ChainCatcher news, the decentralized physical infrastructure network (DePIN) project U2U Network announced a partnership with CoinList, becoming the first DePIN Layer1 project, and will launch the U2U mainnet incentive program in Q4 2024.Event Duration: 90 days, from November 11, 2024, to February 9, 2025Event Rewards: 10,000,000 $U2U tokensAdditionally, according to the Web3 asset data platform RootData, U2U Network is a DAG-based and EVM-compatible blockchain focused on providing unlimited scalability and on-demand decentralization.

ChainCatcher news, Ethereum staking infrastructure SSV Network announced that two key proposals have passed snapshot voting. The mainnet incentive program will promote broader adoption of DVT through rewards, while the foundation company will help streamline both offline and online operations.The "Mainnet Incentive Program" proposal aims to create an incentive layer for the running SSV mainnet, stimulating DVT adoption and the growth of the SSV network by rewarding participants operating on the SSV network over the next year. The program will run from epoch 232538 for a duration of 1 to 12 months, until epoch 314887. Each validator on the mainnet will receive SSV token rewards based on a tiered reward system, with the rewarded SSV tokens minted by the DAO.Another proposal, "ssv.network DAO Foundation Merger," outlines the steps and motivations for establishing the Cayman Foundation for ssv.network DAO (referred to as the SSV Foundation), including foundation documents, personnel, and a timeline for establishment. Within three months from the approval of this proposal, the Foundation Working Group (FWG) will have the authority to instruct the SSV Foundation to take necessary steps to complete the registration process and begin smooth and efficient operations of the SSV Foundation.

ChainCatcher news, the "Mainnet Incentive Program" proposal from the SSV Network community has opened for voting, currently with a support rate of 100%, and will end on November 7. This proposal aims to create an incentive layer for the running SSV mainnet, stimulating DVT adoption and the growth of the SSV network by rewarding participants operating on the SSV network next year.The duration of the program will run from epoch 232538 (approximately October 1, 2023, 12:03 AM UTC) for a period of 1 to 12 months, until epoch 314887 (approximately September 30, 2024, 11:57 AM UTC). Each validator on the mainnet will receive SSV token rewards based on a tiered reward system (as shown in the image below), and the rewarded SSV tokens will be minted by the DAO.