Solana Ecosystem Biweekly Digest #24
Greetings and a warm welcome to the latest edition of the Solana Ecosystem Biweekly Digest! In this issue, explore the impressive advancements made by the Solana community over the past two weeks. Stay updated on recent milestones, including new releases and collaborative projects. Join us as we delve into the key developments steering the future of the Solana Ecosystem.
Solayer Genesis Private Epoch Launch
Solayer, developed since late 2023, is entering its initial phase with the Genesis Epoch, a private, limited deposit phase focused on establishing strong security foundations for Solana’s ecosystem. This phase includes a native SOL restake pool with protocols like Marinade-SOL and Blaze-SOL, offering additional rewards for participants. The private access period, capped at $20M, is invite-only, ensuring a controlled and well-tested launch before expanding. Learn more about it in this article.
Lumen Money, a decentralized lending and borrowing protocol, has launched on Neon EVM. It enables users to lend and borrow cryptocurrencies with algorithmically determined interest rates based on supply and demand. By integrating with Neon EVM, Lumen Money taps into Solana’s native liquidity and offers an alternative platform for on-chain lending and borrowing, utilizing a model similar to Compound Finance. Users can transfer assets between Solana and Neon EVM using NeonPass. Learn more about it in this article.
Phantom Acquires Bitski to Boost Crypto Adoption
Phantom has acquired Bitski, a leading provider of embedded wallets, to enhance onboarding and wallet experiences on Solana. Bitski’s expertise in web3 tools will simplify user sign-in using familiar methods like email and social accounts. This move aims to attract new users and developers, fostering innovation in the Solana ecosystem. Learn more about it in this article.
Colosseum Accelerator Cohort 1 Announced
The inaugural Colosseum accelerator cohort has been unveiled, featuring 10 startups selected from 1,071 teams that participated in the Solana Renaissance Hackathon. These startups, chosen from 34 winning projects, demonstrated exceptional technical talent and vision. Over the next six weeks, they will advance from devnet to mainnet, culminating in a virtual demo day for investors. The startups include Ore, Urani, DBunker, DeCharge, Torque, Legends of the Sun, MeshMap, BlockMesh, Banger, and Rakurai. Learn more about it in this article.
In Summaryn Solayer’s Genesis Epoch initiates secure restaking with a $20M cap. Lumen Money joins Neon EVM for decentralized lending on Solana. Phantom acquires Bitski to improve wallet experiences. Colosseum’s inaugural cohort highlights ten startups from the Solana Renaissance Hackathon.
About SolanaPrime:
SolanaPrime is a Solana-powered, fully decentralized IDO launchpad platform. It serves as the primary market gateway for the next generation of DeFi, GameFi, and Metaverse dApps to launch on the Solana ecosystem, either as direct token participation in the IDO or indirect exposure to SolanaPrime in its entirety.
Follow SolanaPrime’s social media channels to be at the forefront of the Solanaverse:
Telegram Official Community — https://t.me/SolanaPrimeOfficial
Telegram Announcements — https://t.me/SolanaPrimeAnnouncement
Discord — https://discord.gg/pAMHcwh6MX
Medium — https://medium.com/solanaprime
Twitter — https://twitter.com/solana_prime
LinkedIn — https://www.linkedin.com/company/solanaprime
