EthHub Weekly #209

Ethereum Cat Herders update #53, Polynomial Earn launched, Polyogn ID introduced and much more!

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Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)

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[Sponsored] Ambire, the first non-custodial crypto wallet with email login, is pioneering an early user continuous airdrop rewards program in its first 4 years. Simply put, if you hold funds with Ambire Wallet, you will receive early user rewards in their newly launched native WALLET token up until late 2025.  

Created as a mechanism of engaging its community, the Ambire Wallet rewards plan grants multiple opportunities for gains. Along with the continuous airdrop, users can easily stake their WALLET tokens, and their staking position is then considered towards their account value that determines the airdrop rewards they get. This way, you earn rewards on top of your rewards.

Already gaining momentum as a secure and trusted browser app, with a mobile app and a debit/credit card in the pipeline, Ambire Wallet brings blockchain and DeFi to everyone’s fingertips. The team building Ambire believes the future belongs to exceptional, easy-to-use tech for a new autonomous and responsible lifestyle, so they are developing the wallet exactly for this. If you haven’t already switched to Ambire, you can do so now and follow them on Twitter for updates on how they plan to reshape the way we do DeFi.

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💰 ETH’s Big Week

It’s always nice to see positive price action in the crypto markets and the last few weeks have been quite good with ETH now trading above $3500 - just 28% below it’s all time high. It’s always funny to me when I think about just how brutal 2018 was for ETH - a 94% drawdown from all time high in less than 12 months - if that were to happen today ETH would go to $300! Obviously we’re now in a much different time and Ethereum has come a long way with plenty of things to be excited about going forward!

Have a great week everyone!
- Anthony

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Project Updates

Ethereum

• Ethereum Cat Herders Update #53

• Technical details of the client incentive program

Layer 2/Scaling/Bridging

• Immutable X details token supply schedules

• Immutable X partners with OKX

• zkSync March community update

• StarkNet’s StarkGate alpha bridge live on testnet

• Ronin network validators compromised

DeFi

• Scoopy details Alchemix’s new alETH products

• Polynomial Earn launched

• Balancer launches veBAL

• CoWDAO closes a $23M investment round

Infrastructure/Wallets/General Tooling

• Zapper’s iOS mobile app enters beta testing phase

• Flashbots Protect Fast Mode announced

• Sign-In with Ethereum March update

• Foundry v0.2.0 announced

• DeFi Saver introduces automated stop loss and take profit options for Maker vaults

NFTs

• Announcing sudoAMM

• Verse Hyperexchange Protocol revealed

Web3

• Polygon ID introduced

Misc

• L2Fees.info now shows what percentage of Ethereum L1 fees are paid by L2s

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Interesting Tweets

• Raul Jordan on Ethereum protocol complexity

• How to get cheap privacy with Aztec Connect

• ETHGlobal LFGrow finalists

• Why ETH flipping BTC is inevitable, in one chart

• Euler V1 is by far the most advanced liquidity protocol in terms of features, security, and scalability

• Australian web3 ecosystem

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Ecosystem Bits

Blog Posts

• Easy Stake - The Daily Gwei

• The Social Layer - The Daily Gwei

• The Roads Not Taken - Vitalik Buterin

• Understanding Post-Merge Rewards - Jim McDonald via Attestant

• Part I: WTF is Account Abstraction - Julien Niset via Argent

• Optimistic Bridges - Arjun Bhuptani via Connext

Podcasts

• The Bullish Case for MKR | Sam MacPherson, Niklas Kunkel & monetsupply.eth - Bankless

• Bridge Hacks Have Caused ~$1 Billion in Losses. Here’s Why Bridge Security Is Tricky - Unchained

Misc

• Somer Esat’s updated Ethereum staking guides

• View stats of a specific DEX pool using this dashboard

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Meme of the Week

ETHey & BeTChy 🦇🔊 @ETHeyAndBeTChy

@sassal0x You won't be forgotten sir. We won't let that happen. Going forward, we will be featuring you every Sunday :). #SassalSunday

sassal.eth 🦇🔊🐼 @sassal0x

Not afraid to admit that my greatest fear in life is becoming irrelevant For me, that would mean being forgotten about in the Ethereum community and cast aside as some boomer has-been Though this is probably inevitable as Ethereum continues to grow (and maybe even a good thing)

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Looking for Work?

Top jobs listed on Cryptocurrency Jobs this week:

• Social Media Manager - Aave

• Developer Evangelist - Argent

• Talent Acquisition Specialist - UMA

• Blockchain Data Scientist - OpenSea

• +1000’s more on the Cryptocurrency Jobs website!

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