• 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

Follow us on X, Lens, and Farcaster.

• Worldcoin introduces World Chain.

• Socket introduces the Chain Abstraction Protocol.

• Arbitrum Foundation Grants Phase 3.

• StakeWise to deploy V3 on Gnosis Chain.

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.

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

Follow us on X, Lens, and Farcaster.

• 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

Follow us on X, Lens, and Farcaster.