ChainCatcher news, DL Research posted on X that Curve Finance's decentralized stablecoin crvUSD has generated $18 million in fees since its launch in June, with a market cap reaching $66 million.Previous report, CurveDAO launched the yield-bearing stablecoin Saving crvUSD (scrvUSD), which has reached $6.6 million in deposits as of the time of publication.Curve Finance clarified: "Since the fee distribution switched to crvUSD in June, this fee has been generated. The crvUSD itself was launched in May 2023, and more fees have been generated since then."

ChainCatcher news, Scroll announced that 15% of the total token supply will be allocated for future airdrops, with 7% to be distributed on October 22. However, users expressed disappointment over the decision to allocate 5.5% to Binance Launchpool, considering this allocation unfair.Although Scroll stated that Binance can help achieve global distribution, many users questioned this strategy, believing it favors large investors. The total supply of SCR is 1 billion tokens, and users are hoping for a fairer distribution mechanism to reflect their contributions and efforts.

ChainCatcher message, Blast tweeted that it has received many questions about the second phase plan, how users and teams can participate, and how it will operate overall. The second phase includes points and Gold, similar to the first phase, but the allocation mechanism will be different based on the lessons learned from the first phase. The Blast Foundation will clarify how the second phase works in a detailed guide next week.

ChainCatcher message, in response to community feedback regarding the issue of large holders using the Stargate allocation mechanism for arbitrage, the cross-chain bridge Stargate community is currently voting on the "Upgrade Stargate EqReward Design" proposal, which has a current support rate of 92.6%. The voting will end on May 31.The proposal requests: (1) to eliminate the discount given for rebalancing transfers, resulting in lower protocol fees (keeping all transfer protocol fees at 6-10 bps); (2) to update the feelibrary so that the maximum allocated eqReward is the maximum protocol fee for that route (6-10 bps), meaning that rebalancing protocol users will incur 0 fees but will not receive additional rewards for doing so.By modifying the feelibrary to only refund fees instead of providing rewards, users will not be able to obtain additional eqRewards, allowing the protocol to retain more eqRewards and incentivizing the continuous balance of Stargate. (Source link)