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            <title><![CDATA[Katana Network — the new DeFi chain with deep liquidity and real yield]]></title>
            <link>https://paragraph.com/@lumin/katana-network-the-new-defi-chain-with-deep-liquidity-and-real-yield</link>
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            <pubDate>Fri, 30 May 2025 09:30:16 GMT</pubDate>
            <description><![CDATA[Katana Network is purpose-built to fix DeFi’s biggest pain points, concentrating liquidity and delivering sustainable real returns to users. Katana Network is an innovative blockchain created specifically for decentralised finance (DeFi). Incubated by Polygon Labs and GSR, the project tackles two persistent problems: fragmented liquidity and unstable yields. Katana’s mission is to mobilise idle assets, pool liquidity in one place, and route the resulting revenue back to users and applications...]]></description>
            <content:encoded><![CDATA[<p><em>Katana Network is purpose-built to fix DeFi’s biggest pain points, concentrating liquidity and delivering sustainable </em><strong><em>real</em></strong><em> returns to users.</em></p><p>Katana Network is an innovative blockchain created specifically for decentralised finance (DeFi). Incubated by Polygon Labs and GSR, the project tackles two persistent problems: fragmented liquidity and unstable yields. Katana’s mission is to mobilise <strong>idle assets</strong>, pool liquidity in one place, and route the resulting revenue back to users and applications. A private mainnet went live in late May 2025, marking the launch of a dedicated <strong>“DeFi chain”</strong> where <strong>every digital asset “works harder”</strong> for its owner.Below we look at Katana’s goals and architecture, the role of its KAT token, the project’s current progress, and its roadmap and prospects</p><h2 id="h-project-overview" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Project overview</h2><p>Katana positions itself as a <strong>DeFi-first</strong> blockchain—a specialised network built around the needs of DeFi users and developers. Its core objective is to eliminate <strong>liquidity fragmentation</strong> and provide durable, real-economy returns rather than short-lived emissions. Katana fosters a <strong>positive-sum</strong> ecosystem in which user, application and network incentives are fully aligned. As Polygon Labs CEO and Katana core contributor Marc Boiron put it: <em>“Katana turns inefficiencies into an advantage, creating a genuinely win-win environment.”</em></p><h3 id="h-key-features" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Key features</h3><ul><li><p>**Deep, unified liquidity.**Instead of scattering capital across dozens of platforms, Katana funnels all funds into three <strong>“core” DeFi protocols</strong>:</p><ul><li><p><strong>Morpho</strong> for lending</p></li><li><p><strong>Sushi</strong> for spot DEX trading</p><p><strong>Vertex</strong> for perpetual futuresThis avoids capital dilution and builds deep markets with minimal slippage. The pooled liquidity is also available to every other chain in the Polygon Agglayer, acting as a <strong>“linear liquidity basin”</strong> for the entire network.</p></li></ul><p>**Real, sustainable yield.<br>**<br>User income comes from <strong>actual protocol revenue</strong>, not endless token inflation. Katana introduces <em>“productive TVL”</em>: assets bridged into Katana are deployed into <strong>low-risk strategies on Ethereum L1</strong>—for example, over-collateralised lending pools on Morpho. Yield earned on L1 is sent back to Katana and automatically compounded. In addition, 100 % of sequencer fees and a share of core-app revenue flow into the network treasury as <strong>Chain-Owned Liquidity (COL)</strong>, which cushions market volatility and reinforces yields even in stormy periods.</p><p>**Capital productivity &amp; user priority.<br>**<br>On Katana <strong>assets never sit idle</strong>—every bridge, LP deposit or trade is rewarded. A DeFi flywheel reinvests income continuously: users bridge assets → assets earn yield on Ethereum → yield returns to Katana and boosts liquidity → active users receive rewards → more capital arrives, restarting the cycle. A future <strong>vote-escrow</strong> model will let KAT holders lock tokens for extra privileges and revenue share.</p><p>**Architecture &amp; infrastructure.<br>**<br>Katana is an <strong>Ethereum-aligned Layer 2</strong> built with <strong>Polygon CDK</strong>, integrated with the <strong>OP Stack</strong> and enhanced by <strong>zero-knowledge proofs</strong>. It is the <strong>first network</strong> to combine Polygon Agglayer CDK, the OP stack and ZK validity proofs, enabling fast, trust-minimised withdrawals.Gas is paid in <strong>ETH</strong>; the native <strong>KAT</strong> token serves governance and incentive roles (see next section). Security follows Ethereum’s Stage-1 roll-up standard: multisigs with time-locks plus an independent <strong>DeFi Security Council</strong> that can veto critical changes. Governance will decentralise further over time.</p></li></ul><hr><h2 id="h-the-kat-token-utility-staking-and-dao" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">The KAT token: utility, staking and DAO</h2><p>**Governance.**KAT is the <strong>governance token</strong> of Katana. Holders will steer protocol upgrades, treasury spend and economic parameters via an on-chain DAO. A forthcoming <strong>vote-escrow (veKAT)</strong> model will reward long-term lockers with greater voting power and a share of network income.</p><p>**Staking &amp; network security.**While Katana relies on Ethereum for settlement, future plans include <strong>staking KAT</strong> for economic guarantees—e.g. decentralised sequencers or proof generators. Infrastructure operators will likely need to post KAT stake to earn fees, while delegators can share in the revenue.</p><p>**Incentives &amp; ecosystem growth.**A significant slice of total supply is reserved for the community. Around <strong>15 % of KAT</strong> will be airdropped to <strong>POL stakers</strong> on Ethereum. Early <strong>pre-deposit campaigns</strong> already reward users who supply liquidity before public launch, and ongoing incentive programmes will target LPs, lenders, traders and builders.</p><p>**Revenue alignment.**Because protocol fees and off-chain yields are recycled into user rewards, <strong>KAT functions like a “dividend token”</strong> for the ecosystem. veKAT holders are expected to receive boosted yields, and the DAO will decide whether to burn, reinvest or distribute treasury profits—aligning all stakeholders around long-term value creation<br><br>Detailed information :</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://katana.network/blog/the-network-is-katana-the-token-is-kat">https://katana.network/blog/the-network-is-katana-the-token-is-kat</a></p><h2 id="h-current-project-status-development-partnerships-and-community" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Current project status: development, partnerships and community</h2><h3 id="h-development-status" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Development status</h3><p>As of late May 2025 Katana runs a <strong>private mainnet</strong>, processing live transactions but limited to partners and internal testing. A <strong>public mainnet</strong> is scheduled for <strong>late June 2025</strong> alongside token distributions and liquidity-mining campaigns. The team is finalising audits, stress tests and parameter tuning.