1. Introduction

Germany's attitude towards Cryptocurrency is relatively open and friendly. As early as 2013, the German Ministry of Finance began to follow the development of Cryptocurrency and issued relevant policy documents. Germany is the first country in the world to officially recognize the legality of BTC and other Cryptocurrency transactions, and the number of BTC and Ethereum Nodes is second only to the United States. In addition, the German government encourages the active participation of the banking industry and financial institutions in the development of Cryptocurrency, has formulated a more friendly tax system, and provides corresponding regulation and guidance.

2. Overview of the Basic Tax System in Germany

2.1 German Tax System

The main sources of federal Germany's fiscal revenue are tax revenue, other regular income, and capital project income, with tax revenue always being the main source, accounting for about 50% of the total. After the tax reform, Germany's tax revenue has been slowly rising, steadily increasing the proportion of fiscal revenue.

Germany's tax system is known for its complexity, multi-level structure, and efficiency. Germany is a federal country with a three-tier administrative system consisting of the federal, state, and local levels. Each level has its own functions and responsibilities, and the costs incurred to fulfill these functions are borne by the respective level. Therefore, Germany implements a three-tier tax system, which classifies all taxes into shared taxes and exclusive taxes. Shared taxes are shared by the federal, state, and local governments or two of them, and are distributed among the governments according to certain rules and proportions. Exclusive taxes are allocated to the federal, state, or local governments as their own revenue.

Typical representatives of shared taxes include value-added tax (Umsatzsteuer) and income tax (Einkommensteuer), the income of these taxes is jointly levied by the federal government and state governments and shared between them. The revenue from value-added tax is allocated to each state in a certain proportion, while the revenue from income tax is distributed based on population and economic conditions.

The exclusive tax is the exclusive revenue of a certain level of government, which is only levied and managed by the government at that level, without sharing with other governments. The types of exclusive taxes include but are not limited to the real estate tax of local governments and the land transaction tax of state governments. For example, the land tax is a tax levied by local governments on existing land and its surface buildings, and the tax rate is determined by the local government, reflecting the characteristics of tailored policies for different cities.

2.2 Main Types of Taxes

2.2.1 Corporate Income Tax

The corporate income tax payers are divided into unlimited liability taxpayers and limited liability taxpayers. Unlimited liability taxpayers refer to enterprises located within Germany that have a tax obligation for income from the world; limited liability taxpayers refer to enterprises located outside Germany that only have a tax obligation for income from within Germany. If there is a protocol to avoid double taxation between the two countries, foreign enterprises usually enjoy tax reduction benefits. The corporate income tax rate in Germany is 15%.

2.2.2 Personal Income Tax

German residents bear an unlimited tax obligation, that is, they pay taxes on all their domestic and foreign income; non-German residents bear a limited tax obligation, usually only paying taxes on their income within Germany. The scope of personal income tax levied includes: income from agriculture and forestry, income from industry and commerce, income from freelance work, income from employment, investment income, rental income, and other income. Using the form of classification-based and comprehensive calculation, the income tax rate is progressive, ranging from 14% to 45%, with a basic exemption amount.

2.2.3 Value Added Tax

Germany's value-added tax is a turnover tax, borne by the consumer as the final tax burden. The current VAT rate is uniformly 19% nationwide, with a reduced tax rate of 7% applicable to food, books, and other goods. The VAT invoices obtained by enterprises in the course of business operations can be used as input tax deductions when declaring VAT.

VAT declaration can be filed on a monthly or quarterly basis. Newly established enterprises or enterprises with a monthly VAT payment of less than 7500 euros in the previous year can choose to file on a quarterly basis, with the deadline for declaration being the 10th of the month following the end of the quarter. If the monthly VAT payment in the previous year exceeds 7500 euros, monthly declaration is still required, with the deadline for declaration being the 10th of the following month. In addition, enterprises also need to settle and pay the annual VAT at the end of the year.

3. German encryption tax policy

3.1 Qualification of Crypto Assets

Since the birth of BTC in 2009, the scale of transactions involving cryptocurrencies has expanded rapidly. Against this background, on February 27, 2018, the German Federal Ministry of Finance issued a letter based on the judgment of the European Court in the 'Hedqvist case', in which the German Federal Ministry of Finance used the concept of 'Virtual Money' (Virtuelle Währungen), meaning that the rules applicable to the exchange between BTC and traditional currencies can also be applied to the exchange between other Virtual Money and traditional currencies.

The German government has a broad definition of encryption assets. According to the document released by the Federal Financial Supervisory Authority (BaFin) in 2020, it has created a broader definition for Crypto Assets, which, as a financial instrument, although not meeting the definition of TradFi instruments, have the legal status of currency or money, can serve as a medium of exchange, and can be transferred, stored, and traded electronically. The Federal Ministry of Finance (BMF) pointed out in 2022 that a single unit of Crypto Assets is an asset. They reflect the ability to distribute the economic interests associated with the Public Key to another Public Key. They can be valued based on market prices, which are typically determined by exchanges, trading platforms, or listed companies. The beneficiary refers to the person who can initiate transactions and thus 'control' the allocation of Virtual Money or other Token tokens to which Public Key. Typically, this is the owner of the Private Key. However, vesting is not affected if the transaction is initiated through a platform that stores the Private Key or is allocated based on the instructions of the beneficiary.[1]

In terms of tax policy, Germany defines Cryptocurrency as a special product with dual attributes of currency and property. The main Cryptocurrencies (such as BTC) are considered legal private currencies rather than legal tender. It is legal to hold, buy, and use Cryptocurrency. At the same time, since Cryptocurrencies are considered assets, their buying, selling, and profits are usually taxed according to the provisions of personal income tax and capital gains tax, and are exempt from value-added tax.

3.2 Cryptocurrency Tax System

In Germany, the buying and selling of Cryptocurrency and trading profits are considered capital gains. According to the provisions of the German Income Tax Act, capital gains obtained from the sale of Cryptocurrency held by individuals for more than one year are tax exempt. If held for less than one year, the profits from the sale are subject to capital gains tax. According to German tax law, if the profits obtained by an individual from Cryptocurrency transactions in a fiscal year do not exceed 600 euros, this portion of the income can be tax exempt. This provides a certain tax advantage for small-scale personal transactions and investments.

In terms of Mining and stake, the Cryptocurrency income obtained through Mining is generally regarded as part of business activity income and should be taxed as income, but the expenses incurred during the Mining process can be deducted. For the income obtained from Cryptocurrency stake, if the holding period exceeds one year, these returns are tax-free; if it is less than one year, income tax needs to be paid.

In terms of Airdrop and fork income, if the AirdropToken is related to commercial activities, the received Tokens are treated as business income. The Tokens are valued at the market price at the time of receipt; if the Airdrop involves providing services (such as promoting projects on social media), the income from such services belongs to the other income specified in Article 22, Paragraph 3 of the Income Tax Law and should be declared at market price. A fork refers to a hard fork or soft fork of the blockchain. A hard fork will generate new Virtual Money, and the tax treatment is as follows: the newly generated Tokens are treated as independent assets, and the acquisition cost of the distributed original Tokens should be allocated according to the market price ratio of the two Tokens at the time of the fork. The fork itself does not constitute a taxable event, but if the new Tokens are sold within the holding period, the profits are subject to capital gains tax.

