• DodoEx introduces DODO Chain.

• CoW Swap opens SAFE limit orders.

• Ethereum Protocol Fellowship recap.

• Celo selects the OP Stack for CEL2.

Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.

DodoEx introduced DODO Chain, an L3 chain designed as an omni-trading layer. DODO Chain is built on Arbitrum Orbit, uses EigenDA for data availability, and is powered by AltLayer's restaked rollup framework, which enables native restaking yields on rollup deposits. DODO Chain aims to address fragmented liquidity by serving as a rollup-level liquidity layer. DODO Chain will connect to rollups from multiple ecosystems and consolidate liquidity into a unified platform. An initial testnet for DODO Chain has been deployed on AltLayer. DodoEx is a multi-chain swap aggregator that launched in 2020. Currently, DodoEx holds over $29 million in TVL.

CoW Swap, an MEV-protecting DEX, introduced support for SAFE limit orders, the governance token of SafeDAO, which is the leading smart contract wallet provider on Ethereum. Users wishing to buy or sell SAFE tokens can now place offchain limit orders on CoW Swap. The DEX aggregator will automatically execute the orders when the market price matches the set execution price. There is an initial order size limit of $100,000. SAFE tokens have been non-transferable since launching in September 2022, but the tokens will become transferable on the morning of Tuesday, April 23rd. The upcoming unpausing event will unlock 42% of SAFE's 1 billion token supply. Safe secures over $100 billion in assets across twelve supported networks.

The Ethereum Foundation released a recap of the fourth cohort of the Ethereum Protocol Fellowship (EPF), which involved 35 participants guided by 27 core developers. The cohort introduced 35 new projects, including a new consensus client developed in Elixir, enhancements to the verkle tree implementation in Nimbus, middleware applications, and updates to existing Ethereum clients. The EPF is an annual mentorship initiative aimed at helping developers dive into core protocol development. Applications for the fifth cohort are set to open in May. The EPF Study Group, a ten-week study program established to prepare participants for the main fellowship, is also ending this month.

Celo Network, an EVM-compatible L1 blockchain, has selected the OP Stack as its tech stack to develop its L2 network. Following approval by Celo governance, a testnet deployment on the OP Stack will go live this summer. The initiative to migrate Celo's L1 chain into an L2 network was first introduced in July 2023. Since the initial proposal, cLabs has evaluated various rollup stacks, including Arbitrum Orbit, Polygon CDK, and the ZK Stack. The OP Stack was selected as the most suitable choice for Celo’s L2 transition due to its quick time to production, Ethereum alignment, and growth opportunities through the Optimism Collective.

• Bebop launches on OP Mainnet

• EtherFi integrates SSV Network

• SparkLend vote to decrease DAI borrow rate

• SEC lawyers resign

• EIP-1 updates

• Zkasino $33m rug pull

• Climate protocols on Base

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• Arbitrum proposes to adopt RIP-7212.

• Ethpandaops releases a testnet tool.

• EtherFi supports native restaking on L2s.

• Degen Chain emerges as top chain by TPS.

Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.

Arbitrum published a proposal to adopt Rollup Improvement Proposal (RIP) 7212, a new standard for secure and cost-effective signature verifications using the secp256r1 elliptic curve. The standard aims to improve account abstraction by significantly lowering the costs associated with signature verification. The implementation of RIP-7212 lowers the costs associated with passkey-based wallets, which leverage technologies like biometrics and WebAuthn to provide a more user-friendly experience. Polygon PoS was the first network to implement the standard. An initial Snapshot vote will go live to enable RIP-7212 on the Arbitrum Sepolia testnet.

Ethpandaops introduced Assertoor, a specialized tool designed for testing conditions and functionalities on Ethereum testnets. The tool connects to Ethereum clients using public HTTP RPC APIs and manages complex test sequences through YAML-defined playbooks. Assertoor integrates with Kurtosis, which facilitates the creation of local Ethereum networks in a controlled environment. Assertoor pinpoints issues across different Ethereum client implementations and can be used for both periodic testing of client updates and continuous testing on public Ethereum testnets. Ethpandaops is an Ethereum DevOps team that provides tools and resources like performance monitoring for testing protocol upgrades.