</p><h3 id="h-products-and-integrations" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Products &amp; integrations</h3><p>From day one users will access the three core protocols—Morpho, Sushi Swap and Vertex—natively on Katana, with initial liquidity supplied by the treasury and market makers such as GSR. Katana also integrates <strong>Chainlink oracles</strong> and relies on <strong>Conduit</strong> for roll-up sequencing.</p><h3 id="h-partnerships" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Partnerships</h3><ul><li><p><strong>Polygon Labs</strong> incubated Katana via the Agglayer Breakout Program and sees it as a cornerstone of Polygon 2.0’s liquidity layer.</p></li><li><p><strong>GSR Markets</strong> provides market-making expertise and strategic funding.</p></li><li><p><strong>Agglayer</strong> serves as Katana’s canonical bridge.</p></li><li><p><strong>VaultBridge</strong>, a Katana module, automatically deposits bridged assets into yield strategies on Ethereum, creating “revenue legos” for EVM chains.</p></li></ul><h2 id="h-roadmap-and-prospects" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Roadmap and prospects</h2><ul><li><p><strong>Public mainnet launch (Q2 2025).</strong> Opening the network, distributing ~15 % of KAT to POL stakers, and rolling out high-yield bootstrapping programmes. Full wallet and explorer support will accompany launch.</p></li><li><p><strong>Ecosystem expansion (2025).</strong> While the philosophy is to concentrate liquidity in core protocols, <strong>“hundreds of apps on top of the core”</strong> are expected—optimisers, aggregators, risk tools and more—each contributing fees to the treasury. The native stable-coin <strong>AUSD (Agora USD)</strong> will debut, backed by off-chain treasuries to create another revenue stream.</p></li><li><p><strong>Deeper decentralisation (2025-2026).</strong> Migration from Stage-1 to Stage-2/3 security: multiple independent sequencers, permission-less proof generation, and full DAO control via veKAT.</p></li><li><p><strong>Hub of Polygon 2.0 and beyond.</strong> Katana aims to become the <strong>default liquidity provider</strong> for every new Polygon L2 through Agglayer. Over time it could bridge into other ecosystems, offering a unified yield layer across Web3.</p></li><li><p><strong>Institutional adoption.</strong> With transparent yields, deep markets and GSR’s backing, Katana targets funds and corporates seeking stable on-chain returns. Expect pilot treasury-management programmes and CEX listings of KAT during 2025-2026.</p></li></ul><h3 id="h-outlook" class="text-2xl font-header !mt-6 !mb-4 first:!mt-0 first:!mb-0">Outlook</h3><p>Katana blends proven ideas—EVM roll-ups, revenue recycling, vote-escrow—with fresh mechanisms such as VaultBridge and Chain-Owned Liquidity. If successful, it could mark the next phase of DeFi, where <strong>yield is built into the infrastructure itself</strong> and active participation pays. Backed by Polygon and GSR, Katana is well placed, though execution risks remain (technical scaling, economic balance, competitive imitation).Still, the promise is clear: <strong>“If you’re active, you win.”</strong> The coming months will show whether Katana can turn that motto into reality.</p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://katana.network/">https://katana.network/</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/mE33Sm8gQH">https://discord.gg/mE33Sm8gQH</a></p><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://x.com/katana">https://x.com/katana</a></p>]]></content:encoded>
            <author>lumin@newsletter.paragraph.com (Lumin)</author>
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            <title><![CDATA[Seismic Project: Analytical Overview ]]></title>
            <link>https://paragraph.com/@lumin/seismic-project-analytical-overview</link>
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            <pubDate>Wed, 14 May 2025 09:03:01 GMT</pubDate>
            <description><![CDATA[Seismic is a Layer 1 (L1) blockchain designed with data encryption at the protocol level as a core priority. Its main goal is to offer developers a platform to build decentralized applications (especially in DeFi) with built-in privacy, solving the issue of "forced transparency" inherent in public blockchains. In traditional networks like Ethereum, all transaction data (balances, amounts, addresses) is publicly viewable, which is unacceptable for many financial and business use cases. Seismic...]]></description>
            <content:encoded><![CDATA[<p><strong>Seismic is a Layer 1 (L1)</strong> blockchain designed with data encryption at the protocol level as a core priority. Its main goal is to offer developers a platform to build decentralized applications (especially in DeFi) with built-in privacy, solving the issue of &quot;forced transparency&quot; inherent in public blockchains.</p><p>In traditional networks like Ethereum, all transaction data (balances, amounts, addresses) is publicly viewable, which is unacceptable for many financial and business use cases. Seismic addresses this by making encryption a foundational part of the blockchain, not an optional add-on.</p><p>The platform targets a wide audience of Web3 developers—referred to as &quot;everyday developers&quot;—allowing them to easily port existing smart contracts into an encrypted environment without needing deep cryptographic expertise.</p><p>Architecturally, <strong>Seismic is an EVM-compatible blockchain</strong> modified to handle encrypted data. The project is described as &quot;an encrypted blockchain capable of encrypting arbitrary smart contracts.&quot; Simply deploying a standard Solidity contract on Seismic results in a private DeFi protocol equivalent—no need for specialized external infrastructure such as ZK-protocols or third-party encryption services.</p><p>This effect is achieved by radically redesigning the typical blockchain stack around <strong>Trusted Execution Environments (TEEs).</strong> The Seismic team forked key components of the Ethereum ecosystem—Solidity compiler, execution layer (Reth/REVM), and development tools (Foundry)—and integrated encryption support at the virtual machine level.</p><p>As a result, the Seismic network provides data privacy by default while maintaining a familiar technology stack (Solidity, EVM) and standard contract deployment workflows.</p><p>Seismic’s target audience includes dApp developers who want to integrate privacy into their applications (financial services, payment systems, games, social platforms, etc.) without building encryption systems from scratch. The blockchain is also geared toward business and institutional users for whom transaction privacy is critical.