Scroll_ZKP and Ethereum Foundation Donate $150K to ZK Grants Round
Scroll_ZKP and Ethereum Foundation Donate $150K to ZK Grants Round
Scroll_ZKP and the Ethereum Foundation are donating $150K to a shared prize pool in the first ZK Grants Round to encourage open-source development and research in zero-knowledge proofs and ZK powered L2s. The goal is to unify the L2 ecosystem by identifying shared needs and new standards. Developers and researchers can contribute through performance benchmarking, forced inclusion tools, and multi-prover systems. Anyone can apply with innovative ideas that meet the eligibility criteria.
At @Scroll_ZKP, we're committed to encouraging open-source development and research to advance and further the adoption of zero-knowledge proofs and ZK powered L2s. We're joining the @ethereum Foundation in donating $150K to a shared prize pool in the first ZK Grants Round 馃У
馃摚 The first ZK Grants Round is now open! The Ethereum Foundation, in collaboration with Aztec, Polygon, Scroll, Taiko, and zkSync, contributed $150K each to the shared prize pool, totaling $900K. Apply before March 18th! 馃憞 esp.ethereum.foundation/zk-grants
Scroll DAO Launches Delegate Accelerator Program
Scroll DAO has launched its Delegate Accelerator program, enabling token holders to participate in governance through delegation. This follows the broader trend of DAOs implementing delegation systems, as seen with Aragon's recent platform update. Key points: - Delegate Accelerator program is now accepting applications - Aims to improve DAO governance participation - Reduces gas fees through consolidated voting - Enhances decision-making efficiency The program builds on existing delegation frameworks like Aragon's voting system, which launched in late 2023. For more details and application information, visit [Scroll DAO's official announcement](https://blog.aragon.org/delegate-voting-is-live-on-the-aragon-app/).
Stablecoin Deep Dive Series with @razacodes
A comprehensive podcast series exploring the evolving stablecoin landscape has been released, featuring: - 7 new episodes totaling over 350 minutes - In-depth discussions with industry experts - Focus on practical applications and real-world implementation The series moves beyond basic concepts to examine: - Current market dynamics - Yield optimization strategies - Collateral management approaches - User experience improvements *Key highlight*: The discussions reflect the industry's shift from theoretical debates to practical financial applications.
Stablecoins Set to Revolutionize Traditional Banking
Sam Kazemian from Frax Finance discusses a pivotal shift in the financial landscape where payment stablecoins are becoming indistinguishable from traditional USD deposits. Key points: - The US GENIUS Act legislation marks a historic regulatory milestone comparable to 1800s banking reforms - Focus on low latency payments and yield streaming capabilities - Discussion of different approaches by major players (Tether, Circle, Frax) - Potential for stablecoins to modernize traditional banking infrastructure This comes as FD Labs emphasizes stablecoin adoption in emerging markets, projecting a $3 trillion market within five years. Frax is positioning to obtain one of the first payment stablecoin charters globally.
Tempest Finance Launches AI-Powered Vaults on Ambient Finance
Tempest Finance has launched AI-powered vaults on Ambient Finance, offering users simplified liquidity management through one-click optimization. The vaults are now natively deployed on the Scroll network. Key features: - Single-click liquidity management - AI-powered optimization - Native integration with Ambient's web frontend - Full deployment on Scroll network The integration streamlines DeFi operations for users seeking efficient portfolio management without complex manual adjustments.
Devcon ZK Connect Panel Highlights and Upcoming Events
At Devcon's ZK Connect panel, @yezhang1998 presented on ZK technology beyond rollups, covering: - Public verification of large computations - Developer experience improvements - TEE and ZK comparisons - zkEVM vs zkVM distinctions - Future applications in AI, email, and social login Upcoming events include: - WOW Summit: ZK in AI era with @yezhang1998 - Multichain Day featuring @_emjlin - Evening Fireside Chat with @chainlink and @razacodes Panel participants included representatives from MetaMask, Lita, nil, and Automata.