ChainCatcher news, according to official sources, CurveDAO has announced the launch of Savings crvUSD (scrvUSD), which is a yield version of its stablecoin, allowing users to earn "low-risk" automatic compounding on their crvUSD deposits.

ChainCatcher message, CurveDAO has launched Savings crvUSD (scrvUSD), which is developed in collaboration with Yearn Finance and utilizes Yearn's customized V3 Vaults to provide users with yield and interest on stablecoins.As an interest-bearing stablecoin, scrvUSD offers low-risk returns from a portion of the interest paid by crvUSD minters. This yield is managed on-chain by CurveDAO, which effectively acts as a decentralized on-chain central bank, providing "low-risk" returns. User funds in the scrvUSD module are not re-collateralized, and all collateral remains fully on-chain.

ChainCatcher news, DeFi protocol Veda Labs co-founder Steph Vaughan stated on the X platform that the official Veda Labs X account has been hacked. Users are advised not to click on any posted links unless otherwise notified.

ChainCatcher news, Bitcoin Ordinals EVM expansion protocol Veda announced on social media that the launch of the protocol will be indefinitely postponed due to force majeure, and Veda-core and Veda-bvm will be open-sourced.It is reported that two hours before the announcement of the postponement, Veda had declared that the protocol was about to launch, and had already formulated its tokenomics and token standards, and was indexing for its Ordinals services. Subsequently, the personal details of the project's founder were made public within the community.According to official information, its official social media account was established in October this year, with the first content published in early November. Veda aims to address the lack of Layer 1 smart contracts in Bitcoin without changing the core consensus of Bitcoin, introducing an off-chain index to verify Veda data on Ordinals and providing state queries for contracts.