Star Project Weekly | Sei Labs is raising A-round financing at a valuation of US$400 million; Iron Fish will launch the mainnet on March 14 (2.27-3.5)
During the week from February 27th to March 5th, the developments worthy of attention are as follows:Solana releases improved network upgrade plan, will form a confrontation team and improve the restart process；The EOS EVM final testnet will be launched on March 27th, and the mainnet Beta version will be released on April 14th；The privacy network Iron Fish will launch its mainnet on March 14th and distribute 940,000 token airdrops to testnet users；Sei Labs is raising Series A financing at a valuation of $400 million, will launch the Sei Network mainnet and conduct airdrops；Arbitrum Initiates a Proposal for a New Transaction Ordering Strategy, Proposing to Add Time Weight to the Current "First Come, First Served" Strategy；ConsenSys zkEVM rollup public testnet will go live on March 28th；Uniswap releases self-custodial wallet, but has been rejected by Apple；ZigZag announced the end of the airdrop, over 100,000 users received a total of 34 million ZZ；Blur: Addresses suspected of fraudulent bidding will be disqualified for air investment in the second season；Yuga Labs to Launch Bitcoin NFT Series TwelveFold。
Bottom-Layer 1
Bottom-Layer 1
Odaily’s public chain project Sui Network issued an article summarizing that during the operation of Sui Testnet Wave 2, more than 7,000 nodes were connected to 41 validators, processing a total of 36.5 million transactions, an increase of 1.6 times compared to Wave 1; a total of 3.24 million NFTs , 1.34 million SUIs have been pledged, and 7.35 million pledge operations have been processed.
Compared with the first three weeks of January, Sui Wallet’s DAU increased 2.2 times during Wave 2 to 171,000; Sui Wallet’s installations more than quadrupled to 333,000. Sui Explorer reached an all-time high with 1 million page views and 571,000 unique visitors.
In addition, Wave 2 has made a series of improvements to Token management, such as increasing the default number of faucets during periods of high Gas prices, adding basic Token management for Sui Wallet pledges, etc. Sui will also support programmable transactions in the future to simplify token management for applications.
Sui Network also stated that the next milestone is to launch a permanent testnet for the builder community, which will no longer be temporary.
Odaily News Solana co-founder Anatoly Yakovenko issued a post introducing the plan to improve the network upgrade, which will improve the Solana upgrade process, form a confrontation team, improve the restart process, and continue to focus on stability.
The Solana core engineer program helps improve the process as follows:
1. Downgrade the testnet to the current mainnet-beta version and feature set before the mainnet beta upgrade;
2. Upgrade the testnet to a new release candidate;
3. Observe how the testnet migration is carried out in real time;
4. Downgrade the testnet back to the current mainnet-beta version;
5. Repeat this process while stress testing the testnet;
6. Release a new version to mainnet-beta validators to upgrade.
Filecoin mainnet will undergo V1.8 upgrade on March 14
Odaily News Filecoin Lotus v1.20.0 has been released on GitHub. The Filecoin network will undergo a V1 8 upgrade (Hygge Network Upgrade). This network upgrade is a mandatory upgrade. The core of the upgrade is Milestone 2.1, which introduces the Filecoin Virtual Machine (FVM), which will make it possible to deploy EVM-compatible smart contracts on the Filecoin network , the upgrade will provide user programmability for the Filecoin network for the first time.
The Filecoin mainnet will be upgraded to V1 8 at T 15: 14: 00 on March 14 at Z block height (epoch) 2683348. All node operators including storage providers must upgrade to this version before that time comes.
This upgrade also introduces the following FIPs, which will be shipped in FVM 3 (FVM v3.0.0 ) and builtin-actors v1 0 (actors v1 0.0.0 ):
FIP-0048 ：f 4 Address Class；
FIP-0049: Actor events;
FIP-0050: API between user-programmable actors (contracts) and built-in actors;
FIP-0054: Filecoin EVM runtime (FEVM);
FIP-0055: support Ethereum accounts, addresses and transactions;
FIP-0057: Update Gas charging schedule and system limits for FEVM.
NEAR launches blockchain operating system to optimize user experience
Odaily News NEAR co-founder Illia Polosukhin announced at the ETHDenver industry conference the launch of an operating system designed to optimize user experience. The operating system plans to be compatible with all blockchains and provide decentralized and composable front-ends and configuration files , payments and notifications, and built-in features like search.
