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

2025.04.18 13:32:15

On April 18th, JP Mullin, a co-founder of MANTRA DAO, launched a Twitter poll to seek feedback on the execution method of the team token burn. He stated, "After announcing the intention to burn all team-held tokens, we have received a significant amount of feedback from the community, investors, and others in the past few days. This decision is for the benefit of the community, and the poll is to understand everyone's views and attitudes on how to implement this." The poll presented four options: immediate full burn, annual extension of the vesting period, transfer to a community multisig wallet, and gradual unlocking over time.
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Dragonfly Partner: Solana and Ethereum Will Both Benefit from Asset Tokenization Wave

December 25th: Dragonfly General Partner Rob Hadick told CNBC’s “Squawk Box” in an interview that as asset tokenization trends accelerate and on-chain economic activity grows, both Solana and Ethereum will benefit from this wave—not a zero-sum game. “Both are Facebooks,” he said. He noted that Ethereum currently powers most stablecoins and core economic activity, while Solana holds a bigger edge in high-frequency trading and transaction throughput efficiency. Data from RWA XYZ shows a wide gap in total asset scale across the two networks: Ethereum (including stablecoins) totals ~$183.7 billion, while Solana stands at ~$15.9 billion, per CoinTelegraph.

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An attacker deposited 95 ETH into Tornado Cash, worth approximately $280,000

On December 25, CertiK Alert monitoring shows a contract attacker has deposited 95 ETH (valued at roughly $280,000) into Tornado Cash. Prior to this, the attacker exploited an uninitialized instance of the EIP-7702 delegation contract: initializing it granted them the owner role, enabling them to drain all funds from the delegator’s address.

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Uniswap Foundation Financial Report Reveals Team's "High Salary Low Ability" Dynamic, Community Outraged

**December 25th Update** Per the Uniswap Foundation’s 2024 financial report, the organization’s annual salary costs totaled $4.8 million—yet its actual work output amounted to just disbursing $10 million in funds. By contrast, the Optimism Grants Council’s staff costs hit $2.6 million while managing a $63.5 million grant budget. The crypto community has noted Uniswap’s executive compensation is on par with Optimism’s entire grants team, but its fund disbursement is only 20% of the comparison. This has spurred calls for UNI holders to demand the foundation justify its value, and ignited a broader debate over DAO efficiency.

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Infinex Lowers Sonar Initial Token Sale Amount and FDV: FDV Decreased to $99.99 Million, Funding Amount Reduced to $5 Million

**Infinex Updates Token Sale Terms for Sonar on Echo (Dec 25)** Cross-chain aggregator DeFi platform Infinex has revised its token sale details for Sonar on Echo: - Offering 5% of its token supply - Lowering the fundraising target from $15M to $5M - Cutting fully diluted valuation (FDV) from $300M to $99.99M Registration opens December 27, with the sale kicking off January 3. The team is also selling an additional 2% of tokens to Uniswap CCA. (Source: Bankless)

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Early Bitcoin Advocate Erik Voorhees Associate Address Transfers 1635 ETH to New Address

Per Onchain Lens monitoring, a wallet tied to early Bitcoin evangelist Erik Voorhees moved 1,635 ETH (valued at $4.81M) to a new address on December 25th, then cross-chain transferred the funds via Thorchain. The wallet currently holds 4,004 ETH, totaling roughly $11.82M.

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Maple Releases 2025 Year-End Letter: AUM Grows to $5 Billion, Target Revenue of $100 Million by 2026

Lending protocol Maple has released its 2025 Year-End Letter, outlining key milestones and 2026 priorities: - Assets Under Management (AUM) rose from ~$500 million to over $5 billion in 2025. - Annual revenue topped $25 million. - Matched trading volume hit $8.5 billion, with ~$60 million in interest paid to lenders. - Partnerships expanded with Aave, Sky, Binance, OKX, Cantor Fitzgerald, Bitwise, and Chainlink to onboard new users and scale the Maple ecosystem. For 2026, Maple will prioritize revenue, targeting $100 million in annual revenue by year-end.

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