Weekly Project Updates: WLFI Token Expenditure Proposal Sparks Controversy, BNB Chain Launches New Stablecoin $U, Uniswap Fee Switch Proposal Enters Final Governance Voting, etc

1. World Liberty Financial’s WLFI Token Expenditure Proposal Sparks Controversy link

World Liberty Financial has put forward a new WLFI token expenditure proposal, planning to use up to 5% of the unlocked token inventory to boost partnerships for its USD — denominated stablecoin USD1, yet the proposal has sparked divisions within the community. Some token holders are concerned that the token expenditure may suppress the price and harm the interests of holders of approximately 80% of the still — locked WLFI tokens, while supporters argue that the incentives are conducive to long — term ecological value. The approved token sale by World Liberty has raised around $550 million for the project, but the price of WLFI has dropped by about 60% from its peak.

Previously, World Liberty Financial (WLFI) issued a governance proposal, suggesting the use of a portion of the unlocked WLFI treasury assets to support the promotion and application of the stablecoin USD1. The announcement stated that in the past three weeks, WLFI has repurchased approximately $10 million worth of WLFI using USD1, obtained major spot trading pairs on Binance, promoted the use of USD1 in both CeFi and DeFi scenarios, and advanced the finalization of the WLFI token unlocking schedule.

2. United Stables Announces Official Launch of USD Stablecoin U, Deployed on Both BSC and ETH link

On December 15, Trust Wallet added the BEP-20 asset U of UTechStables (U) with the contract address 0xDa182944E84092e11370CA521f10AEF488888888. The asset is described as a transparent, secure, and programmable stablecoin infrastructure developed by United Stables for the global market. U is a fully collateralized, enterprise-grade stablecoin designed specifically for institutional trading, DeFi liquidity, treasury operations, and cross-border settlements. It is the first liquidity-aggregated stablecoin, fully collateralized 1:1 by cash and audited stablecoins. Currently, United Stables (U) has also been listed on CoinMarketCap. Previously, BNB Chain stated that it would launch a new stablecoin focusing on multi-scenario liquidity integration; meanwhile, CZ followed UTechStables.

United Stables announced the official launch of its USD stablecoin U, which is now deployed on both BNB Smart Chain and Ethereum. It is reported that U is backed by a 1:1 full reserve (USD plus top-tier stablecoins), featuring on-chain Proof of Reserves (PoR) and monthly audits. In the future, it will support enterprise-grade privacy protection and AI-native payments (EIP-3009/x402), etc. U has been integrated with and supported by DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO.

3. Base App Sees Over 12,000 New Users on Full Launch Day, Hitting a Single-Day Record High link

On December 18, Base announced the full launch of the Base App. On the same day, over 12,000 new users signed up for the app, setting a new single-day record. Formerly known as Coinbase Wallet, this all-in-one super app integrating social networking, trading, and exploration now boasts a total user base of more than 175,000.

4. Aptos Proposes Post-Quantum Signature Improvement Proposal AIP-137 link

Aptos has announced the proposal of AIP-137, an improvement initiative to introduce quantum-resistant signatures. It plans to support quantum-resistant digital signature schemes at the account level to address the long-term risks that advances in quantum computing may pose to existing cryptographic mechanisms. The scheme will be introduced as an optional feature and will not affect existing accounts. Under the proposal, Aptos intends to support SLH-DSA, a hash-based signature scheme that has been standardized as FIPS 205.

5. Lido DAO Releases 2026 Ecosystem Funding Proposal, Planning to Invest Approximately $60 Million link

Lido DAO has put forward its 2026 Ecosystem Grant Request (EGG), which is to allocate approximately $60 million to shift from a single liquid staking protocol to a multi-product platform with diversified revenue streams. The proposal prioritizes advancing Lido Earn, developing new vault products, and exploring yield-generating products related to stablecoins and other asset classes, targeting institutional investors, on-chain treasuries, and potential regulated entities to enhance long-term protocol resilience and revenue diversification. The proposal has launched a vote on Snapshot, having already reached the quorum with a majority of votes in favor. As per Dune Analytics data, Lido remains the largest staking entity in the Ethereum ecosystem, accounting for nearly 24% of all staked ETH.

6. Polymarket: Polygon Network Outage Impact Resolved; Community Discusses Native L2 Priorities link

Polymarket has confirmed that platform issues caused by the previous Polygon blockchain network outage have been resolved, with its website and related functions fully restored to normal operation. The outage had disrupted core operations including trading, data services, deposits, and withdrawals. The team is advancing stability enhancements to prevent recurrence, and users encountering lingering issues are advised to submit support tickets for assistance. Amid recent repeated network anomalies, community sources indicate that Polymarket has prioritized developing its own Layer 2 (L2) solution; however, no official specific plans or timelines have been disclosed.

7. Uniswap Founder Announces UNIfication Proposal Submitted for Final Governance Vote link

Hayden Adams, founder of Uniswap, announced that the UNIfication proposal has been submitted for the final governance vote, which started at 10:30 PM EST on December 19 and will conclude on December 25. Upon approval, the following measures will be implemented after a two-day timelock period: a one-time burn of 100 million UNI tokens; the activation of the protocol fee switches for Uniswap v2 and v3 on the mainnet, with fees channeled into the UNI burn mechanism; and the inclusion of Unichain fees into the same burn framework.

8. Ondo Launches Ondo Bridge: Supporting Cross-Chain Transfer of 100+ Tokenized Stocks and ETFs link

Ondo Finance has launched Ondo Bridge, a cross-chain solution for on-chain securities, now live on Ethereum and BNB Chain. It enables 1:1 cross-chain transfers of over 100 tokenized stocks and ETFs, built in partnership with LayerZero, secured by a Decentralized Verification Node (DVN) network including Canary Protocol, and implemented via Stargate. The bridge maintains asset parity, simplifies integration for dApps on both chains, and is designed for future expansion to additional EVM-compatible networks.

9. Jito Foundation Announces Return to US as Digital Asset Regulatory Environment Clarifies link

The Jito Foundation, the non-profit organization behind Solana MEV infrastructure project Jito, announced that it will “relocate back to the United States”. Lucas Bruder, CEO of Jito Labs, stated that the foundation had been forced to operate overseas due to the de-banking of the crypto industry during the so-called “Operation Chokepoint 2.0”. He cited regulatory shifts such as the passage of the GENIUS Act and Congress’s advancement of crypto market structure legislation as the reasons for the foundation’s return to the U.S.

10. Aave Early Core Contributor Proposes: AAVE Token Holders Control Legal Vehicle via DAO link

Ernesto Boado, an early core contributor to Aave and co-founder of BGD Labs, has submitted an Aave Request for Comments (ARFC) governance proposal titled “AAVE Token Alignment. Phase 1 — Ownership”. The proposal calls for AAVE token holders to take over and unify the management of Aave’s brand-related assets via a DAO-controlled legal vehicle with robust anti-capture safeguards. Key assets to be transferred include core domains (e.g., aave.com), social media accounts, naming rights, GitHub repositories, trademarks, and associated intellectual property (IP).

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