ChainCatcher news, the Aptos ecosystem lending protocol Echelon has published a statement outlining the project's future roadmap. Echelon stated that it will advance the following work in the coming months:Drive TVL growth to over $300 million;Double the number of collateral assets supported by the protocol;Launch the Movement and Inita mainnets;Expand the use cases of RWA, LST, and BTC within the protocol;Introduce the protocol governance token.

ChainCatcher news, the GMT team has released the iconic tag "#MGGA" on the official X platform, leading the market to speculate that this may be a signal for a large-scale GMT token burn by the team.Currently, the total circulation of GMT is 2.9 billion tokens, of which 800 million have been burned, accounting for approximately 27.59% of the total circulation.

ChainCatcher news, Mantle announces that the governance token COOK for the mETH protocol is now open for claiming.The total supply of COOK is 5 billion, with an initial circulating supply of 916 million. The COOK token will be listed on multiple exchanges today at 18:00 Beijing time.

ChainCatcher news, the governance token DBR of the cross-chain interoperability protocol deBridge is now open for claiming, and all claims to CEX have been distributed.According to RootData, deBridge is a secure interoperability layer for Web3, supporting decentralized transmission of any messages and values across different blockchains. The validation of cross-chain transactions is executed by a network of independent validators, who are elected by deBridge governance and work for deBridge governance.

ChainCatcher news, according to official sources, the decentralized infrastructure provider Puffer Finance has released its latest roadmap update. According to the announcement, Puffer plans to conduct a Token Generation Event (TGE) in early Q4 this year, launching the governance token PUFI.In addition, Puffer stated that the current Total Value Locked (TVL) exceeds 500,000 ETH, and the ecosystem continues to grow. More than 5,000 node operators have contributed to its decentralized infrastructure. UniFi AVS will be launched at the end of August, which is the first AVS that powers UniFi-based rollups and provides pre-confirmation for L2 transactions. The Puffer UniFi rollup testnet will go live in September, as the first atomically composable rollup, allowing users to instantly withdraw funds back to L1 within the same block. Puffer Restaking V2 is scheduled for release in early Q4, which will introduce advanced features such as fast track rewards and global mandatory anti-slashing, while reducing the collateral requirements for node operators by 50%. The withdrawal system will open in early Q4.

ChainCatcher news, the decentralized payment network Wirex Pay announced on X that its mainnet is now live. The governance token WPAY for Wirex Pay will be launched in September.According to RootData, Wirex Pay is a decentralized payment network that supports self-custody debit cards and IBANs. Wirex Pay is designed as a modular payment chain, incubated by Wirex, the global leader in the crypto debit card market.

ChainCatcher news, Renzo Protocol announces the launch of its governance token REZ on Solana to enhance its influence in the blockchain ecosystem. The REZ on Solana will maintain a 1:1 peg with the REZ on Ethereum, and this token will comply with Solana's token standards, making it compatible with the decentralized finance ecosystem of the blockchain.REZ was initially deployed on Ethereum and will be transferred to Solana using the Wormhole framework. The Guardian network of the multi-chain protocol utilizes secure cross-chain proofs to ensure seamless token transfers between Ethereum and Solana.

ChainCatcher news, according to Cointelegraph, the Maker protocol has officially been renamed to Sky and has announced the names of its upgraded stablecoin and native governance token, aiming to make decentralized finance (DeFi) more accessible to the general public.As part of the rebranding, Maker has renamed the world's largest decentralized stablecoin Dai (DAI) to USDS.The protocol has also launched the Sky (SKY) native governance token for the broader Sky ecosystem, serving as an upgraded version of the Maker (MKR) token.MakerDAO co-founder Rune Christensen stated that this rebranding is a step towards embracing "the next evolution of DeFi."

ChainCatcher news, according to CoinDesk, the crypto lending platform MakerDAO will allow MKR holders to convert their tokens into the newly issued NewGovToken (NGT) tokens. Holders will be able to exchange 1 MKR token for 24,000 NGT tokens, and MakerDAO hopes this will increase governance participation, as users will hold a larger number of NGT tokens.In addition to launching NGT, MakerDAO also announced NewStable (NST), a new stablecoin that will be pegged to DAI at a 1:1 ratio. Both DAI and MKR will remain available, and the conversion is optional.

