The First NEIRO Pumped 700% after Binance Listing
• $NEIRO, the first Neiro on ETH pumped 700% showing massively big green candles right before & during the announcement of Binance Listing
• The listing and subsequent price surge have fueled discussions on X, with some attributing this to insider trading or the broader implications of Binance listings on token value
Eigen Programmatic Incentives
• @eigenlayer's Programmatic Incentives v1 introduces weekly rewards in $EIGEN tokens to stakers and operators supporting Active Validation Services (AVSs)
• Starting October 2024, ~66.9M $EIGEN tokens (4% of total supply) will be distributed proportionally to participants, with 3% for ETH and LST stakers/operators and 1% for $EIGEN stakers/operators
• Rewards began accruing on Aug 15, and will be claimable from Oct 8
Balancer Autopool
• @Balancer’s Liquid Staked ETH pools with an auto-rebalancing strategy through a collaboration with @TokemakXYZ, are now live
• Users simply deposit ETH to receive balETH, and liquidity is autonomously routed across various Balancer pool types
• This strategy simplifies rebalancing in the ETH LST market, where Balancer manages $235.52M in liquidity and has processed $27.16B in swap volume
Hinkal v2
• @hinkal_protocol V2 introduces Anonymity Staking, where users stake ETH to earn yield, receive hETH (a liquid privacy token), and accumulate Hinkal Points
• By staking, users enhance privacy for the ecosystem, share 80% of transaction fees, and earn staking APR. Early stakers benefit from higher rewards
• The system aligns personal incentives with public privacy improvements
Band v3
• @BandProtocol v3 is a major upgrade to the Band oracle network. It enables permissionless, and auditable price feeds for smart contracts across both EVM and non-EVM platforms, including Cosmos-SDK
• Band v3 introduces a more efficient cost structure, with free price feeds and charges only for data validation
• Key components include a Signaling Hub for staker-voted price symbols, concurrent price streams, and secure Data Tunnels
Introducing OutcomeMarket
• @wintermute_t announced that they are developing a permissionless smart contract for a new US presidential election prediction market — OutcomeMarket that will be supported on Ethereum, Base and Arbitrum and supported by @chaos_labs’s Edge Proofs Oracle
• OutcomeMarket will feature certain benefits:
⇢ Permissionlessness for efficiency: Removing intermediaries facilitates for more liquidity, faster participation and more accurate pricing
⇢ Improved UX: Users can participate from Ethereum, Base or Arbitrum without having to bridge
⇢ Permissionless listing: Any trading venue will be able to list tokens with zero minting and zero fees
• The team also introduced 2 tokens namely $TRUMP and $HARRIS which will be listed on multiple trading venues and will have utility in DeFi application
• Lastly, the team announced that @Backpack, @bebop_dex and @_WOO_X will be launching this OutcomeMarket with more to follow
DeltaPrime Exploited for $6m
• @DeltaPrimeDefi exploited for $5.98M due to compromised private key
• The team is investigating the breach and working on asset recovery. DeltaPrime Red (Avalanche) remains secure. Insurance pool expected to cover potential losses.
• DeltaPrime is a DeFi project similar to Gearbox (Prime Brokerage Account)
Misc News
• @ton_blockchain partnership with @CurveFinance, goal is a new stable swap on TON
• @EvanWeb3 announced that native USDC will be available on @SuiNetwork
• Coinbase Ventures leads $5 million round in Vana, a network for user-owned data