• Worldcoin introduces World Chain.

• Socket introduces the Chain Abstraction Protocol.

• Arbitrum Foundation Grants Phase 3.

• StakeWise to deploy V3 on Gnosis Chain.

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Worldcoin, the digital identity network founded by OpenAI's Sam Altman, introduced World Chain, a new L2 network built on the OP Stack that prioritizes human users. The network will give priority block space to wallet addresses that are verified through World ID's Proof of Personhood credentials, aiming to reduce spam and bot activity. Currently, the Worldcoin protocol operates on OP mainnet and has a global user base of 10 million, with 5 million of those users having already verified their identities using an Orb. According to the project, Worldcoin users account for 44% of the activity on OP mainnet. The launch of the new L2 network is scheduled for this summer and will include a gas allowance for World ID-verified users.

Socket, a liquidity aggregation layer, re-introduced itself as the chain abstraction protocol, a new architecture that features Modular Orderflow Actions (MOFA), an auction-based system where execution agents, like sequencers, validators, market-makers, solvers, and keepers, compete to execute user requests. The new approach reduces the need for users to bridge by allowing them to cover execution costs on their preferred chain while an execution agent carries out the request on the target chain. The design aims to address liquidity fragmentation and a worsening user experience caused by the increasing number of modular chains.

The Arbitrum Foundation is now accepting applications for the third phase of its grant program, open to teams developing on Arbitrum One, Nova, Orbit, or Stylus. This phase excludes infrastructure, education, events, and community projects. Grants range from an average of $10,000 to $150,000 in ARB tokens, disbursed based on the achievement of KPI-based milestones. Phase three includes five grant tracks: the Growth Track for projects on Arbitrum testnet, the Advanced Growth Track for projects on Arbitrum mainnet, a Multichain Growth Track for applications launched on other mainnets, along with tracks for Orbit and Stylus projects. The application period closes in late June, and grants are awarded on a rolling basis, with final decisions made by the Arbitrum Foundation.

Liquid staking protocol StakeWise announced plans to launch the third iteration of its protocol on Gnosis Chain. The release will help expand the GNO node operator set and stake all unbonded GNO. It will also feature new functionalities for staking withdrawals, liquid solo staking, and aims to restore the sGNO and rGNO peg. Currently, StakeWise's deployment on Gnosis Chain holds 36% of all staked GNO with a TVL of approximately $24 million.

• Mint L2 built on OP Stack

• OMNI token claim goes live

• Dune supports Linea data

• Geth v1.13.15 release

• Samczn launches SEAL-ISAC

• MYSO supports rETH

• L2Beat costs page

• Synthetix adds 12 new perps markets

• Crypto The Game winner

• Scroll sessions campaign

• Uniswap swap smarter guide

• Movement launches StreamDeFi

• Inkmate is now open-source

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• Lido deploys Simple DVT Module on mainnet.

• Scroll introduces the Bernoulli upgrade.

• OKX launches X Layer on mainnet.

• Smoldapp releases Smoldapp V2.

Lido Finance, the leading LST protocol with a 28.89% market share in staking deposits, launched its Simple DVT Module on Ethereum mainnet. The module allows both solo and community stakers to become Lido Node Operators using Obol DVT clusters. Lido has onboarded an initial cohort of 72 net new nodes to its network. According to data from Rated Network, Lido has had 290,000 active validators operated by 36 node operators. Over the coming months, Lido anticipates adding up to 250 new Node Operators. It also plans to roll out a Community Staking Module (CSM) that will offer permissionless access for Node Operators.

Scroll, an EVM-equivalent ZK Rollup, introduced the Bernoulli network upgrade, an update that introduces support for EIP-4844 blob transactions. Data blobs use an independent gas market, providing up to 10x cheaper data availability costs for Scroll. The upgrade will also support the SHA2-256 precompile contract, which makes processing complex operations more efficient. The upgrade is set to go live on April 29th, 2024. Node operators on Scroll are required to update their client software before the hardfork. Scroll plans to further reduce gas fees in a future upgrade, which will introduce data compression enhancements and support for EIP-1559. Scroll is currently the fifth largest ZK-Rollup by TVL.

