Smart account protocol Safe accelerates expansion in Asia: TVL exceeds $94 billion, trading volume and liquidity increase significantly
Safe is a smart account protocol that provides abstraction and multi-signature interactions, and currently has a TVL of $94 billion across its 15 integrated chain ecosystems. Safe focuses on comprehensive security and reliability, and has continued to grow its user base since its launch in 2017, currently growing to over 27 million trusted users worldwide, covering both individual users and large institutions. Safe's smart accounts are highly adaptable, running on continuously updated open source code, and are able to adapt to the latest industry advances, including AI agents, DeFi 2.0, and PayFi systems.
Safe Modular Smart Accounts: Backed by 27 million users, trusted by multiple well-known projects
Safe is an account abstraction protocol and a multi-signature wallet. In short, it is a smart contract wallet launched in 2017 designed to manage digital assets across multiple EVM-compatible chains such as Ethereum, Polygon, Arbitrum, and Optimism.
Overview of smart accounts
The mission of Safe Wallet: Increase the adoption of smart contract-based accounts. Safe Wallet raised $100 million in a funding round led by top venture capital firm 1kx, with support from over 60 other investors.
Secured Finance and GLIF Establish Strategic Partnership to Empower Filecoin FVM
"The DeFi giants joining forces enhances liquid staking and opens up new income opportunities."
Secured Finance is a DeFi protocol focused on facilitating fixed income markets and cross-chain lending services, allowing users to efficiently and securely execute financial operations such as lending, bond trading, and interest rate swaps across multiple blockchain ecosystems. Through smart contracts and a decentralized architecture, Secured Finance provides transparent, low-cost, and trustless financial services while supporting the participation of both institutional and individual investors. Currently, Secured Finance has launched the stablecoin USDFC, collateralized by FIL, specifically tailored for the Filecoin ecosystem, aiming to address the lack of stablecoins within this network. The Filecoin network currently faces high volatility and limited value storage options, similar to the predicament Ethereum faced before the introduction of DAI.
SX Bet Technology and Innovation: The Future of Decentralized Prediction Markets
Leading the Blockchain Revolution: How SX Bet is Reshaping Prediction Markets SX Bet is at the forefront of a technological revolution and is the fastest-growing prediction market, reshaping the way users predict the outcomes of sports events and other events. Utilizing advanced blockchain infrastructure, SX Bet has established a platform that prioritizes transparency, security, and scalability, setting a new standard in the prediction market space. Advantages of Blockchain: Trust, Transparency, and Freedom SX Bet operates on the SX network, which is built on the Arbitrum Rollup solution. The advanced infrastructure allows users to make predictions directly through on-chain wallet accounts in a completely non-custodial system. By eliminating intermediaries, SX Bet ensures that every transaction can occur securely on-chain. Users can verify their predictions, outcomes, and expenditures, creating a system that embeds trust into the technology itself.
Secured Finance Launches USDFC: A FIL-Collateralized Stablecoin for the Filecoin Ecosystem
USDFC aims to provide financial stability for the Filecoin network and unlock growth potential On November 11, 2024, Zug — Secured Finance is pleased to announce the launch of USDFC, which represents "the dollar for the Filecoin community," or simply "USDF Coin." It is not just a stablecoin but a catalyst for the next phase of growth for the Filecoin network, providing the long-awaited stability, flexibility, and financial infrastructure for Filecoin users. Our mission is clear: to create a financial tool that not only stabilizes and enhances the ecosystem but also opens up new possibilities for the future of Filecoin.
Eclipse Foundation Launches Solana Virtual Machine Chain Mainnet Based on Ethereum
"The Eclipse Foundation has now launched the Eclipse mainnet, with multiple top projects already live in the thriving ecosystem of this network, covering users from both the Solana and Ethereum communities."
The Eclipse Foundation has built the SVM Layer-2 chain based on Ethereum, which combines Solana's high-speed parallel execution capabilities with Ethereum's security and extensive liquidity. Developers can build applications on Ethereum while enjoying the vast user community and rich assets of the network, as well as benefiting from the scalability and user experience of the Solana virtual machine. Eclipse eliminates fragmentation in the market, addressing the historical issue of developers and users needing to choose between the two major ecosystem leaders.
When people become gamblers, they will fall into a vicious cycle and will never be happy. Many KOLs who sell their houses and cars and risk everything to make a comeback are either stupid or bad. I really hope there will be fewer and fewer idiots like this, otherwise there will be more and more fools.
