During the week from November 14th to November 20th, the developments worthy of attention are as follows:Solana Foundation Announces Details of Its FTX Account Assets；LFG Releases Audit Report of Third-Party Audit Firm JS Hel；ATOM 2.0 Proposal Failed；Sui Launches Testnet Wave 1, a Testnet Focused on Operators；The StarkNet token contract has been deployed to the Ethereum mainnet；Chainlink announces that its NFT floor price feed service will be launched on Ethereum；Chainlink announces that its NFT floor price feed service will be launched on Ethereum；Development funding for cross-chain protocol Ren only lasts until Q4；MakerDAO launches Maker Teleport, a multi-chain transmission infrastructure for DAI；X2Y2 announces it will enforce royalties on all NFTs。
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Bottom-Layer1
Odaily News The Solana Foundation disclosed FTX-related information and said: As of November 14, 2022, its assets in the FTX.com account include (as of November 6 when FTX.com stops processing withdrawals): about 3.24 million common shares of FTX Trading LTD, about 3.43 million FTT tokens, and about 134.54 million SRM tokens.
In addition, as of November 10, 2022, in terms of assets encapsulated on the Solana chain affected by the Sollet custody bridge, the total exposure value of Sollet-based assets circulating on Solana is approximately $40 million, and the status of the underlying assets is currently unknown.
LFG Audit Report: Over $3.4 billion was spent to maintain the UST price anchor
Odaily News Luna Foundation Guard (LFG) released the third-party audit company JS Hel audit report on its official blog, involving LFG's transactions and blockchain records from May 8 to May 12, 2022.
The report shows that LFG spent about $2.8 billion (80,081 BTC and 49.8 million stablecoins) to defend the price anchor of TerraUSD (UST), which is consistent with LFG’s tweet on May 16, 2022. In addition, TFL (Terraform Labs) spent $613 million of its own funds to defend the UST anchor. All of LFG's funds are used to defend UST and the USD peg, and LFG's remaining assets are the only remaining funds.
“Unfortunately, while these reserves were insufficient to withstand extreme market volatility and eventual decoupling of UST, LFG fully fulfilled its mandate to do everything within its resources to prevent this outcome.”
It is reported that in order to help the audit, JS Held was allowed to enter the chain wallet and the transaction account of the CEX used by the defense, and used the main raw data instead of relying solely on TFL's statement.
Odaily News The ATOM 2.0 proposal was not passed because the No With Veto voting ratio exceeded 33.4% (37.39% at the end). The proposal started voting on October 31, Beijing time, involving the new version of the white paper, including allowing other chains to use the Hub to protect their own network, and after a 36-month transition period, reducing the number of new ATOMs per month from index issuance to Changes such as constant quantities.
Cardano to Launch New Privacy Sidechain Midnight
Odaily News IOG (Input Output Global), the development company behind Cardano, will launch a new privacy-focused blockchain, Midnight, and a token called "dust".
IOG CEO Charles Hoskinson said at an event held at the University of Edinburgh in Scotland on Friday that Midnight, based on zero-knowledge proof technology, is one of many sidechains currently deployed around Cardano and will surpass previous ones by providing zero-knowledge proof smart contracts. A privacy coin project, the network will strive to preserve privacy while allowing access to regulators and auditors. (CoinDesk)
Sui Launches Operator-Focused Testnet Wave 1, Covering Independent Validators
According to the official announcement, Sui, the Layer 1 public chain developed by Mysten Labs, announced the launch of Testnet Wave 1, which focuses on operators, especially validators and full-node operators. According to the official statement, the test network will run for about two to three weeks and will be closed when the goal is achieved. This is the first instance of cooperation between Sui Network and non-Mysten Labs operators, and it is also an important step towards the decentralized Sui main network. step.
According to reports, the biggest advancement from Devnet (developer network) to Testnet Wave 1 is the inclusion of independent validators. Under Devnet, Mysten Labs runs four validators to verify transactions on the network, while Testnet Wave 1 includes 20 third-party validators screened from the application process and more than 500 validators jointly funded by Mysten Labs and selected community members. Full node in operation.
