-tokens

According to market news, the SIMD-0266 proposal put forward last year has been approved. This proposal introduces the p-tokens token model to improve computational efficiency, theoretically increasing Solana's transaction efficiency by up to approximately 19 times. The Vice President of Technology at the Solana Foundation stated that this upgrade is expected to go live on the mainnet in April.

ChainCatcher message, regarding the question of "how to manage wrapped token collateral," Binance published a blog post in response, stating that assets are always fully collateralized, receiving 1:1 support, and users can withdraw their assets at any time. Sometimes, collateral assets are stored in cold wallets that are not publicly known, or they are not transferred quickly enough to the appropriate hot wallets, which can give the impression that wrapped tokens are sometimes under-collateralized. The 1:1 support for wrapped tokens is securely held in different wallets.Binance stated that in the coming weeks and months, users will see updated wallets on the B-Tokens collateral proof page to further enhance transparency. (Source link)

Chain Catcher news, CoinPrint Wallet has released an announcement regarding adjustments to its products and services, announcing the issuance of a series of debt tokens: IOU (I Owe You)-Tokens, to minimize the impact of the withdrawal suspension.IOU-token represents a certain asset held by users in their CoinPrint Wallet asset accounts and CoinPrint Pool accounts. PoolinWallet will issue six types of IOU tokens: IOUBTC, IOUETH, IOUUSDT, IOULTC, IOUZEC, and IOUDoge, which respectively represent the user's original holdings of BTC, ETH, USDT, LTC, ZEC, and Doge, at a 1:1 ratio. The distribution of IOU-tokens will be implemented on September 15 at 4:00 PM (GMT+8).Previously, Chain Catcher reported on September 4 that CoinPrint Pool responded to withdrawal difficulties: due to a lack of liquidity, assets are safe, and a solution will be proposed soon. (Source link)