Odaily News Yves La Rose, founder and CEO of the EOS Network Foundation, tweeted that the EOS EVM final testnet release date is March 27, and the mainnet Beta release date is April 14.
Klaytn will conduct a Kore hard fork in the second quarter and burn 5.28 billion KLAY
According to official news from Odaily, the proposal KGP-6 of "Building a Sustainable and Verifiable KLAY Token Economy" previously proposed by the Klaytn Foundation has been voted by members of the Governance Committee (GC), and 26 of the 31 GC members participated in the vote And all in favor of this proposal.
According to the proposal, the 5.28 billion KLAY that have not been used in the past 3 years and 8 months in the initial issuance reserve will be destroyed and removed first. An additional 2 billion KLAY will be burned and removed from the supply within 3 years if no use cases are found in collaboration with the Klaytn Governance Council (GC) and community. The Klaytn Growth Fund (KGF) and the Klaytn Improvement Reserve (KIR) will be merged and re-established as the Klaytn Community Fund (KCF), while a new operating fund, the Klaytn Foundation Fund (KFF), will be established.
The initial burn of 5.28 billion KLAY and the rebalancing of the Ecosystem Fund will coincide with the upcoming Kore hard fork, currently scheduled for early Q2. With the long-term goal of establishing KLAY as a deflationary asset, the project team will continue to support the growth of KLAY demand, while at the same time improving the visibility of token emissions by implementing a governance model to manage KLAY supply.
Odaily News The privacy network Iron Fish announced that it will launch the mainnet on March 14, when functions such as minting completely private custom assets, burning, trading, mining and hosting nodes will be available.
Additionally, this week Iron Fish will launch a claim portal with a total of 940,000 mainnet token airdrops to testnet participants.
Bottom layer-Layer 2
Bottom layer-Layer 2
Odaily news Arbitrum, the second-layer network of Ethereum, released a new proposal, proposing a modified transaction sorting strategy for the Arbitrum sequencer (sequencer), adding a "time weight" (time boost) to the current first-come-first-served (FCFS) strategy, Users will be allowed to pay a priority fee to gain a small advantage or "time weight" in multiple orders. It is reported that the proposal will not affect most users, but it can provide a better way to manage delayed transactions.
Users do not need to take any action and experience no interruption or downtime. Partners and project running nodes on Optimism Goerli will need to upgrade their nodes when op-geth and op-node updates are released.
Users do not need to take any action and experience no interruption or downtime. Partners and project running nodes on Optimism Goerli will need to upgrade their nodes when op-geth and op-node updates are released.
Odaily news zkSync ∎ engineering director Anthony Rose tweeted that zkSync ∎ must be open source, but a responsible open source work requires reasonable arrangements. For open source projects, someone will fork the code and deploy scams to harm users; attackers Will research code and exploit vulnerabilities; responding to code issues submitted by the community, reviewing code requires a lot of work.
During zkSync∎ Alpha, the team will prepare and deploy patches from private repositories, which are more secure than public repositories, and once the system is more mature, the protocol will move to a model where all development takes place in public repositories.
Polygon Introduces New Tool for Polygon ID Based on Zero-Knowledge Proofs
Odaily News Polygon announced that the Web3 identity service Polygon ID is now open to the public through an open source license. Polygon has added 4 new tools Verifier SDK, Issuer Node, Wallet SDK and Wallet App to Polygon ID Identity Infrastructure for SSI Infrastructure to help developers integrate decentralized identity into their applications.
Polygon ID leverages the Iden 3 protocol and the Circom ZK toolkit to allow anyone to be an issuer, verifier or holder of a Web3 identity. Off-chain data can now be used for trustless on-chain verification via the verified credential format. Launch partners include The Sandbox, Collab.Land, Fractal ID and more.
According to previous reports, in March 2022, Polygon will launch a new user identification service, Polygon ID, which will help verify users' information while protecting their privacy on the chain. Polygon IDs will be used for certain regulated activities as well as blockchain-related KYC checks required for custom applications. Polygon is reportedly launching Polygon ID using iden 3, a decentralized identity protocol that uses zero-knowledge proofs.
