Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out to early users.
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they’ve birthed a speculative “points” frenzy that carries some risks.
A kind of ‘money middleware for the digital age,’ the M^0 smart contract ruleset aims for institutional grade stablecoins that are decentralized and interoperable.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 8-14.
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 1-7.
In this week’s issue of The Protocol newsletter, our Sam Kessler writes about the “private mempools” that Ethereum users are increasingly relying on to avoid front-running MEV bots. PLUS: Margaux Nijkerk explores the growing use of “councils” to oversee adolescent networks.
The goal of these “protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they different from boards of directors?
LayerZero launched a Lido stETH bridge last October without asking for Lido DAO’s permission. The community responded this week by endorsing a pair of its biggest competitors.
Berachain’s pseudonymous founders plan “to accomplish more with less initial resources.”
In this week’s issue, we dive into the proposal that would have curtailed Ordinals inscriptions “NFTs on Bitcoin” traffic – were it not abruptly ended over the past week by a maintainer for the popular Bitcoin Core software. ALSO: Sam Kessler tries out the Polygon-based “Verify” tool – on Fox News stories.