I remember when I was in college in Shanghai, I often saw some old men in their 50s and 60s talking to themselves in some squares or parks. They looked mentally ill and had been stimulated by something. Later, I asked some local classmates, and they said that most of these people had mental illnesses after losing money in stock trading. Many people only saw the dividends in this round of stock cycle, especially some new investors who never thought that they would lose all their money one day.
In fact, the ultimate destination or ultimate goal of many original bloggers is to make a living. There are very few who can always output without making a profit as a long-term goal. I have never seen it. It is true that the world is just a makeshift team.
In fact, I think the growth of the DeFi narrative is the most watery. One reason is that it has not shrunk as fast as many old narratives. The other reason is that the head protocols have mastered liquidity and funds. The overall market has not changed much. Everyone is regressing, and you are regressing less, so the overall DeFi narrative ratio has increased. In addition, the TON narrative can be added to this picture #DeFI
The pre-market was previously done in some DeFi markets, especially leveraged points mining is quite popular, represented by platforms such as Pencils Protocol and Pendle. Now Binance has personally stepped in to grab this part of users, which is a start, and more CEXs will enter the market in the future. The good thing is that it connects more people with the pre-market points market, further increasing the liquidity improvement effect of pre-market incentives. Of course, this market will enter an era of involution, which will greatly squeeze the market space of some DeFi in the same track, but it is expected to better force innovation. #binance真的是太牛了
People are fighting for names these days. BinaryX, or BNX, officially announced that it will rebrand and change its name to "Four". However, there have been projects with the brand name Four for a long time. One is the BNB Chain ecosystem meme project $FOUR, and the other is the meme LaunchPad platform four.meme on the BNB Chain (these two projects are both called Four and have a good relationship). Now BinaryX is changing to Four and stealing the name, which has caused extreme dissatisfaction among the latter two communities. $FOUR even publicly tweeted on its X: "BinaryX's behavior is that the centralized conspiracy group is trying to control decentralization. Defeat this evil conspiracy group and fight for freedom, for the people, for decentralization, for CZ, and for $FOUR." This "naming rights" competition has not only attracted much attention, but is also seen as a symbol of the community's fight against VC forces. #Four #BNB #BNBChain再次伟大!
Many people on Twitter are scolding FB. In fact, whether it is FB or Babylon, ordinary players have been gradually squeezed out. In fact, the original intention or narrative of these Layer2 or LRT protocols is to accelerate the adoption of BTC to share the pressure of BTC Layer1, release the value locked by BTCFi, and lay the foundation for the establishment of an application system in the future. But in fact, it has become a war of gas. Those who can afford the gas may not make money, and those who can't afford the gas will definitely be eliminated. #BTC
Since Vitalik’s attitude towards DeFi is actually very subtle, he said before that the DeFi form is unsustainable. He likened it to “Ouroboros”, that is, a state of self-devouring. His denial of DeFi caused an uproar in the community and developers. Not long ago, he once again stated that Layer 2 that does not meet the standards by the end of the year will no longer be regarded as a second-layer network, which caused dissatisfaction among many Layer2 communities. As mentioned before, V God is a good developer, but he is really not suitable to be a leader.
BTC first time 60000u eth3800u BTC second time 60000u eth3100u BTC third time 60000u eth2800u BTC fourth time 60000u eth2400u 😂 $BTC and $ETH are really drifting apart #比特币
I looked at the data of August from Footprint. Among the top 15 chains by market value, Tron is the only chain that has achieved double growth in token price and market value this month. TRON's price has increased by 23.1% and its market value has increased by 22.7%. You have to say that the growth of public chains in the current market situation really depends mainly on memes.
In addition, the performance of TRON's ecosystem in August has a lot to do with Sun's continuous marketing. It is really useful to promote memes every day. We won't talk about whether the product is good or not, but when it comes to marketing, Sun is really that~#TRON
Many of the recent projects we have cooperated with are leaning towards the TON ecosystem, and we have recently paid some attention to the TON ecosystem. In fact, many people have some prejudices against Binance's launch of Tom and Jerry, thinking that these projects have little gold content. In fact, I think Binance has made a good start.
On the one hand, it gives some expectations, such as Binance will have more top or second-tier and mid-tier TON ecosystem tokens launched in the future, so now whether it is Dot Dot Dot or anything else on TON, it is very hot. As more coins usher in the online boom, the TON ecosystem will become more and more popular, which is a good thing. TON itself also has advantages. Many players are sticky and retained users of Telegram and can play seamlessly at will. The game has a low threshold for access and a low threshold for player participation, and the network effect is easier.
On the other hand, the more people play the TON ecosystem, the more developers there will be, and the TON ecosystem is more worth exploring. So Binance has made a good start. As long as the flywheel can turn, I think it is only a matter of time for the TON ecosystem to rise. #TON