Scroll

**Most stablecoins lack proper stress testing** for extreme market conditions, according to MixBytes audit expert Dmitriy. **Common collapse patterns follow predictable order:** - Oracle failures strike first - Collateral mechanisms break down - Liquidation mathematics fail **Key vulnerabilities identified:** - Yield-bearing stablecoins carry hidden risks - Cross-chain distribution creates new attack vectors - Price feed dependencies remain fragile **Resilience factors that matter:** - Circuit breakers for emergency situations - Robust oracle design architecture - Proper collateral backing mechanisms **CurveUSD's stabilization mechanism** shows promise among current designs, while traditional audit approaches evolve to include AI-assisted analysis. **The reality:** Building stablecoins today requires understanding CEX liquidity, regulatory frameworks, and tokenized asset efficiency - far beyond the experimental collateral mechanisms of 2021.

**USX**, the first ZK-powered neodollar, has launched as an omnichain asset built natively on Scroll. **Key Features:** - Privacy-first design using ZK proofs and Cloak technology - Cross-chain compatibility powered by LayerZero - Gasless transactions for seamless user experience - ~12% yield through tradfi and defi strategies **What Makes It Different:** Unlike traditional stablecoins, USX functions as productive money that can be: - Used for payments through partner integrations - Kept private with built-in privacy features - Earned on through yield generation **Rollout Timeline:** Pre-deposits launching soon, with full integrations rolling out through Q4-Q1. USX aims to deliver what physical cash should be - *usable, private, and productive* - but in digital form across multiple blockchains.

**USX officially launches** with two key features that differentiate it from traditional cryptocurrencies. The new digital currency offers: - **Gasless transactions** - no network fees for users - **Private transactions** - enhanced privacy protection - **10-15% staking yields** when tokens are staked Integration with **Ether.fi Cash** is planned for Q1, allowing users to spend USX directly. The project positions itself as *crypto that feels like money, but works even better than money* - targeting mainstream adoption through improved user experience.

Scroll has launched a comprehensive Delegate Accelerator program to train the next generation of effective DAO delegates. The 7-week curriculum includes: - Interactive workshops - One-on-one mentorship with veteran delegates - Practical experience through mock voting - Skill-building through gamified challenges **Key Details:** - Application deadline: June 23rd - Program focus: DAO governance and delegation - Goal: Building the Open Economy [Apply for the program here](https://app.deform.cc/form/5e670c2f-179c-4041-a37c-037216e5b8c2/?page_number=0)

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.

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.

Scroll, a zk-Rollup solution, currently boasts the fastest finality among its peers. The team is now setting an ambitious goal to achieve 1-minute-finality by the end of 2024, further enhancing its performance. - Scroll currently leads in finality speed for zk-Rollups - Team targets 1-minute-finality by end of 2024 - @sandyzkp shared insights in a @nasdaq @TradeTalks interview For more details, watch the full interview with @JillMalandrino on @Nasdaq's @TradeTalks: https://x.com/i/broadcasts/1kvJpbVDaLZKE

In a recent podcast with @TheBlockPods, our co-founder @sandyzkp shared insights on the future of rollups in blockchain technology: - The debate between Optimistic and zk-Rollups continues - @sandyzkp predicts all rollups will eventually converge towards validity-proven execution - This shift suggests a potential evolution in blockchain scaling solutions Key points to consider: - Current advantages of Optimistic Rollups - The growing importance of validity proofs - Implications for blockchain scalability and efficiency For a deeper dive into this topic, listen to the full podcast with @fintechfrank.

The Level Up Mini-Hack, a collaborative effort between EasyA and Scroll, concluded successfully. Here's a brief overview: - **Participation**: Over 300 developers joined the event. - **Projects**: 50+ projects were submitted across various categories. - **Categories**: Included DeFi, Gaming, and Social applications. - **Highlights**: Notable projects featured innovative uses of zero-knowledge proofs and layer 2 scaling solutions. The event showcased the growing interest in blockchain development and the potential of Scroll's technology. Participants gained hands-on experience with Scroll's ecosystem. **Next steps**: Stay tuned for announcements about future hackathons and development opportunities with Scroll and EasyA.

Sandy, co-founder of Scroll, is set to speak at Mainnet 2024 in New York City on October 1st at 11:50 AM EDT. The session will focus on the challenges of Web3 mass adoption and potential game-changing solutions.n nKey points:n- Event: Mainnet 2024 in NYCn- Speaker: Sandy, Scroll co-foundern- Date: October 1st, 11:50 AM EDTn- Topic: Web3 adoption challenges and solutionsn nThis follows Sandy's previous appearance at FORESIGHT 2024, where he discussed ZK breakthroughs and their impact on scalable blockchain applications.n nAttendees can expect insights into:n- Current barriers to Web3 adoptionn- Potential strategies to overcome these challengesn- The role of ZK technology in scaling blockchain applicationsn nDon't miss this opportunity to gain valuable insights from a leading figure in the Web3 space.