1. Worldcoin changed its name to World Network and launched its Layer2 mainnet World Chain link
After Worldcoin officially changed its name to World Network (World for short), it officially launched its Layer2 mainnet World Chain. Optimism, Alchemy, Uniswap, Safe, Dune and Etherscan will support the launch of this blockchain. The blockchain is built using OP Stack, and World Network said that user transactions account for about 44% of OP Mainnet activity, making it the largest application on the network.
2. Eclipse: Eclipse mainnet is open to the public, official bridge is online link
Ethereum SVM Layer2 network Eclipse tweeted that the official bridge is now online. In the next 4 months, all platform fees on Scope will be donated to the Eclipse Creator Fund to support artists and their creative activities on Eclipse. With the Eclipse mainnet open to the public, the withdrawal function will be launched in the next few weeks.
3. Fuel Labs announces the launch of its new Layer 2 network Ignition mainnet link
Fuel Labs announced the launch of its new Layer 2 network Ignition mainnet on October 16, which adopts the UTXO model and supports parallel transactions. Fuel Labs said that Ignition can process more than 21,000 transactions per second on a single core, and its underlying FuelVM virtual machine provides efficient execution capabilities for decentralized applications. CEO Nick Dodson pointed out that Ignition aims to use the security provided by the Ethereum mainnet to avoid the blocking problem of the global state tree to improve network scalability and remain user-friendly on consumer-grade hardware.
4. Scroll suspected team address airdrop points exposed, users questioned the fairness of its distribution, Lianchuang responded that the team will not receive the airdrop link
According to an on-chain investigation by community user @Andrey_10gwei, dozens of addresses associated with the Scroll founding team received airdrop points ranging from tens of thousands to millions. For example, the address: 0x1e…CB0 deposited 1 million USDC into Scroll at the end of October last year, and then deposited it into Aave in mid-February this year. It has obtained more than 1 million points so far. The address: 0x472…4C7A, which provides Gas fees for the address: 0x1e…CB0 and is marked by Arkham as a suspected Scroll team address, also received 43,000 points. The address first deposited funds into Scroll on October 10 last year, deposited 46 ETH that month, transferred out 30.1 ETH to multiple addresses, and then held about 15 ETH to date. The suspected Scroll team address: 0x472…4C7A is provided with Gas by the holder haichen.eth, and the address is also the signer of the multi-signature address "Scroll: Fundraise". At present, the Scroll airdrop has not been issued, and it is not possible to confirm whether these suspected internal addresses of the team are eligible to obtain the airdrop, but the community generally believes that the number of airdrops will be linearly related to the points. Scroll has not yet commented on this matter.
Scroll co-founder Sandy Peng responded to concerns about point distribution and team wallets: All users, including project and team wallets, automatically accumulate points by transferring assets through cross-chain bridges or interacting with the protocol; team and treasury wallets hold points, mainly used to support the development and operation of the ecosystem, ensuring fund security and liquidity management; to prevent conflicts of interest, Scroll co-founders and team members will not receive airdrops to ensure fairness.
5. Sui Foundation: The seller of $400 million SUI is not an insider link
The Sui Foundation responded to the allegations of a $400 million token sale, emphasizing that no insider, foundation, or Mysten Labs employee was involved in any such token sale, and all operations were in compliance with the lock-up period and circulation supply plan. The Foundation pointed out that the wallet mentioned in the allegations may belong to its infrastructure partner, and the partner's operations were also in compliance with regulations. According to Wu, analyst @defioasis, the allegations may be based on transaction records of a large number of tokens redeemed from Sui's staking account 0x7f3b...3239e4 and transferred to Binance, OKX, and Bybit exchanges. Since June, the associated address has redeemed more than 82.6 million SUI from the staking account and transferred it to these exchanges through frequent small transactions. This type of operation was discovered by Korean professor Jaewoo Cho as early as August last year, and it is not a recent action taken due to the market rally. In June this year, the Korean media Block Media also disclosed signs of the flow of these tokens and believed that the influx of some tokens into exchanges was related to "Travel Rules".
6. Sonic Announces Token Economics: 6% of Initial Total Supply Will Be Provided for Airdrops link
Sonic Labs released a simplified white paper (Litepaper), disclosing that it is introducing token economics based on a community governance proposal. The key points are as follows: At the time of official launch, S's circulating supply will be approximately 2.88 billion, and the total supply will be 3.175 billion, which is comparable to FTM's supply; six months after launch, the network will provide 6% of the initial total supply for airdrops to reward Opera and Sonic users, and vesting will be done within 9 months after the airdrop; six months after launch, the network will mint 1.5% of the initial total supply each year for six years to fund growth and destroy any unused tokens; starting four years after the launch of Sonic, the annual inflation rate will be 1.75% to reward validators.
7. Sei announces launch of fastUSD stablecoin, powered by Elixir link
Sei announced the launch of the stablecoin fastUSD, which is technically supported by Elixir. fastUSD is the first yield-based stablecoin on Sei. It has integrated DragonSwap and JellyVerse to provide higher liquidity and composability for Sei's DEX. Cross-chain asset transfers are achieved through Hyperlane, and Redstone Oracle provides data security, further improving the stability of fastUSD. Official data shows that users holding fastUSD will receive Sei token rewards and Elixir's reward plan.
8. deBridge launches governance token DBR and airdrops to 491,000 wallets link
Cross-chain protocol deBridge announced that its governance token DBR has begun circulation and will be airdropped to 491,000 wallets. DBR is the SPL token on Solana, with an initial circulation of 1.8 billion and a maximum supply of 10 billion. All airdrop recipients can choose to receive 50% at TGE, 50% after 6 months, or 80% at TGE minus a 20% penalty. All strategic partners and core contributors are locked until 6 months after the end of TGE, and then vesting begins (20% unlocked, and the rest vested quarterly for 3 years). deBridge said that this airdrop is the first cross-cryptocurrency (on-chain and off-chain) hosted airdrop in history, working with more than 10 centralized exchanges such as Bybit and Kraken. 10% of the airdrop was received by CEX and 90% will be received on the chain.
9. Hyperliquid announces the establishment of Hyper Foundation and will launch its native token link
Hyperliquid announced the establishment of the Hyper Foundation, which aims to support the development of the Hyperliquid blockchain and ecosystem. As part of the development plan, Hyperliquid will launch the native token HYPE, which is essential to the development of HyperBFT consensus and HyperEVM. Eligible users can claim HYPE tokens and commemorative NFT "Hypurr" before November 11, 2024 to commemorate the upcoming launch of the HyperEVM mainnet.
10. PancakeSwap announces PancakeSwapX, introducing zero-fee and gas-free transactions on Ethereum and Arbitrum link
PancakeSwap announced the launch of PancakeSwapX, which aims to enhance the user trading experience by integrating liquidity from multiple sources, including PancakeSwap's AMM, other decentralized exchanges (DEXs), and external liquidity providers. The main features of PancakeSwapX include: seamless integration with the PancakeSwap interface, zero-fee trading at launch, allowing users to get better execution prices, and no gas fee trading. PancakeSwapX was initially launched on Ethereum and Arbitrum.
