ChainCatcher message, Ethereum founder Vitalik responded to X user @yishan's tweet asking "Reply with some things you used to strongly believe in but changed your mind about as you learned more" by saying: I no longer focus on mathematics and cryptographic protocols like I did 10 years ago; now I use mathematics to make rough initial guesses and try to avoid the worst-case scenarios, rather than explaining behavior in average cases.Vitalik's interest in economics is also waning, as he wrote: I spent a lot of time in the first five years of the crypto world trying to invent a mathematically provable optimal governance mechanism, but ultimately found that what I was looking for was impossible to achieve. The most important variables that determine whether existing flawed systems succeed or fail in practice (usually the level of coordination among subgroups of participants, but also factors of "culture") were variables I did not model or consider at the time.

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, the Sui ecosystem lending protocol Suilend announced on platform X that the SEND token has been launched at 13:00 Beijing time on December 12.Suilend further stated that 40% of the SEND supply will be distributed through the mdrop mechanism: 20% will be rewarded to SEND point holders and early users; 5% will be allocated to the Sui ecosystem community; 15% will be allocated to SAVE holders on Solana.

ChainCatcher message, Starknet posted on platform X: "Just a reminder, Starknet is supported by a quantum-resistant proof mechanism."

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on X stating, "ARB has seen a huge rebound, but fundamentally it is still undervalued, trading at only a fraction of Sui, Avax, Tron, etc., while its trading volume and TVL are several times higher. Stylus allows developers to build using Rust/C++, and game deployment/Animechain as well as ongoing interoperability research seem to be the biggest drivers of future growth."

ChainCatcher news, according to The Block, the DeFi project DeFi.app has completed a $2 million seed round financing, with a valuation of $100 million. This round of financing was led by Mechanism Capital, with participation from Selini Capital, North Rock Digital, and about 50 angel investors. The financing was completed through a Simple Agreement for Future Tokens (SAFT) structure, reflecting the fully diluted valuation of DeFi.app's yet-to-be-launched native token HOME.DeFi.app aims to be the Robinhood of the DeFi space, dedicated to simplifying decentralized financial transactions while maintaining self-custody of assets. Users can perform one-click cross-chain transactions, access decentralized derivatives markets and yield opportunities, and are exempt from Gas fees, without the need for bridging or KYC verification.Founder Greer revealed that the platform's public beta will launch this month, with the mainnet and HOME token expected to be released in the first half of next year. Additionally, DeFi.app plans to conduct a token airdrop and expand its team size.

ChainCatcher message, a proposal discussion initiated in Jupiter DAO titled "Introducing an Emergency Unstaking Mechanism for JUP". The proposal states, "The fixed 30-day unlocking period for JUP staking is a strong mechanism for locking supply and encouraging long-term commitment, but it can pose significant challenges in black swan events or unforeseen emergencies. Introducing an emergency unlocking option allows users to shorten the 30-day unlocking period by paying a penalty or fee, which can be added to the treasury or redistributed as staking rewards."

ChainCatcher news, Mechanism Capital partner Andrew Kang posted on the X platform that MicroStrategy is being pushed up by BTC, with the premium rate continuously reaching new highs, which traditional finance cannot understand, and there is a certain degree of sluggishness towards the MicroStrategy model.

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, the cryptocurrency payment solution provider Alchemy Pay has announced the release plan for its Layer 1 blockchain, Alchemy Chain. Alchemy Chain is built on the scalable Solana Virtual Machine (SVM) architecture, designed to support the growing demands of Alchemy Pay's business operations and to revolutionize the integration of cryptocurrency and fiat payments.ACH will serve as the utility token for Alchemy Chain, allowing users to pay gas fees with it or fiat currency. For developers, Alchemy Chain will provide a meme launchpad and meme bot tools. Additionally, Alchemy Chain will implement a stablecoin revenue mechanism, offering users the opportunity to earn yields.

