Ethereum Scaling

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Opyn to Unveil Squared ETH Token as DeFi Derivatives Race Heats Up

Here comes SQUEETH.  Decentralized options protocol Opyn is readying to launch its Squared ETH or SQUEETH token, which is designed to hedge ETH-based liquidity provider (LP) positions on automated market maker (AMM) exchanges. In a Dec. 17 blog post, Opyn developer Joe Clark described SQUEETH as a “new DeFi primitive” that allows stablecoin/ETH liquidity providers …

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metis

Metis Joins Ethereum Layer 2 Race With $100M Ecosystem Fund

Metis is joining the fray, where Arbitrum and Optimism have so far ruled. The project is set to launch its mainnet the week of Nov. 15 and is also launching a $100M fund, which Metis describes as a “decentralized autonomous company” (DAC), called Genesi, to support projects which join its ecosystem. 

l2s

Layer 1s Better Watch Their Backs as L2s Surge in TVL

Smart contract platforms — Terra, Solana and Avalanche, to name a few — had a summer to remember. Terra’s LUNA rocketed 421% between June 1 and Sept. 30 and its fellow Layer 1s (L1s) Avalanche and Solana also delivered triple-digit returns.  Now Layer 2s (L2s), which make Ethereum transactions more affordable and faster by executing them …

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Own Your Ethereum Name with ENS

Own Your Ethereum Name with ENS

The Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS’s job is to map human-readable names like ‘alp. eth’ to machine-readable identifiers such as Ethereum addresses, other cryptocurrency addresses, content hashes, and metadata.

arbitrum

Arbitrum Launches with Full DeFi Ecosystem Locked and Loaded

Arbitrum, one of the most awaited Ethereum scaling solutions, has attracted $2.9M on its first day after launch, becoming the 11th largest so-called Layer 2 platform, according to L2BEAT. Offchain Labs, a blockchain software maker, launched Arbitrum on Aug. 31 with the promise to offer  lower fees and faster transactions. So far, it’s delivering: ETH …

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Looking Back at Uniswap’s Growth as it’s Deployed on L2

On-Chain Markets Update by Lucas Outumuro, IntoTheBlock The anticipated launch of Uniswap on layer 2 has finally arrived, at least to some extent. Uniswap’s alpha on Optimism has been released, supporting only six crypto-assets so far, but at a fraction of the cost incurred on Ethereum’s mainnet.  As Uniswap’s V3 is on track to fully …

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Uniswap’s V3 Launches on Layer 2 Solution Optimism

It’s a good time for Layer 2 enthusiasts as Uniswap V3 has soft-launched on Optimism, a leading optimistic rollup solution for scaling Ethereum.  Users can now tap Optimism to deposit, trade and provide liquidity on the decentralized exchange (DEX), which captures roughly half of all DEX volume, according to a Dune Analytic’s query. Optimism “currently …

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