EtherFi proposes deploying a dedicated Aave V4 instance on the OP Mainnet to support EtherFi Cash.
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Aave V3 is now available on Monad, with initial market support for 12 assets including USDT0.
According to Foresight News , Aave has deployed its V3 lending protocol on Monad, initially supporting 12 assets: USDT0, USDC, Aave stablecoins GHO, USDe, mUSD, AUSD, WETH, cbBTC, wstETH, weETH, syrupUSDC, and sUSDe. In this deployment, Aave is enabling Chainlink's Smart Value Recovery (SVR) mechanism from the outset, returning a portion of the MEV value generated during liquidation to the protocol. According to Aave governance documents, the Monad Foundation will invest $15 million as incentive funds in the first 12 months after the project's launch and has agreed to purchase 10 million GHO tokens and hold them for at least six months; Aave DAO has also committed to investing 500,000 GHO tokens as incentives to support applications on Monad.
The Sui mainnet has been upgraded to support zero-gas transaction simulation and has optimized network stability.
Odaily Odaily reports that Sui has announced mainnet upgrade to version V1.74.1, with the protocol simultaneously upgraded to version 128. Key upgrades include: support for zero-gas stablecoin transfer simulations, facilitating application testing for developers; the mainnet officially adopting a timestamp-based Epoch ending mechanism, further optimizing network efficiency; the addition of Move code static analysis functionality to help developers improve code quality; and optimizations to the validator node connection mechanism and node restart stability, reducing abnormal crashes. Furthermore, this upgrade improves range proof verification, cryptographic performance, and Binary Pools-related protocol mechanisms, providing support for future feature expansions.
Kalas: Proposes sanctions against entities supporting Russia's military industry
According to Mars Finance, citing Jinshi News, EU High Representative for Foreign Affairs and Security Policy Karas said today that she will propose sanctions against more entities supporting Russia's military industry in response to Russia's attacks on Ukraine.
Circle launches Arc mainnet with USDC as native gas token
Circle’s Arc mainnet is live with USDC for transaction fees, support for more than 20 fiat stablecoins and links to over 20 blockchains.
Guangdong: Support Guangzhou, Shenzhen, Foshan, Dongguan and other cities to take the lead in building high-value-added intelligent computing centers.
According to Mars Finance, 11 departments, including the Guangdong Provincial Government Service and Data Management Bureau, recently issued the "Guangdong Provincial Action Plan for Promoting the Digital Transformation of Cities and Building Smart Cities," which mentions optimizing the layout of urban computing networks. Addressing the development needs of megacities and urban clusters, the plan calls for a comprehensive planning of urban computing center systems, constructing a cloud-edge-device collaborative computing network. It also emphasizes accelerating the construction of an all-optical network foundation for cities, creating a high-quality computing capacity network capable of "millisecond-level computation," achieving millisecond interconnection of computing centers, millisecond-level access to computing services, and millisecond-level response to computing applications. The plan supports Guangzhou, Shenzhen, Foshan, and Dongguan in taking the lead in building high-value-added intelligent computing centers, flexibly deploying edge computing nodes to meet the high-bandwidth, low-latency, and high-reliability computing power requirements of scenarios such as low-altitude economy, autonomous driving, and the industrial internet. (Cailian Press)
Aave co-founder: Aave DAO Swap revenue reaches $1 million for the first time; more features will be launched to expand revenue streams.
According to Foresight News , Aave co-founder Stani Kulechov announced that Aave DAO's swap revenue has reached $1 million for the first time since the launch of the "Aave Will Win" program. He stated that this revenue stream introduces a transactional revenue source to the Aave protocol, in addition to its existing assets under management (AUM) based fees. Aave will also launch more features in the Aave Pro product, including leverage tools, a transaction builder, and support for Aave V4, to further expand its revenue channels.