Hello, fellow Ethereans! How are you doing during these crazy and uncertain times? We hope you are all safe and sound as we go through this challenging pandemic period.

It was a pretty significant two weeks for Eth2 as the Prysmatic Labs Topaz testnet went live. This new testnet is running the full mainnet configuration for Phase 0 of eth2. Beacon Nodes are heavyweight nodes (like current eth1 node software) and validators are lightweight. To stake in Eth2, you can either spin up your own Beacon Node and point your validators at it or use a third-party one. In either case, you only need one Beacon Node but you will need a separate validator instance for every 32 ETH you plan to stake. What this means is that you can run validators on hardware such as Raspberry Pi’s or other mini PC’s but you will need a more beefy system if you want to run your own Beacon Node. Hopefully, that explanation provides some clarity!

In the meantime, Ethereum teams have been making good progress on Eth2. Eth2 multi-client testnet is up and running. So far, Prysm and Lighthouse have joined. Read Prysmatic Labs’s recap of the Topaz eth2 testnet, the usual code and pull request updates, upcoming work, and more below. Lighthouse latest testnet updates include an overview of the state of interoperability between the Eth2 Lighthouse client and others. Moreover, the next public testnet likely this week.

We’ve seen the Ethereum ecosystem flourish over the past weeks. A lot has happened! The Ethereum Meetup Support Program announced. This new program will enable the passionate community meetup organisers and members to play a role in the Ethereum mission. Dharma Introduced Social Payments: you can now use the Dharma app to send USD to any Twitter handle, regardless of where that person lives — even if they don’t have a Dharma account. Gnosis officially launched its protocol which is the result of two years of research and development. Furthermore, Gnosis is funding and supporting the public non-profit initiative Corona Information Markets, a decentralized prediction markets platform, with the aim of uncovering key information about the novel coronavirus. They’ve provided $50k in subsidy to create 50 information markets covering different aspects of the pandemic. This week, Coinbase released a price oracle that is a signed price feed that anyone can publish onto Ethereum where it can be used across various apps and protocols. Maker stability fees changed, now 6% for USDC, 0% for ETH/BAT, (DSR obviously still 0). 180+ individual donations, 580+ masks minted and $5700 USD raised — in addition to the $10K from the Decentraland team. The #CryptoAgainstCOVID effort was a big success! Read about it in Decentraland latest blog post. 0x Announces Matcha, a new trading platform that aggregates all DEX liquidity to give users the best price. Launching Q2 2020. Synthetic Labor is now available for Aragon DAOs with meTokens. New data from Brave show that European governments have not equipped their national authorities to enforce the GDPR. Compound Governance is now live. rTrees users planted 1541 trees for Earth Day. RequestNetwork hits 1m USD invoiced. All Gitcoin Grants Round 5 Match Payouts have been sent. Golem re-writing their codebase, migrating the token to be ERC20 compliant. On Monday, April 27th, the Keep team deployed the KEEP token contract and all custodial and staking contracts. On May 11th, tBTC will launch on mainnet using MakerDAO’s ETHBTC feed, giving the beacon a week to bootstrap security. Ocean protocol next release, Ocean Compute-to-Data, will be launched on May 19th. ENS Integrates new upload to IPFS tool: this new tool that allows users to upload files to IPFS and save the IPFS hash to their ENS records all directly from the ENS Manager. dYdX is launching Perpetual Contract Markets that enable trading of any non-Ethereum based asset. Futureswap, an exchange to trade 20x perpetual ETH futures went live. MetaClan, a crypto-native eSports clan built to inspire the future of gaming, is live on mainnet. PoolTogether introduced Pods which allow PoolTogether players to link their tickets together. If any ticket in the pod wins, the prize is split proportionally. Zerion launched the DeFi SDK, an open-source system of smart contracts that makes integrating protocols easier. SheFi, a DeFi educational program that is also a vehicle to donate funds to nonprofits that educate women in STEM programs, announced. And much more!

