• UF proposes a UNI rewards mechanism.

• Optimism Ecotone network upgrade.

• Initial EIPs for Pectra.

• Zircuit launches LRT restaking.

Best free podcast app for Apple iOS and Android | Let words move you

Millions of podcasts for all topics. Listen to the best free podcast on Android, Apple iOS, Amazon Alexa, Google Home, Carplay, Android Auto, PC. Create...

https://castbox.fm

Listen on: Apple | Castbox | Spotify | YouTube | Lens

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.

Uniswap Foundation Governance Lead Erin Koen published a proposal seeking to introduce a mechanism that rewards UNI token holders for delegating and staking their tokens. The rewards mechanism aims to revitalize Uniswap governance by incentivizing active delegation. The mechanism would introduce two new smart contracts to the Uniswap protocol for the permissionless collection of protocol fees and their distribution to actively participating UNI token holders. A Snapshot vote for the proposal will go live in one week on March 1st, followed by an onchain proposal vote on March 8th, assuming no blockers arise. Following the proposal’s release, Uniswap's UNI governance token has seen its price surge by over 50% in the past 24 hours. Previously, GFX Labs had put forward a proposal to activate a fee switch for Uniswap, but the proposal did not progress due to regulatory concerns.

Optimism announced the Ecotone network upgrade, an update for OP Stack chains that incorporates EIP-4844 blob transaction support. The upgrade is set to go live on March 14th at 00:00 UTC, one day after the Dencun upgrade on the Ethereum mainnet. Blobs represent a new storage solution with a distinct fee market, separate from traditional transaction gas fees. Blobs will dramatically decrease rollup data availability costs, with Optimism predicting reductions by as much as 80x. The Ecotone upgrade also integrates Dencun L1 extensions, such as support for transient storage, memory copy, self-destruct only in the same transaction, and the BLOBBASEFEE opcode. OP Stack node operators will need to prepare their nodes for the upgrade.

Ethereum core developers agreed to include EIP-6110, EIP-7002, and EIP-7549 in the Pectra upgrade, which is the next upgrade after Dencun. EIP-6110 seeks to embed validator deposits directly into the Execution Layer, simplifying the deposit process. EIP-7002 introduces a method for validators to exit the beacon chain using 0x01 withdrawal credentials. EIP-7549 proposes to enhance the efficiency of Casper FFG clients by excluding certain committee information from consensus votes. Additionally, developers are exploring the possibility of adding inclusion lists EIP-7547. More complex proposals like verkle tries have been deferred to the Osaka upgrade to avoid delaying Pectra, which will potentially go live by the end of the year.

Zircuit, an EVM-compatible ZK-Rollup, has opened deposits for its restaked-restaked ETH protocol, offering Zircuit points for LRT deposits. Assets deposited are funneled into a staking pool. The protocol currently supports deposits for ezETH, rswETH, rsETH, LsETH, and stETH. The assets will be migrated to the Zircuit rollup following its mainnet launch.

• ERC-4337 deploys EntryPoint v0.7

• Tornado Cash fundraiser extended

• RPL rocketnomics proposal

• Etherscan supports DNS lookup

• Ritual x EigenLayer

• Velvet Capital live on Arbitrum

• Dopex rebrands as Stryke

• Kraken shares SEC story

• Base 2024 Grant recipients

🔗 Website | 🎙 Podcast | 🎥 YouTube | 🐦 X | 🌿 Lens | Farcaster

• Span Batches activate on the OP Stack.

• Euler Finance releases V2 whitepaper.

• Privy opens for general availability.

• Uniswap issues ENS subdomains.

Span Batches Activate On OP Stack

Span Batches activate on the OP Stack. Euler Finance releases V2 whitepaper. Privy opens its authetnitcation libraries for general availability. And ...

https://castbox.fm

Listen on: Apple | Castbox | Spotify | YouTube | Lens

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 Optimism Delta network upgrade has successfully been deployed to mainnet, introducing Span Batches for OP Stack chains. Span Batches reduce the fixed onchain costs of operating an OP Stack chain by encoding consecutive L2 blocks into a single batch, reducing the number of blocks posted to L1 Ethereum. The new feature yields significant cost reductions, especially for new or less active OP Stack chains such as Mode, which anticipates its fixed monthly overhead expenses to reduce from $200,000 to under $1,000, marking a cost reduction of over 90%. Optimism will also be EIP-4844 ready once the Dencun upgrade goes live on Ethereum.

