Ethereum Layer 2 News Roundup - Week 45

Complete Crypto's User Sentiment Survey for a $500 USDT Reward

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Coin Wire
November 14, 2023

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KEY TAKEAWAYS

  • Obol Network Mainnet Open Beta

  • EtherFi eETH Goes Live On Mainnet

  • Lido's wstETH is Now Available Throughout the Base Ecosystem

  • Complete Crypto's User Sentiment Survey for a $500 USDT Reward

ECOSYSTEM UPDATES

Obol Network Mainnet Open Beta

Obol Network is set to launch its Mainnet Open Beta on December 1st, allowing anyone to operate distributed validators (DVs) on mainnet. 

The DVs, which distribute a validator's key across multiple nodes, enhance Ethereum’s fault tolerance by ensuring continued validation even if a node in the cluster goes offline. Obol also introduced the Obol SDK, a TypeScript tool for creating and managing DV clusters, and Obol Splits, a series of smart contracts for handling reward, principal, and fee allocation within DV Clusters.

EtherFi eETH Goes Live On Mainnet

EtherFi has launched eETH, its liquid restaked token, in beta on the mainnet. Users who are whitelisted can mint eETH by depositing ETH. 

eETH is natively restaked on EigenLayer, offering higher yields for liquid stakers once Actively Validated Services go live. Early mainnet stakers can earn loyalty points. EtherFi plans to expand eETH minting to all users and integrate it into various DeFi protocols, including Balancer, Aura Finance, Gravita Protocol, Mav Protocol, and Pendle Finance.

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Lido's wstETH is Now Available Throughout the Base Ecosystem

wstETH is now available on Base, an Ethereum L2. This will give Base users access to staked ETH and its benefits, such as liquidity and stability. It will also allow Base protocols to integrate wstETH to improve their liquidity and usability.

In the beginning, wstETH will be available on dApps like KyberSwap, Beefy, and Aerodrome. In the future, it is expected to be available on many more growing protocols

Complete Crypto's User Sentiment Survey for a $500 USDT Reward

As TK Research prepares our annual Crypto Report, we are seeking insights on 2024 from builders and investors who persevered through the crypto winter. Kindly spare 3 to 5 minutes to complete our survey and share your insights and predictions. We will highlight a selection of your perspectives in a section titled ‘Towards 2024’. 

All contributors will receive early access to the full report, and 20 lucky participants will receive $25 for each. Join now.

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