</p><p>According to the project’s founder, the future will involve the coexistence of both &quot;transparent&quot; and &quot;encrypted&quot; blockchains for different purposes. Seismic aims to become foundational infrastructure for applications handling sensitive data, offering them both privacy and access to DeFi benefits such as smart contracts, liquidity, and interoperable protocols.</p><h2 id="h-technology" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Technology</strong></h2><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/a750862a9330cb3cd1abd8ee92adbb66d33ed30b399af884dc4dd19229bfcfdf.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p><strong>Technical Architecture:</strong> At the core of Seismic lies the use of hardware-secured enclaves to ensure computation privacy. The selected technology is Intel’s latest Trust Domain Extensions (TDX) platform, which provides hardware-level memory encryption and data isolation. Simply put, every validator in the network runs smart contract execution inside a secure enclave where the data being processed is inaccessible to the operating system and external observers.</p><p>Externally, the architecture resembles a typical Ethereum setup: transactions are processed in an EVM-compatible environment and support the same Solidity smart contracts. However, Seismic duplicates key segments of EVM memory into two regions—transparent and encrypted.</p><p>The virtual machine is extended with new opcodes for handling confidential data. Alongside the standard <code>SLOAD</code>/<code>SSTORE</code> for reading/writing state, Seismic introduces <code>CLOAD</code>/<code>CSTORE</code> for encrypted storage access. Similarly, transient memory and calldata mechanisms are cloned to allow tagging each data element as either &quot;public&quot; or &quot;secret&quot;, with corresponding handling rules.</p><p>This innovation enables three key properties necessary for encrypted smart contract execution:</p><ol><li><p><strong>Encrypted Global State:</strong> Contract state (storage) is encrypted, allowing functions to operate on multiple users’ data without revealing it. This is essential for features like dark pool trading (hidden order matching) or liquidations in private lending protocols.</p></li><li><p><strong>Encrypted Memory Access:</strong> Contracts can modify individual elements of data structures (arrays, maps) without exposing their memory addresses or indices. This is critical for use cases such as blind bidding or anonymous transfers in shielded pools.</p></li><li><p><strong>Encrypted Orchestration:</strong> Entire protocol logic can be executed within a single trusted environment. Developers no longer need to split application logic between a public blockchain and separate private services—everything runs in one secure VM.</p></li></ol><p>This drastically reduces development complexity: there’s no need to maintain or synchronize two systems (public and private).</p><p>In traditional setups, achieving all three properties simultaneously is extremely difficult, often requiring significant compromises in functionality. Seismic brings back these capabilities almost in full, enabling existing DeFi applications to be migrated into an encrypted environment with minimal code changes.</p><hr><p><strong>Consensus and Scalability:</strong> Seismic uses a Byzantine Fault Tolerant (BFT) consensus mechanism with fast finality, powered by the CometBFT (formerly Tendermint) engine, used with minimal modifications. This implies a Proof-of-Stake model with a limited validator set who take turns proposing and voting on blocks.</p><p>Tendermint ensures block times of a few seconds and high throughput (hundreds of transactions per second), helping to address scalability. According to the founder, Seismic aims to solve two key blockchain pain points simultaneously: <strong>transparency</strong> and <strong>limited scalability</strong>.</p><p>While specific testnet performance metrics haven&apos;t been published yet, the absence of expensive cryptographic proofs (such as ZK calculations) suggests performance comparable to conventional L1 networks.</p><p>The team acknowledges that relying on hardware enclaves introduces certain limitations, so early validator deployments are run in cloud environments with uniform configurations to reduce risk and ensure system stability.</p><hr><p><strong>Data Storage:</strong> Blockchain state (e.g., contract variables, balances) is stored as a Merkle tree (MPT), just like in Ethereum, but node values are encrypted. This allows validators to verify the integrity and consistency of the state (via root hash comparison) without seeing the actual data.</p><p>The team developed a custom Merkle-Patricia Trie library (named <code>seismic-trie</code>), optimized for sorted nodes, to compute state roots and generate inclusion proofs.</p><p>This approach preserves blockchain integrity and auditability, while only revealing hashes and ciphertexts to external observers. Users and smart contracts can selectively reveal data when required (e.g., showing aggregated results or inclusion proofs).</p><p>This model combines <strong>privacy and verifiability</strong>: network participants can trust that protocol rules are followed without learning sensitive private data.</p><hr><p><strong>Cryptography and Privacy:</strong> Unlike other projects that rely purely on cryptographic methods (zk-SNARKs, MPC, fully homomorphic encryption, etc.), Seismic takes a hardware-based approach.</p><p>This avoids the need for &quot;crypto magic&quot;—as the founder puts it: &quot;no heavy math, just engineering&quot;—and enables the use of existing tools and languages.</p><p>Privacy is achieved through trust in the TEE: the processor guarantees that the smart contract code executes in isolation and the data remains encrypted in memory.</p><p>This is supported at the software level by a modified Solidity compiler (introducing a new <code>stype</code> secret type for tagging confidential variables) and an enhanced EVM that understands these types.</p><p>Most of the infrastructure code is forked from open-source projects: approximately 99% of the stack is borrowed from the open-source community.</p><p>For example, Seismic uses:</p><ul><li><p>A forked Solidity compiler with secret type support</p></li><li><p>A fork of the Reth/REVM (Rust-based Ethereum implementation) with encrypted storage and new opcodes</p></li><li><p>The CometBFT consensus module</p></li><li><p>A modified version of Foundry for writing and debugging secret contracts</p></li></ul><p>All core repositories (enclave code, EVM, compiler, wallet) are released under MIT or Apache-2.0 licenses, reflecting the project’s commitment to open development.</p><hr><p>It’s worth noting that the current version (v0) does not fully reflect the final vision.</p><p>For now, the developers have implemented cloning and encryption of global storage, but all EVM memory is marked as encrypted by default, without fine-grained tracking of each element’s status.