1.     zkSync's weekly summary

a. Polygon co-founder Sandeep: zkEVM Public Beta went public link

Sandeep Nailwal, co-founder of Polygon Technology, tweeted on October 10 that the zkEVM public testnet has gone online.

b. zkSync intends to introduce Layer 3 test network in 2014. link

zkSync announced on October 10 that zkSync's Layer3 test network would be introduced in the first quarter of 2023. This will be the first Layer3 network established on Ethereum and can considerably enhance scalability.

Due to a name problem with a product produced by StarkWare, zkSync tweeted on Thursday that Layer 3 will change its name from Pathfinder to Opportunity.

c. The Uniswap V3 deployment on zkSync was approved. link

On October 14, the proposal to implement Uniswap V3 on zkSync received over 40 million votes in favour, and the deployment is projected to take 4-6 weeks. It is expected that early Uniswap deployment would enable Uniswap achieve first mover advantage, and Uniswap DAO governance will stay on Ethereum L1. To assist the delivery of messages for governance, zkSync will employ a communication bridge.

2.     Curve DAO Proposal to Enable Easier CRV Rewards Passes link

On October 12, the Curve Governance Forum accepted a proposal to provide incentives from the stablecoin trade app Curve on third-party apps. More than 96% of voters approved the idea, committing around 327 million CRV. The deployment will considerably shorten the time necessary to install and administrate CRV awards to third-party apps, and it will eliminate the requirement for projects desiring to give CRV incentives to their users to contact Curve's governance community with their requests.

3.     Sushiswap's weekly summary

a.     SushiSwap has launched stablecoin pools on Polygon, Modernism, Metis, and Kava link

On October 14, SushiSwap's AMM production framework Trident launched a stablecoin liquidity pool that was launched on Polygon, Modernism, Metis and Kava, allowing users to trade directly on the low skids of stablecoins, directly related tokens (WBTC, renBTC, etc.).

Trident: A production framework for building and deploying AMMs that any other AMM can build on and work with, other AMMs can be integrated into Trident, and dynamic liquidity types can be created and added using existing frameworks without creating and deploying new frameworks from scratch.

b.     SushiSwap's new CEO responds to 'scam' : Allegations against me are 100% untrue link

On October 11, SushiSwap's new CEO Jared Grey denied all the allegations in a post on the company's social media platform and faced public questioning. "In 2019, my business partner stole money from the community while I was busy raising funds to launch the Bitfineon trading platform," he said. When I and a few investors found out, we fired him and repaid all the money to the affected users. I have always operated with integrity in this area, and you can contact any partner for confirmation."

c.     The Sushi DAO community's new proposal proposes to reform the legal structure to reduce regulatory risk by restructuring legal entities link

Sushi DAO is considering changes to its legal structure to reduce regulatory risk on Oct 10, with the law firm it hired, Fenwick & West LLP, releasing its proposal at the SushiSwap Governance Forum on Sept 22. The proposal proposes splitting the DAO into three entities. One, the Cayman Islands Foundation (DAO Foundation), will manage SushiDAO IRL; The second entity, the Panama Foundation, will manage the existing Sushi agreement, including smart contracts related to AMM/ order book, Kashi and pledge; The third entity, a Panamanian company, will operate the GUI layer of the agreement.

4.     Magic Eden will introduce optional royalties and a $1 million creative monetisation tool, Hackathon. link

Magic Eden, the Solana ecological NFT marketplace, stated on October 15 that it will permit variable royalties on its platform, giving NFT buyers the choice of paying full, half, or no royalties. Furthermore, Magic Eden will conduct a Creator Monetization Hackathon with a $1 million investment to support the development of a pro-NFT-royalty and alternative monetization solution on Solana. According to Magic Eden, the Creator Monetization Hackathon will aid in mitigating the commercial impact of the move to an optional creator royalties model. It will also develop methods to safeguard royalty revenue and investigate new monetization options.

5.     The Fantom stake APR will be reduced from 13% to 6%. link

Fantom Foundation said on October 13 that the governance vote fixed the pledge APR at 6% and prolonged the period of pledge award releases to 4.7 years via pledge award adjustments. Prior to the vote, it was assumed that the pledge APR was 13% and that the maximum quantity of tokens would be exhausted in two years.

