This is not a single product. Today, Paradex has established a full ecosystem with three main components: Paradex Exchange, XUSD, and Paradex Chain. Trading, borrowing–lending, asset management, and blockchain infrastructure converge in a single architecture, aiming to simplify the fragmented DeFi user experience. Built as a high-performance Layer-2 on Starknet, the platform has already processed over $50 billion in trading volume during its beta phase.

Project Concept

Modern DeFi is tiring for users. Interfaces are complex. Paradex approaches this problem with its SuperDEX concept. Its core idea:

Current DeFi issues:

• Complex user experience

• Low capital efficiency

• Scalability lagging behind CEX

SuperDEX approach:

• Single account

• All products

• Any asset as collateral

• Privacy + high liquidity

• Zero-fee perpetuals

It aims to deliver a Binance-like experience entirely on-chain.

Who is in Charge?

Paradex was incubated by industry giant Paradigm. CEO Anand Gomes (fiddybps1), a former professional player and trader, leads the team. Core staff includes CCO @noncesensicalll and growth lead @PioGerard. Notably, core contributors are excluded from the airdrop, signaling long-term focus on project success over personal gain.

Investors & Key Partners

Primary support comes from Paradigm, whose shareholders hold 13.5% of total supply, including some of the largest trading firms globally. Additional technical partnerships include:

• Starknet ecosystem

• Hyperlane (cross-chain bridge)

• Privy (social login infrastructure)

How Paradex Works

Paradex Exchange integrates three key financial layers:

1. Trading Layer: Spot, perpetual futures, perpetual options, and assets not yet listed on CEXs can be traded through a single account. Users can switch instantly between cross, isolated, and portfolio margin modes. Over 100 markets offer zero fees for retail users.

2. Decentralized Asset Management: Paradex Vaults allow investments from active trading strategies to passive index products. Depositors receive LP tokens, usable with Aave, Morpho, or Pendle in the future.

3. Borrow/Lend Layer: Planned for 2025, users can borrow without closing positions, use their entire portfolio as collateral, and earn passive income from idle assets.

XUSD – Native Synthetic Dollar

XUSD is not a classic stablecoin. It is a delta-neutral synthetic dollar producing yield via futures basis. It can be used as collateral, deposited in vaults, or added to lending pools—preventing locked capital from being “dead.”

Paradex Chain

Paradex Chain is a zk-STARK-based Layer-2 on Ethereum, built on the Starknet Stack with the Cairo programming language. It processes ~1,000 TPS with 2–3 second block finality. Privacy is the key: zk encryption hides positions, entry/exit levels, and PnL. DIME serves as the native gas token. The chain will soon open to external developers connecting directly to Paradex liquidity.

DIME Token

DIME is more than a governance token; it powers the network. Gas fees on Paradex Chain are paid in DIME. Traders enjoy fee discounts, and holders can stake, participate in liquidity mining, and vote in governance.

Token Distribution & Unlocks

• 20% Community Airdrop

• 26.6% Ongoing Community Rewards

• 5% Liquidity Programs

• 6% Foundation

• 25.1% Core Contributors

• 3.8% Future Contributors & Advisors

• 13.5% Paradigm Shareholders

Community Airdrop is XP-based, multi-season, fully unlocked, excluding core contributors.

• Team Unlocks: 80% performance-based, 20% time-based. Tokens unlock only with product progress, ensuring long-term alignment.
• Governance: Full decentralization planned, Stage 2 Rollup, open-source stack, community governance. DIME holders have voting rights.
• 2026 Roadmap: Season 2 extended to 6 months. Spot trading, options, and pre-market launches planned. Weekly Season 3 XP drops starting Feb 18, 2026. Future: AI agent-managed vaults and full multichain integration.

Why does Paradex differ from traditional DEXs?

• Zero-fee perpetuals

• ZK privacy

• Unified margin

• 250+ markets

• Tokenized vaults

• Pre-market trading

• Whale dark orders

• RFQ liquidity

DIME is not just a token—it powers the chain and connects the community. Paradex is building a multi-year financial infrastructure, not chasing short-term hype.

