During the week from November 28th to December 4th, the developments worthy of attention are as follows:Aptos Labs announces wallet address to ensure transparency; the "Polkadot Alliance" on the chain is established; StarkNet has minted 10 billion STRK tokens; MetaMask joint innovation: ready to abandon the Apple ecosystem; Chainlink pledge agreement lock-up period will be 12-24 months ; REN Protocol released the 2.0 proposal; Uniswap officially launched the NFT market; OpenSea has supported BNB Chain; Blur's second airdrop will be launched on December 5; Ankr was hacked, and 10 trillion aBNBc were minted.
Bottom-Layer 1
Bottom-Layer 1
Aptos Labs Publishes Wallet Addresses for Transparency
Odaily News Aptos Labs responded to Binance’s industry recovery plan, saying: Maintaining transparency is the key to Web 3, and announced its wallet address, the specific address is: 0x1DA550E32FCFBC8C4AE6A84B26640BC27A3B99918.
Sui Network: Community members can apply for entrusting SUI to start a verification node
Odaily News According to the official announcement, the Layer1 public chain Sui Network announced the SUI delegation plan. Community members will be able to apply to the Sui Foundation for the entrusted token SUI to start its verification node operation, aiming to achieve decentralization and support Sui community members to participate in Sui operate. The Sui Foundation will be the largest holder of SUI tokens at mainnet launch and plans to actively use the funds to support its mission, more details on token distribution will be announced soon.
On-chain 'Polkadot Alliance' launched to build community ethics
Odaily News The seven teams from Polkadot ecology, Acala, Astar, Interlay, KILT Protocol, Moonbeam, Subscan and Phala announced the establishment of the Polkadot Alliance, which aims to establish and maintain a set of ethics for the community to follow. The coalition will live on-chain, develop ethical guidelines around brand usage, investigate scams and harmful behavior, while also honoring teams that have actively contributed to the growth of the Polkadot network.
Solana Labs' $250M Social Media and Gaming Fund Has Only Partially Deployed Over the Past Year
Odaily News Solana Labs CEO Anatoly Yakovenko said in an interview at Breakpoint 2022 in Lisbon that over the past year, Solana Labs’ total encrypted social and game funds of US$250 million have only used part of the funds for deployment, focusing on small seed round investments, of which social media Funds have deployed "far less than half" of the amount so far. Current social media offerings include Dispatch, Squads, Dialect, and Wordcell, and 37 games are live or ready to go. It is reported that Solana Labs announced the establishment of two flagship funds at Breakpoint 2021: a $100 million fund focused on decentralized social media and a $150 million fund to support blockchain games. (The Block)
Andre Cronje: Fantom holds more than $300 million in assets and annual revenue exceeds $10 million
Odaily News Andre Cronje issued an article introducing Fantom's financial situation. As of November 2022, Fantom still holds more than 450 million FTMs (approximately US$80 million at current prices), more than US$100 million in stablecoins, more than US$100 million (other) encrypted assets, and US$50 million in non-encrypted assets; The salary expenditure is about 7 million USD/year. Fantom currently has over $10 million in annual revenue (excluding any capital gains), is cash flow positive, and is still scaling.
Programmable privacy network Aleo incentivized testnet 3 to activate on December 2
Bottom layer-Layer 2
Bottom layer-Layer 2
StarkNet has minted 10 billion STRK tokens
Odaily News Etherscan data shows that StarkNet minted 10 billion STRK tokens.
The StarkNet performance roadmap is released, which will solve the key problem of the sequencer
Odaily News Today StarkNet announced its performance roadmap, Mainnet alpha has been upgraded to v0.10.2. The roadmap is designed to prepare for improving TPS. According to the roadmap, future upgrades include sequencer parallelization, a new Rust implementation of Cairo-VM, a reimplementation of the sequencer in Rust, and more.
ImmutableX launches NFT quotation function
Odaily News ImmutableX, the Ethereum NFT layer-2 expansion solution, announced the official launch of the NFT Offers (Offers) function, which allows NFT buyers to make offers on assets, and sellers can agree to the price proposed by the buyer to conclude a deal.
It is reported that the quotation function is currently in the testing stage, and it is only applicable to some NFT markets and listed assets in the ImmutableX ecosystem. After the test, the function will be enabled on all markets in the ecosystem and allow buyers to make offers on unlisted NFTs.
Loopring Launches Vote on Adding LRC Staking Function
infrastructure components
infrastructure components
Odaily News MetaMask co-founder Dan Finlay posted on social media that he supports the cryptocurrency industry to completely abandon the Apple App Store, and that its 30% in-app purchase tax is a manifestation of Apple's "abuse of monopoly". Dan Finlay calls for solidarity in the crypto industry, otherwise MetaMask and every other wallet will be subject to it. “As of now, Metamask is still available on the App Store, but we will be monitoring the situation closely in the coming weeks and months to ensure users continue to have unrestricted access to their crypto assets,” Dan Finlay said.
