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opBNB: Enhancing Binance Smart Chain with Optimistic Rollups opBNB is a state-of-the-art Layer 2 scaling solution crafted to improve the Binance Smart Chain (BSC) by utilizing Optimistic Rollups. This technology aims to address scalability and cost-efficiency issues, enabling BSC to handle a higher transaction volume and lower gas fees.   Optimistic Rollups, the core of opBNB, function by processing transactions off-chain while submitting minimal data to the main chain. This approach significantly reduces the computational burden on BSC, allowing it to achieve higher transactions per second (TPS) and more affordable transaction costs. Transactions are optimistically considered valid and are only verified on-chain if a challenge arises, maintaining security and trust.   One of the standout Features of opBNB is its ability to handle a vast number of transactions with enhanced efficiency. This capability is especially critical for decentralized applications (dApps) that require ...

AutoLayer partners with Renzo Protocol on Arbitrum. This integration marks a pivotal advancement in AutoLayer’s quest to offer users improved opportunities for liquid restaking and yield generation. Renzo presents an opportunity to engage with their Restaked Ethereum (ezETH) through the AutoLayer interface, enabling seamless restaking via the provided link . This initiative allows participants to accrue staking rewards, EigenLayer points, Renzo’s ezPoints, and AutoLayer points concurrently. Below is a brief overview outlining the scope of this integration: APY Calculation AutoLayer will generate Annual Percentage Yield (APY) by analyzing historical data, specifically utilizing daily data from Renzo to compute an accurate and transparent APY figure. Points Retrieval AutoLayer utilizes Renzo’s API to fetch protocol points, enabling users to track their ezPoints earned from investing in Renzo’s LRT. Proxy servers are deployed to safeguard AutoLayer’s IP from...

BSCStation Partnership with Solak GPT, a decentralized ecosystem that offers a lightning speed web3 Browser/Extension with integrated DeFi ecosystem (Liquid Staking, Swap, Dex, NFT Marketplace, Lend, & Borrow).   BSCStation foster a culture that values and embraces everyday internet users, traders, and crypto/NFT/DeFi enthusiasts. In their ecosystem, users can utilize the ecosystem web3 browser to spend time online while earning rewards. As BSCStation announced their Partnership with Solak GPT. SolakGPT  Offers one-time fee Yearly Subscription where users can access unlimited trades on DeFi Ecosystem and even earn while browsing the internet. Plus, our Solak Liquid Staking lets you stake and withdraw from a liquid pool. The SolakGPT is built to offer: Smart AI Tools for Defi Browse to Earn Text to NFT Mint Liquid Staking About the Partnership IDO support :  Solak GPT  will conduct  Initial DEX Offering (IDO)  on  BSCStation Launchpad. Community expansion : Both parties can expand r...

BENQI — a leading algorithmic money market protocol on Avalanche — has integrated Chainlink Proof of Reserve and Automation to help secure cross-chain asset lending and borrowing for BTC, ETH, DAI, USDC, and USDT. The combination of these two proven Chainlink oracle services enables BENQI to employ a defense-in-depth approach to cross-chain asset security. Dan Mgbor, Co-Founder of BENQI said that Cross-chain assets add value to the protocol by giving users a wider range of digital assets to transact with on BENQI, but they also come with unique risk and market profiles. The combination of Chainlink Proof of Reserve and Automation helps give BENQI the ability to monitor cross-chain reserves in near real-time and build in automatic protections in case of unexpected events. This elevated bar of security underpinned by Chainlink oracle services inspires user confidence in BENQI and gives everyone more peace of mind. About Chainlink Chainlink is the industry-standard Web3 services platf...

Quasar Finance raises $5.4M to advance interchain DeFi, announces public testnet launch date and new website. Quasar has successfully raised $5,432,100 USD (countdown intended) for our bridge round, with a $70 million USD valuation.  This bridge round was led by Shima Capital. Alongside returning investors Polychain Capital, Blockchain Capital, HASH CIB, and Osmosis founder Sunny Aggarwal. New investment also comes from Anagram and major players in the Cosmos ecosystem such as Cosmostation, Keplr, and Everstake. “Quasar is an irreplaceable cornerstone of Cosmos and is a critical unlock for DeFi across IBC protocols. Quasar not only solves for the ecosystem’s fragmented capital shortcomings but also provides cutting-edge, secure financial mechanisms for a diverse user base. Valeyo and his team fundamentally redefines on-chain asset management and establishes Quasar as a strong precedent for the next generation of DeFi applications.”— Alex Lin, Shima Capital $11.5 milli...