LWID: Uniswap UNIfication Passes, Solana Launches Gasless Transactions, Solstice Token Sale, and many more...
Launches 🚀
Solana Foundation announced Kora, a paymaster service that standardizes fee sponsorship and remote signing on Solana, enabling gasless transactions and fee payments in any token, including stablecoins.
Movement launched M1, migrating from an L2 to a standalone Layer 1 and marking the first Move-based blockchain to make this transition. The new M1 network introduces a dedicated validator set, native MOVE staking with community-first rules, higher throughput targeting over 10,000 TPS, and support for Move 2.0, aiming to operate independently from external chain infrastructure.
Shift4 has launched stablecoin settlement on Polygon, enabling hundreds of thousands of merchants to accept and move funds 24/7 using USDC, USDT, EURC, or DAI.
Rujira has launched lending, borrowing, and liquidations, letting users bid on liquidations early by placing tracking orders at a fixed discount or premium to oracle prices in the RUJI Trade order book.
Updates 📰
Uniswap governance approved the UNIfication proposal, enabling protocol fees and a 100M UNI burn while Uniswap Labs commits to turning off frontend, wallet, and API fees. LPs are unaffected by this change, as their earnings come from on-chain pool fees, not interface fees; those pool fees remain intact.
A small protocol fee will be introduced and routed to UNI burns, alongside MEV internalization tools designed to improve LP efficiency and net returns.
Bitwise filed with the SEC to launch a spot Sui ETF, joining Canary Capital and 21Shares in the race for SUI-based investment products. The proposed ETF would track SUI held by the trust, with Coinbase Custody named as custodian, while fees and ticker details remain undisclosed.
trade.xyz will reduce funding rates across all XYZ perpetual markets by applying a 0.5 scaling factor to Hyperliquid’s funding formula, lowering baseline funding to roughly 5.5% annualized. The change is intended to make funding less aggressive, particularly during weekend price discovery.
Solstice announced the SLX token sale will go live on December 22, 1 PM UTC via Legion, with participation opening as the winter solstice begins.
GAIB clarified sAID unstaking timelines. Users who submitted unstake requests between Nov 21–30 will receive liquidity on a one-time accelerated schedule, available daily from Dec 21 to Dec 30 based on their unstake date. Requests submitted from Dec 1 onward will follow the standard cycle, with December requests becoming claimable on Feb 1 after January’s liquidity processing.
GMX is now live on the Ethereum mainnet, allowing users to trade perps and spot markets and provide liquidity directly from Ethereum without bridging. The integration brings access to 100+ perp markets, spot swaps, and GM/GLV liquidity tokens.
Aster reported its Stage 4 weekly buyback for Dec 15–21, spending 5.5 million USDT to repurchase 6,555,799.91 ASTER at an average price of 0.84.
Resolv expanded into altcoin money markets by launching a delta-neutral “Altcoin Cluster,” starting with HYPE and SOL. Positions are fully hedged via Binance and Hyperliquid, targeting 10–15% neutral yields with allocation capped at 10%
Strategy increased its USD cash reserve by $748 million (bringing the total to $2.19 billion) through an at-the-market (ATM) equity offering.
Fluid reserve buybacks are ongoing, with 867.65 ETH (~$3.19M) used to repurchase FLUID so far, bringing the reserve to 0.72% of the total supply (approximately 0.93% of the circulating supply).
Yearn launched yYB, a liquid locker for the Yield Basis ecosystem, allowing users to deposit YB or migrate veNFTs to mint transferable yYB 1:1.
Ethena Labs added Anchorage Digital Bank as a new custodian for USDe backing assets, joining Copper and Ceffu. The addition strengthens custody diversification, bringing U.S. federal banking regulators-regulated oversight.
Hyper Foundation confirmed that HYPE held in the Assistance Fund address has been formally recognized as burned, permanently removing it from circulating and total supply following a validator vote with 85% stake-weighted approval.
Solstice’s $SLX token sale raised $923K, missing its $4M target after offering 5% of supply on Legion. Weak demand was possibly driven by high FDV, a 50% TGE unlock, holiday timing, and broader ICO fatigue.
Aerodrome said its Public Goods Fund executed a 997K AERO buyback and max-lock, bringing total AERO acquired and locked to over 160M through the PGF, Flight School, and Relay programs.
Gnosis Chain node operators executed a hard fork to recover funds lost in the Balancer hack, removing them from the attacker’s control. Remaining node operators should update promptly to avoid penalties.
Issues ⚠️
Trust Wallet warned of a security incident affecting Browser Extension version 2.68 only, leading to a minimum of $6M stolen from hundreds of Trust Wallet addresses.
Users should stop using the extension immediately and upgrade to version 2.69 via the official Chrome Web Store.
Mobile users and other extension versions are not impacted, and Trust Wallet said its support team is contacting affected users regarding next steps.
The Aave DAO alignment proposal has advanced to a Snapshot vote after prolonged discussion, but key contributors remain unconvinced on the path forward. While Stani Kulechov urged tokenholders to weigh in, Marc Zeller said he will vote abstain following the proposal author’s recommendation and encouraged the community to do the same, underscoring unresolved alignment and uncertainty despite the governance process moving ahead.
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