What project events can you pay attention to in December?
Recently, the collapse of FTX has triggered a new round of turmoil in the encryption field. With BlockFi declaring bankruptcy, Genesis is negotiating with a team of lawyers to discuss bankruptcy matters. FTX The series of events caused by the crash may have temporarily come to an end, and the encryption field may have been at a relatively verifiable bottom, and it is time to return to the project itself. This article was published by Twitter encrypted KOL Karl , organized and compiled by BlockBeats:
The following is the original text:
Theta Network (THETA) aims to build the next generation of video and entertainment blockchain, providing decentralized streaming and content delivery. Theta viewers contribute their unused bandwidth and computing resources while watching videos. And in exchange for optimizing streaming quality and overall user experience, they will receive Theta Fuel (TFUEL). Version 4.0 of the mainnet, scheduled to go live on December 1, will introduce a Theta-based subchain for developers.
DCG bankruptcy rumors are still fermenting
As Genesis is consulting bankruptcy reorganization, and encryption The media Coindesk is looking for potential buyers. The FUD of the two parent companies DCG may become more and more serious. If this news is finally confirmed, with the dissolution of GBTC, a large number of investors will carry out "redemption" operations , BTC may face a certain selling pressure, and this kind of FUD may last until the GBTC/BTC trading pair returns to the anchor. (Regression anchoring is not necessarily 1:1, because derivatives still have potential risks.)
The main altcoins held by Grayscale include: ETC, ZEN, ZEC, LPR, LTC , BCH, and MANA.
Binance is raising funds to buy distressed assets
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On November 24, Binance founder CZ said in a live interview with Bloomberg that Binance will Set up a fund of about US$1 billion to buy non-performing assets in the encryption field. At the same time, it will bid again for Voyager, a centralized encryption lending platform.
We may see some platforms and projects that have been bankrupt or in trouble The case of skyrocketing due to being considered for acquisition by Binance (such as VGX and REN).
ApeCoin (APE) pledge
According to Horizen Labs on social media According to the announcement, due to the delay in the launch of APE staking through the Bug Bounty Program, the pre-deposit period is now shortened by one week to ensure that APE staking will be launched on December 12. According to the plan released by Horizen Labs, the Apestake.io website will be launched on December 5, and pre-deposits will start; the pledge contract will be opened from December 5 to December 7; and the accumulation of pledge rewards will begin on December 12.
DEX and Decentralized Wallet Season
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After the collapse of FTX, people's trust in centralized trading platforms has been hit hard, and it may be more Tend to self-management, use decentralized wallets and DEX to participate in on-chain ecology/transactions.
The following DEX Tokens include:
·GMX
· dYdX
· GNS (Gains Network is expected to launch Arbitrum in December)
The decentralized wallet tokens that can be followed include:
·SFP
·TWT
·C98
They are also alternatives to Metamask, and Metamask parent company ConsenSys recently updated its privacy policy, stating that when users When using Infura as the default RPC in MetaMask, the corresponding IP address and ETH address will be collected when the user sends a transaction.
This statement also brought some negative pressure to Metamask's wind review. But then ConsenSys founder Joseph Lubin explained that MetaMask does not collect IP addresses, but in order to process requests from MetaMask, Infura needs to know the IP address and blockchain address of the device sending the request. Almost all types of Web3 dApps use RPC services, and they need this data to serve users. There are few alternatives available today, and the solution is decentralization of RPC providers. Infura will not utilize this data.
Although the "private data" incident has temporarily subsided, it may still prompt other encryption to Centralized wallets temporarily gain more users.
DYDX
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dYdX plans to release the V4 mainnet in the second quarter of 2023 to achieve fully decentralized governance based on DAO. According to the news announced on November 22, dYdX has completed the second of the five milestones of dYdX V4 (dYdX Chain), namely, the internal test network. Currently, dYdX V4 has two permanently running internal blockchain networks, one is a developer testnet and the other is used as a general testnet. Functionally, it allows core trading functions, including leverage, fees, oracle price updates, Hourly funding rate and liquidation.
Maple Finance (MPL)
Maple Finance 2.0 is expected to go live in December with an upgrade to its core smart contract architecture to support iterative development of new features, loan structures and strategies. At the same time, Maple 2.0 will have greater flexibility in controlling and operating its capital pool, and many new features will meet the needs of a wide range of institutional participants. For example, in Maple 2.0, the interest earned by the lender can be automatically compounded, and the lender does not have to require repayment and reinvestment to enjoy compound returns.
Aave will soon launch native Stablecoin GHO
Aave is the preferred, so one of its main challenges is attracting sufficient stablecoin deposits. Building a native stablecoin not only absorbs savings, it should also reduce borrower costs.
