67245951152 43149569760 Wormhole brings SOL to the Avalanche chain, what big moves are the three cross-chain giants planning? Wormhole officially announces the native landing of SOL on Avalanche! This is not just a simple cross-chain bridge, but allows Solana's beloved SOL to directly parachute into the Avalanche ecosystem with a full skill set, without missing out on DeFi mining or subnet customization features! This move has set the industry abuzz: the three cross-chain giants (Wormhole + Solana + Avalanche) are aiming to dominate the multi-chain universe?
$LPT Livepeer establishes a foundation, will decentralized video overturn YouTube? The Web3 video space is making big moves again! Livepeer (LPT), which gained attention through 'video mining', has just officially announced the establishment of the Livepeer Foundation—a completely neutral entity dedicated to promoting network growth, decentralized governance, and ecological coordination. This move directly targets 'DAO Autonomy 3.0', and with GrayScale and Tiger Global also betting on this track, it seems traditional streaming media might be in trouble. #Livepeer
$SNX Synthetix makes a big move! The sUSD peg defense battle escalates, can the doubled collateral ratio save the day?
Recently, the crypto world has truly been a scene of magical realism — on one hand, meme coins on the Solana blockchain are soaring, while on the other hand, the established DeFi protocol Synthetix is frantically wrestling with the decoupling crisis of its stablecoin sUSD. Just now, the official announcement has dropped a bombshell: starting June 2, the sUSD deposit ratio for SNX collateralizers will double from 10% to 20%, and those who do not meet the standard will have their debt relief benefits suspended!
Although fixing the peg is a top priority, Synthetix's ambitions go beyond that. The officials have stated that once stability is achieved, they will fully push forward with the operation of the 420 pool and perpetual contracts on the Ethereum mainnet. This move is clearly aimed at competing with dYdX and GMX for the derivatives market share! However, insiders are more concerned: how long can the “debt pool model” of sUSD hold up? After all, MakerDAO's DAI has long been engaging in RWA, and if Synthetix continues to stubbornly focus on pure crypto collateral, it might end up in a twist…
71709323305 41616621882 Synthetix has completely turned the table! Just announced a brand new staking mechanism, directly tossing "the inherited debt management of synthetic assets" into the trash, now even newbies can dive in with their eyes closed! What’s even crazier is that the 10 million SNX reward pool has directly smashed into the DeFi circle, and the opportunists registered overnight to prepare for the rush! Below, we will delve into whether this epic upgrade is truly worthwhile——
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01 Three major weapons of the new mechanism, can even clumsy players get rich?
① Debt management has vanished
Previously, playing SNX staking required daily monitoring of the collateral ratio, fearing that a single fluctuation would turn you into a "negative asset" due to successive liquidations. Now the official has completely flipped the table: canceling debt position management + abolishing collateral ratio requirements, staking is as brainless as depositing in a money market fund! Finally, families no longer need to monitor the market while taking antihypertensive medication.
② Dual pools crazily distribute 10 million dollars
• Main pool 420: 5 million SNX rewards distributed based on staking duration, starting on May 28 (next week!), with a full 12 months lock-in turning it into an ATM mode.
• sUSD sub-pool: another 5 million SNX exclusively for stablecoin players, but you must be a "time assassin"—the principal is locked for 12 months, and if you run away midway, you will be left with nothing.
③ Exit mechanism plays with your heart
Want to withdraw early? You can! But you must accept a 7-day cooling-off period + the cruel rule of losing all rewards. The official is clearly pushing you to become a "Zen Holder"; will short-term speculators dare to arbitrage?
$JUP Jupiter's new lending protocol LTV skyrockets to 90%, is the Solana ecosystem trying to turn DeFi into Wall Street?
Jupiter is about to break the DeFi ceiling! Yesterday at the Solana Accelerate conference, the brand new lending protocol Jupiter Lend was announced, partnering with the well-established Ethereum protocol Fluid to make waves, directly raising the loan-to-value ratio (LTV) to 90%! Compared to the industry average of 75%, this move is simply handing out nuclear-powered leverage to retail investors!
