1. Solana’s weekly summary

a. 21.3M SOL will be unlocked in 2023, accounting for 4% of total supply link

According to Solana Comapss, 21.3 million SOL (about $214 million) will be unlocked in 2023, accounting for 4% of the total supply. Of these, 1,816,357 SOL will be unlocked on Jan. 7.

b. Huobi will list BONK (Bonk) on January 3, 2023 link

Huobi is scheduled to list BONK (Bonk) on January 3, 2023. The BONK spot trading (BONK/USDD) will open when the deposit volume meets the demand of market trading. BONK is a new meme coin on Solana with a total supply of 100 trillion.

c. Solana Meme BONK has recently become popular, with trading volume climbing link

Solana Meme token BONK relies on the airdrop to Solana NFT, anti-”Alameda” and the revival of Solana DEX culture to sweep the community. BONK is the Token with the highest trading volume in the Solana ecosystem after USDC and SOL in the past 24h. Huobi also announced the listing. However, the top 20 holders of BONK accounted for about 50% of the total supply, of which BONK DAO accounted for 15% of the total supply, and a considerable part was obtained from airdrops at zero cost. A sharp sell-off could occur at any time.

d. Bonk launches .bonk domain service link

Solana eco meme token BONK said that the project has partnered with Onsol Labs to launch a .bonk domain name service. However, Bonk reminded the crypto community that some of the major wallets currently do not support .bonk domains, but that wallet integration has been initiated. Wallets supported at this stage include Phantom, Solflare Wallet and Backpack.

e. The Solana Dev page was updated to create a more focused journey for new devs link

Chase Barker, head of the Solana developer ecosystem, tweeted that the Solana Dev page was updated last month to focus on getting high-quality learning content for new developers coming into the space. Future iterations will likely include more open source repos, tooling and advanced content for more experienced devs.

2. Lido surpasses MakerDAO as the highest TVL DeFi protocol link

According to DeFiLlama, Lido has a TVL of $5.9 billion, surpassing MakerDAO’s $5.89 billion as the DeFi protocol with the highest TVL. Nansen noted in December that demand for such staking solutions has been high since Ethereum moved to PoS.

3. Some of the tokens will see large unlocks in January link

According to Token Unlock, the following tokens will be unlocked in January:

46,182,879.41 GLMR on January 11, accounting for 4.618% of the total supply, worth about $15m

4,543,478.03 APT on January 12, accounting for 0.454% of the total supply, worth about $16m

187,500,000.02 BIT on January 15th, accounting for 1.875% of the total supply, worth about $67m

7,343,750 APE on January 17, accounting for 0.734% of the total supply, worth about $28m

4,893,750 AXS on January 23, accounting for 1.812% of the total supply, worth about $31m

42,932,626 RON on January 27, accounting for 4.293% of the total supply, worth about $12m

4. Ethereum core developer team reaches consensus on final scope of Shanghai / Capella upgrade link

The main function of the upgrade is to introduce beacon chain withdrawals for staking. Cancun.md has been created, where EIP-4844 is officially included in the upgrade.

5. Layer 2’s weekly summary

a. zkSync releases new plugin to support smart contract verification link

The hardhat-zksync-verify plugin allows developers to verify smart contracts deployed on zkSync 2.0, both from the terminal and programatically.

b. Optimism’s third season of Governance Fund Grants begins on Jan 26 link

Two committees, Builders Committee and Growth Experiments Committee, are staffed 100% by community members and delegates.

c. Crypto market maker Wintermute’s Dex Bebop is now live on Arbitrum link

Bebop allows traders to enter or exit multiple positions with a single transaction, exchanging one token for a combination of tokens or a combination of tokens for one token. The protocol is currently supported on Ethereum, Polygon and Arbitrum.

d. Scroll, the Ethernet scaling project, will perform a Pre-Alpha reset on Jan. 9 link

Scroll, an Ethereum scaling project, tweeted that it will perform a Pre-Alpha reset on January 9th to increase the throughput of the Pre-Alpha test network, and users will need to reset it in their wallets to interact.

e. Nethermind researcher Deven Matthews launches proposal in Uniswap community to deploy Uniswap V3 to StarkNet link

Deven Matthews said that the Nethermind team has translated the Solidity codebase from Uniswap V3 Core to Cairo with the Solidity-to-Cairo translator Warp that it developed and tested on StarkNet’s local test network. If the proposal passes, it is expected that Uniswap V3 will be fully deployed on the StarkNet mainnet by the second quarter.

