Solayer, Solana's re-staking protocol, established a foundation and launched the LAYER governance token. "To support the next phase of our journey, we are pleased to announce the formation of the Solayer Foundation, an independent non-profit organization dedicated to advancing SVM expansion, the upcoming LAYER token, and the first quarter of claims," Solayer Labs announced Thursday on the X platform.
The re-staking layer Karak V2 mainnet is about to go online, which is expected to be carried out in three phases. The first phase has been launched. The Karak V2 mainnet will support the migration of all V1 assets and networks, and the acquisition of points will not be affected.
On October 18th, Karak Network, a re-staking layer, announced on social platforms that it has launched the Karak V2 mainnet. Karak V2 introduces the features required to build a complete shared security ecosystem, including a penalty mechanism (Slashing), which is a prerequisite for the implementation of re-staking (Restaking). The Karak V2 testnet was launched in July, and today the first phase of the Karak V2 mainnet is launched.
Frax Finance, a hybrid algorithmic stablecoin protocol, announced a partnership with Karak, a re-staking layer, to introduce native re-staking functionality and DSS (Decentralized Security Service) into the Frax Finance ecosystem and support this functionality natively on Fraxtal, accelerating the vision of universal verifiable finance.
Karak Network has launched the Developer SDK to provide a lightweight development framework for developers of re-staking use cases. The initial version of the SDK already includes interfaces for local and cloud key management, simple BLS signing and on-chain verification, and Karak v2 contracts, providing developers with the tools they need to build DSS/AVS.
On August 26th, the Ethereum liquidity re-pledge protocol Eigenpie recently said on the X platform that the points season 1 ended at 20:00 on August 15th, Beijing time, and the season 2 began immediately. Season 1 participants will collectively share 10% of the total EGP supply. Of this, 6% can be claimed at the EGP Token Generation Event (TGE), and the remaining 4% will be distributed at the end of Season 2 based on the points earned by everyone during Season 2. Season 1 participants will also ...
On August 24th, Karak Network announced the launch of its artificial intelligence coprocessor Hyperbolic, which is committed to making artificial intelligence technology popular and is developing DSS for its PoSP network on Karak to enhance the security and efficiency of decentralized systems, including artificial intelligence, blockchain aggregation, and data availability networks.
On July 23rd, Karak Network, a re-staking layer, released the first phase of the V2 Keystone testnet, introducing a contract-based Slashing mechanism and allowing developers to deploy distributed security services (DSS) and custom re-staking mechanisms. Operators can also configure validators and native staking modules within the testnet.