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Create: 2024-03-15 Update: 2024-04-27 11:36:59

Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

Highlights 🧵:
1/ Ethereum's Dencun Upgrade went live on March 13, with EIP-4844 dramatically decreasing L2 operational costs. EIP-4844 introduces 'blob-carrying transactions', mitigating Data Availability scaling bottlenecks. Post EIP-4844, L2 fees have noticeably reduced. For instance, average fees on L2s such as Arbitrum have declined by as much as 90% to around $0.1.

2/ Notable news include VanEck temporarily cutting its spot BTC ETF fee to 0% from 0.2%. Separately, BNB Chain now offers a Rollup-as-a-Service (“RaaS”) solution, enabling the creation of custom Layer 2 networks within its ecosystem.

3/ EigenLayer has released its final roadmap for the mainnet launch, emphasizing on a smooth and secure rollout with a multi-phased approach. MakerDAO will launch the first phase of its Endgame plan in summer 2024, introducing two new tokens, NewStable and NewGovToken.

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Happy Friday! Binance Bytes is an initiative by the Research team to provide a quick round-up of the week.

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