Weekly Project Updates: Uniswap v4 to Be Released in Q3, Aptos Launches JamboPhone, Yuga Acquires Moonbirds Group, etc

Feb 17, 2024

1. Uniswap v4’s Launch Scheduled for the Third Quarter of 2024 link

The Uniswap Foundation has announced that the launch of Uniswap v4 is tentatively scheduled for the third quarter of 2024. Currently, it is in the first phase, which includes the completion of core code, testing, gas optimization, enhanced security, and finalization of peripheral devices. The second phase involves comprehensive audits by multiple auditing firms and a community audit competition, followed by the deployment of v4 to the test network. The third phase will see the release of v4 on the Ethereum mainnet in the third quarter. Earlier reports highlighted one of the key updates of Uniswap V4, which is Hooks, enabling customizable liquidity pools.

2. Aptos Foundation Announces Collaboration with Web3 App Jambo to Introduce JamboPhone link

The Aptos Foundation has announced a partnership with the Web3 application Jambo to jointly launch the JamboPhone. Priced at $99, it comes preloaded with the Aptos ecosystem wallet Petra and JamboApp, providing direct access to the Aptos ecosystem and other ecosystems. It is now available for sale in over 40 countries and regions, aiming to catalyze the digital economy for users in Africa, Southeast Asia, and Latin America.

3. ApeCoin DAO to Develop ApeChain Using Arbitrum Technology Stack link

The ApeCoin DAO is leveraging the Arbitrum technology stack to develop ApeChain, which will be constructed as an Arbitrum Orbit chain utilizing the AnyTrust technology. APE will serve as the gas and governance token for ApeChain. The ApeCoin community will have the option to implement upcoming features such as Stylus, BoLD, and others.

4. Blast Announces Mainnet Launch Date to be Revealed Next Week link

The Layer2 network Blast has announced that the launch date of its mainnet will be revealed next week. Blast’s cross-chain contracts are set to undergo an upgrade this weekend in preparation for the mainnet release later this month. The upgrade is expected to take 24 hours but will not impact users.

5. Magic Eden’s Weekly Summary

a. Magic Eden to Launch Ethereum Marketplace on February 27 link

Magic Eden has released a video announcement stating that its Ethereum Marketplace, developed in collaboration with Yuga Labs, will launch on February 27th. The marketplace will be supported by the Payment Processor developed by Limit Break and claims to reduce gas fees by 6%-40% compared to Seaport. The Ethereum Marketplace, a joint venture between Yuga Labs and Magic Eden, was initially scheduled to launch by the end of 2023 but has been delayed until now.

b. Magic Eden Introduces Mint to Earn Program link

Magic Eden has announced the launch of the Mint to Earn program to support Ethereum Launchpad projects. The first season will commence at the end of February and will feature an exclusive Diamond token pool. After the season concludes, Launchpad minters’ information for selected projects, including Planet Mojo, OSF, Ninja DAO, Okay Dogs, RENGA, and Chimpers, will be collected and analyzed. The second season is set to launch on Solana.

6. Yuga Labs Announces Acquisition of Moonbirds’ Development Team Proof link

The development team behind the Bored Ape Yacht Club, Yuga Labs, has announced the acquisition of the development team Proof from Moonbirds, including its team, intellectual property, and art collection, with plans to integrate Moonbirds into Otherside. Kevin Rose, CEO and founder of PROOF, will serve as a consultant for the company.

7. NFT Lending Protocol Arcade.xyz Announces Token ARCD Airdrop link

The NFT lending protocol Arcade.xyz has announced the airdrop of its token ARCD, where specific NFT series holders have the chance to win 3% (3 million) of the total supply of Arcade token ARCD. These collections include Pudgy Penguins, Lil Pudgys, Sappy Seals, Bitcoin Puppets, NodeMonkes, Runecoin, Mad Lads, and Tensor. Next week, the first 4000 addresses will be able to claim 750 ARCD (per address) on the Ethereum mainnet until the total allocation of 3 million ARCD is fully distributed.

8. Jito Foundation Allocates 12 Million Tokens to Governance Representatives like Coinbase Cloud link

The Solana-based staking project Jito has announced its initial governance representative list, which includes Coinbase Cloud, the Solana Foundation, and community members. The Jito Foundation will allocate voting rights for 12 million JTO tokens (valued at $23.5 million) to these representatives, constituting approximately 10% of the circulating supply of JTO tokens.

9. Filecoin Announces Integration with Solana link

Filecoin has announced its integration with Solana. Solana will leverage Filecoin to make it easier for infrastructure providers, explorers, indexers, and any users needing historical access to their block history. This integration aims to achieve data scalability and enhanced security by utilizing Filecoin’s decentralized storage capabilities.

10. TRON Launches Bitcoin Layer 2 Solution and Roadmap link

Justin Sun tweeted that TRON has announced its Bitcoin Layer 2 solution and roadmap, aiming to decentralize various tokens within the TRON network, including stablecoins and the Bitcoin network, along with its Layer 2 architecture. He claims that Bitcoin has been interconnected with the TRON network through cross-chain methods and can be exchanged through exchanges. Earlier reports have indicated the emergence of over 20 Bitcoin Layer 2 projects in less than a year, with varying quality, sparking considerable debate within the community.

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