unshETH has partnered with @Unlockfi to boost liquidity for unshETH on @mavprotocol with the launch of V2. Please check out the Maverick checker for potential Season 1 ecosystem award for qualifying users!
V2 is here!
As part of the launch Unlock has aligned with @swellnetworkio, @unsheth_xyz and more to provide the infra for liquid staking their veMAV.
unkMAV liquidity, more external protocol alignment and vault products to follow! 👀
This SF to Austin flight is clearly the crypto nerd bird since @EIP_Alta1r walked on wearing a @praxisnation dog tag and the dude in front of me sports an @Aptos bag.
Today, LayerZero introduces the Protocol RFP, marking the first step toward finalizing the TGE allocation.
Developers are the lifeblood of LayerZero – this RFP allows each project to establish its own allocation criteria relative to its overall token allocation.
Additionally, we’re asking each team to provide a developer’s address so that the development team can receive a 10% allocation directly to the developers.
The eligibility criteria, guidelines, and submission process are listed in the following forum:
https://t.co/oYnhWh330E
Note: The Protocol RFP is just one aspect of TGE. More information about token distribution, including a separate user allocation and future protocol allocations will be provided soon.
Huge.
If only there was a native Arbitrum DEX that supports the liquidity for the majority of all the ecosystem tokens.
If only there was a native DEX that would benefit from massive influx of retail volume, whilst capturing this value and giving it back to holders.
$GRAIL.
Further details of the exploit:
All of the drained funds were front run by @ coffeebabe_eth (not real twitter, not on socials) and are now safe in the Blueberry multisig, less the validator payment.
The team is in contact with security and comms professionals and will attempt to contact the validator to return the remaining 91 ETH.
The protocol has been paused until further notices. Further detail and a full post mortem will be posted as soon as available.
Total Drained from various lending markets:
457.684573171942049193 (TX Profit)
1 (Leftover value as bWETH)
Costs / Fees:
0.093022519261676367 (Gas Fees)
91.038300317166143134 (Validator Payment)
Total Returned to multisig: 366.6462729 ETH
https://t.co/VnD2m8MSsT
Affected markets: BTC, OHM, USDC
All other markets remained unaffected during the exploit, and are safe still as all contracts are paused
Prize🏅: Earnings from a pool of 5000 $ARB raffled in tiers.
The top tier could win $500-1000 worth of ARB and there may be some special bonus based on social engagement 😀.
Prizes will be distributed at quest completion!
All you have to do is complete the "beginner level" quest with @layer3xyz with the following actions:
☑️ Follow unshETH and its partners on Twitter
☑️ Like / qrt this announcement post + tag @unsheth_xyz and $USH
☑️ Swap 0.001 unshETH and 100 $USH on Arbitrum (to avoid bots)
Attention unshETHians - here's your chance to learn about unshETH and our lending protocol partners ( @ZeroLiquid_xyz@Unstable_money@TimeswapLabs)!
Complete a few simple tasks with @layer3xyz and earn from a pot of ~$10k in ARB rewards!
https://t.co/Pn2npQomTu
1/ We are excited to announce Succinct Processor 1 (SP1), our first generation, 100% open-source zkVM that proves arbitrary Rust programs.
SP1 targets an order of magnitude performance improvement vs. existing zkVMs, and is already up to 28x faster for certain programs.