Preston, Raul and Terence from Prysmatic Labs joined the Into the Ether podcast to discuss Ethereum 2.0. They discussed where Eth2 development stands and what the testnet means. David Hoffman, COO of RealT, joined the show to talk about tokenizing real estate on Ethereum. Jinglan Wang and Karl Floersch, co-founders of Optimism, a new Public Benefit Corporation that builds on the lessons of the Plasma research and is implementing Optimistic Rollups, explained the transition to this new entity and its goals moving forward on Epicenter podcast. Mariano Conti of MakerDAO, head of smart contracts at MakerDAO, featured on Unchained, Rune Christensen joined recent OV Crypto episode. Tune it on!

And last but not least, a few days ago, Paradigm Citadel development team has deployed a node on Ethereum 2.0! A first step towards integrating Ethereum into Citadel application. Stay tuned for more exciting updates soon!

Ethereans, it seems like Ethereum 2.0 is so close that you can smell it at this point, right? More to follow!

Development

The technical side of Ethereum’s efficacy is 100% an engineering exercise - Vitalik Buterin

GitHub metrics:

Developer activity (from Coinlib.io):

Protocol updates

Ethereum Core Devs Meeting #85 [2020–04–17]

Berlin EIPs

2. Eligible for Inclusion (EFI) EIP Review

3. Berlin Timing

4. EIP-2565: Repricing of the EIP-198 ModExp precompile

5. EIP-2602: Disable null hash message verification for ecrecover precompile

6. EIP-2583: Penalty for account trie misses

7. Quilt Team’s Account Abstraction Announcement

8. Testing updates

9. EIPIP Survey

10. Review previous decisions made and action items (if notes available)

Progress and discussion on EIPs for Berlin. Beiko’s notes. Next call: May 1, 2020, 14:00 UTC.

Geth v1.9.13, with dynamic state snapshots if you use the flag.

Nethermind v.1.8.1 — receipts, bodies and state can be synced in parallel. WebSockets and HTTP run on the same port.

Nethermind v1.8.18 beta enables beam sync by default. Stay on v1.7.x for stable releases.

Quilt doc on account abstraction implementation plan.

A very rough transcript from the latest Stateless Ethereum call. You’ll need to have context for this to make sense.

An EIP1559 implementer call (predictable transaction fees for users plus ETH burn) on April 30.

Eth2.0 Call #38 [2020/4/23]

Testing and Release Updates Client Updates Testnets Research Updates Networking Spec discussion Open Discussion/Closing Remarks

Lots of talk of API standardizations. Ben’s notes.

There was also a call on API standardization. No video, but notes from Mamy and Proto.

Eth2 multi-client testnet is up and running. So far, Prysm and Lighthouse have joined.

Prysmatic Labs launches the Topaz testnet. This is a big deal because this is a full mainnet configuration testnet — you can participate by following the onboarding guide here.

Eth 2.0 Dev Update #48 — Prysmatic Labs: Recap of the Topaz eth2 testnet, the usual code and pull request updates, upcoming work and more.

Lighthouse Update #24: Testnet updates including an overview of the state of interoperability between the eth2 Lighthouse client and others. Next public testnet likely this week.

Chainsafe’s Lodestar client in TypeScript releases initial audit report from Least Authority.

Eth2fastspec, an optimization for transition speed to the spec.

An update to add atomicity to cross-shard transfers at EE level.

Lightweight clock sync protocol.

ConsenSys Launches New Eth2 Pages:

Development tools

Truffle v5.1.23 — Solidity stacktraces for debugging.

web3js v1.2.7 — new Websocket provider with auto-reconnect, lots of bugfixes.

OpenZeppelin Contracts v3, migrated to Solidity v0.6.

How to use accesscontrol.sol in OpenZeppelin.

OpenZeppelin to re-focus on security, thus deprecating its networkJS library, Gas Station Network libraries, and starter kits. Gas Station Network lives on at opengsn.org

OpenZeppelin test environment v0.1.4.

Two posts on inheritance in Solidity from Sheraz Arshad and Igor Yalovoy.

Source liquidity with the 0x API.

Quick start to building a governance interface for Compound.

Real time front end data with Embark’s Subspace library and Infura.

Using TrailofBits’ Echidna fuzzer to find transactions with high gas consumption.

