DAOs / Game / IC

Crypto Big Event Preview March

May 02, 20236 min read

Ether Upgrade

Ether Shanghai Upgrade the Shanghai Upgrade is the most powerful narrative and public expectation in the market in the near future. There will be 3 test network upgrade tests (Zheliang-Sepolia-Goeri) before the main network’s Shanghai upgrade. Today Sepolia’s Shanghai upgrade was successfully activated. If the previous rhythm of advancing one test network every three weeks continues, Goerli, the most visible and engaged test network, will activate the upgrade on March 21. This would also mean the Shanghai upgrade of the leading network could happen in April. Related investment targets we have already mentioned at the end of January (SETH, SLDO, SRPL, SSWISE, ANKR, SFXS, SSSV, etc.). While waiting for the upgrade to arrive, readers are also looking for changes in the macro environment, such as the new interest rate decision meeting and the economic outlook, which will take place on March 22.

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DEEIveam.finance (SYFI) — The Yeam team recently stated in the community that the upcoming VETH token would give users access to a basket of collateralized liquidity securities (LSDs) in the Greater Square as the LSD sector gains traction with investors. VETH is essentially a way for users to diversify their exposure to single LSD while generating additional revenue for veYF stakeholders through Yeam’s volume veCRV positions in the Curve Pools with the subsequent launch of VETH. It should be noted that the exact timing of the VETH product push has yet to be disclosed. v4 development is divided into five phases and is currently in its second milestone (M2) and is expected to go live on the personal test network (M3) at the end of March dYdX (SDYDX) Completion of the third milestone Nexus Mutual ($NXM, $wNXM) Neuxs Mutualv2 Phase 1 The final phase of the v2 upgrade will begin on March 6, with the migration of the intelligent app from v1 to v2 and the UI upgrade, all of which are expected to be completed by March 10 The v3 upgrade to Snthetix ($SNX), initially scheduled for March, was deployed on the Ethernet mainnet and Optimism ahead of schedule on February 23. v3’s key iterations include adopting the CDP model, increased depth of on-chain transactions through atomic rewinding, support for creating permission less spot market, and clearing and reward improvements to Ondo Finance (sONDO). Ondo Finance officially launched its new protocol Flux Finance in February and issued OUSG (US Short Term Treasury Fund), formally bringing its bond-based products to the blockchain, with OSTB (Short Term Investment Grade Bond Fund) and OHYG (High Yield Corporate Bond Fund) expected to follow in March/April

Game

Fliecoin ($FIL) will release FEVM on March 14, enabling developers to deploy EVM contracts on the Filecoin mainnet via FEVM. Existing Ethereum T will be compatible with Filecoin, and user-deployed actors can interact with Filecoin’s built-in actors and access Filecoin functionality. Cosmos (ATOM) has previously proposed activating the Replicated Security feature that has passed. Cosmos Hub is expected to undergo a v9ambda upgrade on March 15 that will enforce operational rules pushed from the security piece 1CS) that will allow other consumer chains to benefit from the security of Cosmos Hub without having to maintain their authenticators. In exchange for this service, consumer chains are expected to send a portion of their fees and inflation to Cosmos Hub validators and delegates, and these tokens will be included in Cosmos Hub’s prime ownership rewards, facilitating ATOM’s access to more value if subsequent multiple consumers start to rely on Cosmos Hub’s validator network.

Game&NFT

Game

Paralellie (SPRIME) will open its SPRIME tokens for circulation on March 1. Parallel life, a collectable card game from Co Redback, previously closed a $50 million funding round led by Paradigm at a $5 valuation. This is one of Paradigm’s few outings in the gaming space. Parallel life airdropped tokens to 60,000 addresses that hold its cards NFT. The total circulation of SPRIME tokens as of March 1 was approximately 200 million (total supply ~1.1 billion). Yugalabs (SAPE) Yuga Labs announces the launch of the NFT series TwelveFold on the Bitcoin Block Shoes based on the FOrdinals protocol. The TwelveFold auction will launch later this week, with details and exact timing to be announced 24 hours before. In addition, SAPE will unlock 40 million tokens on March 17, representing 4% of the total, or $232 million. Huvium (SIylluvum will launch its new NFT collection game Bevond on March 7, an interactive and competitive paper game, even Fluvitar (a PEP project offered by vum), where players can improve their ranking on the leaderboards by acquiring rare avatar NFT collections to be ranked in the ovum used (including two Bevond is currently open for registration. The launch of this game may further enhance the playability and more interactive nature of the ovum. LooksRare ($lOOKs) will be unlocked on March 25 ~12.500.000 SLOOKS (worth $2.4 million at the current $0.19), representing 1.25% of the total supply. The unlocked tokens are all from the treasury. Stargate will implement a 1-for-1 SSTG token exchange program on March 15, which aims to “eliminate the risk of illegal transfers of STG from the land of Almada” by replacing the SSTG tokens formerly held by Staroate Finance (sTG) with newly issued STG coins on a 1-for-1 basis. On March 17 2023, Alameda bought 10% of the total supply of STG tokens in the Staroate community sale with a verbal commitment to lock up the position until March 2025. However, recent in-row transfer data from Alameda’s wallet suggests that Alameda needs complete control of its wallet and that someone is illegally transferring funds. The Helium (SHNT) Helium Network will begin migrating to Solana on March 27. This upgrade will affect all wallets, Hotspots (Hotspots) Helium Network status and will take place during a 24-hour transition period, and existing Helium block dimensions will cease to operate during the 24-hour curfew on March 27, data transfers and Proof-of-Coverage activities will not be affected.

Umee (SUME) Cosmos Ecosystem Roadchain DeFi Protocol Umee announced the launch of the first phase of the Umee Gravitv Bridge shut down by the Court of 3 Megs and will work with Axelar in the future. Axelar Bride will be the official bridge between EdaFang and Comos. It is still possible to use Gravity Bridae to transfer tokens The Gravitv Bridge Umee to Ether Pit transfer asset feature will be disabled on April 1. E Time plans to shut down Gravity Bridge entirely by the end of May.

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