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.
Berachain:
The Beras revealed the Request for Broposal (RFB) program, consisting of three components designed to promote and foster teams with all things Proof of Liquidity (POL).
More specifically, qualified apps that apply before October 9th will gain access tools such as funding for maintenance/incentives, community rewards, and even negotiating with LPs directly before seeding liquidity on mainnet.
Hyperliquid:
Hyperliquid announced Builder Codes, a new feature which allows anyone to permissionlessly monetize their applications built on top of the Hyperliquid L1.
Similar to how AWS has brought about innovation within the cloud infrastructure sector, Hyperliquid is taking a similar approach towards a permissionless, scalable, and transparent liquidity incentive design for builders.
Eigenlayer:
Within the Ethereum ecosystem, Eigenlayer enabled transferability for the long-awaited EIGEN token, creating new avenues for shared security, innovation, and participation.
Additionally, Eigenlayer has announced their CryptoEconomic DVN framework in collaboration with LayerZero, enabling protocols to stake any token to bootstrap their own Decentralized Verifier Network (DVN).
Axelar:
Axelar announced the Mobius Development Stack (MDS), an interoperability standard aiming to power infinite security and scalability across Web3.
Some of these features, including the Axelar VM, Amplifer, and ITS are already live on mainnet, with the full rollout planned for the coming months.
Babylon:
The limit for Babylon's Bitcoin Staking program will be raised this coming week, which quickly hit the 1,000 BTC cap during the first staking phase last month.
For 10 Bitcoin blocks (or roughly 100 minutes), users will be able to stake anywhere between 0.005-0.5 BTC per transaction within the Babylon application.
Stride:
Lastly, Stride announced their own liquid staking token for Berachain Governance Token (BGT), enabling users to unlock the full power of their BGT.
Just after revealing their expansion to Berachain, Stride also put forward a discussion proposal to redirect 85% of fees to to a buy-back & burn tokenomics model.
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!