</p><p>This simplification accelerates prototyping but introduces trade-offs—it may reduce developer ergonomics and affect network liveness under certain performance attacks.</p><p>Future versions aim to introduce a more elegant solution: tracking which variables are secret or public at the VM level and optimizing execution accordingly.</p><p>Nevertheless, the first version already proves the core concept: protocol-level encryption via hardware alone. This has enabled the team to launch a developer-facing testnet faster and reduce the project’s time-to-market.</p><hr><h2 id="h-potential-impact-on-web3" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Potential Impact on Web3</strong></h2><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/15a2bf48cd426263519a9a93c5cdfde85b461cc5913fcc7950e091f5dd135a25.png" alt="" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="hide-figcaption"></figcaption></figure><p>Seismic has the potential to significantly influence Web3 infrastructure by eliminating a major barrier to mainstream blockchain adoption in traditional industries: the lack of privacy. Today, public networks are transparent by default, which discourages businesses and users from storing sensitive data (financial, personal information) on the blockchain.</p><p>If Seismic&apos;s technology proves successful, it could enable a new class of dApps that were previously impossible or economically impractical. For instance, companies could execute payments, contract settlements, and store trade secrets or client data on-chain without fear of leaking information to competitors or the public.</p><p>Analysts estimate the volume of “sensitive” transactions in the traditional financial sector to be in the hundreds of trillions of dollars annually. Public blockchains have not been able to target this segment due to their transparency, but built-in encryption may attract a share of this massive market to Web3.</p><p>In other words, privacy doesn’t just enhance existing crypto services—it enables entirely new users and use cases that were previously inaccessible on open chains.</p><p>At the infrastructure level, Seismic offers a kind of “privacy layer” for Web3. The project’s philosophy emphasizes that every chain or protocol should have the option of privacy—captured by the community slogan: <strong>“ENCRYPT ALL CHAINS.”</strong></p><p>In the long term, Seismic’s approach may extend beyond a standalone L1. It could also serve as a modular component (e.g., a set of sequencers) for other networks. Thanks to its architecture based on CometBFT, it is theoretically possible to launch encrypted parachains or rollups that bring privacy to ecosystems like Ethereum, Cosmos, and others. The Seismic protocol could “plug into any chain” by acting as a sequencer layer.</p><p>This means that in the future, developers might be able to deploy private smart contracts on existing blockchains via Seismic, without waiting for those blockchains to implement their own Layer 2 privacy solutions.</p><p>Several promising application areas include:</p><ul><li><p><strong>Next-generation DeFi</strong>: where investor strategies, balances, and trades are hidden from competitors.</p></li><li><p><strong>Institutional applications</strong>: such as tokenized banking products and supply chain management that previously lacked the confidentiality needed for blockchain adoption.</p></li><li><p><strong>NFTs and gaming</strong>: with hidden attributes and private game logic.</p></li><li><p><strong>Social dApps and blockchain messengers</strong>: where user messages and transactions are encrypted.</p></li></ul><p>Moreover, protocol-level privacy helps address the MEV (Miner/Validator Extractable Value) and frontrunning problem. When transactions are encrypted from the start, bots can&apos;t read and front-run them, thus leveling the playing field.</p><p>In this way, Seismic aligns with the broader trend of enhancing Web3 security and user experience, making blockchain interaction feel more like private Web2 services—while preserving decentralization.</p><p>It’s also important to highlight that interest in Web3 privacy is growing rapidly. Alliances are forming (e.g., the Universal Privacy Alliance with members like Secret Network, Oasis, Aztec, Nym, etc.), major funds are investing in privacy-focused blockchain projects, and new solutions are emerging (Zero-Knowledge L2s, mixnets, private wallets).</p><p>Against this backdrop, Seismic offers a more straightforward and practical solution <strong>today</strong>: by relying on confidential computing instead of lengthy cryptographic proofs, it could become usable for real-world applications much faster.</p><p>If the concept of an “encrypted blockchain” proves to be robust and reliable, it may become a foundational part of Web3 infrastructure—on par with transparent chains.</p><p>It’s likely that the ecosystem will evolve into a dual-rail structure:</p><ul><li><p>Some chains will ensure openness and auditability for public data.</p></li><li><p>Others, like Seismic, will ensure privacy for sensitive data.</p></li></ul><p>Users will be able to choose or combine both approaches—for example, storing assets on a private L1 like Seismic while interacting anonymously with public DEXs via bridges.</p><p>Thus, Seismic could catalyze the emergence of hybrid solutions and accelerate Web3 adoption in domains where privacy is a strict requirement.</p><hr><h2 id="h-competitors" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Competitors</strong></h2><p>The private blockchain and privacy infrastructure landscape is rapidly evolving, and Seismic already faces several technical competitors and analogs. Their approaches vary—from other TEE-based systems to purely cryptographic methods. Below is an overview of key players and how they compare to Seismic:</p><hr><p><strong>Secret Network:</strong> One of the first public blockchains to implement confidential smart contracts. Launched within the Cosmos ecosystem (formerly known as Enigma), Secret Network uses Intel SGX enclaves to execute contracts privately—similar to Seismic. Developers write contracts in Rust using CosmWasm, which run in encrypted form, ensuring that network nodes cannot view the data.</p><p>The main difference is that Secret is not EVM-compatible by design, whereas Seismic targets Solidity and the EVM. This makes Seismic more accessible for developers porting existing Ethereum DeFi contracts, while Secret requires rewriting them in a different language.</p><p>Additionally, in Secret, developers must explicitly define which data is private and grant access via “viewing keys.” Seismic handles privacy automatically at the VM level. Both projects rely on trust in TEEs and consciously avoid complex ZK computations.</p><p>Secret has been live since 2020 and has built a modest ecosystem (private DEXs, NFTs, etc.), but adoption remains limited. Seismic, being newer, can learn from Secret’s experience—e.g., addressing SGX memory limitations and offering a more familiar toolkit for Solidity developers.