ChainCatcher news, Mechanism Capital co-founder Andrew Kang posted on X platform stating: "This may sound counterintuitive, but the best token economic model design for a project is to not set lock-up restrictions for investors and to allow as many tokens to circulate as possible from day one (excluding team and treasury shares).A 1-year lock-up period followed by a 3 to 4-year release period is a poor standard, stemming from a misunderstanding of capital markets and lazy replication of previous projects. In reality, longer unlock restrictions have little impact on investor participation after TGE; excellent investors will support the project regardless of whether the tokens are unlocked. The industry standard needs to change."

ChainCatcher message, ether.fi announced on social media that ether.fi is introducing Chainlink's Proof of Reserve (PoR) mechanism on Ethereum to enhance the protocol's transparency.Through PoR, users can cryptographically verify whether the staked assets of ether.fi are fully collateralized, thereby increasing user trust and platform security.

ChainCatcher message, Cobo co-founder and CEO Shen Yu commented on the theft incident involving Radiant Capital, stating that the measures the industry can currently take against this complex attack are:Project teams and security companies should conduct detailed inspections of high-privilege sensitive contracts, first setting a time lock (even a short time lock of 10 minutes can effectively mitigate attacks), and adding an automated monitoring and alert mechanism.First, obtain and parse the information to be signed from the hardware wallet via the app, providing a temporary mitigation for the blind signing issue of the hardware wallet.Integrate the parsing function for complex transactions within the hardware wallet to enhance transaction transparency and security.

ChainCatcher news, the leading decentralized artificial intelligence agent DeAgentAI announced the launch of its community's first model based on the DeAgentAI feedback training mechanism ------ AlphaX.DeAgentAI is the first AI feedback mechanism incentive protocol in Web3, which tightly couples the feedback mechanism with the training process, realizing the concept of Proof of Insight for the first time, aiming to solve the challenge of rapidly implementing large models in various niche scenarios.AlphaX is developed by an AI team from top academic institutions such as Carnegie Mellon University, University of California, Los Angeles, and State University of New York, and has received widespread recognition from industry leaders and traders during its internal testing phase. It is reported that users can leverage AlphaX to obtain BTC and ETH price prediction signals generated by DeAgentAI's self-developed AI model, and provide feedback to the model by choosing to trust or not, offering more parameters for the team to train the model.To promote the marketization of AlphaX, DeAgentAI has engaged in strategic cooperation with multiple ecological partners such as Bitlayer, KiloEx, and oooo to jointly hold market activities. In addition, DeAgentAI has launched an incentive program worth 1 million USDT, giving users the opportunity to share in the 20 million tokens prepared for the AA's Dog activity season.DeAgentAI successfully completed a $6 million financing this year and held an ecological joint event GUESS2049 in September in collaboration with more than ten leading project parties such as B2Network, with a total of 300,000 users conducting over 440,000 on-chain transactions.

ChainCatcher news, BakerySwap officials posted on X that a new mysterious project is about to land on the BakerySwap Launchpad. The platform introduces a price protection mechanism for the first time, ensuring that the token price will not fall below the issuance price.

ChainCatcher news, Mechanism Capital co-founder Andrew Kang posted on X platform stating: "ETH leverage has risen to the levels seen during the ETF hype. Is there a good reason to explain that this phenomenon is driven by directionless long positions? If not, this will put pressure on ETH."

ChainCatcher news, Andrew Kang, co-founder and partner of the crypto venture capital firm Mechanism Capital, posted on social media, "It seems that Murad's speech at Token2049 catalyzed the next wave of capital reallocation into Meme coins.Popcat appears to be one of the beneficiaries of these capital flows and is currently undergoing price discovery.The four major Meme coins preparing to join this cycle are ------ BONK, WIF, PEPE, and FLOKI."

ChainCatcher news, Pyth announced the launch of the upgraded Oracle Integrity Staking (OIS), aimed at enhancing the reliability of data sources and the security of the DeFi ecosystem.OIS incentivizes publishers and PYTH holders to participate in staking by introducing on-chain staking rewards and penalty mechanisms, ensuring the security of the oracle network. Publishers can earn rewards by providing high-quality data, and if the data is incorrect, they will face penalties.In addition, PYTH holders can stake and delegate to publishers to enhance their returns. The Pyth DAO will be responsible for overseeing key updates and parameters of OIS.