Weekly Project Updates: Optimism's Fifth Season Airdrop Announced, Uniswap Set to Launch Unichain, Linea Proposes Decentralization Roadmap, etc

Oct 12, 2024

1. Optimism Opens Claims for Fifth Season Airdrop, Distributing Over 10 Million OP link

Ethereum Layer 2 network Optimism has announced the opening of its fifth season airdrop, distributing over 10 million OP tokens to 54,000 unique addresses. Users who interacted with at least 20 independent contracts on the Superchain between March and September 2024, with a contract-to-transaction ratio of at least 10%, are eligible to claim the airdrop. Different airdrop multipliers will be matched based on the level of interaction.

2. Swell Network: Users Can Now Check Eligibility for SWELL Token Distribution link

Swell Network has announced that users can check their eligibility for claiming SWELL tokens through its platform and encourages users to collect “White Pearls.” Users can visit Swell’s DAO page for specific details. Additionally, Swell introduced the re-staking feature for SWELL tokens, allowing users to stake them as rSWELL to help secure the Swell Layer 2 network.

3. Puffer Airdrop Set to Open for Claims on October 14 link

The Ethereum re-staking protocol Puffer Finance has published the tokenomics for its native token, PUFFER, with a total supply of 1 billion tokens. Of this total supply, 7.5% is allocated for the Crunchy Carrot Quest Season 1 airdrop. As part of the protocol’s commitment to governance, 1% of the PUFFER supply will support Ethereum core development, with a vesting period of four years. The distribution includes 40% for the ecosystem and community, 5.5% for the Season 2 airdrop, 20% for early contributors and advisors, and 26% for investors. The airdrop claim period will run from October 14, 2024, to January 14, 2025.

4. Uniswap Labs Announces Launch of Unichain, a Layer-2 Network Based on Optimism Technology link

Uniswap Labs has announced the launch of Unichain, a Layer-2 network based on Optimism technology, aimed at enhancing transaction speed and reducing costs while improving liquidity. Hayden Adams, founder and CEO of Uniswap Labs, stated that Unichain will leverage Optimism’s OP Stack technology and become part of its Superchain ecosystem. The testnet for Unichain is expected to go live on October 10, with plans to introduce a community validation network in 2025, allowing users to stake UNI to enhance the network’s level of decentralization.

5. Linea Proposes Decentralization Roadmap link

The L2 project Linea, supported by Consensys, has proposed a decentralized roadmap aimed at replacing the existing L2 finality system with a proof-of-stake (PoS) model to enable permissionless block validation. The new proposal includes the introduction of a validator staking mechanism, an on-chain auction system, and a recovery mode to enhance the decentralization of block proposals and validations.

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6. Jupiter Launches Mobile Application, Supporting Multiple Payment Methods Including Apple Pay link

The decentralized trading platform Jupiter, part of the Solana ecosystem, has announced the launch of its mobile application. This app operates on a zero-platform fee model and features on-chain capabilities, supporting various payment methods such as Apple Pay and credit cards. Currently, the Jupiter mobile app is available on the iOS platform, with the Android version set to be released soon.

7. Babylon Cap-2 Completed, with Staking Volume Reaching Nearly 23,000 BTC link

Babylon has announced the completion of Cap-2, with nearly 23,000 BTC staked by a total of 12,570 participants. The total fees incurred amounted to just 1.56 BTC. Additionally, any staking that occurs from block 864800 onward will overflow, requiring users to reclaim their overflowed stakes.

8. Bitcoin Staking Protocol Solv Protocol Unveils Staking Abstraction Layer SAL link

The Bitcoin staking protocol Solv Protocol has launched the Staking Abstraction Layer (SAL), which aims to enhance the standardization and interoperability of Bitcoin staking by abstracting the technical differences and operational methods of various staking mechanisms. This initiative is designed to create a scalable Bitcoin staking solution. Initial partners for the SAL include BNB Chain, Chainlink, and Ceffu.

9. UniSat Unveils Roadmap for Q4 2024 link

UniSat has released its roadmap for Q4 2024, focusing on launching new features and optimizing the platform. The plans for October include activating runes, identifying and transferring CAT20 tokens, and launching the CAT marketplace. In November, significant updates for PizzaSwap and FB voting will be introduced, along with optimizations for brc-20, runes, and CAT20. December will see the rollout of zkAtomicSwap for efficient exchanges, enhanced support for the CAT protocol, and ongoing improvements to PizzaSwap’s functionality.

10. vitalik.eth Sold 10 Billion MOODENG on Monday, Committing to Donate to Charity link

Vitalik Buterin, under the address vitalik.eth, sold 10 billion MOODENG tokens via Cow Swap on Monday, converting them into 308.7 ETH. He subsequently transferred 260.15 ETH to his charity organization, Kanro. Currently, he passively holds 40 billion MOODENG tokens, valued at approximately $4.32 million.

Vitalik stated that any tokens he receives as donations will also be directed to charity. He mentioned that the 10 billion MOODENG tokens received today will support technologies aimed at combating airborne diseases. Additionally, he encouraged the memecoin community to actively participate in charitable decisions by creating a DAO, expressing his hope that memecoins can create a more positive impact on the world.

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