Hot Developments for MATIC Coin and That 14th: Price Increased!

Recently, critical developments have attracted attention for MATIC coin and various altcoin projects. Here is a summary of the latest events…

Hot updates for MATIC coin and more

Critical move from API3: Price increased

API3 announced OEV Network with zk-Rollup feature, as a project that offers decentralized applications via Blockchain technology. The team explained that OEV Network will be used to optimize the oracle extractable value. API3, which aims to provide solutions to liquidity losses in blockchains, stated that they can optimize liquidation premiums thanks to OEV, by addressing liquidity problems with a concrete example, especially through the DeFi platform Aave. The project aims to provide OEV users with a framework to solve such problems. With the announcement of API3’s OEV Network, the project price gained 50% in value and is currently trading at $ 3.05, according to CoinGecko data.

ZeroLend announces Zero Gravity airdrop program

ZeroLend, a decentralized lending protocol built on zkSync, announced the launch of Zero Gravity, an airdrop points platform that rewards its community with ZERO tokens. The program aims to distribute approximately 10% of the circulating supply of ZERO at launch to Zero Gravity Cosmonauts, early adopters and supporters of the protocol.

LayerZero announces V2 update

LayerZero, the protocol that connects multiple Blockchains and enables cross-chain collaboration, has launched its second version (V2) on Mainnet. The new version introduces a variety of new features and improvements that enhance the security, flexibility and user experience of the LayerZero ecosystem.

Statement from Frame about airdrop

On January 30, Ethereum L2 network Frame officially announced that it had listened to community feedback and learned that not everyone could properly access the airdrop inquiry page. Airdrop inquiries have been reopened and the launch of the mainnet will be delayed to give users more time. Mainnet and airdrop inquiry deadlines will be announced soon.

Starknet partners with Celestia

On January 30, Starknet officials posted on social media that they would be collaborating with Celestia to achieve a highly efficient Layer 3 network. Starknet said using Celestia as a modular DA to build highly efficient application chains on Starknet is a game-changing combination. This collaboration will bring Celestia Blobstream to Cairo for use on Starknet.

MultiBit will work with BounceBit

BRC20 cross-chain bridge MultiBit tweeted that it will be the BRC20 + ARC20 bridge designated by BTC “pledge” chain BounceBit. Users can pledge and lock MUBI to obtain BounceBit points.

Meanwhile, BounceBit’s total locked value exceeded $10 million in 10 minutes.

Banxa launches at SUI

Web3 payment gateway Banxa has launched SUI, which allows users to make purchases directly using fiat currency. It is reported that SUI transactions at Banxa will benefit from fee reductions in the near future, thus providing Web3 users with a seamless and privileged SUI transaction experience. Additionally, Sui developers will be able to leverage Banxa to add more features and compliance measures to dApps, such as NFT selling solutions, providing end users with a better NFT trading experience.

Changes in DYDX

Reports stated that the dYdX Foundation has asked the DAO for $30 million in funding to be used over the next three years. If dYdX token holders (voters in the DAO) approve, the foundation will be rewarded with 4% of the DAO’s current treasury. When the Foundation first shared the request last Friday, it received widespread approval from dYdX stakeholders, from validators to delegates. Voting will continue until February 2.

Integration between THORChain and Solana

On January 30, decentralized L1 liquidity protocol THORChain officially posted on social media that users will be able to view all of THORChain’s assets at any time, and Solana (SOL) will appear soon.

Swell relaunches rswETH

On January 30, LSD protocol Swell Network announced the launch of its restaking token rswETH (Restaked Swell Ether), which provides unlimited access to EigenLayer Repurchase points that can be used in DeFi.

7 million dollar investment in Forgotten Playland

On January 30, Web3 social game Forgotten Playland announced the successful completion of its first funding round, raising a total of US$7 million. Merit Circle, Spartan Group, C2 Ventures, Paper Ventures, etc. contributed to this funding round. attended. Forgotten Playland is scheduled to be released in the first quarter of 2024 and will feature a number of mini-games. Currently confirmed games are Bump-A-Ball and Jungle Rumble, with more games in development.

Immutable X partners with Polygon (MATIC)

Web3 game developer platform Immutable has partnered with Polygon to launch the Immutable zkEVM mainnet in early access mode to select game studios and ecosystem partners, and will roll it out in the future. It opens to the public in a few weeks. The network leverages zkRollup technology to be compatible with Ethereum applications and operate separately from the project’s existing StarkEx-based Layer 2 chain.

Magic Eden launches multi-chain wallet

Magic Eden announced the official launch of its multi-chain wallet product with the following features: Instant cross-chain swaps, NFT portfolio management, Ordinals and BRC20 support

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