For Pythonistas, a 3 part series to getting started in Brownie.

Getting revert reasons in an NPM package.

Post-lendfme, a defense of ERC777 tokens.

The lendfme attacker gave all assets (value ~25m USD) back, apparently because the attacker’s IP address was on a server from accessing 1inch’s frontend.

Hegic Options had a bug, and thus a function can never be called. It will reimburse its users for over 150 ETH that is locked forever.

Writing your first zk proof with circom and snarkjs from Iden3.

Brownie v1.7 — (python-based dev/testing framework). easy CLI github/EthPM package install. And a quick walkthrough of using OpenZeppelin contracts with Brownie.

Remix online and desktop IDE v0.10 — more e2e tests, dev node in browser, plugin improvements, publish to IPFS, async/await for script execution.

dshackle — Eth API load balancer.

Flash mintable asset backed tokens.

Upload to IPFS directly from ENS manager with Temporal.

How MeTokens personalizes with 3Box Profiles.

Loopring launches an API for their dex rollup.

Patterns for access control in Solidity.

Governance and new standards proposals

ERC2615: Non-funglible property standard.

ERC2612: Permit extension for ERC20.

A walkthrough of TheLAO, launching April 28. They’re using a TCRParty-fork called LAOScout to put startups on radar for funding from TheLAO.

Follow the EIPs repo.

Ecosystem updates

The Brooklyn, N.Y.-based firm known for incubating Ethereum projects is cutting “just over 90” people, a spokesperson confirmed.

“The global COVID-19 pandemic has deeply impacted the world’s health and livelihood”. “ConsenSys has carefully analyzed its business in relation to what is occurring globally. Like most of its peers, the company is seeing extraordinary uncertainty in the market, with businesses rebalancing priorities and reevaluating timelines.”

The move, word of which leaked out after a company town hall meeting Monday, follows a round of layoffs announced in February. Those cuts also shrunk the firm’s headcount by approximately 14 percent, the company said at the time. The numbers indicate that ConsenSys may have begun the year with just under 850 employees, and now retains just over 550.

“All key operational aspects of the business are preserved to ensure the development and service of key products and solutions,” the company said in its statement.

ConsenSys says affected employees will be provided two months of severance pay and career transition services.

The Ecosystem Support Program (ESP) is an expansion of the EF Grants program. In this post, the team gives an update on how they’re improving their processes, expanding communications, an overview of all the teams/projects that have already been funded and more.

Ethereum 2.0:

Ethereum 2.0 development is in full swing, with many teams working together to make Ethereum more scalable, resilient, secure, and of course introduce Proof of Stake! We’ve helped to fund a diverse bunch of 2.0 clients, as well as efforts toward interoperability, improving reliability and creating developer tooling. In addition to the grants listed below, Ethereum 2.0 work has been supported through recurring funding and other channels.

Eth2 Clients: $1,695,000

Eth2 Tooling & Other: $1,459,000

Read more>>>

Announcing the Ethereum Meetup Support Program.

Cloudflare is now a Rinkeby testnet signer.

Ideas for EthGlobal’s Hackathon.money.

Quarterly update from each EF team.

What is still lacking to replace WeChat with web3?

Transaction fees > uncle rewards for miners in March 2020. Obviously Black Thursday’s transaction fee spike contributed to this

Do we still need state channels?

Flight to stablecoins in 2020.

EPNS Game Theory Explained.

The State of Ethereum Treasuries.

Is MakerDAO Still Safe to Use?

How and Why to Self-Integrate Dai into Decentralized Apps.

DeFi Data and Visualization Resources.

Constant Function Market Makers: DeFi’s “Zero to One” Innovation.

Ethereum and the Evolution of Business

Ethereum, Chainlink Frogs and Sacred Social Contracts

Ethereal New York 2020 will now be Ethereal Virtual Summit 2020:

Projects updates

0x Announces Matcha: Match is a new trading platform that aggregates all DEX liquidity to give users the best price. Launching Q2 2020.

