Welcome to our April newsletter!

Last month was action-packed, and we're excited to fill you in on the highlights. On a side note, our team is growing rapidly — don't miss your chance to be part of it. Head over to our careers page to apply now!

What’s New

Blockchain Oracles: Bridging the Gap between Blockchains and the Real World

InfStones recently earned a spot in Blockwork's latest article discussing Blockchain Oracles. Within this insightful investor's guide, Blockworks delves into the significance of blockchain oracles in shaping the verifiable web and explores various types of oracles used across different applications. The article also highlights the diverse range of blockchain oracles and features current projects involving our esteemed collaborators from Chainlink, Switchboard, Gora, Flare, and Stork. With an in-depth section uncovering real-world use cases of oracles today and envisioning their future impact, the guide provides valuable insights into this transformative technology. You can read the full investor’s guide here.

Client Spotlight

StakeStone Selects InfStones to Help Facilitate Their Restaking Efforts  

InfStones has collaborated with StakeStone to help facilitate their staking efforts! StakeStone will utilize InfStones’ expertise in EigenLayer Native Restaking to expand StakeStone's ecosystem and enhance user services. StakeStone functions as an omnichain liquidity distribution network, developing STONE, a yield-bearing ETH, as the standard of omnichain liquidity to establish a standard for omnichain liquidity. This collaboration harnesses InfStones' blockchain infrastructure expertise and customized restaking technology solutions to empower StakeStone's platform, enhancing restaking processes on the Eigen Layer and revolutionizing staking approaches for multiple layers of rewards. You can read more about it here.

5ire Selects InfStones: A Leap Towards Sustainable Blockchain Solutions

InfStones is thrilled to announce its collaboration with 5ire, where InfStones serves as a validator on their groundbreaking blockchain platform, marking a significant stride towards a shared vision of leveraging blockchain for sustainability. Through this collaboration, InfStones' robust validator capabilities merge with 5ire's innovative blockchain framework, enhancing network security, performance, and sustainability practices. This partnership underscores the belief that technology should propel social progress, with both entities committed to fostering a blockchain ecosystem that is not only efficient and secure but also ethical and sustainable. You can read more about this collaboration here.

GenesisLRT Selects InfStones to Enhance Staking Security and Efficiency

InfStones is partnering with Genesis, a leading staking and restaking services provider, to enhance the security, efficiency, and overall user experience of the Genesis protocol. Genesis, built on the EigenLayer protocol, allows users to restake assets across multiple networks simultaneously, increasing liquidity through Liquid Restaking Tokens (LRTs). Unlike traditional staking, users retain access to a portion of their assets, which can be traded while still earning passive income. Leveraging InfStone’s expertise in blockchain infrastructure, Genesis aims to strengthen its staking node operator network security, demonstrating a commitment to enhancing operational capabilities and investor confidence. You can read more about this collaboration here.

Latest Events

Securing MANTA with Staking (AMA Recap)

InfStones participated in an exciting AMA session with MANTA, marking a significant milestone for both organizations and communities. MANTA, the third largest Layer 2 protocol in the Ethereum ecosystem. The session delved into Manta's staking services, notably Manta Atlantic, renowned for privacy preservation and efficient ZK proofs, reflecting InfStones' commitment to user privacy and security. Participants from collaborator companies shared insights into their strategies for supporting Manta's future growth, with InfStones actively contributing, particularly through RPC integration plans, aligning with our mission of driving excellence and innovation. You can read and listen to the full AMA session here.

InfStones Attends ETH Denver 2024!

Our team had a highly productive experience at ETH Denver, engaging in discussions and encounters with innovative projects we're eager to support. We reaffirmed our commitment to existing partners, exploring collaboration avenues to shape the industry's future. Our strong presence underscores our dedication to fostering innovation and education in the blockchain community. Throughout the two-week event, including Buidl Week, our team actively participated in panels, side events, and networking sessions, strengthening connections with clients and partners. At booth 250, attendees engaged with blockchain trends, learned about our services, and explored the future of decentralization. Additionally, Rohit Sarkar, our Business Operations Generalist, delivered a comprehensive presentation. You can read more about our ETH Denver experience here.

Now Trending

EigenLayer Launched Mainnet

EigenLayer has launched its mainnet, detailing a meticulous phased approach for a secure and high-performance rollout. With significant backing, including a $100 million investment from Andreessen Horowitz, and a TVL surpassing $10 billion, the project is set to introduce innovations like EigenDA for hyperscale data availability. The preparation involves a final testnet phase, temporary pausing of webapp and contracts for a smooth operator onboarding, and gradual registration of operators. InfStones, as one of EigenLayer’s initial node operators, pledges robust support for the AVS ecosystem, demonstrating a deep commitment to advancing blockchain technology and enhancing Ethereum's infrastructure.

Swell Network Announces Its Innovative New Restaked Rollup Chain

Swell Network is set to launch its Layer 2 rollup chain in the second half of 2024, utilizing a novel "restaked rollup" framework by AltLayer and integrating features from EigenLayer to offer improved scalability, lower fees, and native restaking yields. This initiative, supported by Polygon's chain development kit for zkEVM capabilities and introducing rswETH as its gas token, aims to enhance the DeFi experience with actively validated services and EigenDA for data availability. Swell's expansion into Layer 2, building on its success since 2023 with over $1 billion in total value locked (TVL) as of March 1st, 2024, underscores its commitment to offering superior liquid restaking services. InfStones is excited to support this venture as a partner validator for Swell's liquid staking and liquid restaking tokens, marking a significant milestone in DeFi's evolution.

Ethereum’s Dencun Upgrade Goes Live

Ethereum's recent "Dencun" upgrade on March 13th marks a significant development in reducing data fees and fostering growth for layer-2 networks like Arbitrum and Polygon through the introduction of "proto-danksharding." This new feature creates a dedicated, less expensive area on the blockchain for data storage, separate from regular transactions, aiming to lower Ethereum's high transaction fees and spur competition among layer-2 networks by making data settling for rollups more efficient and cost-effective. This move is not only a step towards the eventual goal of full sharding, which will enhance Ethereum's transaction processing capabilities and reduce costs, but also supports the integration with data availability layers, crucial for storing rollup-generated data. InfStones, as a longtime Ethereum validator, is committed to supporting these advancements, contributing to Ethereum's growth and the evolution of a more scalable, efficient, and user-centric blockchain ecosystem, signifying a new era of innovation and solidifying Ethereum's leadership in the blockchain space.