Odaily News According to the official announcement, Chainlink released the details of the pledge protocol v0.1. The initial 12-24 month lock-up period is based on a conservative release cycle, and more advanced features are included in each version. Smart contract development often involves long cycles to minimize duplication of audit and engineering efforts across multiple releases. But after talking directly with many community members and node operators, the team realized that the community needed faster iterations and more frequent releases, and the next version of Staking (v 0.2) is now scheduled to be released in 9-12 months, when v 0.1 participants can unlock or migrate their staked LINK and rewards.
Solana On-Chain Wallet Phantom Announces Support for Ethereum and Polygon
Odaily news Solana chain wallet Phantom announced support for Ethereum and Polygon. Brandom Millman, CEO and co-founder of Phantom, said that by adding support for Ethereum and Polygon, its service scope will be expanded to the three largest ecosystems in the encryption field, and it has also officially upgraded from a single-chain wallet to a multi-chain wallet . (TechCrunch)
DeFi Privacy Bridge Aztec Connect Launches Developer Testnet v1
Odaily News DeFi privacy bridge project Aztec Connect announced the launch of developer testnet v1. Developers can build and test through the test network, and users can also preview and test related functions without capital risk.
At present, the DeFi privacy bridge Aztec aggregator ZK.Money has launched the test network.
Across Protocol governance token ACX airdrop is open for application
Odaily News The cross-chain bridge Across Protocol airdrop governance token ACX has been opened for application.
REN Protocol Releases 2.0 Proposal
Odaily News REN Protocol released the version 2.0 proposal RFC-000-046, which outlines how the Ren ecosystem will transition to version 2.0 and ensure its continued development. Despite the bankruptcy of Alameda, by establishing a Swiss non-profit foundation (Ren Foundation) and minting new REN tokens to distribute to the Ren Foundation, it will be able to fund the development of developers and the ecosystem.
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DeFi
A new proposal from the Uniswap community proposes to deploy Uniswap V3 on the Scroll testnet
Odaily News The Ethereum L2 expansion solution Scroll has submitted a proposal for "Deploying UniswapV3 on the Scroll Testnet" in the Uniswap community. It is expected that the full deployment will take 2-3 weeks. The proposal is currently in the community discussion stage, and snapshot voting will start on December 1st.
Dozens of projects such as Lens, The Graph, Covalent, Empiric, Blockwallet, Ledger, Safe, Orbiter have committed to deploying to the Scroll testnet. The team expects to deploy more than 100 projects on the license-free testnet.
MakerDAO Community Rejects CoinShares Proposal to Invest Up to $500 Million USDC in Bonds
Odaily News The MakerDAO community has rejected the crypto investment company CoinShares’ community vote on using up to US$500 million USDC to invest in bonds, with an opposition rate of 72.43%.
CoinShares previously proposed to manage USDC between $100 million and $500 million and actively invest the funds in a portfolio of corporate bonds and government-backed bonds, aiming to provide returns that match the Secured Overnight Funding Rate (SOFR).
Aave v2 deactivated 17 low-liquidity asset pools such as YFI and CRV
Odaily News In order to prevent the CRV liquidity pool attack against Aave, the proposal to freeze the low liquidity pool issued by the Aave Governance Forum last Wednesday (November 23) has been implemented. This implementation has been completed on November 27, involving The 17 low-liquidity asset pools on Aavev2 are: YFI, CRV, ZRX, MANA, 1INCH, BAT, sUSD, ENJ, GUSD, AMPL, RAI, USDP, LUSD, xSUSHI, DPI, renFIL, and MKR.
The previous short CRV event caused Aave to generate about US$1.6 million in bad debts. Although Aave stated that it has sufficient funds to make up for the loss, the agreement hopes to avoid such incidents from happening again by deactivating the low-liquidity asset pool. (The Defiant)
Compound Proposal to Adjust Borrowing Cap Passed
Odaily News The decentralized financial lending platform Compound Finance's proposal to adjust the lending limit has been approved. The platform will update parameters to maintain the overall risk tolerance of the protocol, preventing "insolvency risk from liquidation cascading", "high utilization risk", while making risk trade-offs between specific assets.
Tokens with low liquidity on Compound will be affected to a certain extent. For example, the Token loan limit of Yearn.finance has been reduced from 1,500 to only 20, the loan limit of WBTC has been reduced to 1,250, and the loan limits of Uniswap and COMP have been reduced from 11.25 million respectively. and 150,000 were reduced to 550,000 and 18,000. (Cointelgraph)
Curve Finance is deployed to the Celo network
Odaily News Through the cooperation between the Celo Foundation, Curve, Stake DAO and Stake Capital, Curve Finance is deployed to the Celo network. (Businesswire)
Odaily News According to the official announcement, Serum, a Solana-based DeFi project, stated, "With the collapse of Alameda and FTX, the Serum program on the main network has become invalid. Since FTX has upgrade permissions, security is at risk, resulting in agreements such as Jupiter Aggregator and Raydium. Removal from Serum, however, is promising. There is an entire community effort to fork Serum, led by MangoMax".