Managed Liquidity with 0x API:

Get Started with 0x API Today

As the decentralized finance space matures, developers are beginning to coalesce around standard pieces of infrastructure to power their products and services. Examples include node management tools like Infura and Alchemy or onboarding standards like Wallet Connect. For many teams trying to bring their product to market, liquidity sourcing — or where and how your product exchanges asset X for asset Y — is becoming an increasingly important infrastructure level decision for builders early in the product development cycle.

Much like onboarding or node management, liquidity sourcing will determine how accessible and how scalable your product can be as it gains popularity. Unlike traditional consumer applications, however, “scale” or “product-market fit” is not some far-flung end-state in DeFi. In fact, they’ve seen it achieved in a relatively short timeframe for many products, where just 100 MAUs can bring a product into the top tier of performance in terms of volume or total value locked.

Why does this matter in the context of liquidity sourcing? As it turns out, early decision paths that may seem easy at the moment can often lead to issues with scalability and performance shortly thereafter. These issues manifest themselves in the form of slippage, or the ability to swap asset X or Y for a reasonable price at scale. When developers choose a single liquidity source (e.g., Kyber or Uniswap), they are effectively handicapping their product’s ability to scale efficiently, and, more importantly, they are choosing to manage their product’s liquidity sourcing in-house in perpetuity.

As a result, small teams are massively increasing the scope of systems that are orthogonal to their core product experience, which often leads to wasted sprint cycles spent resolving the liquidity sourcing issues stemming from their original infrastructure design choice.

Connect to 0x API in minutes

0x witnessed this issue play out over and over for teams building products across DeFi, and that’s why they decided to create 0x API, a powerful tool that serves up aggregated decentralized exchange liquidity in a single endpoint. By having a professional team at 0x always thinking about liquidity sourcing, performance improvements, and developer experience, 0x API helps developers by moving from a state of managing liquidity to managed liquidity with 0x.

With managed liquidity, the team abstracts all the complexity associated with scaling your DeFi product from Day 1 by aggregating the best-in-class sources of liquidity and surfacing them through a straightforward yet robust set of API endpoints. Additionally, they’re always adding updates and features that not only improve the depth of liquidity you can offer users but also enable you to create enhanced user experiences as your product matures.

They believe liquidity sourcing in DeFi should be analogous to accepting online payments in eCommerce. In essence, developers should choose a simple API (like Stripe), integrate it into their product, and get back to doing what they do best: building beautiful, robust, and accessible financial products for the masses.

Get Started with 0x API Today.

Development Update: What’s Up With Aave? Aave reached $50M market size for the first time.

Liquidations Page

On a normal basis, liquidations occur automatically according to the smart contract. However, in response to the Crypto Black Thursday events, the team decided to include a user-friendly liquidation page that allows users to manually execute liquidations. This page will not normally be available, but if another Black Swan event like this happens, the liquidation page will be available so that users can come buy the collateral for a discounted price.

New Menu

The Aave UI gets sexier every day. Aave Design team has incorporated a brand new menu into the design updates, giving the user interface a much sleeker look.

New Homepage

The Design team also created a new homepage for the DApp to give users an overview of the available assets and total market size of the protocol.

Token Burn Page

It’s heating up outside and LEND is burning! All fees for borrowing and executing Flash Loans are redirected to burn the LEND token and decrease the monetary supply of LEND. The Aave Dev team has built a fun and imaginative interface so users can burn the LEND themselves!

Aave’s Risk Framework

Aave Risk team put together a comprehensive Risk Framework that describes their methodology for measuring risks, adding a new currency in Aave Protocol, and setting the risk parameters. It also includes a detailed risk assessment for each currency.

Aave x Metacartel Dragon Quest Talk:

Synthetic Labor is now available for Aragon DAOs with meTokens: meToken is a new primitive that allows Aragon DAOs to create their own currency, which they call “Synthetic Labor.” An Aragon DAO’s meToken can be used to pay for DAO services by external community members, and it can be used as a speculative financial vehicle for investors. meTokens are designed to create new revenue streams for Aragon DAOs and to assist them in discovering market-fit for their operations.

4 Political Trading Podcasts to Follow this Election Season: Augur Weekly — A Look at the Week in Political Betting, Augur News, and More.

