Weekly Hot Project Updates: WLFI token to open for trading, Aave TVL exceeds 50 billion, Ondo Finance announces acceleration of full-stack RWA platform development, etc. (0713–0719)
Powered by ChatGPT1. World Liberty Financial Community Vote Passes WLFI Token Open Trading Proposal link
World Liberty Financial released a proposal on July 9, suggesting opening WLFI token trading. The voting started on July 10 and ended on July 17, and it was finally passed with a 99.94% approval rate. The proposal aims to promote the transition of WLFI from a closed ecosystem to an open ecosystem, allowing tokens to be traded through peer-to-peer and secondary markets, thereby expanding the community's participation channels in the governance process.
2. $Aave TVL Exceeds $50 Billion for the First Time in History link
$Aave TVL exceeded $50 billion for the first time in history, with a growth of 13.93% in the past 7 days, continuing to consolidate its position as the DeFi protocol with the largest TVL. Currently, the overall DeFi TVL reaches $2,843.9 billion, further moving towards the previous high (slightly above $3,000 billion).
3. Eclipse Announces Tokenomics: 15% for Airdrops and Liquidity link
Ethereum SVM Layer2 network Eclipse announced its tokenomics. The total amount of ES tokens is 1 billion. Among them: 15% is used for airdrops + liquidity; 35% is used for ecosystem + development; 19% is given to contributors (current and future); 31% is given to early supporters/investors. ES tokens can be used as Gas tokens for the Eclipse chain through Eclipse's native payment mechanism.
4. Pudgy Penguins Announces Cooperation with Chinese Toy Company Suplay link
Pudgy Penguins announced a cooperation with Chinese toy company Suplay. The specific cooperation content will be announced later. According to public information, Suplay was established at the end of 2019 and is a trendy consumer goods company covering the entire industry chain of IP and channels. It has signed cooperation agreements with IP in various fields such as the Palace Museum Culture, Sanrio, Genshin Impact, and Disney. In early 2021, Suplay received millions of US dollars in Series A financing from Jixiang Capital. In October 2021, it received tens of millions of US dollars in Series A+ financing led by miHoYo.
Previously, Alex, the former Binance community leader, announced that he had officially joined Coinbase as the head of crypto Twitter (CT) communication. In the future, he will be committed to promoting more direct, transparent, and interactive communication on social platforms to improve external perception and strengthen connections with the community. At the same time, Coinbase has changed its Twitter avatar to Pengu NFT.
5. Kaito AI May Launch Project Launch Platform Capital Launchpad link
Kaito AI tweeted, "Capital Launchpad loading…" Kaito official 0xWenMoon said that Capital Launchpad is not a Meme token issuance platform, but a chain-based crypto angel investment platform similar to Echo, which may support investors in participating in early high-potential crypto projects. Since Capital Launchpad is currently in the pre-release stage, the specific details are not yet clear. The community speculates that Capital Launchpad will allow KAITO stakers and top Yappers to participate in private token sales of new projects.
6. Sonic Labs Announces Plans to Launch AI Development Platform Spark, Supporting Users to Deploy Web3 Applications with One Click link
Sonic Labs announced plans to launch AI development platform Spark, which supports users to build and deploy Web3 applications through natural language without programming knowledge. Users will be able to complete smart contracts, front-end and deployment processes in the browser at one time. Spark is based on the Google Gemini large model and has a built-in risk scoring mechanism and self-debugging agent, which can optimize code in real time and prompt potential security risks before going live. It also has context-aware UI, development teaching and full-stack generation capabilities.
7. $Ondo Finance Announces Acquisition of Strangelove Labs to Accelerate the Development of its Full-Stack RWA Platform link
$Ondo Finance announced that it has acquired blockchain infrastructure development team Strangelove Labs to accelerate the development of its full-stack RWA platform. Strangelove has participated in the construction of key technologies such as multi-chain interoperability protocols, SDK frameworks, and customized chain deployment. Its former CEO Jack Zampolin will join $Ondo as Vice President of Product.
8. Polkadot Founder Gavin Wood Calls for an End to Staking Security Spending link
Polkadot founder Gavin Wood called for an end to the $500 million in annual Staking security spending under the NPoS model at the recent Web3 Summit event, believing that this structure causes capital outflow and incentive misalignment. He proposed short-term reforms including substantial incentive cuts, setting validator fiat salaries, and intermediate fund pool governance allocations. In addition, Gavin also suggested launching a Polkadot native stablecoin and shifting the treasury expenditure structure to this stablecoin settlement.
9. Third-Party Layer1 Blockchain Network Tac Announces Mainnet Launch link
Third-party Layer1 blockchain network Tac announced the launch of its mainnet, dedicated to seamlessly connecting EVM DApps to the TON and Telegram ecosystems. The network allows Telegram users to directly use DeFi protocols such as Curve, Morpho, and Euler in the messaging application, while providing developers with a deployment method that does not require rewriting code. Tac has completed a total of $11.50 million in financing, with the latest round led by Hack VC.
10. PumpFun Launches Creator Fees Redirection Mechanism to Support Community Takeover of Abandoned Projects link
PumpFun has launched a Creator Fees redirection mechanism that allows qualified community takeover parties (CTOs) to apply to redirect the project creator's profit-sharing address to the core contributor wallet. It is suitable for projects that are still in the Bonding Curve or have been migrated to PumpSwap, while projects that have been migrated to Raydium are not eligible.