The Ethereum expansion project Scroll has launched the Alpha testnet on Goerli
Odaily News The Ethereum expansion project Scroll announced that its Alpha test network is now live on Goerli, and any user can participate in its technical testing without permission. Additionally, Scroll is committed to iterating and improving the performance of the zkEVM in the coming months.
ConsenSys zkEVM rollup public testnet will go live on March 28th
Odaily News ConsenSys announced that it will release its zero-knowledge Ethereum virtual machine (zkEVM) rollup to the public testnet on March 28, allowing for stress testing of layer 2 scaling technologies. The testnet allows Solidity developers to build, test, and launch DApps while testing the zkEVM at scale. ConsenSys also aims to keep its zkEVM open source after release. The final upgrade will also initiate its audit and security processes to ensure that zkEVM is safe and secure ahead of the mainnet launch scheduled for later in 2023. ConsenSys is in discussions with key players in the Ethereum ecosystem to deploy and integrate its zkEVM testnet. (Cointelegraph)
Base: The artwork will be perfected on a commemorative NFT, telling the story of the builder
Odaily news Layer 2 network Base issued an article saying that its vision is to bring more than 1 billion people to the chain; in the next 5 days, it will improve the artwork on the "Base, Introduced" NFT and tell the story of the Base builder; From today to March 6, you can check the latest progress of NFT at 12 noon every day.
Odaily News According to official news, MetisDAO, the Ethereum expansion solution, officially announced that it is building the first hybrid Rollup by combining the optimistic rollup architecture with zero-knowledge proofs, aiming to provide Ethereum developers with a secure and developer-friendly layer. 2 to deploy all types of decentralized applications.
Odaily News Mantle Core, the second-layer network of Ethereum developed by the BitDAO ecosystem, submitted a proposal on the BitDAO governance forum on February 26, intending to launch a $200 million Web3 ecological fund Mantle EcoFund, which aims to promote developers and Dapp adoption of the Mantle network.
The proposal proposes a $200 million capital pool to be deployed in the Mantle ecosystem over the next three years. The BitDAO treasury will provide $100 million in USDC, while another $100 million will be provided by external matching funds from “strategic venture partners.” If approved, Mantle EcoFund and venture partners will participate in the project on a 1:1 co-investment ratio, with Pre-Seed, Seed and A rounds for Web3 startups targeted by the ecosystem fund.
infrastructure components
infrastructure components
Odaily News The game engine Unity has added a new category of "decentralization" to the asset store, including MetaMask, AptosLabs, Solana, Infura, Immutable X, Algorand, Dapper Labs, Tezos, Altura, AIKON OREID, Nefta and Truffle, a total of 13 zone-based Blockchain's software developer kit (SDK) to provide decentralized solutions for Web3 developers, aiming to help interested developers find proven solutions to manage digital assets, set up smart contracts, build blockchain blockchain network, etc. (Business Wire)
Axelar Network Launches Axelar Virtual Machine and Launches $5M Developer Grant Program
Odaily News According to official news, the universal interoperability platform Axelar Network launched the Axelar Virtual Machine (VM), which can simplify the developer experience. Developers only need to build a DApp once, and it can run on all chains.
It is reported that the Axelar virtual machine includes two products: Interchain Amplifier, which can be connected to any chain at will; Interchain Maestro, which automates complex tasks by orchestrating multi-chain DApp management.
secondary title
DeFi
According to official news from Odaily, the Uniswap Foundation announced the establishment of the Uniswap Bridge Evaluation Committee and started the evaluation process. The committee will deal with 8 types of cross-chain bridges including Axelar, Celer, deBridge, Hyperlane, LayerZero, Multichain, Router Protocol, Wormhole and Multi-bridge implementation created by Celer team, Block Header Oracle based solution created by Gnosis team, ERC-5164 : Three bridge solutions including Cross-chain execution.
The committee will focus on Uniswap governance needs and provide short-term recommendations for how the Uniswap community should approach bridging in the coming weeks.
Additionally, the committee will provide guidance on ideal long-term solutions and make recommendations on how the Uniswap community can continue to monitor and investigate bridging as the industry evolves.
The committee currently includes Ermyas Abebe, Jasraj “Jazzy” Bedi, Sean Casey, Ben O'Neill, Peter Robinson and David Hyland-Wood and is looking to expand the team in the coming weeks.