In addition, according to the Individual Questions on the Income Tax Treatment of Virtual Currencies and Other Tokens (Einzelfragen zur ertragsteuerrechtlichen Behandlung von virtuellen Währungen und von sonstigen Token) published by the German Federal Ministry of Finance, the exchange of cryptocurrency with traditional currency is exempt from value-added tax. This means that buying and selling cryptocurrency itself does not incur value-added tax, further reducing the tax burden on encryption transactions. In addition, if cryptocurrency is used as a means of payment for purchasing goods or services, the appreciation portion may be subject to income tax.

4. Building and improving the encryption regulatory framework in Germany

The Federal Financial Supervisory Authority (BaFin) of Germany officially defines Cryptocurrency as Crypto Values, considering it as a new type of financial instrument, and introduces 'Cryptocurrency Custody Services' as a new type of Financial Service. According to BaFin's requirements, any company wishing to provide Cryptocurrency custody services, including BTC exchange or BTC custody institutions, must obtain BaFin's approval from January 1, 2020 onwards.

Germany implemented the fifth EU Anti-Money Laundering Directive (AMLD5) in 2020, requiring Cryptocurrency exchange and Wallet providers to comply with strict AML/CTF regulations. These regulations include customer due diligence, reporting suspicious transactions, and implementing internal control measures to ensure market transparency and compliance.

In May 2021, the German Bundestag passed the Electronic Securities Act (Gesetz zur Einführung von elektronischen Wertpapieren, eWpG). The eWpG defines the category of securities as a subcategory of electronic securities. The implementation of the German Electronic Securities Act marks an important step for Germany in the digital finance field, which helps to ensure technological neutrality, improve the efficiency of the financial market, and reduce operating costs. The enactment of this law also reflects the German government's position in promoting Blockchain strategy and technological neutrality principles.

In November 2021, the new German government mentioned cryptocurrency in its alliance protocol and advocated for an equal competitive environment between TradFi and innovative business models. The alliance calls for the establishment of a new dynamic to ensure comprehensive and risk-based regulation of new business models.

In 2022, the German Federal Ministry of Finance issued the first nationwide Cryptocurrency tax guide, 'Individual Issues on the Tax Treatment of Virtual Money and other Tokens,' which covers taxation scenarios such as mining, stake, lending, hard fork, and Airdrop. Specific provisions have been mentioned in the previous text, and this guide further improves the encryption regulatory framework in Germany, demonstrating the government's positive attitude towards the regulation of Cryptocurrency.

5. Summary and Outlook

In terms of tax system, Germany has shown a tolerant and friendly attitude towards Crypto Assets, aiming to balance innovation incentives and Risk Management. This is mainly reflected in aspects such as tax exemption for small profits, tax benefits for personal investments, and VAT exemptions. In the future, Germany may continue to optimize its Crypto Assets tax policies to adapt to market development and international cooperation needs.

In terms of regulatory framework, Germany's cryptocurrency regulatory environment is considered one of the most friendly in Europe, providing a safe and transparent investment environment for cryptocurrency investors. As the cryptocurrency market and related technologies continue to develop rapidly, Germany's regulatory framework will need to remain adaptable to address emerging challenges and opportunities. Germany may strengthen its cooperation with other countries and international organizations in cryptocurrency regulation to promote global regulatory standards.

In summary, the development of Germany's Cryptocurrency tax and regulatory system is providing increasingly clear guidance and incentives for the country's Cryptocurrency industry. We believe that Germany can create an ecosystem that is conducive to the healthy development of Cryptocurrency, and thus contribute to the prosperity of the German economy.

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Have you heard of the "BTC write-in issue"? Not too professional, ultimately it's because BTC has limited programmability. That's why we haven't seen other types of Decentralized Finance applications on-chain with BTC. However, to make the Decentralized Finance economy work normally, users need to be able to exchange, borrow, and earn income from their holdings.

This limited programmability has led to the emergence of blockchains like Ethereum, which offer more web3 functionality and hosted 'wrapped BTC' tokens to reflect the value of BTC. However, compromises to security and reliance on centralized entities have resulted in countless hacker attacks, bankruptcies, and billions of dollars in losses.

We need a solution to go beyond the base layer to leverage BTC. In this article, we'll explain why Web3 needs BTC and introduce sBTC: a non-custodial mechanism that hooks into BTC and will become a cornerstone of DeFi.

Why Choose BTC Web3?

BTC blockchain has never encountered any vulnerabilities or hacker attacks in its 15 years of use, and maintains a network value of over $1.2 trillion, four times that of Ethereum. Web3 requires the decentralization, security, and durability that only BTC can provide.

Decentralization

The governance of Bitcoin is in the hands of its holders, miners, node operators, and other network participants, with its rules encoded in its protocol. When the BTC community resists modifications to the protocol, this decentralization is manifested.

In contrast, the governance structure of Ethereum is more centralized, with a charismatic co-founder and influential entities who can make changes to the Ethereum blockchain and monetary policy. This includes the rollback and settlement of transactions. This flexibility allows for experimentation but also undermines the security and durability of the blockchain, which is essential for building trust in a public economic system.

Security

Ethereum has transitioned from the Proof of Work (PoW) Consensus Mechanism to the Proof of Stake (PoS) mechanism to improve scalability. However, PoS has several fundamental issues that threaten security.

For example, the person holding Token is also the validator of the chain. This leads to decision-making power and financial rewards being concentrated in the hands of the wealthiest currency holder, and depends on wealth measurement standards determined by the system internally rather than externally. Because the largest holder will make decisions that benefit themselves, this may lead to further centralization - the long-term impact of this situation is not yet clear.

In contrast, BTC's Proof of Work mechanism relies on external resources to validate blocks and reward honest validators. It provides a secure, tamper-resistant, and decentralized settlement layer that is valuable for a range of applications.

Durability

Bitcoin has a long and stable history, making it reliable and resistant to change. The experimental spirit and frequent rule changes of Ethereum make it less reliable. The interdependence of Settlement and Smart Contract functions in Ethereum poses a challenge to ensuring system security. In contrast, the smallest and most pure Settlement layer of BTC is considered sacred and inviolable, which helps to ensure system stability.

The original intention of BTC's design was to become the underlying layer for high-value Settlement. Now it is time to introduce more powerful and expressive Smart Contracts required for Decentralized Finance applications by adding layers.

Stacks Bitcoin layer

"Layer" can provide scalable web3 solutions.

We have seen that the ETH layer has brought the entire Decentralization application ecosystem and attracted more capital and market value. Introducing layers for BTC will also bring innovation and sustained rise.

Currently, the top project of BTC Web3 is Stacks BTC Layer, which was launched in January 2021. Stacks extends the functionality of BTC by leveraging its security as an anchor layer without making any changes to BTC itself, to provide Smart Contract functionality, thus supporting the development of Decentralized Finance (DeFi) and other Web3 applications driven by BTC.

