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Project Overview
Alchemist is a community-driven builders' hub and incubator, working with like-minded developers to finance, incubate, and empower small, agile teams. They are building products that promote a fairer and more transparent crypto ecosystem while growing the Alchemist community.
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MIST founder Cosine: Lido 7-day average APR rises to 4.2%
Cosine noted that Lido's 7-day average APR over the past two days rose from 2.2% to 4.2%, attributing the increase to additional execution layer rewards driven by on-chain competition following the Binance hack.
Alchemix decommissioned old cross-chain bridges on Optimism and Arbitrum, introducing v3 architecture
DeFi lending protocol Alchemix has completed an update to its cross-chain infrastructure, with its old alUSD/alETH cross-chain bridges on Optimism and Arbitrum officially taken offline and replaced with a new cross-chain bridge compatible with v3 Alchemist. Alchemix disclosed that the DVN (Cross-Chain Transaction Verification) configuration has been updated synchronously, maintaining a 2/3 multi-signature confirmation mechanism for cross-chain transactions. Additionally, it has introduced Deutsche Telekom as a verification service provider to enhance the reliability of the cross-chain verification infrastructure.