Injective token economy upgrade proposal INJ 3.0 will be open for voting at 21:07. Mina Protocol announced a partnership with Celestia. Coinbase launches PEPE Coin perpetual futures, token price skyrockets! And more…
There is news from TIA, INJ, PEPE Coin and these 5 altcoins!
The Injective community votes for INJ 3.0!
According to the official announcement, the Injective token economy upgrade proposal INJ 3.0 will be open for voting at 21:07. The proposal will reduce on-chain parameters. In this way, it aims to reduce the issuance of new INJ. It also aims to make the token a more deflationary crypto asset than ever before. If passed, the proposal would gradually reduce the INJ inflation rate over two years.
Metis introduces two new improvements
Layer-2 solution Metis announced that the second phase of its decentralized sequencer upgrade has officially launched via a hard fork at block height 16500000. The upgrade mainly brings new features such as multi-transactions on blocks, transaction pools, and sequencer mining. With the upgrade, Metis increases the number of transactions that can be included in a single block from 1 to multiple transactions. Additionally, it fixes the transaction confirmation time to 2 seconds. At the same time, Metis introduced a transaction pool to cache pending transactions. These two improvements will greatly increase network throughput. In addition, it will reduce block production costs.
dYdX distributes $5 million worth of DYDX
dYdX announced that it distributed $5 million in DYDX to 3,777 users who were eligible for the third season of its trading incentive program. The fourth season of the trading incentive program has now begun.
Mina Protocol (MINA) collaborates with Celestia (TIA)
Zero-Knowledge Proof (zk) public blockchain Mina Protocol has announced a partnership with modular blockchain project Celestia. The Mina ecosystem will integrate Celestia’s modular decentralized data availability (DA) solution. The integration project is managed by zk-SNARKs’ leading team, Geometry Research. Also, technically o1Labs supports integration.
By using Celestia’s DA solution, Mina’s zkApps will gain significant capacity improvements, especially when processing large-scale off-chain data. Thus, the efficiency of zkApps will increase even more. This collaboration also coincides with Mina’s upcoming main-net upgrade, which will introduce a more user-friendly zkApp programming model that is expected to significantly increase developer activity and the number of products in the Mina ecosystem.
BOB integrates BTC Connect
Bitcoin Layer 2 network BOB (Build on Bitcoin) announced the integration of the BTC Connect protocol. Particle Network developed this application, which is a Bitcoin account abstraction protocol. This integration aims to provide a seamless user experience once the BOB main-net is launched.
Coinbase launches PEPE Coin futures, price jumps!
Coinbase has finally added PEPE Coin perpetual futures to its list. cryptokoin.comAs you follow from , Coinbase had previously postponed the PEPE Coin futures contract. This move marks a significant expansion in the derivatives market. It also provides investors with more strategies for leveraged trading. This development had a positive impact on the PEPE Coin price. PEPE Coin rose to $0.000007775 in intraday trading. This means a 17.5% increase on a daily basis for PEPE Coin.
Binance will support Kava’s network upgrade
Giant crypto exchange Binance announced that it will support the upgrade of Kava Network (KAVA). The exchange will suspend deposits and withdrawals on the Kava network starting tomorrow to facilitate its upgrade and ensure a seamless user experience. The network upgrade is scheduled to take place around 17:00 UTC on April 24, at block height 9,561,866. Meanwhile, the upgrade will not affect token trading on the Kava network.
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