EtherFi, the leading liquid restaking protocol with $3.5 billion in total value locked, now supports native restaking on L2 networks. Users can directly mint EtherFi's weETH LRT on Blast and Mode Network, with planned support for Linea, Optimism, and Base in the coming weeks. Users on Mode network are advised to migrate from the canonically bridged weETH to the natively bridged weETH. The canonical bridged version of weETH on Arbitrum is also set to be phased out in June. The integration leverages LayerZero’s Omni-chain Fungible Token (OFT) standard, which enables the transfer of weETH across various blockchains that are supported by LayerZero.

Degen Chain, an L3 chain designed for the DEGEN community token, has emerged as the top Ethereum-based chain by transactions per second (TPS) over the last 24 hours, recording an average of 37 TPS. Base follows in second with an average TPS of 30. Built on the Arbitrum Orbit tech stack, Degen Chain settles transactions on Base and utilizes AnyTrust for data availability. Since its launch in late March, the chain has amassed just over $5 million in TVL.

• Magic Eden to launch on Base

• CoW Swap suffers outage

• Superstate reaches $100m AUM

• Boost affiliate protocol rewards

• ACDC #132 recap

• ETHGlobal Sydney on May 3rd

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• Avail launches AVAIL airdrop.

• Retro Funding Round 4 schedule.

• Velodrome to launch on Lisk L2.

• Optimism activates the MCP upgrade.

Harpie is an onchain security solution that protects your wallet from theft in realtime. Harpie helps you detect and block suspicious transactions before they execute, safeguarding your assets from malicious attacks and scams. Try Harpie for free at harpie.io/ethdaily.

Avail, a data availability blockchain, launched an airdrop for its native AVAIL token. The allocation includes 600 million AVAIL tokens for users across the Ethereum, Solana, Cosmos, Avalanche, and Near ecosystems. Eligibility categories include developers, incentivized testnet contributors, Polygon PoS stakers, and rollup users on OP Mainnet, Arbitrum, zkSync, and Polygon ZK-EVM. Eligible users must claim their AVAIL by May 5th. Once Avail Network launches on mainnet, the tokens will be automatically disbursed to the claimed wallets. AVAIL will be used to pay for services, and enhance security through staking, and governance participation. Avail originated from within Polygon Labs and later became an independent project in 2023. Avail aims to provide a scalable and secure solution for data storage, using both validity proofs and data availability sampling (DAS).

Optimism released the schedule for its fourth Retro Funding round, which targets onchain builders. The application window will open from May 23rd to June 6th, with badgeholders set to vote on allocations between June 23rd and July 8th. The results will be announced on July 15th. The round will allocate 10 million OP tokens to projects that have increased demand for blockspace. The funding round is based on impact metrics, including engagement with repeat and high-trust score users, and attracting new users. To be eligible, applicants must have deployed contracts on OP Stack chains, achieved interactions with at least 420 unique addresses from January 1 to May 1, 2024, maintained contract activity for more than 10 days, and verified contract ownership on GitHub.

Velodrome, the leading DEX on Base and Optimism, unveiled plans to expand its DEX to the Lisk L2 network. Originally launched as an L1 blockchain in 2016, Lisk has evolved into an OP Stack chain that focuses on real-world assets and the development of decentralized networks for physical infrastructure. Holders of $veVELO will vote on directing $VELO token emissions towards liquidity pools on Lisk. Lisk has also pledged to acquire a stake in $VELO and has committed $1 million in voting incentives to stimulate liquidity. The Lisk L2 network is live on testnet, with plans for a mainnet launch in the third quarter of 2024.

Optimism activated its Multi-Chain Prep (MCP) upgrade on mainnet. The update enables all chains within the OP Stack to reference a unified smart contract implementation. The feature allows L1 contracts to be upgraded across various OP Stack chains through a single transaction, enhancing upgradeability across the Superchain. The upgrade also introduces the dynamic discovery of contract addresses via SystemConfig, which improves the developer experience. The MCP upgrade was approved by OP token holders last month.

• Puffer Finance raises an $18m Series A round

• Renzo reaches 1 million staked ETH

• Kraken releases a self-custody wallet

• PoolTogether relaunches V5

• Safe acquires Multis

• Conduit upgrades Orbit chains

• Conduit releases RPC Keys

• oSnap Import Transactions feature

• Assertoor testing tool

• OpenZeppelin Foundry upgrades

• EAS hits 800k attestations

• Flat Money goes live on Base

• ATH on Degen Chain

• Introducing the new Lore

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