Proof of Transfer (PoX)

Using a unique Consensus Mechanism called Proof of Transfer (PoX), Stacks can read the state of the BTC chain and anchor its own Blocks to BTC's Proof of Work (PoW). When BTC forks, the Stacks layer will also fork and has a built-in BTC price Oracle Machine: Stacks Miners spend BTC to mine STX, which serves as an excellent on-chain proxy for the BTC to STX price.

Now, advanced Smart Contracts that leverage the security, capital, and network capabilities of BTC have become possible without any changes to BTC itself.

Clear language

Stacks uses the Clarity Smart Contract language, which is declarative and easy to read for humans. Unlike Ethereum's Turing Complete language, Clarity provides developers with a secure way to build complex Smart Contracts on Bitcoin. Ethereum's Turing Complete language cannot be formally verified and may result in more undiscovered vulnerabilities.

Speed

Once Nakamoto upgrades are complete, Stacks will receive a speed upgrade (with confirmation times of up to 5 seconds per Block) to help scale BTC. One potential unlock is lightning-fast payments on the Stacks layer, benefiting from the finality of BTC. An additional layer built on top, called "subnet," can further enhance speed and scalability, enabling lightning-fast payments with the finality of BTC.

sBTC: The Web3 Holy Grail of BTC

Despite significant progress, Stacks still cannot fully trustlessly transfer BTC in and out of Smart Contract. This has been the "holy grail" problem that BTC has struggled to overcome for nearly a decade.

sBTC is a form of non-custodial wrapped BTC with 100% BTC finality. sBTC will soon appear on the Stacks BTC layer, enabling Smart Contracts on BTC. Prepare for Decentralized Finance, Non-fungible Tokens, and DAOs to operate fully on BTC, using Stacks as an invisible Smart Contract layer.

How does sBTC work?

sBTC works by using a synthetic asset model on Stacks. To obtain sBTC, users must exchange their BTC for sBTC using a Smart Contract on the Stacks network, without relying on centralized entities.

This is achieved through the PoX Consensus Mechanism, which uses a novel trustless peg design that connects to BTC and facilitates sBTC. Additionally, as sBTC is an asset backed 1:1 by BTC, sBTC holders can represent their BTC holdings on the Stacks network as sBTC.

This derivative allows users to participate in Decentralized Finance activities, such as lending or trading, while still retaining ownership and profits of their underlying Bitcoin. In addition, users do not need to pay any fees when converting between BTC and sBTC, apart from BTC transaction fees.

If you need full programmability, sBTC is the closest currency to native BTC. It has all the advantages of Wrapped Bitcoin (wBTC) without any of the drawbacks of wBTC. You no longer need to trust custodians to support wrapped Token and real BTC in a 1:1 ratio as with using wBTC.

Below is a quick breakdown of the design of the hooking mechanism, which is rooted in security, decentralization, and usability:

Deposit Hooked

First, users convert native BTC to sBTC on Stacks by sending BTC to the native BTC Wallet. This Wallet is controlled by a decentralized open membership group called 'stackers', who lock STX Tokens in Stacks' PoX Consensus Mechanism. Through BTC rewards, stackers are economically incentivized to handle peg-ins/peg-outs with the capital they have locked in staking and the rewards they receive.

These rewards provide them with powerful economic incentives to participate in anchoring/exit without introducing additional anchoring costs. Then mint sBTC on the Stacks layer, still protected by BTC (because Stacks follows the finality of BTC).

Source: sBTC White Paper

Outgoing Hook

To peg and redeem native BTC, users need to send requests to stakers, which is processed the same way as BTC transactions.

Then, more than 70% of the stakers must collectively sign to burn sBTC, and programmatically send the corresponding native BTC back to the user's BTC Address. This process may take up to 24 hours at most.

Source: sBTC White Paper

sBTC inherits the spirit of Bitcoin

The spirit of BTC has always been about advocating self-custody.

"BTC is a purely peer-to-peer electronic cash system, allowing online payments to be sent directly from one party to another without going through Financial Institution." - Satoshi Nakamoto, 2008.

The sBTC White Paper was written by the sBTC working group, which is open to the public and involves computer scientists from Princeton University, developers from the Stacks layer, and anonymous contributors.

In 2022, the failures of centralized entities such as FTX, Genesis, and Voyager resulted in losses of over $2 trillion for users. These failures have demonstrated the importance of reaffirming the spirit of Bitcoin: to create a truly decentralized and transparent system.

Based on these fundamental principles, sBTC solves the 'BTC writing problem' and opens a new era of BTC applications, accelerating the BTC economy.

The design goal of SBTC is to be both Decentralization and secure, especially when transferring BTC to another layer that supports Smart Contract and Decentralized application (dApps).

The digital asset enables BTC holders to maintain ownership of their BTC holdings and benefit from the security of BTC, while also gaining access to the constantly evolving BTC Decentralized Finance ecosystem.

Will the staking pool exhibit erroneous behavior?

SBTC is trust-minimized and incentive-compatible: these properties are the same level of security as BTC itself. Stakers will receive BTC rewards for processing sBTC transactions.

In addition, the Wallet is based on a 70% threshold. This means that more than 70% of the stakers must collude in an economically unreasonable way to attempt an attack. If at least 30% of the stakers are honest, then malicious hooking will not occur.

In addition, there is another recovery mode in which the BTC reward will be used to fulfill the pegging request. Therefore, the native BTC will not be "stuck". In addition, the process is completely transparent, so anyone can see how much BTC is in the Wallet on-chain, as well as how much sBTC has been minted.

To ensure the system maintains incentive compatibility, the maximum 'active' ratio of circulating sBTC to locked total STX is 50%. If the maximum ratio is reached, no pegging service will be provided until the ratio is restored. This means that even if the price of STX falls significantly relative to BTC, incentive compatibility will still be preserved.

What is Stacks Nakamoto Upgrade?

The upgrade of Stacks is a Hard Fork of Stacks BTC layer, aiming to unleash the full potential of BTC by improving Block creation speed, Maximum Extractable Value (MEV) vulnerabilities, and the transaction finality of Stacks.

• Faster block time: The Nakamoto upgrade separates Stacks block production from BTC block arrival time, allowing Stacks blocks to be produced every 5 seconds now.

• Finality: The Stacks network anchors its chain history to the BTC chain history to ensure transactions are irreversible. In addition, stackers monitor Miner behavior on the network and ultimately decide whether to include Blocks in the chain.

• MEV Protection: Upgrades can ensure fair reward distribution and prevent manipulation of Maximum Extractable Value (MEV). MEV refers to profits obtained by reordering unconfirmed transaction sequences.

Through updates, Stacks will become a more efficient and scalable layer for Decentralized Finance and Web3 on BTC.

How does Satoshi Nakamoto's upgrade pave the way for sBTC

Satoshi Nakamoto's upgrade to Stacks introduces some functionality, allowing BTC to be transferred to sBTC on Stacks without trust through a hook/hook mechanism managed by a group of Decentralization participants and sBTC signers, paving the way for the launch of sBTC.

sBTC signers are stackers, they lock the BTC sent by users in the Multi-signature Wallet, and then mint sBTC on Stacks and send it to users.

The Nakamoto upgrade also improves the transaction speed on the Stacks network, reducing Settlement time from minutes to seconds. This allows sBTC to be deployed faster and more efficiently in the Decentralized Finance protocol on Stacks.

