Dec. 7: Lantern Finance, a Web3 startup, has launched its user-friendly staking platform in 15 U.S. states, including major markets like California, Pennsylvania, Illinois, Virginia, and Massachusetts, according to the team: “Inspired by the cofounders’ experiences with the 2022 crypto bankruptcies, Lantern aims to redefine the crypto landscape with an emphasis on clarity, security, and regulatory adherence. The platform’s goal is to democratize access to crypto banking services, making complex tasks like staking and taking on loans accessible and intuitive for everyday users, while upholding the highest standards of safety and compliance.”
Dec. 7: Safe is joining forces with Sygnum Bank and CoinCover to launch Safe{RecoveryHub}, offering a suite of crypto recovery options ranging from fully self-custodial to fully custodial, catering to individual and institutional needs, according to the team: “With Safe{RecoveryHub}, users can recover access to their accounts through designated recoverers, which can be personal backup devices, family members and collaborators, also known as social recovery. In addition, trusted third-party services like Sygnum and CoinCover can be designated as recoverers to facilitate the recovery of assets in the case of lost keys.”
Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.
Namada Makes Initial NAM Token Allocations Under Retroactive Public Goods Funding
Dec. 7: Namada, a protocol that introduced to the world the concept of privacy as a public good, and scheduled to launch early next year, has initiated the Retroactive Public Goods Funding (RPGF) program, allocating 6.5% of its total NAM token supply to acknowledge and reward the invaluable contributions of individuals in the privacy, zero-knowledge (ZK) technology, and related ecosystems, according to the team. This distribution extends to:
– Developers of Zcash infrastructure.
– Rust dependencies vital for Namada.
-Contributors to various cryptographic protocols.
– Decentralized privacy solutions.
Dec. 7: HyperOracle integrates its zkOracle protocol with Polygon CDK, enhancing DeFi and on-chain AI capabilities, according to the team: “This collaboration enables the creation of advanced dApps, including decentralized stablecoins and AI-powered applications. Polygon CDK’s launch of ZK-powered layer-2 chains on Ethereum is augmented by HyperOracle’s zkOracle, offering verifiable compute and historical on-chain data access. The collaboration aims to drive innovation in DeFi, with HyperOracle co-developing a new zk-WASM based proving backend for Polygon CDK.”
Dec. 6: Beam, an open-source blockchain specialized for gaming and run by Merit Circle DAO, will now launch on Immutable zkEVM, a groundbreaking scaling solution powered by Polygon, according to the team: “Beam is an ecosystem and a blockchain. We want to remain chain-agnostic. Where we started as a subnet on Avalanche, we don’t want to limit ourselves to the Avalanche ecosystem. Right now, we’re working with Immutable to launch some of our products on the zkEVM, and integrate that network into our products as well.”