Uniswap released a self-hosted wallet, which has been rejected by Apple
Odaily News At the just-held EthDenver conference, Uniswap released its own branded wallet app. The wallet supports networks such as Ethereum, Polygon, Optimism, etc. The wallet also offers price monitoring tools and can track transaction activity from other addresses. The wallet can also store seed phrases via Apple iCloud.
But Apple refused to grant Uniswap’s request to list the app. A Uniswap spokesperson said that “Apple has not approved our application for release and has not stated why – we have responded to their concerns, answered every question, and reiterated that we are 100% in line with their requirements.”
Currently, there is no Android version of the wallet, which means the wallet remains largely unusable. The App is currently available to some users through TestFlight.
Aave founder: may fork and launch Aave Swap on Goerli
Odaily News Aave founder and CEO Stani Kulechov said that it may fork and start Aave Swap on Goerli.
The Compound community initiates a proposal to deploy Compound v3 to Arbitrum
Odaily news According to the information on the relevant page, the Compound community initiated a proposal to deploy Compound v3 to Arbitrum. The proposal was initiated by Penn Blockchain (FranklinDAO). According to the proposal, from the perspective of TVL and real-time dApp data, Arbitrum is the leading Ethereum Layer 2 network, and the deployment of Compound v3 to Arbitrum will be an important step in the development of the protocol.
Sushi CEO: Currently Sushi has about $30.6 million in assets and spends $5 million a year
Odaily News Sushi CEO Jared Gray issued a document saying that Sushi currently has assets of about 30.6 million US dollars, with a burn rate of about 5 million US dollars per year; Sushi is also expected to receive about 14 million US dollars per year in new fee income. “We are positioned for high growth in our 2023 roadmap to become a major cross-chain DEX.”
Odaily News Alpha Homora issued the third open letter to the Ethereum ecological lending platform Iron Bank. Prior to this, Iron Bank froze Alpha Homora’s loan account on March 1 due to bad debt disputes. Alpha Homora believed that confiscating user funds is not a solution, and publicly proposed The following bad debt solutions are provided:
1. Iron Bank returns customer funds that are not on Ethereum;
2. Of the approximately $41 million on Ethereum, Iron Bank will transfer approximately $11 million to users, which represents the net bad debt amount of user deposits, excluding accrued interest;
3. For the remaining ~$30 million, details on how to proceed will be shared with the community within a week of Iron Bank agreeing to the above settlement.
On March 3, Iron Bank urged Alpha Homora to repay bad debts. It stated that Alpha Homora needs to bear the responsibility for the loss, that is, the bad debt of $30 million generated by Alpha Homora in February 2021 due to malicious attacks. Iron Bank has repeatedly sought a resolution from Alpha Homora to no avail, and Alpha Homora has only communicated via private phone calls, rather than providing a written resolution as transparently as Iron Bank has requested.
ZigZag announced the end of the airdrop, over 100,000 users received a total of 34 million ZZ
Odaily News Ethereum's second-tier ZK Rollup order book DEX ZigZag announced the end of the airdrop on Twitter. A total of more than 100,000 users received 34% of the total supply of ZigZag tokens (34 million ZZ). Future ZigZag plans include:
1. Revenue Sharing Tokens: ZigZag tokens will share the fee income generated by upcoming ZK-Rollups, including spot/margin trading and perpetual futures.
2. The era of StarkNet and zkSync: ZigZag tokens will gain more use cases as ZigZag Exchange is deployed on upcoming ZK-Rollups. Through ZK technology, users can have a trading experience similar to CEX. Traders will enjoy the ease of use of CEX while still holding their own funds. Users will have access to high liquidity without having to go through user registration or KYC, which was previously only available on CEX.
3. DAO Governance: Token holders will also make decisions about the future of ZigZag. Governance forums with proposal and voting capabilities will be available after the zkSync era.
4. ZigZag token liquidity: ZigZag internal market makers have stopped setting bids and asks for ZZ. Starting today, the token will be in free circulation and the market can determine its pricing and provide liquidity. Listing exchanges also depends on the community.