</p><hr><p><strong>Oasis Network (Sapphire):</strong> Oasis is a Layer 1 blockchain focused on privacy and scalability. Its architecture separates the <strong>Consensus Layer</strong> from <strong>ParaTime Layers</strong>—multiple execution environments, some of which are confidential.</p><p>Sapphire is the Oasis ParaTime offering an EVM-compatible environment with TEE (SGX) support for private contracts. Like Seismic, Oasis supports private Ethereum-compatible dApps, but it uses a layered architecture to boost performance.</p><p>Parallel execution across ParaTimes gives Oasis a scalability edge, allowing heavy or private workloads to avoid congesting the main consensus.</p><p>Seismic currently lacks such vertical segregation—all nodes run all contracts within enclaves. However, Seismic integrates privacy more deeply into the EVM itself, modifying opcodes and the compiler, whereas Oasis retains an unmodified EVM and relies on the enclave environment.</p><p>Oasis has attracted corporate partners (e.g., Meta for confidential data analytics and AI applications) and positions itself as a “responsible data exchange” platform. Seismic is currently focused on DeFi and crypto developers, but the two may compete for similar users in the future.</p><p>In essence, Oasis combines privacy with load-sharding, while Seismic simplifies the stack with a unified secure execution space—easing development but potentially increasing demands on each node.</p><hr><p><strong>Aleo:</strong> Aleo represents a different approach—purely cryptographic privacy. It&apos;s a new L1 blockchain using zero-knowledge proofs (ZK-SNARKs) to validate private programs.</p><p>Instead of trusting hardware, Aleo trusts mathematics: developers write programs in a custom language called <strong>Leo</strong>, which are compiled into arithmetic circuits. Users generate proofs of correct execution over private data, and network nodes verify these proofs without running the underlying logic.</p><p>The advantages: no trust in node operators, full decentralization (anyone can verify proofs), and strong privacy guarantees. The downsides: high computational cost for proof generation, limited throughput, and a steep learning curve (new language and tools).</p><p>Aleo has raised significant funding (~$200–300M) and is viewed as a potential leader in private computation, but as of 2025, its mainnet is not yet launched.</p><p>Compared to Seismic, Aleo is more academic and cryptographically “pure,” while Seismic is more pragmatic and engineering-driven. Aleo solves the same problem via software; Seismic via hardware.</p><p>Long-term, they may compete or even complement each other (e.g., proof-generating enclaves), but in the near term, Seismic offers easier deployment and compatibility with Ethereum’s stack, while Aleo offers higher trustlessness.</p><hr><p><strong>Aztec (Layer 2 for Ethereum):</strong> Aztec Network is a Layer 2 privacy solution built on Ethereum using zk-SNARKs. Its earlier iteration, Aztec Connect, enabled users to perform private transactions and interact with select DeFi protocols via an encrypted bridge.</p><p>Though not a standalone L1, Aztec is worth mentioning because it targets private DeFi, like Seismic. Aztec uses PLONK-based proofs and aggregation to obscure the sender, recipient, and transaction amount while maintaining verifiability on Ethereum.</p><p>Aztec recently raised $100M to develop a new version (informally called Aztec 3.0)—a fully programmable privacy-first L2 where developers can write arbitrary smart contracts using <strong>Noir</strong>, a new ZK-oriented language.</p><p>Aztec and Seismic pursue similar goals via different means:</p><ul><li><p>Aztec is a rollup on Ethereum</p></li><li><p>Seismic is a standalone L1</p></li><li><p>Aztec uses ZK</p></li><li><p>Seismic uses TEE</p></li><li><p>Aztec introduces a new VM and language</p></li><li><p>Seismic preserves EVM and Solidity compatibility</p></li></ul><p>Aztec inherits Ethereum’s decentralization and liquidity, and doesn’t rely on trusted nodes—only proof correctness. However, it faces performance limitations due to the cost and speed of proof generation.</p><p>Unlike Seismic, Aztec doesn&apos;t require running a separate validator network—making it easier to adopt—but it’s still constrained by Ethereum’s L1 architecture.</p><p>These two projects represent opposite ends of the privacy spectrum: hardware vs. cryptography, L1 vs. L2. Seismic may appeal to developers looking to preserve Solidity code and launch their own protocol and token, while Aztec may attract those prioritizing Ethereum-native integration and strong cryptographic guarantees.</p><hr><p><strong>Namada:</strong> Part of the Anoma ecosystem, Namada is a new L1 focused on multi-chain privacy. Built on Tendermint-BFT, Namada enables “shielded” transfers of assets across chains.</p><p>Using ZK-proofs similar to Zcash, Namada acts as a <strong>privacy hub</strong>: users can deposit assets from Ethereum, Cosmos, etc., mix them in a shared anonymous pool, and withdraw to a different address in another chain—breaking traceability.</p><p>While Namada doesn’t support arbitrary smart contracts, it competes in the “multi-chain privacy access” space. Its scope is narrower than Seismic’s but complementary.</p><p>Seismic aims to provide a full private compute platform, whereas Namada specializes in anonymous asset transfer. Both use Tendermint-BFT and could collaborate—for example, Seismic as the compute layer, and Namada as a cross-chain privacy bridge.</p><p>In infrastructure terms, Namada focuses on asset privacy across chains, while Seismic focuses on logic and state privacy within a chain. These approaches are complementary and may overlap in user base—e.g., DEXs could use Seismic for private logic execution and Namada for private liquidity routing.</p><hr><p><strong>Other Projects:</strong> Numerous other initiatives are exploring Web3 privacy and secure computation:</p><ul><li><p><strong>Phala Network</strong> (a Polkadot parachain using TEE for off-chain confidential tasks)</p></li><li><p><strong>Manta Network</strong> (Polkadot-based zkSNARK privacy layer focused on DEX and payments)</p></li><li><p><strong>Concordium</strong> (an L1 combining privacy with identity for regulatory compliance)</p></li><li><p><strong>Obscuro</strong> (an Ethereum L2 using TEE, focused on hiding mempools and transaction contents)</p></li><li><p><strong>Espresso</strong>, <strong>Sunscreen</strong>, and others exploring FHE and new cryptographic primitives</p></li></ul><p>Each project addresses privacy from a unique angle—some prioritize corporate/regulatory compatibility (e.g., Concordium), others emphasize user anonymity (e.g., Monero, Zcash), and some explore scalability or new crypto models (e.g., Espresso).</p><p>Seismic stands out by combining <strong>EVM compatibility</strong> with <strong>deep protocol-level privacy</strong>, and minimizing user-side complexity. Still, it must compete with mature ecosystems (Secret, Oasis) and high-profile ZK newcomers (Aleo, Aztec).