The programmable privacy network Aleo announced on X that it will officially deprecate Testnet 3. The new public development environment Testnet Beta is now online, and developers are advised to migrate their applications.

According to Foresight News, Prisma Finance, the LSD stablecoin protocol, has integrated LayerZero, converting its issued stablecoin, mkUSD, into a cross-chain token. The mkUSD token has been launched on Stargate, allowing users to transfer it across various chains, including Arbitrum, OP Mainnet, Base, and BNB Chain.

Odaily Planet Daily News Stargate announced that it has been deployed to the Linea network, and users can perform asset cross-chain operations between the networks supported by Stargate (Ethereum, Arbitrum, Optimism and Base).

Odaily Planet Daily News Stargate tweeted that it has been deployed to the Base network, and can cross-chain from Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum and other networks to Base.

The Stargate DAO community voted to add Circle's euro stablecoin, EUROC, to Stargate to increase the number of users, transactions, and volume. The EUR/USD currency pair accounts for approximately 20% of Forex trading volume. The poll has closed with 95.25% approval.

The cross-chain bridge Stargate community launched a proposal to "upgrade the design of Stargate EqReward" in response to the arbitrage problem caused by the "Suspected Stargate Bug" proposed by Twitter user zhouzhou, requesting (1) to cancel the discount for rebalancing transfers so that it pays less (keep the protocol fee of all transfers at 6-10 bps); (2) update the feelibrary so that the maximum eqReward allocated is the maximum protocol fee of the route (6-10 bps), which means that rebalancing protocol users will Receive 0 fees, but receive no additional rewards for doing so. The above updates will not have a material impact on the Stargate core protocol. By modifying the feelibrary to only return fees rather than rewards, users will not be able to earn additional eqRewards, allowing the protocol to keep more eqRewards and incentivizing Stargate's ongoing balance. The proposal opens at 15:13 on May 28th and ends at 15:13 on May 31st. Currently, it has an approval rating of 92.6%. Foresight News previously reported that on May 25, Twitter user zhouzhou tweeted that the cross-chain bridge Stargate is suspected to have a bug, and a giant whale can make $1,000-$2,000 every time cross-chain by using this bug. U to the flow pool, and then immediately cancel it to make the flow pool unbalanced, and then cross-chain in the same block that was canceled, he has recently traded more than 200 times.” Subsequently, the smart contract developer 0xlittledevil tweeted, "This user is actually in line with the Stargate protocol. His behavior helps rebalance the pool and pays protocol fees, which are all beneficial to the protocol." erRewards The pool is accumulated from the eqFee fee in the user's transfer, which is completely independent of the main agreement. How to allocate eqRewards to incentive rebalancing is only a matter of efficiency. All funds are safe, and LayerZero will deploy a new Fee library to optimize eqRewards. distribution efficiency".

The Ethereum Kaustinen testnet is now live again, a PoS verkle testnet replacing the Condrieu testnet, this time using Proof of Blocks compliant with the new consensus specification. Kaustinen, a city in Finland with the same postcode as Condrieu, replaces the Condrieu testnet, Guillaume Ballet, core developer of Go-ethereum at the Ethereum Foundation, said on Jan. 27 that the new PoS verkle testnet includes block proofs.

DEX and CEX transaction aggregation protocol OpenOcean has integrated Stargate as one of its cross-chain transaction aggregator paths. OpenOcean's cross-chain transaction aggregator currently supports Ethereum, BNBChain, Polygon, Avalanche, Fantom, Arbitrum, and Optimism.

Wormhole, a cross-chain bridge, tweeted that the Wormhole testnet launched the Coinbase L2 network Base testnet Goerli.