Stakely's Monthly News Digest | December 2023 Edition
Welcome to 2024 and our December 2023 monthly recap! In this overview, we'll explore the exciting updates announced in your favorite blockchain projects.
Ethereum
New roadmap and exciting advances!
On the last day of the year, Vitalik Buterin unveiled a new roadmap for Ethereum. Among the highlights, there's a focus on solidifying the role of "single-slot finality (SSF)" in the transition to Proof of Stake (PoS). It also mentions elements like Verkle trees, interoperability, and cross-chain standards. Additionally, it introduces concepts like quantum-proofing and deep encryption.
If you're an ETH holder, follow us on our social media channels and ask us anything you want to know about what this roadmap entails!
Stakely Vault on StakeWise V3: taking staking to the next level
The Stakely Vault on StakeWise V3 offers users shared MEV rewards, an attractive 3.37% APY, and a low 5% staking fee, all backed by DVT technology for enhanced security. This Vault is a flexible and secure solution that can elevate your staking experience to the next level. If you're not sure how to get started, check out our guide and learn how to delegate ETH to our Vault. Also, discover how to participate in DeFi by minting osETH.
By the way, deposits of ETHx are now available on EigenLayer. Users who restake will receive a 30% bonus on their rewards for 30 days. Seize this opportunity to boost your dividends!
Additional eewards for OKX Web3 users
OKX Web3 users who restake ETHx with EigenLayer will receive an additional 30% in SD staking rewards for 60 days, a 1.25x increase in Kelp Miles for 90 days, and EigenLayer Restake Points. If you're an OKX Web3 user, this was undoubtedly a great opportunity.
Boost your earnings with stETH in DeFi
Follow our tutorial on YouTube to discover strategies that can help you maximize your earnings using stETH in DeFi. You know us at Stakely; we always seek the simplest ways for you to make the most of your investments.
Polkadot
Exciting collaboration with Unity Games
A new collaboration between Parity Technologies and Unity Games will allow Polkadot to join Unity's Verified Solutions (VS) program. This partnership will provide greater exposure to the network and enable Polkadot's integration with the gaming engine used in Pokémon Go and Call of Duty Mobile.
Cosmos
Keplr surpasses 1 million users
Keplr, Cosmos' multi-chain wallet, has surpassed the impressive milestone of one million users. It has also initiated the beta phase of its Multisig feature, providing users with increased security and control.
Polymer Labs empowers interoperability
On another note, Polymer Labs aims to become the preferred interoperability hub for Ethereum using Cosmos SDK and IBC. This link is crucial for enhancing interoperability between blockchains.
Evmos
Wormhole and token burnt to control inflation
Wormhole has joined Evmos to facilitate cross-chain interoperability, allowing users to efficiently bring tokens from various networks to Evmos. Furthermore, governance proposal #258 on Evmos entails constant token burns to control inflation, which could benefit holders participating in EVMOS staking.
Fantom
Sonic Lab could bring us an excellent 2024
Sonic Lab will fund 5 projects building on Fantom with $1 million, and Andre Cronje will provide mentorship in the field. Additionally, the Sonic Builders testnet has been launched, equipped with tools for developers to create dApps with Sonic technology. Moreover, LORE, a multi-chain explorer with AI, analytics, and notifications, is now available on the Sonic testnet.
Archway
Significant listings
The ARCH token from Archway has been listed on CoinEX and xDeFI, increasing its exposure. The Nomos Multisig app has been launched on Archway, allowing users to manage assets and participate in governance. Did you know that ArchID.arch is now compatible with MetaMask login? Give it a try!
Injective
Talis Protocol and unstoppable expansion in Injective
The native TALIS token from Talis Protocol has been launched on Injective, offering opportunities in the NFT market. Injective continues to expand with Ledger integration, the launch of the Moon APP, and early access to the Mito Finance launch platform for NFT Zen holders.
Injective is becoming increasingly popular thanks to the dedication and creativity of its developers, as well as the trust of all users and holders in this powerful blockchain designed for finance.
Say goodbye to 2023 and welcome to an exciting 2024
2023 brought us exciting advancements in blockchain, and we hope you enjoyed the holiday season. In 2024, we will continue to explore and trust in quality projects. Happy New Year, and may you have a year filled with successful investments!
