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Now what the fuck is SocialDao

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Hope lens for phaver

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Lens ๐ŸŽ‰๐Ÿ”ฅ

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Ethereum-based re-staking protocol Puffer Finance announced the imminent launch of its PUFFER token, which will also initiate the Puffer DAO, empowering the community with governance rights to shape the protocol's future. This empowerment includes setting fees, selecting node operators, allocating rewards, and advancing upgrades like Puffer LRT, UniFi AVS, and UniFi Rollup.

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DeFi platform Infinex has raised $65.3 million by selling 41,252 'Patron NFTs', with backers including retail investors and industry figures such as Solana Ventures and Aave founder Stani Kulechov. Additionally, Infinex announced a partnership with Wormhole for cross-chain interoperability, enhancing support for six blockchains including Ethereum and Solana.

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Mind Network has raised $10 million in a Pre-A funding round led by investors including Animoca Brands and several other venture firms. The funds will accelerate the development of its Fully Homomorphic Encryption (FHE) infrastructure and strengthen its contributions to AI and Proof-of-Stake (PoS) networks.

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Zilliqa reported that it has encountered network issues again, but user funds are secure. The team is actively working to resolve the vulnerability and will make a decision soon on resuming network transactions.

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Uniswap Labs announced that the introduction of the ERC-7683 standard in collaboration with Across Protocol to address intent-based system fragmentation. The standard enables users to sign cross-chain orders with funds held in settlement contracts, allowing fill orders on target chains to be executed by competing fillers, thereby improving experiences and lowering costs.

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Decentralized exchange platform SphereX announced the official launch of its mainnet, marking a significant step towards its goal of becoming a comprehensive DeFi platform. Additionally, SphereX introduced its 'Journey to the $HERE and Beyond' activity, enabling users to participate in the ecosystem and earn points through trading, social tasks, and referrals.

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AI prediction market PredX introduced a Parlay gameplay increasing rewards for consecutive wins, while pledging to allocate over half of future tokens to the community.

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