DeFining news: April 7th, 2023

DeXe Protocol
2 min readApr 7, 2023

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Yes, DOGE price has exploded after Elon Musk changed the logo of Twitter to the Doge image — and then fell back down even before the image was changed back. What’s the next meme stock to randomly go up based on a billionaire’s whim?

As stETH withdrawals are about to begin with the Shanghai update on April 12th, the withdrawals from a shared/liquid ETH staking platform, Lido, are apparently at least a month away.

Fresh from the overwhelming defeat of AIP-1, Arbitrum’s core team is revising its Foundation funding proposal to include a detailed $36M annual budget and a four-year vesting schedule.

Several DEX projects are trying to implement better order books with limit orders, higher throughput, and other features traditional CeFi traders are used to.

In swap wars news, PancakeSwap’s v3 is launching on both BNB and Ethereum.

Avalanche’s “Evergreen” subnet aims to connect institutions to the blockchain.

Hacker of Sentiment returned 90% of stolen funds just like the hacker of Euler earlier did (the projects each offered 10% as a reward for the hacker to “do the right thing”).

Are NFTs becoming just another financial market? With OpenSea about to launch its Pro version, questions mount.

zkSync deposits topped $110M — worth the hype?

Is BNB especially rug-friendly? According to Immunefi, 73.3% of rug pulls in Q1 happened on BNB.

Stay tuned!

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DeXe Protocol
DeXe Protocol

Written by DeXe Protocol

An innovative infrastructure for creating and governing DAOs.

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