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Project Overview
Stack makes it easy to reward users with onchain points for any activity. Stack provides onchain solutions for redeeming points for ERC20 tokens, an admin interface for managing your points program, and simple developer toolkits (SDKs) for integrating a points program into your project.
Ronin to Migrate to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%
gaming-focused blockchain Ronin has announced its migration to an Ethereum Layer 2 network on May 12. The underlying architecture will utilize the OP Stack and integrate EigenDA as the data availability layer. Chain operations are expected to be paused for approximately 10 hours during the migration. The team advises users to unstake their RON in advance or allow the system to handle it automatically after the migration is complete.Following the upgrade, RON's annual inflation rate is projected to decrease from over 20% to less than 1%. Additionally, the treasury will gain new revenue streams from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "proof of allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.
Base Launches Its First Standalone Network Upgrade, Azul, Scheduled for Mainnet Activation on May 13
Base has announced that its first independent network upgrade, Base Azul, is now live on the testnet, with a target mainnet activation date of May 13, 2026. This upgrade marks Base’s first network-level upgrade conducted independently of the OP Stack. Officially, Azul will deliver improvements across three dimensions: security, performance, and developer experience. Specifically, Base will implement a multi-proof mechanism via Azul; base-reth-node will become its sole execution client; and Base will adopt the latest execution-layer specification (Osaka) to maintain full alignment with Ethereum. Users do not need to take any action for this upgrade.
Related news
Ronin to Migrate to Ethereum Layer 2 on May 12, RON Inflation Rate Expected to Drop Below 1%
gaming-focused blockchain Ronin has announced its migration to an Ethereum Layer 2 network on May 12. The underlying architecture will utilize the OP Stack and integrate EigenDA as the data availability layer. Chain operations are expected to be paused for approximately 10 hours during the migration. The team advises users to unstake their RON in advance or allow the system to handle it automatically after the migration is complete.Following the upgrade, RON's annual inflation rate is projected to decrease from over 20% to less than 1%. Additionally, the treasury will gain new revenue streams from staking rewards, Sequencer net profits, and Marketplace fees. Furthermore, Ronin has introduced a "proof of allocation" incentive mechanism based on "Builder Score," distributing RON rewards to ecosystem builders on a monthly basis.
Base Launches Its First Standalone Network Upgrade, Azul, Scheduled for Mainnet Activation on May 13
Base has announced that its first independent network upgrade, Base Azul, is now live on the testnet, with a target mainnet activation date of May 13, 2026. This upgrade marks Base’s first network-level upgrade conducted independently of the OP Stack. Officially, Azul will deliver improvements across three dimensions: security, performance, and developer experience. Specifically, Base will implement a multi-proof mechanism via Azul; base-reth-node will become its sole execution client; and Base will adopt the latest execution-layer specification (Osaka) to maintain full alignment with Ethereum. Users do not need to take any action for this upgrade.
UK Liberal Democrats Call on FCA to Investigate Nigel Farage’s Conflict of Interest Involving Stack BTC
According to Cointelegraph, the UK’s Liberal Democrats have written to the Financial Conduct Authority (FCA) requesting an investigation into Nigel Farage—the leader of Reform UK—and his ties to the bitcoin company Stack BTC. The party questions whether Farage’s appearance in the company’s promotional video, while holding shares in Stack BTC, violates market rules and constitutes a conflict of interest. Stack BTC recently disclosed that it purchased 37 bitcoins—valued at approximately $2.7 million—as corporate reserves; Farage holds a 6.31% stake in Stack BTC through his media company. This incident comes as the UK government advances a proposal to ban cryptocurrency political donations, aiming to prevent external funding from interfering with elections. The FCA stated it will review the letter and respond accordingly.
Stack BTC spends £2 million to acquire an additional 37.19 BTC, increasing its total holdings to 68.19 BTC
According to Yahoo Finance, UK-listed company Stack BTC Plc (ticker: STAK) announced that, as part of its Bitcoin treasury strategy, it recently acquired 37.1898 bitcoins at approximately £53,778 (about $72,385) per bitcoin. Following this purchase, the company’s total Bitcoin holdings increased to 68.1898 bitcoins. Stack BTC Plc focuses on building a high-quality, cash-flow-positive portfolio of businesses while simultaneously advancing its Bitcoin treasury strategy.