Weekly Hot Project Updates: WLFI Token Spending Proposal Sparks Controversy, BNBchain Launches New Stablecoin U, Uniswap Fee Switch Proposal Final Governance Vote, etc. (December 14–20)

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1. World Liberty Financial's proposal to spend WLFI tokens sparks controversy .

World Liberty Financial has proposed a new WLFI token spending initiative, suggesting the use of up to 5% of its unlocked token inventory to boost its USD1 stablecoin partnership. However, the proposal has sparked disagreement within the community. Some holders worry that the token spending could depress the price and harm the interests of those still holding approximately 80% of locked WLFI tokens, while supporters argue that the incentive is beneficial for the long-term ecosystem value. World Liberty's previous token sales raised approximately $550 million for the project, but the price of WLFI has since fallen by about 60% from its peak.

Previously, World Liberty Financial (WLFI) released a governance proposal suggesting the use of a portion of its unlocked WLFI treasury assets to support the promotion and adoption of the stablecoin USD1. The announcement stated that in the past three weeks, WLFI has used USD1 to repurchase approximately $10 million worth of WLFI, secured a major spot trading pair on Binance, promoted the use of USD1 in CeFi and DeFi scenarios, and is working towards finalizing the WLFI token unlocking schedule.

2. United Stables announced the official launch of its USD stablecoin, U, which has been deployed on both the BSC and ETH dual-chains .

On December 15th, Trust Wallet added a tweet pointing to UTechStables (U)'s BEP-20 asset U: 0xDa182944E84092e11370CA521f10AEF488888888; the description is: United Stables develops transparent, secure, and programmable stablecoin infrastructure for global markets; U is a fully collateralized, operation-grade stablecoin designed for institutional trading, DeFi liquidity, treasury operations, and cross-border settlement; it is the first stablecoin to aggregate liquidity, fully collateralized 1:1 with cash and audited stablecoins. CoinMarketCap has also listed United Stables (U). Previously, BNB Chain announced the launch of a new stablecoin focusing on multi-scenario liquidity integration; meanwhile, CZ (Cai Xing) has been following UTechStables.

United Stables has officially launched its USD stablecoin, U, which is currently deployed on both the BNB Smart Chain and Ethereum blockchains. Reportedly, U is based on a 1:1 full reserve backing (USD + leading stablecoins) and features on-chain Proof-of-Reserve (PoR) and monthly audits. Future updates will support enterprise-level privacy protection and AI-native payments (EIP-3009/x402). U already integrates with DeFi protocols including PancakeSwap, Aster, Four.meme, and ListaDAO.

3. The Base App saw over 12,000 new users on its first day of full launch, setting a new single-day record .

On December 18th, Base announced the full launch of its Base app, with over 12,000 new users registering that day, setting a new single-day record. Currently, the Base app, formerly known as Coinbase Wallet and a super app integrating social networking, trading, and exploration, has over 175,000 users.

4. Aptos proposes an improved quantum-resistant signature proposal, AIP-137 (link).

Aptos has announced an improved proposal, AIP-137, to introduce quantum-resistant signatures. This proposal aims to support quantum-resistant digital signature schemes at the account level to address the long-term risks that the development of quantum computing may pose to existing encryption mechanisms. The scheme will be introduced as an option and will not affect existing accounts. According to the proposal, Aptos intends to support the hash-based signature scheme SLH-DSA, which has been standardized as FIPS 205.

5. Lido DAO releases its 2026 ecosystem funding proposal, planning to invest approximately $60 million in LINK.

Lido DAO has released its 2026 Ecosystem Grants (EGG) proposal, planning to invest approximately $60 million to transform from a single liquidity staking protocol into a multi-product, multi-revenue structure platform. The focus will be on advancing Lido Earn and new vault products, and exploring yield products related to stablecoins and other asset classes. The target audience includes institutions, on-chain vaults, and potential regulated entities, aiming to enhance the protocol's long-term resilience and revenue diversification. The proposal has been put to a vote on Snapshot and has reached the legal threshold with overwhelming support. According to Dune Analytics data, Lido remains the largest staking institution in the Ethereum ecosystem, accounting for nearly 24% of all ETH staked.

6. CryptoPunks added to MoMA's permanent collection (link)

CryptoPunks officially announced that eight CryptoPunks have been formally added to the permanent collection of the Museum of Modern Art (MoMA) in New York. This donation was spearheaded by Art on Blockchain, with participation from multiple crypto art collectors, and Larva Labs also contributed some works. This acquisition is considered another landmark case of CryptoPunks, as an early NFT project, entering the mainstream art institution system.

7. Uniswap founders announced that the UNIFICATION proposal has been submitted for final governance voting .

Uniswap founder Hayden Adams announced that the UNIFication proposal has been submitted for final governance voting, which will begin on December 19th at 10:30 PM EST and end on December 25th. If the proposal passes, after a two-day lock-up period, the following measures will be implemented: 100 million UNI will be burned; the fee switch for Uniswap v2 and v3 will be launched on the mainnet and UNI burning will begin; Unichain fees will also be included in the burning mechanism.

8. Ondo launches Ondo Bridge: Supports cross-chain transfers of 100+ tokenized stocks and ETFs.

Ondo Finance has announced the launch of Ondo Bridge, a platform for on-chain securities, now available on Ethereum and BNB Chain. It enables cross-chain transfers of over 100 tokenized stocks and ETFs. This cross-chain bridge was built in partnership with LayerZero, secured by a network of decentralized validator nodes (DVNs) including Canary Protocol, and implemented through Stargate.

9. The Jito Foundation announced its return to the United States due to a clearer regulatory environment for digital assets in the US.

The Jito Foundation, the non-profit organization behind the Solana MEV infrastructure project Jito, announced it will "move back to the United States." Jito Labs CEO Lucas Bruder stated that the foundation was previously forced to operate overseas due to the debanking of the crypto industry during the so-called "Operation Chokepoint 2.0," and cited regulatory changes such as the passage of the GENIUS Act and Congress's advancement of crypto market structure legislation as reasons for the foundation's return to the United States.

10. Aave Early Core Contributor Proposal: It is suggested that AAVE token holders establish a legal entity called LINK through a DAO-controlled platform.

Ernesto Boado, an early core contributor to Aave and co-founder of BGD Labs, submitted an Aave governance proposal (ARFC) suggesting that AAVE token holders, through a legal entity controlled by the DAO, reclaim and centrally manage Aave brand-related assets, including domain names (such as aave.com), social media accounts, naming rights, GitHub, and other key entry points and intellectual property.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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