6.     Aave is proposing to the DAO the introduction of a native decentralized, collateral-backed stablecoin, GHO, pegged to USD. link

Aave announced the creation of their decentralised overcollateralized Stablecoin GHO on October 14th. After the new Aave V3 market is implemented on Ethereum, Aave plans to replace the V2 market as the primary GHO driver, while the GHO code previously deployed in Aave V2 has been audited by Open Zeppelin. Furthermore, Aave will grant Facilitator the ability to cast and destroy GHO without the need for trust, and a guiding framework for applying for this authority will be given in the future. Aave further stated that the first test network for GHO will be finished within the next three weeks.

7.     Cosmos's new projects

a.     Pulsar Finance, the Cosmos Ecological Asset Management Platform link

On October 14, Pulsar Finance, a Cosmos eco-asset management platform, debuted Cosmos, letting users to examine tokens, pledged positions, liquidity offers, airdrops, NFTS, and more in their wallets. Pulsar Finance now supports over 30 Cosmos eco-blockchains, with plans to include NEAR in the future.

b.     Quasar is planned to be live on Cosmos by the end of 2022.

On October 10, Valentin Pletnev, co-founder of the DeFi project Quasar, said that Quasar will go live on the Cosmos main network by the end of 2022, allowing novices to engage in DeFi investments. Quasar Finance aspires to develop a suite of accessible structured investment products inside the DeFi ecosystem that will benefit both investors and liquidity providers.

8.     Domain name's weekly summary

a.     SuiNS, Sui Ecology's domain name service, has completed a pre-seed round of financing for an undisclosed amount.

Sui Ecological domain Name Service Sui Name Service (SuiNS) completed its pre-seed round of financing on October 14th, and Mysten Labs joined in the investment. The precise amount was not revealed. The MVP DApp is anticipated to launch on Sui in November, with users able to experiment with features and submit feedback, as well as an incentive framework to dissuade cybersquatters, with no whitelists or preferential treatment.

b.     Aptos has re-launched its official domain name service. link

Aptos announced the reopening of Aptos Name Service (ANS), AptosLabs' official domain name service, on October 15. Aptos Name Service is already supported on test networks and will provide integration and tools for all main Aptos apps. Aptos and Aptos domain Name Service, Aptos Name Service, will collaborate to provide ANS integration and tooling services across all major Aptos ecosystem apps, as previously stated. Users can receive and send funds using the.apTOS domain.

c.     On the BNB Chain, the Zebec Protocol integrates domain name services for Space ids.

Zebec Protocol announced a cooperation with Space ID on October 12th, which will integrate Space ID's domain name service once Zebec Protocol's application is deployed on the BNB Chain.

9.     Axie Infinity's weekly summary

a.     Axie Infinity Launches Mini Game Raylights link

Axie Infinity officially announced on October 11th that their pioneering "lightweight" land game Raylights is now available on the main network. Raylights, unlike the other Axie Infinity objects, can be launched straight in the browser. Its users can employ Axies to develop unique plants by combining various mineral combinations. Different mineral combinations were mixed into the soil layers on the plot and planted with axes. Different mineral combinations will result in novel and gorgeous plants.

b.     Sky Mavis will provide more than 11 million AXS tokens. link

Sky Mavis, the creator of Axie Infinity, announced on October 11 that the firm will pledge 11,475,000 AXS tokens on its balance sheet to emphasise its long-term commitment to the Axie Infinity ecosystem. The recent change is thought to dilute the 43 million current AXS promises and lower the annual percentage rate (APR) of current AXS pledges.

10. STEPN: Rainbow Sneakers and Rainbow Pool live link

Rainbow Sneakers are now accessible through Enhanced Sneaker Probability, according to STEPN's article on October 12. Gem composition probability can be used to obtain Rainbow Gems. The Rainbow Pool The Rainbow pool is now active.

On October 12, STEPN began laying off over 100 peripheral mods, ambassadors, and others. It is also focusing on its parent firm, Find Satoshi Lab, diminishing its overall commitment to STEPN in favour of new ventures such as the upcoming NFT trading market. Furthermore, GMT investors will be able to access big sums in March of next year.

11. ApeCoin DAO's AIP-106 has been approved link

On October 15, the ApeCoin DAO community voted 99.8% in favour of the AIP-106 "POAP Voting Awards" proposal. The Ape Foundation will introduce a Proof of Attendance Agreement (POAP) award to enhance DAO turnout and raise community knowledge of positive proposals, as well as encourage community conversation around activities such as voting.

Follow us

Twitter: https://twitter.com/WuBlockchain

Telegram: https://t.me/wublockchainenglish