OKX launched X Layer on mainnet, a ZK-powered Layer 2 network built on Polygon's Chain Development Kit (CDK). The new chain is integrated with the AggLayer, Polygon's unified liquidity layer, allowing for asynchronous transactions across any connected blockchain. The native token for paying gas fees on the X Layer is OKB, the native token of the OKX platform. OKX plans to integrate bridging capabilities to X Layer in its self-custodial wallet. With over $25 billion in user assets, OKX currently ranks as the third largest crypto exchange in terms of 24-hour trading volume.

Smoldapp, a registry of small specialized dapps, introduced the second iteration of its application. Smoldapp provides interfaces for managing token distribution, disposal, and migration. The latest V2 release consolidates the dapps into a unified portal and introduces several new features including a locally stored address book, the capability to send multiple tokens at once, and the ability to disburse tokens in a single transaction.

• EigenLayer lifts LST caps

• ethOS phone opens regular-orders

• Angle launches USDA for all

• Resolve ENS names on L2 chains

• Canada capital gains tax increase

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• Arbitrum BOLD goes live on testnet.

• Reth AlphaNet open-source release.

• Uniswap increases its front-end fee.

• Caldera releases a roadmap page.

Arbitrum Bounded Liquidity Delay (BOLD), a dispute resolution protocol featuring interactive fraud proofs, is now live on a public alpha testnet release. BOLD allows anyone to run a validator node, enabling permissionless transaction validation. BOLD protects against delay attacks by implementing a fixed upper limit of 7 days for resolving disputes. Delay attacks occur when malicious actors spend funds to delay the confirmation of transactions. With BOLD, honest validators can collaborate and pool resources to successfully win disputes, even when facing multiple malicious actors. Arbitrum Orbit chains will be able to adopt BOLD by updating their Arbitrum Nitro stack. Offchain Labs plans to launch BOLD on Arbitrum One and Arbitrum Nova mainnet in the Summer of 2024.

Reth AlphaNet, an OP Stack testnet rollup for experimenting with EIPs, is now open-source. Reth AlphaNet supports periodic network resets and features three EIPs, including EIP-3074 for AUTH instructions, EIP-7212 for secp256r1 curve support, and EIP-2537 for BLS12-381 curve operations. Reth AlphaNet aims to surpass performance thresholds of one gigagas per second and address challenges related to state growth. The rollup is built on the Reth SDK and OP Reth execution client. The development roadmap for AlphaNet includes a hosted version on Conduit, distribution of modified Foundry builds, and experimental enhancements in wallet user experience via Rivet.

Uniswap Labs increased its swap fee to 0.25% for transactions made through its front end, except for certain token pairs like stablecoin-to-stablecoin and ETH to WETH swaps. The increase comes as Uniswap Labs received a Wells Notice from the SEC last week, suggesting that the increased revenue could help its position in future legal proceedings. The front-end fee is separate from fees charged by liquidity providers and the yet-to-be-activated Uniswap Protocol Fee switch. Since initiating a 0.15% swap fee on October 16th, Uniswap Labs has accrued about $12 million in total fee revenue. Over the volatile weekend, it generated half a million dollars in daily fee revenue.

Rollup-as-a-Service infrastructure provider Caldera released a roadmap page featuring recent upgrades and upcoming development plans. Caldera already supports testnet rollup deployments using Arbitrum Orbit, OP Stack, ZK, and Polygon CDK tech stacks. Caldera is also working to develop a production-ready version of its self-service platform, which will enable users to deploy custom rollups on mainnet.

• Vitalik transfers 100 ETH to Railgun

• ePBS bypassing relayer

• Hong Kong approves Spot ETFs

• SAFE transferability approved

• EIP-3074 and the AA roadmap

• Notional launches restaking vault

• Aligned Layer raises $2.6m

• Glo credit card waitlist

• Interface releases Farcaster index

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