$W
The first phase of Wormhole's Staking Reward Program (SRP) is now open for claiming, with over 50 million W tokens to be distributed to 58,415 eligible addresses. This program is aimed at early token holders who stake on the EVM chain and Solana from June 10, 2024, to January 8, 2025. Eligibility requirements for EVM chain users include a minimum of 25,000 W token days (e.g., holding 1,000 W staked for 100 days), while Solana users must maintain a minimum stake of 100 W between December 4, 2024, and January 8, 2025. All rewards will vest linearly over 90 days after unlocking. Meanwhile, the second phase of the Staking Reward Program has already begun.
#w

$ZIL
The public chain Zilliqa states that the network recovery has been completed, and the Zilliqa mainnet has restored all functions. Transactions can now resume on the network.
Previously, Zilliqa noted that there was an issue with the Look-up nodes being out of sync, which caused transactions to fail to upload to the blockchain for processing. To restore the network, the Zilliqa team took measures, during which the network could not process transactions, but the funds were safe. If you cannot see the funds in your wallet, you can check on-chain.
#zilliqa

$PYTH
Pyth Network announces the launch of Pyth Lazer, a low-latency oracle service that provides ultra-fine price sources and market data. The main features of Pyth Lazer include:
1. Ultra-low latency updates: Pyth Lazer provides high-frequency price streams with update times as short as 1 millisecond, as well as supports 50 milliseconds and 200 milliseconds streams, along with customizable frequencies. Developers can choose from various frequency channels based on specific needs.
2. Rich market data: Pyth Lazer provides rich market data for protocols, including bid-ask spreads, market depth, and will offer data such as moving averages in the future. This data helps DeFi users better analyze liquidity, track order book dynamics, and respond quickly to price changes.
3. High performance and low cost: Pyth Lazer optimizes the validation process, ensuring efficient price updates in environments like EVM and Solana. On Solana, Lazer transactions consume only 15K compute units and support simultaneous processing of 20 price sources, allowing protocols to obtain real-time prices with minimal overhead.
4. Support for multiple blockchains: Pyth Lazer supports various blockchain ecosystems such as EVM (Ethereum Virtual Machine), SVM (Solana Virtual Machine), ensuring seamless integration.
5. Customization and scalability: Pyth Lazer offers customizable data sources and frequency options, supporting price updates for over 1000 different assets, and can expand data sources based on user needs.
6. Security and accuracy: Pyth Lazer uses diversified data sources and supports circuit-breaker strategies to ensure the accuracy and security of the data. Protocols can cross-verify the high-speed data streams of Pyth Lazer with the Pyth Core data streams, combining real-time performance with additional resilience.
Pyth Lazer is designed for protocols that require speed, such as perpetual contracts and trading applications competing with CeFi, serving as a complementary product to the Pyth Core oracle service.
#pyth

$JUP
Solana ecosystem DEX Jupiter announced the launch of the Jupuary 2025 airdrop checker. This airdrop will distribute 700 million JUP tokens, divided into three main categories: user airdrop (440 million JUP), staker airdrop (60 million JUP), and incentive pool (200 million JUP). The user airdrop sets multiple levels based on trading volume and introduces an anti-witch attack mechanism; staker rewards are calculated based on time-weighted staking amounts, with active voters and long-term stakers eligible for additional rewards.
Previously, the Jupiter community passed a new round of airdrop proposal with an 87% support rate, planning to distribute a total of 1.4 billion JUP tokens in two phases over the next two years. This proposal made several adjustments to the original plan, including allocating unclaimed JUP tokens to the ASR (holding incentive) reward pool, prioritizing staked users, and strengthening anti-bot measures. The new plan will focus on actual participants in the ecosystem, considering key indicators such as user holdings, participation, and usage frequency.

