LayerZero Contributes 5,000 ETH To DeFi United
LayerZero is contributing 5,000 ETH to DeFi United's recovery effort.
- Layerzero
- Defi-united
- Aave
LayerZero is contributing 5,000 ETH to DeFi United's recovery effort.
The Summer of Protocols (SoP), a research and development program originally seeded by the EF, relaunched as The Protocol Institute.
DeFi United secures funds to restore rsETH backing. Consensys and Joseph Lubin commit 30,000 ETH. And Bitmine crosses 5 million ETH.
Consensys and Joseph Lubin pledge up to 30,000 ETH, and SharpLink joins as a strategic advisor, to DeFi United.
Stani Kulechov confirms DeFi United has the funds to fully restore rsETH backing, pending governance votes.
The Aave DAO proposes a 25,000 ETH contribution to DeFi United. The EF swaps 21,269 aWETH for wstETH. And Polymarket plans a chain migration.
Polymarket's engineering roadmap includes a chain migration aimed at providing more block space, lower gas costs, and faster block times.
The 21,269 aWETH-to-wstETH swap reduces Lido EarnETH's WETH debt on Aave by ~20,000 WETH after the KelpDAO exploit drove utilization to peak levels.
The Aave DAO offers a 25,000 ETH contribution to the DeFi United Relief Vehicle for KelpDAO's rsETH following a 75,081 ETH residual shortfall.
Ecosystem projects rally to cover rsETH's shortfall. Mantle offers Aave DAO a 30,000 ETH loan facility. And a $1M Ethereum Security QF round goes live.
J.P. Morgan acquired 1,974,144 shares of BitMine Immersion Technologies Inc. (BMNR), the world’s largest Ethereum treasury company.
$PROVE is the native token of the Succinct Prover Network and will serve as payment for generating proofs, economic security through staking and slashing, and governance.
Restakers, operators, rollup sequencers, and full nodes can now interact with EigenLayer on Holesky.
The company acquired 10,000 ETH in an over the counter transaction directly with the Ethereum Foundation.
A new long-lived Ethereum testnet featuring a similar configuration and validator count as Ethereum mainnet.
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