Welcome back to another edition of the ValiDAO Digest!
Each week, we update our dear readers with all the major developments happening within the ecosystems where we operate, provided by your very own local, organic, seed-oil-free validator.
Initia Mainnet has been confirmed for March 2025!
Additionally, the RAVE Interwoven Rollup is now live on the Initia Testnet.
The future remains interwoven.
Elixir mainnet and TGE appears to be rapidly approaching, with this teaser being posted earlier today.
Furthermore, it appears the ELX token has already been minted, with a portion of the supply allocated to Bybit, likely in preparation for a listing.
stELX by Thunderhead has announced Community Codes for their upcoming LST on the Elixir network.
This also comes off the back of their institutional primer for stELX, viewable here.
As genesis validators for both Elixir and stELX, we eagerly await decentralizing the network through organic consensus services.
Hyperliquid has officially achieved $1T in cumulative perp volume.
Just two weeks after spot BTC on Hyperliquid by Unit was launched, it looks like ETH is the next asset on deck.
Somnia's Shannon Testnet is live, with 1M+ TPS and sub-second finality.
Somnia's mission is to enable mass consumer real-time applications, built at web2 scale with web3 properties.
You can already play around with some of these features here.
That's it for this week!
As always, we're committed to providing free-range, locally sourced, and seed-oil-free consensus services from geographically diverse locations.
Until next time!