TBD

P2P aims to retain its lead among EigenLayer validators ahead of the protocol’s expected boost to restaking rewards.

EigenLayer operator P2P.org aims to woo restakers with a revenue-sharing program as competition mounts ahead of a planned boost to restaking payouts, P2P said on Oct. 16. 

In September, EigenLayer tipped plans to enhance rewards for restakers with “programmatic incentives” denominated in EIGEN, the protocol’s native token.

“The new revenue initiative is the first of its kind to be rolled out from a staking validator, and it comes as other infrastructure providers prepare to launch their incentive programs,” P2P said in the Oct. 16 statement. 

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Coinbase Ventures provided $1 million in funding for the new digital asset that tracks the Consumer Price Index, offsetting inflation.

Fragments, the developer that engineered the Ampleforth protocol, and the Ampleforth Foundation, have announced plans to introduce an alternative to fiat stablecoins, combining features of commodity-based money and peer-to-peer digital cash to provide a volatility-resistant digital asset called SPOT.

According to the technical documentation, SPOT’s volatility-reducing properties are achieved by segmenting the volatility of Ampleforth’s native currency, AMPL, into two separate assets through a process known as tranching.

The first of these assets, referred to as the “senior tranche,” is the low-volatility SPOT token. The second asset produced by the segmentation is a staked version of AMPL, called the “junior tranche,” and acts as a sponge that soaks up the lion’s share of network volatility, thereby shielding SPOT from significant price swings.

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The decentralized autonomous organization claimed Shkreli’s livestream of a one-of-a-kind Wu-Tang Clan album owned by the DAO caused undue damage.

PleasrDAO, a decentralized autonomous organization known for collecting digital and physical art, sharing ownership between DAO members, and donating to charitable causes, has filed a lawsuit against 'pharma bro’ Martin Shkreli.

The lawsuit was filed in response to Shkreli hosting an X spaces event on June 9 and allegedly live-streaming what was previously thought to be a one-of-a-kind Wu-Tang Clan album, acquired by PleasrDAO in 2021, to listeners in the virtual meeting room.

PleasrDAO is now accusing Shkreli of causing undue damage to Pleasr, citing “significant monetary and irreparable harm” in their official complaint:

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