2020 Political Prediction Conference

Augur v2 is planning to use GSN, however, there are currently only a few mainnet relayers running, charging ~70% (default) fees. The team would like to encourage the broader Ethereum community to begin run GSN relayers with a more reasonable fee for Augur v2.

More on Augur:

Guest AMA with Matthew Liu & Nick Poulden of Origin: Welcome to the next installment in our series of BAT Community-run AMAs. The ongoing AMA series on Reddit features various guests from the Brave and BAT teams, and now, guests from projects and causes that Brave collaborates with.

The most recent AMA took place on April 16th, and featured guests Matthew Liu (Co-founder) and Nick Poulden (Senior Engineer) at Origin, a sharing economy platform that enables buyers and sellers of goods and services to transact on the distributed, open web. The pair fielded both pre-submitted and live questions from Redditors about Origin Marketplace, the first marketplace built on Origin’s own protocol; and Dshop, Origin’s decentralized e-commerce storefront (which powers the new Brave Swag Store). Matt and Nick shared why they believe the world needs blockchain-based commerce and what they see to be the advantages over traditional solutions.

The next AMA will take place on Wednesday, April 29th, and will feature Evelyn Wendel, Founding Director of WeTap.

New data on GDPR enforcement agencies reveal why the GDPR is failing. New data from Brave show that European governments have not equipped their national authorities to enforce the GDPR.

Browser First-Run: iOS Edition.

Introducing the Coinbase Price Oracle. The Coinbase Price Oracle provides a critically important service to the DeFi ecosystem: a signed price feed available via the Coinbase Pro API.

Flight to stablecoins in 2020.

How Coinbase went international.

Our focus on the institutional space.

Discover all the ways you can earn crypto in one place.

Coinbase Custody rolls out support for Compound Governance.

Compound Digest - Governance is Live on Mainnet, ETHGlobal DeFi Hackathon, MYKEY Q&A:

Compound Governance is now live. The Compound team is no longer the administrator of the protocol; instead, all future modifications to the protocol will be proposed and voted on by the community. This is a milestone on the path to fulfilling our vision of an open protocol that can evolve in entirely new ways.

The community has put together a forum for open discussion on protocol changes. See compound.comradery.io to collaborate on proposals before you vote. In order to get started voting on proposals, see the Governance Guide — How To Vote on a Proposal.

Developers are highly encouraged to start building their own tools and interfaces to participate in governance of the protocol. For example, anyone can now build their own interface similar to the governance explorer on the Compound website.

To get started building, see the Compound Governance Quick Start Guide on Compound blog. It includes links to a GitHub repository that has some open source examples.

The First Compound Governance Proposal: A proposal to add USDT to Compound will be the first one to go through Compound’s new governance process.

Compound Voice AMA:

In other Compound news, the team held their first, experimental live-voice AMA. Robert Leshner, co-founder and CEO of Compound, answered community questions in the Discord. There were lots of great questions about what the future holds now that the protocol is governed by the community. The team also got a sneak peek of the first upcoming governance proposal, which they’ll likely see in the next week. Here is an MP3 download link of the AMA recording, in case you missed it.

Compound is Sponsoring ETHGlobal’s Hack Money Virtual DeFi Hackathon:

ETHGlobal, which hosts some of the most popular in-person Ethereum hackathons, is hosting its first virtual event, Hack Money. Starting in May, Hack Money is a DeFi-themed Ethereum hackathon, with more than $25k worth of prizes.

There will be 2 Compound bounties up for grabs, each worth $1000 of cUSDC:

Bounty #1 will go to the team that creates the best project that implements borrowing through Compound. This project can be an SDK, API, or application. See the Borrowing Quick Start Guide for an introduction to developing borrowing integrations.

Bounty #2 will go to the team that creates the best project that implements Compound governance. See the Governance Quick Start Guide for an introduction to developing governance integrations.

Hackathon participants can ask technical questions in the Compound Discord #development channel.

Robert Leshner and Calvin Liu will be hackathon judges and you’ll also see them on speaker panels. Registration for the event is now closed, but stay tuned for more announcements.

