The full-chain L2 Parallel Network announced a partnership with the pledge protocol Stader Labs to introduce ETHx deposits and liquidity pledges into the Parallel Network. By providing ETHx to Parallel, users can benefit from earning native revenue from Parallel, Parallel points, ETH pledge rewards, and additional Stader incentives.

I had been quite vocal about Optimism on Twitter when it was trading at north of 5bn FDV back in June last year with a view that this red coin is criminally undervalued.

L2BEAT data shows that the current total value locked (TVL) in Ethereum Layer2 is 30.92 billion US dollars, with a 7-day increase of 9.2%, reaching a new historical high.

Scroll is the community-first, native zkEVM built on Ethereum — designed for scaling without sacrificing security, developer, or user experience. Scroll had the fastest growing ecosystem by overall monthly developers between Q4 of 2022 and 2023, at 453%, over two times the next highest ecosystem. This is due to a combination of the simple DevX (EVM bytecode-compatibility), Scroll's heavy focus on developer education, and significant cross-collaboration with Ethereum Foundation contributors.

Layer2 network Blast announced on X platform that it discovered confusion in the submission deadline for the BIG BANG competition project team. The original deadline was set for February 16th, but due to a local time display issue, it appeared as February 17th for some users. Therefore, the official submission deadline for the project team will be extended to 1:00 on February 19th Beijing time.

L2 network Linea stated on X platform that LXP will conduct airdrops through three different activities, and the previously announced Aspecta and Particle activities have been successfully completed.

On February 17th, Layer2 network Blast announced on its social platform that the Blast bridge contract will be upgraded this weekend in preparation for the mainnet launch later this month. The upgrade will take 24 hours but will not affect users. The exact mainnet launch date will be announced next week.

Bridges are generally insecure and economically inefficient. They exhibit an asymmetry between users and bridge operators, where users can easily lose funds. We propose a bridge design that is simple, modular, and utilizes multi-storage proofs and the native messaging system between Ethereum and Layer 2 networks (L2s) as a fallback mechanism.

On January 28th, ConsenSys' Layer2 network Linea announced on social media that users who participated in the DeFi Voyage event and completed the Proof of Humanity certification on the Verax platform before January 22nd will receive an airdrop of LXP (Linea Voyage XP) tokens to their wallets.

On January 27th, according to community feedback, the Bitcoin Layer 2 network Merlin Chain testnet has been launched, currently supporting BTC and Brc20 cross-chain, and test Brc20 tokens can be obtained on the testnet homepage. Test token distribution on the testnet requires block confirmation, which typically takes 30 minutes, and there is currently no incentive plan for the testnet.