Earlier news, ZigZag announced the airdrop information, a total of 7 rounds of airdrops (the first round of airdrops have been carried out), a total of about 110,000 addresses were airdropped, and the total amount of airdrops was 35 million ZZ (accounting for 35% of the total supply).
Velodrome Community Launches New Proposal Proposing Stargate Transfer $1.5M POL to Velodrome
Odaily News Velodrome, the AMM protocol on Optimism, launched the "Make Velodrome the STG Hub on Optimism" proposal on Commonwealth, aiming to increase the liquidity of Stargate on Optimism.
The proposal proposes to transfer $1.5 million POL (liquidity owned by the protocol) from the Uniswap LP pool to Velodrome based on LayerZero's cross-chain liquidity protocol Stargate and bribe the STG-USDC pool. Velodrome will match Stargate according to the "Tour de OP" incentive plan 40% of bribes (bribes), which can have more than 4 times the impact on STG-USDC's liquidity incentives.
Meanwhile, LP will still be used, and Stargate can choose to migrate additional POL to Optimism. Stargate will lock VELO rewards from staking earnings into veVELO to reduce the need to release STG while maintaining liquidity on Optimism.
Locked veVELO will automatically earn Stargate a locked reward, typically worth 30-40% of locked VELO, paid in OP.
Conic announces that its fund pool Omnipools has officially launched
Odaily News Conic, a Curve-based liquidity guidance protocol, announced that its fund pool Omnipools has been officially launched. Users can deposit a single asset in Omnipools, and Omnipools will then allocate these assets to different liquidity pools on Curve, thereby helping users gain exposure to multiple Curve liquidity pools through a single asset.
Conic introduced that depositing assets in Omnipools will earn triple rewards of Curve (CRV), Convex (CVX) and Conic’s own token CNC. CNC token holders can obtain vlCNC by staking CNC to participate in Conic's liquidity allocation voting (LAV) and control the distribution ratio of funds in the Omnipools pool in different Curve liquidity pools.
NFT
Odaily News NFT market Blur replied to the community about "relevant addresses abusing fraudulent bidding strategies to obtain BID points", saying that in the second quarter airdrop, all wallet addresses suspected of fraudulent bidding will be filtered.
Magic Eden suspends iOS and Android apps, mobile web functionality remains available
Odaily News NFT market Magic Eden tweeted that it will suspend iOS and Android applications in the next few months. Users who currently download related applications may have noticed that the App is no longer available.
Magic Eden will work hard to improve other areas, including optimizing the home page UI, working on Magic Eden Rewards, and the cross-chain marketplace experience. The web functionality of Magic Eden mobile is still available, as well as via the Phantom app.
Optimism Ecological NFT Marketplace Quix Announces Cancellation of Plans to End Operations
Odaily News Optimism ecological NFT market Quix tweeted, "The Quix market will not be closed. We can't reveal too much yet, but a prominent player from the Web3 game field has a plan to keep the mission of Quix and the vitality of the community. Please continue Stay tuned for more announcements.”
According to previous reports, in November 2022, Quix, the Optimism ecological NFT market, announced that the Optimism Foundation will open source the Quix code on behalf of the Optimism community. This means that while Quix as a company is coming to an end, starting January 6, 2023, its code will be free for the community to use and build upon. Quix is working with the Optimism Foundation to ensure a smooth transition and its team is committed to maintaining operations until February 28, 2023.
Yuga Labs to Launch Bitcoin NFT Series TwelveFold
Odaily News Yuga Labs announced that it will launch the NFT series TwelveFold on the Bitcoin blockchain based on the Ordinal Theory protocol. The collection will consist of 300 limited-edition pieces of generative art, each engraved on the Bitcoin blockchain. Each NFT piece is a 12 x 12 grid, incorporating 3D graphics and hand-drawn features, designed and created by Yuga Labs' in-house art team. The company stated that TwelveFold is not associated with any of its IP on the Ethereum chain and will not have any interaction in the future.
Yuga Labs said it will announce auction details later this week and will provide information 24 hours before the actual auction. (The Block)
Odaily News PROOF, the parent company of Moonbirds, announced a partnership with Pace Verso to release artist Mika Tajima's first personal NFT project, Archive of Feelings, on March 15.
