ChainCatcher message, Usual official stated that starting today, the income conversion feature for USUALx holders has been activated. Users holding USUALx positions within this week will be eligible for the distribution of last week's collateral income.The 1:1 early unstaking feature will go live tomorrow, along with all related rules, allowing users to choose farming and unstaking strategies.In the Usual ecosystem, income redistribution operations are transparent and simple:90% of the USUAL token supply is allocated to the community.100% of the collateral income is distributed weekly to USUAL stakers, rewarded at USD0.Detailed documentation on the distribution mechanism will be released this week. A new staking mechanism will be launched soon, aimed at creating a more autonomous and elegant redistribution system. Weekly reports will also be published, allowing everyone to verify on-chain income.

ChainCatcher news, RWA stablecoin issuer Usual announced on platform X that it has realized the significant reaction from the community due to its pegged stablecoin USD0++ deviating sharply from 1 dollar, and therefore will launch a series of measures to address user concerns and stabilize the ecosystem.It is reported that the "Revenue Switch" feature is set to launch on January 13, allowing Usual Protocol to share its earnings from real-world assets and protocol operations with the community. The team expects monthly revenue of about 5 million dollars, with an annual return rate exceeding 50% under current conditions. These distributions will occur weekly to reinforce the actual value of USUAL, balance its economic model, and the revenue generated by the protocol. (The Revenue Switch feature will officially activate when more than 50% of USUAL tokens are staked as USUAL x. If the requirement is not met, it will automatically activate on February 1, 2025. Once activated, 100% of the revenue (up to 5 million dollars per month) will flow to USUALx stakers in the form of USD0.)In addition, the Usual Protocol team also stated that it will launch the "1:1 Early Unstaking" feature next week, allowing users to exchange USD0++ at a rate of 1 dollar, but requiring them to forfeit part of their accumulated rewards as a penalty.

ChainCatcher message, according to Spot On Chain monitoring, in the past 7 days, Sun Yuchen's address has redeemed 39,999 ETH (140 million USD) from Lido Finance and ether.fi, and then deposited all of it into HTX.Since November 10, as the ETH price began to rise, he has deposited 108,919 ETH (400 million USD) into HTX at an average price of 3,674 USD, usually close to local peaks.Currently, he still has 42,904 ETH (139 million USD) being unstaked from Lido, which may soon be deposited into HTX.

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, according to Lookonchain monitoring, today a certain ETH staking whale unstaked and sold 5,000 ETH, worth approximately 11.74 million USD.Since March 12, this whale has withdrawn 17,135 ETH (39.75 million USD) from staking and deposited 16,750 ETH (5.366 million USD) to Kraken.

ChainCatcher news, according to Lookonchain monitoring, a certain whale has deposited 200,000 SOL into Binance after unstaking it over the past 3 days.Previously, the whale sold 1.2 million SOL ($178 million) between June 7 and July 7, causing the price of SOL to plummet from $170 to $128.

ChainCatcher message, according to on-chain analyst @ai_9694xtpa's monitoring, Wintermute received 19,000 ETH, worth approximately 49.4 million dollars, from Lido unstaking in the past half hour. It is currently being deposited in batches into Coinbase, with 8,999 ETH deposited so far, and more is expected to continue.

ChainCatcher news, Solana ecosystem DEX Jupiter announced on social media that, prior to the vote on May 22, product updates were made based on user feedback. Users can now partially un-stake JUP tokens and vote while keeping a portion of their staked tokens.Additionally, to give users more time to understand the proposal content, a timer has been added to the voting page, requiring a few minutes of waiting after opening the proposal before voting can take place. These changes aim to enhance community voting participation and user experience.

ChainCatcher news, the liquidity re-staking platform Eigenpie has launched the un-staking feature. After un-staking, users will not lose the accumulated EigenLayer points and Eigenpie points, but submitting an un-staking request will no longer earn related points.

