This week's featured interactive projects: Boundless Silver Mission Update; Rayls Test Network Waiting List; Yellow Network Earn Points

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ODAILY
07-23
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Original | Odaily (@OdailyChina

Author | Asher (@Asher_0210

Boundless: Ethereum's Native Rollup Modular Execution Layer

Reasons for Participation

Boundless can be defined as "Ethereum's native modular execution layer", a positioning that implies a paradigm shift in blockchain architecture. Just like cloud computing deconstructed data centers into different layers, Boundless is splitting ZK proofs into pluggable components:

  • ZK Mining Market: Borrowing Bitcoin's PoW competitive mechanism, but replacing hash collision with proof generation, eliminating energy waste;

  • Verification as a Service: Similar to AWS Lambda abstracting server management, developers won't need to build verification nodes;

  • Cross-chain Execution Layer: Like HTTP protocol unifying internet communication, Boundless becomes a ZK co-processor shared by multiple chains.

Currently, over 30 teams plan to build and deploy applications on Boundless.

Regarding financing, Boundless is a project under RISC Zero, which has raised $54 million so far.

On July 16th, Boundless announced on X platform that the mainnet Beta version is now online. By completing related tasks, users can obtain the Boundless token sale whitelist and additional token rewards. Tasks are divided into Bronze, Silver, Gold, and Diamond levels, with Bronze and Silver tasks currently unlocked. Additionally, it's worth mentioning that the final mainnet will be launched after the Beta version.

Interaction Tutorial

Interaction Website: https://signal.beboundless.xyz/rewards

STEP 1. Complete Bronze tasks, obtain 10 points to get the Bronze badge. The following image shows community members' feedback on task difficulty for reference.

STEP 2. Complete Silver tasks.

Rayls: EVM-Compatible Blockchain Ecosystem

Reasons for Participation

Rayls is an EVM-compatible blockchain ecosystem designed for financial institutions, balancing enterprise-level privacy protection, scalability, interoperability, and decentralization. Through Rayls, financial institutions can tokenize financial assets and real-world assets (RWA), combine with central bank digital currencies (CBDC) for payments, and simplify cross-border foreign exchange and institutional internal payment processes.

According to ROOTDATA, Rayls has completed two rounds of financing, totaling over $25 million, including:

  • In January 2023, Rayls announced the completion of a $15 million seed round, with ParaFi Capital, Framework Ventures, and L4 Venture Builder participating;

  • In August 2024, Rayls announced the completion of a $10 million Series A round, led by ParaFi Capital, with Framework Ventures, L4 Venture Builder, and Núclea participating.

On July 2nd, they opened a waitlist application to obtain priority access to the testnet, which also means testnet interaction tasks will be launched soon.

Interaction Tutorial

STEP 1. Register for the waitlist (link: https://rayls.com/testnet), fill in personal email, wallet address, and two simple questions, then click "Get early access". Currently, the waitlist has 537,000 people.

STEP 2. Complete tasks on Galxe (link: https://app.galxe.com/quest/degf5vaoivxjsc6t7KimCy/GC9ratmZfN), which is Rayls Brasil onchain, complete social and access tasks to receive Non-Fungible Tokens and Discord roles.

STEP 3. Complete another task on Galxe (link: https://app.galxe.com/quest/degf5vaoivxjsc6t7KimCy/GCzdVtm92X), which is Enter the Rayls, complete social tasks to receive Non-Fungible Tokens and Discord roles.

Yellow Network: Decentralized Clearing Network

Reasons for Participation

Yellow Network is a new decentralized clearing network that helps users trade freely across chains, reducing costs and improving efficiency. Through smart protocols and state channels, it enables transactions to be transmitted as quickly as information, breaking liquidity barriers and making asset circulation more secure and transparent.

According to ROOTDATA, Yellow Network completed a $10 million seed round in September 2024, led by Ripple co-founder Chris Larsen, with participation from ConsenSys, GSR, NxGen, MV Global, Gate Labs, ZBS Capital, Moonrock Capital, Math, Cobo, NOIA Capital, and LD Capital.

Interaction Tutorial

STEP 1. Enter the interaction website (link: https://yellow.com/airdrop), and click "Join Airdrop Now" to log in with a Google email.

STEP 2. Enter the ongoing Season 4 activity, click "Claim Points" for daily check-in (daily check-in requires gas fees, network can be set to Arbitrum One)

STEP 3. Click "Wallet" then "Receive" to transfer assets into the Yellow platform.

STEP 4. After asset transfer, click "Swap" to trade USDT and USDC to increase daily rewards.

STEP 5. Choose to lock assets on the platform to receive daily point rewards.

Source
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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