The official emphasized that there is currently no SUI airdrop plan, and no prizes will be provided for interacting with the testnet.
Ava Labs Founder: Little to no exposure to FTX and no investment in each other
Odaily News Ava Labs founder and CEO Emin Gün Sirer said on Twitter Spaces on Wednesday that he is relieved that Avalanche has almost no FTX exposure. The real problem started with SBF engaging in market manipulation to prop up the value of certain tokens for collateralized lending. And Ava Labs did not accept any investment from FTX, nor did it invest in FTX. I considered becoming an investor in FTX before, but Avalanche decided to give up.
Odaily News The Fantom Foundation announced that it will launch a funding program through the Gitcoin new grant agreement Grants Protocol, allowing ecosystem builders within Fantom to participate in the test round of the Gitcoin new grant agreement. Currently, project parties are allowed to apply on the Gitcoin Grants Hub.
Fuel launches Beta-2 test network, adding cross-chain bridging function
Odaily News Fuel Labs, the Ethereum expansion team, 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 connected to Ethereum, and a single shared network , Faucet, GraphQL endpoint, no whitelist, block explorer, developers participating in Beta-2 can build and test cross-chain dApps.
Fuel developer Fuel Labs stated that since the first public Fuel testnet “Beta-1”, Fuel had more than 130,000 transactions in a period of 2 months, and 10 applications were publicly launched on Fuel.
Public chain Sei Network will release Seinami testnet NFT
Odaily News Layer1 public chain SeiNetwork tweeted that starting from November 8th, users who use the Cosmos wallet to conduct more than 10 transactions on the Seinami test network will be eligible to mint "Dawn" SeiNFT.
Waves Founder: Alameda Research Holds Over $90 Million in Vires Finance
Odaily news Sasha Ivanov, founder of Waves, founder of Vires Finance and community advisor, issued a statement stating that Alameda Research held a position of USD 90,359,718.855452 in the USDN contract of Vires Finance. Sam Trabucco, CEO of Alameda Research, also confirmed that it was minted by mortgaging WAVES USDN to short WAVES.
After the bad debts of Vires Finance occurred, Sasha Ivanov and his consultants discussed with Alameda how to solve the crisis, but Alameda refused to provide help.
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Bottom-Layer2
The StarkNet token contract has been deployed to the Ethereum mainnet
Matter Labs Completes $200M Series C Funding Led by Blockchain Capital and Dragonfly
Matter Labs Completes $200M Series C Funding Led by Blockchain Capital and Dragonfly
Matter Labs, which did not disclose a valuation, brings its total funding to $458 million. Additionally, Matter Labs has committed to submitting its core software under the MIT open source license by the end of 2022, meaning third parties will be allowed to view, use and enhance zkSync’s code. (CoinDesk)
Matter Labs, which did not disclose a valuation, brings its total funding to $458 million. Additionally, Matter Labs has committed to submitting its core software under the MIT open source license by the end of 2022, meaning third parties will be allowed to view, use and enhance zkSync’s code. (CoinDesk)
Arbitrum One network adds validator nodes
Odaily News Arbitrum One network has added a validator node. Currently validator nodes include ConsenSys, Ethereum Foundation, L2BEAT, Mycelium, Offchain Labs, P2P, Quicknode, Distributed Ledgers Research Center (DLRC) under the Institute for the Future (IFF), and Unit 410.
Aztec Network announces integrated lending protocol Aave
Chainlink announces that its NFT floor price feed service will be launched on Ethereum
infrastructure components
Chainlink announces that its NFT floor price feed service will be launched on Ethereum
Odaily News Chainlink, a decentralized oracle network, announced that Chainlink NFT Floor Pricing Feeds has been launched on the Ethereum mainnet. The price feed service first supports 10 NFT series, including BAYC, MAYC, CryptoPunks, Azuki, Doodles, CrypToadz, etc.