#jup #jupiter

$IOTX
DePIN Leadership Ecosystem IoTeX and enterprise-grade digital asset management platform Fireblocks have reached a partnership. Through Fireblocks, the native assets of the IoTeX ecosystem, $IOTX and other on-chain assets will be available for global institutional investors, enterprises, and exchanges, including Mastercard, Amber Group, Bybit, Deribit, Revolut, Bakkt, GSR, Parafi, eToro, VanEck, Banxa, Moonpay, and others. DePIN and AI are the core tracks for traditional enterprises and institutional investors entering the cryptocurrency industry. IoTeX is committed to lowering the barriers for traditional industries and capital to enter Web3 from various fields such as technology, engineering, capital, and market.
Through modular upgrades, IoTeX 2.0 adopts an open platform with full-chain compatibility, introducing top partners from various fields to provide comprehensive underlying service support for DePIN and AI projects. This collaboration with Fireblocks is an important part of that. Specifically, this integration utilizes Fireblocks' advanced infrastructure, enabling institutional users to securely store, manage, and transfer native IOTX and IoTeX-based tokens, leveraging Fireblocks' MPC technology, Intel SGX, its unique strategy engine, and deposit address authentication network to provide the market with an unbreakable system. This opens up new opportunities for companies utilizing IoTeX for DePIN data tokenization or decentralized applications, ensuring seamless and secure operations at scale.
#iotex #iotx

$ZRO
LayerZero announces the launch of Quick Merkle Database (QMDB), a high-performance verifiable database optimized for blockchain, developed by LayerZero Labs, licensed under MIT and Apache-2, and fully open-source. Here are some key features of QMDB:
High Performance: QMDB can handle 2.28 million state updates per second, supporting 1 million TPS (benchmark transactions per second). In benchmark tests, its workload can reach 15 billion (10 times the state of Ethereum in 2024), and it has proven capable of scaling to 28 billion records on a single server.
Efficient Data Access and Updates: Each state access requires only a single read, with an I/O of O(1) during updates, and performs in-memory Merkleization with a storage footprint of 2.3 bytes per record.
Wide Hardware Compatibility: QMDB can efficiently scale on both consumer-grade and enterprise-grade hardware.
The design goal of QMDB is to address critical bottlenecks in blockchain state management by integrating key-value (KV) and Merkle tree storage into a unified architecture, achieving significant throughput improvements. Its innovative append-only “twig” design allows each state access to require only one SSD read, with update operations having constant-level I/O, and enabling Merkleization to be completed in memory without SSD read/write. These features ensure that QMDB not only meets current blockchain demands but also provides a solid foundation for building scalable, efficient, and verifiable decentralized applications.
#layerzero

$EIGEN
According to the Eigen Foundation announcement, the Protocol Council has officially launched, and the Foundation has completed the final locking transaction to transfer control to the Council. The Protocol Council is the core decision-making body of EigenLayer governance, responsible for reviewing and approving EigenLayer Improvement Proposals (ELIPs) to ensure all protocol upgrades meet security requirements and support the sustainable development of the ecosystem. The council members are diverse representatives from the Eigen ecosystem, aimed at advancing the decentralized governance of the protocol.
The governance system of EigenLayer, EigenGov, will be controlled by a network of councils, composed of trusted high-context domain experts, authorized by token holders to represent the community in decision-making and held accountable through a system of checks and balances. Additionally, EIGEN holders will have the right to veto council decisions. The Eigen Foundation is implementing an incubation concept for creating, appointing, and managing the council to ensure the establishment of a resilient, transparent, and decentralized council network. This council governance design includes aspects such as council incentives, council coordination, and council accountability.
#eigen

$USUAL
Detailed interpretation of the latest updates from Usual official:
1. Activation of USUALx holder income conversion function
Function Overview: From January 13, the income conversion function for USUALx holders has been activated. This means that users holding USUALx positions within this week will be eligible to receive income distribution from collateral from the previous week.
2. 1:1 Early Unstaking Function Launch
Launch Time and Rules: The 1:1 early unstaking function will be launched on January 14, along with all related rules. Users can choose farming and unstaking strategies. However, according to news from January 11, if users want to exchange USD0++ at a rate of 1 dollar, they must forfeit part of the accumulated rewards as a penalty.
3. Usual Ecosystem Income Redistribution Operation
Distribution of USUAL Token Supply: 90% of the USUAL token supply is allocated to the community.
4. Collateral Income Distribution: 100% of the collateral income is distributed weekly to USUAL stakers, rewarded in USD0.
5. Detailed Documents on Distribution Mechanism and New Staking Mechanism
Detailed Document Release: A detailed document regarding the distribution mechanism will be released this week.
6. Launch of New Staking Mechanism: A new staking mechanism will be launched soon, aimed at creating a more autonomous and elegant redistribution system.
7. Weekly Report Release
Weekly reports will also be released to allow everyone to verify on-chain income.
#usual