</p><ul><li><p><strong>Trust model</strong> (hardware vs. cryptographic)</p></li><li><p><strong>Developer experience</strong></p></li><li><p><strong>Performance</strong></p></li><li><p><strong>Ecosystem maturity</strong></p></li><li><p><strong>Support and tooling</strong></p></li></ul><p>Seismic bets on ease and productivity—for example, porting existing Solidity code into a private blockchain in minutes. This could give it an edge over platforms requiring new languages or limiting functionality in pursuit of privacy.</p><hr><h2 id="h-analysis" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0"><strong>Analysis</strong></h2><p><strong>Strengths:</strong> Seismic has several advantages that could contribute to its success.</p><ol><li><p><strong>Privacy + Compatibility:</strong> A unique combination of privacy and compatibility: developers can use the familiar EVM/Solidity stack in a fully confidential environment. This lowers the entry barrier significantly—Seismic addresses the issue where only a handful of highly skilled teams could previously build private protocols after months of integrating ZK or MPC solutions. Now, privacy development becomes accessible to a broader pool of developers, potentially triggering an explosion in dApp diversity.</p></li><li><p><strong>Proven Viability:</strong> Even in its early stages, Seismic has demonstrated feasibility: the source code for key components is open, a testnet is live, and working contract examples exist. This builds community trust—unlike many “theoretical” projects, Seismic shows tangible progress.</p></li><li><p><strong>Strong Backing:</strong> The project has strong investor support, including a16z and Polychain, providing not only capital but access to partnerships, hiring pipelines, and publicity.</p></li><li><p><strong>Market Timing:</strong> Seismic addresses a pressing need—privacy is widely recognized as the next critical step for Web3. The project is positioned at the crest of this wave with a solution that directly meets the current demand.</p></li><li><p><strong>Architectural Flexibility:</strong> The use of modular consensus (CometBFT) makes Seismic potentially interoperable with Cosmos and other ecosystems. Its open-source approach and permissive licensing can attract external contributors.</p></li></ol><hr><p><strong>Weaknesses:</strong></p><ol><li><p><strong>Trust Model – Hardware Dependency:</strong> The main concern is reliance on hardware trust. Seismic’s privacy is only guaranteed as long as Intel TDX (or other TEEs) remain secure. The history of SGX includes side-channel vulnerabilities (e.g., Plundervolt), which raises valid concerns. While TDX/SEV-SNP architectures are much improved—isolating enclaves inside VMs and eliminating many SGX flaws—the risk of total compromise isn’t zero. A critical vulnerability could expose private contract states.</p><p>Seismic tries to mitigate this by initially allowing only validators in controlled environments (cloud data centers with vetted hardware), and promises prompt patching in collaboration with Intel if needed. Still, hardware trust may deter decentralization purists.</p></li><li><p><strong>Initial Centralization:</strong> As with any new chain, Seismic launches with a limited validator set, mostly controlled by the team or close partners. This is exacerbated by hardware requirements—few individuals can run a validator with TDX in the early days. Although the project will likely transition to a delegated PoS model over time, the testnet phase effectively starts as permissioned. This may slow community engagement and adoption among decentralization advocates.</p></li><li><p><strong>Ecosystem Inertia:</strong> Ethereum developers may hesitate to migrate to Seismic, preferring to wait for maturing L2 privacy solutions (e.g., Aztec, Polygon ID) or opt for existing private L1s (Secret, Oasis). Ecosystem inertia is powerful. Seismic must prove its benefits (ease + privacy) outweigh the costs (new network, low initial liquidity, validator operations). Ethereum has millions of users; Cosmos has interchain infrastructure (IBC); Polkadot offers shared security. Seismic starts from scratch and will rely on fast ecosystem growth to gain traction.</p></li></ol><hr><p><strong>Opportunities:</strong></p><ol><li><p><strong>Turnkey Privacy Platform:</strong> Trust in TEE, while a risk, is also a strategic opportunity. Seismic could become the de facto platform for developers who need privacy <strong>now</strong>. Instead of building complex ZK systems from scratch, startups could launch private DeFi apps using Seismic—just like many DeFi projects chose to launch on Ethereum instead of creating their own chains.</p><p>Seismic could become the Web3 operating system for private dApps. Projects mentioned in RootData (e.g., Silent Protocol, Fairgate, NES.tech) might build atop Seismic instead of launching their own L1s—especially if Seismic offers SDKs and dev tools.</p></li><li><p><strong>Enterprise &amp; TradFi Integration:</strong> Once established in the crypto community, Seismic could target traditional finance and enterprise use cases—banks, fintechs, logistics firms—all of which are exploring blockchain but hesitate due to data transparency. Seismic offers an attractive model: a <strong>private smart contract platform with DeFi compatibility</strong>.</p><p>Backers like a16z could help connect Seismic to stablecoin issuers or payment firms. Just one or two major enterprise case studies (e.g., Seismic powering a confidential settlement layer) could create a snowball effect.</p></li></ol><hr><p><strong>Risks &amp; Threats:</strong></p><ol><li><p><strong>Regulatory Pressure:</strong> Fully encrypted transactions complicate anti-crime monitoring and may attract regulatory scrutiny. Some governments already restrict anonymous cryptocurrencies (e.g., Monero bans, exchange listing rules).</p><p>Seismic could face pressure to include regulatory backdoors, which would contradict its privacy ethos. The team may need to design optional compliance features—such as enterprise modes or integrations with regulated stablecoins—to demonstrate accountability.</p></li><li><p><strong>ZK Breakthroughs:</strong> A major leap in ZK—simplified tooling or a dramatic performance boost—could weaken the argument that “TEE is easier than ZK.” Massive capital and talent are pouring into ZK privacy, and we can’t rule out rapid advancements. Seismic may be forced to pivot to hybrid models or risk falling behind.</p><p>However, Seismic’s innovations (e.g., secret types in Solidity) could still be useful in future ZK+TEE solutions.</p></li></ol><hr><p><strong>Alignment with Web3 Trends:</strong></p><p>Seismic aligns strongly with current Web3 trends:</p><ul><li><p><strong>Confidential Computing &amp; User Privacy:</strong> Growing awareness of the downsides of full transparency is driving demand for privacy in crypto apps—private transactions, anonymous logins, shielded DeFi balances. Seismic directly addresses this by making privacy a <strong>default property</strong> of the chain.