proposal

VeChain Foundation announced the entry into the next phase of the Renaissance roadmap, Interstellar. Previously, Galactica completed the EVM foundational upgrade, and Hayabusa completed the transformation of consensus and token economics. Interstellar aims to deepen the EVM compatibility of VeChainThor with the Ethereum ecosystem and expand developer capabilities.The first upgrade proposal, VIP-255, will introduce execution layer improvements compatible with Ethereum versions such as Cancun, Prague, and Osaka, including transient storage, MCOPY instruction, and cryptographic support for BLS12-381 and secp256r1. Voting will take place from August 10, 2026, 00:00 UTC to August 17, 2026, 00:00 UTC via the VeVote platform, allowing validators and eligible StarGate NFT holders to participate. This upgrade does not affect the VET and VTHO token economics, and regular holders do not need to take any action.

FlashRescue co-founder @DarcyAri posted on the X platform that recently, during a joint investigation with partners on a case, Tether experienced a transfer of funds from one address during the execution of a proposal to freeze addresses, resulting in a decrease in the frozen amount. Further review by FlashRescue revealed that this is not an isolated incident. As of August 3, 2026, through an analysis of 2,955 Tether freeze events on the Ethereum and Tron networks, it was found that among addresses involved in risks such as entity sanctions, fraudulent activities, money laundering, FATF blacklist jurisdictions, and malicious attacks: 60 addresses cleared their assets and completed front-running transfers before the formal execution of the freeze, with a total net outflow of 20,429,847 USDT, starting transfers an average of 13 minutes and 59 seconds after the freeze proposal was submitted, and completing the main fund transfers within 15 minutes and 15 seconds; additionally, 113 addresses transferred some assets before the freeze was executed, involving approximately 35,524,300 USDT.The average time from the submission of the freeze proposal to the formal execution of the freeze by Tether is 2 hours, 16 minutes, and 15 seconds, indicating a long time window between the public announcement of the freeze proposal and its actual execution. On July 3, a cluster of addresses transferred funds continuously within minutes and then split the transfers to the same address. The above cases suggest that some high-risk addresses may be actively monitoring Tether freeze proposals and utilizing the time difference between the public announcement of the proposal and the actual effectiveness of the freeze to implement front-running transfers. This mechanism leads to the failure of freezing the involved funds and undermines the actual effectiveness of sanctions, anti-money laundering, and law enforcement cooperation measures.

Regarding the EIP proposal submitted by the Ethereum community, Aave founder and CEO Stani Kulechov expressed opposition, stating that the proposal cannot achieve its intended goals and will instead harm Ethereum. He pointed out that the proposal would cap ETH staking rewards at 0% when the staking rate exceeds 50%, making staking rewards unpredictable and potentially unprofitable for many participants. This poses a negative factor for institutional buyers considering establishing ETH positions, as they may turn to other networks with more predictable cash flows, resulting in significant adoption costs.Stani Kulechov further stated that reducing rewards to 0 would make ETH lending strategies fundamentally unfeasible, effectively stifling ETH's lending and yield scenarios. At that point, the only reason to borrow ETH would be to short it; meanwhile, holders of ETH beta and yield may turn to other interest-bearing assets like stablecoins. He mentioned that from a personal perspective, this proposal would undermine the viability of ETH as an asset and limit its potential, hoping that the proposal would not advance. Otherwise, a large number of participants would shift their interest to other networks, emphasizing that Ethereum should not be penalized for its growth.

