ChainCatcher news reports that, according to official sources, the Bitcoin ecosystem AVS platform Pell Network has completed a $3.5 million strategic funding round, with participation from D11-Labs, Web3Port Labs, ArkStream Capital, Taisu Ventures, Core Ventures, GoPlus Security, Astrarizon Ventures, and MultiversX. This funding will accelerate Pell Network's expansion and build a comprehensive full-chain infrastructure for AI-driven decentralized finance (DeFAI).According to the Web3 asset data platform RootData, [Pell Network](https://www.rootdata.com/zh/Projects/detail/Pell Network?k=MTI3Mzg= "Bitcoin ecosystem AVS service") aims to create a decentralized token economy security leasing platform for the Bitcoin ecosystem. By building a network that aggregates native BTC Stake and LSD re-staking services, it allows stakeholders to choose to validate new software modules built on the Pell Network ecosystem. Stakers can choose to join by granting Pell Network's smart contracts the ability to impose additional reduction conditions on their staked assets, thereby allowing for the expansion of cryptocurrency economic security.

ChainCatcher message, EigenLayer announced on platform X that the Slashing testnet is officially live. The proposed protocol upgrade (ELIP-002) introduces slashing, which is a key tool for executing the economic commitments of AVS.

ChainCatcher news, according to Cointelegraph, ConsenSys' Ethereum validation node provider Infura has announced significant progress in its decentralized infrastructure network (DIN) and plans to launch as an Active Validation Service (AVS) on the Ethereum restaking platform EigenLayer.Infura DIN product lead Tom Hay announced at the Devcon 2024 conference: "By leveraging Ethereum's economic security through EigenLayer, we continue to build a permissionless Web3 infrastructure service marketplace on the steady progress of DIN." Launching DIN as an AVS through EigenLayer offers multiple advantages, including reduced development costs, increased accessibility and reliability of Web3 services, fostering a collaborative environment among providers, and simplifying the process of launching new services across Web3 gateways.The main goal of this deployment is to create a more accessible, reliable, and efficient decentralized infrastructure to support Web3 development while leveraging Ethereum's economic security. It also utilizes EigenLayer's restaking as an entry mechanism, providing staking and slashing protection without requiring projects to prematurely launch tokens.

ChainCatcher news, during the Devcon in Bangkok, the AVS Day event co-hosted by Consensys, EigenLayer, and AltLayer successfully concluded. The Hemera team received high recognition in the industry for its innovative technology, achieving first place.Hemera co-founder and Chief Growth Officer Sammi showcased the team's first comprehensive data integrity verification solution—History Transparency AVS. This solution utilizes a shared security mechanism and Account-Centric Indexing technology to provide a reliable and verifiable data processing (ETL) layer for AI, machine learning, and other data-intensive applications, ensuring end-to-end data integrity. This innovation not only enhances the reliability of data verification but also brings unprecedented transparency and trust to blockchain applications.Hemera AVS is set to officially launch soon, and will provide a programmable and verifiable data layer for the blockchain ecosystem, offering solid support for developers to create higher quality decentralized applications.

ChainCatcher news, the decentralized AI project Gaia announced a strategic partnership with EigenLayer to integrate EigenLayer's AVS verification to enhance the security of artificial intelligence.The core of this collaboration is to integrate Gaia's AI agents with EigenLayer's AVS verification, where EigenLayer will monitor and verify the activities of Gaia nodes.Regarding this partnership, Gaia stated: "By integrating with EigenLayer, we will ensure that our AI solutions remain customizable and accessible to everyone, extending into the decentralized staking space, thereby achieving safer and more scalable AI-driven applications."

