ChainCatcher news, according to the official announcement, EigenLayer has launched its Rewards v2 testnet at 15:49 EST on December 14. Rewards v2 is a protocol upgrade in the EigenLayer ecosystem aimed at enhancing the flexibility, efficiency, and customization of rewards.

ChainCatcher message, the AI data layer protocol Glacier Network announced on platform X that it has completed a total of approximately $4.2 million in public sale fundraising through Fjord Foundry.In addition, Glacier Network also announced that 10% of the total supply of GLS tokens has been allocated, with the token's launch on CEX and DEX expected on December 18.

ChainCathcer news, Treasure DAO announced on X that its ZKsync-based game L2 blockchain is now live. Treasure's MAGIC token is used for its gas fees, and the Treasure rollup is supported and maintained by Matter Labs, the developers behind ZKsync. As part of the mainnet launch, the player-facing universal account and wallet system, Treasure Connect, is also officially live, while developers can use the Treasure SDK, which supports platforms like Unity, Unreal, and Godot, to get their games up and running. Another featured function is the game exchange, ------ a decentralized token exchange for Treasure powered by Magicswap v2, allowing game developers to integrate token swaps and other DeFi foundational features into their user experience.

ChainCatcher message, EigenLayer has published its second EigenLayer Improvement Proposal (ELIP-002) on social media: Slashing Mechanism. This ELIP proposal introduces a slashing mechanism to the EigenLayer protocol to enhance cryptoeconomic commitments and provide tools for AVS (Active Verification Service) to innovate and reward high-quality service operators.The slashing mechanism designed in the proposal integrates two new concepts proposed by Eigen Labs: Unique Stake and Operator Sets, allowing AVS to penalize operators for failing to meet commitments (such as computational errors or liveness issues).Unique Stake ensures that each AVS has exclusive access to specific punishable stakes, reducing systemic risk. Operator Sets allow AVS to segment tasks and operators for better accountability and reward distribution.

ChainCatcher news, Polyhedra Network announced the launch of the Layer 1 public chain EXPchain testnet.The core technology of EXPchain is Polyhedra Network's pioneering ZKP and AI technologies, including the Expander proof system, zkPyTorch integration, and smart proofs (PoI), aimed at revolutionizing the intersection of artificial intelligence (AI) and blockchain.

ChainCatcher news, according to The Block, the Web3 notification protocol Push Protocol announced plans to launch the Layer 1 blockchain Push Chain. The main features of this chain include wallet and gas fee abstraction, sharding, and sub-second transaction finality. The initial testnet for Push Chain is planned to be released in phases in mid-January 2025, with the mainnet to be launched later that year.

ChainCatcher news, based on EigenLayer, has announced the economic model of the token ALIGN for the decentralized zero-knowledge proof verification layer targeting Ethereum by the Aligned Layer Foundation. The total supply of ALIGN is 10 billion tokens, with an initial circulating supply of 3 billion tokens (i.e., 30%), most of which will flow to the community to incentivize early work and contributions. The specific allocation plan for ALIGN is as follows:Ecosystem and community: 44%;Foundation: 10%;Team: 23.5%;Investors: 22.5%.Previous news, Aligned Layer completed a $2.6 million seed round financing, led by Lemniscap. On April 25, Aligned Layer completed a $20 million Series A financing, led by Hack VC.

ChainCatcher news, Risitas Capital shared that LayerZero (ZRO) will hold a public referendum on December 19 to initiate fee conversion.According to previous official documentation, ZRO holders will always control the accumulation of protocol fees. An immutable voting contract enforces a public on-chain referendum every six months, allowing ZRO holders to vote on whether to enable or disable the protocol's fee switch.The LayerZero protocol may charge fees equal to the total cost of validating and executing cross-chain messages. For example, if the DVN and executor configuration chosen by the application charges a fee of $0.01 for transactions between Arbitrum and Optimism, LayerZero may also charge a fee of $0.01.If the fee switch is activated through governance, the referendum treasury contract will collect fees on the local chain and burn those fees.

ChainCatcher news, the Bitcoin native Layer 2 project Bitlayer based on Bitcoin Finality has officially launched the BTCFi Carnival event in collaboration with Binance Wallet, which will last until January 24, 2025. During the BTCFi Carnival, Binance Wallet will host exclusive events for 2-3 BTCFi projects each week, distributing a total of $1.2 million in BTR rewards and generous rewards from ecological projects to participating users.Currently, Binance Wallet has launched the first week's event with a $600,000 BTR incentive. Users can now log in to the page to complete social tasks and daily check-in tasks set by Bitlayer, and upon verification, they can receive corresponding BTR rewards.In addition, Bitlayer has added an extra 10 million BTR prize pool for continuous check-in rewards, and will soon launch a feature for Bitlayer Lucky Helmet NFT holders to directly claim exclusive BTR rewards.