Official Links

• Website
• Twitter
• Telegram

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This list clearly shows which crypto assets investors are gravitating toward, which projects are attracting speculative attention, and where short-term capital flows are intensifying.

New Leaders in Search Trends

Starknet (STRK) has taken the top spot with a strong 39.1% gain in the past 24 hours, leading both price performance and search activity. Growing demand for Layer-2 solutions, ecosystem upgrades, and rising TVL have strengthened investor interest in the project. Intensive developer activity and network expansion are among the main factors boosting Starknet’s prominence in the short term.

Firo (FIRO) saw rising search interest as attention toward privacy-focused blockchain projects spiked again. FIRO’s 9.4% increase reflects a notable uptick in both price performance and community curiosity. Privacy coins often gain traction during periods of regulatory uncertainty, making Firo’s rise unsurprising.

On the Aster (ASTER) side, growing interest from the Japan-based community and rising attention toward tokenization projects have lifted search volume. With a market cap of $2.53 billion and an 11.6% price increase, ASTER has drawn strong user interest.

Most Searched Altcoins in the Last 3 Hours – With Market Caps

These metrics are valuable because they reflect not just price movements, but also the level of curiosity and attention a project receives. Here are the top 14:

1. Starknet (STRK) – $1.06B
2. Firo (FIRO) – $61M
3. Aster (ASTER) – $2.53B
4. Zcash (ZEC) – $11.51B
5. Dash (DASH) – $1.13B
6. Bitcoin (BTC) – $1.92T
7. Pudgy Penguins (PENGU) – $832M
8. Solana (SOL) – $79.14B
9. Pi Network (PI) – $1.89B
10. Sui (SUI) – $6.52B
11. Monero (XMR) – $7.80B
12. Telcoin (TEL) – $639M
13. Internet Computer (ICP) – $2.90B
14. Hyperliquid (HYPE) – $10.89B

The list shows strong interest in both major high-market-cap projects and mid-tier, community-driven altcoins.

Ethereum’s Absence From the List Raises Eyebrows

Ethereum, the world’s second-largest cryptocurrency, not appearing in the most-searched list indicates that short-term investor attention has shifted elsewhere. This trend is associated with:

• revived expectations of an altcoin rally
• investors preferring more volatile altcoins
• ETH’s price moving more steadily and less dramatically

This data once again confirms that market sentiment can shift rapidly, and investors often move in a trend-driven manner.

Search Trends May Signal Upcoming Market Movements

The recent spike in search volume especially in mid-cap altcoins suggests a new wave of interest emerging in the market. Search trends often act as early signals for:

• upcoming price movements
• rising community engagement
• upcoming updates, partnerships, or speculative expectations

The fact that Starknet, Aster, and Firo topped the list indicates that short-term capital flows may be shifting toward these assets. Meanwhile, the inclusion of major projects like Bitcoin, Solana, and ICP shows that activity remains high across both major and alternative coins.

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The post The Most Searched Altcoins of the Last Hours Revealed: The Top Five Are Surprising! appeared first on Coin Engineer.

The largest token unlocks in October will take place on the Grass network with $144 million worth of tokens. In second place comes the Plasma (XPL) network, with a $92 million unlock. Other altcoins will also see small and mid-sized unlocks, offering additional opportunities for investors.

Key Unlocks and Dates

• Ethena (ENA) – October 2
  Unlock: 40.6M tokens ($23.7M), 0.62% of circulating supply.
  This unlock will provide ENA with additional liquidity and may create buying opportunities for retail investors.

• Immutable X (IMX) – October 2
  Unlock: 24.52M tokens ($17.6M), 1.26% of circulating supply.
  For IMX, this unlock means tokens allocated for ecosystem projects will enter circulation.

• Linea (LINEA) – October 10
  Unlock: 480M + 600M long-term tokens ($28M), 6.57% of circulating supply.
  LINEA will view this period as a critical opportunity for ecosystem development and liquidity support.

