Author: Yeek.io
Table of Contents Introducing the Chainlink Reserve: Creating a Strategic LINK Token Reserve The Competitive Advantage of the Chainlink Platform How Payment Abstraction Fuels the Growth of the Chainlink Reserve The Core Pillars of Chainlink Economics Creating an Economically Sustainable Chainlink Network
The SEC has clarified that certain liquid staking models do not constitute securities offerings, providing a clearer regulatory framework for Ethereum-based staking protocols. Summary The SEC’s Division of Corporation Finance issued a staff-level statement clarifying that properly structured liquid staking arrangements do not qualify as securities under federal law. Liquid staking models that rely on smart contracts and avoid discretionary control by providers may operate outside the scope of the Howey test. Receipt tokens such as stETH and rETH are not considered securities when they reflect ownership of non-security assets and are issued through administrative processes. The SEC’s interpretation offers…
MANTRA has secured $20m from Inveniam to expand its RWA blockchain in the UAE and U.S., as its native OM token shows early signs of recovery after April’s 90%+ crash. Summary Inveniam’s $20m investment aims to scale MANTRA’s regulated RWA blockchain infra using AI-powered data tools. MANTRA’s TVL plunged from $4m in April to under $500k in August, a trend the partnership hopes to reverse. OM token surged 52% on July 20, triggering a bullish technical crossover and confirming a short-term uptrend. MANTRA (OM), a purpose-built Layer 1 blockchain for RWAs, has announced a strategic partnership with Inveniam, a U.S.-based…
The Internet changed our world. It gave us instant global communication, real-time transactions, and easy access to knowledge. But over time, a few big companies have taken control of it. This centralization makes the Internet more expensive, less private, and harder to access for many. It also creates weak points that can cut people off from the digital world. That’s where DePIN comes in. DePIN is a movement to give control of the Internet’s physical systems back to the people. DAWN is leading the way by building decentralized wireless networks. At the same time, Spheron is making GPU and CPU…
MAMO crashed shortly after it began trading on Coinbase, halting a week-long surge that had pushed the token up over 120%. Summary MAMO dropped nearly 20% after its Coinbase listing, after gaining over 120% earlier in the week. Trading volume for MAMO surged 150% over the past day as traders seem to be locking in profits following the rally. On-chain data shows a surge in whale accumulation alongside a drop in exchange balances over the past 7 days. According to data from crypto.news, Mamo (MAMO) hit an all-time high of $0.227 on Thursday, Aug. 7, before dropping nearly 20% as…
Coinbase, the largest cryptocurrency exchange in the US, is seeking to raise $2 billion in debt just days after delivering a disappointing second-quarter earnings report. The move signals the company’s intent to strengthen its financial flexibility while preparing for future growth opportunities. The proposed raise includes two tranches of convertible debt: $1 billion in convertible senior notes due in 2029 and $1 billion in senior notes maturing in 2032. These notes will be offered exclusively to qualified institutional buyers. The funds raised are earmarked for general corporate purposes, including investments, acquisitions, share buybacks, and repayment of prior debt. The timing…
South Korean digital bank KakaoBank hopes to cement its place in the stablecoin market and is reportedly reviewing various entry strategies, including a potential won-pegged stablecoin. Summary KakaoBank is reviewing stablecoin issuance and custody services as part of its digital asset strategy. The bank’s initiative is being led by a group-wide Stablecoin Task Force involving KakaoPay and other affiliates. Local media outlet reports say KakaoBank’s chief financial officer, Kwon Tae-hoon, has confirmed that the company is evaluating a range of possibilities related to stablecoins, including issuance and digital asset custody services. Is KakaoBank launching a stablecoin? During KakaoBank’s 2025 first-half…
At Spheron, our token strategy isn’t about hype, it’s about purpose. When we designed the $SPON token model, our focus was crystal clear: reward real contributors, support actual usage, and create long-term, sustainable value. Let’s dive into how $SPON is structured, what role uSPON played, and how rewards are distributed across the community. Why Was uSPON Introduced? During Spheron’s Mainnet phase, we introduced uSPON, a non-tradeable utility token to facilitate internal transactions and accurately track real compute usage. Here’s how it worked: uSPON = $1 inside the network, usable for compute access only Non-transferable and non-tradeable — has no external…
Aave is showing signs of stability near the $265 level after a sharp retracement, even as it becomes the first decentralized finance protocol to surpass $60 billion in net deposits. Summary Aave price consolidates at $265, up 3% daily, but down 6% in 30 days. Net deposits top $60B, while TVL and fees signal growing DeFi demand. Technical indicators remain neutral, with upside potential above $280. At $265, Aave (AAVE) is up 3% over the last day but down 4.8% for the week and 6% for the last 30 days. This price movement coincides with a significant on-chain milestone. The…
When the Spheron team first started building the network, we asked ourselves a critical question:Do we even need a token? Not every project does. And in today’s Web3 landscape, launching a token just for the sake of it can often dilute value, misalign incentives, or complicate governance. So, after several deep discussions weighing the pros and cons, we came to a clear conclusion: yes, Spheron needs a token. But not because “every project has one.” We need a token because it plays a fundamental role in the network’s growth, security, utility, and community ownership. Here’s a detailed look at why…