• Polygon proposes zkPoS Phase 1.

• WalletConnect launches WalletKit.

• 3DNS introduces Superchain Identity.

• Chainlink CCIP goes live on Gnosis Chain.

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Polygon introduced zkPoS Phase 1, a proposal that aims to connect Polygon PoS with the AggLayer. The AggLayer facilitates unified liquidity and security across a network of chains. zkPoS Phase 1 features a new ZK verifier, powered by Succinct Labs' Plonky3 proving system, which enables the AggLayer to validate network consensus. The integration would increase the AggLayer's TVL by more than $2 billion. Polygon plans to propose a formal PIP in the Fall, with plans to deploy the connection between Polygon PoS and the AggLayer by the end of this year. The move is part of a longer-term strategy to transition Polygon PoS into a zkEVM Validium.

WalletConnect launched AppKit and WalletKit, its latest tools designed for integrating wallets into dapps. The release introduces several features such as social-login, one-click authentication, and in-app swaps. The Social Login functionality allows users to access dapps using their existing social media accounts, including Google, Apple, Facebook, X, GitHub, and Discord. The One-Click Auth feature streamlines the login process by enabling users to authenticate with just a single click, merging both the connection and authentication steps into one operation. One-Click Auth is compatible with web, iOS, Android, and React Native as part of WalletKit. Lastly, the Swap feature, powered by 1inch, supports multi-chain token swaps without having to leave the app.

3DNS introduced Superchain Identity, a set of new .super and .chain subdomains under the .Box blockchain-native TLD. The domains are designed to be compatible with both traditional web and onchain web infrastructures, supporting the functionality of ICANN accredited domains. The domains enable users to host websites, manage emails, and create unique onchain identities. Initially, 3DNS is offering .super.box and .chain.box subdomains for registration at $5 per year. Looking ahead, the project plans to bid for the .super and .chain Top-Level Domains in the upcoming ICANN auctions. Superchain Identity domains will be built on Optimism's OP Mainnet.

Chainlink's Cross-Chain Interoperability Protocol (CCIP), a standard for creating cross-chain functionalities using arbitrary messaging, is now live on Gnosis Chain. Alongside CCIP, the launch includes Chainlink Automation, which facilitates the automation of smart contract events through onchain triggers. Gnosis Chain, formerly known as xDAI, is an EVM-compatible sidechain that uses DAI as its native gas token.

• Torrents and EIP-4444

• Layer3 raises $21m

• Rarible supports Degen Chain NFTs

• Native USDM on Arbitrum

• Sophisticated malware attack

• Biden to accept crypto donations

• zkSync introduces the ZK Token airdrop.

• Polygon launches a 1 billion POL grants program.

• Symbiotic unveils its restaking protocol.

• Devcon VII program tracks announced.

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.

zkSync, an EVM-compatible ZK Rollup, introduced its native ZK governance token, which will also serve as the network's gas token. A total of 695,232 addresses will receive a share of 3.67 billion ZK tokens, representing 17.5% of the token’s 21 billion total supply. The distribution aligns with zkSync's commitment to allocate two-thirds of its total token supply to the community. The remaining third is allocated to investors and team members. Token claims will go live on June 17th with a gas-free claiming process. The airdrop is based on a snapshot from March 24th, commemorating the one-year anniversary of ZKsync Era mainnet. Eligibility criteria for the airdrop included interacting with smart contracts, using paymasters, providing liquidity, and using zkSync Lite. Users from external communities like BONSAI and DEGEN airdrop 1 recipients, as well as holders of Milady and Pudgy Penguin NFTs, were included in the airdrop.

Polygon launched a Community Grants Program, allocating 1 billion POL tokens to support builders on Polygon. The program aims to distribute 100 million POL per year for the next decade. A Community Treasury Board will oversee the distribution of funds, with grants awarded at the start of each month. Applications are now open for the first grants season, which includes a 35 million MATIC funding pool. Grants ranging from 5,000 to over 50,000 MATIC are available for developers who are currently building on Polygon or intend to migrate their projects. The season features a General Grant Track and a Consumer Crypto Track. The application window for season one closes on August 31.

