proposal

According to official news, after discussions with multiple stakeholders, Aave service providers, ether.fi, KelpDAO, and other projects have submitted a governance proposal to the Arbitrum DAO, requesting the release of ETH that was frozen by the Arbitrum security committee after the rsETH incident on April 18.The announcement stated that if these ETH are released, the funds will be directed to DeFi United. Aave firmly believes that this contribution will significantly advance the path to a solution.

Ethereum developer Tom Lehman has released a draft proposal for EIP-8182, which aims to make private transactions a native feature of Ethereum by introducing shared privacy pools, a fixed address system contract, and zero-knowledge proof verification precompiles at the Ethereum protocol layer.The proposal states that the solution will be implemented through a hard fork upgrade, without an administrator key, governance tokens, or on-chain upgrade mechanisms, with the goal of addressing the issues of decentralization and inconsistent trust models in privacy applications. As designed, users can make private transactions to any Ethereum address or ENS name using existing wallets, and it supports atomic "de-sensitization - interaction - re-privatization" processes.

The ether.fi community has released a proposal to "Utilize treasury funds to restore the collateral assets of rsETH." The proposal includes injecting 5,000 ETH into the rsETH special rescue pool to cover the collateral gap, protect user assets, and prevent bad debts from spreading in the DeFi system.

Circle Chief Economist Gordon Liao initiated a proposal on the Aave governance forum, suggesting an emergency adjustment to the USDC interest rate parameters in the Aave V3 Ethereum main pool to address the situation where the pool's utilization rate has remained at a very high level of 99.87% for four consecutive days following the KelpDAO attack incident.Liao stated that Aave's current interest rate mechanism has failed to effectively "clear" the market. The current supply of the pool is $1.89 billion, with the borrowing amount also at $1.89 billion, and available liquidity is less than $3 million. The borrowing interest rate remains at the upper limit after the inflection point (around 14%), and over the past 24 hours, the pool size has shrunk by about $60 million—this is due to repayment funds being used one by one to meet the withdrawal demands in the queue.Therefore, the Slope 2 parameter in the USDC deposit interest rate curve should be immediately increased from about 10% to 40% through the Risk Steward mechanism, and further confirmation to raise the target to 50% should be achieved through governance voting within 5 to 7 days. Meanwhile, the optimal utilization will be adjusted down from 92% to 87% during the transition phase, and after final confirmation, it will be reduced to 85%. According to Liao's proposal, under the new parameter settings, when the utilization rate reaches 100%, the maximum USDC deposit interest rate will increase from about 12.6% to 48.2%.

U.S. Senator Thom Tillis is urging the Senate Banking Committee to postpone the consideration of the cryptocurrency market structure bill until May, in order to allow more time for finalizing a compromise on stablecoin regulation between banks and the cryptocurrency industry.This move aims to provide additional negotiation space around key disagreements regarding stablecoins and to promote the formation of a more viable regulatory framework.

Aave core member Marc Zeller announced on the X platform that he has initiated a proposal to end the Aave-Chan Initiative {ACI} Frontier project. He stated that he has been operating the Ethereum staking node on behalf of the Aave DAO for many years, but given the current situation, he has chosen to withdraw all validators and provide all ETH to the Aave DAO, potentially protecting wETH depositors, while also giving up all potential income related to this service to reduce the potential impact on users.It is reported that Marc Zeller has been one of the most active figures in the Aave ecosystem, participating in the formulation of incentive mechanisms through the Aave Chan Initiative, and he previously announced that he would withdraw from Aave in July.

According to documents from the U.S. Securities and Exchange Commission (SEC), the New York Stock Exchange (NYSE) submitted a rule change proposal to the SEC (File No. SR-NYSE-2026-17) to add Rule 7.5 and amend related provisions, allowing eligible securities to be traded in tokenized form on the exchange.The proposal is based on the three-year tokenization pilot program by the Depository Trust Company (DTC) and is modeled after similar rules previously approved by the SEC for Nasdaq. According to the proposal, tokenized securities must share the same CUSIP number, trading code, and shareholder rights as traditional securities to trade with equal priority on the same order book. The initial scope is limited to components of the Russell 1000 Index and ETFs tracking major indices, with a settlement cycle remaining unchanged at T+1, and existing regulatory rules will also apply to tokenized securities.