Safe: Grants totaling $1M for teams advancing 'hybrid hosting'
Odaily News The digital asset management platform Safe (formerly Gnosis Safe) posted on social media that the continuous fermentation of FTX related events in the near future has proved the inherent counterparty risk of centralized encryption custodians. At the same time, external accounts (EOAs) used by most users create single points of failure, such as lost private keys or being hacked or phished.
The Safe Foundation has pledged to provide a total of $1 million in grants to projects/teams working to advance self-hosting, hybrid hosting, including: regulators and researchers exploring the framework; evangelists helping new users understand self-hosting; Safe builds innovative hybrid hosting solutions, tools or infrastructure builders.
Trust Wallet released a new web browser extension wallet
Odaily News Self-hosted multi-chain encrypted asset mobile wallet Trust Wallet announced the launch of a new web browser extension wallet, which supports all EVM blockchains including Ethereum and BNB Chain and Solana, and can be used for Chrome, Brave, Opera, etc. browser.
Odaily News The cross-chain protocol Ren stated that Alameda cooperated with Ren's former leadership to acquire Ren, but due to Alameda's bankruptcy, the funds provided to the Ren development team only lasted until the fourth quarter. Ren is currently negotiating with investors to continue to promote development, and plans to launch Ren 2.0 earlier than expected. The website will also be hosted on IPFS, with control transferred to RenDAO.
Across Protocol will issue Token ACX on November 28
The cross-chain bridge Across Protocol will hold the "ACX Token Launch Party" at 22:00 on November 28 to officially issue its native token ACX.
ENS Redirect website project ENS Redirect officially launched
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DeFi
Uniswap Labs Releases Two New Smart Contracts: Permit2 and Universal Router
According to the official blog, Uniswap Labs released two new smart contracts, the token approval contract Permit2 and the integrated universal router Universal Router. Both Permit2 and Universal Router are non-upgradeable, ownerless open-source contracts that have been deployed to Ethereum, Optimism, Arbitrum, Polygon, and Celo.
According to reports, Permit2 can share and manage tokens between different smart contracts, and Universal Router can integrate ERC20 and NFT Swap into a single router's Universal Router. Uniswap Labs is now running separate bug bounty programs for the two contracts to ensure the Uniswap contract meets the highest security standards.
MakerDAO launches Maker Teleport, a multi-chain transmission infrastructure for DAI
Odaily News According to the official Twitter, MakerDAO announced the launch of Maker Teleport, which aims to provide DAI with a multi-chain transmission infrastructure. Maker Teleport is built by MakerDAO Engineering Core Unit, and its deployment is divided into two stages: fast withdrawal and Layer2 to Layer2 complete transfer. Now Maker Teleport has implemented fast withdrawals, allowing users to instantly transfer DAI from Layer2 to Layer1.
At present, fast withdrawals have been launched on Arbitrum and Optimism, and the debt limit is 1 million DAI. Maker said that in future upgrades, users will be able to instantly transfer DAI between Layer 2. At the same time, Maker announced that it will provide a grant plan of up to 10,000 DAI for developers who want to integrate Maker Teleport.
According to official news from Odaily, Gearbox Protocol, a DeFi composable leverage protocol, will release a proposal for launching TokenGEAR in a few days. The implementation of the proposal and the transferability of Token are expected to be implemented in early December. According to a previous proposal, the Token issuance will be divided into two stages. The first stage is to sell 150 million GEAR through the GnosisAuction auction, with a starting price of $0.015, and the auction will last for 3 days; the second stage is to establish a GEAR on Balancer. Liquidity pool, and with GEAR transferability enabled, all funds raised in GnosisAuction will be converted to ETH and paired with GEAR of equal value (priced according to Gnosis auction) and deposited into a new 50/50 liquidity pool on Balancer .
Velodrome will distribute 4 million OP to the community in the next six months
Odaily News DEX Velodrome on the Optimism chain tweeted that it will distribute 4 million OPs to the community in the next six months to promote the development of the entire Optimism ecosystem.
