Uniswap initiates v4 protocol fee activation temperature check, introducing a tiered fee controller system.
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Polymarket launches Bitcoin Lightning Network instant deposits and integrates the Spark protocol.
BlockBeats reported on July 8th that prediction market platform Polymarket announced support for instant, self-custodied deposits via the Bitcoin Lightning Network, powered by the Spark protocol. Compared to the previous on-chain deposit method, which required 3 to 6 block confirmations and took approximately 10 to 60 minutes, the new solution achieves near-instantaneous deposits, lowering the deposit threshold and transaction costs. According to reports, Spark performs checks for double-spending risk, fees, and Replace-by-Fee (RBF) during transaction broadcasting, achieving "zero-confirmation" deposits. It also supports on-chain, Lightning Network, and stablecoin payment channels, eliminating the need for the platform to operate its own Lightning Network nodes. Polymarket stated that this move will further improve the efficiency of Bitcoin users' fund utilization and enhance its competitiveness against rival Kalshi.
Uniswap has proposed extending the UNIFication burn program to v4 liquidity pools.
PANews reported on July 8th that, according to Cryptopolitan, Uniswap Labs has proposed extending the UNIfication burn program to Uniswap v4 liquidity pools, requesting UNI holders' approval to charge protocol fees on some v4 pools and use a portion of the revenue to buy back and burn UNI tokens. A snapshot vote will be held from July 7th to 12th, lasting five days. The UNIfication program currently runs on 11 chains, increasing token value by distributing protocol revenue to stakers and burning tokens. If the v4 extension proposal passes, it will further strengthen the deflationary mechanism of the UNI token and may attract more liquidity to the v4 version. The community response has been generally positive, but some smaller liquidity providers are concerned that increased protocol fees may affect their yields.
USDT will return to the Bitcoin network; UTEXO will natively issue a Bitcoin version of USDT via the RGB protocol.
According to Mars Finance, on July 7th, Tether is preparing to natively issue USDT on the Bitcoin network based on the RGB v0.11.1 protocol, with UTEXO responsible for commercial issuance and distribution. This will mark USDT's return to the Bitcoin mainnet after many years, since its initial appearance on the Bitcoin network in 2014 via the Omni protocol. UTEXO co-founder Viktor Ihnatiuk stated that the company has received support from Tether, which is responsible for promoting the native Bitcoin USDT rollout. The RGB protocol employs client-side validation combined with the Lightning Network, enabling instant, low-cost, and privacy-focused USDT transactions while inheriting the Bitcoin UTXO security model. Users will be able to hold USDT directly through their native Bitcoin addresses and send and receive payments using Lightning Network wallets that support RGB, without relying on other public chains or intermediary service providers. Compared to the current account-based networks like TRON and Ethereum, where USDT is primarily circulated, RGB naturally supports one-time addresses using the UTXO model and combines this with off-chain payments via the Lightning Network, effectively enhancing transaction privacy. Meanwhile, UTEXO is deeply integrated with Tether, reducing intermediary fees and data collection. Users can also convert USDT between different public chains at low cost through its online cross-chain bridge.
A total of 41.8% of the circulating supply was destroyed; weekly agreement fees reached $7.2 million.
Odaily Odaily reports that Sapijiju posted on the X platform, announcing the release of the first official weekly report. From June 29th to July 5th, the total fees for the Bonding Curve, PumpSwap, and Terminal protocols amounted to $7.2 million, with 50% of the net fees used for PUMP buybacks and burns. In the past seven days, approximately $3.7 million worth of PUMP has been bought back and burned, bringing the cumulative burned supply to 41.8%. Bonding Curve's weekly trading volume reached $553 million, and PumpSwap's reached $1.65 billion. The previously launched Tokenized Agent launch option has been removed based on community feedback. Pump App's new Swap service has been launched, reducing transaction speed from 1-2 seconds to 300-400 milliseconds. After the launch of the low KYC deposit channel, the platform's daily deposit trading volume has increased by approximately 21%. Terminal launched an offline token tagging function, reduced the JS package size by 35%, and added active viewers, wallet filtering, and OG filtering to its search function. Since the launch of GO, related posts have received over 18 million views, and approximately 3,000 bounty tasks have been created, receiving 18,000 submissions and paying out over $600,000 in rewards.
Michael Saylor: The biggest evolution for Bitcoin over the next decade will be stability at the protocol layer and expansion at the capital markets and application layers.
According to BlockBeats, on July 5th, Michael Saylor published an article stating that the biggest evolution of Bitcoin over the next decade will come from fewer changes at the protocol layer and a greater role in other areas. He believes that the Bitcoin base layer will become more robust, capital markets will continue to deepen, applications will expand, institutions will enter, and the world will be built on top of Bitcoin. Bitcoin is not a tech stock, a payment company, or a software platform racing to add features; it is a monetary network whose purpose is not to act quickly and break things, but to move slowly and without disruption. Saylor stated that Bitcoin has won its first major battle, and the world is increasingly understanding that Bitcoin is digital capital with attributes such as scarcity, durability, portability, divisibility, programmability, and global transferability. The strongest version of Bitcoin is not to "replace all payment tracks," but to become a neutral, global, scarce asset around which capital, credit, and commerce are organized. The base layer is not optimized for coffee payments, but designed for final settlement, reserve assets, collateral settlement, and final transfer of ownership. He believes that the four-year Bitcoin cycle is still important, but no longer the dominant model. Over the next decade, Bitcoin's price movements will be driven less by miner issuance and more by capital flows from ETFs, corporate treasuries, sovereign reserves, bank credit, derivatives, insurance, collateral, and global savings. Halvings will tighten supply, while capital flows will determine the growth trajectory. Digital lending will accelerate Bitcoin adoption, connecting Bitcoin capital to the broader financial system. Saylor states that the main issue for the next decade is not whether Bitcoin will survive, but whether economic exposure will remain linked to real Bitcoin or create too much "paper Bitcoin." Custody transparency, proof-of-reserve, risk management, capital structure, and counterparty risk will all become crucial. He predicts that by 2036, Bitcoin will be more widely held, more deeply institutionalized, more politically significant, and a major collateral asset in the digital lending market; while the underlying protocol itself may change less than anything else built around it.
Michael Saylor: Strong consensus is Bitcoin's immune system; protocol changes require overwhelming consensus.
According to Mars Finance, Michael Saylor stated in an article on the X platform that strong consensus is Bitcoin's immune system. Transaction fees price block space, nodes set policies, miners build blocks, and holders allocate capital. Protocol changes must achieve overwhelming consensus, therefore bad ideas will fail before becoming disruptive or harmful protocol changes.