• Aptos (APT) – October 11
  Unlock: 11.3M tokens ($52.2M), 2.15% of circulating supply.
  APT investors should expect short-term volatility and increased liquidity.

• Aethir (ATH) – October 12
  Unlock: 1.26B tokens ($65.4M), 16.08% of circulating supply.
  This massive supply increase could significantly boost ATH’s trading volume and volatility.

• Starknet (STRK) – October 15
  Unlock: 127M tokens ($18.24M), 5.64% of circulating supply.

• Sei (SEI) – October 15
  Unlock: 55.5M tokens ($16.25M), 1.15% of circulating supply.

• Arbitrum (ARB) – October 16
  Unlock: 92.6M tokens ($40M), 1.99% of circulating supply.

• Fasttoken (FTN) – October 18
  Unlock: 20M tokens ($40.4M), 2.04% of circulating supply.

• Kaito (KAITO) – October 20
  Unlock: 8.35M tokens ($12.5M), 3.06% of circulating supply.

• Plasma (XPL) – October 25
  Unlock: 20M tokens ($88.89M), 6.84% of circulating supply.
  This unlock may help restore confidence in the XPL market after recent FUD rumors.

• Grass (GRASS) – October 28
  Unlock: 181M tokens ($145.4M), 72.4% of circulating supply.
  Grass will lead October with the largest unlock, providing significant market liquidity.

• Jupiter (JUP) – October 28
  Unlock: 53.47M tokens ($24.5M), 1.72% of circulating supply.

Outlook

The major token unlocks in October bring both opportunities and risks for investors. Large releases such as Grass and Plasma could exert selling pressure in the short term, while medium and smaller unlocks across other altcoins may offer investment opportunities.

For crypto investors, closely monitoring market movements during this period will be crucial to anticipate liquidity changes and potential price fluctuations. In the long run, token unlocks play a key role in strengthening ecosystems and improving token liquidity.

 In the comment section, you can freely share your comments and  opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube, and Twitter for the latest news and updates.

The post Major Token Unlocks Could Shake the Crypto Market in October! appeared first on Coin Engineer.

Monday – Labor Day 

• U.S. stock markets will be closed. Low liquidity may increase sudden price swings in crypto markets. 
• Tether ends support for Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand networks, marking a significant change in the stablecoin ecosystem. 
• Conflux (CFX) will implement its hard fork update. 
• Starknet (STRK) will release its mainnet upgrade. 

Tuesday 

• Eurozone Annual Inflation Rate (CPI) will be released. Inflation data may impact ECB policy and demand for crypto via the Euro. 
• U.S. ISM Manufacturing Data will be published. Lower-than-expected results could boost global risk appetite and crypto inflows. 

Wednesday 

• Turkey Annual Inflation Rate CPI will be announced. Movements in TRY may affect USDT/TRY and local crypto pricing. 
• U.S. JOLTS Job Openings and Factory Orders. Slower employment growth may affect Fed policy expectations, creating volatility for Bitcoin. 
• Fed Beige Book Report will be released. Signals on economic outlook are critical for risk assets. 

Thursday 

• U.S. ADP Nonfarm Employment Data release. Weak jobs growth may strengthen expectations of Fed rate cuts and positively impact crypto. 
• Weekly U.S. Unemployment Claims will be monitored. 
• Fed officials John Williams and Austan Goolsbee will speak. 

Friday 

• U.S. Nonfarm Payroll report. This could be the most critical data for crypto markets this week. Weak numbers may increase inflows into risk assets. 
• U.S. Unemployment Rate and Hourly Earnings will directly impact Fed rate expectations. 

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The post Crypto Markets This Week: Key Data & Updates September appeared first on Coin Engineer.

What is Trusta.AI? What Does It Offer?

Artificial intelligence is evolving through two main trends:

Scaling Laws: Larger AI models offer higher intelligence. For example, OpenAI’s o1 model, launched in September 2024, demonstrates PhD-level intelligence, achieving an 83% success rate in the International Math Olympiad qualifiers.

