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Week ahead | ether.fi plans to launch mainnet on November 6; Reddit will cancel community points on November 8

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Preview of key events from November 6 to November 11

精选事件 (Selected Events)

1. Reddit will cancel community points on November 8th.

2. The public chain project Shardeum will release its white paper on November 8th.

3. ether.fi plans to launch its mainnet on November 6th, with a focus on integrating with DeFi protocols.

4. The GameFest NFT launched by Arc8, a subsidiary of GAMEE, will start public offering on November 8th, with a price of 0.01 ETH.

5. The proposed cryptocurrency regulations for brokers by the US Department of Treasury and Internal Revenue Service will hold a public hearing on November 7th.


November 6th


OpenAI will hold its first developer conference in San Francisco on November 6th.

OpenAI has announced that it will hold its first developer conference, OpenAI DevDay, on November 6th. "We will also live stream the keynote speeches," the company said.


ether.fi plans to launch its mainnet on November 6th, with a focus on integrating with DeFi protocols.

According to official sources, DeFi protocol Ether.Fi plans to launch its mainnet on November 6th. Users can register to join the whitelist, and early eETH stakers will receive loyalty points. Once the re-staking service is launched, they can receive higher staking rewards. In addition, the official stated that they plan to focus on integrating with other DeFi protocols, and their current partners include Balancer, Aura, Gravita Protocol, Maverick Protocol, Pendle, and other protocols. BlockBeats previously reported that on October 18th, ether.fi announced the launch of its liquidity staking token (LST) eETH, which allows users to earn rewards by staking Ether (ETH).


The Utopia DAO compensation payment system, which was previously invested in by Paradigm, announced that it will shut down on November 6th.

DAO Payment System Utopia announced in October that it will shut down its services on November 6, 2023. The product will be available for free use until the end of October. The announcement emphasized that this action does not mean the closure of the company, but rather the abandonment of existing products and directions. Utopia announced in June last year that it had completed a $23 million Series A financing led by Paradigm.


Notional Finance, a fixed-rate lending agreement, will launch its V3 version on Arbitrum on November 6th.

The fixed-rate loan agreement Notional Finance will launch version 3 on Arbitrum on November 6th, and will provide liquidity providers with an incentive of 2 million NOTE. In addition, version 3 will add support for cbETH, ARB, RDNT, and GMX as collateral. After the launch of version 3, more leveraged vaults using Balancer and Aura will be added.


November 7th


SSV Network community "Mainnet Incentive Plan" proposal has started voting and will end on November 7th

The "Mainnet Incentive Plan" proposal of SSV Network community has started voting in October and will end on November 7th. The proposal aims to create an incentive layer for the running SSV mainnet, promoting the adoption of DVT in SSV network and the growth of SSV network. The plan will run for 1 to 12 rounds starting from epoch 232538 (approximately 12:03 AM UTC on October 1, 2023) and ending at epoch 314887 (approximately 11:57 AM UTC on September 30, 2024). Each validator on the mainnet will receive SSV token rewards based on the grading reward system.


Jump Trading has accumulated a large amount of HFT and may be preparing for the HFT large unlock event on November 7th.

According to Scopescan data, Jump Trading accumulated a large amount of HFT in October, including 2.56 million HFT (approximately $886,000) withdrawn from the Binance platform and 2.69 million HFT (approximately $896,000) extracted from the treasury. Subsequently, a total of 13.7 million HFT (approximately $4.5 million) was transferred to a new wallet address, and a series of token transfers may be related to the HFT unlocking event on November 7th. According to Token Unlock data, the total circulation of HFT (HashFlow Token) as of October 4th was approximately 220 million, and it will be unlocked to approximately 380 million around November 7th and linearly unlocked to nearly 900 million within the next 2 years.


The US Department of Treasury and the Internal Revenue Service will hold a public hearing on proposed cryptocurrency regulations for brokers on November 7th.

According to official sources, the US Department of the Treasury and the Internal Revenue Service will hold a public hearing on proposed cryptocurrency regulations for brokers on November 7. The official document shows that "if necessary, a second public hearing will be held on November 8, 2023." It is reported that the proposed rules will require digital asset brokers, including trading platforms, payment processors, and certain custodial wallet providers, to report the total revenue from all digital asset sales or transactions starting from January 1, 2025. This requirement will take effect on January 1, 2026, or later.


NEARCON 2023 will open on November 7th.

According to official sources, NEARCON 2023 will be held in Lisbon, Australia from November 7-10.


November 8th


Reddit will cancel community points on November 8th

According to TechCrunch, Reddit has decided to terminate its blockchain-based community points service, which has been in operation for nearly three years, and will cancel community points on November 8. Tim Rathschmidt, Reddit's Consumer and Product Communications Director, said, "While we see some future opportunities for community points, the resources required are too high to sustain. In addition, the regulatory environment has also increased the difficulties in this area."


Decentralized open source instant messaging platform Status: will release new brand and website on November 8th

The decentralized open-source instant messaging platform Status announced on its social media platform at the beginning of the month (November 1st) that it will release a new brand and website in 7 days (November 8th).


The public chain project Shardeum will release its white paper on November 8th.











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