What's even bolder is the introduction of a dynamic risk isolation mechanism, as if they're afraid you won't liquidate fast enough, right? (manual dog head emoji) Let's dive deep into whether this operation can help Solana break through Aave and Compound in the lending race! #jup
$YGG GG is going crazy! Established a publishing department to wildly release blockchain games, Pudgy Penguins + a 10 million dollar prize pool. The pioneer of play-to-earn YGG suddenly announced the establishment of a game publishing department YGG Play and launched its first blockchain game 'LOL Land' — this move is directly aimed at the 'crypto casino'!
Key points:
• Pudgy Penguins IP collaboration, exclusive first release of Abstract;
• 100,000 pre-registrations directly crashed the server, a prize pool of 10 million YGG tokens;
• Free players vs. paying high rollers, clearly targeting two types of people: laid-back players and high-stakes gamblers! #ygg
$TIA Celestia joins forces with Hyperlane modular blockchain. The top-tier Celestia made a big move early this morning—officially announcing the integration of the cross-chain giant Hyperlane as its 'official channel', directly sending the native token TIA to Ethereum, Solana, Base, and other major chains for a 'full-chain tour'! This move completely shatters 'interoperability'.
Who is Celestia? The OG of the modular track, relying on Data Availability Sampling (DAS) technology to make Rollups collectively shout 'daddy'; what about Hyperlane? The founding father of permissionless interoperability, crafting cross-chain bridges as if it were play. This official announcement effectively equips TIA with 'intercontinental missiles'—from now on, DeFi giants on Ethereum, meme enthusiasts on Solana, and yield farmers on Arbitrum can all one-click buy TIA for staking and mining! #TİA
$WLD World Chain strikes against USDC.e, is the cross-chain earthquake really to welcome the 'compliance tsunami'?
World Chain's move is too aggressive! They just announced that starting from May 22 at 8 AM, they will directly disable the official cross-bridge service between USDC.e on Ethereum and their own chain! This is forcing old users to convert all their assets to native USDC!
I heard this move is paving the way for a major upgrade of USDC, and in a few days they will start native cross-chain transactions on CCTP V2! But next door, Sui just broke records with its TVL, while World Chain is going the opposite direction with 'cross-chain disconnection'. What are they really up to? #wld
$ZK ZKsync is making a big move! Gas fees have been cut directly by 94%, is the Layer2 race about to change? ZKsync's recently announced v2.3 upgrade proposal has raised the standard for Layer2's 'champion' to a whole new dimension—verifying ZK proofs has seen gas fees plummet from 6.8 million to 370,000, a staggering drop of 94%! What does this mean? It's like going from first class on a plane to riding a shared bicycle, and the best part is you don’t even have to pedal!
Even more exciting is that this upgrade has also conveniently included elliptic curve operations (ECAdd, ECMul, ECPairing) directly into the circuits, cutting down the verification cost of ZK proofs to a fraction of the original! Coupled with the newly added ModExp precompiled feature, operations like RSA signatures and zero-knowledge proofs that were once high-barrier are now 'foolproof', ushering in an era of easy profits for developers! #zksync
$PENDLE Pendle joins forces with top institutions to make big moves, will stablecoin yields reach Mars?
Pendle has just officially announced a partnership with the leading DeFi institution in Asia, DeFiance Capital, locking in CP. This duo is set to take stablecoin yields to a quantum level—high returns while remaining as steady as a rock!
DeFiance Capital is not just any ordinary backer—they are the largest DeFi fund in Asia. Founder Arthur Cheong transformed a six-figure capital into a nine-figure empire, a legendary figure in the industry. #pendle
$STX Bitcoin L2 veteran is making moves! Stacks' new roadmap is wildly reshaping the ecosystem, is sBTC going to replace wBTC?
Stacks, which was criticized for being 'as slow as lightning,' has suddenly gone crazy! The new roadmap lays it all out — major economic model overhaul, DeFi crazily distributing funds, block speed surpassing SOL, and sBTC being completely decentralized… Is this an attempt to take advantage of the Bitcoin ETF and halving to flip the BTC Layer2 table? #stx
$SNX Synthetix Unleashes Million Dollar Daily Buyback to Rescue sUSD Peg Crisis Escalates Again: As one of the oldest stablecoins in the DeFi space, sUSD has recently gone through a "roller coaster market"—from a historic decoupling below $0.6 in April, to barely climbing back to $0.8 thanks to a 72% annualized staking pool, and then falling again to $0.93 yesterday (May 17th). This wave of "sit-ups" has completely bewildered the retail investors.