ChainCatcher news, Bitmap Tech, the parent company of the Bitcoin Layer2 scaling solution Merlin Chain, announced on platform X that Merlin Chain has opened the option to unstake BTC. 1. If users have not previously claimed M-BTC, they can directly cross back BTC to Layer 1. After paying the gas fee, BTC will arrive at the Layer 1 BTC wallet in 3 days, or they can cross back BTC to their Layer 2 wallet without paying gas, which will take about 24 hours to reach the Layer 2 wallet address. If users have previously claimed M-BTC, they can now swap M-BTC for BTC at a 1:1 ratio, and then continue trading or use a cross-chain bridge to return to Layer 1. Users need to have sufficient gas in their wallets to complete this operation. Please note that the Merlin AA wallet is currently very congested, so please perform the swap during non-peak hours.In addition, some dApps require M-BTC to participate, and temporarily BTC cannot be swapped back to M-BTC, so users may consider keeping M-BTC for a while. The 1:1 swap of M-BTC to BTC will exist long-term. Once the majority of the BTC unstaking is processed, Merlin Chain will subsequently open the unstaking for BRC-20. Then, the unstaking for NFTs will follow. If users wish to quickly sell NFTs, they can trade on NFT markets like Unicross, where the trading volume has exceeded $50,000 in the past 12 hours. Merlin stated: "The unstaking of Merlin assets is proceeding effectively and safely. Please be patient and pay attention to the gas on Layer 1/2 chains."

ChainCatcher news, according to Lookonchain monitoring, 2 hours ago, a giant whale unstaked 120,700 SOL (approximately 10.6 million USD) and deposited it into Kraken.

ChainCatcher message, Lookonchain monitoring shows that 2 hours ago, FTX associated address unstaked 1.5 million SOL (90 million USD) and transferred it to a new address, which had previously transferred 4.13 million SOL (approximately 248 million USD) to Coinbase.

ChainCatcher news, according to Spot On Chain monitoring, an address belonging to a certain whale unstaked 20 trillion BABYDOGE 1 hour ago and is gradually selling it for BNB.The address has currently exchanged 540 trillion BABYDOGE for 329 BNB (approximately $70,200) and still holds about 1982 trillion BABYDOGE (approximately $2.58 million). (Source link)

ChainCatcher news, according to Whale Alert monitoring, at 19:15 today, 79,564,483 MATIC (approximately 65.88 million USD) was transferred from the Polygon (Matic): PoS Staking Contract to an address starting with 0xffd22b. Subsequently, this address starting with 0xffd22b transferred 115,270,000 MATIC (approximately 95.45 million USD) to a Binance US address. This address unstaked 35,705,517 MATIC from the Polygon (Matic): PoS Staking Contract on May 29. (Source link)

ChainCatcher news, according to Whale Alert monitoring, a whale address starting with 0x5e3e transferred 60 million MATIC (approximately 59.47 million USD) to Binance after unstaking 60 million MATIC 10 minutes ago. (Source link)

ChainCatcher news, the Web3 infrastructure platform Ankr has released a blog stating that it has provided an Ethereum unstaking feature, making it the first service provider to offer this capability. The unstaking feature is a groundbreaking development in the DeFi industry, allowing users to have better control over their assets and providing a new way to participate in the DeFi ecosystem.In addition, Ankr's Ethereum liquid staking token ankrETH can be traded on various decentralized exchanges and can also be unstaked directly on the Ankr staking network. (Source link)

ChainCatcher message: According to data from blockchain analytics firm Nansen, after the Shanghai upgrade, Ethereum validators who request withdrawals will have to wait more than 17 days to retrieve their staked ETH.Last week, unstaking took about 14 days, but as more and more exit requests from validators on the blockchain pour in, the exit waiting time has been extended. (CoinDesk)

ChainCatcher news, Nansen data shows that after the upgrade in Shanghai introduced the ETH withdrawal feature, the cryptocurrency exchange Kraken has requested to withdraw over 556,000 ETH (worth $1 billion), accounting for 63.5% of the 860,000 ETH currently queued for withdrawal.Kraken previously announced that, due to regulatory reasons, it would automatically begin to unstake all Ether for its U.S. customers. This followed the U.S. Securities and Exchange Commission (SEC) accusing Kraken of failing to register its staking program in the U.S., and Kraken agreed to pay a $30 million fine. (source link)