In addition, this upgrade introduces an improved PoX Consensus model, linking the history of Stack to the history of BTC. In this way, the state of the Stack network will also be recorded in every new BTC Block, making it impossible to change the network's history without changing the history of BTC.

In addition, stackers can also monitor the behavior of Miners and decide whether to add Blocks to the chain, thereby enhancing the security of the Stacks network.

By providing fast and more universal infrastructure, Nakamoto upgrades to provide sBTC with all the necessary Stacks, thereby supporting Decentralized Finance and Web3 on the popular Bitcoin layer.

What is the next step for sBTC?

The introduction of sBTC will emphasize that BTC is not just a store of value. sBTC is built as a decentralized and secure digital asset that will expand the functionality of BTC.

In addition to being launched on Stacks, sBTC will also land on Aptos Network and Solana, to further enhance the role of BTC in the evolving Cross-Chain Interaction Decentralized Finance ecosystem.

With sBTC, builders can fully unleash the potential of BTC as a fully programmable asset, paving the way for the creation of BTC-backed Decentralized Finance, non-fungible Tokens (NFTs), and more.

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Plume, a blockchain native to RWAFi's encryption, announced today the expansion of its strategic partnership with Credbull, a Decentralized Finance platform that focuses on on-chain tokenization of real-world assets (RWA). The partnership aims to provide investors with opportunities to access the private credit market in a transparent and decentralized manner. As a significant development in the Decentralized Finance field, Credbull and Plume are pleased to launch LiquidStone, a customized liquidity and high-yield solution offered on the Plume Network. So far, the Plume Network has announced plans to tokenize real-world assets worth approximately $1.25 billion, providing opportunities for holders to earn profits in the process. The ultimate goal of the Plume Network is to tokenize assets worth $3 billion.

After announcing the plan to integrate high-quality assets into the Plume ecosystem for the first time in May, the cooperation between Credbull, Plume, and Centrifuge has now been upgraded, including significant financial business expansion and a series of new products.

Credbull launched this expansion with a $100 million asset base. LiquidStone will launch a 30-day 10% annualized product with daily redemption of assets and returns. Subsequently, the company will launch broader products in the first quarter of 2025, such as a 90-day 15% annualized product with monthly distribution of returns, ultimately expanding the asset base to $500 million. LiquidStone's underlying asset structure is diversified, covering on-chain high-quality Liquidity assets (HQLA), on-chain mortgage lending, and high-yield financing solutions underwritten by leading SME entrepreneurs.

In addition to the highly competitive and risk-controlled high-yield and Liquidity functions, Credbull also provides unique rewards tailored for Plume's RWAfi ecosystem. These rewards will be targeted at institutional users and retail investors, further enhancing the investment opportunities on Plume.

Credbull CEO Jason Dehni said, "We are excited to deepen our partnership with Plume. This expansion demonstrates our commitment to bringing innovation and high-quality private credit products to the Decentralized Finance space. By leveraging Plume's network and its innovative approach to RWAfi, we can provide more efficient and accessible on-chain structured financing solutions."

Chris Yin, CEO of Plume Network, said, "The design of Plume is to promote the cooperation between RWAfi and the real-world asset industry. Our goal is to simplify the on-chain process and enhance the liquidity of all real-world assets. By partnering with Credbull, a highly regarded on-chain private credit platform, we are further advancing our mission to drive innovation and efficiency in the Decentralized Finance field, while promoting wider adoption of on-chain funds through Centrifuge."

Plume Network is known for its advanced tokenization solution and seamless integration, and it will be the exclusive launch venue for Credbull's on-chain fund new product, promoting RWAfi's innovation and financial inclusivity.

Mpeppe (MPEPE) is an encryption project that combines online gaming and Decentralized Finance. Its presale has raised over $3 million, reaching a significant milestone. In addition to this achievement, Mpeppe (MPEPE) has also launched an exciting new gaming platform on Telegram, providing users with a fun and interactive experience while earning rewards. Mpeppe Casino will be launched soon, and MPEPE30 promo codes will be distributed to early participants. Mpeppe (MPEPE) aims to establish a greater influence in the online gaming and encryption fields.

Achieving the milestone of over 3 million dollars in presale

The presale of Mpeppe (MPEPE) has now exceeded $3 million, marking a significant milestone for the project. Mpeppe (MPEPE) believes that this milestone reflects investors' confidence and growing interest in Mpeppe's online gaming and Decentralized Finance innovations. The success of the presale demonstrates strong support from the community and enables Mpeppe to further develop and grow, advancing the project towards the launch of more anticipated games and casino platforms.

New game platform released on Telegram

Mpeppe (MPEPE) has also launched a new game platform integrated with Telegram, providing users with a decentralized application (dApp) where they can earn Mpeppe Tokens as rewards while participating in games. The user-friendly design of the platform allows users to directly engage with the ecosystem. Additionally, to incentivize early participants, the MPEPE30 promotional code is now live, offering a limited-time 30% bonus for Token purchases.

Mpeppe Casino: Completely changing the encryption gaming industry

Mpeppe (MPEPE) is preparing to launch Mpeppe Casino, a blockchain-driven gaming platform where users can place bets using MPEPE Token. Mpeppe combines the viral appeal of meme culture with the increasing trend of Cryptocurrency in online gambling, creating a unique and captivating casino experience. The platform will provide opportunities to win instant rewards, allowing players to enjoy timely payments and lower Money Laundering through the use of blockchain technology. After using Mpeppe (MPEPE), players will experience enhanced privacy, security, and frictionless gambling.

Early participants can get a 30% bonus promotion

To celebrate the launch of the new Telegram gaming platform, Mpeppe (MPEPE) has launched the $MPEPE30 promotion code, which provides a 30% Token bonus for early joiners. This promotion code aims to reward early participants and encourage participation within the Mpeppe community. By leveraging the $MPEPE30 bonus, users have the opportunity to increase their holdings and profit potential when interacting with the platform.

Meme Power and blockchain driving the game revolution

With a pre-sale amount of over 3 million US dollars, the release of the new Telegram gaming platform, and the upcoming Mpeppe Casino, the Mpeppe (MPEPE) team aims to have a more significant impact on the online gaming and Crypto Assets field. The viral impact of Meme culture, combined with the advantages of Blockchain technology, makes Mpeppe (MPEPE) a project worth following.

About Mpeppe (MPEPE)

Mpeppe (MPEPE) combines elements of Cryptocurrency, Decentralized Finance, and online gaming to provide users with a unique platform. By integrating blockchain technology into its gaming services, Mpeppe is dedicated to creating a secure, efficient, and beneficial experience for its users.

For more information about the Mpeppe (MPEPE) presale, users can visit Mpeppe (MPEPE). Users can join and become community members:

Mpeppe (MPEPE) is the source of this content. This press release is for reference only. This information does not constitute investment advice or an investment offer.

For the first time in Block chain history, a solution that allows dApps to easily connect with any user and operation logic on the Internet, while maintaining verification and end-to-end open source properties.