$ZK
The TPP draft initiated by the ZKsync community regarding the "Extension Request for AAVE DAO Airdrop Claim" aims to access the unclaimed ZK airdrop allocated to AAVE DAO through a new Capped Minter and distribute it to AAVE users and partner protocols on ZKsync. Representatives of AAVE DAO have deployed a new ZK Capped Minter V2, and once this proposal is approved, the MINTER role will be assigned to the Capped Minter, allowing AAVE to mint ZK and distribute it to AAVE users on ZKsync.
This proposal is primarily put forward to address the issue of the AAVE DAO airdrop claim period being too short, which has led to some users being unable to claim in time, ensuring that more users can receive their deserved airdrop rewards, and further promoting the prosperous development of the ZKsync ecosystem. Currently, this proposal is under discussion and voting within the ZKsync community, and the final result will determine whether to extend the airdrop claim period and how to allocate the unclaimed airdrop.
#zksync

$USUAL
Usual has stated that it has realized the community's concerns regarding the significant decoupling of its pegged stablecoin USD0++ from $1, and will implement a series of measures to address user concerns and stabilize the ecosystem. The specific measures are as follows:
Revenue Switch Function
• Start Date: To be launched on January 13.
• Source of Revenue: Share the revenue generated from real-world assets and protocol operations with the community.
• Expected Revenue: The team expects a monthly income of approximately 5 million USD, with an annual return rate exceeding 50% under current conditions.
• Distribution Frequency: Distributions will occur once a week.
• Purpose: To consolidate the actual value of USUAL, balance its economic model, and the revenue generated by the protocol.
1:1 Early Unstaking Function
• Start Date: To be launched next week.
• Function Description: Allows users to exchange USD0++ at a rate of $1, but they must forfeit part of the accumulated rewards as a penalty.
#usual

$GRT
Blockchain Data Index Protocol The Graph announces the launch of the knowledge-sharing application Geo Genesis, allowing users to organize and share Web3 knowledge, aimed at enabling inexperienced users to utilize Web3 and encouraging participation in the decentralized ecosystem. The Graph expects to transition from asset-based protocols to knowledge-centric applications.
Geo Genesis is an intuitive and user-friendly web application that enables users to directly manage and organize knowledge on its platform. Its core features revolve around 'spaces' where communities can come together to share and manage knowledge. These spaces facilitate collaboration and come with decentralized governance tools based on the modular Aragon OSx framework, designed to help communities effectively reach consensus. Over time, each space can implement customizable governance processes, providing foundational elements for creating and sharing verifiable, open, and composable knowledge.
The launch of Geo Genesis closely follows the release of the GRC-20 data standard, which promotes interoperability and adaptability of knowledge graphs, allowing users to create and manage knowledge directly on the GRT network. The application will shift focus from asset-oriented to knowledge-centric community engagement, equipped with governance tools to facilitate collaboration among users. Geo Genesis is currently open for early access, featuring editor and member roles, where editors can vote on governance matters while members actively participate in their respective spaces. Initially, a knowledge graph curated by editors will be showcased, focusing on cryptocurrency news and demonstrating how knowledge graphs can effectively construct news stories.
#grt

$USUAL
The RWA stablecoin project Usual stated that it is actively ensuring that there are no bad debts in the current lending market, and all liquidation proceeds will go directly into the DAO treasury, ultimately benefiting USUAL holders. A new Morpho market has been created, and all migrations can be completed within hours. This indicates that the Usual project is taking proactive measures in risk management to maintain the stability and credibility of the project by ensuring a bad debt-free lending market. Directly channeling liquidation proceeds into the DAO treasury not only enhances the project's financial strength but also provides potential appreciation opportunities for USUAL holders, reflecting the project's emphasis on community interests and its feedback mechanism. The establishment of the new Morpho market and its rapid migration capabilities further enhance the project's operational efficiency and user experience, helping to attract more users and capital inflow, thereby boosting the project's competitiveness and market share in the lending market.

