Last week, the Federal Reserve announced its first interest rate cut in four years, an event that was widely anticipated but brought mixed reactions across the markets. Despite expectations surrounding this move, the market’s varied responses have sparked a critical question: what are the potential consequences of this decision?

Welcome to the Dragons' Alliance!

Last month, Vitalik Buterin's response to a post addressing rumors that some people within the Ethereum Foundation weren’t supportive of DeFi brought a significant debate. The discussion centered around the sustainability of DeFi protocols, particularly those that rely heavily on token issuance-based incentives. @llamaonthebrink questioned whether Vitalik shared a similar vision for DeFi, to which he responded directly. You can read his reply below:

The blockchain industry has seen great innovation across various sectors, from finance and gaming to even physical infrastructure (dePIN). However, many of these innovations have yet to gain traction. The areas seeing the most success are primarily centered around finance, particularly trading.

In the first half of this year, we announced Zaros' expansion into the Monad Ecosystem. Although Monad has yet to go live, we are fully committed to being there from day one, launching on both testnet and mainnet as soon as they go live.

As we reach the halfway mark of 2024, we are proud to reflect on our achievements and excited for what's to come in the next few months.

Last week, we shared an article detailing what sets $ZRS apart from other tokens.

It has been a month since we launched the $ZRS token, and significant progress has been made. Our team is working tirelessly, while traders compete for top positions on our trading competition leaderboard and accumulate zPoints through various tasks.

May 29 marks the date of a significant milestone for Zaros with the launch of the ZRS token, initiating a crucial step towards the decentralization of the protocol.