It is reported that the total number of NFTs in the Archive of Feelings series is 1,152, and a custom algorithm is used to visualize Twitter data in 12 regions of the United States. Holders of the PROOF Collective Pass can mint an NFT at a price of 0.1 ETH. Moonbirds and Pace Verso NFT holders will be eligible for minting in the second round. Any leftovers will be available for public casting.
Doodles released "DoodleMAP": will continue to invest heavily in the Ethereum ecosystem and Web3
Odaily News The NFT project Doodles released the DoodleMAP, which reflects the universe it is building and how it is connected, and will continue to invest heavily in the Ethereum ecosystem and Web3 promises.
On the Doodles published map, the OG Collection sits at the center, surrounded by products and experiences including Doodlebank, Dooplicator, Doodles Records, The Stoodio, Planets, Space Doodles and the already launched Doodles 2 and Genesis Box.
Esports Player Mongraal Sells 'Jimmy Keys' for 1000 WETH
Odaily News E-sports player and anchor Mongraal tweeted today that he has agreed to sell the Dookey Dash game NFT "Jimmy Key" to Upstate Shredding CEO Adam Weitsman for 1,000 ETH (approximately $1.6 million).
social contact
social contact
ENS is about to launch the "Name Wrapper" APP, which is currently live on the Goerli testnet
Odaily News According to the official Twitter, the Ethereum domain name service ENS announced that it will soon launch a new APP "Name Wrapper". Currently, the application has been launched on the Goerli test network, and users can switch their wallets to Goerli to participate in the test.
It is reported that ENS has also launched a 10 ETH bug bonus pool, and those who find and submit bugs before March 9 can get incentives.
The new version of Damus supports using the zaps function to post posts to earn Bitcoin
game
game
According to official news from Odaily, Treasure DAO launched the game studio Darkbright, which will be responsible for the development of the Smolverse NFT project game within the ecosystem.
STEPN COO: STEPN is deploying more applications and actively developing a multi-chain ecosystem
Odaily News Move-to-Earn application STEPN Chief Operating Officer Shiti Manghani said in an interview with Decrypt at the NFT Paris Conference that STEPN is thriving, not just surviving. The platform is deploying more applications on different chains, such as Solana, BNB Chain and Ethereum, etc., actively developing a multi-chain ecology. An incentive system for user loyalty will also be launched soon to interact more with users. In addition, more value will be captured for GMT in the design of the product. (Decrypt)
Parallel Token PRIME Now Open for Trading and Listed on Coinbase
Odaily News The Echelon Foundation announced that the token PRIME of the NFT sci-fi card game Parallel has been opened for trading. Shortly thereafter, Coinbase announced that it would be listing PRIME.
Odaily News Aavegotchi officially issued a document announcing that with the successful passage of AGIP 64 and AGIP 65 (Note: These two votes are pre-official off-chain votes on Snapshot), a discussion on shutting down the GHST Bonding Curve will be initiated on Aragon And a formal on-chain vote to allocate its internal DAI reserves.
Aavegotchi explained that since the GHST Bonding Curve smart contract is deployed on the Ethereum mainnet, there must be enough GHST on the Ethereum mainnet before the official voting can be launched – the specific figure is 8% of the total GHST supply at the time of the creation of the vote. To this end, Aavegotchi will encourage GHST holders to migrate their tokens from Polygon to the Ethereum mainnet by giving experience incentives to in-game NFTs.
Aavegotchi expects the vote to start at 02:00 UTC on March 8th, at which point at least 12% of the GHST supply will have been migrated to Ethereum to ensure that the vote can easily meet the minimum vote requirement. If the requirement is not met by then, the vote will be delayed for 24 hours and retried until the requirement is met.
security incident
security incident
MyAlgo wallet attack may have resulted in the theft of more than $9.2 million in assets on Algorand
ZachXBT, an on-chain data analyst from Odaily, tweeted that more than $9.2 million in assets (19.5 million ALGOs, 3.5 million USDCs, etc.) may have been stolen from Algorand due to attacks on the Algorand ecological wallet MyAlgo from February 19th to 21st. .
According to previous reports, Algorand's ecological wallet MyAlgo tweeted a reminder that all users are strongly recommended to withdraw any funds from the mnemonic wallet stored in MyAlgo. As the root cause of the recent hack is still unknown, MyAlgo advises everyone to take precautions to protect their assets.
