ChainCatcher news, according to The Block, the Aave community has approved a proposal to significantly increase the risk parameters on the Polygon PoS chain, effectively halting lending services on that chain. Currently, Aave is the DeFi protocol with the highest TVL on Polygon, with deposits exceeding $300 million.This move stems from a proposal made by Polygon last December to utilize over $1 billion in stablecoin reserves for yield generation, raising concerns within the Aave community. Aave founder Marc Zeller proposed adjusting the risk parameters for Aave v2 and v3 to prevent further deposits and stop users from borrowing against collateral. Ultimately, the Aave DAO passed the proposal with 692,000 votes in favor and 117,000 votes against, reducing the loan-to-value (LTV) ratio for USDT and USDC on the Polygon PoS chain to 0%.Polygon Labs CEO Marc Boiron has stated that ideally Aave should maintain its partnership with Polygon, but the final decision depends on the attitude of the Aave community. Aave founder Stani Kulechov emphasized that this move is aimed at reducing the risk of bridging assets and protecting user funds.

ChainCatcher news, according to The Block, Lido announced on Monday that it will stop Polygon staking services and informed users that they can withdraw funds before June 16, 2025. The announcement also stated that after June 16, 2025, users will withdraw through a browser tool.The announcement indicated that multiple factors prompted Lido to reassess and ultimately exit the staking service on the Polygon PoS chain, including limited user adoption, insufficient rewards, resource-intensive maintenance requirements, and changes in ecosystem dynamics.

ChainCatcher message, the Aave community received a proposal from Aave Chan, suggesting to withdraw its lending services from the PoS chain of Polygon. This move is a response to Polygon's proposal to use cross-chain stablecoins for yield generation.

ChainCatcher news, according to The Block, the staking yield on the Ethereum network is currently 3%, slightly lower than July's 3.5%. Analysts indicate that Ethereum's staking yield is now below that of other major Layer 1 protocols, which have yields generally ranging from 7% to 21%.

ChainCatcher news, Polygon plans to merge its PoS sidechain with Layer2 zkEVM as part of its Polygon 2.0 major update. Polygon stated in the announcement that in Polygon 2.0, users on both chains will be able to interact and transact seamlessly and securely, without needing to revert back to Ethereum. (source link)

ChainCatcher news, Polygon stated that the Polygon PoS chain has completed the Parallel EVM upgrade, which is inspired by the Block-STM engine developed by Aptos Labs, deploying a parallel engine for the Polygon PoS chain's EVM in Go language.It is reported that the upgraded Polygon PoS chain can handle multiple transactions simultaneously, which can improve its throughput and expand transaction processing speed. (source link)

According to Chain Catcher news and Etherscan data, after Ethereum officially transitioned to the PoS consensus mechanism, the first transaction was created at 14:42:59, with a gas fee of 36.8 ETH, worth $59,000. (Source link)

Chain Catcher News, THORChain will suspend Ethereum services 1 hour before the Ethereum merge and will only support PoS chains after the merge. THORChain stated that users do not need to take any action. (Source link)

Chain Catcher News: Ethereum scaling solution StarkWare announced that it will only support PoS chains after Ethereum completes the merge. StarkNet users who need to withdraw funds to the PoS chain do not need to take any action, but if they wish to interact with the PoW chain, they need to withdraw ETH before the merge. (Source link)

Chaincatcher news, MakerDAO tweeted that the Maker protocol will only support PoS chains after the Ethereum merge, and users do not need to take any specific actions to keep their Maker Vaults running normally. Additionally, MakerDAO reminded users to be cautious of replay attacks. (Source link)

Chain Catcher news, the Ethereum Layer 2 scaling solution Optimism stated on its social platform that the Ethereum merge will not affect the Optimism network, and the network will not be paused; deposits and withdrawals can proceed as usual. Once the merge is triggered, the operation of Optimism will fully transition to the Ethereum PoS chain, and assets on Optimism will only be withdrawable to the PoS chain. (Source link)