Polymarket continues its impressive growth trajectory, with July 2024 marking significant milestones:
- Nearly $400M in trading volume
- Over 65,000 new user accounts created
The platform is now collaborating with UMA Protocol and EigenLayer to develop an advanced prediction market oracle system. This partnership aims to enhance real-world data verification and create more reliable truth systems for decentralized markets.
The initiative represents a significant step forward in making prediction markets more accessible and trustworthy for mainstream adoption.
Big day for @Polymarket. 馃コ Bigger day for open truth systems. Congrats to the team making verifiable primitives inevitable.
EigenLayer: Multi-Protocol ETH Restaking Innovation
EigenLayer introduces a groundbreaking approach to Ethereum by enabling simultaneous ETH restaking across multiple protocols. The platform creates new opportunities for protocol fees and rewards while enhancing network security. Key features: - Multi-protocol restaking capability - Enhanced cryptoeconomic security - Additional revenue streams for stakers The ecosystem connects restakers, operators, and developers in a collaborative model that prioritizes capital efficiency and reduced operational costs. This infrastructure supports future blockchain applications and network scalability.
EigenLayer's Global Community Engagement: Beijing and Mexico Highlights
EigenLayer continues its global community outreach with significant presence at key events: - **Beijing Showcase**: @yoyocao_eth presented EigenLayer's vision alongside @AnaTech_eth, supported by @ETHPanda_Org, @LXDAO_Official & @OurTinTinLand - **Mexico Highlights**: - @anatech_eth led Staking LA session on EigenLayer and Verifiable Cloud - @ariiellus represented at @ethcincodemayo - 9 teams built with EigenLayer - Collaborative events with @zksync, @Mantle_Official, and others - Community engagement through workshops and networking Events demonstrated strong builder participation and growing international ecosystem adoption.
EigenLayer: Revolutionizing ETH Restaking
EigenLayer introduces multi-protocol ETH restaking, enabling users to secure multiple protocols simultaneously with the same staked ETH. This innovation: - Expands cryptoeconomic security beyond core Ethereum - Creates new revenue streams through protocol fees - Improves capital efficiency for stakers The platform connects restakers, operators, and developers in a collaborative ecosystem, reducing operational costs while enhancing network security. *Key benefits*: - Increased returns for ETH stakers - Enhanced protocol security - Streamlined blockchain infrastructure Learn more about restaking opportunities at [EigenLayer](https://eigenlayer.xyz)
Weekly Verifiable Stack Updates - Eigen Times Report
Major developments across the verifiable technology ecosystem this week: - Active Validator Sets (AVSs) show significant scaling progress - New AI-crypto integration tools released - Fresh application primitives launched - Multiple testnet activities intensifying - Enhanced coordination mechanisms implemented The ecosystem demonstrates steady maturation with practical verifiability features now actively deployed rather than remaining theoretical. These updates signal continued momentum in infrastructure development and real-world applications. Credit: @satyaki44
EigenLayer's OB-1 AI Debugger and Studio Launch Transform AVS Development
OpenBlock Labs has demonstrated their AI tool OB-1's capability to debug EigenLayer infrastructure autonomously in just 10 minutes. This breakthrough coincides with the launch of EigenLayer Studio, an AI-powered development environment. Key updates: - OB-1: Automated debugging with zero human intervention - EigenLayer Studio: New AI-powered testing playground - Simplified AVS development for all skill levels - Verifiable cloud accessibility improvements Try EigenLayer Studio: [studio.eigenlayer.xyz](http://studio.eigenlayer.xyz) *This marks a significant step toward streamlining blockchain infrastructure development.*