6. SushiSwap’s weekly summary

a. SushiSwap CTO: Ditching Kashi and MISO for now, focusing on DEX link

SushiSwap CTO said that due to design flaws and lack of resources, the lending platform Kashi and the token Launchpad MISO will be abandoned in Q1, and the current focus will be on DEX.

b. TreasureDAO adopts proposal to reduce rewards for MAGIC/ETH LP on SushiSwap by 30% link

TreasureDAO’s proposal to reduce liquidity mining rewards, which proposes to reduce rewards for MAGIC/ETH pool liquidity providers on SushiSwap by 30% in order to reduce unnecessary inflation to MAGIC, was passed.

7. Convex Finance to launch new cvxCRV Wrapper contracts link

These include: allowing additional incentives for the cvxCRV single-currency stake pool; adding fee buybacks (2% of platform-wide revenue is used to buy back cvxCRV and stake to single-currency staking contracts); migrating liquidity to a new curve pool; etc.

8. Avalanche’s weekly summary

a. Trader Joe’s DEX and NFT marketplace to expand to BNB Chain link

Avalanche-based DeFi trading platform Trader Joe and the associated Joepegs NFT marketplace will deploy on BNB Chain by the end of March. Trader Joe has the highest total trading volume across all applications on Avalanche, but has seen significant decreases since June.

b. Shopify merchants can now design, mint and sell Avalanche NFTs link

Avalanche NFTs are available to Shopify’s millions of merchants. Merchants can design, mint, and sell NFTs, with many integrations available like Coinbase Commerce to provide buyers the option to purchase NFTs with crypto.

9. NFT’s weekly summary

a. The image provider of Magic Eden was compromised link

Some users of Magic Eden have seen stills from the American series “The Big Bang Theory” as well as pornographic images on its website. Magic Eden responded by saying that its 3rd party service for caching images was attacked, that users’ NFTs are safe, and that the site itself was not hacked.

b. Magic Eden will refund the assets of users who purchased counterfeit NFTs link

Unverified NFTs were being shown as part of verified collections on Magic Eden. In the last day, impact was contained to 25 unverified NFTs sold in 4 collections. Magic Eden has resolved the issue and will refund those affected.

c. ENS announced that users registered more than 2.2M ENS domain names in 2022 link

ENS announced that users registered more than 2.2 million ENS domain names in 2022, accounting for 80% of all ENS domain names. Among them, ENS, as the hype effect of NFT, has become an important driving force for users to actively register domain names.

d. Mocaverse announces full eligibility criteria and a Mocalist registration drive link

Mocaverse, the NFT project of Animoca Brands, announced full eligibility criteria and a Mocalist registration drive. Realm Ticket NFTs are tradable ERC-1155 tokens that can be earned by holding an Animoca Eco token/NFT or by becoming a community contributor.

e. Binance NFT to launch a new round of IGO “Fusionist-Bi·Mech” NFT series link

The Binance NFT marketplace will launch a new round of Initial Game Offering (IGO) “Fusionist-Bi·Mech” NFT series. Binance Labs tweeted a suspected investment in Fusionist before but then deleted it.

f. Polygon paid top Solana projects Y00ts and DeGods $3M to migrate chains link

DeLabs, the Los Angeles-based startup behind popular non-fungible token (NFT) projects DeGods and Y00ts, received a $3 million grant from Polygon to migrate blockchains. Last week, the team behind the collections announced that they were leaving the Solana network, with DeGods moving to the Ethereum blockchain, and Y00ts moving to Polygon.

10. Blockchain project TON enters crypto storage market link

TON Foundation, the stewards of proof-of-stake blockchain TON — conceived by Telegram Messenger founders, is starting a data storage ecosystem called TON Storage. The project aims to enable users to exchange files of any size while providing financial incentives to node operators to host files for users.

Follow us
Twitter: https://twitter.com/WuBlockchain
Telegram: https://t.me/wublockchainenglish