ChainCatcher message, Binance announced a $5 million airdrop carnival due to the redesign of the Binance wallet, allowing users to experience the improved Binance wallet and upgraded airdrop area.This week, Binance will launch token airdrop events for the Bitlayer, Orderly, and Prosper projects, with the Bitlayer airdrop already live in the Binance wallet. Other projects will be announced in the coming weeks.

ChainCatcher news, Farcaster co-founder Varun Srinivasan stated on the X platform that the new data layer of the Farcaster social network, Snapchain, will enter Alpha testing in December, with a goal for a full launch in the first quarter of 2025. Snapchain is written in Rust, can handle over 10,000 TPS, and will support millions of daily active users. Snapchain allows users to make unlimited transactions for a fixed annual fee. Users create accounts by initiating transactions to the registration contract on the OP mainnet. After creating an account, users can sign Snapchain transactions using the "application key" configured by the registration center.

ChainCatcher news, according to Cointelegraph, Eigen Labs plans to launch an upgraded version of Rewards v2, aimed at bringing greater flexibility, efficiency, and customization to rewards within the EigenLayer ecosystem. The testnet will be deployed on the Holesky testnet on December 12, with the mainnet deployment scheduled for January next year.This proposed upgrade is also the first EigenLayer improvement proposal (ELIP) to utilize the EigenLayer governance process (EigenGov) recently announced by the Eigen Foundation. The Rewards v2 upgrade proposal expands the platform's reward capabilities and introduces several features: Operator-oriented rewards: AVS can reward operators based on performance or custom logic. Variable operator fees: Operators can set their own rates based on AVS, providing economic flexibility and attracting diverse participation. Batch reward claiming: Stakers and Operators can claim multiple rewards in a single transaction, thereby reducing gas costs.

ChainCatcher news, the high-performance rollup network Layer N has announced its transformation into a new Layer-1 blockchain N1. N1 is an application-centric full-stack Layer-1 blockchain designed to prioritize scalability and performance.N1 will adopt a super app and product-centric approach. It will be the first blockchain to support Typescript application development (other languages such as Solidity, Rust, and C are also in preparation), lowering the learning curve for deploying applications on-chain.The team behind N1 has received significant investments from institutions such as Founders Fund, Multicoin, dao5, Kraken, Amber, GSR, and SALT.

ChainCatcher news, according to The Block, the Layer 1 public chain Xion, focused on chain abstraction, has officially launched its mainnet and introduced an innovative "Double or Nothing" token airdrop mechanism. The project completed a $25 million Series A funding round in April this year and previously received $11 million in investments from institutions such as Circle Ventures, Animoca Brands, and Multicoin.Xion is developed based on the Cosmos SDK, pioneering the use of USDC as the primary trading currency, with plans to issue a total of 200 million XION tokens, and the first round of airdrop will allocate 10 million tokens.

ChainCatcher news, according to financefeeds, the decentralized derivatives protocol Perennial has announced the launch of Perennial Intents, an innovative perpetual contract intent layer solution designed to unify the fragmented liquidity landscape of DeFi.Perennial founder Kevin Britz stated that currently only a small portion of cryptocurrency trading volume occurs on-chain, and it is dispersed across hundreds of L1 and L2 networks. Perennial Intents provides deeper market depth and better price execution by integrating liquidity from both on-chain and off-chain trading venues.It is reported that the protocol combines a hybrid model of off-chain order matching and on-chain AMM settlement, while also launching a one-click trading feature and the Perennial Petals rewards program, which offers double points during the initial launch period. Currently, Perennial has completed integrations with major trading platforms such as Kwenta, Siren, Rage Trade, and Cryptex Finance.

ChainCatcher news, the cross-chain settlement layer Union announced the completion of a $12 million Series A funding round, led by Gumi Cryptos Capital and Longhash Ventures, with participation from Borderless Capital and Blockchange, as well as blockchain founders from Polygon, Movement, and Berachain. The total funds raised have reached $16 million.The funding will be used for core team expansion, partner integration, and ecosystem development.According to RootData, Union is an efficient interoperability protocol that connects all blockchains and Rollups within any ecosystem. It is based on consensus validation and does not rely on trusted third parties, oracles, multi-signatures, or MPC.