Ethereum
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
Early Ethereum Backers Cyber.Fund to Invest $100M in ‘Cybernetic Economy’ Including Blockchain, AI
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Blocknative Releases New Ethereum Mempool Explorer, to Help With MEV Protection
Blocknative, a blockchain infrastructure company that cut staff in October after suspending work on a major business project, is releasing a new tool to examine the “mempool” of pending transactions awaiting processing on Ethereum, an effort that could ultimately help to reduce instances of block-level manipulation and protect users from front-running bots. Source link
Galaxy-Backed Gyroscope’s Decentralized Stablecoin GYD Goes Live on Ethereum (ETH) Mainnet
Backing assets are stablecoins deployed in certain strategies such as yield-generating sDAI and USDC in Flux, and also support automated market-making (AMM) strategies like LUSD and crvUSD. As the stablecoin scales, the reserve has been designed to a large variety of strategies and assets, the Gyroscope team explained. Source link