May 27, 2024

Web3 Builder News 5/20-5/26: Arbitrum Offers 500k to Frame Builders

Arbitrum Launched a Buildathon "Frame It"

Grants & Accelerators

TONX launched the "TONX Accelerator Program", backed by a 5 million dollars funding pool for developers to build wallets, DeFi, bots and dApps on the Telegram ecosystem.
SuperDAO launched "SpringX Solana Accelerator", an ecosystem accelerator that collaborated with Solana Superteam, SpringX, SevenX Ventures and ABCDE.
Wormhole Foundation launched "xGrant Program", providing financial support, mentorship, and resources to multi-chain protocols.
Optimism announces Retro Public Goods Funding Round 4 is now open to apply. Retro Funding 4 will allocate 10m $OP to reward the impact of Onchain Builders.

Hackathons & Events 🧑‍💻

Arbitrum launched "Frame It", a "buildathon" with rewards of up to 500,000 USD for developers to create Frames on Arbitrum.
Frax Finance announced "Fraxtal Hackathon", a 3-track hackathon for Frax's modular rollup, featuring a prize pool of over 5 million dollars.

Research 🧑‍🔬

Conduit released a post-mortem for the incidents on Degen and Proof of Play networks.
Lilyjjo published “EVM Native Sequencing Rules”, a new way to organize transactions on the Ethereum blockchain aimed at helping Ethereum applications capture the value they create, reducing the power of block builders.
Vitalik Buterin published “How do layer 2s really differ from execution sharding?”.
MicahZoltu published “Queue End Of Block Transaction OPCODE”, introducing a new OPCODE that allows queuing code to execute at the end of a block, ensuring it runs only once even if multiple transactions queue the same code.
mteam88 published “Credibly Neutral Preconfirmation Collateral: The Preconfirmation Registry”, a design for a credibly neutral preconfirmations registry that solves the collateral problem for solo-stakers and improves capital efficiency for large operators.

Tooling 🛠

Ethereum

OpenBlock introduces AVS and Operator Intelligence, a dashboard providing a comprehensive view into the EigenLayer ecosystem.
Solidity v0.8.26 is out, featuring the addition of the require statements with Custom Errors.
Matt Soloman introduces EVM Diff, an open-sourced tool to diff the execution-level specifications of EVM-compatible chains.
Sigma Prime introduces multiproof, a library for OpenZeppelin's Merkle MultiProof written in Solidity for use in Forge framework.
WalletConnect is launching AppKit and WalletKit, a product suite featuring email/social login on-ramp, swap, one-click auth, app verification, and app notifications.
Remix v0.49.0 is out featuring RemixAI and syntax highlighting on TOML files.

Solana

Ackee Blockchain Security introduces Trident, an open-source Solana fuzzing framework written in Anchor.

Education/Mechanism 🧑‍🏫

Dimitar Tsvetanov shares the DeFi & Web3 Developer Roadmap by @officer_cia, a curated developer handbook that includes a list of tools for dApps development, resources, and references.
Polygon released a list of resources to learn about the AggLayer.
Rise In launched “Build on-chain with Circle and USDC”, a free course covering Circle’s stablecoin protocols, APIs, and SDKs.
Zaevlad explains the WETH contract can be slightly different on different chains.
Patrick Collins explains EIP-4844, Proto-Danksharding and Blob transactions.
Solana Developers shares “Getting started with Solana with Rust Experience” and “Moving from Rust to Solana”, onboarding Rust developers to the Solana ecosystem.
nader dabit shares the process of building an AVS via EigenLayer.

Infrastructure 🏗

Ethereum

Succinct introduces SP1 GPU, a next-generation prover for SP1 aimed to bring a 10x reduction in cost and latency.
Shadow introduces shadow-reth, an open-source shadow node built on Reth. shadow-reth allows anyone to generate shadow events and retrieve them via JSON-RPC.
Uniswap Labs and Across Protocol introduced a new Ethereum token standard called ERC-7683. ERC-7683 aims to create a universal filler network for all cross-chain intents to follow for better interoperability.

L1s

NEAR Protocol announces its next stage of roadmap is to enable NEAR to become the home for User-Owned AI. NEAR Foundation commits to incubate and invest in NEAR-based AI infrastructure projects and has established the NEAR AI R&D lab.
Espresso Systems introduces Cappuccino, Espresso’s 5th testnet. Cappuccino testnet is focused on HotShot, Espresso’s optimistically responsive consensus protocol, designed to support the scale that rollups offer while maintaining strong security and decentralization.

Avalanche

Avalanche Durango 6 is out featuring secp256r1 staking keys, improved C-Chain state sync reliability, and fixing connection tracking.

Security 👾

Gala Games was exploited for over 200 million dollars due to inappropriate access control of the Mint function in the Gala Token contract.

Bug Bounties 🐞

Andromeda, an on-chain and multi-chain suite of products, tools, and utilities enabled by Andromeda Operating System, is launching an audit contest on Sherlock with total rewards of 61,000 USDC.
WeatherXM, a decentralized weather network, launched a bug bounty program on Hats finance with rewards of up to 12,000 USDC.
Terrace, a multi-wallet, non-custodial crypto trading terminal and broker, launched an audit contest on Sherlock with total rewards of 42,375 USDC.
YieldNest, a next-generation liquid restaking protocol, launched a bug bounty program on ImmuneFi with bounties of up to $200,000 USDC.
Midas, an asset tokenization protocol, launched an audit contest on Sherlock with total rewards of 13,500 USDC.
Predy finance, a DEX for perpetual trading and token swaps, launched an audit contest on Code4rena with total rewards of $100,000.

Product Launches 🚀

Sanko Mainnet, a crypto gaming L3 based on Arbitrum Orbit, is live. Sanko was originally a video streaming app (SankoTV) on Arbitrum. Sanko users can now bridge DMT from Arbitrum to Sanko via the native Sanko bridge.
Catalyst, a cross-chain AMM, is live on the mainnet. Users can now swap native ETH between OP stack L2s including Optimism, Base, and Blast. Catalyst also began the Eggs Reward Program to distribute weekly rewards to Catalyst UI users and track user activities for loyalty scores.
CapybaraDEX, a Wombat ecosystem member, is now live on Kaia Chain. Users can now do single-sided LPing, swap listed assets, and earn Capybara points during the Alpha stage.
Usual, a stablecoin issuance protocol, launched its website for early access. Usaul introduced Liquid Deposit Token (LDT) and the first LDT USD0, a stablecoin backed by RWAs with a short maturity.
Splice, a Pendle-forked yield trading protocol, is live on Mode L2. Splice has launched a few LRT yield markets, allowing users to earn yields & points, or buy discounted assets.

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