystem while reducing the number of extraction participants.”
The proposal outlines four key changes to the protocol’s token economics. The biggest change is that staking Sushi (xSushi) will no longer be rewarded with transaction fee income, but will be rewarded with emission-based rewards paid in Sushi. The liquidity provider of the trading pool that generates the most trading volume will receive the majority of the Swap fee. Additionally, players can opt for a new time-lock mechanic to boost rewards. The floating ratio transaction fee will also be used to repurchase and destroy Sushi from the open market, and lock in liquidity to provide more price support. The final change will be to change Sushis emissions to 1-3% APY to reduce inflation and balance overall emissions with buybacks, burns, and locked liquidity used for price support for transaction fees . (The Block)

1inch Launches 1inchResolver Incentive Program

Odaily News 1inch launched the 1inchResolver Incentive Program, which aims to compensate the gas fee paid by the resolver to meet the users Fusion order. The plan will be launched on December 24, 2022, and a total of 10 million 1INCH tokens will be issued.

The BIT Repurchase Program proposal was passed, and a total of 100 million US dollars of BIT will be repurchased within 50 days

Odaily News BitDAO’s vote on the BIP-18 “BIT Buyback Program” proposal ended, 148 million BIT voted in favor, only 5 BIT voted against, and the proposal passed the vote. The proposal proposes setting a target daily purchase volume of $2 million USDT per day for 50 days starting January 1, 2023 (a total of $100 million USDT).

Decentralized auction platform Bounce releases 2023 vision and roadmap, will launch Bounce V3.1

Odaily News Decentralized auction platform Bounce has released its 2023 outlook and roadmap, and will launch Bounce V3.1, which will include improved fixed exchange functionality, company profiles for crypto startups, institutional investors and personal profiles, a forum for sharing A platform for entrepreneurial ideas and fundraising, etc.
Bounce V3 DeFi innovations include the implementation of merger and acquisition agreements, etc.; Bounce V3 micro-independent DeFi units will launch personal swaps, lending and derivatives functions, etc.

Neutrinos proposal to turn USDN into a multi-collateral asset with a soft peg vote passed

Odaily News Waves Ecological Stablecoin Protocol Neutrinos proposal to transform USDN into a multi-collateral asset with a soft anchor was voted through with a support rate of 99%.
It is reported that the project will not only be supported by WAVES, but also by accepting WX, SWOP, VIRES, EGG, and WEST as collateral, the Waves ecosystem team will donate a total of $15 million in tokens from each project directly to Neutrino as support , other ecosystem tokens can be added to the collateral later by voting. Additionally, the project will reactivate swaps between USDN and WAVES ecosystem tokens to incentivize users to burn USDN.

Gnosis Launches Gnosis Protocol, a Decentralized Trading Protocol, Using a Ring Trading Mechanism to Improve Liquidity

Odaily News Ethereum prediction platform Gnosis announced the launch of Gnosis Protocol. Gnosis Protocol is a completely permissionless DEX (decentralized exchange protocol) that supports a new mechanism of ring trading to maximize liquidity. Ring trades are order settlements that share liquidity across all orders, rather than for individual token pairs. The Gnosis Protocol specifically improves liquidity for illiquid or long tail tokens, such as prediction market outcome tokens, by facilitating transactions that are not normally possible with traditional trading protocols. The agreement not only executes all orders, but also executes them with the best possible order settlement.

NFT

NFT marketplace Blur will launch BLUR tokens at the end of January 2023

Odaily News According to the official Twitter, the NFT market Blur announced that its native token BLUR will be launched at the end of January 2023. The team will announce more details and the exact date of token issuance as soon as possible in the next two weeks.
Additionally, the ongoing airdrop event AirDrop 3 will continue until the BLUR token launch, and all Care Packages during the airdrop will also be available within the same timeframe.

Blur will enforce minimum royalties on immutable NFT series and airdrop Blur tokens to creators of NFT series traded on Blur

Odaily News According to the official Twitter, the NFT market Blur announced that it will implement the minimum royalties for immutable NFT series (immutable collections) from 4:00 on January 3, Beijing time, which will not affect the existing listing. In addition, Blur will also airdrop BLUR tokens to the creators of NFT series traded on Blur, and the snapshot has been completed. Blur will continue to collect full royalties on series that use the filter registry and whitelist Blur. Blur will continue to have a 0% marketplace fee, the new scheme is only available for existing/immutable series that cannot adopt the filter registry.
It is reported that Blur first enforces a minimum royalty of 0.5% on immutable NFT series, and will increase the minimum royalty over time (0.5% to start, then 1%, 1.5%, 2%, etc.), Blur said, That would allow it to increase Blurs royalties while preventing new markets from avoiding them. Additionally, most of the BLUR tokens will be distributed to the community including traders, collectors and creators.

LooksRare will start the third production reduction on January 2, and the number of new LOOKS per block will drop from 150 to 80

Odaily News LooksRare released the details of the third reduction in production of LOOKS tokens, and will enter the final issuance period of LOOKS tokens, which will last for about 12 months (2,346,250 blocks). Phase 4 starts at block height 14757012 (expected on January 2, 2023), and the number of new LOOKS per block will drop from 150 to 80 LOOKS. This will affect staking rewards, trading volume rewards (i.e. listing and trading rewards), and LOOKS for team and fund management.

Kraken Launches NFT Marketplace Beta

Odaily news Cryptocurrency trading platform Kraken has launched a beta version of the NFT market. The platform has included more than 110 NFT series such as BAYC, Azuki, Doodles, and CryptoPunks, but currently only supports NFT series on the Ethereum and Solana blockchains. Follow-up Kraken NFT will add more blockchain support.

