Lens Protocol performs V2 upgrade on Polygon
Lens Protocol, the sister project to lending protocol Aave, has just released its V2 upgrade on the Polygon network.
The upgrade brings many new features, including Profile Manager - which supports personal profile management by one or more people, as well as multisigs and DAO integration, along with Handles - which helps create a secondary, differentiated identity layer. with “profile” on the platform.
Another notable feature on Lens is "Pay to read the rest", which attracts users to pay more to read the rest of the article. In addition, Lens also launched Smart Posts, another way to monetize content using protocols, tips, votes, subscriptions and donations.
Stani Kulechov, Founder of Aave and CEO of Lens Protocol, said the goal of V1 is to launch the Web3 social network, promote innovation as well as test tools that benefit the Lens ecosystem. Entering V2, the project hopes to transition to a more flexible modular design, increasing user autonomy in the social network experience.
Lens Protocol was launched in February 2022 and has successfully raised 15 million USD from many large investors. As one of the first startups to lay the foundation for the web3 social network segment, Lens aims to overcome the limitations of Web2 platforms such as Facebook and X (Twitter).
Disney launches NFT platform on Flow blockchain
On the evening of November 14, 2023, users were abuzz with the news that the world's largest entertainment corporation Disney had cooperated with Dapper Labs, the Flow blockchain developer, to launch an NFT trading platform called Disney. Pinnacle.
Designed as a social experience that allows fans to collect and trade digital characters from the mouse's massive entertainment universe, Disney Pinnacle promises to be a Global transactions but guaranteed safety.
According to the press release, the platform will host intellectual property from Lucasfilm, Pixar and Walt Disney Animation Studios. Therefore, Disney's iconic brand characters such as Woody, Buzz Lightyear in "Toy Story", Snow White, or villains/heroes of the Star Wars or MCU series can all appear in Disney Pinnacle as NFT non-physical assets are tradable.
Each collectible in each collection is designed to have its own journey, allowing collectors to personalize them anywhere using just their phone.
The first Disney Pinnacle beta was announced on the morning of November 14, 2023, but was only available to users on the waitlist for the purpose of testing and commenting on modifications. The official version is expected to launch later this year on both IOS and Android platforms via Apple Store and Google Play Store.
OKX develops Layer-2 "X1" on Polygon
According to information on Polygon Labs' X homepage, OKX will use the Polygon CDK toolkit to build a Layer-2 solution integrating ZK technology.
This new Layer-2 network is known as X1. Specifically, OKB token (native token of OKX exchange) will be used to pay gas fees on the network.
This step is expected to help OKX access the shared liquidity pool, one of the solutions integrated in Polygon's CDK toolkit.
In the opposite direction, with more than 50 million users, OKX is one of the largest CEX exchanges in the market. Integrating with existing pieces like OKX's on-chain wallet will make it easier for the Polygon ecosystem to reach new users.
dYdX Chain joins hands with Circle to circulate USDC
dYdX Chain, a blockchain based on the Cosmos SDK of the DEX of the same name, entered the mainnet beta stage on the evening of November 14, opening transactions for the first time after nearly a month of launching the alpha version to stress-test the network.
At the same time as the mainnet beta launch, dYdX also announced a partnership with Circle and the Noble team, increasing USDC liquidity from other networks to dYdX Chain.
This functionality is provided through Circle's Cross Chain Transfer Protocol (CCTP) bridge, and will soon appear on the mainnet of Noble - another Cosmos blockchain.
Now, users easily convert USDC between dYdX Chain and other blockchains. According to dYdX, USDC on Noble and the upcoming launch of CCTP will bring huge benefits to v4 of dYdX Chain.