Search results for OP Mainnet
Crypto
EtherFi proposes deploying dedicated Aave V4 instance on OP Mainnet
EtherFi has proposed deploying its own Aave V4 lending system on OP Mainnet. It applied through a temp check to launch a white-label Aave V4 instance that would serve as credit backend infrastructure for its Visa card product, EtherFi Cash. The new instance would share liquidity with Aave but remain separated from other markets. EtherFi would handle configuration, risk parameters, liquidity and operations, while Aave would provide deployment and operating licences and take a fee from revenue.
AI & Enterprise
Syndicate Labs, an Ethereum rollup startup, to shut down after 5 years
Syndicate Labs, an Ethereum rollup infrastructure startup, will shut down after five years, Cointelegraph reported on May 21. The company said the rollup market had fundamentally changed, with more rollups quietly closing as new ones emerge. Syndicate Labs developed custom Ethereum appchains and smart sequencers and raised $20 million in a Series A led by Andreessen Horowitz in 2021. Data showed Layer 2 rollup TVL has fallen after peaking above $50 billion.
AI & Enterprise
Uniswap governance considers full v3 pool fee rollout and expansion to eight chains
Uniswap governance is considering expanding protocol fees, The Block reported on Feb. 19. The proposal would apply fees to all Ethereum mainnet v3 pools and extend to eight chains including Arbitrum, Base, Celo, OP Mainnet, Soneium, X Layer, World Chain and Zora. A Snapshot vote runs through Feb. 23. It is the first proposal since the Unification governance overhaul, which shortened procedures for fee-related changes.