KaiaChain Wave Stablecoin Summer Hackathon Deadline Approaching

**Botanix Labs launches stBTC**, introducing a yield-bearing Bitcoin standard that allows Bitcoin holders to earn returns on their holdings. The launch represents a significant development in **Bitcoin DeFi (BTCfi)**, enabling previously idle Bitcoin to generate yield through staking mechanisms. **Key developments:** - stBTC provides liquid staking for Bitcoin - Unlocks potential yield from Bitcoin's $1.9T+ market cap - Integrates with Babylon Labs staking infrastructure - Enables additional yield farming opportunities This marks a shift from Bitcoin's traditional store-of-value role to an **active yield-generating asset**, potentially transforming how institutional and retail investors approach Bitcoin holdings.

**ThetaNuts Finance** has launched its V4 platform featuring a **flywheel RFQ engine** that strengthens with increased usage. The system transforms every trade into fuel for a **self-reinforcing liquidity mechanism**, creating stronger market depth over time. **Key Features:** - Chain-agnostic architecture - Trustless operations - Composable design - Forms the backbone of the Theta System The flywheel concept builds momentum through usage - **the more traders participate, the more robust the liquidity becomes**. This creates a positive feedback loop benefiting all platform users. The RFQ (Request for Quote) engine enables efficient price discovery while maintaining decentralized operations across multiple blockchain networks.

**Electroneum takes a mobile-first approach** to blockchain adoption, combining familiar Web2 user experiences with Web3 infrastructure. **Key insights from Chain Reaction episode:** - Mobile accessibility drives real-world crypto adoption - Web2 familiarity reduces barriers for everyday users - Background blockchain integration improves user experience **The strategy focuses on:** - Onboarding mainstream users through intuitive mobile interfaces - Hiding complex blockchain mechanics from end users - Creating seamless transitions from traditional to decentralized systems This approach positions Electroneum as a potential bridge between traditional mobile users and Web3 functionality. [Watch full episode](https://www.youtube.com/watch?v=dTafcHf_xp4)

**Asphere becomes first RaaS provider to support Agglayer CDK Erigon and OP Stack** Ankr's Asphere platform now offers builders more deployment options with Agglayer integration. The update brings enhanced performance and ZK flexibility to rollup deployment. **Key Agglayer benefits:** - Geth-powered infrastructure (50%+ ETH client market share) - 60M+ gas/sec sustained throughput - Custom native gas tokens - No 7-day withdrawal delays - Optional ZK validity proofs with Plonky3 **Target users include:** - DeFi teams needing higher throughput - Data-intensive applications - OP Stack builders migrating to ZK - Teams wanting sovereign mode capabilities The no-code deployer maintains its core mission: **simplifying rollup deployment** so developers can focus on building rather than infrastructure complexity. [Learn more about Agglayer integration](https://www.ankr.com/blog/expanding-our-no-code-blockchain-deployer-with-agglayer/)