#usual

$THETA
The 2025 roadmap released by the decentralized streaming platform Theta is as follows:
First half plan:
Launch of EdgeCloud's hybrid cloud edge architecture: The hybrid cloud edge architecture of EdgeCloud will be launched in June 2025, expanding the rapidly growing edge network. This version will fully support distributed edge architecture across devices, regions, and configurations, able to prioritize and opt-out of specific job types, and analyze completed jobs.
Release of developer API interface: Provide developers with the tools needed for efficient development on EdgeCloud.
Launch of other major features: Based on the current needs of EdgeCloud customers, features such as persistent storage, GPU node upgrades, and on-demand API access to AI models will be launched. These features, together with the beta version of the AI Agents platform, will automatically utilize AI models through on-chain autonomous interactions to achieve a wide range of use cases and encourage customers in key target areas such as academia, private enterprises, professional sports, and esports to continue adoption.
Second half plan:
Expand Theta Hackathon to offline events: Expand the Theta Hackathon to offline events and provide ongoing support for Theta ecosystem projects.
Collaborate with professional sports and esports teams: Discussions are underway with several well-known professional sports and esports teams, hoping that EdgeCloud can help them formulate AI strategies and have the opportunity to launch sub-chains to support their business use cases.
Integration and rebranding of TDROP token: Third-party platforms are also considering integrating TDROP as a user participation token, starting from OpenTheta, with more platforms expected to go live by 2025. Additionally, an assessment is underway and the possible rebranding of TDROP is being considered to extend its utility to AI agents, RAG chatbots, and other consumer-facing AI and video AI applications built on EdgeCloud.
Full release of EdgeCloud's hybrid edge cloud architecture: The full release of EdgeCloud's hybrid edge cloud architecture will take place in 2025, including intelligent job orchestration and optimization, along with full support for Linux, Windows, and Mac.

#THETA

$ARB
The Arbitrum DAO has initiated a proposal for improvement (AIP) voting, planning to upgrade the Arbitrum One and Nova chains to the Bounded Liquidity Delay (BoLD) protocol. This protocol will run on the testnet starting April 2024, and if the proposal is approved, it will be implemented on both mainnet chains in February 2025.
Key Features of the BoLD Protocol
Fixed Time Window: The BoLD protocol introduces a fixed time window (approximately 13 days plus a 2-day grace period) to resolve chain state disputes, ensuring that all disputes are resolved within 12.8 days.
Open Verification Authority: This mechanism transitions verification authority from a whitelist system to fully open, allowing anyone to participate in network security verification, effectively reducing the risk of malicious delay attacks.
Enhanced Security: The BoLD protocol aims to strengthen the security of Arbitrum withdrawals to the Ethereum mainnet by enhancing the security of optimistic rollups through interactive fraud proofs.
Voting and Implementation Plan
Voting Status: Currently, the proposal has received unanimous support from community members, and voting will end on January 24, 2025.
Implementation Timing: If the proposal is approved, the BoLD protocol will be implemented on Arbitrum One and Nova chains on February 12, 2025.
Significance and Impact
Decentralization: The implementation of the BoLD protocol will make the Arbitrum network more decentralized, allowing anyone to participate in verification, which will enhance the diversity and resilience of the network.
Increased Security: With a fixed time window and open verification authority, the BoLD protocol will significantly reduce the risk of malicious delay attacks and improve the overall security of the network.
User Experience: A faster dispute resolution mechanism will enhance the user transaction experience, reducing delays caused by malicious attacks.
The approval of this proposal will have a positive impact on the long-term development of the Arbitrum network, making it more competitive among Layer 2 solutions.

#ar

$STX
Currently, the Stacks Network has completed a 500% upgrade in network bandwidth. This significant increase in bandwidth will enable users to transact faster and more efficiently, supporting the growing use of Bitcoin as a global layer for decentralized applications. At the same time, it also means that the platform can manage more transactions and facilitate more complex processes, which is crucial for the development of applications built on Bitcoin.

Additionally, the tenure-extend functionality in the Nakamoto protocol has now been launched on the Stacks mainnet, and this early launch is considered an important advancement. Previously, the Stacks Nakamoto upgrade was successfully launched on October 29, 2024, introducing the "fast block" and "Bitcoin finality" mechanisms, allowing Stacks block production to operate independently of Bitcoin block production, with user transactions being confirmed in a matter of seconds. The launch of the tenure-extend feature will further enhance the network's performance and stability.