With the help of Axelar MDS, the potential of Blockchain goes far beyond simple bridges or Oracle Machines. Users can send a message on Telegram to rebalance the insurance pool on Sui, which can then interact with Decentralized Finance protocols on Arbitrum and private Blockchains of financial institutions. This level of integration and interoperability opens up a world of possibilities for Decentralized applications.

The three main components of Axelar MDS are:

Interchain Amplifier: Now on Mainnet, it's a simple, permissionless way to connect your chain with the Axelar Network and its supported chains. It supports dynamic, customizable integrations, and can connect chains such as SUI, Aptos, and Solana.

Inter-chain Token Service (ITS): A trap-grade tokenization tool that can completely replace cross-chain bridges for on-chain minting and management of tokens across any connected blockchains. With ITS, tokens can be natively transferred across-chain while maintaining full functionality and interchangeability.

Axelar Virtual Machine (AVM) supports Amplifier and ITS to enable Smart Contract logic at the cross-chain layer. This opens the door for a new generation of multi-chain developer tools and complex dApp scenarios. ETH introduced ProgrammabilityToken, while Axelar introduced Programmability interoperability.

By combining these additional features, Axelar has created the most comprehensive interoperability platform on the market:

Flexible, enhanced economic security: The connection with ETH (through EigenLayer) and other external Collateral adds a layer of customizability to Interchain Amplifier, which has already allowed for custom security configurations for new integrations.

Built in collaboration with OpenZeppelin to create an open interoperable interface, integrated into OpenZeppelin's leading smart contract library. Developers using these Open Source semantics can plug in any interoperability technology.

On October 3rd, Aptos Labs announced its strategic expansion into the Japanese market through the acquisition of HashPalette, a Palette chain developer.

HashPalette is a subsidiary of HashPort Inc. and the developer of Palette Block chain. According to protocol, HashPort will migrate the Palette chain and the applications of HashPalette (including the EXPO2025 digital Wallet for the 2025 Osaka Kansai World Expo) to the Aptos network. This acquisition is an important part of Aptos Labs' expansion of its influence in the Asian market, and it will also introduce the high-performance Aptos Block chain to one of the most innovative digital economies in the world. The transaction still needs to meet the customary Delivery conditions and approvals. On October 3,

Why choose Japan?

Aptos Labs acquisition HashPalette protocol is a strategic move to enter the Japanese Block chain market. HashPalette has established strong partnerships with major Japanese companies including KDDI, making this acquisition a gateway to some of the most influential enterprises in Japan. By leveraging these relationships, as well as the powerful technology of the Aptos network, Aptos Labs will drive the popularization of Web3 in the entertainment, gaming, and digital asset fields in Japan.

This protocol also demonstrates Aptos Labs' commitment to the Japanese market, helping to provide scalable, secure, and user-friendly blockchain technology to meet Japan's unique needs. Aptos is one of the fastest rising Layer1s, with a TVL of over $550 million, proving its technology's growing popularity worldwide.

"Japan is a key market for Aptos Labs," said Mo Shaikh, founder and CEO of Aptos Labs. "The acquisition of HashPalette's protocol and the migration of the Palette chain of HashPort to the Aptos network are crucial first steps in empowering Japanese enterprises and developers with cutting-edge blockchain technology."

Expo 2025 Kansai, Osaka

Aptos will serve as the exclusive blockchain supplier of the EXPO2025 digital Wallet for the 2025 Osaka Kansai World Expo. As the world's largest and most prestigious international exposition, the 2025 Osaka Kansai World Expo is expected to attract over 28 million visitors from April to October 2025.

Through this collaboration, Expo participants will be able to experience Non-fungible Tokens, digital assets, and Decentralization applications through the EXPO2025 digital Wallet supported by Aptos. Use cases may include exhibition hall reservations, ticketing, and user participation in activities such as loyalty programs and digital collectibles. This partnership will showcase Aptos Labs' ability to provide secure, scalable, and user-friendly blockchain solutions on a global scale.

Commitment to Japanese companies and ecosystem

In addition to this protocol, Aptos Labs will also establish a strategic partnership with HashPort, a leading blockchain consulting and solution company in Japan. Through this collaboration, HashPort will continue to use the infrastructure of the Aptos network to build blockchain solutions for its enterprise clients, further promoting the popularization of Web3 in Japan.

Aptos Labs will support local developers, Non-fungible Token creators, and businesses to cultivate a strong and organic Web3 community in Japan. The company also plans to collaborate with Japanese universities, research institutions, and blockchain startups to create a vibrant ecosystem for Web3 innovators.

Palette Chain Migration

HashPalette has developed one of Japan's most famous blockchain ecosystems, focusing primarily on the entertainment, gaming, anime, and digital asset fields. By migrating the Palette chain to the Aptos network, users and developers will be able to benefit from improved scalability, security, and development tools, driving a new wave of Web3 innovation in Japan.

PLT Token holders are expected to be able to exchange their PLT Tokens for Aptos' native Token APT starting from the end of November. Token holders can exchange through participating Japanese encryption asset trading service providers, and relevant discussions are currently underway. To ensure a smooth transition, APT Tokens are expected to have a one-year lock-up period during which they cannot be sold or transferred. More details on the Token exchange process and integration plan will be announced closer to the exchange date, with the acquisition being a prerequisite for a successful exchange.

About Aptos Labs

Aptos Labs was co-founded by Mo Shaikh and Avery Ching, dedicated to creating better network tools and seamless user experiences, bringing the advantages of Decentralization to the public. Aptos Labs has received support from top investors, including a16z, Katie Haun, Apollo Global Management, Dragonfly, PayPal Ventures, and Franklin Templeton Investments.

About the Aptos Network

Aptos is the next generation Layer1, aiming to continuously optimize, improve performance, and enhance user security.

Original Source: Satoshi Van Gogh

From on-chain code logic to the interaction of the Crypto world, new dynamics and narratives continue to emerge, even in the silent Block data, there is a huge revolution. The vast and mysterious encryption world is becoming increasingly unfamiliar and familiar.

However, there are always challenges waiting to be solved, there are always beliefs to be revalidated, and there is always Consensus that needs to be consolidated.

Just as the revolutions in science and art once opened a new chapter for modern Europe, today, Ultiland is joining hands with creators and investors to promote a wealth renaissance of the Web3 era in this economic winter. It not only inspires the awakening of creators worldwide, but also lays a solid foundation for the real asset system of Decentralization, cultivating the necessary ideological and cultural fertile ground for the takeoff of Decentralization.

In January 2023, Ordinals protocol was humble in its infancy; in February 2024, the BTC ecosystem fully awakened. In just one year, BTC has risen from a single point protocol to a vast ecological landscape. Starting with asset issuance, it forged a solid foundation for Layer 2 scaling, and ignited new sparks in countless races in the Application Layer. Technology and innovation converge like stars, lighting up the boundless future of BTC. This is an era full of unknowns and opportunities. Perhaps, your wealth opportunity is quietly waiting for your discovery and mastery in this wave of encryption world revival.

Ultiland joins hands with BTC, Van Gogh meets Satoshi Nakamoto

Initially, Ultiland's attention did not immediately turn to the BTC ecosystem. Solana seemed like the ideal territory, with its fast speed like a galloping warhorse, low fees, and a thriving ecosystem that attracted countless developers. For Ultiland, Solana seemed to be the long-awaited castle.