The Ethereum community has submitted a new improvement proposal EIP "Tapered Issuance Burn," aimed at adjusting the ETH issuance mechanism to reduce the centralization and dilution risks brought about by excessively high staking ratios. The proposal points out that the ETH staking ratio exceeded one-third of the total supply in April 2026 and continues to grow.Under the current issuance curve, even if all ETH participates in staking, the staking yield will not be lower than approximately 1.5%, leading to a lack of a "closure mechanism" for staking incentives. This EIP proposes to destroy a portion of the theoretical rewards for validators in each epoch, with the destruction ratio increasing as the staking scale grows: when the staking rate reaches about 50%, the net staking yield will gradually drop to zero. The proposal believes that this mechanism can limit the continuous expansion of ETH supply, reduce the dilution pressure on holders, prevent excessive concentration of staking in custodial institutions and staking service providers, and maintain ETH's attributes as a neutral asset and a store of value.According to the design, under the tapered issuance mechanism, the ETH issuance will peak when the staking rate is around 20%, with an annual issuance rate of about 0.5%, and will drop to zero when the staking rate reaches 50%. Combined with the EIP-1559 and Blob fee destruction mechanisms, ETH supply may more frequently enter a deflationary state in the future. The authors of the proposal state that this plan is not aimed at individual stakers but rather corrects the long-term dilution issues brought about by the current issuance curve, allowing staking yields to ultimately be determined by market risk premiums rather than fixed algorithmic incentives.

According to SolanaFloor, Solana's "Resource and Inclusion Fee" proposal SGP-0003 has entered the support stage. If it receives 15% active staking support, the proposal will proceed to a full governance vote.If implemented, the daily SOL burn amount is expected to increase from the current 650 coins (approximately $51,000) to a maximum of 9,000 coins (approximately $702,000).

According to Jinshi reports, Iran has rejected the latest U.S. proposal regarding the Strait of Hormuz, insisting that it will not fully reopen the strait before the end of the war. Sources also indicated that Washington has made concessions on the issue of closing the southern route of the strait, but these claims have not yet been independently verified.

According to The Block, the U.S. Securities and Exchange Commission has postponed its review of the cash-settled Bitcoin index options proposal submitted by Nasdaq PHLX after approving the CME Group's request for a rehearing.

According to Bitcoin.com, U.S. President Trump is weighing the bipartisan ethical counterproposal of the CLARITY Act, and Senate negotiators need to finalize the cryptocurrency conflict of interest rules before the recess on August 7.The bill aims to establish a federal regulatory framework for cryptocurrency companies through the division of responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).Republican Senator Thom Tillis and Democratic Senator Ruben Gallego submitted an enforcement proposal to the White House on July 29. This proposal allows state-level agencies to enforce federal officials' bans on issuing or sponsoring digital tokens, rather than solely handling related violations through the Department of Justice.The U.S. House of Representatives passed a version of the bill on July 17 with 294 votes in favor and 134 against, with over 70 Democrats voting in favor. The Senate has not yet held a full vote; the bill needs 60 votes to pass, and if all Republicans support it, at least 7 Democrats will still need to vote in favor.

According to Jinshi reports, Federal Reserve official Barkin stated that he is unsure whether he will support the interest rate hike proposal put forward by the three dissenters.

The TRON community held its 67th core developer meeting, focusing on synchronizing the progress of the GreatVoyage-v4.8.2 (Pyrrho) upgrade.Currently, 19 super representatives have completed the upgrade, and the network is running smoothly. Community nodes are advised to complete the update by August 16 at 23:59. The meeting also discussed proposals to simultaneously enable related network parameters to accommodate the upgrade features of Ethereum Prague and Osaka, with specific creation and activation times to be determined in future meetings.In addition, the TRON Solidity Compiler v0.8.28 has been officially released, further enhancing support for TRX, TRC-10 assets, resource delegation, and voting, while being compatible with Ethereum Solidity v0.8.28.The new version of wallet-cli introduces a TypeScript architecture and provides a dual output mode for AI Agent workflows aimed at machines and developers.

According to The Defiant, ENS Labs Chief Operating Officer Katherine Wu released an executable draft proposal for the establishment of the ENS Foundation on Thursday, abandoning the plan to transfer the DAO operational wallet to a new entity after weeks of opposition from representatives to previous versions.As disclosed, the draft will keep approximately 54.6 million ENS tokens and an operational wallet holding about 16 million dollars in ETH and stablecoins under the control of token holders. The only ENS token transaction in the proposal is a one-time transfer of 1 million tokens, solely for the compensation of foundation staff with a multi-year vesting period. The foundation's board will gain management rights over an approximately 65 million dollar donation fund treasury, but each transaction must go through a time lock, and the security committee has the right to cancel.ENS DAO officials summarized this revision as authorizing the foundation to manage the donation fund while token holders retain control over the protocol, the remaining ENS held by the DAO, the operational wallet, and the appointment and dismissal of foundation directors.

