PANews, June 14th - DeFi asset management platform Zapper announced the launch of the Zapper Protocol, an open protocol designed to incentivize users to interpret and understand on-chain information. Zapper aims to enhance global users' ability to read and comprehend on-chain data through this protocol, enabling everyone to grasp the true potential of Ethereum. The protocol will be powered by the $ZAP token and is scheduled to be released in the fourth quarter of 2024. The first phase of the Zapper Protocol will allow anyone to contribute to making the blockchain more readable. Users can add new DeFi protocol integrations through index templates, or transform complex on-chain transactions into human-readable outputs through event interpreters.

Golden Finance reported that DeFi asset management platform Zapper announced the launch of Zapper Protocol on social media, with the vision of achieving Onchain Literacy. The token ZAP will be launched in Q4, and more details will be disclosed in the future.

Odaily Planet Daily News Blast ecological token issuance protocol ZAP released an article on platform X, stating that users who earn ZAP XP on ZAP DROPS can receive ZAP and Blast Gold rewards, and the amount of rewards depends on the ZAP XP earned by the users. ZAP also mentioned that the first batch of Blast Gold will be distributed soon.

Odaily f(x) Protocol posted on the X platform: "We have not been hacked and all funds are safe. A week ago, we found a bug in the zap gateway and fixed it immediately. One user lost 2.8 ETH and we compensated him in full, without any risk to f(x)Protocol itself or the deposited collateral. ” Previously, according to BlockSec monitoring, f(x) Protocol has been hacked. If the user has authorized the relevant contract, please revoke the authorization immediately.

PANews reported on December 25 that Kyber Network CEO Victor Tran said on the X platform that in the past month, KyberSwap has faced unprecedented challenges due to the Elastic vulnerability. However, the core business, including aggregator and limit order functionality, remained strong. Kyber Network will launch the Zap API, an innovative development that will make dApps, Wallet, and other projects the most convenient gateway for users to access Decentralized Finance Liquidity protocols. However, due to the Elastic vulnerability, in order to support the affected users, the KyberSwap Elastic Vulnerability Treasury Grant Program was implemented to cover up to 100% of the user losses. Kyber Network has also made significant changes to its business operations, including the temporary suspension of the Liquidity Protocol program and the KyberAI project. In addition, Kyber Network has laid off 50% of its workforce and is creating a voluntary database that will connect laid-off employees to potential opportunities in the Web3 space.

Victor Tran, co-founder and CEO of Kyber Network, said in a post on the X platform that KyberSwap has faced unprecedented challenges due to the Elastic vulnerability in the past month, but its core business, including aggregators and limit order functions, is still strong. In addition, the Zap API will be available soon, an innovative development that will make DApp, Wallet, and other projects the most convenient entry point for users to access Decentralized FinanceLiquidity protocols. Due to the Elastic vulnerability, in order to support the affected users, the platform implemented the KyberSwap Elastic Exploit Treasury Grant program to compensate users for 100% of their losses. In addition, Kyber has made significant changes to its business operations, including the suspension of the Liquidity Protocol program and the KyberAI program. In addition, KyberSwap has laid off 50% of its workforce, and to support team members who are leaving, it is creating a voluntary database designed to help them access potential opportunities in the Web3 space. Victor Tran advises other Web3 founders to consider including these great people in their teams.

The CEO of Kyber Network said on social media that it has been a few days since the exploit attack, and I finally have the time and bandwidth to communicate. I remain fully committed and with the team to the best of my ability to support efforts to bring the attackers to justice. I will make every effort to support law enforcement and cybersecurity authorities in tracking down attackers and recovering user funds to minimize the losses incurred by users as a result of the attack. From now on, supporting the tracking of attackers and recovering user funds is my top priority and will continue to do so until every user has recovered. The Aggregator API, Zap-as-a-Service, and LO API are key technologies in this space, and we will continue to maximize their potential. Unfortunately, Kyber Elastic will no longer be operational. I know that money recovery is a top concern for all users right now, and I want everyone to know that I'm here and unwavering in their commitment to this cause. Those who know me know that I will not give up and will not stop supporting all user fund recovery efforts.

News on October 14, derivatives software developer IPOR Labs has launched the v2 version of the IPOR protocol on the Ethereum mainnet, with new features including custom APR with zap, stETH pool, extended term structure, spread model upgrade, etc. Golden Finance previously reported that IPOR Labs completed a $5.55 million financing round in April last year, led by Arrington Capital.