Solana is like a "highway" to success, fast and convenient, with almost no need to worry about Transaction Cost. Its ecosystem is vibrant, and projects are rising like brave knights. For Ultiland, this road once seemed smooth sailing, with a bright future.

However, when Ultiland stands on the top of the tower and realizes that the original intention is not only to build a fast-circulating market, but also a world that can carry long-term value. The image of Bitcoin gradually emerges-- that distant and reliable land, waiting to be explored.

In the past, BTC was more regarded as "digital gold", stable and solid, seemingly unrelated to creative freedom.

But Ordinals protocol changed everything. It allows Ultiland to see the deeper potential of BTC, and through inscription technology, any asset can obtain eternal Equity Confirmation.

This is inspiring.

The security and decentralization of Bitcoin are like a century-old city wall that has never been questioned since its inception. It is not only the most secure network, but also gives it new life through Ordinals, providing an eternal Equity Confirmation path for assets such as artistic works and IP, engraving assets in the river of time, never fading.

However, the scalability issue of BTC is like the turbulent sea, blocking the progress of the ship. But BTC, this vast expanse, carries our pursuit of 'eternity'.

Ultiland chooses to bypass the scalability bottleneck through the BEVM's Layer2 extension, ensuring that transaction speed and cost are no longer obstacles. Meanwhile, BTC's security, Decentralization characteristics, and global trust.

This is the pursuit.

Ordinals Technology allows Ultiland to permanently inscribe human assets on the BTC network, like enchanted inscriptions on stone tablets, immortal. The introduction of Layer2 enables the transactions and applications of these assets to flow like turbulent rivers, constantly flowing, activating the vitality of the entire ecosystem.

Ultiland's decision, although full of challenges, is extremely firm. Choosing Bitcoin is a technological breakthrough and a belief in Decentralization and security.

Now, Ultiland, together with BEVM, has embarked on a new journey of RWA on Bitcoin, endowing all things in the world with eternal vitality and bringing unlimited opportunities for creators and investors.

BTC inscription Eternal Equity Confirmation, Layer 2 releases ecological energy

In Ultiland, every work, every IP, and every asset receives eternal Equity Confirmation through the BTC blockchain's inscription technology. This is not only a technological revolution, but also a return of faith - rights never fade, and value never dilutes.

Ultiland will engrave the ownership of works, IP, and real assets on the Bit coin blockchain, so that no one in the world can tamper with or erase their value.

The security of BTC provides unprecedented credibility and permanence for these works and assets. This process gives creators a new level of control: human works are no longer fleeting digital images or fragile paper canvases; worldly assets are no longer pale and cumbersome documents and circulation-deficient paper contracts, but rather gain eternal vitality and global trust through the BTC ecosystem. This is not just a digital Equity Confirmation, but the beginning of endowing civilization creation and human romanticism with ultimate sovereignty.

Decentralized Metadata Sharing, the Future of the Cross-Chain Interaction Ecosystem

Once upon a time, the world of Blockchain was like a fragmented archipelago, isolated from each other, with data stagnating in their own ecosystems. But now, a new force is awakening. Ultiland, like an engine breaking this island, crosses the technological divide, connecting off-chain on the chain, and creating a new chapter in Cross-Chain Interaction ecosystem.

Under the decentralized storage of FIL, RWA metadata such as artistic creation, intellectual property rights, BTC Computing Power, etc., quietly hibernate off-chain, waiting to be awakened at any moment. They do not stagnate due to isolation, but are securely bound through CID Hash (Content Identifier Hash), ensuring integrity and security. When smart contracts are activated, the metadata gathers on-chain like stars, flowing between multiple chains, breaking the barrier of data isolation. Once static assets can now freely shuttle on-chain in BTC, Ethereum, etc., no longer restricted by a single network protocol.

This architecture is like the ancient bridge, connecting the once isolated worlds. Ultiland seamlessly combines decentralized storage with smart contracts, making asset flow like a rushing river. The past shackles have been shattered with this technological breakthrough. Creators and investors are no longer confined by the technological barriers of the Blockchain, but are free to explore the global path of creation and circulation through this bridge. The rise of digitalization of physical assets has opened a new chapter, and Ultiland is the core force of this revolution.

The future of the Cross-Chain Interaction ecosystem is no longer a distant dream, it is already unfolding beneath our feet. Ultiland breaks the boundaries of a single chain, allowing data to flow freely on a global scale, driving an unprecedented era of interconnection.

Each Asset Is a Duet of Wealth and Art

In Ultiland, every piece of art and RWA has the opportunity to become part of the MEME culture. Through the expansion of BEVM technology, Ultiland has created a market of Decentralization, allowing artworks, Memes, IP, and BTC Computing Power to become part of the RWA+Decentralized Finance ecosystem. Creators are no longer limited to static works; they can integrate their works into Decentralized Finance through Ultiland, participate in asset issuance and lending, and derive more attractive uncertainties and value innovations.

Assets are not just assets, they have become carriers of culture.

Meme-like RWA resonates with creation and culture, endowing assets with deeper artistic and communicative power. And all of this will be realized in the BTC ecosystem of Decentralization!

Ultiland combines the financialization of assets with cultural dissemination, allowing every creator and investor to find their own opportunities in this wave of innovation.

The meme-like RWA model combines physical assets with cultural symbols, giving RWA global circulation a more diverse and interesting form of expression, making asset circulation as limitless as art.

Ulti-IProtocol redefines the future of copyright and benefits

The river of technology never stops flowing, and the future of copyright is quietly changing in this torrent. Ulti-IProtocol from Ultiland, like a horn of the same era, sounded the prelude to the Decentralization copyright revolution. In this challenging and opportunistic Web3 world, copyright management is being redefined. Once complex processes are now precise and transparent under the control of Smart Contracts. Creators can personally control their own IP, easily confirm equity, distribute, and monetize.

The past copyright information may be easily forgotten in the long river of history, but today, every piece of artwork, every IP, every real asset, is inscribed on the stone tablet of BTCBlock, eternal in the universe. Smart Contract has become the guardian of these copyrights, automatically executing all permissions and revenue distribution, ensuring that every effort of the creator can receive the deserved return.

Ulti-IProtocol also opens up new paths for secondary creation and authorization management. Creators are no longer unidirectional output, but in this Decentralization system, they work hand in hand with global investors and collaborators. Every authorization, every extension of creation, will proceed smoothly under the guidance of Smart Contract, and all profit distributions will operate as precisely as gears.

This is an innovation that gives creators true sovereignty. The emergence of Ulti-IProtocol has transformed creation from a lonely adventure into a longer victory of collaboration. Through this intellectual property revolution, creators around the world finally have unprecedented freedom to unleash their talents on the stage of Web3 and unleash the enormous potential value of RWA in this digital age.

Just as new communication and flight technologies once shortened the distance of the world, Ulti-IProtocol also shortens the distance between creators and profits, unlocking a future full of possibilities. Through this revolution, Ultiland has opened a new era for global creators, a copyright management era full of opportunities and freedom.