According to Jinshi reports, senior Iranian officials stated that Tehran has ruled out Oman's proposal for joint management of the Strait of Hormuz region, believing that the proposal has no chance of success. Iran emphasized that only Iran and Oman can decide on the arrangements for the Strait of Hormuz based on their respective shares, rejecting any role for other countries.

Renowned analyst PlanB expressed opposition to the Bitcoin BIP-110 proposal, believing that those supporting the fork do not truly understand the decentralized nature of Bitcoin.The proposal aims to temporarily limit non-payment data on-chain through a soft fork, with the current miner support rate at approximately 1%.

According to official news, the ENS DAO has approved the proposal to activate a new security committee, with a term of two years. The committee consists of eight members and has veto power, allowing it to cancel proposals during the waiting period after malicious proposals are passed but before execution. The committee's authority is limited to canceling transactions within the time lock and cannot access treasury funds, submit proposals, or rewrite approved proposals.The committee can only exercise its power under emergency conditions specified in its charter. ENS points out that governance itself may become an attack surface—voting rights can be borrowed to initiate attacks, proposal codes can hide malicious behavior, and credential leaks can be used to push harmful transactions. The new committee adopts a 5-of-8 multi-signature, requiring at least five members' agreement to cancel a proposal, and must seek DAO voting for extension after the two-year term.

According to Yu Jin monitoring, the hacker who emptied the Bonk treasury of 4.426 trillion BONK through a governance proposal has completed the liquidation, and the last 400 billion BONK (1.17 million USD) has also been deposited into Coinbase.As of now, all 4.426 trillion BONK that he extracted from the Bonk treasury 13 days ago has been transferred to CEX. Due to his selling over the past few days, the price of BONK has dropped by 40%. When he first obtained these BONK, they were worth 21.2 million USD, and after selling while the price was falling, the total cash amount should be around 13.58 million USD.

Founder of Strategy Michael Saylor published a post opposing the BIP 110 proposal that restricts the use of inscriptions and other data storage purposes. Bitcoin should adhere to neutrality, open markets, and permissionless innovation, and should not target specific uses through consensus rules.Saylor listed 110 reasons for opposition, emphasizing that Bitcoin should remain conservative at its core. Bitcoin does not need guardians of purity; it needs guardians of neutrality.

Uniswap founder Hayden posted on the X platform that Uniswap has just submitted two governance proposals for final on-chain voting, including enabling v2 and v3 protocol fees on the Robinhood Chain, as well as enabling v4 protocol fees on Ethereum, Base, Arbitrum, Robinhood, BNB, Polygon, and Optimism. The remaining third proposal related to v4 chain is about to be submitted.Both proposals will direct all new protocol fees into the existing UNI burn mechanism. Based on the current trading volume, especially the trading volume related to Robinhood, the impact on UNI burn is expected to be significant.

According to the Ethereum Magicians forum, developer Leo Glisic officially released Privacy Guardians 2 and announced the open-sourcing of its design. The project is positioned as a decentralized privacy payment system aimed at maximizing privacy protection for on-chain payments to combat issues such as freezing and monitoring present in centralized payment solutions (like OUSD launched by Corpo Consortium).The current V1 version includes multiple modules such as private payment mechanisms, insurance mechanisms, honeypot designs, exchange rate management, liquidity pools, and metadata processing. Glisic stated that this version is still in the early stages and has significant room for optimization in areas such as cryptographic security, incentive mechanism alignment, and capital efficiency, and he called on the community to participate in its improvement. The white paper has been simultaneously published on glisic.xyz.