Domain-Specific AI Agents: Autonomous AI agents are designed to solve specific tasks. Systems like ElizaOS integrate AI with Web3 applications, enabling developers to create AI agents easily.

AI Identity Awakening

Unlike human intelligence, AI systems lack identity recognition. Currently, AI identities are artificially assigned by humans (e.g., prompting an AI as an “expert writer”). Trusta.AI believes in the AI Identity Awakening, where every intelligent entity (human or AI) develops an identity through self-recognition and community validation. This makes Web3 transactions more efficient and secure.

Trusta.AI’s Efforts

Trusta.AI, the largest Identity and On-Chain Reputation Protocol, offers three main products:

• Trustgo: Evaluates on-chain value with the MEDIA score.
• Trustscan: Uses AI and knowledge graphs to prevent Sybil attacks.
• Trusta Agent: Generates verification credentials for humans and AI agents.

Trusta.AI provides Sybil resistance and airdrop consulting for projects like Celestia, Starknet, and Arbitrum. It collaborates with Binance, Galxe, and Gitcoin Passport, and is the leading Proof-of-Humanity (POH) provider on Linea. It has issued over 2.5 million on-chain verifications for 1.5 million users, ranking first on Linea and BSC, third on Scroll, and second on TON Chain. It has a total of 3 million users: 1.8 million wallet addresses, 700,000 web accounts, and 500,000 Telegram users. Monthly active users range from 300,000 to 500,000, with over 700,000 Twitter followers. The team consists of Fintech and Web3 experts; its co-founders held significant roles at Alipay and won championships at Gitcoin and TON hackathons.

The Role of AI Agents in the Crypto World

AI agents will dominate the crypto space for four reasons:

• Evolving Infrastructure: AI agent frameworks and crypto tools reduce creation barriers. At least five on-chain AI agents per user are expected.
• Alignment with Crypto: AI agents’ simple, reliable, and secure structures are ideal for crypto’s trustless environments.
• Transforming Human Interaction: AI agents shift from the cumbersome “Connect Wallet” method to intent-driven interactions, e.g., “I want over 4% APY on my USDC assets.”
• Value Capture: AI-driven applications attract attention and gain value through tokenization.

Challenges and Solutions

Challenge 1: Distinguishing Humans, Sybils, and AI Agents

Sybil accounts manipulate airdrops with fake identities. Trusta.AI’s Proof-of-Humanity (POH) separates humans from Sybils, but in the AI era, AI agents also deserve rewards. The solution is to detect Sybils while assigning legitimate identities to humans and AI agents.

Challenge 2: Lack of Verifiable Identity Layer

Trusta.AI’s Trusta Attestation Service (TAS) offers an open and verifiable identity layer, supporting document, biometric, and AI-based verifications. Users can verify once and use their identity across platforms.

Challenge 3: Reputation and Credit Evaluation

The MEDIA Score assesses on-chain engagement across five dimensions (Monetary, Engagement, Diversity, Identity, Age), helping users understand their accounts and enabling projects to target contributors.

Challenge 4: Decentralization

Decentralized identity enhances trust and transparency. Trusta.AI uses the $TA token to incentivize participation and eliminate single points of failure.

From Proof-of-Humanity to Proof-of-Intelligence

Sybil attacks threaten Web3 airdrop integrity. Trusta’s two-stage AI-ML framework:

• Stage 1: Analyzes Asset Transfer Graphs (ATGs) using Louvain and K-Core algorithms to identify Sybil clusters.
• Stage 2: Uses K-means to examine behavioral similarities, filtering false positives.

The Test-of-Humanity (TOH) verifies identities in the TON ecosystem with personalized questions. For example, Catizen players easily answer $CATI airdrop questions, while bots struggle. The system is simple, secure, and privacy-preserving.

Trusta Attestation Service (TAS)

TAS operates as a public attestation registry on the blockchain, enabling issuers to provide Media Reputation or POH attestations for Solana accounts. Applications include:

• Sybil Resistance: Combines methods to prevent fraud.
• Reputation Scores: Supports undercollateralized lending markets.
• User Profiles: Enhances dApp discovery through recommendation engines.

