On July 23, 2024, the S-1 document of the ETH spot ETF was officially released in the U.S. capital market. This historic moment indicates that the ETH ecosystem is about to usher in unprecedented prosperity and explosion. As the mainstay of the cryptocurrency ecosystem, Ethereum is not only the cornerstone of many applications, but also the leading representative of global blockchain technology.

However, the increasingly serious transaction congestion and high gas fees are plaguing the ecosystem.
2 expansion plan came into being, aiming to break through the performance bottleneck of Ethereum. During the bear market in 2023, Layer
With its outstanding performance and unlimited potential, the 2 solution has won wide attention from the capital market, continuously obtained financing, and become a shining star in the blockchain field.

Lambda keeps up with the trend of the times and successfully upgraded its brand strategy from the original consensus network to the OpStack-based Layer 2 network. This upgrade not only improved the infrastructure capabilities, but also enabled Lambda to be deeply integrated into the Ethereum ecosystem.

New Ethereum Layer
2 Blockchain will better support Rollups and AI applications, pay special attention to the persistent availability of data, and provide users with a more stable and efficient experience. In this context, the new Lambda
L2 has injected unprecedented vitality and challenges into the Web3 industry. The Lambda Foundation recently announced the launch of Bifrost Pool and Odyssey
Airdrop activities are held to give back to supporters and users, demonstrating its deep concern for the community and its innovative spirit and forward-looking vision in the blockchain field.

These events not only celebrate the brand strategy upgrade of the Lambda Foundation, but also accompany the creation of the new generation Lambda L2 public blockchain, dedicated to building a new social and storage ecosystem to bring unparalleled experience and rewards to users.

Bifrost Pool: Maximizing the potential of assets

The Lambda Foundation continues to innovate and use advanced technology to help users maximize the initial amount and benefits of staking $LAMB. To this end, Lambda launched the Bifrost Pool event, which is committed to providing users with a safe, efficient and flexible financial experience through a series of innovative mechanisms.

1. Efficient asset management strategy: When users stake $LAMB tokens through an efficient asset management strategy, they can delegate LAMB to node operators. The node operator will return the staked certificate to the user, which ensures the security of the user's assets and maximizes the benefits.

2. Dual-currency PoS hybrid consensus mechanism: Dual-currency PoS is an innovative hybrid consensus mechanism that allows each validator to accept $LAMB and related subscription tokens at the same time. This mechanism expands the stakeholder base and adds additional resilience and security to the network consensus structure, thereby improving the decentralization and overall stability of the network.

3. Liquidity Custody: Lambda introduces the concept of liquidity custody, which allows collateral assets to maintain liquidity while providing more income opportunities. Users can maximize the income of their assets without sacrificing liquidity.

4. Smart contract security: Bifrost Pool uses the most advanced smart contract technology to ensure the transparency and security of each transaction and staking process, allowing users to participate with confidence.

5. Real-time revenue monitoring: Users can track revenue in real time through Lambda’s dedicated platform and understand the return on investment at any time to make the best decision.

6. Community Support and Education: The Lambda Foundation is committed to providing comprehensive community support and educational resources to help users better understand and utilize the various functions of Bifrost Pool and improve their investment skills and blockchain knowledge.

On July 18, 2024, the Lambda Foundation launched the first Bifrost Pool lossless staking event, opening a new path to generous rewards for new users holding 80,000 or more $LAMB tokens.

Participants only need to purchase $LAMB tokens through a centralized exchange and securely transfer them to any EVM-compatible wallet address. Once the holding volume reaches or exceeds 80,000, the event qualification will be automatically unlocked.

During the event, the official will randomly take multiple snapshots to accurately record the $LAMB tokens held in each participant's wallet. Based on these snapshot data, the event will issue precious Genfiy official tokens to eligible wallets in proportion to the number of $LAMBs held by the address, ensuring that every loyalty and contribution is fully rewarded.

Genify: A dazzling stage for global generative art

Since its launch in 2021, Genify has quickly emerged as the world's leading generative art distribution platform, backed by heavyweight investors such as Multicoin Capital. Genify spans multiple public chains such as Ethereum, BASE, Lambda, Conflux, etc., providing artists with a broad space for creation and display.

The platform has brought together more than 100 talented artists, jointly launched hundreds of thousands of NFT assets, and attracted the attention of more than 100,000 collectors from all over the world. Artists from Taiwan, Japan, France, Brazil and China shine on the platform. Their works have not only won the favor of internationally renowned collectors such as 6529, AC, and Han, but also inspired enthusiastic interactions on social media by artists such as GrantYun, weaving a vivid Web3 art picture together.

