Stakely's Monthly News Digest | February 2024 Update

Welcome to Stakely's February blockchain news roundup, where we keep you informed about new partnerships and strategic launches. From groundbreaking collaborations to strategic launches, the blockchains we follow with passion have shown their dedication to progress and innovation. Let's dive into the most exciting news!

Modular future with Celestia

Celestia continues to amaze us with its capacity to attract revolutionary developments and ideas, thanks to its modular approach. This month, Starknet announced a collaboration to enhance data availability and reduce transaction costs. Celestia's "Blobstream" promises to be a valuable resource in this effort.

Additionally, Hummingbird by LightLink, a L2 solution offering instant and free transactions, is live on the testnet using Celestia. This facilitates faster data transmission and ensures its availability.

Other developments include integration with Align Network, focused on decentralized identity and social verification. Also, the blockchain explorer Celenium has been updated to version 1.6, including a leaderboard for blockchains implemented in Celestia.

Liquid staking TIA on Stride

Liquid staking offers us a way to generate passive income without needing to lock up assets. With Stride, it's possible to liquid stake TIA, allowing users to continue earning returns. Additionally, a STRD airdrop has been announced for those participating in liquid staking with their TIA in Stride.

New token standard CW404

Injective celebrates the introduction of the CW404 standard, bringing the popular ERC-404 to the Injective ecosystem. This update not only promises to be the fastest and most economical but also raises the standards for fractional NFTs to a new level.

The collaboration with Dojo Swap, the first native decentralized AMM exchange in the Injective ecosystem, has been key to this achievement.

Mitofi, vanguard in automated vaults platforms

Mitofi officially launches on Injective, offering an automated vaults platform and launchpad to the Web3 community, which promise to be fundamental in the future.

We launch our channel on Omniflix TV

In our quest to expand our reach, we have inaugurated our channel on Omniflix TV, a decentralized streaming platform. This allows us to share our staking tutorials in a more interactive environment.

OmniflixTV

ATOM Denver

The Cosmos ecosystem had a presence at ETHDenver, highlighting the ecosystem's potential. Additionally, Capsule has created an infrastructure that allows the creation of wallets using email or social media sessions, making access to crypto products easier.

dApp Store attracts nearly 100 dApps

Evmos has launched its dApp Store, drawing major players from the Cosmos and Ethereum ecosystems. This space allows users to engage in various activities, such as liquid staking EVMOS, buying EVMOS directly with your credit card, and much more, promising significant future advantages.

Lava and DeFi surge in Evmos

Lava Protocol has successfully raised an initial $15M to build a modular data access layer for Ethereum and Web3. On the other hand, Inferno 4.0 is set to continue Forge's liquidity incentives.

The Dencun upgrade for network scalability

The upcoming Ethereum update, Dencun, will bring the implementation of EIP-4844, among other EIPs, introducing the concept of "proto-danksharding". This promises to significantly reduce transaction costs, especially on L2 networks, favoring more economical and efficient transactions.

Stakely joins GenesisLRT, the liquid restaking solution on EigenLayer

This month we are celebrating our partnership with GenesisLRT, an innovative liquid restaking solution on EigenLayer. GenesisLRT allows enjoying the benefits of liquid restaking, optimizing Ethereum staking returns.

For more information on how to restake ETH on GenesisLRT, we invite you to read our full article at Stakely joins GenesisLRT.

The ETHDenver 2024 event

ETHDenver 2024 has been the talk of the town, gathering the best of the crypto world from February 23 to March 3. This meeting has served as a platform to assess achievements, explore new proposals, forge strategic alliances, and, of course, announce innovations that excite users and holders of various ecosystems.

AI innovation and prediction markets

Polkadot introduces PolkabotAI, an AI bot that answers questions about the ecosystem. Moreover, Zeitgeist launches the first prediction market platform with dynamic liquidity on blockchain, and Subsocial updates its staking system to benefit active users.

Minimum gas price reduction

The Archway community approved a proposal to reduce the minimum gas price, which represents significant relief for users and improves the network's usability.

Innovation and GameFi in Sui

The Sui ecosystem continues to stand out for its commitment to innovation and the GameFi sector. This month, the collaboration with Stardust, a Web3 gaming infrastructure provider, promises to open new possibilities for blockchain games, benefiting both creators and investors.

Additionally, Pocket Space, a Play-to-Own PvP gaming platform, has been launched on the SUI network, offering a unique gaming experience without the need for NFTs, but with all the advantages of blockchain technology.

Amnis and Mercato Mania

The partnership between Amnis and Mercato Mania promises to eliminate gas fees for numerous collections on Mercato Mania, a move that not only lowers barriers for collectors but also motivates new users to join the Aptos NFT ecosystem.

GameFi in Aptos with Supervillain

Supervillain Labs has joined the Aptos Network to boost the GameFi sector within its ecosystem. With the support of Aptos Labs, Supervillain Labs will launch new blockchain-based games, aiming to develop fan communities and popularize blockchain games.

Thank you for following our February digest! This month has provided inspiring examples of how the blockchain world continues to evolve and offer new opportunities. See you in March for more exciting updates.