Ultiland and BEVM, inscribing the civilization of Bitcoin

What UltiLand has done is not just a technological breakthrough, but also a reshaping of an ecosystem dominated by creators.

Through the eternal Equity Confirmation of Bitcoin, the Cross-Chain Interaction data sharing of FIL, the Decentralization financial expansion of BEVM, and the Decentralization copyright realization and management of Ulti-IProtocol, Ultiland has created a complete ecological closed loop.

The comprehensive outbreak of the BTC ecosystem marks the golden age of Web3 and RWA assets. Ultiland will be the pioneer of this revolution, leading every creator and investor to a new peak of digital wealth.

From the initial Ordinals single-point protocol to today's multi-level ecosystem, BTC is no longer just a tool for store of value, it has become the center of global Web3 works, IP, and securitization of physical assets.

Ultiland collaborates with BEVM to build a complete solution from creation, Equity Confirmation, tokenization, and application, based on BTC ecology, with its innovative architecture, focusing on Layer2 scaling technology and Cross-Chain Interaction data sharing.

That's right, humanity is standing on the stone steps of a new era, witnessing a Decentralization copyright dominated by creators, and a Web3 issuance and application that display assets one by one. Ultiland and BEVM will open up new territories of wealth for every dream-harboring creator and investor, ushering in a golden age belonging to RWA.

Editor's note: Today, due to the obstacles and dispersion between different blockchains and dApps when users are still using dApps, it leads to the fact that users who actually use encrypted assets do not see a significant rise. Taking dappOS as an example, this article explores how Intents can change this situation.

Users still face significant barriers when using decentralized application (dApps), as their assets, data, and Token flow are scattered across different public blockchains and dApps, which hinders the explosive rise of the user base and limits the potential of the Web3 industry.

Intents are an emerging field that promises to completely change the Web3 user experience and unleash its true potential. In this article, we will explore this new field using dappOS as an example.

The approval of BTC and Ethereum Spot ETF has opened a new era for the Blockchain industry, with a sharp increase in the number of people holding encryption assets directly or indirectly. However, the actual rise in the number of users using encryption assets is not corresponding.

Users still face significant barriers when using decentralized application (dApps), as their assets, data, and Token flow are scattered across different public blockchains and dApps, which hinders the explosive rise of the user base and limits the potential of the Web3 industry.

Intents are an emerging field that promises to completely change the Web3 user experience and unleash its true potential. In this article, we will explore this new field using dappOS as an example.

Decoding Intent: Paradigm Shift in the World of Blockchain

The intention refers to the expected result of the user, without considering the specific execution steps. For example, the traditional method of ETH Workshop transaction requires the user to specify each step of the transaction, including interacting with Smart Contracts, managing randomness, and paying gas fees, which is complex and inefficient. The concept of intention is designed to alleviate the burden on users, allowing them to outsource the transaction creation process to third parties while maintaining control over the transaction.

By abstracting the technical complexity of blockchain transactions and focusing on user-defined goals, the intention-driven model strives to make blockchain technology as simple and intuitive as traditional web browsing. The ultimate goal is to ensure that user interaction with blockchain and decentralized application (dApps) is as seamless as with any traditional Web2 service, thus promoting the wider application of these technologies.

Essentially, intent-centric models are a technological innovation and a philosophical reshaping of the blockchain field, aiming to empower users and foster inclusivity. By emphasizing the consistency between the Web3 experience and the simplicity of Web2, it aims to lay the foundation for a exponential rise in the entry barrier for Web3 users.

Technical Pillar and Implementation Path

Implementing intent-based systems allows users to define the transaction outcomes and operations they expect without specifying the exact execution steps. Through certain mechanisms, users delegate the execution of intent to the system, smart contracts or third-party service providers. Whether automated or manual, the execution process should reflect the user's original intent while leaving enough flexibility and optimization space.

We will take the technical architecture of dappOS as an example to illustrate the intent trading mechanism:

Open market mechanism:

dappOS adopts an open market mechanism that allows service providers to stake when providing intent execution services. Service providers register as service Nodes by staking tokens and selecting the services they are willing to provide. This mechanism ensures dynamic allocation of services and efficient utilization of resources.

Optimistic Minimum Stake (OMS) Mechanism:

The OMS mechanism allows service providers to execute tasks first and then verify the results. This "execute first, verify later" approach greatly speeds up task execution. Intent tasks are specific to value, meaning that users agree to pay the predetermined compensation in the event of task failure, and service providers only need to stake collateral slightly higher than the current total value of intent tasks.

Service Provider:

Service provider is a core component of the dappOS intent execution network. The first step to becoming a service Node is to register, and stake a certain amount of Token in the RegisterManager contract. The staked Token serves as collateral, and the processing power of the Node is proportional to the value of its staked collateral.

The flexible architecture of dappOS allows service providers to support tasks of specific value based on templates, including the following essential elements:

Comprehensive task description: Overview of the end user's goals and conditions for completing the task.

Completion Criteria: Determine the standards for executing the validators' verification tasks status.

The amount of collateral required: The collateral required to complete the task. The task scheduler uses this information to assess the current collateral situation of each service Node and exclude Nodes with insufficient collateral.

Execute validators:

Validators play a critical role in the network by verifying the execution of tasks. If a task fails, validators have the power to vote to penalize service Nodes to ensure that users receive compensation.

Through the Proof of Stake (POS) network mechanism, validators stake Tokens to maintain the security and integrity of the network. Active and diligent validators will be rewarded, thus incentivizing them to continue participating in and maintaining the network.

Task Framework:

To facilitate pricing and verification of intent tasks, dappOS organizes tasks into different frameworks. Each framework can be custom designed according to specific requirements, including pricing, verification, and compensation mechanisms.

Summary:

dappOS allows users to create transactions and delegate them to professional third-party participant networks while maintaining complete control over the entire process. Simply put, if a transaction specifies how to perform an operation, the intent defines the expected result of that operation. Through intent, users can easily express their desired outcomes. This contrasts sharply with current mandatory transactions, which require users to explicitly specify each parameter.

Since the release of dappOS V2 beta, dappOS has integrated with more than 15 Decentralization applications (dApps), including GMX, Stader, KyberSwap, Equilibia, BENQI, and SyncSwap.

GMX

The unified account function of dappOS allows traders and Liquidity Providers to seamlessly access GMX based on Avalanche and Arbitrum from other chains without manually bridging assets. Thanks to the solutions provided by dappOS V2, users can trade and purchase GLP or GM (Liquidity Provider Token for GMX) with an intention-centered user experience. The optimized workflow has improved execution time by 90% and reduced execution costs by up to 20%. Users can deploy their entire asset balance regardless of allocation and pay fees for any Token by confirming complex and interdependent transactions across different chains with a single signature.

Stader

The unified account feature of dappOS allows users to directly manage their total asset balance. Whether sequential or parallel, users can confirm complex and interdependent transactions across different chains with a single signature. With the support of dappOS, Stader users can stake ETH and receive ETHx, deposit ETHx and ETH into the Curve pool to obtain LP Tokens, and continue to stake in Convex Finance to earn CRV and CVX income, all with just one click to complete 15 complex steps. dappOS supports using ETHx to pay for gas fees, making it easy to seamlessly use in multi-chain applications. The income generated by staking and farming is collected by dappOS, and users can claim rewards with a single click without the need to separately visit Curve and Convex.