ChainCatcher news, according to CoinDesk, asset management company Grayscale has launched a new fund focused on MakerDAO governance tokens. The new closed-end fund Grayscale MakerDAO Trust will be open to qualified individual and institutional accredited investors. Similar to the company's other single-asset trusts, the fund does not allow direct withdrawals, which may lead to discrepancies between the fund share price in the secondary market and the price of the underlying asset.

According to ChainCatcher news, the decentralized trading platform HelloDex has officially released and announced its governance token economics, with a focus on 80% of the protocol profits being allocated to users, specifically:10% allocated to users of the product;10% allocated to the community, KOLs, and volunteers;10% for each new version's security audit costs as well as team operations, development, and server costs;20% retained by the team.

ChainCatcher news, according to Token Terminal data, PancakeSwap is currently the decentralized exchange (DEX) with the most governance token holders, reaching a total of 1.7 million holders. This far exceeds other DEX platforms.

ChainCatcher news, according to The Block, the cross-chain interoperability protocol deBridge has announced the launch of its governance token DBR, with a total supply of 10 billion tokens. The token distribution plan of deBridge allocates 20% of the supply to Launch and its community, with a circulating supply of 1.8 billion DBR at issuance.Of the remaining supply, 26% is allocated for ecosystem support, 20% for core contributors, 17% for strategic partners, 15% for the deBridge Foundation, and 2% for validators. deBridge token holders will be able to stake their DBR tokens and participate in governance voting on DAO protocol parameters, including electing active validators, setting minimum consensus thresholds, and the deployment and upgradability of smart contracts.In addition, the third voting session of Jupiter LFG will start at 1 AM Beijing time on May 23. The Jupiter LFG launch board voting requires the Jupiter community to decide whether deBridge will use the platform as a crowdfunding venue for DBR through a Jupiter-based liquidity pool. If deBridge wins the vote, it will have three months to launch on LFG.

ChainCatcher news, Maker founder Rune Christensen posted on social media that PureDai will have its own new governance token, with the following main features:The initial supply of the PureDai governance token is 2 billion;The initial supply will be distributed to NewStable mining users on the Ethereum mainnet over 5 years;Permanently distributed to PureDai vaults users to subsidize the generation of PureDai;The surplus portion of PureDai will be used to accumulate PureDai governance tokens through a smart burn engine;The PureDai governance token will play a backing role when PureDai faces bad debts.ChainCatcher previously reported that Maker founder Rune Christensen stated on the X platform that, as a complement to NewStable, to meet the needs of users who prefer a purely decentralized vision, Maker is expected to launch another purely decentralized stablecoin, PureDai.

ChainCatcher news, according to The Block, the L2 network Mode built on the OP Stack will launch its governance token airdrop claim at 19:00 Beijing time on May 7. In this initial phase, Mode will distribute 550 million Mode tokens, accounting for 5.5% of its total supply of 10 billion tokens.It is reported that this distribution is based on the Mode points held by users, which were initially allocated during the "Mode Sunrise" event in January. Shortly after the claim starts, Mode tokens are expected to be listed for trading on various decentralized and centralized exchanges.Additionally, after the first phase, Mode plans to continue its token distribution, with the second phase running from May 5 to September 6, during which an additional 500 million tokens will be allocated. The team has also released further details regarding its tokenomics. Of the total supply of 10 billion tokens, investors and core contributors will receive 38% of the total Mode tokens. The foundation treasury will hold 27%, while the remaining 35% is specifically allocated for community and developer airdrops.

ChainCatcher news, the L2 network Mode built on OP Stack will launch its governance token MODE on May 7. The total supply is 10 billion tokens, of which 5.5% is allocated for the first of two user airdrops. The second airdrop will take place from May 5 to September 6, during which an additional 500 million tokens will be distributed. 38% of the supply is allocated to investors and core contributors, 27% to the foundation treasury, and the remaining 35% to users and developers.