During the week from December 12th to December 18th, the developments worthy of attention are as follows:Sui releases the details of SUI token distribution, and the community reserve managed by the foundation accounts for 50%；Solana EVM compatibility solution Neon has been delayed；zkSync Delays Fair Onboarding Alpha and Full Launch Alpha Milestone Releases to Q1 and Q2 Next Year；Polygon zkEVM undergoing full audit；Aztec Closes $100M Series B Funding Led by a16z；Ethereum scaling solution Fuel plans to launch a full mainnet in 2023；Uniswap Foundation Launches Vote on Proposal to Change Community Governance Process；MakerDAO and GnosisDAO Join Forces to Form "DAO-to-DAO Strategic Alliance"；SushiSwap DAO's 2023 budget exceeds $5.2 million, 82% will be used for salaries；Trump Releases Personal NFT Collectibles on Polygon for $99 Each；Raydium: The cause of the attack was the leakage of the private key, and the total loss was about 4.395 million US dollars。
Bottom-Layer 1
Bottom-Layer 1
Odaily News The Sui Foundation released the details of the distribution of SUI token economics, in which the community reserves managed by the foundation accounted for 50%, early contributors accounted for 20%, investors accounted for 14%, Mysten laboratory treasury accounted for 10%, community access plans and App testers accounted for 6%, and stated that "the Sui Foundation will make rewarding and distributing SUI tokens to early Sui community members a top priority".
As previously reported, Sui announced the token economics model in May, with a total of 10 billion tokens, which have four uses: being mortgaged to participate in the proof-of-stake mechanism (PoS), paying Gas fees to perform transactions and other operations, and supporting the entire Sui economy. Multifunctional and liquid assets, participating in on-chain voting to play an important governance role.
Aptos to host hackathon in Seoul, South Korea in early February
Odaily News Aptos will hold the Aptos World Tour Hackathon in 2023, and the first hackathon will be held in Seoul, South Korea from February 1st to 3rd, 2023. Themes include games, NFT, DeFi, tools and infrastructure.
Odaily News BNB Chain announced the final list of 8 winning teams for the European Innovation Incubator Project: the first prize is Wallchain, the second prize is Cashmere Labs and Blockless, and the third prize is Cora Protocol, Vyper Protocol, AltLayer, Realfevr and Mummy.io.
Solana EVM Compatibility Neon Release Delayed, Early Builders Program Will Be Included
Odaily News Solana EVM Compatible Solution Neon issued an article saying that due to the third-party registration process, the release of the Neon EVM compatible main network has been postponed, but the technical preparations for the underlying code and mechanism are ready. In addition, the Neon Foundation plans to release " Early Builders Program to incorporate pioneering projects into the Neon EVM.
Odaily news Avalanche development team Ava Labs announced the release of the mobile version of the encrypted wallet Core Core Mobile. Core Mobile first launched on Android and is available for download on Google Play. Additionally, Ava Labs plans to launch Core Mobile for iOS on the Apple App Store in 2023.
Moonbeam Foundation Launches the First Accelerator Program Incubation Plan
Odaily News Moonbeam official news, Moonbeam Foundation, Arrington Capital and Rokk 3 r jointly launched the Moonbeam Accelerator Program. This phase of incubation will provide a series of supporting resources, including technical support, business model, marketing, financing opportunities, etc. The first batch of 10 team places will be open, and the plan will last for about 6 months. Applications are now open.
At the same time, resources such as the Moonbeam Grants program, the treasury program, the Moonbeam Arrington Ecological Growth Fund, and the Moonbeam developer community will cooperate with the incubation program.
Terra Classic Developers Successfully Restart IBC Channels
Odaily News Today, the IBC channel from the Terra Classic network to Osmosis has been restarted by the developer. This restart of IBC was proposed by core developer Edward Kim to keep up with changes in the Cosmos ecosystem. With the restart of the IBC channel, the liquidity of users trapped on the Terra Classic network can be repurposed.
Bottom layer-Layer 2
Bottom layer-Layer 2
zkSync Delays Fair Onboarding Alpha and Full Launch Alpha Milestone Releases to Q1 and Q2 Next Year
Upon reaching the Baby Alpha milestone in October, zkSync said it expects to reach Fair Onboarding Alpha in the fourth quarter of 2022 and Full Launch Alpha in the first quarter of 2023. The release will be postponed to make time for the ongoing security audit, which is expected to be completed by January 2023, the Fair Onboarding Alpha milestone is expected to be postponed to the first quarter of 2023, and the Full Launch Alpha will be postponed to the second quarter of 2023. second quarter. All product release dates will depend on network readiness and will be fully open source in the Fair Onboarding Alpha.
Upon reaching the Baby Alpha milestone in October, zkSync said it expects to reach Fair Onboarding Alpha in the fourth quarter of 2022 and Full Launch Alpha in the first quarter of 2023. The release will be postponed to make time for the ongoing security audit, which is expected to be completed by January 2023, the Fair Onboarding Alpha milestone is expected to be postponed to the first quarter of 2023, and the Full Launch Alpha will be postponed to the second quarter of 2023. second quarter. All product release dates will depend on network readiness and will be fully open source in the Fair Onboarding Alpha.
