A week of hot project dynamics: raise the gas ceiling at the Ether, Pompfun project in excess of $400 million, Monad main online line, etc. (1123-1129)

Anthony Sassano: The upper limit of the Ethergas is raised to 180 million below the “minimum target” next year

According to Anthony Sassano, the upper limit of the Taispan is raised next year to 180 million, only the “minimum goal”, and some core developers are discussing a fivefold increase. He indicated that by re-pricing transaction costs (e.g. reducing base transfers from 21,000 to 6,000 gas), the network could carry a higher ceiling after efficiency gains. It had previously raised the gas ceiling from 45 million to 60 million, which was described by developers as the beginning of the build-up, followed by further upgrades such as Fusaka and Glamsterdam。

2. Berachain exposed to Series B financing to Nova Digital US$ 25 million in refunds

Berachain was disclosed as having granted a “refund right” of 25 million US dollars to Nova Digital under the banner of Brevan Howard in 2024, and could request the return of the entire principal of the investment within one year after TGE on 6 February 2025; under the additional clause, Nova was required to deposit $5 million to Berachain within 30 days of TGE to exercise that right. This rare clause, which is not disclosed to other investors, raises questions as to whether the MFN terms and disclosure obligations have been violated, and the BERA price is about 66 per cent lower than Nova ' s $3 investment price. The Berachain co-founder, Smokey the Bera, responded that each party used the same documents to participate in the financing for the current round, but did not answer the specific questions and did not state the relevant commercial agreement。

In response, the co-founder of Berachain, Smokey The Bera, recently reported that Berachain was an incomplete and inaccurate “faceless “facewash”, claiming that Brevan Howard, like other investors, was involved in the B round of financing according to the same documents, in which Nova's compliance team requested the inclusion of a clause to guard against Berachain's failure to successfully issue a token and go online, signed the supplementary agreement referred to in the paper and stated that Nova remained the largest or one of the large holders of Berachain's coins, denying that “B” had given to other buyers the terms “MFN” “Nova's “non-lock holder”。

In a follow-up response, the co-founder of Berachain, Smokey the Bera, stated that he had not profited from it and claimed that so-called insiders, including them, had lost several zeros。

3. MegaETH will return all funds previously raised through Pre-Deposit Bridge

MegaETH announced that it would return all funds previously raised through Pre-Deposit Bridge, stating that the implementation process was flawed and that market expectations did not correspond to the intended purpose of preloading collateral to secure the main network of 1:1 USDm. MegaETH states that the refund process will be carried out through a new smart contract and is currently in the audit stage and will be released as soon as it is completed, while it plans to reopen the USDC-USDm exchange bridge in front of the Frontier main online line。

The Uniswap “UNIFIation” proposal, by overwhelming initial voting, launched a $15.5 million gap reward scheme

Uniswap's “UNIFI” governance proposal was overwhelmingly approved on an interim basis and received over 63 million UNNIs through its first quickshot vote. The proposal consolidates the Uniswap Labs and Uniswap Foundations under a coordinated governance framework and activates the negotiated fee mechanism. Currently, a $15.5 million Cantina gap reward scheme has been launched to cover new cost-to-mix smart contracts in preparation for the full chain of voting expected next week。

Getting to centralize the financial platform Spark started the governance vote that introduced the "procedural buy-back" mechanism

To go to the central financial platform Spark wrote that a governance vote had been launched to introduce a “procedural buy-back” mechanism. It is indicated that since June, TGE, the agreement has brought over $10 million in net revenue to the inventory of SubDao countries, under which 10 per cent of SubDao Proxy's assets above the “target value” is used monthly for repurchase of SPK in the secondary market, the proceeds of repurchase are recapitalized as reserves to SubDao Proxy, and the scale of repurchase increases with excess capital accumulation。

Pumpfun Project is suspected to be more than 400 million USDC, involving private agency fund-raising this June

During the past week, the Pumpfun projecter transferred 405 million USDCs to Kraken, while 466 million USDCs transferred from Kraken to USDC issuer Circe, suspected of completing the gold. Pumpfun collected PUMP in June of this year at a private price of $0.004。

In response to Lokonchain's claim that Pump fun deposited 436 million USDC to Kraken since 15 October, and that there were related transactions with Circle, Pump fun co-founder @sapijju in X called it “misinformation”. This means that there has never been a cash flow and that there is no connection between Kraken and Circle, and that the USDC changes on the chain are part of Pump fun fund management, stating that Pump fun never cooperated directly with Circe。

Etherscan completely remove free API access to Base, Optimism and BNB Chain during Devcontract ARG

The well-known block chain browser Esther completely removed free API access to Base, Optimism and BNB Chain during the recent Devconect ARG. According to Etherscan, free API services are still operational, chain ID coverage is maintained at 90 per cent and most foundations are still supported; the decision to reduce chain coverage by 10 per cent is due to insufficient funding for those ecosystems. Lefteris Karapetsas indicates that the removed chains Base, Optimism and BNB Chain are fully capable of covering the costs of providing such essential services, and calls for cooperation rather than being borne by Etherscan alone。

The developer of the Etheum Foundation, Kaan Uzdagan, stated that the real problem with Etherscan closing free API layers of certain chains, such as Base, Optimism and others, came from certified contracts, as they were not on the chain; although anyone could build a browser based on chain-based and fully open EVM data, the proven source code was below the chain, centralized and entirely dependent on the owner of the database。

8. Avail on-line Nexus main network to advance integrated multi-chain implementation and liquidity convergence

Avail announces that the Nexus main network is on line to provide a cross-chain executive layer for multi-chain ecology such as the Ether, BNB Chain, Monad, HyperEVM, Base, Arbitrum, Optimism, Polygon and others, with a view to achieving a unified movement of assets, users and mobility without the need for traditional cross-chain bridges and the exchange of Gas tokens. Nexus uses intent-driven structures and multi-source liquidity aggregations, where transactions can generate predictable results through multi-chain access and implementation; in the future, uniform validation will be introduced through Avail DA, allowing cross-chain behaviour to be based on verifiable data rather than on inter-chain independent validation。

9. Cosmos Community Launch ATOM Income-Drived Economic Modelling and Program

The Cosmos community has published a proposal to initiate a research and programme call for a new economic model for ATOM. The core idea is to adopt an income/cost-based currency economy model. Key directions in the current discussions include: increasing the tendency towards long-term pledgeors through incremental increases in pledge incentives; reducing inflation levels; harmonizing ATOM into ecological reserve assets, Gas assets and settlements; and designing variable inflation models linked to cumulative costs。

10. On the first day of official Internet access, Monad built up over 2.66 million transactions

On the first day of official Internet access in Monad, a total of just over 140,000 new addresses opened their first transactions, cumulatively completing more than 2.66 million transactions. 24 hours Monad TPS is 32.75。

Prior to the completion of MON token sales on Coinbase, 85,820 participants committed $269 million, according to Monad's published token economics, the supply of MON tokens was 100 billion, initial locking of 50.6 per cent of the total MON tokens, and will be gradually unlocked by 2029, leaving more than 3.3 billion MON tokens (about 3.3 per cent of the total cap of 100 billion) available through Coinbase, aside from 7.5 per cent of the total supply of MON tokens。

Arthur Hayes gave a sharp review of Monad on the Altcoin Daily show, stating that his so-called “next generation ETH killer” was simply a “high FDV, low circulation” trap designed to make the founders and VC present, stating that Monad was unable to compete with the Ethershop, even less than Solana, who initially saw 10 U, but fell to zero。