Latest Nuclear Weapon Activated: Just early this morning, Synthetix's official team suddenly dropped a bombshell—daily buybacks of $1 million in real cash for sUSD! This operation can be described as the "brutal aesthetics" in stablecoin market rescue, straightforward and direct, stepping in as a market maker, determined to pull the price back to $1. #snx
$AEVO Aevo makes a big move! The AGP-2 proposal has passed with overwhelming votes, and the monthly on-chain buyback plan is officially restarted!
Family! The Aevo community has just made a big move - the AGP-2 governance proposal has passed with overwhelming votes, and the monthly on-chain token buyback plan is officially restarted! This operation directly reignites the deflationary engine of $AEVO ! #aevo
$LDO Lido updates dual governance mechanism online, will stETH players no longer fear DAO malfeasance?
Dear family! Just now, the leading Lido has released an announcement that the dual governance mechanism is coming! Simply put: in the future, when we encounter controversial DAO proposals, we stETH holders can directly withdraw from the protocol, no longer having to worry about large LDO holders engaging in opaque operations! This move turns 'voting with your feet' into an on-chain native function, truly a 'emergency escape pod' for DeFi! #lido
$METIS Metis unleashes a major upgrade! Andromeda upgrade is coming on May 14th, is the ultimate form of L2 decentralization being born?
Metis has just announced the launch of the Andromeda upgrade on May 14th, this move directly raises the L2 decentralization standard to the ceiling! As the first phase of the ReGenesis plan, this upgrade brings two powerful tools: fraud proof + data on the mainnet, combined with the already legendary decentralized sorter, Metis aims to become the 'decentralization terminator' of the L2 track! #metis
$EIGEN EigenLayer is making big moves! Punished funds will no longer be destroyed, AVS players are ecstatic? The leading EigenLayer has just released an update — the redistribution mechanism is coming! In simple terms: in the future, funds that are confiscated from AVS (Active Verification Service) will no longer be directly destroyed but will be redistributed to ecosystem participants. This operation turns 'punishment' into an 'incentive tool', truly a crypto version of 'turning waste into gold'! #eigen
$OP OP Superchain Lightning Upgrade! Pectra's hardcore features go live in 48 hours, Base/Unichain full-chain carnival!
Optimism has truly taken it to new heights this time - just two days after the Ethereum Pectra mainnet went live, OP Stack has seamlessly integrated its core features into the Superchain through the Isthmus hard fork! This move has propelled ecosystems like Base and the OP mainnet into the stratosphere!
Why is this upgrade considered a game changer?
1. 48-hour rapid synchronization On May 7, Ethereum activated Pectra, and by May 9, OP completed the hard fork adaptation, becoming the first L2 ecosystem to fully embrace Pectra. Compared to other chains that often experience delays of several weeks, OP's technical execution is a groundbreaking achievement!
2. Comprehensive chain coverage without blind spots The upgrade sweeps across Base (Coinbase's beloved child), the OP mainnet, Unichain (the national chain of South Korea), Soneium (the Sony ecosystem chain), and other OP Stack members, which means:
◦ User cross-chain interaction fees drop by another 30% (double the Blob capacity bonus)
◦ Stakers can manage a super node with 2048 ETH at the click of a button (supported by EIP-7251)
◦ Account abstraction makes wallets operate seamlessly like WeChat Pay
3. The ambition of the Superchain This upgrade holds hidden secrets - a combination of decentralized orderers and batch transactions allows Superchain to handle an average of 50 million transactions per day (Coinbase's financial report reveals that Base captures 70% of the traffic), directly challenging Solana! #op
$ASTR ASTR Tokenomics Major Reform! Fixed Total Supply + 50% Fee Burn, Staking APR Locked at 14%?
Astar Network just dropped a game-changing proposal—to transform ASTR from a dynamic inflation model to a fixed supply model, and to use a decay function to drive the inflation rate to rock bottom! This move is directly targeting the "deflation narrative", combined with a 50% fee burn + Protocol-Owned Liquidity (POL), is $ASTR set to become the "small Bitcoin" of the Polkadot ecosystem?
