ChainCatcher news, according to data from RootData, the Param Labs token (PARAM) has increased by 201% in the last 24 hours, currently priced at $0.018.Additionally, the Web3 asset data platform RootData shows that Param Labs is a AAA game and blockchain development studio focused on providing the highest quality blockchain-integrated games to the public through player-owned digital assets.

ChainCatcher news, according to data from RootData, the Param Labs token (PARAM) has increased by 132.99% in the last 24 hours, currently priced at $0.014.Additionally, the Web3 asset data platform RootData shows that Param Labs is a AAA game and blockchain development studio focused on providing the highest quality blockchain-integrated games to the public through player-owned digital assets.

ChainCatcher message, friend.tech posted on X stating that the Admin and ownership parameters have been set to 0x000...000 to prevent any future changes to its fees or functionality. This change will not affect the separate web client running on friend.tech, which will continue to operate normally. Currently, no fees from the smart contract or friend.tech will flow to the friend.tech development team's multisig.

ChainCatcher message, Maker stated on social media that the Block Analitica team proposed adjustments to various vault type parameters, which will be considered in the upcoming governance vote. Here are the details of the proposed changes:Stability Fee (SF) changes:ETH-A: reduced to 6.25%ETH-B: reduced to 6.75%ETH-C: reduced to 6%WSTETH-A: reduced to 7.25%WSTETH-B: reduced to 7%WBTC-A: reduced to 7.75%WBTC-B: reduced to 8.25%WBTC-C: reduced to 7.5%Effective DAI borrowing APY adjusted to 7%;DSR (Dai Savings Rate) adjusted to 6%.

ChainCatcher message, the Compound governance page shows that Gauntlet has initiated proposal 291, proposing adjustments to the risk parameters of Compound v2, cUSDCv3, and cUSDTv3 on the Ethereum mainnet. Voting will open in approximately 13 hours.

ChainCatcher message, according to official news, the Maker governance portal has opened a new execution vote involving the following changes:Stability Range Parameter UpdateStability fee reduction: involves ETH-A, ETH-B, ETH-C, WSTETH-A, WSTETH-B, WBTC-A, WBTC-B, WBTC-C;DSR reduction: from 8% down to 7%;Update Chainlink Keeper Network Treasury AddressThis is a necessary condition to facilitate the upgrade of Chainlink Automation from v2.0 to v2.1 for MakerDAO;Aave-SparkLend Revenue Sharing PaymentThe smart contract address controlled by Aave Governance will pay 219,125 DAI as part of the Aave-SparkLend revenue sharing;June 2024 Adjusted Delegate CompensationA total of 209.17 MKR will be allocated for this;Spark Proxy SpellDeploy the following changes on SparkLend:Reduce the Spark effective DAI borrowing rate by 1 percentage point to 8%;Increase the weETH supply cap to 200,000 weETH;Increase the weETH isolation mode debt ceiling to 200 million DAI.

ChainCatcher message, the Compound governance page shows that proposal 260 has been approved by community vote and is expected to be executed within three days. The proposal indicates that Gauntlet has suggested the following risk parameter updates for the Optimism v3 USDC comet:Increase the WBTC liquidation penalty from 5% to 10%;Increase the WBTC supply cap from 60 to 120;Increase the OP supply cap from 700,000 to 1,400,000.

ChainCatcher message, TON ecosystem game Hamster Kombat stated that the user airdrop allocation will depend on hourly profits and some other activity parameters released by the team in the future, rather than the amount of token balance.In addition, due to the large number of users, the team is working on fixing the servers to provide a better experience.

ChainCatcher message, the Aave community proposal states that it is recommended to adjust the risk parameters of five Aave V3 assets (GNO, OP, ARB, stMATIC, MaticX), including loan-to-value ratio and liquidation threshold.

ChainCatcher message, according to a post by Compund Governance on X, there is one day left until the voting for proposal number 250 ends. The number of voters has reached the required amount, and this proposal changes the risk parameters of cUSDbCv3 on the Base chain.

ChainCatcher news, Web3 game platform Param Labs has completed a $7 million financing round, led by Animoca Brands, with participation from Delphi Ventures and Cypher Capital.Param Labs aims to build a gaming ecosystem governed by its native PARAM token, which is set to launch soon. The company's first game, "Kiraverse," is a play-to-earn multiplayer shooting game.

ChainCatcher news, the official AIatMeta under Meta announced that Meta has officially released two Llama 3 open-source artificial intelligence language models, including 8 billion parameters and 70 billion parameters. The model features new capabilities, such as improved reasoning abilities, and sets new state-of-the-art levels for specific models.It is reported that in the coming months, the team expects to launch new features, longer context windows, additional model sizes, and enhanced performance + Llama 3 research papers for the community to learn from the work on Llama 3.

