4 min read

DeFi Developer News 2/26-3/1: Perpetual Protocol Audit Contest, MEV-Boost 1.7 (Required Upgrade), Frog Makes Frames Easier

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Grants & Contests💰

  • Perpetual Protocol launched a security audit contest for Perp v3 with 150k USDC in rewards. The contest started on Feb 26 and will end on Mar 18.

Hackathons & Events 🧑‍💻

  • Solana Renaissance Hackathon is a global Solana hackathon running from March 4 to April 8. There are prizes & pre-seed funding up for grabs.
  • Colosseum published the Solana Renaissance Hackathon developer resources page, a one-stop shop for everything technical builders will need during the competition and beyond.

Research 🧑‍🔬

  • 0xAphaist published Frequent Batch Auction on SUAVE.
  • Ethereum researchers released a paper to present a game theoretic model of simultaneous liquidity provision by passive LPs

Tooling 🛠

  • Celenium 1.7 is out. This version brings enhancements for Celestia users, including a validators list & pages, a revamped block page with events, a transaction tab with filters, etc.
  • Paradigm developer Gakonst released Frog, an open-source framework for Farcaster developers to build "performant and lightweight Frames in just a few blocks of code."
  • Remix v0.44.0 is out. The release enables saving deployed contracts, Sindri integration, and Vyper compiler updates.
  • Eiger has released its first series of Celestia creates for Rust developers.
  • Squads introduced Squads Github Action for program upgrades. Teams can now propose a new program upgrade directly when running their customized workflow.

Education 🧑‍🏫

  • The Encode Club x Solana Bootcamp Spring cohort is live. This is a free, 6-week course starting on 25th Mar and offers deep dives into Rust, Solana's tech & hands-on project building.
  • Developer shafu published the "EVM from scratch" book. The book is open source and still a work in progress.
  • pcaversaccio wrote a short guide on how to get started with Vyper modules (Vyper v0.4.0 release coming soon).

Infrastructure 🏗

Ethereum

  • Nethermind released Juno v0.10.0. This update introduces experimental support for peer-to-peer (P2P) syncing on the Sepolia test network.
  • Reth 0.1.0-alpha.21 is out. This follow up release includes a fix of a critical bug during live sync that could lead to panic or a bad state, as well as OP-reth updates, performance improvements, and RPX fixes.
  • Nimbus v24.2.2 is out, a hotfix release addressing a consensus violation issue affecting Deneb-transitioned networks such as Holešky.
  • Geth v1.13.14 out, featuring minor blob pool polishes and the reduction of the blob pool capacity from 10GB to 2.5GB to avoid surprises during/after the Cancun fork.
  • Flashbots MEV-Boost release v1.7 is out. This is a Required upgrade for the upcoming mainnet Dencun fork on March 13 13:55:35 UTC.
  • Coinbase Cloud has begun rolling out support for Nethermind — with support for Erigon close behind.
  • Pontem Lumio is now on mainnet with EVM capabilities as ‘SuperLumio’ to join the Optimism Superchain.
  • Ethereum Dencun is scheduled for mainnet activation at epoch 29696, occurring March 13 13:55 UTC.
  • The Ethereum ACDE call #182 discussed testing updates for the Dencun upgrade and several candidate EIPs for the Pectra. 

L2s

  • Arbitrum ArbOs 20 Atlas upgrade will activate on Arbitrum Sepolia at 13:00 ET on Feb 29, 2024. Arbitrum Sepolia node operators need to upgrade to Nitro v2.3.0.
  • OP Chains Ecotone upgrade will launch on Thurs., March 14 at 00:00:01UTC. Node operators need to take steps to prepare for the upgrade.
  • Modulus Labs unveiled Remainder, a ZMKL prover that achieved a mere 180x proof generation overhead vs. the same (non-verifiable) computation on an M2 Mac.
  • The Elderberry upgrade is now live on Polygon zkEVM testent. The upgrade includes ROM optimizations that will reduce certain out-of-counter errors on the network.
  • Polygon Labs released Sepolia-anchored testnets for Polygon PoS and Polygon zkEVM: Amoy and Cardona.
  • StarkWare announced Stwo Pover, built based on the recent mathematical advancement of Circle-STARKs.
  • ArbOS 20 Atlas, which brings the Dencun upgrade to Arbitrum chains, has been activated on Arbitrum Sepolia as of Feb 29 2024 13:00 ET

Avalanche

  • Avalanche Developers started a HyperSDK Developer Community Call series. During last week's session, developers discuss details of the codebase, HyperSDK roadmap, and potential first use cases.
  • Connor Chevli, Avalanche's frontend tech lead, released Avalanche Warp Messaging and Teleporter updates, with C-Chain Testnet support and Subnet EVM support.
  • Avalanche Durango 2 is out. This version (v1.11.2) is backward compatible to v1.11.0. It is optional but strongly recommended for all node operators.

Security 👾

  • OpenZeppelin has launched Defender 2.0 into general availability. Defender 2.0 is a security platform that allows developers to code, audit, deploy, monitor, and operate blockchain apps.
  • OpenZeppelin Contracts 5.0.2 is out, with a fix to the Base64 library issue where dirty memory located just after the input buffer is affecting the result.

Bug Bounties 🐞

  • ZeroLend is a lending market on zkSync and Manta Network. The Bug Bounty Boost will go live on Feb 29 with 200,000 USD in the reward pool.
  • Ambire Wallet is a DeFi-focused smart wallet that aims to provide better UX than Metamask, while still having power user features.
    • Smart Contract: 3,000-80,000
  • Orderly Network is the permissionless liquidity layer for web3.
    • Smart Contract: 1,000-100,000
    • Websites: 1,000-10,000

Product Launches 🚀

  • Blast L2 mainnet is live. Early users can now bridge to Blast Mainnet and start to earn native yields, Blast Points (users), and Blast Gold (dapps).
  • Babylon Chain, a Bitcoin staking protocol that adopts the concept of native Bitcoin staking, launches testnet. Users can now stake Singet Bitcoin (sBTC) on Bayblon to get the Pioneer Pass NFT.
  • Arweave launched the testnet for Arweave AO, a scalable blockchain network built on its data storage platform.
  • Mint Blockchain, an L2 for NFTs, launches testnet for users and developers to bridge funds and deploy contracts.
  • Synapse launched testnets for Synapse Interchain Network and Synapse Chain.
  • Curve has deployed contracts for Llama Lend, Curve’s isolated lending markets. The UI is not live, users can interact directly with the code.
  • Ajna introduced the Juiced App, an automated deposit protocol for Ajna markets. Juiced vaults take a single asset (like DAI or WETH) into a Yearn Vault, which maximizes the user’s yield in the protocol and manages their deposit.

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