MANTRA DAO Initiates Survey Vote to Solicit Feedback on Team Token Burn Execution

**December 12th** Official sources confirm Pyth Network has launched the PYTH Reserve. Under a structured mechanism, protocol revenue will automatically fund ongoing PYTH token buybacks—directly tying product adoption to network value. Here’s how it works: The Pyth DAO Treasury receives a portion of protocol revenue, then uses those funds each month to repurchase PYTH tokens on the open market. These repurchased tokens form the PYTH Reserve, creating an economic link that injects real product revenue directly into the network’s value.

On December 12, at the recently wrapped Abu Dhabi BNB Hackathon, Binance CEO CZ and DragonVerse founder Natsuki held a forward-looking, in-depth discussion about the massive development potential of culture and IP on blockchain. CZ expressed strong optimism about this direction during the event, saying, “We welcome IPs like Dragon Ball to the BNB Chain.” Following the conversation, the BNB Chain official Twitter account shared a photo of CZ and Natsuki’s on-site chat, retweeted Natsuki’s post, and replied, “Just keep building.” BNB Chain Growth Lead Nina Rong and the BNB Chain’s official Chinese account also lent their support. DragonVerse subsequently launched a Dragon Ball IP royalty-driven buyback and dividend system. It also announced that the second Dragon Ball series IP asset will join its portfolio next week— a move set to further boost annualized returns and expand the on-chain Dragon Ball universe via additional IP acquisitions.

On December 12th at the Solana Breakpoint Conference, Drift co-founder Cindy announced the Solana DeFi protocol will launch a mobile app in Q1 next year. This marks the first native mobile app for a multi-collateral account in the ecosystem, with features including an App Store, native mobile user experience, and upcoming native liquidity provision tools—built to deepen liquidity and speed up trade execution.

According to an official announcement, Binance Futures will launch two perpetual contracts on December 12, with the following schedule: - 18:45 GMT+8 on December 12, 2025: USUSDT perpetual contract (up to 40x leverage) - 19:00 GMT+8 on December 12, 2025: CYSUSDT perpetual contract (up to 20x leverage)

On December 12th at the Solana Breakpoint Conference, FA2 — the developer behind Ranger Finance (a sustainable contract aggregation platform in the Solana ecosystem) — announced it’s ready to launch the Ranger token. The team noted MetaDAO is the most suitable issuance platform, with a minimum fundraising target of $6 million, which stands as the platform’s highest to date.

December 12 — According to monitoring data from HyperInsight (via its Telegram channel @HyperInsight), the largest ZEC short position holder on Hyperliquid has continued to add to short positions in ZEC and ETH over the past two hours. The account has injected roughly $13 million in additional capital today. As of now: - ETH short position: ~$79.53 million, with an unrealized gain of $5.49 million (103% return) and an average entry price of $3,470. - ZEC short position: ~$24.30 million, with an unrealized loss of $3.47 million (-71% drawdown) and an average entry price of $388. Additionally, the account is currently the largest short holder for ZEC and MON on Hyperliquid, and the second-largest for ETH. Its MON short position has also seen a notable recent increase, now totaling $9.90 million with an average entry price lowered to $0.0327. The account’s main profits currently come from its ETH short, with total short position size across all assets at ~$118 million. This a