</p></li><li><p><strong>Modular &amp; Custom L1/L2 Architectures:</strong> Web3 is moving away from &quot;one chain fits all&quot; toward purpose-built chains and rollups. Seismic fits this trend as a privacy-specialized L1 that can be deployed as a sovereign chain, parachain, or rollup.</p></li><li><p><strong>Ethereum Compatibility:</strong> EVM compatibility remains critical. Many privacy projects introduced new VMs/languages and struggled to attract developers. Seismic meets developers <strong>where they are</strong>, preserving their Solidity workflows while offering new capabilities. This aligns with the broader middleware/tooling evolution in Web3.</p></li></ul><hr><p><strong><em>Conclusion:</em></strong> Seismic is one of the most ambitious and technically intriguing projects at the intersection of cryptography and blockchain infrastructure. If it can overcome the listed risks, it could <strong>set a new standard for privacy in Web3</strong>.</p><p>Success will depend on enclave stability, developer experience (SDKs, docs), and real-world network performance. The upcoming mainnet launch will be the true test.</p><p>If successful, Seismic could spark a wave of private dApps and validate the <strong>“encrypted blockchain”</strong> model. If not, its learnings will still inform future private protocol design.</p><p>In any case, Seismic is driving the privacy conversation forward—offering a clear, functional path to privacy without sacrificing usability. That contribution alone makes it a project worth watching.</p>]]></content:encoded>
            <author>lumin@newsletter.paragraph.com (Lumin)</author>
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            <title><![CDATA[Guide for Opside Pre-alpha Testnet Carnival]]></title>
            <link>https://paragraph.com/@lumin/guide-for-opside-pre-alpha-testnet-carnival</link>
            <guid>HY6faPkCGxsUOxj1CNTo</guid>
            <pubDate>Thu, 25 May 2023 10:14:49 GMT</pubDate>
            <description><![CDATA[Along with the official launch of Opside pre-alpha testnet, we are solemnly introducing the exhilarating carnival to you! Opside offers an immersive and rewarding experience powered by Galxe, where all users can freely engage in a variety of tasks and earn loyalty points for your participation.https://galxe.com/Opside/campaign/GCpHhUYvoxTYPES OF TASKSThere are three categories of tasks:Opside UnitedOpside DiveInOpside&apos;s dApp EvolutionOpside UnitedThis section highlights the significance ...]]></description>
            <content:encoded><![CDATA[<p><strong>Along with the official launch of Opside pre-alpha testnet, we are solemnly introducing the exhilarating carnival to you!</strong></p><p><strong>Opside offers an immersive and rewarding experience powered by Galxe, where all users can freely engage in a variety of tasks and earn loyalty points for your participation.</strong></p><blockquote><p><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://galxe.com/Opside/campaign/GCpHhUYvox">https://galxe.com/Opside/campaign/GCpHhUYvox</a></p></blockquote><h2 id="h-types-of-tasks" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">TYPES OF TASKS</h2><p>There are three categories of tasks:</p><ul><li><p><strong>Opside United</strong></p></li><li><p><strong>Opside DiveIn</strong></p></li><li><p><strong>Opside&apos;s dApp Evolution</strong></p></li></ul><h2 id="h-opside-united" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Opside United</h2><p>This section highlights the significance of community engagement. To strengthen your participation, actively engage in the Opside Discord, contribute valuable insights, develop captivating content, and coordinate offline events. Share your experiences with Opside and spread the word to others. By doing this, you can accumulate more loyalty points!</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/666fba06082922dc663b6a4dcaff792aff74f4377bd8984d192ed8f6b40b346b.png" alt="Opside United tasks" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Opside United tasks</figcaption></figure><ul><li><p><strong>OpsideZK‘s Twitter Followers ( 2 points )</strong> Follow Opside on <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/OpsideZK">Twitter</a></p></li><li><p><strong>Opside Discord Mage ( 2 points )</strong></p></li><li><p><strong>Opside Discord Cleric ( 4 points )</strong></p></li><li><p><strong>Opside Discord Sage ( 5 points )</strong></p></li><li><p><strong>Opside Discord Cardinal ( 7 points )</strong></p></li></ul><p><em>Join the </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://discord.gg/opsidezk"><em>Opside Discord</em></a><em> channel, communicate in channels,</em> <em>help the newbies to level up and get loyalty points. Below you can see what role you get in each level.</em></p><p><strong>Level 5: Mage Level 10: Cleric Level 15: Sage Level 20: Cardinal</strong></p><ul><li><p><strong>Visit the Opside Home Page ( 1 points )</strong></p></li></ul><p><em>Click on the visit button on Galxe and in one minute verify the task</em></p><ul><li><p><strong>Post 3 tweets about Opside using #opside hashtag ( 5 points )</strong></p></li></ul><p><em>Post three tweets about opside using the #opside hashtag and fill out the </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://forms.gle/VKyZivTcZ2ehTpJH9"><em>Google form</em></a><em>. Qualified users will be updated on a daily basis.</em></p><ul><li><p><strong>Share 3 memes of Opside on Twitter &amp; Discord using #opside hashtag ( 5 points)</strong></p></li></ul><p><em>Share 3 memes of Opside on Twitter &amp; Discord using the #opside hashtag and fill out the </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://forms.gle/HMfbeQ3pCnWq8jmNA"><em>Google form</em></a><em>. Qualified users will be updated on a daily basis.</em></p><ul><li><p><strong>Create and share 2 videos about Opside on Youtube ( 10 points )</strong></p></li></ul><p><em>Create and share two videos on YouTube, with each video being at least 5 minutes long. Be sure to include information about Opside. Fill out the </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://forms.gle/fbUVuv2eCPVXyLdy9"><em>Google form</em></a><em> and wait for review.</em></p><ul><li><p><strong>Holding offline meet-ups ( 40 points )</strong></p></li></ul><p><em>We encourage communities to organize offline meet-ups for Opside. Please fill out the </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://forms.gle/KetWHxYXpuMahMLBA"><em>Google form</em></a><em>* with the details of your meetup. Qualified users will be updated on a daily basis.</em></p><p>*Host an offline meetup and share the photos or videos(Minimum of eight attendees)</p><ul><li><p><strong>Tweet Quoters &amp; Mention 1 friend ( 2points )</strong></p></li></ul><p><em>OpsideZK’s </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/OpsideZK/status/1661198866119806977"><em>Tweet</em></a><em>, </em><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/intent/tweet?text=%23Opside%20https://twitter.com/OpsideZK/status/1661574985612394496"><em>Tweet</em></a><em> quoters who also hashtagged #Opside and mentioned at least 1 friend.