According to market news, Blockstream CEO Adam Back stated at the Paris Blockchain Week that he supports the optional advancement of Bitcoin's quantum resistance upgrade and opposes the proposal to forcibly freeze quantum-vulnerable addresses. He emphasized that "preparation is much safer than hasty responses in a crisis" and pointed out that the Bitcoin community has the coordination ability to respond quickly to urgent vulnerabilities.Previously, the BIP-361 proposal ("Post-Quantum Migration and Legacy Signature Sunset") put forward by developers Jameson Lopp and five others advocated for the gradual elimination of quantum-vulnerable addresses over five years, ultimately freezing coins that have not completed migration— including approximately 1.7 million Bitcoins held by Satoshi Nakamoto.

According to Xinhua News Agency, the spokesperson for the Iranian Foreign Ministry said that the United States proposed a package plan to Iran and hoped that Iran would "accept it in full." The U.S. knows very well that "this is impossible," and it does not conform to the logic of negotiation and dialogue. The spokesperson stated that Iran had previously submitted 10 ceasefire terms to the U.S. through Pakistan in response to the so-called U.S. ceasefire "15-point plan."The spokesperson said that with the participation of countries along the Persian Gulf, Iran is fully capable of ensuring the security of the Middle East, provided that the U.S. stops military intervention and war provocations. Any intervention from outside the region will only complicate the issues further. Many European countries are wise to "avoid falling into the U.S. military trap."

The WLFI project team has set a long-term vesting plan for 6.228 billion locked tokens through a new governance proposal.Among them, the founding team will permanently destroy up to 4.52 billion tokens, and the remaining 90% of the tokens will be locked for a period of 2 to 5 years. At the same time, the shares of early investors will be fully retained, further clarifying the governance path of WLFI.As a result of this news, as of the time of publication, the market price of WLFI has increased by 7%, currently reported at $0.084.

According to market news, Cypherpunk Jameson Lopp and several experts in the field of Bitcoin quantum security have proposed Bitcoin Improvement Proposal BIP-361, which suggests freezing quantum-vulnerable addresses, including Satoshi Nakamoto's reserves, to prevent future quantum computers from stealing approximately 1.7 million Bitcoins.The proposal is to be implemented in three phases: first, prohibiting transfers to legacy addresses; second, invalidating legacy signatures and freezing untransferred assets after five years; and finally, allowing some users to recover frozen funds through a zero-knowledge proof mechanism. This proposal aims to promote the migration of the entire network to quantum-resistant addresses, but it has faced opposition from some community members who believe it contradicts the decentralized ethos of Bitcoin and has a predatory nature.

According to market news, Hyperliquid founder Jeffrey Yan received an investment intention based on a valuation of about $1 billion and a scale of about $100 million less than a year after the project went live. However, after careful consideration, he ultimately chose to reject the investment terms.Reports indicate that before and after the financing proposal was made, the team had been continuously using personal funds to maintain operations, consuming the founder's personal finances each month to cover project costs. During the investor's engagement, Jeff communicated with several entrepreneurs and VCs about the nature and significance of financing, but he was never convinced that external capital could enhance its intrinsic value. Ultimately, he clearly informed the team on Monday that he would reject the financing proposal.Relevant insiders described that the team members managing funds were shocked by this decision, as several preparations had already been made around the financing. Jeff's core reason was that Hyperliquid is not a traditional company but an on-chain protocol that needs to maintain neutrality. He believed that once external equity capital was introduced, it could undermine the protocol's permissionless and neutral positioning, conflicting with its long-term design goals.He had previously stated that if Bitcoin had accepted VC financing in its early days, its neutrality narrative might have been weakened. Following the same logic, he chose to continue maintaining Hyperliquid's investor-free structure and to support part of the operating expenses with personal funds in the long term. On January 28, 2024, he summarized the project's principles on social media: · No investors · No paid market makers · No fees charged to the development team (or the development team does not take fees) · No insiders (or internal privileged participants). This statement is also seen as a core footnote to Hyperliquid's extreme decentralization/decapitalization approach.

Aave DAO passed the first binding proposal of the Aave Will Win framework through Aave Labs on Sunday. The proposal received 522,780 AAVE in support and 175,310 AAVE in opposition, with a support rate of approximately 75%. According to the voting results, Aave Labs will receive a grant of 25 million USD in stablecoins, which includes an immediate allocation of 5 million aEthLidoGHO, as well as a total of 20 million aEthLidoGHO liquidity payments distributed over 6 months and 12 months.In addition, Aave DAO will allocate 75,000 AAVE (approximately 6.8 million USD) from the ecosystem reserve, which will be unlocked linearly over 48 months. The Aave Chan Initiative cast 166,200 AAVE in opposition. Support votes came from addresses such as ParaFi Capital (190,000 AAVE) and luggis.eth (123,580 AAVE). The fund execution is scheduled for Monday afternoon, at which point the funds will begin to flow to the address controlled by Aave Labs.