Odaily News StarkWare's L2 solution StarkNet has launched the first phase of governance "Protocol Change Voting". The voting process is: the foundation deploys an updated version of StarkNet to Goerli; voters have 6 days to check the upgraded version running on Goerli; If the proposal is approved by voters, there will be a 24+ hour delay before the upgrade is applied to the mainnet.
In addition, the first proposal to modify the StarkNet protocol will be voted on soon, which will involve whether to upgrade StarkNet Alpha to version 0.11. Voting participants are: token holders, representatives selected by token holders who are willing to delegate their voting rights, representatives elected by the StarkNet Foundation to exercise part of the voting rights, and a professional builders committee established by the StarkNet Foundation.
Polygon zkEVM undergoing full audit
Odaily News Polygon officially revealed that a comprehensive security audit of zkEVM has been launched. This audit will focus on the correctness and robustness of zkEVM, which is also the last key step that needs to be completed on the testnet before the mainnet goes live.
It is reported that two security companies, Spearbit and Hexens, are responsible for the relevant audit work, involving 37 audit components inside Polygon zkEVM, to ensure that it is safe and reliable when it is launched on the Ethereum mainnet.
Aztec completes $100 million in Series B financing led by a16z
Odaily News Aztec announced the completion of US$100 million in Series B financing, led by a16z, with participation from A Capital, Variant, SV Angel, HashKey Capital, Fenbushi Capital, and Alumni Ventures.
The financing will be used to expand the engineering team globally. Over the past year, the Aztec team has grown from seven to 40 people, and Aztec hopes to double that number in the short term.
Ethereum scaling solution Fuel plans to launch a full mainnet in 2023
Odaily News Fuel Labs, the Ethereum expansion team, stated that as Ethereum launches a sharding prototype next year, Fuel will also be consistent with the Ethereum roadmap, and plans to launch a complete mainnet in 2023.
ConsenSys launches private beta version of zkEVM testnet
infrastructure components
ConsenSys said its zkEVM achieves EVM equivalence, enjoying the security of Ethereum with the scalability and low fees of zkEVM. ConsenSys will start testing the zkEVM testnet internally next week, and will gradually open the permission list to allow external users to register from January 2023.
infrastructure components
Odaily News MetaMask institutional solution MetaMask Institutional (MMI) launches programmatic access for organizations. Programmatic access will allow organizations to connect to Web3 through their own API, will enable them to create scripts to complete complex execution strategies on various DeFi protocols, and Build, customize and automate scripts to speed up transaction production, confirmation and signing.
MMI's programmatic access feature allows organizations to programmatically execute across multiple custodians, instead of having to connect to each custodian individually, an organization can simply connect to a unified SDK and create transactions across all custodians of their choice.
Chainlink Automation is live on Arbitrum One
Odaily News Chainlink and Arbitrum announced the launch of Chainlink Automation on Arbitrum One. Projects such as COTI, Armadillo, Cask, and DeFiEdge will integrate Chainlink Automation in their DApps to reliably trigger key smart contract functions on Arbitrum One.
It is reported that Chainlink Automation will help developers build advanced DApps on Arbitrum One. (PRNewswire)
Odaily News Gitcoin announced that it will deploy Grants Protocol on the Fantom network to provide financial incentives for native projects on the Fantom chain, including DeFi, games, NFT and infrastructure projects. It is reported that 100 applications have been submitted for projects on the Fantom chain, and the Fantom community has started voting, and community members will ultimately decide which projects can be funded. (Globe Newswire)
secondary title
DeFi
Uniswap Foundation Launches Vote on Proposal to Change Community Governance Process
Odaily News According to official news, the Uniswap Foundation initiated a vote on a proposal to change the community governance process, and the vote will end on December 22. The new proposal proposes replacing the three-day consensus check process with a seven-day "request for comments" (RFC) process. Additionally, the voting quorum requirement for the Temperature Check will be increased to 10 million UNI.
The Uniswap Foundation stated that since there are currently 37 Uniswap representatives with access to more than 2.5 million UNI to vote, raising the quorum requirement would be a better signal of community support. At present, the proposal vote has been supported by 34 million UNI.
MakerDAO and GnosisDAO Join Forces to Form "DAO-to-DAO Strategic Alliance"
Odaily News MakerDAO and GnosisDAO announced to join forces to form the "DAO-to-DAO Strategic Alliance". In order to strengthen each other's ecology, the measures that have been reached include MakerDAO including GNO as a pledge asset in the Maker agreement, GnosisDAO promises to generate DAI from the GNO it holds, and use DAI to promote the ecological development of Gnosis Chain, etc.
Curve is integrating with the zkSync 2.0 mainnet
Odaily News Curve will be deployed to ZK Rollup-based Ethereum two-layer network zkSync, and is currently integrating with zkSync 2.0.
