During the week of June 7th to June 14th, the events worthy of attention in the progress of star projects include: Kusama will open the first parachain card slot auction at 20:00 on June 15th; Solana Labs completed financing of 314 million US dollars, a16z and Polychain Capital led the investment; Arrington Capital launched a $100 million Algorand ecosystem fund; Curve Finance V2 was launched to provide general asset trading functions; the threshold for submitting proposals for Uniswap governance was lowered to 2.5 million UNI; 1inch released a composable limit order agreement .
public chain
public chain
Kusama will start the first parachain card slot auction at 20:00 on June 15
Official news, Kusama parachain auction schedule announced. Auction time for the first card slot: 20:00, June 15, 2021, Beijing time; Auction time for the second card slot: 20:00, June 22, 2021, Beijing time; Auction time for the third card slot: Opening at 20:00, June 29, 2021, Beijing time; auction time for the fourth card slot: 20:00, July 6, 2021, Beijing time; auction time for the fifth card slot: July 13, 2021, Beijing time Open at 20:00.
News Solana Labs completed a financing of US$314 million, led by a16z and Polychain Capital, with participation from Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, and Sino Global Capital. Solana Labs plans to set up an incubation studio to accelerate the development of projects on the Solana blockchain and set up a venture capital arm for the Solana ecosystem. (The Block)
Solana Labs completes $314 million financing, led by a16z and Polychain Capital
News Solana Labs completed a financing of US$314 million, led by a16z and Polychain Capital, with participation from Alameda Research, CMS Holdings, CoinShares, Jump Trading, Multicoin Capital, and Sino Global Capital. Solana Labs plans to set up an incubation studio to accelerate the development of projects on the Solana blockchain and set up a venture capital arm for the Solana ecosystem. (The Block)
Arrington Capital Launches $100M Algorand Ecosystem Fund
Michael Arrington's cryptocurrency venture capital firm, Arrington Capital, is launching a $100 million venture capital fund to back projects built on Algorand. The fund, called the Arrington Algo Growth Fund (AAGF), is Arrington's second cryptocurrency-focused fund after the Arrington XRP Capital Fund. (CoinDesk)
The first smart contract of Cardano testnet Alonzo has successfully run
According to a development update on June 11, the first smart contract on Alonzo, Cardano’s public testnet, has successfully run. (U. Today)
Ripple CTO Proposes Launch of Federated Sidechain for XRP Ledger (XRPL)
According to official news, Ripple CTO David Schwartz proposed to launch the Federated Sidechains of the XRP Ledger (XRPL), which will enable developers to implement new functions, such as native smart contracts that seamlessly interoperate with XRP and XRPL , while also allowing XRPL to maintain its existing "lean and efficient" feature set. Federated sidechains allow for experimentation and specialization, anyone can choose to run XRPL's sidechain. Developers can open new use cases such as DeFi functions and smart contracts on the side chain, and successful functions can even be ported to the XRPL main network.
The Fantom Foundation announced the release of Fantom Safe, a Gnosis-based multi-signature wallet
According to official news, the Fantom Foundation announced the release of Fantom Safe, a Gnosis-based multi-signature wallet. Distributed teams and DAOs can now jointly store and manage FTM and Fantom-based assets in one wallet.
Public chain project Harmony launches community DAO
According to official news, the public chain project Harmony launched a community DAO. Initial members have come together to accept the community DAO mandate and propose a timeline for the election of their first Initial Committee. The mission of the Harmony Community DAO is to fulfill the dual goals of representing the Harmony community as well as expanding and strengthening that community.
ETC plans to upgrade Magneto hard fork on July 21
ETC announced plans to upgrade the Magneto hard fork at block height 13,189,133 on July 21. Activation dates are estimates and timelines depend on successful testnet activations and are subject to change. Magneto will include the Ethereum Berlin upgrade, a series of EIPs that optimize gas and transactions.