According to official news, the TRON network has officially passed Proposal No. 106 at 20:00 on April 10.According to the proposal, the mainnet has completed adjustments to the behavior and execution cost of the SELFDESTRUCT instruction: the contract will only be truly deleted from the chain when the instruction is called in the same transaction as the contract creation; in other cases, executing the instruction will only transfer the assets within the contract to a designated address, and the contract itself will not be deleted. At the same time, the energy consumption of SELFDESTRUCT has been adjusted from 0 to 5000.This adjustment means that TRON further aligns its relevant mechanisms with Ethereum, helping to continuously enhance the compatibility of TVM (TRON Virtual Machine) and providing more stable underlying support for multi-chain development and ecological adaptation.

According to Caixin, U.S. Vice President Vance stated at a press conference that negotiations between the U.S. and Iran have not reached an agreement, and the U.S. negotiating delegation he leads will return home. Vance mentioned that the U.S. side has shown "considerable flexibility and sincerity" during the negotiations and has clearly outlined "acceptable and unacceptable conditions," but the Iranian side "chose not to accept." Vance also revealed that during approximately 21 hours of negotiations, the U.S. delegation maintained communication with President Trump and the national security team, and has presented Iran with a "final proposal," awaiting a response from the other side.

According to Bitcoin Magazine, Avihu Levy of StarkWare published a research proposal titled "Quantum-Safe Bitcoin Transactions Without Soft Forks," proposing a quantum-safe Bitcoin scheme called QSB.This scheme aims to enable Bitcoin transactions to resist quantum computing attacks without changing the core rules of Bitcoin. QSB replaces the elliptic curve security mechanism with hash-based assumptions, shifting security to hash preimage resistance to defend against the threat of Shor's algorithm. The scheme operates within the existing script limitations of Bitcoin and does not require consensus changes or soft forks.However, QSB transactions exceed the standard relay strategy limitations and cannot propagate through the network under default settings; they need to be submitted directly to miners through services like Slipstream. The paper estimates that the cost of generating valid transactions using cloud GPUs is approximately $75 to $150. The complete transaction assembly and broadcasting of the project have not yet been demonstrated on-chain.

According to Decrypt, blockchain infrastructure company Biconomy has proposed a new Ethereum standard ERC-8211, introducing a "smart batching" mechanism that allows AI agents to complete multi-step DeFi operations in a single transaction, with each step dynamically referencing the output of the previous step at execution, addressing the issue of unpredictable output amounts due to price fluctuations or changes in transaction fees.This standard operates on top of the existing Ethereum infrastructure without the need to modify the core protocol or perform a hard fork, allowing developers to implement complex transaction processes directly in TypeScript. Barnabé Monnot, a research scientist at the Ethereum Foundation, stated that ERC-8211 aligns with the foundation's strategic priority of "improving user experience."

The TRON network super representatives (SR) have initiated Proposal No. 106 and entered the committee voting phase. If the proposal passes the vote, it is expected to take effect on April 10 at 20:00 (Singapore time). The proposal aims to adjust the execution behavior and cost of the SELFDESTRUCT instruction: the contract will only be truly deleted if the instruction is called in the same transaction that creates the contract; in other cases, only the contract assets will be transferred, and the contract itself will not be deleted. At the same time, the energy consumption of SELFDESTRUCT will be adjusted from 0 to 5000.If the proposal passes, the relevant mechanism will further align with Ethereum, helping to enhance TVM compatibility. TRON reminds developers who have used SELFDESTRUCT to closely monitor the progress of the proposal and prepare for adaptation in advance. If nodes experience synchronization issues, it is recommended to first check whether they have been upgraded to v4.8.1.

SEC Chairman Paul Atkins stated that a proposal for a "safe harbor" framework aimed at providing startup exemptions for crypto projects has been submitted to the White House's Office of Information and Regulatory Affairs (OIRA) for review, which is the final step before formal release.The proposal includes a "startup exemption" that allows stakeholders in the crypto industry to raise a certain amount of funds over four years while providing specific disclosures. Additionally, Atkins proposed an "investment contract safe harbor" in conjunction with the token classification interpretive guidance released by the SEC in March of this year.Atkins pointed out that legislation is necessary because it can provide a more solid and lasting regulatory framework than agency rulemaking. Furthermore, the SEC is also exploring an "innovation exemption" as a regulatory sandbox for on-chain assets. This proposal has sparked extensive discussions between crypto supporters and traditional financial institutions over the past year. Atkins stated that the SEC has the authority to advance the innovation exemption and will announce relevant parameters soon. He believes there is still much work to be done in this area.