It is reported that the incentive plan is named Tour de OP and is expected to be launched on November 24.
Raydium: Serum has suspended market making and does not share liquidity with Serum
Odaily news Solana ecological decentralized trading platform Raydium stated that in order to limit the risk of third-party agreements, Raydium has suspended Serum market making and does not share liquidity with Serum. Currently 100% of AMM liquidity is in Raydium’s own pool. The transactions in the Raydium liquidity pool will not be affected, and the platform will suspend the function of placing orders on the Serum platform on November 21.
Solana’s ecological income aggregator Tulip Protocol suspends deposits, users can withdraw
Odaily News Solana ecological income aggregator and leveraged income farming platform Tulip Protocol announced that it has suspended loan deposits, new leveraged positions, and whirlpool deposits until the liquidity on the chain is stabilized/improved. Users can still withdraw from lending/whirlpool strategies, and manage/close out leveraged positions.
NFT
X2Y2 announces it will enforce royalties on all NFTs
Odaily News X2Y2 announced that it will enforce royalties for all collections. An hour ago, X2Y2 used OperatorFilter to remove the "flexible royalty" setting for all newly listed NFTs. In order to obtain a more unified and smoother user experience, royalties are also levied on listed NFTs.
SuperRare RarePass NFT has sold out and earned over $4.5 million
Odaily News The NFT collector's pass RarePass:Genesis launched by NFT art market SuperRare has been sold out, with a total revenue of more than 3,000 ETH (about 4.5 million US dollars). Among them, RarePass #1 NFT pass was sold at a price of 138 ETH through a timed auction. The remaining NFTs were auctioned in Dutch style, and finally sold at a price of 17.25 ETH each. RarePass NFT is a Pass-type NFT, which represents the qualification certificate for participating in an art experiment, with a total of 250 pieces. At present, RarePass has opened the secondary market and can be traded in the trading markets of OpenSea and SuperRare. (Crast)
BendDAO: There is no liquidity crisis, only a group of greedy people who want cheaper blue-chip NFTs
Odaily News PirateCode.eth, the co-founder of the NFT lending agreement BendDAO, tweeted, "I hope people will stop spreading rumors about BendDAO. There is no liquidity crisis. Only a group of greedy people want better and cheaper blue chips (NFT). You should Hate the rumormongers, not the builders."
NFTScan officially announced the launch of NFTScan as a Service
Odaily news NFTScan officially announced the launch of NFTScan as a Service service, bringing exclusive NFT data infrastructure to more new public chains, which will better promote the prosperity and development of NFT ecology. NFTScan is a professional NFT data infrastructure that currently supports nine blockchain networks including Ethereum, BSC, Polygon, Solana, Arbitrum, and Optimism.
Yuga Labs Announces Acquisition of WENEW Labs and Its Flagship NFT Series 10KTF
Odaily News BAYC parent company Yuga Labs acquired WENEW Labs and its NFT series 10KTF, and will work together to promote the intersection of metaverse and reality by telling creative stories and creating immersive experiences.
Adidas to Give Physical Rewards to 'Into The Metaverse' NFT Holders
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Chain game association YGG launches new Reward Vaults
Odaily news chain game association Yield Guild Games (YGG) has launched a new Reward Vaults. Users with guild badges can pledge YGG tokens on the new Polygon Reward Vaults and get League of Kingdoms and Thetan Arena token rewards.
YGG said that the previous Reward Vaults included two projects, Aavegotchi and Crypto Unicorns, with a total of more than 3.5 million YGG tokens pledged.
NFT gaming platform Sorare to expand free access to games
Odaily News The French National Gaming Authority (ANJ) said in a statement on Friday that the NFT game platform Sorare has agreed to modify the rules of its NFT football trading game. As part of the deal, Sorare said it will expand free access to the game. If the company fails to complete the initiative by the end of March, it will be fined up to 5% of the company's turnover.
In addition, the ANJ also called for the "rapid development" of legislation to accommodate Web3. (CoinDesk)
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