The core development team plans to implement multiple optimizations in 2025 to continuously improve the performance and user experience of the Stacks network, driving its development in the Bitcoin Layer 2 space.

#stx #Stacks

$SNX
Synthetix announces that it is shifting its operational focus for perpetual contracts to the Base network, while its perpetual contract market on Arbitrum will be closed, currently set to close-only mode, where users cannot open new positions or increase existing positions.
USDx on Arbitrum needs to be exited along with the Arbitrum perpetual contract products; Synthetix Treasury has purchased USDx from the open market and funded a wrapper to support the conversion of USDx to USDe.
Synthetix encourages traders to migrate their trading to the Base network; all markets on Arbitrum are available on Base, and traders can directly cross-chain funds from their Swap interface.

#Synthetix #snx

$PYTH
Pyth Network announces that it now supports USD0++/USD price feed services, and it is currently the only oracle project that supports USD0++ price feed services. USD0++ is a liquid staking token of USD0, while USD0 is a stablecoin issued by the decentralized stablecoin protocol Usual.

Pyth Network supports price feed services for USD0 and USD0++, which means that DeFi applications can obtain more accurate price information for these two tokens, allowing for better risk management and trading. This is significant good news for users and developers of USD0 and USD0++ as it increases the liquidity and market trust of these tokens.

As an oracle solution, Pyth Network supports 78+ blockchains and provides over 500 live price data feeds. Previously, Pyth also launched an upgraded oracle security staking feature, Oracle Integrity Staking (OIS), aimed at further enhancing the reliability of data sources and the security of the DeFi ecosystem, providing strong support for dApp developers.

#pyth

$WLD
According to news on January 10, 2025, the digital identity project World (formerly known as Worldcoin) supported by Sam Altman has verified more than 10 million users, and the World App has been downloaded more than 20 million times, covering more than 160 countries.
Worldcoin was co-founded by Sam Altman, Max Novendstern and Alex Blania in 2019. It aims to build a globally inclusive financial and identity system that everyone can access, with a special focus on combating the proliferation of AI by proving human identity. In October 2024, Worldcoin announced that it would be renamed World to better reflect the project's new mission of "accelerating every human being". Its goal is to create a global identity system while distributing a new cryptocurrency to all those who verify their identity to achieve financial inclusion and secure verification of digital identity.

#wld #wld

$FET
Fetch.ai announced that it will invest $10 million to establish an accelerator to support startups developing solutions focused on artificial intelligence agents, quantum computing, and high-performance technologies. The accelerator, which operates through Fetch.ai's Innovation Lab, aims to connect research with real-world applications. With centers in San Francisco, London, and India, the lab will provide funding, mentorship, and Fetch.ai's agent-based technology to help startups scale globally.
#fet

$APT
$LINK
The Aptos network has officially integrated Chainlink's data oracle, providing developers with a reliable solution for accessing off-chain data and computation services. Through this collaboration, Aptos developers can utilize Chainlink's decentralized oracle network to obtain high-quality, tamper-proof data, thereby enhancing the development of their decentralized applications (dApps). This not only improves the reliability of the applications but also provides the necessary data support for complex Web3 applications.
This integration is an important step for Aptos, a next-generation Layer-1 blockchain based on the Move programming language, as it provides developers with key tools and industry-leading data through Chainlink's data oracle and Cross-Chain Interoperability Protocol (CCIP) to build feature-rich dApps. This marks the first integration of Chainlink CCIP and data oracles in a Move-based network, showcasing the innovation and commitment of Aptos and Chainlink in advancing blockchain technology.
Mo Shaikh, co-founder and CEO of the Aptos Foundation, recently resigned, and co-founder Avery Ching has taken over as CEO. This personnel change has not affected the collaboration between Aptos and Chainlink, but rather brings new opportunities for Aptos's future development.
Overall, the collaboration between Aptos and Chainlink not only provides developers with more powerful tools but also solidifies Aptos's position as a top dApp platform. Through Chainlink's data oracle, the Aptos network can support safer and more efficient decentralized application development, driving further advancements in blockchain technology.

#aptos #chainlink