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This user unlocked $800k USDaf against 13 tBTC at a fixed 2.9% rate
Better yet? USDaf currently earns 8.5% in the AF Power Pool on Curve
another "hybrid L2" went live. currently reviewing. here's some findings:
- OP stack chain posting data to Ethereum (it's an ethereum rollup)
- no fraud proofs. malicious state can be contested by a permissioned challenger
- centralized sequencer and proposer (?)
- some BTC tokens are minted through its ethereum L1 bridge contract. Others are minted natively or via some x-chain mechanism
- they have their own BTC-backed asset called HemiBTC via a custom bitcoin <> hemi bridge. It'd be great if the signer set was published publicly
- most (all?) contracts on Ethereum can be upgraded by a 3/8 multisig
i'm assuming the PoP mining + bitcoin checkpointing is not live. not seeing any evidence of it. most likely getting added at some point.
will publish full review soon.
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Can someone ask DPRK if they get to take the rest of the year off now?
Or is it more like a pizza party situation where they get new quotas Monday morning? 🤔
Massive news as our longtime partners @3BoxLabs (Ceramic/OrbisDB/ComposeDB) and @Textileio (Tableland/Basin) are merging to build the first open agent-to-agent intelligence network. As mentioned in their AMA just now, intra-agent knowledge sharing & collaboration requires advanced access control. We're thinking complex condition logic + a genuinely decentralized cryptosystem. Excited to build on existing integrations (e.g. https://t.co/aP8QhTLTS6) and undergird the privacy/safety components of this multi-agent future.