Symbiotic unveiled its shared security protocol featuring a flexible modular framework. Symbiotic enables networks to configure security parameters, including supported collateral assets, asset ratios, caps, node operator selection, rewards, and slashing mechanisms. Users can restake their assets on Symbiotic to earn rewards. The core contracts of Symbiotic are non-upgradeable and have been deployed on Ethereum mainnet. Symbiotic is offering protocol points to restakers who contribute to bootstrapping liquidity. In conjunction with its launch, Symbiotic also announced a $5.8 million seed funding round, co-led by Paradigm and CyberFund.

The Ethereum Foundation announced the programming tracks for Devcon SEA, which will include Core Protocol, Layer 2, Developer Experience, Coordination, Cypherpunk & Privacy, Applied Cryptography, Security, Real World Ethereum, Usability, and Cryptoeconomics. Applications for speakers open on July 9th and the first raffle-auction ticket wave starts next week, running from June 18 to July 9. Devcon VII will be hosted in Bangkok, Thailand from November 12-15.

• Tarun: incentivizing restaking security

• ZKPs are coming to Stylus MultiVM

• Aave ZK allocation discussions

• Lido advanced DeFi Strategies

• S-1 for ProShares Spot ETH ETF

• MEV-Tax Solidity library

• Introducing Oscillator

• PleasrDAO sues Martin Shkreli

• The OP Stack reaches Stage 1 decentralization.

• ZKsync unveils a governance framework.

• Blobstream goes live on Ethereum mainnet.

• UwU suffers a $20 million exploit.

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.

The OP Stack has reached Stage 1 decentralization, a milestone facilitated by the launch of Fault Proofs on OP Mainnet, which enables permissionless validation. The activation permits ETH and ERC-20 token withdrawals without the need for third parties. Any user can challenge invalid withdrawals through a dispute game mechanism. In Stage 1, rollups are equipped with functional proof schemes and a multi-sig override mechanism, such as the Security Council. The next milestone, Stage 2, will introduce a multi-proof system. As outlined by Vitalik, Stage 2 is the final step in rollup decentralization, where the Security Council cannot change the chain's state root. OP Stack chains on the Superchain, including Base, Mode, and Zora, are next to activate fault proofs.

ZKsync revealed plans for a native token to govern the ZKsync protocol. Token governance will be part of a three-component governance framework. The Token Assembly will enable ZKsync token holders to delegate, propose, and vote on protocol upgrades. The second component is a twelve-member Security Council. The ZKsync Security Council will review protocol upgrades and can pause the protocol during emergencies. The third component is the ZKsync Guardians, a group of five appointed individuals who can veto, initiate, and approve emergency measures concerning the network's operation. Since launching its mainnet in March 2023, ZKsync Era has facilitated over 350 million transactions across 6 million wallet addresses. The protocol's initial version, zkSync Lite, launched on mainnet in June 2020. ZKsync plans to release further details about its token allocation and delegation processes this week.

Blobstream, a data availability streaming solution by Celestia, is now live on Ethereum mainnet. Blobstream allows developers to deploy L2 rollups that leverage Celestia for data availability. A smart contract on Ethereum functions as an onchain light client responsible for verifying the validity of data sent by Celestia's light clients. Rollups using Blobstream as their data availability layer benefit from an independent gas market for blobspace. Blobstream is still in an experimental release phase.

Uniswap Labs acquired Crypto The Game, an onchain survival game that launched earlier this year. The game operates as a "winner takes all" competition, consisting of daily challenges spanning a 10-day period. Users enter the game by placing a wager in ETH, which is added to the overall prize pool. Players can play in the game or trade their game assets on secondary markets. In its second season, the game amassed a prize pool of 72 ETH, which the winner donated to support the Tornado Cash defense case. The CTG team is joining Uniswap Labs to continue developing the game with the upcoming launch of Season 3. Uniswap aims to enhance the onchain experience for its users by integrating new elements with its existing product suite.

UwU Lend, a DeFi lending protocol on Ethereum mainnet, suffered an exploit that led to nearly $20 million worth of assets being drained. According to Peckshield, a price oracle was exploited, allowing the attacker to manipulate prices in USDe paired pools. The attacker siphoned off ETH, WBTC, and several stablecoins and later swapped the stolen assets into ETH. Following the incident, UwU Lend paused its protocol to investigate the situation.

• Ethresear.ch: Inactivity Leak unveiled

• Chintai RWA on Base

• Superseed testnet launched

• Kurtosis is now open-source