PANews reported on July 18 that Radiant Capital, a multi-chain lending protocol, launched DEV UPDATES. Among them, the audit-related update of Open Zeppelin has been completed; enhanced application performance, reduced and optimized RPC call rate, refactored image resources for a smoother experience, improved dark mode and a more stylish appearance; FE team is working through UI/ UX optimizations to step up their game, Zap modal UX improvements, branding update, color palette refresh and overall UI revamp, RFP-18 ARB airdrop claim page enhancements. The development team is currently reviewing the Radiant codebase and UI/UX for Ethereum mainnet integration in preparation for a smooth transition.

PANews reported on July 18 that Radiant Capital, a multi-chain lending protocol, released a development status update. Among them, the audit-related update of Open Zeppelin has been completed; enhanced application performance, reduced and optimized RPC call rate, refactored image resources for a smoother experience, dark mode has been improved and looks more stylish; FE team is passing UI/ UX optimizations to step up their game, Zap modal UX improvements, branding update, color palette refresh and overall UI revamp, RFP-18 ARB airdrop claim page enhancements. The development team is currently reviewing the Radiant codebase and UI/UX for Ethereum mainnet integration in preparation for a smooth transition.    

Jinse Finance reported that Bitcoin-friendly social media app Damus received approval to remain in the Apple App Store on Wednesday, and the new version of Damus will no longer display Zap on posts (Apple reportedly believes that this configuration is equivalent to sales figures. content), but still allow users to Zap each other at the profile level. Apple has previously threatened to remove the bitcoin-enabled social media app from its App Store by June 27 unless Damus removes the ability to receive bitcoin alerts via "zaps" on content posts. Removed from Store.

On June 23, the AMM protocol Velodrome on Optimism announced the launch of the Velodrome V2 version, which currently allows VELO and veVELO holders to migrate their positions to the V2 version. Migration of LPs will require unstaking and withdrawal of liquidity from V1, which will then be deposited into V2. Velodrome V2 features or features include new frontend, custom pool fees (up to 1%), custom pool names and symbols, Zap (allows users to create positions and add liquidity by depositing only one token in the pool), veNFT Artwork and Metadata, veNFT Locking, Opt-In Upgradability, Velo FED, and more.

Odaily Planet Daily News The AMM protocol Velodrome on Optimism announced the release of the Velodrome V2 version, which aims to significantly improve the end-user experience, enhance security measures and simplify the smart contract architecture. Velodrome V2 not only meets the needs of users, but also helps developers create innovative solutions on Layer 2. VELO and veVELO holders are currently allowed to migrate their positions to V2 VELO and V2 veVELO. Migration of LPs will require unstaking and withdrawal of liquidity from V1, which will then be deposited into V2. Velodrome V2 features or features include new frontend, custom pool fees (up to 1%), custom pool names and symbols, Zap (allows users to create positions and add liquidity by depositing only one token in the pool), veNFT Artwork and metadata, veNFT locks, Opt-In upgradability, Velo FED, and more. Among them, in the Velo FED, when the release of VELO is less than 6 million per Epoch (about 92 Epochs), veVELO voters will automatically control the monetary policy of Velodrome, allowing them to increase or decrease the release rate by one basis point per Epoch. Additionally, the new VELO token and veNFT will replace Velodrome’s current governance and utility tokens. Velodrome said that from June 22nd to June 28th, the V1 release will continue as normal to allow time for users and protocols to migrate, and the V2 release will run from June 29th.

Jinse Finance reported that Damus, an open social application based on the Nostr protocol, has made more than 1 million Zaps payments. Zaps (NIP-57) are a novel, Nostr-only social media campaign that leverages the Lightning Network to transfer value. It works by creating two new annotations, zap (category 9735) and zap request (category 9734). Together, they allow Nostr customers to request and pay Zap invoices from LNURL servers. Lightning wallets that receive Zap payments also create tickets, which are then broadcast to the relay.

According to PANews news on June 14, according to Blockworks, Apple said that it had a conversation with Damus, an open social application based on the Nostr protocol, and reached a consensus on how Damus's zaps function can survive on the platform. Apple said: "We have spoken with the developer to explain how they resolved this issue and confirmed that they can resolve this issue in the next update." Damus creator William Casarin also posted on the Damus app, explaining how zaps will change. Casarin said: "Currently, users can tip others through the lightning button at the bottom of the 'note'. Apple wants to remove this feature, but it will allow Damus users to tip each other on their profiles. Damus can be on the profile Keep the zap button on but not 'note'. If it were on 'note' it would be considered "selling digital content". Damus followed up with another tweet on Twitter calling the change "weakening" platform advantage. Earlier yesterday, Damus tweeted that it would be removed from the Apple App Store within 14 days. Apple said it doesn't allow zaps on its platform because they "could" be used by content creators to sell digital content.