DeFi and related infrastructure
DeFi and related infrastructure
Curve Finance V2 is online, providing general asset trading functions
Curve Finance V2 has been officially launched. This version uses new algorithms to provide trading functions for common assets (such as ETH/WBTC trading pairs). The new capital pool relies on internal oracles implemented by exponential moving averages (EMA) combined with modules such as bonding curves to perform asset-to-asset exchange. The Curve team stated that the V2 version will provide traders and liquidity providers with more effective products. The white paper stated that the new algorithm will create 5 to 10 times higher liquidity than Uniswap, and will also create higher profits for liquidity providers. Most of the common token pairs will be added in the coming weeks, according to the team.
The threshold for submitting proposals for Uniswap governance is lowered to 2.5 million UNI
According to official news, the proposal initiated by members of the decentralized exchange Uniswap community lowered the threshold for submitting proposals from 10 million to 2.5 million UNI, and was approved with 9,100 votes.
News MakerDAO will include "parameter changes, oracle machine whitelists, other changes" and other executive voting into the voting system.
1. Parameter changes: Multiple changes will be made to various treasury types including stability fee, debt ceiling, target available debt, and ceiling increase cooldown time; the auction parameters of ETH Vault type will be updated; the liquidation ratio of UNIV2DAIUSDC-A Vault Type will be changed Reduced from 105% to 102%, stability fee reduced from 1.0% to 0.5%.
2. Oracle whitelist: Yearn Finance will be added to the whitelist of UNIUSD, LINKUSD, AAVEUSD and COMPUSD oracles.
1inch Releases Composable Limit Order Protocol
Decentralized exchange and liquidity aggregator 1inch has released a composable limit order protocol. The limit order function enables users to buy and sell encrypted assets at a specific price. Featuring 5 different security audits, the new feature will enable users to buy and sell assets on Ethereum, BSC and Polygon with specific price targets. New features will also enable interaction with smart contract logic and the ability to execute orders based on oracle data. (Cointelegraph)
Yearn Finance Community Proposes Launch of Keep3r-Based Stablecoin
The Yearn Finance community put forward a proposal to develop a Keep3r-based stablecoin project, the name of the token is undecided (the proposal is codenamed STABLE), which will be used to improve Keep3r's price fluctuations and lack of liquidity. In the future, the minting and burning of JobCredits will use STABLE instead of KP3R. The proposal is to provide a long-term sustainability plan for the Keep3r protocol and enable new possible markets to emerge within the Keep3r ecosystem. In the new token economy, KP3R is used as the value accumulation token in the protocol, and STABLE is used as the working token in the ecosystem.
Acala Pioneer Network Karura parachain crowd lending function is now open
The Acala Pioneer Network Karura, a DeFi platform of Xunboca, has opened the parallel chain crowd lending function. Now users can directly use Acala official website (minimum lock-up amount is 0.1 KSM), Polkawallet (minimum lock-up amount is 1 KSM), Kraken, Newland, OKEx, Maizi , Fearless and other channels to participate. The Acala team said that during the first three days of crowdlending, all participants will receive an additional 10% early bird reward.
According to official news, the decentralized trading protocol Bancor held a community conference call yesterday, discussing V3 and whitelist. Mark Cuban has become a BNT holder and Bancor DAO participant. Bancor V3 is progressing well, no other details are available at this time.
BadgerDAO, a decentralized organization focused on bringing Bitcoin into DeFi, released a financial report. The report shows that since its launch in December, BadgerDAO’s total revenue has exceeded US$18.1 million, and more than 90% of its revenue comes from core strategies; Over $2.8 million in revenue was generated across all product lines including Bridge and ibBTC. The net income in the first 6 months of project operation was US$15.2 million, and the current price-to-earnings ratio is 3.7 times.
