When I first entered the circle, I couldn't understand some blockchain project white papers and documents, and I would doubt whether there was a problem with my intelligence.
Now, if I don't understand the documents / tweets of a cryptocurrency project, I instinctively think the project team must be incompetent, and their unclear expression leads to user misunderstanding.
$ETH 某巨鲸将3,900枚ETH兑换为143.26枚WBTC According to Lookonchain monitoring, as the ETH/BTC ratio decreases, the whale 0x6e17 exchanged 3,900 ETH (worth 16.26 million USD) for 143.26 WBTC at an exchange rate of 0.03673.
Recently, the market's attention on Bitcoin L2 has heated up again, and Bitlayer (BTR) is becoming one of the most notable dark horses in this field. For users focused on on-chain opportunities, this is not only a reflection of technological innovation but also a practical window for participating in ecological growth.
Bitlayer is the first Layer2 network based on the Bitcoin main chain, adopting an Optimistic Rollup architecture. Its emergence is not a simple replication of the Ethereum L2 approach, but rather a deep integration of Bitcoin's security foundation, injecting high-performance smart contract support into Bitcoin without changing its consensus mechanism. This means that developers can build DeFi, GameFi, NFT, and even RWA applications in a highly secure, low-cost, and highly scalable environment, fully unlocking the potential value of BTC.
Bitlayer has several highlights in its technical path: First, the BTC Layer2 model it adopts is based on a Fraud Proof optimistic verification method, which does not require frequent interactions with the main chain, significantly reducing Gas costs; second, by supporting native BTC assets, users can directly operate BTC within the Bitlayer ecosystem without the need for cross-chain bridges; third, Bitlayer provides a complete set of SDKs, RPC access, and EVM-compatible environments, which are extremely developer-friendly, accelerating ecological construction efficiency.
Currently, the Bitlayer mainnet has been launched, and dozens of native DApps, including lending protocols, DEX, on-chain games, etc., are being gradually introduced. At the same time, Bitlayer has also launched the BTR ecological incentive mechanism to encourage developers to deploy projects and users to participate in network interactions, forming a virtuous flywheel effect. #Bitlayer @BitlayerLabs
$ETH Given that the price is falling sharply and the moving averages are aligned bearishly, the most likely scenario is that the downward trend will continue. Although the oversold indicator suggests there could be a temporary bounce upward, the strength of the downward trend, confirmed by the moving averages and the momentum indicator, is dominant. Any bounce may be weak and short-lived, and the price may resume its decline to seek a new support level. DYOR 🤍🤍🤍🤍🤍🤍🤍
I want to express my gratitude to the Binance customer service for the quality of their support. Your professionalism, combined with great kindness, transforms every interaction into valuable assistance. Thank you for combining efficiency and humanity; it is a rarity that deserves to be praised. #BINANCE #ZIYAD #PATRICIABM
🧧What does life seek? Sudden wealth and freedom #Hawk spreading the concept of freedom 👍 influencing the freedom values of all humanity 👍👍👍 🧧What does adversity mean? Earn more Hawk 🦅 Eagle coin 😍😍 🦅Hawk positions itself as the SHIB killer 👏 The first goal is to surpass #SHIB in market value 👍 One hundred million people worldwide holding Hawk is the first goal 💠💠💠💠💠💠💠💠💠💠💠 🧧Friends, do you hold Hawk? Let us know in the comments 👏 #币安HODLer空投PLUME #俄乌冲突即将结束?
Huma Finance's Governance Revolution: How to Reshape the Lending Ecosystem with Voting Weight?
In the decentralized finance (DeFi) field, governance rights are often concentrated in the hands of token holders, but Huma Finance (HUMA) is exploring a more dynamic governance model that links voting rights to the actual usage of the protocol, rather than just token holdings.
1. Contribution-Based Governance Model Unlike traditional DAOs (Decentralized Autonomous Organizations), Huma's governance system may combine two core factors to determine voting weight:
Lending Behavior: Long-term borrowers or liquidity providers (LPs) may receive higher governance rights to ensure their interests are aligned with the protocol's development.
Revenue Stream Contribution: If users frequently borrow on Huma through cash flows such as wages and invoices, their voting rights may increase with usage frequency, rather than just the number of tokens.
This model is similar to "Proof-of-Usage," avoiding whale (large token holder) monopoly on decision-making while incentivizing genuine user participation in governance.
2. Dynamically Adjusted Governance Mechanism
Huma's smart contracts can calculate users' "governance points" in real-time, for example:
Increase a certain voting weight for each completed repayment;
Long-term stable borrowers have a greater say than short-term speculators;
The voting rights of liquidity providers (LPs) are linked to the term of their funding (e.g., long-term lockers have higher weights).
This mechanism can distribute power more fairly and prevent governance from being controlled by a few giant whales.
3. Future Outlook: From Lending Protocol to Autonomous Economy If Huma successfully implements this governance model, it may become a new paradigm in the DeFi field - allowing the protocol's actual users, rather than purely speculators, to dominate the direction of development. In the future, Huma may even introduce a "Borrower Committee," in which active borrower representatives participate in key decisions such as interest rate adjustments and risk management, truly realizing the vision of "governed by users, serving users".
Huma's governance experiment is not only about the lending market, but may also affect the entire DeFi's DAO design philosophy. If successful, we may see more agreements adopt the "use-as-governance" model to promote the evolution of decentralized finance in a more democratic and efficient direction. @Huma Finance 🟣 #Humafinance $HUMA #内容挖矿