Euler Finance unveiled its whitepaper for Euler V2, the second itteration of its lending platform. Euler V2 introduces a modular framework that supports the creation of customizable ERC-4626-compatible vaults. It features vaults designed for governed lending, ungoverned modular vaults, and escrow vaults for collateral without yield. The core components of Euler V2 include the Euler Vault Kit (EVK), which facilitates the development and linking of various lending vaults, and the Ethereum Vault Connector (EVC), which enables vaults to interconnect and serve as collateral for each other. This release follows the pause of Euler V1 amid a $200 million flash loan attack last year, from which the majority of funds were recovered.

Authentication development tool provider Privy officially launched its services for general availability. Now, anyone can use Privy's wallet connectors into their mobile applications to integrate secure authentication and embedded wallets. The launch includes Privy’s progressive authentication library, embedded wallet library, and web and mobile clients. Privy enables web2 sign-up options for end users, such as SMS, email, and social logins. It also supports web3 social logins through platforms like Lens and Farcaster. Privy's libraries have already been adopted by friend.tech, OpenSea, and Zora to streamline wallet onboarding.

Uniswap released free ENS subdomains, allowing users to turn their hexadecimal Ethereum address into a human-readable address. Users can claim their personalized uni.eth subdomain via the Uniswap mobile app on iOS and Android. Users can modify their ENS records to include an avatar, biography, and social media links directly from the Uniswap app. Claiming a subdomain is also gasless. Uniswap is the largest DEX by TVL with over $4.5 billion.

• Lodestar Deneb-ready v1.16.0 release

• Prysm Deneb-ready v5.0.0 release

• Nethermind Dencun-ready v1.25.4 release

• Issuance curve adjustment proposal

• Superfluid raises $5.1

• Clave raises $1.6m

• StarkGate 2.0 is live on mainnet

• Flashbots Protect data

• Reddit holds ETH on balance sheet

🔗 Website | 🎙 Podcast | 🎥 YouTube | 🐦 X | 🌿 Lens | Farcaster

• Conduit L3 deployments.

• Alchemy launches Modular Account.

• Fuel to launch to mainnet in Q3.

• EF opens ZK grant applications.

Listen on: Apple | Castbox | Spotify | YouTube | Lens

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.

Infrastructure provider Conduit now supports Layer 3 chain deployments on testnet. Developers can now launch L3 chains that settle transactions on OP Stack chains including Base, Mode, and Zora Network. To further reduce network fees, developers have the option to use Celestia for data availability. L3s offer lower computational costs and dedicated block space tailored for application-specific chains. Conduit released a commemorative NFT series across each of the networks to celebrate the launch of L3. Mode refers to its L3s as Mode Flares. Deploying a rollup to mainnet on Conduit incurs a monthly RaaS fee of $3,000.

Blockchain service provider Alchemy launched Modular Account, a new smart contract account implementation that is compatible with ERC-4337 and ERC-6900. Modular Account allows developers to installl modular plugins for desired functionalities such as account recovery, multi-signature capabilities, and key permissions. Alchemy introduced two initial plugins: the Multi Owner Plugin for shared account ownership and the Session Key Plugin for temporary access permissions. ERC-6900 is a standard for composable contract accounts, while ERC-4337 is an account abstraction standard that introduces user operations and bundlers. Modular Account is accessible through Alchemy’s AccountKit SDK.

Fuel Labs unveiled plans to launch its optimistic Layer 2 rollup protocol to mainnet by Q3 2024. Positioned as an operating system designed for Ethereum rollups, Fuel consists of the FuelVM, the Sway programming language, and the Forc Toolchain framework for building dapps. Fuel introduces native account abstraction and supports multiple signature schemes. Fuel combines features from different blockchain systems, like interoperability and security, into a single system coined as the rollup operating system. Further details about the project's launch will be released in the upcoming months.

The Ethereum Foundation has opened applications for its first round of ZK grants, with a total of $900,000 available for research and development proposals focused on ZK proofs and standards for ZK Layer 2 solutions. The foundation is seeking proposals related to benchmarking the performance of proof systems, tools for forced inclusion, transpilers for zkDSL to Solidity, and multi-proofs systems. Applications can be submitted until March 18th.

• Geth v.1.13.13 release

• ENS DAO eth.link proposal

• Starknet Circle STARK Protocol

• Coinbase response to SEC

• Inco joins EigenLayer

• Redstoene liquid staking report

🔗 Website | 🎙 Podcast | 🎥 YouTube | 🐦 X | 🌿 Lens | Farcaster