ChainCatcher news, according to Cointelegraph, users of the Blast network cryptocurrency lending application Pac Finance reportedly suffered a liquidation of $24 million on April 11 due to a sudden change in parameters by the developer's wallet. An official Discord administrator claimed they had notified the team about the issue. The official team has not yet issued a statement regarding this matter.It is reported that Pac Finance allows cryptocurrency holders to deposit funds and earn interest by lending capital. To ensure repayment, the application only allows borrowers to take out loans equivalent to a certain percentage of the collateral value. This percentage is known as the "Loan-to-Value" (LTV) ratio. The LTV can be changed by the development team, but it is usually only executed after an announcement.According to blockchain data from the Blast network, the Pac Finance developer wallet called a function on its PoolConfigurator-Proxy contract at 1:06 AM UTC on April 11, setting the LTV for ezETH at 60%.

ChainCatcher news, Animoca Brands' Web3 project Mocaverse stated on social media that Param Labs, a game ecosystem project supported by Animoca Brands, has joined the Mocaverse partner network, and will airdrop 3.3 million PARAM tokens to Moca NFT holders.It is reported that the 3.3 million airdrop tokens will be evenly distributed to all eligible participants (1 NFT = 1 spot).

ChainCatcher news, the Aave community has initiated a new ARFC proposal aimed at adjusting the risk parameters of the DAI stablecoin.It is reported that the proposal was put forward by the Aave Chan Initiative (ACI) team, recommending to adjust the loan-to-value ratio (LTV) of DAI to 0% across all Aave deployments and to remove sDAI incentives from the Merit program, effective from Merit Round 2 and onwards.Additionally, this move is intended to address the aggressive actions of MakerDAO's recent D3M plan, which has caused DAI's credit line to grow from zero to a projected 600 million DAI in less than a month, and potentially increase to 1 billion DAI in the short term, thereby increasing the risk of DAI as collateral. Considering that currently only a small portion of DAI deposits are used as collateral on Aave, and users can easily switch to USDC or USDT as alternative collateral options, the purpose of the proposal is to mitigate potential risks without significantly impacting the user base.

ChainCatcher news, according to TechinAsia, the UAE-based Web3 gaming infrastructure startup Param Labs announced the completion of a strategic funding round, with participation from Animoca Brands. The specific amount of funding has not been disclosed. The new funds will be used to accelerate Param Labs' scalable Web3 infrastructure while expanding the ecosystem.

ChainCatcher news, according to official sources, Compound proposal 217 has reached the required number of votes and has been approved. This proposal will lower the collateral factor parameters for 8 assets in the Compound V2 protocol, which is expected to be executed within the next two days, specifically:Lowering the AAVE collateral factor from 43% to 38%;Lowering the BAT collateral factor from 50% to 45%;Lowering the COMP collateral factor from 30% to 25%;Lowering the LINK collateral factor from 49% to 44%;Lowering the MKR collateral factor from 43% to 38%;Lowering the SUSHI collateral factor from 37% to 32%;Lowering the YFI collateral factor from 45% to 40%;Lowering the ZRX collateral factor from 35% to 30%.

ChainCatcher news, DePIN infrastructure DePHY has completed a multi-million dollar seed round financing, with a valuation of 40 million dollars. Investors include Paramita, Foresight Ventures, Blockchain Builders Fund, IoTeX, FutureMoneyGroup, Waterdrip Capital, DefinanceX, PAKA, and Candaq Fintech Group. The funds raised will be used for the expansion and operation of the developer community and platform projects.DePHY is an integrated DePIN framework that significantly reduces the costs and timeframes associated with DePIN project development. It provides open-source hardware solutions, a decentralized messaging layer, and automated tokenomics execution for all DePIN projects. The messaging layer of DePHY utilizes Trusted Execution Environments (TEE) and Zero-Knowledge (ZK) attestators to ensure data verifiability and low latency, facilitating secure, verifiable, and rapid data transmission from hardware to blockchain.

ChainCatcher news, the Compound governance page shows that the proposal 214 put forward by Gauntlet has been voted through, receiving support from Polychain Capital, Wintermute Governance, and CalBlockchain.According to the proposal, it aims to adjust the risk parameters for the eighth phase of Compound V2 Deprecation, totaling adjustments to 8 token collateral factor parameters, including: cAAVE (from 48% to 43%), cBAT (from 55% to 50%), cCOMP (from 35% to 30%), cLINK (from 54% to 49%), cMKR (from 48% to 43%), cSUSHI (from 42% to 37%), cYFI (from 50% to 45%), and cZRX (from 40% to 35%).