KyberSwap

The unified account feature of dappOS allows users to trade directly on KyberSwap without manually bridging assets, enhancing asset composability. For example, Ethereum users can borrow assets directly from the Avalanche-based lending protocol BENQI and seamlessly use them on KyberSwap. It also supports paying gas fees with any Token and executing task dependencies with a single signature.

BENQI

BENQI collaborates with dappOS to enhance the Decentralized Finance user experience by integrating the BENQI Decentralized Finance protocol based on Avalanche with dappOS's user-friendly interface. BENQI unlocks Liquidity for assets such as BTC, ETH, AVAX, stablecoins, and dappOS simplifies typically complex Web3 operations, such as Wallet setup and gas fee management. By providing a single Cross-Chain Interaction trading interface and supporting the use of any Token for gas fee payment, dappOS significantly reduces the required steps, making Decentralized Finance more accessible and intuitive.

Equilibria

The unified account feature of dappOS allows users to seamlessly interact with the high-yield pools deployed on Arbitrum by Equilibria, without the need to manually bridge assets. With the support of dappOS V2, users can easily deposit into the aUSDC and rETH pools from any chain, increasing their returns to an Annual Percentage Rate (APR) of 28% through an intent-driven user experience. Users can directly deposit ETH into the rETH pool without the need to mint or purchase rETH on a decentralized exchange. PENDLE rewards can be claimed with a single click and converted into mainstream tokens such as USDT, USDC, ETH, and DAI. dappOS users can deploy their entire asset balances across different chains, confirm complex, interdependent cross-chain interactions with a single signature, and pay fees using any token.

Intent Assets: Innovating the Use of Encryption Assets

dappOS launches the Intend Asset

dappOS has launched a new type of asset-Intent Assets, which can always be used on-chain while providing high returns.

The dappOS intends to leverage the unique capabilities of the network to handle complex Settlements in various scenarios in an economically efficient manner, minimizing user complexity and operational burden. When users use dappOS, they can provide regular or intent assets as input to the network and outsource the Settlement tasks to service providers, expecting to achieve specific results, such as earning profits, interacting with dApps, and withdrawing assets to Centralized Exchange (CEX). The complex process of how these assets are transformed and managed to achieve the expected results is handled by service providers within the network, ensuring that users are not affected by these complexities.

The first batch of Intent assets includes Intent BTC, Intent ETH, and Intent USD. For example, holding Intent USD allows users to earn profits based on USDT while maintaining complete flexibility. Users can extract it as USDT from the exchange in real-time or immediately use it as USDC to supplement Margin on GMX on Arbitrum. The only additional loss incurred by using these assets is gas fees.

Ecosystem Collaboration: The Ripple Effect of Intent-Driven Architecture

The collaboration between dappOS and the above five protocols demonstrates the expected benefits of intent-driven systems for dApps:

1. Unified account management: dappOS's unified account function allows users to directly manage their total asset balance, which can be used in any on-chain dApp. This centralized management method significantly simplifies asset management and improves liquidity and utilization efficiency.

2. Seamless Cross-Chain Interaction Operation: Whether it is cooperating with GMX, Stader, KyberSwap, BENQI, or Equilibria, the seamless Cross-Chain Interaction feature of dappOS allows users to directly perform different on-chain operations without the need to manually bridge assets. This seamless experience reduces operational steps, saving time and costs.

3. Simplify complex operations: dappOS allows users to confirm complex and interdependent Cross-Chain Interaction transactions with a single signature, whether these transactions are executed sequentially or in parallel. This feature significantly improves transaction security and efficiency, reducing the burden on users.

4. Flexible fee payment: Users can use any Token to pay for gas fees, without the need to hold specific Tokens on-chain. This flexibility improves convenience and gives users greater freedom when conducting Cross-Chain Interaction transactions.

5. Reward Management and Conversion: dappOS allows users to claim rewards from stake and Liquidity mining with just one click, and convert them into mainstream Tokens such as USDT, USDC, ETH, and DAI. This feature simplifies the reward management process and improves convenience and efficiency of operations.

The intent-driven system is quietly triggering a revolution. This new concept is not only a tool to simplify user operations, but also a catalyst for reshaping the interaction and value flow of the entire Web3 ecosystem. We believe that the ripple effect of the intent-driven system representing dappOS will manifest in several key dimensions.

· The new frontier of financial innovation: Intent-driven systems and intent assets are opening up new frontiers for financial innovation. Imagine a derivatives market based on user intent: Traders can speculate or hedge on intentions such as 'the user will transfer more than 1 million dollars in cross-chain interactions in the next 30 days'. This not only provides new risk management tools for investors but may also give rise to a whole new prediction market ecosystem.

·The new engine of data economy: Intentional data is becoming one of the most valuable assets in the Web3 world. By deeply analyzing user intention data, we can gain insights into market sentiment, predict capital flow, and even identify emerging Decentralized Finance trends. These insights have great strategic value for Decentralized Finance protocol, DEX, and Centralized Exchange (CEX)

The super glue of the Cross-Chain Interaction ecosystem: Intent-driven architecture and intention assets will become the key adhesive for connecting different blockchains. Users can seamlessly execute complex Cross-Chain Interaction operations through standardized intent protocol, without worrying about the underlying technical details. This improves capital efficiency and paves the way for true Cross-Chain Interaction Decentralized Finance applications. We expect that the Cross-Chain Interaction volume processed through intent protocol will become mainstream.

Conclusion

"Intention" is still a potential early concept, and the intention-driven world construction at the intention level faces significant challenges, not only in system complexity. With the development of basic blockchain technology and the maturity of projects, the focus will shift from infrastructure to application and user-friendliness, and intention-driven projects will become the focus of the entire industry development.

The key lies in the network effect of the intention infrastructure: as the number of Decentralized Finance protocols connected to the intention network increases, the improvement in user experience will rise exponentially. Our model predicts that when the number of connected protocols reaches a critical mass (estimated to be 50-100 mainstream Decentralized Finance protocols), the rise rate will experience a significant inflection point. Based on the current rising trend, we expect this inflection point to occur in the third quarter of 2025. More importantly, intention assets have created a whole new level of value: the intention Data Layer. This layer connects different blockchains and deeply integrates on-chain and off-chain data, which will provide good investment opportunities for market makers, traders, and Decentralized Finance protocols.

From a technical perspective, AI-based intent parsing and execution will be the next breakthrough. In the next bull run, we expect that simple cross-chain interaction operations will be mainly handled automatically by AI systems, greatly reducing the difficulty for users and transaction cost. This will boost the activity of existing encryption users and attract a large number of Web2 users to enter the Web3 world.

In general, intents represent the next stage of evolution of Web3. They simplify the user experience and, more importantly, create a new value capture model. For investors, early participation in intent-driven ecosystems will be crucial to capturing this tremendous opportunity. We strongly recommend closely following the development of this field, especially projects that are at the forefront in Cross-Chain Interaction operations, AI-based execution, and intent data analysis.

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