Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
1. Overall overview
Author | Qin Xiaofeng
Editor | Hao Fangzhou
Produced | Odaily
Martin Köppelmann, co-founder of Gnosis, the decentralized infrastructure of the Ethereum ecosystem, revealed on Twitter that he has donated 10 ETH to AssangeDAO. Ethereum co-founder Vitalik Buterin commented, "I donated too." Data on the chain shows that he donated 10 ETH.
Second, the secondary market
1. Spot market
On February 9th, AssangeDAO’s donation page on JuiceBox showed that the second round of donations had ended. The two rounds of donations lasted 5 days and raised a total of 17,422 Ethereum, making it JuiceBox’s largest DAO to date. In addition, AssangeDAO has launched two proposals in the community, one is the bidding strategy for the upcoming NFT auction, and the other is the proposal for the immediate distribution of governance token JUSTICE. Two proposals are currently under discussion in the community.
In terms of the secondary market, the current ETH price may pull back slightly in the short term, with support at $2,700, $2,500, and resistance at $3,000.
According to OKX market data, the price of ETH once rebounded to US$3,280 last week, then fell to around US$2,800, and closed at US$2,919 during the week, a month-on-month decrease of 2%.
2. Large transaction
OKlink dataThe daily chart shows that the price is currently on the middle track of the Bollinger Band, and the price may continue to test the $3,000 mark in the short term; the lower support levels are $2,833 (the middle track of the Bollinger Band), $2,500, and the upper resistance levels are $3,000 and $3,283 .
3. Rich list address
OKlink dataIt shows that the number of on-chain transfers dropped slightly last week, with "above 1,000 ETH", "above 2,000 ETH" and "above 5,000 ETH" decreasing by 8%, 10%, and 12.7% month-on-month, respectively.
3. Ecology and technology
1. Technological progress
The Ethereum expansion solution Optimism posted a blog stating that its team received a warning from Jay Freeman on February 2, saying that there was a critical vulnerability in Optimism’s Geth fork, which made it possible to repeatedly trigger the SELFDESTRUCT operation on the contract holding the ETH balance. code, ETH can be created on Optimism.
Analysis of the Optimism chain history shows that the bug was not exploited. Within hours of identifying the issue, Optimism tested and deployed the bug fix to Optimism’s Kovan network and mainnet. Multiple vulnerable Optimism forks and bridge providers were also alerted to the issue, and those projects have now applied the required fixes. The official also stated that if any parties involved are running a copy, please make sure to upgrade to l2geth version 0.5.11 as soon as possible, otherwise they may lose synchronization with the rest of the network.
3. Ecology and technology
David Schwartz, head of the Polygon Hermez project, an expansion solution for Ethereum, released the Proof-of-Efficiency (PoE, Proof-of-Efficiency) model as a zk-rollups consensus mechanism, aiming to solve the decentralization that exists in L2 with zk-rollups as a solution and the permissionless verifier problem, laying the foundation for the realization of zkEVM.
2. Voice of the Community
As part of the official Immunefi bug bounty program, Optimism says it will award bounties of up to $2,000,042 to bug disclosers.
(2) Polygon Hermez plans to adopt the PoE consensus mechanism
2. Voice of the Community
3. Project trends
FSInsight: BTC price may reach $200,000 this year, ETH may reach $12,000
FS Insight said in the report "Digital Assets in a Post-Cycle World" that Bitcoin was increasingly correlated with the stock market at the end of the fourth quarter of last year, and Bitcoin prices fell when faced with the prospect of central bank tightening.
Sean Farrell, head of digital asset strategy at FS Insights, wrote in the report that the correlation between Bitcoin and the broader crypto market is now becoming more pronounced with tech stocks due to "traditional market capital entering the market." Bitcoin is still king, and the price of Bitcoin may reach $200,000 in the second half of this year.
FSInsight also stated that DeFi, NFT and other Web 3 applications have driven the massive growth of the Ethereum network. According to the report, Ethereum is undervalued relative to cloud platforms, and the price of ETH may reach $12,000 in 2022. (CoinDesk)
Polygon, an Ethereum scaling solution, completes $450 million in financing led by Sequoia Capital India, SoftBank, Tiger Global, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Sino Global Capital, Variant Fund and Kevin O'leary participated in the investment. Polygon is aggressively expanding its portfolio of Ethereum scaling solutions and working to attract a larger developer ecosystem.
