Welcome back to another edition of the ValiDAO Digest!
Each week, we update our dear readers with all the major developments happening within the ecosystems where we operate, provided by your very own local, organic, seed-oil-free validator.
Hyperliquid staking tiers are officially live, offering stakers discounted trading fees based on total HYPE staked.
https://twitter.com/HyperliquidX/status/1902304642392072660
The HyperEVM's rollout continues to accelerate, with Ethena purchasing the USDe ticker and PURR bridging now live.
https://twitter.com/HyperliquidNews/status/1903106275979804820
Embr, an upcoming Interwoven Rollup building upon Initia has been announced.
https://twitter.com/initia/status/1902948625065578563
Embr is a memecoin appchain, pioneering a model with everlasting memes that never die.
Cabal has released their official documentation, detailing how they're supercharging VIP.
But how does it work?
https://twitter.com/CabalVIP/status/1902724698523230231
In short, users will be able to stake INIT or LP tokens to receive a yield-bearing derivative that earns bribes from Interwoven Rollups.
You can read more about The Cabal here.
Looped Hype has introduced the LHYPE stability fund, which aims to strengthen the LHYPE peg while returning yield to holders.
Plus, stHYPE withdrawals are now enabled, with processing times of 1-3 days.
https://twitter.com/Looped_HYPE/status/1901696150027067750
Harmonix Points Season 2 is live, where users can earn points and yields by depositing USDC.
https://twitter.com/harmonixfi/status/1896810760787071304
Additionally, we've teamed up Harmonix to provide users with easy-to-access seed-oil free validation services.
https://twitter.com/validaoxyz/status/1902027153887162774
Berachain Proof of Liquidity arrives next week, where whitelisted reward vaults will be able to begin bribing for BGT incentives.
https://twitter.com/berachain/status/1902854165883167167
Dozens of projects have applied for their own BGT-eligible vaults, you can read more about these projects here.
That's it for this week!
As always, we're committed to providing free-range, locally sourced, and seed-oil-free consensus services from geographically diverse locations.
Until next time!
