The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao’s aggressive expansion of the DAI credit line. The proposal, initiated by the Aave Chan Initiative (ACI) team, suggests setting the loan-to-value (LTV) ratio for DAI to 0% across all Aave […]
Ethereum Issuance Reduction Proposal Prompts Fierce Crypto Community Criticism
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A recent article by Mike Neuder, an Ethereum Foundation researcher, highlights that Ethereum issuance should “preserve the viability and proportion of solo stakers.” Ethereum Issuance Curve […]
Japanese Crypto Influencer Calls Ethereum Improvement Proposal 4844 a ‘Layer 1 Middle Ground’
According to Mai Fujimoto, a Japanese crypto influencer and co-founder of Intmax, the Ethereum Improvement Proposal (EIP) 4844 – also known as proto-danksharding – have emerged as a solid solution for addressing the Ethereum network’s scalability challenges. The EIP 4844 is also significant for scaling solutions such as zero-knowledge rollups (zkrollups) and Layer 2 chains […]
Arbitrum Proposal to Fund Tornado Cash Developers Defense Withdrawn
A proposal aiming to contribute to funding the legal defense of the developers of Tornado Cash, the Ethereum-based mixing platform, was removed by the Arbitrum community over apparent legal concerns. Devansh Mehta, lead of the working group of the Arbitrum treasury, criticized the move, stating that there was “absolutely nothing wrong with paying for the […]
Proposal: Host 3rd-Party Blocks in Gutenberg’s GitHub Repository
Matias Ventura, Gutenberg’s Lead Architect, recently made a pitch to incorporate some 3rd-party blocks in the Gutenberg GitHub repository: “There’s a growing subset of blocks that we may contemplate creating that are either more niche or—for various reasons—not necessarily an immediate fit for the bundled library in core. This would …