According to Odaily, the Bitcoin L2 project RIF has announced an upgrade of its stablecoin USDRIF to version V2.0 on platform X. The upgrade is now live on the mainnet. The primary aim of this upgrade is to enhance usability, reduce costs, and increase accessibility to the Bitcoin L2 space and the broader Web3 market.

The upgrade is a significant step forward for the project, as it aims to make the stablecoin more efficient and user-friendly. By reducing costs, the project hopes to attract more users and increase its market presence. Furthermore, the upgrade is expected to expand the reach of the Bitcoin L2 project and the stablecoin in the Web3 market, which is a decentralized internet powered by blockchain technology.

This development is part of the ongoing efforts to improve the functionality and reach of the Bitcoin L2 project and its stablecoin USDRIF. The project continues to focus on enhancing its offerings and making them more accessible to a wider audience in the digital currency market.

According to Foresight News, the modular infrastructure Self Chain has announced that its mainnet launch is just one day away. Previously, Self Chain had stated that its mainnet plan would be initiated in three strategic stages.

According to Odaily, Self Chain has announced its plan to initiate the launch of its mainnet in three strategic phases on the X platform. This approach is designed to ensure a smooth transition to the online platform. The company has committed to providing real-time updates throughout the process, with each phase set to commence upon the successful completion of the previous one. This strategic approach is expected to streamline the launch and minimize potential disruptions.

According to Odaily, Self Chain has announced its latest token economics, revealing a total supply of 360 million SLF tokens. The distribution of these tokens includes several categories.

The first category is migration allocation, which accounts for 25% of the total supply. This allocation allows certain token holders to seamlessly migrate their tokens to SLF on Self Chain, ensuring a smooth transition.

The second category is equity investor allocation, which makes up 10% of the total supply. This allocation recognizes the early supporters of Self Chain and acknowledges their role in the project's development.

The third category is validator nodes/growth sales, which comprises 28% of the total supply. Self Chain is seeking to expand its validator network and is inviting prominent individuals to enhance the network's decentralization.

The fourth category is the ecosystem, which accounts for 19% of the total supply. This is nurtured through grants and incentive measures to promote contributions to the Self Chain project.

The fifth category is foundation nodes, which make up 10% of the total supply. The Self Chain Foundation will operate a set of nodes to ensure stability and functionality at the time of blockchain birth.

The final category is the team, which accounts for 8% of the total supply. A portion of SLF tokens is allocated to the Self Chain team and core developers to support long-term research, development, and ecosystem plans.

The initial supply of 360 million SLF tokens from Self Chain will be subject to several different unlocking plans, and all tokens, whether locked or unlocked, can participate in staking.