The official said that the future of the SRM token is uncertain. Due to the exposure of FTX/Alameda, some members of the community suggested that it should still be used for discounts, and some members suggested that the token should not be used at all.
In addition, Serum also stated that "OpenBook, a forked version of the community-led Serum V3 program, is currently live on the Solana mainnet, and further efforts are being made to expand the project and its liquidity. This means that with the existence of Openbook, Serum's transaction volume and liquidity have been reduced to close to zero. After discovering the security risks of the old Serum code, users and protocols can safely use alternative forked versions, such as Openbook".
NFT
Uniswap officially launched the NFT market and will airdrop 5 million USDC to some Genie users
According to official news from Odaily, Uniswap announced the official launch of the NFT market/aggregation platform, which will airdrop approximately 5 million USDC to certain Genie historical users and provide gas returns to the first 22,000 NFT users. The specific airdrop rules will be based on the snapshot taken as of 00:00 UTC on April 15, 2022.
Initially, the aggregation platform will integrate OpenSea, X2Y2, LooksRare, Sudoswap, LarvaLabs, X2Y2, Foundation, NFT 20, and NFTX.
OpenSea has supported NFT based on BNB Chain
Odaily News OpenSea officially announced that it has officially integrated BNB Chain. Previously, OpenSea has supported Ethereum mainnet, Arbitrum, Avalanche, Klaytn, Optimism, Polygon, Solana and other chains.
LooksRare announced the integration of Uniswap applet, users can trade some tokens in the platform
Odaily News LooksRare announced that it has integrated the Uniswap applet (widget). Users can use the widget to trade some tokens directly on the LooksRare platform. Currently, the token assets that can be traded include LOOKS, ETH, APE, DAI, USDC, USDT, WETH and WBTC.
Magic Eden launches Open Creator Protocol, a new protocol that enforces creator royalties
Odaily News Solana ecological NFT market Magic Eden announced that starting from December 2, Magic Eden will launch an agreement that will charge royalties for all new collectibles that choose to use the tool. An open-source tool, the Open Creator Protocol (OCP), will allow creators who post collectibles to choose whether they want to protect royalties. For creators who have not adopted OCP for their NFTs, royalties will remain optional on the platform.
In addition, the new protocol offers Dynamic Royalty, a feature that outlines the relationship between NFT sale prices and royalty amounts based on a linear price curve, and customizable token transferability, allowing creators to rule out the trading behavior of their collections. change. Upon launch, the platform will host a free "Magic Mint" for users to test the Open Creator Protocol and its capabilities.
Blur's second airdrop will be launched on December 5th, and an airdrop reminder will be issued
Odaily News According to the official Twitter, the second airdrop of Blur in the NFT market will be launched next Monday (December 5).
In addition, airdrop reminders are released, including: the more NFTs listed, the more you can earn; blue-chip NFTs are more effective; NFTs can be listed on other markets through Blur, etc. The official also added a postscript suggesting that users complete 3 scans on the Blur market before the second airdrop comes.
NFT perpetual contract trading platform nftperp Beta mainnet launched
Odaily News NFT perpetual contract trading platform nftperp announced the official launch of the Beta mainnet. Users of the private beta whitelist can use real ETH for transactions, currently supporting BAYC/ETH, PUNKS/ETH trading pairs.
secondary title
security company
Ancilia: Ankr was hacked and 10 trillion aBNBc were minted
Odaily News According to the data monitoring of the security company Ancilia, the deployer key of Web3 infrastructure provider Ankr was suspected to be leaked, 10 trillion aBNBc was minted, and the liquidity of its trading pool on Pancakeswap was emptied, and the price of aBNBc has almost returned to zero. zero.
According to data on the chain, the 1,9 trillion ABNBC tokens are cast in TX: 0xe367D05E7FF37EB6D0B7D763495F218740C9793B6D8E72D3B947C86E33 and sent the addresses from 0xf3A4. It becomes USDC and WBNB. Subsequently, the address starting with 0xf3a4 transferred funds through Tornado and cBridge.
According to Odaily data on the chain, after the Web3 infrastructure provider Ankr was hacked, a user (0 xaab 2 ... dfc 3 ) mortgaged 10 BNB in exchange for more than 180,000 aBNBc, and mortgaged aBNBc on the lending platform helio to borrow More than 16 million stable coins Hay were issued, and then Hay was exchanged for more than 15 million Busd. The Hay liquidity pool was emptied and is currently suspended.
As of press time, the decentralized stablecoin HAY has been severely de-anchored, temporarily reported at $0.3266, a 24-hour drop of 67.4%. It is reported that HAY is a BNB-based USD over-collateralized decentralized stablecoin, which is deposited into aBNB-LP to mint HAY. At present, the official team stated that it has discovered the vulnerability and will notify the community as soon as more information is obtained.