Tornado.Cash Community Members Initiate Proposal to Deploy on Binance Smart Chain
Tornado.Cash, an Ethereum privacy trading platform, retweeted an article about a community member’s proposed deployment to Binance Smart Chain (BSC). The article stated that Tornado.Cash is now ready to take its first steps on Binance Smart Chain, and asked community members who supported the proposal to help deploy Tornado contracts on Binance Smart Chain.
secondary title
Layer2
Polygon, 0x spend $10.5M to boost Ethereum DeFi developers
The team behind decentralized exchange protocol 0x and ethereum scalability platform Polygon have announced that they will spend $10.5 million to get users on the Polygon network. Designed to make it easier for developers to build DeFi infrastructure on Polygon via Ethereum. (Decrypt)
Polygon and Etherscan Launch Polygon Blockchain Explorer Polygonscan
EthHub co-founder Anthony Sassano tweeted that the Ethereum expansion program Polygon has cooperated with the Ethereum blockchain browser Etherscan to launch the Polygon blockchain browser Polygonscan.
The Graph Announces Integration with Arbitrum, Adds Indexing and Querying Support
The Graph has announced an integration with Arbitrum to provide an open data index on Arbitrum. The Graph provides an indexing and querying layer for the decentralized web. Developers on Arbitrum can now build and publish open APIs, called subgraphs, that applications can query using GraphQL. Projects currently using The Graph in operation include Uniswap, Decentraland, and Synthetix, among others.
Hermez, the Ethereum Layer 2 expansion plan, will launch a community reward program on June 21
Hermez, the Ethereum Layer 2 expansion solution, is about to launch a community reward program. The first round of activities will distribute 200,000 HEZ tokens to early adopters of the Hermez network, and the number of airdrops is proportional to the amount of user deposits. The first round will start at 10:00 UTC on June 21 (18:00 Beijing time) and end at 9:00 UTC on June 28 (17:00 Beijing time).
NFT game startup Mythical Games completes $75 million in Series B financing, led by WestCap
NFT
NFT game startup Mythical Games completes $75 million in Series B financing, led by WestCap
Los Angeles-based NFT game startup Mythical Games completed $75 million in Series B financing, led by WestCap, 01 Advisors and Gary Vaynerchuk’s VaynerFund, and existing investors such as Galaxy Digital, Javelin Venture Partners, Alumni Ventures and Struck Capital participated . The new funding round brings Mythical Games’ total funding to $120 million to date.
Dogecoin Co-Founder Launches a Series of Dogecoin NFTs and Starts Sales
Dogecoin co-founder Billy Markus is selling a series of Dogecoin-inspired NFTs, launched in three tiers, as follows:
- First level: 420 pieces issued on Rariable;
- Second level: release 3 pieces on Rariable;
- Level 3: Open auction on Foundation, only one piece.
According to statistics, 181 of the 420 DOGE NFTs in the first level were sold on Rarible for 0.08 ETH (about $205); the three NFTs in the second level were sold for 0.8 ETH (about $2051); A single NFT of the third level was sold for 1.5 ETH (about $3,800). (Decrypt)
Binance X Launches Official NFT Platform Based on BSC Network
security incident
security incident
Chengdu Lianan statement: Gainswap tampered with the security audit report without permission
The official WeChat account of Chengdu Lianan issued a statement to refute the false news that the Gainswap project, which is a running project, has passed the security audit of Chengdu Lianan. According to the statement, according to the verification investigation, the security audit report released by the project was falsified. Chengdu Lianan Security Team completed the relevant security audit of the contract code without the backdoor on May 21, 2021 Beijing time; and the project deployed the contract with the backdoor on June 4, 2021 Beijing time, and will The contract address in the issued security audit report is replaced with the backdoor contract address. The statement also stated that recently, unknown persons have tampered with the security audit report provided by the company for cooperative customers. Please note that the security audit report found on the official website shall prevail.
Oasis.app tweeted a reminder that users who have set quotas for DAI on Zapper's Matic/Polygon bridge should temporarily cancel the quotas. Oasis.app claims to have seen user funds being swept away through the bridge.
PeckShield warning: PantySwap has the risk of running away, please invest cautiously
According to PeckShield's "Paid Shield" warning, there is a risk of running away from PantySwap, and users are advised to invest cautiously.
Yield Farm EvoDefi Hacked, GEN Shortplummeted
According to the PeckShield warning, the income farm EvoDefi was attacked. Affected by the attack, the price of its token GEN fell from $2.1 to $0.9 in a short period of time, a drop of 57%.
