Scroll

ViFi Labs is developing decentralized FX infrastructure to address USDT premium markets, where digital dollars trade above bank USD rates. The project aims to solve liquidity challenges in emerging markets through: - Dual token system for local currency pairs - Integration with DeFi protocols - Focus on enterprise CFO and multinational corporation needs Key insights from their approach: - OTC desks face significant constraints in these markets - A $900K case study highlighted risks in current systems - Building from Africa presents unique talent/opportunity dynamics The solution could potentially unlock billions in onchain trade volume while addressing critical cross-border payment challenges.

Stablecoins sitting idle in wallets earn 0% while trading activity generates substantial fees. Automated Market Makers (AMMs) offer an opportunity to capture these fees through liquidity provision. Key points: - Earn passive yield by providing liquidity to AMM pools - Different approaches have varying risk-reward profiles - No lock-up periods required - Current yields range from 9.5-10% APY Learn more about yield generation mechanics and risk factors in our detailed analysis: [Full Article](https://stableschool.org/news/13)

Gelato Network and Morpho Labs have launched embedded crypto-backed loans on the Scroll network. The new service enables: - Direct crypto deposits and borrowing within existing applications - Instant loan processing with flexible repayment options - Seamless user experience without seed phrases - Zero gas fees for transactions The integration aims to reduce friction in DeFi lending by eliminating traditional barriers to entry. Users can now access lending services without leaving their preferred applications.

The Scroll DAO Delegate Accelerator application deadline has been extended to June 27th. This 7-week program offers: - Hands-on governance workshops - Direct mentorship from experienced delegates - Mock voting sessions - Proposal analysis training - Gamified skill-building quests Program details are available on the [Scroll forum](https://forum.scroll.io/t/scroll-dao-delegate-accelerator-program-execution-plan/826). [Apply now](https://app.deform.cc/form/5e670c2f-179c-4041-a37c-037216e5b8c2/?page_number=0) to join the next generation of DAO delegates.

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.