At the end of July, Aave’s proposal on issuing decentralized over-collateralized Stablecoin GHO was voted through. The approval rate is 99.99% (501,000 AAVE). Aave will enable the creation of GHO through the new Aave Improvement Protocol (AIP), managed by Aave DAO, which will allow users to use the collateral they provide to mint GHO, and the borrowing proceeds of GHO will belong to Aave DAO. In mid-October, Aave said it would deploy its Stablecoin GHO testnet in the coming weeks.
In November, the proposal to deploy Aave V3 to the zkSync 2.0 testnet was approved; , it is expected that Aave will also be deployed to StarkNet in 2023.
The new CEO of SushiSwap will announce the draft of the new Token economics
SushiSwap's new CEO, Jared Gray, has been caught in a scandal since he took office in early October. Encrypted KOL called it "viral marketing". It is a deliberate attempt to create momentum for Sushi's upcoming new Stablecoin. Jared Gray subsequently denied all related allegations.
On November 27, Jared Gray posted on social media that he and EONS developer David Wilson has completed the first draft of SushiSwap's new Token economics and will demonstrate it within the community next week. A public draft is expected in 2-3 weeks.
YIP-65 is ongoing to improve YFI Token economics
YIP-65 was released by Yearn community members, namely "Evolving YFI Token Economics", the proposal includes a four-step plan to pool voting rights and repurchase YFI to active Long-term YFI holder. In late December 2021, YIP-65 passed with more than 99% of the votes in favor.
YIP-65 includes the following four steps, veYFI is currently underway.
· Staking vault (xYFI)
· Vote-locked YFI (veYFI)
· Vault Gauges + Voting
· "Useful Work" feature
Chiliz Chain 2.0 will be launched when Qatar World Cup is underway
As the 2022 Qatar World Cup kicks off, Fan Token has received attention as scheduled. In December, the EVM-compatible, BSC fork chain Chiliz Chain 2.0 (Chiliz Chain 2.0) will be launched soon, with CHZ as its native Token.
Chiliz Chain 2.0 is:
· Successor to the current Chiliz Chain;
· A "self-sovereign" blockchain that provides safety and security for elected validators;
< p>· EVM compatible, supports all existing Ethereum tools, provides faster settlement speed and reasonable transaction fees;· distributed system with on-chain governance. The PoSA consensus mechanism brings decentralization and community participation;
· In the future, it will allow interoperability with the Ethereum mainnet and other chains.
According to official news, FanFest, the developer of the sports live broadcast membership system/token verification system, has become the latest project to be launched on the Chiliz chain 2.0 public chain.
Secret Network 2.0 main network of privacy blockchain will be launched soon
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Secret Network will host the 2022 Secret Summit on December 15th and launch the 2.0 mainnet. Guy Zyskind, founder of Secret Network and CEO of SCRT Labs, will give an opening speech, and experts in the field of Web3 privacy will participate in discussions and more. Its official website hints that important news will be announced this month.
Zk Season! zkSync and StarkWare will issue Token
StarkWare President Eli Ben-Sasson said that the original plan was to launch in September StarkNet , which issued native tokens, had to postpone the plan until October due to the need for Solidity contract optimization. However, as November draws to a close, StarkWare hasn't delivered on its promises.
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In mid-November, zkSync development company Matter Labs announced the completion of a $200 million Series C round of financing, led by Blockchain Capital and Dragonfly, with participation from a16z, Variant, and Lightspeed Venture Partners. After the completion of this financing, its total financing has reached 458 million US dollars. At the same time, zkSync announced on its social platform that it will allocate two-thirds of the potential future Tokens to the zkSync ecosystem, and will try its best to ensure the transparency and fairness of the distribution.
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Tokens worthy of attention include MINA, LRC, MATIC, DUSK, RUNE, METIS and AZERO.
Loopring will distribute the protocol fees to LRC staking users in Q4
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On October 4th, Loopring, the zk-Rollup protocol of Ethereum Layer 2, indicated that it will readjust Loopring DAO to manage various on-chain protocol parameters , including the distribution of protocol fees, the distribution of DAO funds, etc. During the fourth quarter of 2022, Loopring will use 16% of the protocol funds accumulated in the past few months to sponsor liquidity mining activities; in addition, a new LRC Token economics proposal will be proposed, or LRC staking will be reintroduced, and the monthly protocol A percentage of the fee is allocated to users who choose to stake LRC on Loopring L2.
Cardano Ecological Stablecoin Djed will The main network will be launched in January next year
On November 22nd, Cardano developers announced at the Cardano Summit , its first decentralized Stablecoin Djed will be launched on the mainnet in January next year. Djed will be integrated into 40 applications in the Cardano ecosystem at launch. After the launch of Djed, Cardano users will be able to use Cardano’s native token ADA as collateral to mint Stablecoins. Stablecoins are designed to be over-collateralized, and each Djed requires more than 400% of the collateral value to be minted.
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