SushiSwap DAO's 2023 budget exceeds $5.2 million, 82% will be used for salaries
Odaily News SushiSwap DAO CEO Jared Gray disclosed a budget snapshot for 2023, and next year more than $5.2 million will be used to maintain its DEX operations. More than 82% of these funds will be used to pay 15 salaries, including $500,000 in USDC will be paid to Jared Gray. The average team member earns about $286,500.
The remaining DAO budget, approximately $919,000, will be used for SushiSwap’s operational management expenses, such as legal fees, subscription fees, freelance contributor compensation, and social media management costs. An undisclosed freelancer has a budget of $12,000 per month, just $500 less than the average monthly retainer for Sushi's legal team. (Blockworks)
Odaily News Unsecured institutional lending protocol Maple Finance has updated its protocol to version two, aiming to open its lending platform to a wider range of institutional borrowers, including those from outside the crypto industry.
The Maple Finance version 2.0 update focuses on diversifying borrowers and improving risk management parameters. The team hopes to reduce service-related risks due to industry concentration through the Maple 2.0 upgrade. Maple introduces a new, more straightforward default procedure. If a borrower fails to comply with the terms of the agreement, the Pool trustee will be able to declare an early default, allowing it to repay the loan immediately. If repayments are not made within the grace period, the trustee can liquidate the loan and all lenders in the pool will realize losses immediately while efforts continue to recover the loan. Another improvement is that Maple will allow lenders to deposit and withdraw funds on the platform at any time without waiting for the existing 30-day funds lock-up period to expire. (The Block)
Helio Protocol: AnkrBNB has begun to be deployed to replace the original aBNBc
Odaily News Helio Protocol stated that it has begun to deploy ankrBNB to replace the original aBNBc, and will provide redeemable ankrBNB to users who have stored aBNBc in Helio Protocol at block height 23545403, and users who have previously redeemed aBNBc can also Make a redemption. Users can also choose to wait 7-10 days to receive BNB directly.
NFT
Trump Releases Personal NFT Collectibles on Polygon for $99 Each
Odaily news, former US President Donald Trump announced on truth social the release of a limited edition Trump digital trading card (NFT series), each for only $99. The collection will be minted on the Polygon blockchain, with an initial total of 45,000 NFTs created. Buy 45 digital trading cards and get a ticket to Dinner with the President. This series of NFT can support credit card and WETH purchases, requires KYC and email address, and the rarity of NFT is different, ranging from 1-10.
Yuga Labs launches bug bounty program with up to $50,000 in rewards
Odaily News Yuga Labs launched a bug bounty program, anyone has the opportunity to get a reward of up to $50,000 through valid bug reports, including bug reports for services such as websites, social accounts, and Discord servers.
The payment scale is as follows: $250 to $1,000 for low severity issues, $1,000 to $5,000 for medium severity issues, $5,000 to $25,000 for high severity issues, and $25,000 to $50,000 for exceptional severity issues , and the bounty campaign will start until December 26th.
Odaily News Evan Luza, the co-founder of the NFT project Cool Cats, disclosed on social media that he will retire behind the scenes as a project consultant. Evan Luza said he will focus on "new things to start next."
In addition, Cool Cats also announced that it has jointly launched the football NFT series with Animoca Brands and OneFootball. Security is ensured to verify the integrity of each scheme provided to the smart contract.
NFT Marketplace Magic Eden Introduces Discounts and Rewards System
Odaily News NFT market Magic Eden officially introduced a discount and reward system at 5:00 pm Eastern Standard Time on December 14. Users can obtain rewards, discounts and other benefits through activities on the platform. Magic Eden executives said that Magic Eden will start charging fees in 2023, but users have the opportunity to get a 5%-45% transaction discount. Additionally, Magic Eden is working with ecosystem partners to add new features such as invitation codes and deal research tools. (The Block)
security incident
security incident
Odaily News In response to the attack, Raydium tweeted an update saying that the vulnerability seems to be caused by a Trojan horse attack and the leakage of the private key of the pool owner account. As an immediate fix, previous owner permissions have been revoked and all program accounts updated to new hard wallet accounts, so attackers no longer have access and can no longer exploit the pools.
Raydium also stated that the total damage from the attack was about $4.395 million.
OpenSea username "sevenseason" address suspected of being stolen 14 BAYC
Odaily News Arcade.xyz consultant Cirrus tweeted that the giant whale address of the OpenSea user name sevenseason was suspected of having stolen 14 BAYC, and the attacker’s address was 0 x 9335 dA 37 d 37 BC 5 D 46850 EaEe 48 F 8 B 9 CCbE 94 D 9 a 2 .
On-chain data shows that at least 1 BYAC has been sold by the attacker.
Hooked Protocol: uHGT token has security issue, fix deployed
Odaily News Web3 social network Hooked Protocol stated that it noticed a small security issue with its uHGT token, and the team has deployed a fix to resolve the issue. User funds in BUSD, HOOK tokens are safe. Hooked Protocol will soon deploy a new in-game token to address this issue. An explanatory note will follow.
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