Polygon co-founder Sandeep Nailwal said in an interview that Polygon has spent nearly $1 billion in recent quarters to acquire companies to expand its product range. (Techcrunch)
On February 9th, AssangeDAO’s donation page on JuiceBox showed that the second round of donations had ended. The two rounds of donations lasted 5 days and raised a total of 17,422 Ethereum, making it JuiceBox’s largest DAO to date. In addition, AssangeDAO has launched two proposals in the community, one is the bidding strategy for the upcoming NFT auction, and the other is the proposal for the immediate distribution of governance token JUSTICE. Two proposals are currently under discussion in the community.
(2) Polygon completed financing of US$450 million, led by Sequoia India
Polygon, an Ethereum scaling solution, completes $450 million in financing led by Sequoia Capital India, SoftBank, Tiger Global, Galaxy Digital, Republic Capital, Makers Fund, Alameda Research, Alan Howard, Alexis Ohanian, Steadview Capital, Elevation Capital, Animoca Brands, Spartan Fund, Dragonfly Capital, Sino Global Capital, Variant Fund and Kevin O'leary participated in the investment. Polygon is aggressively expanding its portfolio of Ethereum scaling solutions and working to attract a larger developer ecosystem.
Eden Network, the Ethereum priority transaction network, announced that it will focus on the research and development of the PoS chain in 2022 to cater to the booming multi-chain era. Eden Network will start its multi-chain expansion by entering the liquid staking ecosystem.
Eden Network stated that through new products, collaboration with the protocol and L1 partnership, it will use its expertise in core infrastructure tools to optimize the technology stack to provide users with better benefits while providing higher benefits for the protocol and L1. TVL.
(4) Game giant Ubisoft announced a partnership with The Sandbox
Gaming giant Ubisoft is continuing to explore new frontiers of Web3, announcing today a partnership with The Sandbox, which will bring its famous game franchises to the ethereum-based metaspace gaming world. It is understood that Ubisoft will have its own LAND in the sandbox's shared online world, which the company can customize and monetize as needed. The publisher will launch its Rabbids franchise's interactive space in the sandbox, bringing blocky replicas of rabbit-like alien creatures that users can use in the game's VoxEdit and Game Maker tools. (Decrypt)
(5) Eden Network, the Ethereum priority transaction network, released the PoS chain expansion plan
Eden Network, the Ethereum priority transaction network, announced that it will focus on the research and development of the PoS chain in 2022 to cater to the booming multi-chain era. Eden Network will start its multi-chain expansion by entering the liquid staking ecosystem.
Eden Network stated that through new products, collaboration with the protocol and L1 partnership, it will use its expertise in core infrastructure tools to optimize the technology stack to provide users with better benefits while providing higher benefits for the protocol and L1. TVL.
The well-known Japanese game company Bandai Namco and Sega have launched a game-specific blockchain project called Oasys. Founding members of the project include Hajime Nakatani, Director of Bandai Namco Research Institute, Shufumi Utsumi, Vice President of Sega, Hironobu Ueno, CEO of double jump.tokyo, and Hiroshi Kunimitsu, CEO of Thirdverse. The project adopts the proprietary "Oasys architecture", which combines the first and second layer technologies, is compatible with EVM (Ethereum Virtual Machine), and supports multiple chains, using the Proof of Stake (PoS) consensus mechanism. In addition, the company will provide transaction services for businesses considering issuing and selling NFTs on the blockchain without charging users. (CoinDesk Japan)
4. Borrowing
Defipulse(7) Mortgage lending agreement Vesta Finance officially launched
According to official news, Vesta Finance, an over-collateralized lending agreement based on Ethereum, is officially launched. Users can use ETH, renBTC and gOHM to mint VST and farm in FRAX and VST Curve pools and stability pools. In addition, Vesta Finance will publish product and token economics roadmap.
4. Borrowing
(data from etherchain.org)
etherchain.orgFrom the perspective of a single project, the top three locked positions are: Maker 16.84 billion US dollars; Curve 11.5 billion US dollars; Aave 10.62 billion US dollars.
4. News
5. Mining
image description
(data from etherchain.org)
The data shows that last week, the average computing power rose by 1.1% month-on-month, temporarily reporting 1025TH/s; the average mining difficulty rose by 1.7% month-on-month, temporarily reporting 13003T; the activity on the chain increased by 2.6% month-on-month, and the total mining revenue decreased by 6.8% month-on-month.