MyKey Q&A:

MYKEY provides a handy and secure smart contract wallet on multiple blockchains, to lower barriers and enable mass adoption.

In the interest of making access to blockchains easier, MYKEY provides key management and handling of gas fees, so developers can concentrate on the core of the application.

More Links & Discussions:

#CryptoAgainstCOVID results are in: A fantastic response from the community in the fight against the disease. 180+ individual donations, 580+ masks minted and $5700 USD raised — in addition to the $10K from the team. The #CryptoAgainstCOVID effort was a big success!

Behind the scenes with: Salmonomicon. The tips, tricks and secrets of Salmonicon’s creators revealed.

Dharma introduced Social Payments — a Twitter-native financial ecosystem. You can send USD to any Twitter handle, regardless of where that person lives — even if they don’t have a Dharma account:

The District Weekly — April 25th: News and updates from the district0x Network.

district0x Dev Update — April 14th, 2020: Development progress and product changes from district0x.

All Grants Round 5 Match Payouts have been sent:

Announcing Gnosis Protocol: Gnosis officially launched its protocol which is the result of two years of research and development. Gnosis Protocol is a fully permissionless DEX (decentralized trading protocol) that enables a new mechanism called ring trades to maximize liquidity. Ring trades especially improve liquidity for illiquid or “long tail” tokens such as prediction market outcome tokens, by facilitating trades not normally possible on traditional trading protocols.

You can try it out and trade today on Mesa, the first dapp built on Gnosis Protocol, or directly on smart contract level using this tutorial.

Great initiative by Gnosis: they fund and support the public non-profit initiative Corona Information Markets, a decentralized prediction markets platform, with the aim of uncovering key information about COVID-19.

Unraveling Golem’s The Next Milestone, Part I: The Next Milestone will not have an overthought new name, as it is simply, what Golem was always meant to be. So, The Next Milestone is Golem. For the time being, to avoid confusion, it is called New Golem.

New Golem proposes a more overarching platform for generalized distributed compute. One that focuses on developer experience and allows builders the freedom to build their own decentralized applications atop of a robust and innovative platform. Conceived and constructed as the next generation of a project that was already extremely ambitious and has been in the market for more than two years, New Golem opens up much broader possibilities than those that Legacy Golem or other platforms in the field of decentralized compute have been offering.

The Next Milestone is a reference implementation of a complete architectural vision, designed to be open, modular and based on industry standards where applicable. The vision leverages a structured approach including concept of principles, models, standards and building blocks, which are known from industry-standard architectural frameworks (e.g. TOGAF). The architecture itself is platform-agnostic and The Next Milestone’s implementation is meant to integrate well with client applications built using various software development frameworks.

Building it, the team has chosen a progressively decentralized approach. Golem Factory is the initial birthplace of the vision, and is responsible for defining patterns and standards, as well as providing reference implementations and setting the directions for the ecosystem. Once these are in place — community participation is fundamental, and this is why the team has chosen to redefine the Golem architecture from scratch, striving to make it open, coherent and clearly specified. Many projects and companies have chosen this approach before, as it allows for better onboarding. It also allows for proving a correct product-market fit, as projects are able to include those users that prioritize performance, or other factors, instead of just decentralization. Progressively decentralized building blocks will replace those that were previously run by the team.

The Next Milestone is an implementation of the Golem architectural concepts, built from scratch. It is written in Rust, which is a relatively new language, known for its speed, performance, and reliability, allowing Rust code to power performance-critical services.

New Golem allows for a multitude of use-cases to be built atop it, from decentralized compute platforms, data center providers, app stores to private networks (such as Golem Unlimited), and decentralized applications. The integration of client applications with the Golem Network is facilitated by four APIs (Market API, Activity API, Payment API and Identity API) and New Golem is a reference implementation of these. The client applications shall interact with these APIs following generic scenarios. The four APIs might come as no surprise for some of our most avid followers as they have already been part of Stone, and were hinted in the April 2019 AMA.