</em></p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/704bb11d51f720a4ffa76972f9348c705df11db2c5e1584af5d942ffbc18bf9a.png" alt="Quote tweet Example" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Quote tweet Example</figcaption></figure><h2 id="h-opside-diveln" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Opside Diveln</h2><p>Welcome to the exhilarating Opside Pre-Alpha Testnet Carnival, a captivating event that highlights the potential and resourcefulness of the Opside ZK-RaaS network. In this segment, we will primarily focus on the diverse interactions within Opside, encompassing general interactions, bridging, and more. Embark on this thrilling journey with us as we explore the innovative world of the Opside network!</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/0fa49c89fe374278db17c273e033c408cfa8a45c05f3d6f900285d48aaf74e8f.png" alt="Opside Diveln tasks" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Opside Diveln tasks</figcaption></figure><ul><li><p><strong>Bridge assets to Opside testnet through Official Bridge ( 3 points )</strong></p><ol><li><p><strong>Add Opside Testnet chain in Metamask</strong> Click <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.opside.network/user-guide/network-configuration/add-opside-network">here</a> to see guide</p></li><li><p><strong>Requesting $IDE tokens on the Discord faucet</strong> Click <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.opside.network/user-guide/get-some-test-tokens-through-faucet#need-ide-to-interact-with-opside">here</a> to see guide</p></li><li><p><strong>Requesting GoerlyETH tokens on the faucet</strong>Click <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://goerlifaucet.com/?a=818c11a8da">here</a> to get tokens</p></li><li><p><strong>Go to the bridge </strong><a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://pre-alpha-bridge.opside.network/"><strong>website</strong></a><strong> and connect the wallet</strong></p></li><li><p><strong>Switch to the GoerlyETH network, select ETH and amount and click <em>Confirm</em></strong></p></li><li><p><strong>Confirm the transaction in the Metamask and wait</strong></p></li><li><p><strong>Within a 5-10 minute, the transaction is confirmed</strong></p></li><li><p><strong>Switch to the Opside Testnet network, select WETH and amount and click <em>Confirm( need 12 $IDE for bridge fee)</em></strong></p></li><li><p><strong>Confirm the translation in the Metamask and wait</strong></p></li><li><p><strong>Within a 5-10 minute, the transaction is confirmed</strong></p></li></ol></li></ul><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/28f51f678d8b3fd52a09c125416da5c64f71686b7c1328db80e6a92bffecd06c.png" alt="Step 5 " blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Step 5</figcaption></figure><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/5b7ae2e86476fc788f3cc5a03a2d25d788aeada354960717d539610a9804fe2d.png" alt="Step 6" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Step 6</figcaption></figure><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/587b3ff924362e33e9c151b58e09567a6b664313be20c1b5ad3c099ca77d34f7.png" alt="Step 7" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Step 7</figcaption></figure><p><strong>The data in Galxe is updated once a day. Waiting for the update and verify the            task in Galxe.</strong></p><ul><li><p><strong>Conduct transactions on Opside pre-alpha testnet for a minimum of 30 days( 20 points )</strong></p></li><li><p><strong>Conduct transactions on Opside pre-alpha testnet for a minimum of 60 days( 30 points )</strong></p></li></ul><p><em>Conduct transactions at least 30/60 times in our 90-day testnet, one time per day</em></p><ul><li><p><strong>Conducted more than 30 transactions on Opside pre-alpha testnet ( 10 points )</strong></p></li><li><p><strong>Conducted more than 60 transactions on Opside pre-alpha testnet ( 20 points )</strong></p></li><li><p><strong>Conducted more than 100 transactions on Opside pre-alpha testnet ( 30 points)</strong></p></li></ul><p><em>Conduct more than </em><strong><em>30/60/100 transactions</em></strong><em> on Opside pre-alpha testnet</em></p><ul><li><p><strong>Create your own ZK-Rollup &amp; deploy your dApps on the ZK-Rollup ( 100 points )</strong></p><p>To create and deploy your dApp, please check out the <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.opside.network/developers">documentation</a> and <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://mirror.xyz/opsidezk.eth/73wpokXXU51orFm86EJm3NDI2T7KlEo5Y-9AkjBQlDQ">rules</a></p></li></ul><h2 id="h-opside-dapp-evolution" class="text-3xl font-header !mt-8 !mb-4 first:!mt-0 first:!mb-0">Opside dApp Evolution</h2><p>The work we’re undertaking in this section primarily revolves around interactions with a variety of Layer 3 dApps, encompassing a range of subsectors including gaming, defi, wallets, social media, and NFTs. We deeply appreciate the substantial support we’ve received from numerous high-quality projects right from the inception of Opside. We strongly encourage our community members to actively participate in testing and provide us with their invaluable feedback to help us further enhance Opside!</p><figure float="none" data-type="figure" class="img-center" style="max-width: null;"><img src="https://img.paragraph.com/cdn-cgi/image/format=auto/https://storage.googleapis.com/papyrus_images/1ce151c53fa8f3688099fa27a6bee70e7f8ca1d24b4a797fe9aa11d52c6147c0.png" alt="Opside dApp Evolution tasks" blurdataurl="data:image/gif;base64,R0lGODlhAQABAIAAAP///wAAACwAAAAAAQABAAACAkQBADs=" nextheight="600" nextwidth="800" class="image-node embed"><figcaption HTMLAttributes="[object Object]" class="">Opside dApp Evolution tasks</figcaption></figure><ul><li><p><strong>Confirmed BitKeep address and</strong> <strong>interact with Opside on Bitkeep Wallet(5 points)</strong></p><ol><li><p>Download Bitkeep wallet from <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://bitkeep.com/ru/download?type=2">here</a></p></li><li><p>Import into Bitkeep that wallet, which is connected to Galxe (through a seed phrase or private key)</p></li><li><p>interact with the Opside network using the Bitkeep wallet</p></li></ol></li></ul><p><strong>Like the previous tasks, the data are also updated once a day</strong></p><p>Learn more about Opside:</p><p><strong>Website:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://opsi.de/">https://opsi.de/</a> <strong>Twitter:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://twitter.com/opsideZK">https://twitter.com/opsideZK</a> <strong>Docs:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://docs.opside.network/introduction/welcome-to-opside">https://docs.opside.network/introduction/welcome-to-opside</a> <strong>Blog:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://mirror.xyz/opsidezk.eth">https://mirror.xyz/opsidezk.eth</a> <strong>Github:</strong> <a target="_blank" rel="noopener noreferrer nofollow ugc" class="dont-break-out" href="https://github.com/opside-protocol">https://github.com/opside-protocol</a></p>]]></content:encoded>
            <author>lumin@newsletter.paragraph.com (Lumin)</author>
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