>3.5K subscribers


Aave launches Horizon RWA market.
Optimism invites Ronin to OP Stack.
DEF coalition letter to Congress.
ETH Strategy partners with Derive.
Aave Labs launched Horizon, a permissioned lending market on Ethereum, enabling qualified institutions to borrow stablecoins against tokenized real-world assets (RWAs) such as U.S. Treasuries, Collateralized Loan Obligations, and Money Market Funds. Supported RWA collaterals include Superstate’s USTB and USCC, and Centrifuge’s JRTSY and JAAA tokens. Supported stablecoins include RLUSD, USDC, and GHO. While borrowing is restricted to qualified investors, anyone can lend stablecoins on the market. When RWA collateral is deposited, non-transferable aTokens are issued, respecting the issuer’s transfer permissions. Horizon is built on Aave v3.3 and leverages Chainlink SmartData for real-time net asset value data for RWAs.
Optimism proposed for Ronin Network to build its Layer 2 on the OP Stack, inviting the team to leverage a coalition of OP Stack collaborators, including EigenLayer for data availability, Boundless for zero-knowledge proving infrastructure, and Conduit for high-availability sequencing. Optimism highlighted that OP Stack chains account for 71% of all L2 transaction fees year-to-date. Earlier this month, Ronin Network announced plans to transition from a Layer 1 to a multi-purpose L2 on Ethereum. Ronin aims to become the “gamification engine” of Ethereum, and recently introduced a revenue-sharing program for developers.
The DeFi Education Fund (DEF), joined by a coalition of 115 crypto projects and builders, submitted a letter to Congress urging federal protections for software developers and non-custodial service providers in upcoming U.S. market structure legislation. The letter calls for explicit safeguards to prevent developers from being prosecuted as money transmitters. for building or maintaining blockchain networks and non-custodial software interfaces. DEF highlighted a 7% decline in the U.S. share of open-source software developers. The coalition calls on Congress to treat blockchain as neutral infrastructure and enact clear, nationwide protections to support innovation.
ETH Strategy, a crypto-native ETH treasury protocol, partnered with Derive to launch the Perpetual Note Vault. The vault is a yield-generating product that uses STRAT convertible notes on Ethereum and executes options on Derive Chain. STRAT is ETH Strategy’s native convertible note that provides leveraged ETH exposure. The new product aims to deliver USD-denominated yield by monetizing ETH’s volatility. Derive is a decentralized derivatives platform built for programmable options, perpetuals, and structured products.
Ethdotorg translatathon goes live
ECF releases BlobKit SDK v2
EIP-7928 Breakout #1 agenda
Obol Charon v1.6.0 release
Blobs hit capacity for an hour
The Ether Machine ETHM on Nasdaq
BuilderNet engineering sync
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Aave launches Horizon RWA market.
Optimism invites Ronin to OP Stack.
DEF coalition letter to Congress.
ETH Strategy partners with Derive.
Aave Labs launched Horizon, a permissioned lending market on Ethereum, enabling qualified institutions to borrow stablecoins against tokenized real-world assets (RWAs) such as U.S. Treasuries, Collateralized Loan Obligations, and Money Market Funds. Supported RWA collaterals include Superstate’s USTB and USCC, and Centrifuge’s JRTSY and JAAA tokens. Supported stablecoins include RLUSD, USDC, and GHO. While borrowing is restricted to qualified investors, anyone can lend stablecoins on the market. When RWA collateral is deposited, non-transferable aTokens are issued, respecting the issuer’s transfer permissions. Horizon is built on Aave v3.3 and leverages Chainlink SmartData for real-time net asset value data for RWAs.
Optimism proposed for Ronin Network to build its Layer 2 on the OP Stack, inviting the team to leverage a coalition of OP Stack collaborators, including EigenLayer for data availability, Boundless for zero-knowledge proving infrastructure, and Conduit for high-availability sequencing. Optimism highlighted that OP Stack chains account for 71% of all L2 transaction fees year-to-date. Earlier this month, Ronin Network announced plans to transition from a Layer 1 to a multi-purpose L2 on Ethereum. Ronin aims to become the “gamification engine” of Ethereum, and recently introduced a revenue-sharing program for developers.
The DeFi Education Fund (DEF), joined by a coalition of 115 crypto projects and builders, submitted a letter to Congress urging federal protections for software developers and non-custodial service providers in upcoming U.S. market structure legislation. The letter calls for explicit safeguards to prevent developers from being prosecuted as money transmitters. for building or maintaining blockchain networks and non-custodial software interfaces. DEF highlighted a 7% decline in the U.S. share of open-source software developers. The coalition calls on Congress to treat blockchain as neutral infrastructure and enact clear, nationwide protections to support innovation.
ETH Strategy, a crypto-native ETH treasury protocol, partnered with Derive to launch the Perpetual Note Vault. The vault is a yield-generating product that uses STRAT convertible notes on Ethereum and executes options on Derive Chain. STRAT is ETH Strategy’s native convertible note that provides leveraged ETH exposure. The new product aims to deliver USD-denominated yield by monetizing ETH’s volatility. Derive is a decentralized derivatives platform built for programmable options, perpetuals, and structured products.
Ethdotorg translatathon goes live
ECF releases BlobKit SDK v2
EIP-7928 Breakout #1 agenda
Obol Charon v1.6.0 release
Blobs hit capacity for an hour
The Ether Machine ETHM on Nasdaq
BuilderNet engineering sync
Disclaimer: Content is for informational purposes only, not endorsement or investment advice. The accuracy of information is not guaranteed.
Share Dialog
Share Dialog
ETH Daily
ETH Daily
2 comments
Today's roundup is now live 📰 https://ethdaily.io/771
Aave has launched the Horizon RWA market, a lending platform on Ethereum where qualified institutions can borrow stablecoins against tokenized real-world assets such as U.S. Treasuries. Optimism invited Ronin to utilize the OP Stack for integration. Additionally, the DeFi Education Fund has sent a letter to Congress advocating for protections on developers. ETH Strategy partnered with Derive to introduce a Perpetual Note Vault aimed at providing yield through ETH's volatility. Read more insights from @ethdaily.eth!