Project Progress

Biconomy and the Ethereum Foundation launch the ERC-8211 smart batch processing standard to address static limitations in smart contract execution, support dynamic parameter adjustments, and enhance the execution capabilities of AI agents and complex DeFi workflows.

Pi Network has announced its new custodial smart treasury system, designed to securely hold funds and support a variety of trading needs such as NFTs, token transfers, and DeFi applications. The system manages the transaction flow through four on-chain state management mechanisms to ensure transparency and automation. Before the official launch, it will need to complete state machine definition and security audits; no specific date has been announced yet.

AVAX One announced it will develop a 10-megawatt artificial intelligence data center in Alberta, Canada, and purchase 220 Bitmain Antminer S21 Pro mining rigs to expand its Bitcoin mining business, while also advancing digital asset management and its Avalanche ecosystem plans.

Seamless Protocol announced on June 30 that it will shut down, because it has been unable to find a product-market fit for leveraged tokens, facing liquidity challenges and a lack of sustainable revenue. Users must withdraw their assets before the deadline; afterward, only manual interaction will be possible. After the shutdown, the remaining DAO treasury assets will be distributed to SEAM holders according to the governance proposal.

Drift Protocol is developing a recovery plan to stabilize the situation and protect affected users, and to participate in the STRIDE security program by the Solana Foundation. This attack was orchestrated by a North Korean intelligence organization named AppleJeus, involving social engineering and technical infiltration, resulting in an estimated loss of about $285 million in funds, highlighting that the DeFi ecosystem faces major security challenges.

Gate News update: On April 8, according to the ADI Predictstreet official website, the prediction market platform ADI Predictstreet will go live officially on April 9. Previously, the platform had reached a multi-year cooperation agreement with FIFA, becoming the official prediction market partner for the 2026 World Cup.

Gate News update: On April 8, Drift Protocol posted an update on the incident response process for the hack. Drift said that it is currently actively working with asymmetric research and OtterSec to develop a coordinated and aligned recovery plan. At this stage, the primary focus is to stabilize the situation and provide protocol-level assurances for all affected users and partners. In addition, Drift will participate in a security mechanism under the Solana Foundation.

The decentralized exchange aggregator Jupiter launched a Token Verification API (VRFD) on April 8, allowing developers to implement programmatic verification during token creation. The API uses a three-step process; developers must burn 1,000 JUP tokens to submit a verification request, and it requires no Gas fees. The initiative aims to become the standard foundational infrastructure for Solana projects.

Sky Governance submitted two upgrade proposals on April 7, aiming to strengthen the protocol’s capital protection by implementing a stronger solvency-capability buffer and a sustainable staking rewards model, improving long-term stability and focusing on credibility rather than short-term returns.

Gate News message, April 8, DeepSeek’s website and app launched two new modes early this morning. Among them, the Quick mode is for everyday conversation scenarios, providing instant responses; the Expert mode is designed for complex problems and supports deep-thinking functionality, but it requires waiting during peak hours and does not support attachment or voice upload.

Base Chain DeFi lending protocol Seamless Protocol announced its shutdown, operating for more than two and a half years. Users need to withdraw their assets before June 30, 2026. The shutdown is due to the leverage token failing to find product-market fit, along with a lack of liquidity and sustainable revenue. The team will submit a proposal to distribute the remaining assets to SEAM token holders.

Gate News message, April 7, privacy wallet infrastructure platform Privy posted on X that it has added support for wallet swap transactions, a feature enabled by technical support from the Uniswap API.

Velora (formerly Paraswap) has released a new governance proposal. The main adjustments include refocusing on structural decisions regarding the VLR token, terminating the staking plan, closing the DAO treasury and paying for infrastructure services, and stopping fee routing. Going forward, governance will focus on decisions related to the VLR token, and protocol operations will be supported by the development team.

Biconomy’s new Ethereum standard ERC-8211 introduces a “smart batching” mechanism, allowing AI agents to dynamically execute multiple-step DeFi operations within a single transaction, effectively addressing issues with price volatility and changes in transaction fees, in line with the Ethereum Foundation’s strategy to improve the user experience.

Gate News message, April 7, public chain project Rayls announced that its mainnet will go live on April 30 at 23:00. At the same time, Rayls staking plans and its native stablecoin USDr will also be launched. USDr is Rayls’ native, U.S. dollar–backed stablecoin, used to pay network transaction fees.

Gate News message: On April 7, Ethereum Treasury company SharpLink posted on the X platform that since launching its ETH treasury strategy, the company’s cumulative Ethereum staking reward revenue has reached 16,947 ETH. In addition, the Ethereum staking rewards SharpLink received last week were 511 ETH.

Gate News message. April 7, Tether CEO Paolo Ardoino said the team is developing a decentralized search engine called hypersearch. The product is built on a distributed hash table (DHT, a decentralized data storage technology) architecture.

Ether treasury companies may need to use liquid staking and other active yield strategies if they want to offer investors something beyond the staking rewards already available through listed Ether products, Kean Gilbert, head of institutional relations at

AVAX One Technology announces it will advance its AI infrastructure strategy, signing a 10MW microgrid data center FEED plan located in Alberta, using low-cost natural gas power. At the same time, it invests in the purchase of 220 Bitmain mining machines to increase computing power, forming a dual-track layout of “mining + AI.”

Aave V4, launched in March 2026, introduces a new structure of liquidity hubs and spokes to enhance scalability and manage risk. Hubs store assets while spokes handle user interactions and can be updated independently. Credit lines connect them, setting borrowing limits for better liquidity control.