Project Progress

On March 9th, DeFi lending protocol Aave reached 155,000 monthly active users in February, setting a new record with approximately 100% growth. Due to a reduction in low-risk yield strategies, investors are shifting towards DeFi lending. Aave's total value locked across 20 blockchains is nearly $27 billion. The governance group Aave Chan Initiative announced it is ceasing operations due to transparency disputes.

WLFI proposal requires investors holding unlocked tokens to stake for 180 days to retain governance voting rights and earn a 2% annualized return. Although 99% of voters support the proposal, the actual amount of tokens participating in the vote accounts for only 1% of the total supply. The proposal has raised questions about transparency and privileges for large holders, especially due to the lack of an unlock schedule, which affects investor confidence. The project's long-term vision still needs to overcome trust gaps.

Tencent is developing a product called QClaw, which packages the OpenClaw AI agent into a one-click launch bundle. The application aims to simplify the deployment and usage process for ordinary users. Currently in internal testing, it supports various domestic models and is expected to go live soon.

Starcloud announces that later this year it will mine Bitcoin through space mining, becoming the first company to mine outside of Earth. CEO Philip Johnston mentioned that operating ASIC miners in space costs less than GPUs, and this industry is expected to grow rapidly. Starcloud's data center consists of 88,000 solar-powered satellites.

BloFin Research report analyzes Circle's profit model, primarily driven by three factors: "interest rates, USDC scale, and distribution economics." However, OCC's new interpretation of the "GENIUS Act" could pose a serious threat to the collaboration between Circle and Coinbase, affecting USDC distribution efficiency. The report also notes that the stablecoin supply is decoupled from the crypto market prices, indicating that Circle's reserve income is more stable.

The Reserve Bank of Australia successfully completed 19 real financial transactions using Hedera technology under the "Golden Wattle Project," exploring 24 tokenization applications, including bonds and trade finance. This pilot not only confirmed Hedera's technological suitability but also provided practical references for future widespread adoption of tokenized assets by central banks and attracted the attention of other central banks.

Gate News Bot Message, March 09 — According to CoinMarketCap data, as of press time, NAORIS (Naoris Protocol) is trading at $0.04, up 28.49% in the past 24 hours. The highest price reached $0.04, while the lowest dropped to $0.02. The current market capitalization is approximately $23 million, an increase of $5.09 million from yesterday. Naoris Protocol is the first Sub-Zero Layer 1 blockchain, combining security layer and sovereign L1. It uses dPoSec™ consensus mechanism, Swarm AI, and quantum-resistant DePIN architecture to provide real-time trust verification for the entire decentralized ecosystem. The project completed testnet launch on January 31, 2025, and finished testnet and officially launched $NAORIS token trading on November 12. Protocol

Anodos Finance CEO Panos Mekras stated that XRPL has over 7 million accounts and billions of dollars in idle XRP, emphasizing that these assets need to be transformed into everyday payment applications. Anodos plans to launch a financial super app and a self-custody card, utilizing the RLUSD stablecoin to address price volatility issues and promote the practical use of XRPL.

Pi Network successfully completed a proof of concept for AI image recognition, with over 421,000 nodes participating in computation. Testing showed low-latency responses and scalable computing power. This achievement provides early validation for decentralized AI training but still requires further research and commercial deployment.

Orderly launched the Orderly Skills product on March 9. This product supports AI Agent development of applications based on its perpetual futures trading infrastructure, featuring trading management, order book streaming, DEX interface building, and cross-chain fund management functionalities.

Deployer announced on March 9th that the BNKR new staking mechanism will go live. Users who stake BNKR can earn reasoning points daily and enjoy discounts on large language model usage. This mechanism is funded by token revenue, emphasizing real profit distribution with no token inflation.

Aave founder Stani.eth pointed out that real-world assets (RWA) present a significant opportunity for DeFi, but warned that institutions might exploit DeFi platforms to transfer distressed assets to retail investors. He believes that DeFi should focus on financing future infrastructure, a market that could reach a scale of 100 to 200 trillion USD, with stable return potential.

Decentralized trading trust protocol OmniPact announces the completion of a $50 million private funding round, which will be used for smart contract development, security audits, and launching testnets. Its technical architecture addresses trading trust issues through algorithmic escrow, decentralized arbitration, and reputation systems to support real-world asset tokenization and AI agent trading.

XRP is gaining renewed bullish momentum as growing attention around XRP Ledger utility and the RLUSD stablecoin fuels optimism that the network could potentially evolve into a powerful engine for everyday global payments. XRP and RLUSD May Drive Next Phase of Blockchain Payments as XRPL

AlphaTON Capital and Midnight Foundation introduced Vera Report, a secure, anonymous reporting app integrated with Telegram, enabling whistleblowers to submit fraud reports safely. Utilizing advanced security technologies, the platform protects identities and facilitates evidence submission to government agencies. Inspired by Brittany Kaiser's experience with data scandals, the project aims to enhance data security and whistleblower protection.

Chalom presents Ethereum as a global ledger for digital finance, highlighting stablecoins and tokenized assets. Ether is framed as a “trust commodity” securing transactions, with value tied to network demand, not speculation. Chalom stresses Ethereum’s role is distinct from Bitcoin,

Aave Labs has published a proposal for a dedicated bug bounty program for a 24/7 channel to report security issues. High-priority submissions require participants to stake at least 250 USDC, which is forfeited if the report is invalid or deemed spam. Aave Labs has published a proposal to

XLS-65 enables integration of single-asset vaults on the XRP Ledger, allowing users to pool XRP, IOU, or MPT and obtain proportional shares of MPT. XRPL Commons backed the amendment after 257 Devnet tests, which covered exchange logic, access controls, and asset safeguards. The XRP Ledger ha

21Shares listed the TDOT ETF on Nasdaq with a physically backed structure holding actual DOT tokens. The ETF launched with about $11 million in seed capital and charges a 0.30% management fee, according to Eric Balchunas. Polkadot plans a March update capping DOT supply at 2.1B tokens