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.

Elixir

Elixir Mainnet Phase 1 has officially gone live, which will serve as an initial testing phase with a set of preselected institutional validators.

After a multi-month long testnet phase, Elixir boasts a widely distributed network of over 16,000 validators with 400+ TPS and < 1 second block times.

Lido

Lido has launched the Community Staking Module (CSM) on mainnet, enabling everyday solo-stakers to operate validators using the Lido protocol.

Through the CSM, solo-stakers can get started with as little as a 1.5 ETH bond in a permissionless fashion.

Story

Story has announced the launch date of the upcoming Odyssey testnet, the final phase before mainnet.

Odyssey introduces some interesting new features, such as varied staking rewards based on staking periods and incentivizing validators with higher participation.

Hyperliquid

Hyperliquid has introduced support for precompiles on the EVM testnet, enabling new applications for projects building in the Hyperliquid ecosystem.

In short, this allows smart contracts to natively "own" perpetual positions, creating potential use cases that are layed out below.

Movement

Movement has announced their Testnet V2, codename Porto.

The Movement Testnet has three planned phases which aim to improve the chain's overall UX, with one final stage that is yet to be announced.

Mantra

Our last update for this week is Mantra, which has launched their RWA chain on mainnet.

Mantra has also partnered with Libre to open on-chain access to the Blackrock Money Market Fund, allowing users to invest in various professionally managed funds.

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!