Author: TechFlow
Yesterday's market dynamics
Kontos announces token economics: total supply of KOS is 1 billion, with ecosystem and community accounting for over 50%
Kontos Protocol, a blockchain infrastructure project, announced the economic model of its token KOS. The total supply of KOS is 1 billion, and the initial token offering (TGE) released 139.4 million, accounting for 13.937%. The token distribution plan shows that the ecosystem, community and mining account for 53.63% in total, and the investor quotas are 10% for the strategic round, 7.75% for the angel round, 5.37% for the seed round, and 2.5% for the A round. In addition, airdrops and teams each account for 5%, consultants account for 3.75%, marketing accounts for 3%, and project development and liquidity reserves each account for 2%.
Aptos 2024 Annual Report: TVL increased nearly 20 times to $1.2 billion, with nearly 9 million monthly active users
According to an in-depth report on the Aptos ecosystem released by OurNetwork, the public chain will achieve significant growth in 2024. Data shows that Aptos’ total lock-up volume (TVL) increased nearly 20 times to US$1.2 billion, daily active addresses increased from 70,000 in January to a peak of 1.2 million in November, and monthly active users were close to 9 million. At present, the platform has attracted more than 330 projects. In the field of stablecoins, the market value of Aptos has exceeded US$320 million, accounting for more than 25% of the overall TVL. USDT has completed native integration, and USDC is about to go online.
In terms of the DeFi ecosystem, major protocols have set new highs. Amnis Finance, the largest liquidity staking protocol in Aptos, has a TVL of $390 million, and the number of independent active wallets has soared from 15,300 to 134,200, an increase of 770%. Echo Bridge became the third largest protocol in terms of TVL just three months after its launch. By introducing BTC, its TVL exceeded $250 million in December. Kana Labs has nearly 3 million monthly independent active users, and its Paymaster function has processed more than 70 million transactions. Thala has become the first DEX in Aptos with a cumulative spot trading volume of more than $3 billion, with a TVL of $220 million.
Aptos ecological innovation project emojicoin.fun performed well, issuing 1,933 tokens in the first month of its launch, attracting 27,559 independent addresses to participate, with TVL exceeding US$1 million and a total transaction volume of US$33.6 million.
Fuel launches airdrop eligibility portal, airdrops 10% of FUEL tokens
The high-performance Ethereum L2 network Fuel announced the launch of the FUEL Genesis Drop, with a total of 1 billion coins (accounting for 10% of the total supply), and has opened the airdrop qualification query portal. Users can claim it between December 19, 2024 and January 19, 2025.
Fuel said a total of 20% of the FUEL supply will go to the Fuel community, including: 10% for the Genesis Drop; 5% for community outreach efforts; and 5% for yet-to-be-announced incentives, programs, events, and activities.
ENS Labs and Linea Collaborate to Build L2 Network Namechain
ENS Labs announced in an article on X that it has partnered with Linea to build its upcoming Layer 2 network Namechain.
ENS Labs said that there were three reasons for choosing Linea to build its network. Type 2 zkEVM is fully compatible with Ethereum tools and smart contracts; high-performance proofs and fast status confirmation are essential for reliable domain name resolution; and their values are consistent. They are committed to building Linea on Ethereum and providing the same multi-client diversity that protects the Ethereum mainnet.
DuckChain announced that it will hold TGE in January 2025. The number of transactions on the Beta mainnet has exceeded 10 million.
DuckChain, the first consumer Layer project based on the TON ecosystem, officially announced that it will conduct a TGE in January 2025. As the first non-Ethereum ecosystem supported by Arbitrum, DuckChain closely connects the TON, EVM and BTC ecosystems, provides an efficient EVM development environment, and provides an on-chain entry for 800 million Telegram users.
DuckChain Beta mainnet event has connected nearly 50 ecological projects and provided a million-dollar prize pool. According to the latest data on December 17, more than 2.6 million users have participated in its mainnet event since its launch, and the total number of transactions on the chain has exceeded 10 million, with daily transactions reaching 1.25 million. In addition, the cross-chain Odyssey event recently launched by DuckChain and OKX Wallet has also accelerated the adoption of $TON and brought tangible benefits to users.
It is reported that the DuckChain test network data performance is impressive, with MiniApp daily active users exceeding 2 million, total transaction volume exceeding 29 million, more than 1 million paying users, and support from many partners such as Arbitrum and OKX.
Stanford University and Eliza Labs collaborate to launch digital currency AI agent research program
Eliza Labs, an AI agent development platform, announced a collaboration with the Stanford University Finance and Digital Currency Initiative (FDIC) to jointly explore the application of AI autonomous agents in digital currency systems. The project is scheduled to launch in the first quarter of 2025 and will focus on three core areas: agent trust mechanisms, multi-agent economic systems, and decentralized agent governance.
The collaborative project will develop practical applications of automated market making systems and decentralized financial services based on Eliza Labs' existing open source proxy framework. The research results will be published in the form of open source frameworks, simulation platforms, and peer-reviewed papers. The project is led by Stanford professors Dan Boneh and David Mazières and is currently seeking industry partners to participate.
Shaw Walters, founder of Eliza Labs, a company founded in 2024 that focuses on developing next-generation autonomous agent systems, said the collaboration will combine Stanford’s academic rigor with the broad application base of the Eliza AI agent framework to advance trust and governance in the decentralized economy.
sBTC is now live on the Stacks mainnet
According to Stacks official news, sBTC has been launched on the Stacks mainnet. sBTC achieves trustlessness, security and transparency through 1:1 Bitcoin anchoring, institutional signature network and Bitcoin computing power guarantee, and supports the Bitcoin DeFi ecosystem. In the initial stage, only deposits are supported, with a liquidity cap of 1,000 BTC, and an annualized reward of up to 5%.
The first quarter of 2025 will see the withdrawal function enabled, the liquidity cap increased, and the permissionless signature network advanced.
Big Time Studios announces $150 million Open Loot fund
Big Time Studios announced the establishment of a $150 million Open Loot Fund to promote the development of Web3 games on the Open Loot platform.
By providing financial support and much-needed consultation, the fund enables developers to prioritize excellent gameplay while ensuring blockchain elements complement the player experience.
In addition, the fund also provides strategic guidance in game economic design, sales strategy, market optimization, marketing and community building.
Galaxy CEO predicts Bitcoin market cap will surpass gold in 5 to 8 years
Mike Novogratz, founder and CEO of Galaxy Digital, believes that Bitcoin could catch up with and eventually surpass gold's market value within five to eight years.
Novogratz made the prediction in response to an article by Galaxy head of research Alex Thorn, which highlighted that Bitcoin’s market cap has reached 14% of gold’s $17.8 trillion, a record high. Thorn’s analysis was accompanied by a chart showing Bitcoin’s increasing share of gold’s market cap, highlighting Bitcoin’s accelerating growth.
Market dynamics
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