MEDIA Score

The MEDIA Score (0–100) measures on-chain user value across five dimensions:

• Monetary (25 points): Account balance, interaction volume.
• Engagement (30 points): Active days/weeks/months, interaction duration.
• Diversity (15 points): Variety of contracts/protocols.
• Identity (10 points): NFT ownership, major airdrops, ENS.
• Age (20 points): Time since first bridge/interaction.

The score is calculated using a normalized sigmoid function, with weighted sub-scores scaled to 0–100.

Use Cases

• AI Agent Fair Launch: Proof-of-Humanity prevents bot and Sybil manipulation, ensuring fair participation.
• AI Agent Airdrop: AI agents earn airdrops based on data-driven contributions.
• AI Agent Payments: AI agents access payment services based on credit evaluations.
• Crypto + AI Lending: Reputation scores enable undercollateralized lending markets.
• Crypto + AI Social Connections: AI agents engage in social protocols, fostering human-AI networks.

Roadmap

• 2025 Q1: Integrate AI agents with systems like ElizaOS, issue initial AI identities.
• 2025 Q2–Q3: Launch smart identity service, issue 1 million AI agent identities, develop credit-backed lending.
• 2025 Q4: Launch Crypto+AI reputation mainnet, establish open identity network, expand token use.

Trusta.AI (TA) Tokenomics

The $TA token powers the identity network:

• Distribution:
  • Community: 25%
  • Foundation: 20%
  • Team: 18%
  • Marketing: 13%
  • Seed Investment: 9%
  • Liquidity: 5%
  • Strategic Investment: 4%
  • Airdrop: 3%
  • Advisors: 3%

Trusta.AI (TA) Investors

Trusta.AI is backed by leading investors, including SevenX Ventures, Vision Capital, Redpoint, SNZ, Hashkey Capital, Consensys, Solana, Starknet, GSR, Uxlink, and goplus.

Trusta.AI (TA) Team

The Trusta.AI team consists of experienced leaders:

• Peet Chen, Co-Founder and CEO
• Simon, Co-Founder and CTO

Official Links

• Website
• X (Twitter)
• Whitepaper

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Local Proof Generation Comes to Phones and Laptops

STARK Two is now available in public alpha, with full Starknet integration planned for later this year. According to StarkWare, the prover runs on CPUs, GPUs, and soon even browsers, allowing everyday users to prove sensitive information without revealing it.

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Eli Ben-Sasson, CEO of StarkWare, said, “The prover used to be our magic wand — now it’s a lightsaber in your pocket.”

39x Performance Boost for Real-World Use Cases

Benchmark tests revealed that S-two is 39 times faster than previous ZK provers. This performance unlocks privacy-preserving applications in identity, payments, messaging, and onchain salaries — all without exposing sensitive data.

StarkWare emphasized that verifiable execution proofs can also be generated offline — a game-changer for industries like gaming, where players can prove achievements post-session without constant online connectivity.

Industry Adoption Already Underway

Developers are already integrating S-two. Kakarot uses it in ETHProofs, Nexus is aligning RISC-V traces, and ZAN along with AntChain OpenLabs are accelerating the prover via GPU enhancements. StarkWare stated that hardware-agnostic architecture is central to its vision of mainstream ZK adoption.

COO Oren Katz added, “You can now prove a valid payment without revealing your balance, or verify your ID without exposing personal details. That’s a major leap toward real-world ZK utility.”

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According to a framework proposed by Ethereum co-founder Vitalik Buterin, Starknet has now reached “Stage 1” decentralization, marking a shift to limited governance and operational independence.

And the timing couldn’t be better — Starknet has also emerged as the largest ZK-rollup-based layer-2 network by total value locked (TVL).

Starknet Leads ZK-Rollups With $629 Million TVL

With a TVL of $629 million, Starknet now outpaces close competitor ZKsync, which holds $610 million, as reported by L2Beat. This positions Starknet at the forefront of ZK-rollup technologies in terms of locked value, making it a benchmark among zero-knowledge scaling solutions.

