Dr.DODO brings you our newly launched weekly brief - DODO Megascope, which covers the following sectors:
Crypto Headline
Governance Updates
Sector Delivery
Data Check
CT Insights
The Merge was executed on September 15, 2022. This completed Ethereum's transition to proof-of-stake consensus.
Vitalik’s new article on L3 and its significance.
StarkNet launches dashboard StarkBoard - the go-to place to stalk StarkNet's ecosystem through key metrics.
Bancor announces they are working on a new AMM model in their recent community call.
ForceDAO has been officially terminated. It has transferred the rest of the asset to Gitcoin.
Options product Ribbon Finance has announced the launch of Ribbon Lend, a credit marketplace that allows users to make unsecured loans to institutional market makers of their choice.
Yearn integrates with privacy network Aztec and can now deposit directly from Aztec’s ZK rollup into Yearn’s Dai and Eth vaults.
Sudoswap has launched a new Bonding Curve "Concentrated XYK Curve", which allows users to set price concentration parameters.
Guns and Roses members may launch NFT music platform GoodNoise on Polygon.
a16z Crypto released Ethereum Merger Commemorative NFT "Proof-of-Merge".
Infura announces plans to launch decentralized ecosystem.
Nick Johnson, founder and core developer of ENS, the Ethereum domain name service, said that ENS will launch Name Wrapper on the testnet within 7 days.
Ditto, the premier liquid staking solution on Aptos, announces the incentivised devnet.
NFT creator Doodles raises $54M in funding at $704M valuation.
Renowned Web3 compliance firm Satschel has recently announced that it has secured $5.2 million in a seed-funding round led by early-stage VC.
Magna, a New York-based token management platform, announced today it has raised $15.2 million in seed funding.3 days ago.
Ethereum successfully reached and triggered the Total Terminal Difficulty (TTD) for the Execution Layer (EL) merger on 9.15. The merge mechanism was triggered at block height 15537393, the first PoS block height was 15537394, and the block reward was as high as 45.03 ETH. Block production (BP) is successfully passed from miners to validators on the consensus layer (CL) without any disruption or coordination issues. So, what changes did the merger bring to the Ethereum network? Let's take a look at the data:
The first slashing after the merge occurred at slot 4,700,025, and validator 404680 was slashed for validating twice. Validators spin up multiple nodes to increase resilience to any single node failure, the problem is that when validators set up their nodes with the same validator key, this can cause those nodes to propose or prove a single block twice.
Ultra Sound Money shows about 1.7k ETH is issued and about 7.4k ETH burned per day at current staking levels. Compared with pre-merger, the issuance has decreased significantly. Ethereum is already theoretically deflationary considering that ETH has been burned due to EIP-1559 over the past year. Post-merge will make ETH often deflationary in the future.
Syndicate launches Collective, enabling anyone to create an on-chain social network using ERC-721M NFTs that grow with the community and are composable across web3.