Ecosystem
Metis, the Ethereum Layer 2 Where Vitalik Buterin’s Mom Works, Creates ‘Metis Ecosystem Development Fund’
The fund, called the Metis Ecosystem Development Fund (Metis EDF), will allocate 4.6 million METIS tokens, which will all go to “sequencer mining, retroactive funding, deployment of new projects and other endeavors,” according to a press release shared with CoinDesk. Source link
USDC Issuer Circle Brings Native EURC Stablecoin to the Solana (SOL) Ecosystem
“Users will be able to securely hold savings in euro without the need for a traditional bank account, offering a powerful tool for those looking to safeguard against local currency volatility or devaluation risks that afflict numerous regions globally,” said Rachel Mayer, vice president of product management at Circle. Source link
Cardano’s ADA Jumps 17% as Value Locked on Cardano DeFi Ecosystem Reaches $450M
The total value locked (TVL) of all Cardano-based projects jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April. Most growth seemingly occurred over the past week, with lending protocol Indigo and on-chain exchange Minswap seeing their TVL surge by over 50% to nearly $100 million…
LayerZero Confirms Airdrop Plans, Boosting Some Ecosystem Projects
As of Friday, LayerZero has not outright mentioned how it intends to reward users for using its network. However, popular strategies include merely interacting with LayerZero-based platforms by using their services, such as borrowing, trading or lending. Source link