Weekly Project Updates: World Liberty Financial Approves WLFI Token Trading Proposal, Pudgy Penguins Partners with Chinese Toy Firm Suplay, Aave TVL Hits $50 Billion, etc

Jul 19, 2025

1. World Liberty Financial Community Approves WLFI Token Trading Proposal link

World Liberty Financial released a proposal on July 9, suggesting to open the trading of WLFI tokens. The voting started on July 10 and ended on July 17, and it was finally passed with a 99.94% approval rate. The proposal aims to promote WLFI’s transition from a closed ecosystem to an open one, allowing tokens to be traded through peer-to-peer and secondary markets, thereby expanding the community’s participation channels in the governance process.

2. Aave TVL Hits $50 Billion for First Time link

Aave’s TVL exceeded $50 billion for the first time in history, with a 13.93% increase in the past seven days, further consolidating its position as the DeFi protocol with the largest TVL. Currently, the total TVL of DeFi has reached $284.39 billion, moving closer to the previous high of slightly over $300 billion.

3. Eclipse Unveils Tokenomics: 15% for Airdrops and Liquidity link

Ethereum SVM Layer2 network Eclipse announced its tokenomics. The total supply of ES tokens is 1 billion. Among them: 15% is for airdrops + liquidity; 35% is for ecosystem + development; 19% is for contributors (current and future); 31% is for early supporters/investors. Through Eclipse’s native payment mechanism, ES tokens can serve as the Gas token for the Eclipse chain.

4. Pudgy Penguins Partners with Chinese Toy Firm Suplay link

Pudgy Penguins announced a partnership with Chinese trendy toy company Suplay, with specific details of the collaboration to be revealed later. According to public information, Suplay was founded in late 2019 and is a trendy consumer goods company covering the entire industrial chain of IP and channels. It has signed cooperation agreements with IPs in various fields such as Palace Museum Culture, Sanrio, Genshin Impact, and Disney. In early 2021, Suplay received millions of US dollars in Series A financing from Jixiang Capital, and in October 2021, it obtained tens of millions of US dollars in Series A+ financing led by miHoYo.

Previously, former Binance community leader Alex announced that he has officially joined Coinbase as the head of Crypto Twitter (CT) communication. In the future, he will be committed to promoting more direct, transparent and interactive communication between Coinbase on social platforms to improve external perception and strengthen connections with the community. Meanwhile, Coinbase has changed its Twitter avatar to the Pengu NFT.

5. Kaito AI to Launch Capital Launchpad link

Kaito AI tweeted, “Capital Launchpad loading…”. 0xWenMoon, an official from Kaito, stated that Capital Launchpad is not a Meme token issuance platform, but similar to Echo, an on-chain crypto angel investment platform, and may support investors in participating in early high-potential crypto projects. Since Capital Launchpad is currently in the pre-release stage, specific details are not yet clear. The community speculates that Capital Launchpad will allow KAITO stakers and top Yappers to participate in private token sales of new projects.

6. Sonic Labs Plans AI Platform Spark for One-Click Web3 Deployment link

Sonic Labs announced plans to launch the AI development platform Spark, which allows users to build and deploy Web3 applications through natural language without programming knowledge. Users will be able to complete the smart contract, front-end and deployment processes in one go in the browser. Spark is based on the Google Gemini large model, with a built-in risk scoring mechanism and self-debugging agent, which can optimize code in real time and prompt potential security risks before going online. It also has context-aware UI, development teaching and full-stack generation capabilities.

7. Ondo Finance Acquires Strangelove Labs to Accelerate RWA Platform link

Ondo Finance announced that it has acquired blockchain infrastructure development team Strangelove Labs to accelerate the development of its full-stack RWA platform. Strangelove has participated in the construction of key technologies such as multi-chain interoperability protocols, SDK frameworks and custom chain deployment, and its former CEO Jack Zampolin will join Ondo as Vice President of Product.

8. Polkadot’s Gavin Wood Calls to End Staking Security Spending link

Polkadot founder Gavin Wood called for an end to the annual staking security expenditure of up to $500 million under the NPoS model at the recently held Web3 Summit, arguing that this structure causes capital outflows and incentive mismatches. He proposed short-term reforms including a significant reduction in incentives, setting legal tender remuneration for validators, and governance allocation from intermediate funds pools, among others. In addition, Gavin suggested launching a Polkadot-native stablecoin and shifting the treasury expenditure structure to settle in this stablecoin.

9. Third-Party Layer1 Tac Announces Mainnet Launch link

Third-party Layer1 blockchain network Tac announced the launch of its mainnet, aiming to seamlessly connect EVM DApps to the TON and Telegram ecosystems. The network allows Telegram users to directly use DeFi protocols such as Curve, Morpho, and Euler within the messaging app, while providing developers with a deployment method that does not require rewriting code. Tac has completed a total of $11.5 million in financing, with the latest round led by Hack VC.

10. PumpFun Launches Creator Fees Redirection Mechanism, Supporting Community Takeover of Abandoned Projects link

PumpFun has launched a Creator Fees redirection mechanism, allowing eligible Community Takeover Operators (CTOs) to apply to redirect the project’s creator fee address to the core contributors’ wallets. It applies to projects still on Bonding Curve or migrated to PumpSwap, while projects migrated to Raydium are not eligible.

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