ChainCatcher news reports that the Bitcoin ecosystem AVS platform Pell Network has announced the completion of a $3 million Pre-Seed funding round. This round was co-led by Halo Capital, Mirana Ventures, and Paper Ventures, with participation from ArkStream Capital, Caliber Venture Builder, Cogitent Ventures, and Contribution Capital.It is reported that Pell Network is a fully-chain, composable, adaptive decentralized verification service network based on re-staking technology. With the completion of the funding, Pell Network's testnet has officially launched.According to RootData, Pell Network aims to create a decentralized token economy security leasing platform for the Bitcoin ecosystem. By building a network that aggregates native BTC stake and LSD re-staking services, it allows stake holders to choose verification for new software modules built on the Pell Network ecosystem.

ChainCatcher news, according to official information, the re-staking protocol Puffer Finance has announced the launch of UniFi AVS, a product dedicated to unlocking the full potential of based rollups to address Ethereum's fragmentation issues. Additionally, it allows Ethereum to surpass other L1s in speed without compromising decentralization.Through EigenLayer, UniFi AVS introduces preconfs to Ethereum, unlocking fast transaction capabilities for L1 and based rollups, as well as a new revenue source for validators. With preconfs, validators commit to including transactions in blocks before submitting them to Ethereum L1. This provides users with faster confirmations, reducing transaction confirmation times from 12 seconds to just 100 milliseconds.Moreover, UniFi AVS ensures accountability through on-chain registration and a penalty mechanism. If validators fail to adhere to their preconfirmation commitments, they will be penalized, ensuring the reliability and security of the entire system. UniFi AVS also allows validators to profit from preconfs, creating new revenue streams and operating entirely permissionlessly.

ChainCatcher news, AltLayer announced on social media that it has launched the AVS as a Service platform Wizard, which automates the deployment and management of AVS, enhancing manual deployment by 10 times. By reducing the complexity of operations and technical management, it provides a resource-efficient, stress-free, and simplified way to perform re-staking.

ChainCatcher message, Solayer announced the launch of the Restaking endogenous application validation system (endogenous AVS) standard on the Solana mainnet.Participants can stake SOL to receive sSOL, which can then be delegated to selected e-AVS to earn native staking rewards (8.12%), MEV boosts, and AVS rewards. Solayer also released the v1 development toolkit, allowing developers to interact directly with core functionalities. The project has been audited by Halborn Security and plans to introduce more features, including an in-protocol fee module and permissionless AVS management.

ChainCatcher news, according to official sources, the decentralized threshold signature computation network ARPA Network has announced its official launch of AVS on the EigenLayer mainnet. This move will further enhance the security, availability, and scalability of the ARPA network, providing users of its on-chain verifiable random number generator Randcast with a more reliable computing environment and results. As an important milestone in the development of the ARPA multi-chain ecosystem, the integration of EigenLayer will further solidify ARPA's commitment to building a fair, open, and creative foundational security for the Web3 space.It is reported that ARPA Network AVS has received commitments of support from several leading operators within the EigenLayer operator ecosystem, expected to cover a total of approximately 80,000 re-stakers with over 2 million ETH (about 7 billion USD) in re-staking delegation. In the coming two weeks, ARPA will gradually disclose its operator partners.

According to ChainCatcher news, the official announcement states that the first active validation service (AVS) network built on a re-staking protocol in the Bitcoin ecosystem, Pell Network, has surpassed a TVL of $170 million. Pell has been deployed on BNB Chain, Bitlayer, Merlin Chain, and BounceBit, with over 16,000 users participating in staking.To accelerate the closure of the entire AVS ecosystem construction loop, Pell has also partnered with the industry-leading node operation service platform Edgevana.

ChainCatcher news, EigenLayer announced that it has launched the MVP rewards on the Holesky testnet, and AVS can now start integrating the rewards feature to incentivize restaking participants and node operators.In the coming weeks, a complete rewards experience will be launched on the testnet, allowing restaking holders to claim AVS rewards and discover the estimated potential rewards of AVS. Note: On the testnet, most reward tokens have no price. The MVP introduces new features for these EigenLayer users:AVS: Test reward system functionalityNode operators: Explore earning rewards from AVSRestaking delegators: Delegate stakes and claim rewards from AVS