Quick Take
3Jane introduces its credit market protocol.
Safe{Pass} launches its first airdrop claim.
Base funds a full audit for the Solady library.
Pectra scope finalization updates.
3Jane Introduces Credit Market Protocol
3Jane introduced its credit-based money market protocol built on Base, offering an innovative system for providing trustless lines of credit to crypto users. By integrating both onchain and offchain credit data, the protocol enables users to borrow based on their creditworthiness and future yield, with legal recourse for defaults. The protocol supports "soft collateral," encompassing onchain assets such as ERC-20 tokens and offchain data like FICO scores and Coinbase balances. 3Jane will also feature USD3, a yield-bearing stablecoin backed by a pool of credit lines. 3Jane aims to launch its beta in early Q1 2025, followed by a public release later in Q1.
Safe{Pass} Airdrop Claim Goes Live
Safe{Pass} reward claims are now live for first season of the points program with a total of 2.5 million SAFE tokens being distributed to top participants. Rewards were determined by leaderboard rankings, token locking amounts, and participation across partner campaigns. Over 40,000 users participated in the season. Users locked over 70 million SAFE tokens and participated in eight partner campaigns. Eligible users can verify their status and claim rewards through the Safe Governance portal. Each user's rewards are capped at $2,000 in value and are subject to a one-year lock-up period. Eligible users have one year to claim their tokens.
Base Funds Solady Library Audit
Base, in collaboration with Spearbit and Vectorized.eth, are collaborating to fully audit and enhance the security of Solady, a gas-optimized Solidity library. Vectorized is the developer of the library. The improvements aim to reinforce ecosystem-wide reliability and demonstrate a commitment to supporting open-source public goods. Solady offers a collection of efficient Solidity snippets designed to enhance smart contract performance.
Other News
ACDE #201 (Pectra) highlights
Ethereum Interop Forum recap video
Base 24hr volume hits $2.3b
MetaMask mobile supports ETH staking
Ethereum ETFs $428.5m in net flows
Not scaling L1, ETH value accrual flaws
Movement launches mainnet beta
MilkyWay Celestia restaking protocol
Norway gov leaks citizen tax info
