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Solana Perp DEX Flash Trade to Wind Down Unless It Finds a Buyer
DeFi

Solana Perp DEX Flash Trade to Wind Down Unless It Finds a Buyer

Any proceeds from a sale of the exchange's tech stack, brand and IP go to FAF holders pro rata, with team tokens excluded from the distribution.
SharpLink Opposes Ethereum Proposal to Burn a Growing Share of Validator Rewards
Blockchains

SharpLink Opposes Ethereum Proposal to Burn a Growing Share of Validator Rewards

Joseph Chalom argues the draft would strip the base rate out from under roughly $35 billion in liquid staking token collateral and could push institutions to sell ETH as they unstake.
Rarible Launches Solana NFT Marketplace With Claynosaurz as First Collection
NFTs & Web3

Rarible Launches Solana NFT Marketplace With Claynosaurz as First Collection

Rarible's site now lists Solana alongside Ethereum, MegaETH and Base, with dedicated Explore, Mint and Gacha pages for the network.
The Ethereum EIP-8363 Debate
Podcast

The Ethereum EIP-8363 Debate

The EIP-8363 Debate: ETH Researchers Want to Kill Staking Rewards After 50% of ETH is Staked
ether.fi Removes Restaking From weETH, Nearing A Full EigenLayer Exit
DeFi

ether.fi Removes Restaking From weETH, Nearing A Full EigenLayer Exit

Restaking exposure moves into weETHs, a separate token built on Symbiotic. CEO Mike Silagadze: “End of an era. Sad.”
Uniswap's New Launchpad Out-Launched Pons On Its First Day On Robinhood Chain
DeFi

Uniswap's New Launchpad Out-Launched Pons On Its First Day On Robinhood Chain

Pools.trade opened on Aug. 5 charging no launchpad fee and created 10,506 tokens that day against Pons' 7,210. Uniswap says the product does not change its support for the launchpads already built on its protocol. Some traders disagree. PONS is down 49% on the week.
Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records
Blockchains

Robinhood Chain's DEX Volume Fell 72% While Transactions And Deposits Set Records

Daily volume dropped from $878 million on Jul. 11 to $241 million on Aug. 1 as transactions, deposits and stablecoin supply climbed to all-time highs. Volume per transaction fell 74%. More than 90% of the chain's incentive spending pays depositors.
a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'
Regulation & Politics

a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'

Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies.
Sentora Opens A Lending Vault Against Wellington's First Native Onchain Credit Strategy
DeFi

Sentora Opens A Lending Vault Against Wellington's First Native Onchain Credit Strategy

The Morpho vault holds $9.6 million of PayPal's stablecoin and lends against mWIN, a Luxembourg-issued token whose bond portfolio Wellington Management runs. Of the 8.31% headline yield, 7.61 percentage points come from a PYUSD reward stream.
Uniswap Ships A Memecoin Launchpad On Robinhood Chain, Topped By $FRONG Token Minted Six Days Early
DeFi

Uniswap Ships A Memecoin Launchpad On Robinhood Chain, Topped By $FRONG Token Minted Six Days Early

Pools opened four and a half hours behind its own countdown. Uniswap Labs claims the product and disclaims every token on it, including FRONG, the frog memecoin named after its teaser video that leads the platform at a $12.1 million valuation.