Moonbirds Parent Company PROOF to Start Grails Season 3 Cast on January 17th

Odaily News According to the official Twitter, PROOF, the parent company of Moonbirds, announced that it has launched the third season of Grails (Grails III) and a new casting mechanism. Grails III casting will open at 23:00 on January 17, 2023, Beijing time. The second season of Grails II is similar, but introduces new mechanics.
In the third season of Grails III, the selected NFT will be marked as edition or series. Different types correspond to different available supply. The total supply of NFT marked as edition is only 50 pieces , the total supply of NFTs marked series is 150. Users not only have to choose which type of Grail to mint, but also when to mint. Minting Grail requires a Grails III Mint Pass, which is airdropped to PROOF Collective NFT holders.

The floor price of Pudgy Penguins breaks through 7 ETH, setting a new record high in the currency standard

Odaily News After the floor price on December 27 has risen to 6 ETH, a record high in the Dash standard, the floor price of the NFT project Fat Penguin Pudgy Penguins broke through 7 ETH on December 28. According to NFTGo.io data, it has now reached 7.1 ETH, another currency-based record high, rose by 30.28% in the past 24 hours, and its transaction volume was close to 2200 ETH, an increase of 159.20%. In addition, the current total transaction volume of this series of NFTs has reached 216.43 million US dollars, and the market value has touched 91.32 million US dollars.
It is reported that this rise ends the year-long decline of Pudgy Penguins, the NFT series has been at a trough in terms of price since 2022, but rebounded after the change of ownership and renewed focus on the brand.

Previously, Pudgy Penguins CEO Luca Schnetzler had stated that the project would return part of the profits to holders.

Solana ecological NFT project y 00 ts will be bridged to Polygon in Q1 next year

Odaily news The Solana ecological NFT project y 00 ts tweeted that it will be bridged to Polygon in the first quarter of next year, and detailed information will be released after it is ready and tested. Meanwhile, y 00 ts will release a more official y 00 ts: Season 2 roadmap in January.

Solana ecological NFT project DeGods will be bridged to Ethereum in Q1 next year

game

game

Axie Infinity: Homelands first Alpha is live

Odaily’s chain game Axie Infinity officially stated that the first Alpha version of Axie Infinity: Homeland is now online. Landholders can experience it through Mavis Hub on Windows and Mac. Non-landholders can participate after purchasing land.
The chain game The Lost Land has completed a $2 million seed round of financing and will be publicly released early next year

The chain game The Lost Land has completed a $2 million seed round of financing and will be publicly released early next year

security incident
It is reported that the chain game The Lost Land was developed by Monster Labs, which combines various elements, such as role-playing, overall combat and strategy formulation. At present, the alpha testing of the game has been completed and the game is undergoing beta testing and will be released to the public early next year. In addition, The Lost Land plans to officially list its tokens on CEX in 2023, will also start the NFT pledge and leasing process, and also plans to sell related NFT blind boxes on the Binance NFT market.

security incident

BitKeep was attacked, resulting in the theft of user assets on multiple chains, and the stolen amount was about 8 million US dollars

Odaily News According to the Beosin EagleEye security risk monitoring, early warning and blocking platform monitoring of the blockchain security audit company Beosin, the multi-chain wallet BitKeep was attacked. It was discovered through the Beosin KYT virtual asset anti-money laundering compliance and analysis platform Assets of online users have been stolen, and the loss of BNB Chain alone has exceeded 3 million US dollars. Beosin is calculating the loss of multiple chains, and the attack is still in progress. Wallet users are advised to transfer funds to a secure address.
Afterwards, according to BitKeep statistics, the amount stolen in this incident was about 8 million US dollars.

BIT Mining Subsidiary BTC.com Attacked, Stolen About $3 Million

Odaily news The encryption mining company BIT Mining announced today that the company’s subsidiary BTC.com was attacked by a network on December 3, 2022, and some digital assets were stolen, including BTC.com user assets worth about 700,000 US dollars, and Company assets worth approximately $2.3 million. It is reported that the company has reported the matter to law enforcement agencies in Shenzhen, China, and some digital assets of BTC.com have been protected. The local department has launched an investigation to collect evidence on December 23, 2022, and requested relevant departments to assist in the investigation. The company will make every effort to recover the stolen digital assets.
At present, BTC.com is operating normally, except for digital asset services, customer fund services are not affected.

Defrost Finance: Hackers have refunded the stolen funds and will return them to users as soon as possible

Odaily News Defrost Finance, the Avalanche ecological native stablecoin project, just tweeted, Hackers have returned the stolen funds to Defrost Finance. Affected users will soon be able to get their assets back.

Raydium Launches Proposal to Compensate Investors Lost in Hack

Odaily News Raydium launched a proposal to compensate investors damaged in the hacking incident. Compensation funds come from two sources:
1. Use multi-signature to deploy withdrawPNL, and the fees earned by these PNL will be used to buy back RAY.
2. Utilize treasury assets to compensate liquidity providers.
Currently, this proposal has been voted on and will end in 2 days.

Pie Shield: Rug Pull occurred at Snowflake Finance, and the social media account and website of the project have been offline

Odaily News According to Paidun monitoring, its community contributors found that the Snowflake Finance project had a Rug Pull, and the social media account and website of the project were offline.

Original article, author:Azuma。Reprint/Content Collaboration/For Reporting, Please Contact report@odaily.email;Illegal reprinting must be punished by law.

ODAILY reminds readers to establish correct monetary and investment concepts, rationally view blockchain, and effectively improve risk awareness; We can actively report and report any illegal or criminal clues discovered to relevant departments.

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