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The project’s advancement to “Stage 1” decentralization was supported by technical measures like the implementation of a security council and censorship resistance mechanisms. Starknet has also adopted validity proofs, allowing cryptographic verification of all transactions via smart contracts — a core difference from the fraud-proof model used by Optimistic rollups.

Stage 2 In Sight, With Eyes On Bitcoin

StarkWare CEO Eli Ben-Sasson stated that the long-term vision is to reach “Stage 2” decentralization, where the network will be fully autonomous and community-driven. Only a few small layer-2 networks have achieved this so far.

Interestingly, Ben-Sasson also mentioned that Starknet’s ambitions extend to Bitcoin, suggesting parallel development on the world’s largest blockchain.

Currently, the entire layer-2 ecosystem holds around $44.2 billion in value, though it remains down 20% year-to-date. Base, Coinbase’s Optimistic rollup, leads the sector with $14.7 billion in locked assets, accounting for a 33% market share.

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As decentralized finance (DeFi) continues to grow, the demand for oracles key tools that connect blockchains to real-world data  is rapidly increasing.

Established providers like Chainlink are facing increased competition from new players as decentralized applications (DApps) require more efficient data delivery solutions.

RedStone co-founder and Chief Operating Officer Marcin Kaźmierczak noted that the oracle market has entered a new phase driven by innovation and multichain adoption, highlighting the rapid changes in DeFi and the potential reshaping of oracle providers.

Scaling a Multichain Ecosystem

Kaźmierczak stated that the rise of Layer-2 networks and non-Ethereum Virtual Machine (EVM) chains, such as The Open Network (TON) and Starknet, has exposed scalability limitations in existing oracle designs.

“When Chainlink was created, there was no such thing as L2 or DeFi on multiple L1s, therefore, the design wasn’t optimized for multichain delivery.”

Kaźmierczak stated that each new network presents “a big dependency and technical cost” that was not initially considered, but this demand has led to the emergence of new “challengers.”

The RedStone co-founder described these new networks as “far more efficient in supporting new ecosystems” and cited networks like Berachain, Unichain (Uniswap’s L2 network), and Ink (Kraken’s L2 network) as examples.

Decentralizing Without Over-Engineering

The decentralization of oracles is still a topic of debate. Some experts, like Hugo Philion, co-founder of Flare Network, advocate for directly embedding oracles on-chain.

Kaźmierczak expressed concerns about this embedding approach, stating that it “stifles innovation at the base layer and locks protocols into specific designs.”

He argued that a better and more efficient path could be achieved by using staking technology to distribute security risks, allowing oracles to remain independent and adaptable to technological changes.

What Will the Future of Oracles Look Like?

Acknowledging that Chainlink remains a powerful force with deep and growing industry roots, Kaźmierczak reiterated that the fast-paced nature of DeFi also provides opportunities for challengers.

“We are not so much obsessed with being first, as we are with delivering value to clients and constantly growing.”

He added that the total value secured (TVS) of the oracle provider has grown “1,250% year-over-year, reaching $6.3 billion.”

In an environment expected with crypto-friendly policies under the incoming Donald Trump administration, RedStone’s co-founder mentioned that he anticipates a “bullish wave” across DeFi platforms.

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

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Monday, November 25

• 1INCH Token Unlocking: 1INCH tokens amounting to $27 million (representing 4.95% of total supply) will be unlocked. Such a large unlocking event could lead to price volatility as these tokens become available for trading.

Tuesday, November 26

• FOMC Meeting Minutes: At 22:00 UTC, the minutes from the Federal Open Market Committee (FOMC) meeting will be released. These minutes can provide clues on future interest rate changes and the Fed’s stance on inflation and economic growth.
• Starknet Staking Launch: Starknet, a Layer 2 scaling solution for Ethereum, will launch its staking service. Users can now stake tokens to earn passive income and support the network’s security.
• DYDX Token Unlocking: 9 million USD worth of DYDX tokens (representing 0.63% of the total supply) will be unlocked. The market may see volatility as the tokens enter circulation.
• ADA Token Unlocking: 20 million USD worth of ADA tokens (representing 0.04% of the total supply) will be unlocked. Investors should watch for potential price movements in Cardano.

