Pumpfun co-founder alon announced that the platform is updating its token fee mechanism to reduce manipulation. Under the new rules, creators can only redirect fees once, tokens with set fees will be locked, and user rights are protected.
Some traditional financial institutions have maintained a cautious stance toward staking due to existing risks. Jordan Knecht mentioned that a new generation of insurance-backed staking product, CESR, is changing this landscape by offering more stable yields, reducing risks, and attracting institutional investment.
Polygon Labs and Katana, a decentralized finance network incubated by GSR, have acquired decentralized exchange IDEX to support its new product Katana Perps. IDEX will become a core component of Katana Perps, providing high-performance matching engine and on-chain settlement capabilities.