Layer3

Terminal Finance has launched on Layer3, introducing a new liquidity hub for trading yield-bearing stablecoins and institutional assets. The platform operates on Converge and is powered by Ethena technology. - **Key Features**: - Trading of yield-bearing stablecoins - Access to institutional assets - Integration with Converge platform Users can now explore Terminal's features through Layer3's interactive platform at [Terminal Finance on Layer3](https://app.layer3.xyz/activations/intro-to-terminal-finance). This launch follows Layer3's successful partnership with Superfluid earlier this year, demonstrating continued platform growth.

Layer3's CUBEs credential system continues its multi-chain expansion with recent launches on several networks: - **Sei Network**: First parallelized EVM chain deployment, focusing on speed and scalability - **Katana**: New integration enabling asset bridging and DeFi liquidity access - **Zetachain**: Implementation on the universal blockchain platform Users can now mint credentials across these networks, with each integration offering unique features and capabilities. The expansion demonstrates growing cross-chain credential functionality. [Mint your CUBE on Sei Network](https://app.layer3.xyz/activations/cube-on-sei) [Access Katana Integration](https://app.layer3.xyz/activations/cubes-on-katana) [Explore Zetachain CUBEs](https://app.layer3.xyz/quests/cubes-on-zetachain)

A new initiative aims to standardize credentials across blockchain events and conferences. This unified approach will help: - Streamline event registration processes - Enable cross-event recognition of attendee status - Reduce duplicate verification requirements The system will leverage blockchain technology to create verifiable, portable credentials that work across multiple platforms and events. Early adoption is expected from major Ethereum conferences and community gatherings. *Implementation begins Q2 2025*

Layer3 is preparing to launch a new wallet solution addressing key Web3 pain points: - **Automated Gas Fee Management**: Streamlined transaction fee handling - **Auto-Compounding**: Automatic reinvestment of earnings for optimal returns - **Cross-Chain Integration**: Single interface for managing multi-chain assets The wallet builds on Layer3's previous auto-compound feature for EigenLayer, which automatically converts $EIGEN rewards to $ETH while minimizing gas fees. *Launch date to be announced.*

Layer3's Consumer Hub expands with two notable additions: - **Soneium**, Sony's Layer 2 solution, launches CUBE NFT minting - **Ink** platform introduces its own CUBE collection Both platforms now offer interactive experiences through Layer3's ecosystem, making web3 more accessible to creators and users. *Key Updates:* - Mint Soneium CUBE: https://app.layer3.xyz/quests/cubes-on-soneium - Collect Ink CUBE: https://app.layer3.xyz/quests/cubes-on-ink Visit Layer3 to explore these new digital collectibles and join the growing creator ecosystem.

Layer3 has significantly increased its rewards program, offering $500,000 in prizes before the end of 2024. This represents a substantial boost from their previous $65,000 reward pool announced in July. - Rewards are available to all participants - Program runs through December 2024 - No prior web3 experience required This initiative aims to encourage broader participation in web3 exploration through interactive experiences. Participants can earn rewards while learning about blockchain technology and digital assets. *Join now to maximize your earning potential before the year-end deadline.*

Layer3 has announced that #L3 is now live on Solana using Wormhole's NTT framework. This integration enables: - 1:1 peg with Ethereum #L3 - Utility on the Solana network - Secure multichain transfers via Wormhole - Integration with Solana's DeFi ecosystem Key points: - Token migration coming soon via Wormhole Native Token Transfer - Separate Solana-focused app, part of unified Layer3 ecosystem - New features enabled by Solana's fast, low-cost transactions - Partnerships with top Solana projects (DEXes, LSTs, wallets) Users can now open their first Daily Loot Box on Layer3 Solana.

Layer3 announces a partnership with Backpack's all-in-one wallet on the Arbitrum network. This collaboration aims to enhance the onchain experience for users. Key points: - Layer3 is now featured on Backpack's Explore page - Users can discover the Layer3 x Backpack integration on Arbitrum - An introduction quest is available for users to learn about Backpack wallet This partnership represents a step forward in making web3 more accessible and user-friendly. Interested users can explore the integration and complete the introductory quest to familiarize themselves with Backpack's features. For more information, visit: https://app.layer3.xyz/quests/introduction-to-backpack-wallet

A significant partnership has been announced between Arbiscan, Robinhood, and Layer3. This collaboration aims to enhance the web3 experience for users: - **Arbiscan**: Provides blockchain explorer and analytics platform for Arbitrum - **Robinhood**: Popular trading app expanding into crypto - **Layer3**: Platform for discovering and exploring web3 The partnership likely focuses on: 1. Improved blockchain data accessibility 2. Seamless integration of trading and blockchain exploration 3. Enhanced user education in web3 technologies This collaboration could potentially simplify the web3 experience for both newcomers and experienced users, bridging the gap between traditional finance and decentralized technologies.

Arbitrum's Long Term Incentives Pilot Program (LTIPP) has shown significant impact: - 1.9M+ onchain actions - 60K+ unique accounts - Nearly 100 dapps involved The program utilized CUBE credentials, Gitcoin Passport, and Warpcast for onchain identity attestation. CUBEs are emerging as a powerful anti-sybil tool. Beyond LTIPP, more incentives have been issued on Arbitrum this year. The platform continues to evolve, with new experiences and incentives planned for the future. *Stay tuned for upcoming developments on crypto's leading L2.*