After more than three years of steady operation, Genify has accumulated nearly 80,000 active addresses on the EVM-compatible chain and 20,000 loyal users on the Bitcoin network, demonstrating its deep market foundation and broad user recognition. It is particularly worth mentioning that Genify has successfully expanded its physical collectibles business in Hong Kong, not only gaining the strong support of Zheng Zhigang, a heavyweight in the Hong Kong art world, but also attracting strategic investment from TikTok executives, further demonstrating its extraordinary influence in the integration of the art world and blockchain technology.

Entering 2024, Genify continues to innovate and is the first to support artists to publish works on the Bitcoin network. Founder shaun8149's masterpiece BOB, as the first code-issued generative art work on the Bitcoin network, sold out all 10,000 copies in a short period of time, showing the market's high recognition and enthusiasm for the Genify platform.

To date, Genify has successfully released ten works on the Bitcoin network, among which masterpieces such as GHOST have achieved an astonishing increase of nearly 100 times in the secondary market, further consolidating its leading position in the field.

Visit Genify's official website (genify.xyz) to enter this world of art full of infinite possibilities. Genify is not only a platform for display and trading, but also a bridge of communication between artists and collectors. The platform selects works on Bitcoin, Ethereum and Conflux through curation and invitation, and opens sandbox tools on Lambda and BASE to allow artists to freely express their creativity. Inheriting the glorious tradition of Artblocks' primary distribution business, after Artblocks closed, Genify quickly grew into one of the leaders in the global generative art distribution business, especially in the field of issuance and trading on the Bitcoin network, Genify has shown its strength to keep pace with MagicEden.

Genify not only provides a platform for display and trading, but also creates a space for artists and collectors to interact and create together. Whether through curatorial activities, invitation-based selection of works, or open sandbox tools, Genify is constantly promoting the development and popularization of generative art. Visit Genify, explore the art world full of creativity and infinite possibilities, feel its unique charm, and become a part of this art revolution.

Odyssey Airdrop is launched: Reshaping the interactive experience

The Lambda Foundation has launched a new social and storage ecosystem through Odyssey Airdrop, aiming to build the next generation of Lambda L2 public blockchain and bring innovative airdrop experience to users. To participate in the event, just complete the following two simple steps to get LAMB airdrop rewards.

1. Follow Lambda on social media:

Please follow the Lambda Foundation’s official Twitter and Telegram accounts to get the latest event information and updates.

2. Participate in social tasks:

Participate in the interaction on Twitter, including forwarding, commenting and liking the official designated tweets. Join the Lambda official Telegram group and complete the designated tasks. After completing these two steps, you will have the opportunity to receive multiple rounds of LAMB token airdrop rewards. In addition, by participating in these activities, you will also gain a deeper understanding of the operating mechanism of the Web3 project and enhance your professional knowledge and skills in the field of cryptocurrency.

Looking ahead, the Lambda Foundation plans to launch more ecological projects to further enhance the functionality and influence of $LAMB. The Foundation is committed to building a secure, efficient, and scalable blockchain ecosystem to provide users with a rich variety of application scenarios.

Diversified ecological projects join hands to create a new era of cryptocurrency

The Lambda Foundation is committed to building a secure, efficient, and scalable blockchain ecosystem to provide users with a rich variety of application scenarios. As more and more ecological projects are launched, the Lambda ecosystem will create unlimited opportunities and lucrative benefits for users. These projects cover social platforms, decentralized finance (DeFi), data storage and management, and other fields, aiming to provide a full range of blockchain solutions.

As these projects are gradually implemented, the application scenarios of $LAMB tokens will continue to expand and their value will continue to increase. The Lambda Foundation is committed to promoting the popularization of blockchain technology and stimulating the development potential in various fields through continuous innovation and technological progress. We look forward to more breakthrough achievements from the Lambda Foundation with its deep technical strength and forward-looking strategic vision.

The Lambda Foundation's vision is not only to provide technical solutions, but also to lead the development of the blockchain industry. By building a secure, efficient, and scalable blockchain ecosystem, the Lambda Foundation has created unprecedented opportunities for users and investors. Whether in social interaction, financial innovation, or data management, Lambda is constantly expanding the application scenarios of $LAMB tokens to bring real value to users.

With its outstanding technical strength and strategic vision, Lambda Foundation will continue to promote the advancement and popularization of blockchain technology. We believe that under the leadership of Lambda Foundation, the blockchain ecosystem will usher in a more brilliant future. Join us and move towards a new era of financial technology and create a more brilliant future!

learn more

Official website: https://portal.lambda.im/

Twitter：https://twitter.com/Lambdaim

Telegram: https://t.me/hellolambda