Research Summary
The report provides an overview of recent and upcoming events in the crypto world. It covers a range of topics including protocol upgrades, airdrops, DAO voting, regulatory changes, and financial news related to various cryptocurrencies and blockchain platforms.
Key Takeaways
Protocol Upgrades and New Features
- Ethereum’s Dencun Upgrade: Ethereum’s Dencun upgrade has gone live on the Sepolia testnet, with the mainnet launch scheduled for March. The upgrade introduces Proto-Danksharding, which will allow Layer 2 solutions to reduce gas costs when posting rollup data on Ethereum.
- LayerZero’s V2 Launch: LayerZero, an omnichain interoperability protocol, has launched its V2, which promises greater interoperability between all EVM and non-EVM chains.
- dYdX’s V3 Upgrade: dYdX has upgraded to V3, introducing interchain accounts and enabling liquid staking of $DYDX.
Airdrops and Farming Programs
- Aevo’s Airdrop Farming Program: Aevo has announced an upcoming airdrop farming program. Users who have done volume on the protocol thus far are eligible for the airdrop and can further amplify their rewards through this program.
- ZetaChain’s $ZETA Airdrop: ZetaChain, an omnichain interoperability network, has launched its $ZETA airdrop claim. The initial float starts at 11%, 13% of which has been airdropped to users and contributors.
DAO Voting and Proposals
- dYdX DAO’s Funding Vote: dYdX DAO is voting on the allocation of $30M in $DYDX from the community treasury to fund dYdX Foundation’s operations for another three years.
- Arbitrum DAO’s Upgrade Proposal: Arbitrum DAO is proposing the implementation of ArbOS V2, an upgrade that will enable the chain to support updates from Ethereum’s Dencun upgrade.
Regulatory Changes and Financial News
- US Federal Reserve’s Rate Decision: The US Federal Reserve has left rates unchanged, denting market expectations for a rate cut in March.
- Thailand’s Crypto-Friendly Regulations: Thailand’s SEC has been reported to be transitioning toward more crypto-friendly regulations this year.
Actionable Insights
- Monitor Protocol Upgrades: Keep an eye on the progress of Ethereum’s Dencun upgrade, LayerZero’s V2 launch, and dYdX’s V3 upgrade. These upgrades could significantly impact the performance and utility of these platforms.
- Participate in Airdrops and Farming Programs: Consider participating in Aevo’s airdrop farming program and ZetaChain’s $ZETA airdrop, as these could provide opportunities to earn additional tokens.
- Engage in DAO Voting: If you hold $DYDX or Arbitrum tokens, consider participating in the respective DAO votes. Your vote could influence the future direction of these platforms.
- Stay Informed on Regulatory Changes: Keep abreast of regulatory changes in the crypto space, particularly in the US and Thailand. These changes could impact the legal and financial landscape for crypto investments.
