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first_img Layer2 data platform L2BEAT has been renamed to ETHBEAT

Ethereum Layer 2 data platform L2BEAT announced its rebranding to ETHBEAT. The team stated that their work has clearly exceeded the scope of Layer 2, and the new name aligns with their new mission. The name change does not signify a abandonment of Layer 2 coverage; relevant monitoring will continue, but Layer 2 will no longer be the sole focus. The current emphasis is on confirming whether systems built on Ethereum truly deliver the assurances of Ethereum to users.L2BEAT was launched over five years ago, with the initial goal of organizing the rapidly developing Ethereum Layer 2 at that time. The team tracked adoption through dashboards, starting with total locked value, later adjusting to total assurance value, and expanding to data such as activity levels; they also reviewed the source code of deployed smart contracts to assess whether these systems inherit Ethereum's security guarantees.ETHBEAT will bring its existing transparency and review methods to a broader Ethereum ecosystem and collaborate with other Ethereum organizations. Layer 2 remains one of the core areas, alongside privacy and the upcoming liquid staking, while cross-chain interoperability, tokens, zero-knowledge proofs, native Rollups, and foundational layer changes will also continue to be tracked. The team also launched the CROPS guide, which includes projects that meet principles of anti-censorship, open-source, privacy, and security. Its mission is to help users understand and reduce reliance on intermediaries, clarifying whom users must trust, what these entities can do, and whether users can still exit after other participants withdraw.

R25 Studio launches public testing: Fund establishment compressed from several months to 10 minutes, on-chain asset management enters the programmable era

R25 today announced that its core product R25 Studio, based on the 2 architecture, has officially launched public testing. R25 Studio is dedicated to realizing the vision of "everyone can become an asset manager," fully opening up the capabilities for the establishment, operation, and distribution of institutional-level funds. By abstracting cumbersome legal documents, backend systems, and compliance processes into configurable smart contracts, R25 Studio has successfully compressed the fund establishment cycle from several months to just 10 minutes.The platform revolves around Build, Manage, Earn, and Distribute, covering Vault creation, subscription and redemption, investment management, fee earning, and distribution; asset managers can autonomously set investment parameters, management fees, and performance fee rates on-chain without building complex fund structures from scratch, generate exclusive Vault Tokens/Shares, and list the Vault on channels such as Dapp and Topnod. The platform also provides performance data such as NAV, APY, cumulative returns, and maximum drawdown, helping asset managers monitor strategy performance in real-time.Previously, in Phase 1, Axil launched a private credit Vault on R25 and successfully surpassed $130 million in TVL, validating the reliability of this infrastructure. The registration channel for the first batch of managers is now open.

Gate DEX BountyDrop Launch R2 Airdrop Event

According to the official announcement, Gate DEX BountyDrop has launched the R2 airdrop event. Users can enter the BountyDrop module to participate in tasks through the "Events" page on Gate DEX. Among all participants who complete the tasks, 1,000 participants will be randomly selected to share 1,000,000 R2.In addition, Gate DEX officially launched the "Gas-Free Light Month" special program from March 28 at 18:00 to April 30 at 18:00 (UTC+8). It is reported that for new wallet users who create or import wallets within 7 days, Gate DEX offers 3 full-process gas-free benefits covering sending, authorization, and trading. Existing users can also regularly receive 3 advanced gas-free opportunities each month.Moreover, during the event period, there is a special enhancement of the "First Charge Payment" benefit. Users who recharge 5--100 USDT to the Gas Station for the first time will have the related on-chain fees fully covered by the platform, even if there are no native tokens in their wallets.Gate DEX is an industry-leading multi-chain crypto platform, providing a one-stop connection to over 100 public chains, millions of assets, and tens of thousands of DApps, offering a professional DEX experience and the best solutions for every DEX need. BountyDrop is a dedicated earning activity area in the discovery page of Gate DEX, where users can win rewards or participate in a lottery to obtain airdrop tokens by completing simple tasks.
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