Clarification on Consensus Model for Earning Points on Octav
Clarification on Consensus Model for Earning Points on Octav
Octav's consensus model for earning leaderboard points is clarified. Points can only be earned for correctly validating transactions that have reached a consensus among other Octav community members and have been verified by the machine learning algorithm. Consensus is reached when a minimum of five different wallets validate transactions that interact with the same smart contract. Once consensus is reached and the transaction is reviewed by the Octav team, points are distributed the following day. Only correct validations that have reached consensus and reviewed by the team will earn points.
Moody's Pilots Automated Credit Scoring on Solana
Moody's Ratings has launched a pilot program for real-time, automated credit scoring on the Solana blockchain, marking a significant shift from traditional quarterly manual assessments. Key changes: - Moving from manual to smart contract-based assessments - Real-time updates replace quarterly reviews - Transparent infrastructure instead of traditional middlemen This development follows growing momentum in tokenized private credit, which promises: - Shorter margin cycles - Lower collateral requirements - Reduced capital costs - Increased liquidity The transition awaits regulatory clarity on legal enforceability of smart contracts in relation to off-chain assets.
Octav Launches Portfolio Management Platform for DAOs and DeFi Funds
Octav has introduced a comprehensive DeFi portfolio management solution targeting DAOs, funds, and on-chain treasuries. The platform offers: - Real-time wallet position reporting - Protocol-level tracking of staked assets and yields - Percentage allocations across tokens, networks, and protocols - Automated financial reporting for DeFi operations The tool aims to streamline portfolio management for crypto-native teams, shifting focus from data collection to strategic capital deployment. Learn more at [Octav.fi](http://octav.fi)
Sea Salt & Smart Contracts Kickstarts EthCC 8 in Cannes
A beachside gathering marked the beginning of EthCC 8 in Cannes, drawing over 300 Web3 builders and enthusiasts. The event, co-hosted by Octav alongside Mellow Protocol, RedStone DeFi, Symbiotic Finance, and Gearbox Protocol, featured: - Sunset networking on Cannes beach - Extended queues demonstrating high attendance - Casual cocktail discussions about blockchain innovation The momentum continued through EthCC 8 and into ETHGlobal Cannes, maintaining focus on DAO operations and on-chain portfolio management. Partners including Arkham, Portofino Tech, and Tron DAO contributed to subsequent networking events.
Lido's Gearbox Instance Hits $25M TVL After Launch
Gearbox Protocol has launched a dedicated instance for Lido, reaching $25M in TVL shortly after launch. The integration creates a new wstETH credit market powered by Mellow Protocol vaults. Key features: - Up to 20x leverage for borrowers using Mellow markets - Lenders can provide wstETH without impermanent loss or lockups - Annual rewards available on DVstETH (14x) and rstETH (20x) The partnership showcases Gearbox's institutional-grade features: - Customizable rates - Deep liquidity - Security-tested infrastructure - No liquidity fragmentation [Learn more about the Lido instance](https://blog.gearbox.fi/lido-instance-2/)
Overnight Finance Introduces Batch Transaction Editing
Overnight Finance has launched a new feature enabling users to edit multiple transactions simultaneously, marking a significant improvement in transaction management efficiency. - Users can now select multiple transactions at once - Single-click transformation of transaction attributes - Supports bulk changes to transaction types and protocols - Streamlines reconciliation process This update builds on previous improvements to their transaction handling system, including the Zapin feature that allows consolidating multiple transactions into one.