However, New Golem is a far cry from Stone. As aforementioned, the code is completely new as well as its architecture. The Golem architecture includes a concept of ExeUnits — modular execution environments hidden under a layer of common abstraction. New Golem’s MVP shall include a WebAssembly (WASM) ExeUnit — which is designed to allow hosting and execution of standardized WebAssembly code packages, thus enabling developers to quickly jump aboard the platform. But the WASM ExeUnit is only one of several others, as a VM ExeUnit.

In addition, an independent development shop has been commissioned to build the first application atop New Golem, which will be launched together with the (new) Golem MVP. This is meant to get New Golem into a production-ready version faster than most software development processes go. Additionally, the app this independent team is building is a compelling use-case to be launched together with the MVP, in the second half of the year.

The Keep and tBTC launch plan.

On Monday, April 27th, the team deployed the KEEP token contract and all custodial and staking contracts. Keep custody and staking partners, including Coinbase and Anchorage, will begin their next phase of diligence on mainnet. Tokens to the team and purchasers will be distributed following their vesting agreements, enforced on chain.

On Monday, May 4th, the Keep random beacon, and token dashboard will be deployed. This timeline gives token holders a week to set up custody on mainnet and graduate from staking on testnet to mainnet. Once 64 operators have begun staking, the genesis relay entry of the random beacon will be generated — the first of a long line of random numbers used to secure apps built atop the network. Operators can prepare for tBTC, pooling their ETH to back deposits.

On Monday, May 11th, tBTC will launch on mainnet using MakerDAO’s ETHBTC feed, giving the beacon a week to bootstrap security. At launch, the dApp will limit deposits to small lot sizes, growing over the following weeks. DEXs, DeFi integrations, and anyone calling contracts directly will be able to mint freely immediately, balancing the need for a safe, slow start.

How to Play for Keeps: Learn to stake and win KEEP with community contributions.

How the KEEP Token Works.

The Importance of Randomness: Keep’s Role in tBTC.

How to get KEEP — Stake ETH.

tBTC Will Never Liquidate Your Bitcoin.

Why tBTC’s Collateralization is a Strength.

Multiple Lot Sizes Make tBTC Reliable and Accessible to Everyone.

Kleros (PNK) is now available on Kyber Network.

SelfKey (KEY) is now available on Kyber Network.

Executive Vote: Lower USDC SF, Lower USDC LR, Whitelist Oracles, Raise Dai DC, Raise GSM Delay, Deactivate MKR Oracle in SCD: The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to approve the following alterations to the protocol.

Note: As discussed on the forum this spell will be implementing a grace period until 16:00 UTC on May the 12th, upon at which time SCD will undergo actual shutdown. The action of caging the system at this point in time is implemented through this executive spell which includes a mini contract controlling the time of shutdown. It is also worth noting that collateral prices at the time of caging will be determined by the Oracle.

How and Why to Self-Integrate Dai into Decentralized Apps: As the DeFi movement continues to gain traction, more and more people will integrate Dai into their decentralized apps, many without Maker’s help.

Composable Infrastructure as Code: An Introduction to the Maker DeFi Ecosystem: Beautiful examples of composable infrastructure as code in software design are seen in Dai-integrated Decentralized Finance Blockchain applications.

Governance Polls: Adjustments to Dai Stability Fee, Governance Security Module, and more: The Maker Foundation Interim Risk Team has placed a series of Governance Polls into the voting system which presents a Dai Stability Fee adjustment, GSM Module adjustment, MKR Oracle Deactivation in SCD, Sai Stability Fee adjustment, and a USDC Stability Fee adjustment.

Executive Vote: Adjust the USDC, Sai, and Dai Stability Fees: The Maker Foundation Interim Governance Facilitator has placed an Executive Vote into the voting system, which will enable the community to approve the following alterations to the protocol.

A Guide to Single-Collateral Dai (Sai) Shutdown.

‘Black Thursday’ losses spur $28 million class-action lawsuit against Maker Foundation: A proposed class-action lawsuit seeking more than $28 million from the Maker Foundation and several of its affiliates is set to be filed in U.S. federal court, according to documents obtained by The Block.

In a draft complaint, the Maker Foundation — a non-profit organization supporting the development of the MakerDAO decentralized finance (DeFi) protocol — was accused of misrepresenting the protocol’s risks to investors and failing to protect investor interest.

