Token Relations

Here's how Base hitting new all-time highs in transaction volume and TVL is beneficial for the Superchain ecosystem Base, a layer-2 network built on the OP Stack, hit 9.72 million daily transactions and nearly $3.5 billion in TVL on Monday, marking all-time highs in these categories Since Base is a part of the Superchain, its successful network metrics also elevate the bigger ecosystem. This is because Base operates under the Superchain’s standardized revenue-sharing model and contributes 2.5% of chain revenue or 15% of onchain profit to the Optimism Collective Base's upward trend may encourage more developers to build on the OP Stack and join the Superchain ecosystem because of its established user engagement and incentive programs Read the full in-depth analysis here: https://lnkd.in/eKMjJy3E

Core announced the launch of its Fusion Upgrade, a network change that brings Dual Staking and Liquid Bitcoin Staking (LstBTC) to the blockchain The Fusion Upgrade is the network’s next step to strengthen Core’s alignment with the Bitcoin? ecosystem by incentivizing participation across both networks. ? Dual Staking utilizes a tiered reward structure where users can select where they earn yield based on their network preference This system would ensure network sustainability without inflating the rewards pool. In addition, it can expand the utility of the CORE token by positioning it as the main driver for users who want to maximize their staking yield The LstBTC token, set to go live soon, encourages stakers to participate in the broader Core’s ecosystem without compromising ownership of their assets. This means users can retain the amount of liquidity they control, thus making bitcoin staking more versatile and accessible This is one of Core’s mission statements as they want to provide users the ability to earn yield on their holdings, but still be exposed to bitcoin’s upside potential Tune in to the Core DAO Quarterly Webinar: https://lnkd.in/eqHkVYRJ Read our in-depth analysis here: https://lnkd.in/eFTKprhB

Coinbase acquired Utopia Labs to further stablecoin development on Base. How does this impact the ecosystem? Utopia Labs specializes in managing stablecoin transactions, directly aligning with Coinbase and Base’s broader vision of making stablecoins the bridge between the traditional finance system and blockchain technology As stablecoins have risen in popularity, it's imperative for networks to provide low-cost, fast, and secure payment solutions to users globally Without continuous innovations or services scaling, payment optionality and growth can falter onchain For context, some numbers: - Superchain ecosystem stablecoin market cap: $4.9 billion - Base stablecoin market cap: $3.61 billion Read the full details here: https://lnkd.in/eyzqXyjU

Core’s ecosystem has been trending upward since the start of the year and gained user mindshare in the Bitcoin ecosystem. In general, areas with high amounts of traction, capital and users tend to attract more interest. As market data shows, the amount of TVL on the Core network has been increasing steadily since the beginning of the year. If more value is added to the ecosystem, then the Core can see an increase in users and potential developers. Similar to other networks, a high TVL metric can also be an attractive statistic for people who want to explore opportunities or broader their knowledge of DeFi overall. Read details here about how Core DAO TVL is up over 16,000% over the year: https://lnkd.in/eQVXwHPD

StraitsX?launched?its stablecoin-driven payment system powered by the Avalanche network StraitsX is a Southeast Asia-based payments infrastructure company for digital assets. Its newly launched payment systems look to provide a solution for cross-border transactions The company also recently partnered with Ants International and Grab to allow Alipay+ users to make purchases through GrabPay merchants in Singapore This initiative leverages the Avalanche blockchain with StraitsX’s stablecoin to grant users the ability to make transactions securely and instantly Read the full coverage here: https://lnkd.in/eZTrBYVH

Token Relations is #hiring a NYC-based lead software engineer! This role requires expertise in front-end and back-end engineering.?The right candidate will play a crucial role in creating a clear, direct and analytic-driven platform for our blockchain and crypto partners and work alongside me and my cofounder Anthony Pompliano. Apply below or via this link: https://lnkd.in/eAHSnv9F

Excited to share we're collaborating with Injective Labs to bring its community the latest and biggest updates, metrics and insights All one in place, every other Monday In our first edition, we dive into Agora’s launch of its stablecoin, AUSD, to its network. We also highlight the latest trading volume and transaction metrics, and showcase community members and their projects Read the first edition here: https://lnkd.in/erGFYcea

Excited to share Token Relations is collaborating with INJECTIVE to bring its community the latest and biggest updates, metrics and insights. All one in place, every other Monday. SIGN UP: https://lnkd.in/e6Sw3H8B

The National Basketball Association’s Cleveland Cavaliers?launched?Cavs Rewards, a fan engagement program on the Avalanche network Uptop, a fan rewards platform, partnered with the Cavaliers to create its fan engagement program. This program aims to elevate the fan experience by giving users the ability to earn points through purchases and redeem them for exclusive experiences and rewards In addition, the program also plans to offer fans opportunities to engage with the professional basketball team’s players Want to learn more about this partnership and why it matters for the broader Avalanche ecosystem? Check our weekly newsletter: https://lnkd.in/eCfGdGqF Published every Wednesday for the community

The Optimism Weekly Overview! A one-stop-shop for the community to get up to speed on the ecosystem's latest updates, metrics, releases, insights, developments and more. All in one place. Today, we're sharing the Optimism Foundation biannual report. Enjoy!