Why is this reform so explosive?
1. Fixed Total Supply + Emission Decay = Deflation Bomb The current dynamic inflation model (fixed production of 253 ASTR per block) will be abolished and replaced with a maximum supply cap, using a mathematical function to reduce emissions over time. Drawing from the experience of the 2023 Tokenomics 2.0 that reduced inflation from 9.5% to 5.8%, this time it might go directly below 3%!
2. DApp Staking APR Locked at 11-14% In the next two years, the annualized staking yield will stabilize in the 11%-14% range (the base rewards have already dropped from 25% to 10%), more balanced than Solana (7.29%) and Cosmos (16.5%). The team also hinted at a veASTR model, where the longer you hold the tokens, the higher the rewards!
3. 50% Fee Permanently Burned Half of the Gas fee for each on-chain transaction will be burned directly (referencing EIP-1559), while the other half will go into the AFC committee treasury for Protocol-Owned Liquidity (POL). Similar to Lido's stETH liquidity monopoly strategy, this move aims to become the "liquidity warlord" of the Polkadot ecosystem! #astr
$ETHFI Ether.fi's April Madness Earns $2.4 Million! 100% of Income for Token Buyback, Is ETHFI About to Soar?
The leading platform Ether.fi has just made a bold move — in April, the protocol generated a staggering $2.4 million in revenue (average ETH price $1716), and 100% of the withdrawal fee income will be used to buy back ETHFI! This operation has truly innovated token economics, causing the token price to surge instantly! 🔥
Why is this buyback so explosive?
1. Real Money Protecting the Price According to the latest approved DAO proposal, Ether.fi will use 100% of the user withdrawal fees (which are usually earned by the protocol itself) for buying back $ETHFI , which means there will be funds in the secondary market for purchases every day. Compared to other projects that are stingy with just 5%-10% of their income for buybacks, this is simply a model of integrity in the industry!
2. Buyback Execution to be Announced Soon The foundation has stated that it will soon announce specific buyback figures, and if it’s anything like December, when they bought back $3.6 million in a month (which raised the token price by 30%), this time could be even more aggressive! After all, the market cap of $ETHFI is only $390 million, with only 21.7% circulating supply, so just a little buying can pump the price.
3. Re-staking Track Firmly in the Lead Although EigenLayer has a higher TVL, Ether.fi, with its unique advantages of non-custodial and key self-holding, has pushed its TVL to $7.8 billion (fourth across all chains!), and April’s revenue has crushed competitors. This buyback essentially tells the market: "I have plenty of cash flow, I can afford this!" #ethfi
$SUI $AXL Sui ecosystem is exploding! Axelar cross-chain connects the two meridians, 1.4 million users are frantically processing 11 billion in transaction volume!
Family! The Sui ecosystem has been absolutely crazy lately! Just yesterday, Axelar (AXL), the cross-chain giant, officially announced a deep integration with the Sui mainnet. Now, any project can use Axelar's Inter-Token Service (ITS) to transfer native assets to the Sui chain with one click, just like sending a WeChat red envelope—users won't even feel they are crossing chains; it's as smooth as playing a single-player game!
Why is this integration considered a game changer?
1. DeFi players are ecstatic: Seamless "chain" connection Previously, cross-chain operations required bridging, exchanging, and waiting for confirmations; now, with ITS service, mainstream assets like BTC/ETH can be instantly converted into Sui native tokens. Coupled with Sui's parallel processing technology, transaction speed is maximized, eliminating worries about MEV bots front-running!
2. 1.4 million daily active users + 11 billion in transaction volume This integration comes at the perfect time—recently, the average daily active addresses on the Sui chain soared to 1.4 million, with the transaction volume exceeding 11 billion USD in 30 days. In the ecosystem, Scallop's lending TVL broke 200 million, and Bluefin's derivatives trading volume topped the charts, making it a definite "popular public chain."
3. Axelar's hidden buff As a cross-chain veteran connected to over 60 chains, Axelar comes with a decentralized sorter and batch trading technology, effectively halving cross-chain costs. Even cooler, its oracle network can provide pricing for BTCfi projects on Sui, like Lombard's Bitcoin staking token LBTC, which took off thanks to this! #sui #AXL