Specifically, the complaint alleges negligence, intentional misrepresentation and negligent misrepresentation in connection with the claimed losses. The lawsuit does not seem to have been filed in the U.S. District Court for the Northern District of California.

“While misrepresenting to CDP Holders the actual risks they faced, The Maker Foundation neglected its responsibilities to its investors by either fostering or, at the very least, allowing the conditions that led to Black Thursday, all after actively soliciting millions of dollars of investment into its ecosystem,” the complaint states.

Melon Easter Quiz:

Unstoppable Domains in MEW: Get a .Crypto Home for Your Assets and Content.

MEW x CoolWallet Integration and Limited-Edition Wallet Giveaway.

Ocean protocol next release, Ocean Compute-to-Data, will be launched on May 19th:

Self-Sovereign Identity in the Real World: Pelle Brændgaard, Co-Founder of uPort, on the simplicity of Decentralized Identifiers and the importance of real uses for SSI.

Ocean Conversations | dApps, Data Science, & Decentralization: A discussion with our partners at ProtoFire.

How Privacy-Preserving AI could solve global issues: Andrew Trask, Founder of OpenMined, details AI’s data problem and how to fix it.

Social recovery on Substrate.

Raiden Weekly:

Sanz Prophet — Set Social Trader AMA Series: This is a transcript of a recent AMA that was held between Sanz Prophet and the Set community in our Discord channel. The AMA was held on the 1st of April at 10:00AM PDT, 2020.

You can check out Sanz Prophet’s Sets here.

Why ChainLinkGod is the Ultimate ChainLink and DeFi Bull — Set Social Trader Spotlight: In these posts, the team gives you insight into exciting new traders that will be trading on the Set Social Trading platform. If you want to learn more about Set Social Trading, you can click here.

This post contains an interview with ChainLinkGod, a new trader on the TokenSets platform who’s offering his LINK Profit Taker Set.

ChainLinkGod’s Set is currently live on TokenSets — you can check it out here.

How ByteTree Uses Bitcoin Network Demand Metrics to Generate Alpha in the Markets — Set Social Trader Spotlight.

ByteTree’s Set is currently live on TokenSets — you can check it out here.

How to TokenSets: Learn about the key parameters, tips and features to keep in mind when selecting your next Set.

Town Hall #56 — April 27, 2020: Status Town Hall #56 — April 27, 2020 — Updates on hiring, the upcoming v1.3, and the global environment for privacy.

The Secure Messaging App Of The Future: The secure messaging app of the future is one that protects privacy and enables the free flow of information all while having an intuitive interface. Check out this comparison of Telegram, Signal, Status

Tracking Your Portfolio with DeFi Snap on dap.ps: DeFi Snap is lays out a clean view of DeFi investments attached to an Ethereum wallet, and it works incredibly on mobile with the Status messenger.

Status Core Dev Update — 4/20/2020.

Neutral debt pool incentive trial: A new trial to incentive people to balance the debt pool by holding iETH.

Bauxite Product Release: Everything the front-end team has been up to recently!

New Curve Pool Launch: The Curve team has deployed a new Curve pool after the vulnerability discovered earlier this week in the previous pool. The new Curve pool is now ready for stablecoin liquidity providers to add liquidity. As promised, the team has added a section to our docs site here with detailed information about Synthetix integrations, including the new Curve pool. The Curve contract deployed for this pool has been audited and the details of the audit can be found at the link above.

A new CurveRewards contract for liquidity providers has been deployed and you can now stake by going to Mintr and clicking on the LP Rewards tab.

This new Curve pool reward system will operate for about 3–4 weeks, after which they will migrate to an upgraded liquidity pool model that utilises Aave’s interest-bearing stablecoins, once the new contract has been audited.

sUSD Curve pool vulnerability & next steps: Details about the recent sUSD curve pool vulnerability.

Uniswap V2 Bug Bounty Program Announced: You can find all the information about the program here.

Tipping $ZIL on Telegram.

Congratulations to the 6th wave of ZILHive grant awardees!