Wednesday, November 27

• US GDP Data: At 16:30 UTC, the US Gross Domestic Product (GDP) data will be released. Analysts expect a 2.8% growth rate, providing insight into the health of the US economy.
• Core PCE Index: The Core Personal Consumption Expenditures (PCE) index will be released at 18:00 UTC. This is a key inflation indicator in the US and can influence the Fed’s decisions on monetary policy.
• ENA Token Unlocking: 9 million USD worth of ENA tokens (representing 0.08% of the total supply) will be unlocked, potentially affecting market dynamics.

Thursday, November 28

• US Markets Closed for Thanksgiving: US markets will be closed in observance of Thanksgiving Day, which can reduce trading volume and lead to a quieter day for global markets.
• FLOKI Valhalla Update: The FLOKI token will undergo a Valhalla mainnet upgrade, adding new features and improving transaction speeds. This could boost the project’s ecosystem.

Friday, November 29

• Eurozone CPI Data: At 13:00 UTC, the Eurozone Consumer Price Index (CPI) data will be released. This will indicate inflation levels in the Eurozone, influencing European Central Bank policies.
• EDU Token Unlocking: 11 million USD worth of EDU tokens (representing 1.92% of the total supply) will be unlocked, likely causing a shift in the EDU market.

Saturday, November 30

• OP Token Unlocking: 53 million USD worth of Optimism (OP) tokens (representing 0.56% of the total supply) will be unlocked. The release could result in a market impact for OP tokens.

Sunday, December 1

• SUI Token Unlocking: $230 million worth of SUI tokens (representing 0.64% of the total supply) will be unlocked. The large volume of unlocked tokens could affect the price and liquidity of SUI.

This week, major token unlockings and economic data releases are set to influence the markets. The FOMC and PCE data are particularly important for gauging future interest rate policies. Additionally, Starknet and FLOKI will see important upgrades and new services, potentially advancing the Web3 ecosystem. These developments could lead to both opportunities and risks for cryptocurrency investors.

Keep a close watch on the market as these events unfold, especially given the significant token unlockings and economic indicators that will provide clues to the future of both traditional and digital finance.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Weekly Crypto and Economic Events: November 25 – December 1, 2024 appeared first on Coin Engineer.

The Starknet community overwhelmingly approved a new staking mechanism proposal that includes a dynamic minting curve for STRK tokens. With 98.94% of the votes in favor, it marks a significant milestone in the network’s long-term efforts to balance token supply while incentivizing staking.

StarkNet New Minting Mechanism

The minting curve, which is at the core of the approved proposal, is based on Professor Noam Nisan’s “Proposal 2” with some minor changes.

This feature allows the STRK token supply to be adjusted according to staking participation rates to control inflation. Tokens will be minted proportionally to staking levels on the network.

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The minting rate (M) will be determined using the staking rate (S) and a constant (C), initially set to 1.6.

Adjusting the Minting Parameters

The Starknet Foundation or an appointed monetary policy committee will have the authority to change the value of the minting constant (C) between 1.0 and 4.0. This constant can be increased to lower C when staking levels are too high or to increase incentives when participation decreases. These adjustments will be made in accordance with the principle of transparency; each change will be announced and justified in the community forum two weeks in advance.

StarkNet Community Feedback

While community feedback was largely positive, a small segment, representing 0.61% of the votes, opposed the proposal. While an acceptance rate of almost 99% does not fully reflect the voting power of all token holders, 79.65% of the total voting power, or 1.4 billion STRK tokens, contributed to the decision.

This proposal comes just a month after Starknet-backed ZKX Protocol shut down its services due to “low” network participation.

With the new minting curve integration, activity and interaction levels are expected to increase as staking incentives can be adjusted based on user participation in the network.

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