Hot Developments For MATIC Coin And O 14: The Price Has Risen!

Recently, critical developments for MATIC coin and various altcoin projects have attracted attention. Here's a rundown of the latest events...

Hot developments for MATIC coins and more

Critical move from API3: Price rises

API3 announced the OEV Network, which has a zk-Rollup feature, as a project that offers decentralized applications through blockchain technology. The team explained that the OEV Network will be used to optimize oracle extractable value. Aiming to solve liquidity losses in blockchains, API3 stated that they can optimize liquidation premiums thanks to OEV, addressing liquidity issues with a concrete example, especially through the DeFi platform Aave. The project aims to provide OEV users with a framework for solving such problems. With API3's OEV Network announcement, the project's price has increased by 50% and is currently trading at $3.05, according to data from CoinGecko.

ZeroLend announces Zero Gravity airdrop program

ZeroLend, a decentralized lending protocol built on zkSync, has announced the launch of Zero Gravity, an airdrop points platform that rewards its community with ZERO tokens. The program aims to distribute approximately 10% of the circulating supply of ZERO at launch to Zero Gravity Cosmonauts, who are early adopters and supporters of the protocol.

LayerZero announces V2 update

LayerZero, the protocol that connects multiple blockchains and enables cross-chain collaboration, has launched its second version (V2) on the Mainnet. The new version introduces a variety of new features and improvements that enhance the security, flexibility, and user experience of the LayerZero ecosystem.

İki Ünlü Şirketin Odağında MATIC ve Bu 4 Altcoin Var!#### Clarification about airdrop from Frame

On January 30, Ethereum L2 network Frame officially announced that it had listened to community feedback and learned that not everyone would be able to access the airdrop query page correctly. Airdrop queries have been reopened, and the launch of the mainnet will be delayed to give users more time. Mainnet and airdrop inquiry deadlines will be announced soon.

Starknet partners with Celestia

On January 30, Starknet officials posted on social media that they would be collaborating with Celestia to achieve a high-throughput Layer 3 network. Starknet said using Celestia as a modular DA to build high-throughput application chains on Starknet is a game-changing combination. This collaboration will bring Celestia Blobstream to Cairo for use on Starknet.

Modularism meets Integrity.@CelestiaOrg Blobstream is coming to @Starknet, enabling high-throughput L3s with Celestia underneath ✨

Let's dive in👇 pic.twitter.com/xWVJoLo7r8

— Starknet 🦇🔊 (@Starknet) January 29, 2024

MultiBit will work with BounceBit

BRC20 cross-chain bridge MultiBit tweeted that it will be the BRC20 + ARC20 bridge as determined by the BTC "pledge" chain BounceBit. Users can commit and lock MUBI to get BounceBit points.

🔸> BounceBit is a general-purpose, open sourced native BTC staking chain

🔸> start here:

🔸> MultiBit will be the designated BRC20 + ARC20 bridge for BounceBit, stake and lock MUBI to earn BounceBit points for its future airdrop

— MultiBit (@Multibit_Bridge) January 30, 2024

Meanwhile, BounceBit's total value locked exceeded $10 million within 10 minutes.

BounceBit's achievement of reaching a Total Value Locked (TVL) of over $10 million within just 10 minutes of its launch is a remarkable feat.

Here are the detailed distribution of tokens locked on #BounceBit⚫️⚪️

166,314 $BTCB
$0.906 WBTC
2995,095 $USDT
77231.639 #auction... pic.twitter.com/Z0IRivTIGF

— BounceBit (@bounce_bit) January 30, 2024

Banxa launches in SUI

Web3 payment gateway Banxa has launched SUI, which allows users to make purchases directly using fiat currency. SUI transactions on Banxa will reportedly enjoy fee reduction benefits in the near future, thus providing Web3 users with a seamless and privileged SUI trading experience. Additionally, Sui developers will be able to leverage Banxa to add more features and compliance measures to dApps, such as NFT selling solutions, and provide end-users with a better NFT trading experience.

Fiat on-ramps for Sui are coming thanks to @BanxaOfficial!

Banxa will be adding the SUI token to its platform and @Mysten_Labs' Sui Wallet will give users the opportunity to purchase SUI tokens through Banxa's on-ramp.

— Sui (@SuiNetwork) January 29, 2024

Changes in DYDX

Reports have reported that the dYdX Foundation has asked the DAO for $30 million in funding to be used over the next three years. If dYdX token holders (voters in the DAO) approve, the foundation will be rewarded with 4% of the DAO's current treasury. When the foundation first shared the request last Friday, it received widespread approval from dYdX stakeholders, from validators to delegates. Voting will last until February 2.

Integration between THORChain and Solana

On Jan. 30, decentralized L1 liquidity protocol THORChain officially posted on social media that users will be able to view all of THORChain's holdings at any time, and Solana (SOL) will appear soon.

Reminder:
You can review all of THORChain's assets at *any time*.

Soon Solana $SOL will be there ;) pic.twitter.com/RKdbIvUEs7

— THORChain (@THORChain) January 30, 2024

Swell relaunches rswETH

On Jan. 30, LSD protocol Swell Network announced the launch of its re-staking token rswETH (Restaked Swell Ether), which provides unlimited access to EigenLayer Rebuy points that can be used in DeFi.

$7 million investment in Forgotten Playland

On Jan. 30, Web3 social game Forgotten Playland announced the successful completion of its first funding round, raising a total of $7 million. Merit Circle, Spartan Group, C2 Ventures, Paper Ventures, etc., participated in this funding round. Forgotten Playland is scheduled for release in the first quarter of 2024 and will feature a number of mini-games. Currently, the approved games are Bump-A-Ball and Jungle Rumble, with more games in development.

Immutable X partners with Polygon (MATIC)

Web3 game developer platform Immutable has partnered with Polygon to launch the Immutable zkEVM mainnet in early access mode to select game studios and ecosystem partners, and will continue to do so in the future. It opens to the public in a few weeks. The network leverages zkRollup technology to be compatible with Ethereum applications and operate separately from the project's existing StarkEx-based Layer 2 chain.

Magic Eden launches multi-chain wallet

Magic Eden announces the official launch of its multi-chain wallet product with the following features: Instant cross-chain swap, NFT portfolio management, Ordinals, and BRC20 support

Introducing Magic Eden Wallet: the only wallet you'll need for all your multi-chain NFT needs.

💧> Instant cross-chain swaps
💧> NFT portfolio management
💧> Native Ordinals & BRC20 support
💧> End to end rare sats management

Plus we have some amazing perks for users (1/2) 👇 pic.twitter.com/BG1Eve6OP3

— Magic Eden 🪄 (@MagicEden) January 29, 2024

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