DeFi
Demystifying blockchain oracles: Part 3
MakerDAO’s Niklas Kunkel and Tellor’s Michael Zemrose address oracle scalability issues and discuss the next phase of development.
Ana Grabundzija 5 min read
Layer-2 News
Track Layer 2 news across Bitcoin and Ethereum scaling, rollups, appchains, and the infrastructure expanding blockchain throughput.
Coverage footprint 0.8%
News sentiment 26 /100
Top Layer-2 Stories
Adoption
Bitcoin Lightning payment volume increased 400% in a year, here’s why
A recent research report shows that the number of payments over Bitcoin’s Lightning network has roughly doubled over the last year, at the same time as the value of the payments in U.S. dollar terms has increased by more than 400%.
Payments
BitPay integrates Lightning Network to enable low-cost Bitcoin transactions
The crypto payments processor now allows its customers to use “a low-cost alternative when paying with Bitcoin at BitPay-enabled merchants.”
Latest Layer-2 News & Analysis
Layer-2
Ethereum layer-2 Boba Network integrates The Graph
Ethereum scaling solution Boba Network announced an integration with the Graph’s “Google of Web3” hosted service. The goal is to expand the data access on Boba’s optimistic roll-up scaling solution.
DeFi
Polkadot, Kusama to launch Wormhole bridge to Ethereum, Solana
Acala and Karura protocols are set to launch integration with Wormhole to bridge between the Polkadot and Kusama ecosystems and eight different layer-1 systems, including Ethereum, Solana, and Binance Smart Chain.
Layer-2
Layer-2 money market zkLend raises $5 million in seed round
zkLend, a money market protocol building on Ethereum layer-2 scaling solution StarkNet, has raised $5 million in funding in a seed-round led by Delphi Digital, StarkWare and Three Arrows Capital.
Derivatives
Synthetix to launch perpetual futures on Ethereum scaling solution Optimism
Later this week, the synthetic assets protocol Synthetix will launch its service on Optimism, the optimistic roll-up scaling solution on Ethereum. The launch will imply an upgrade to the protocol, and trading will initially be limited.
Stablecoins
How this stablecoin has high yield strategies built into its design mechanism
Sperax addresses the knowledge and skill barrier present in decentralized finance today. Through their novel auto-yield stablecoin, every holder of $USDs can benefit from passive income without technical or financial expertise.
