On July 23, 2024, the S-1 filing of the ETH spot ETF officially landed in the U.S. capital market. This historic moment marks that the ETH ecosystem is about to usher in an unprecedented prosperity and explosion. As the mainstay of the cryptocurrency ecosystem, Ethereum is not only the cornerstone of many applications, but also the forefront of global blockchain technology.

However, the increasingly serious transaction congestion and high gas fees are plaguing this ecosystem. In this situation, the Layer 2 expansion solution came into being, aiming to break through the performance bottleneck of Ethereum. During the 2023 bear market, the Layer 2 solution won wide attention from the capital market with its excellent performance and unlimited potential, and continued to raise funds, becoming a dazzling star in the blockchain field.

Lambda keeps up with the trend of the times and successfully realizes the brand strategy upgrade from the original consensus network to the OpStack-based Layer 2 network. This upgrade not only improves the infrastructure capabilities, but also deeply integrates Lambda into the Ethereum ecosystem.

The new Ethereum Layer 2 blockchain will better support Rollups and AI applications, with a particular focus on the persistent availability of data, providing users with a more stable and efficient experience.

Against this backdrop, the new Lambda L2 has injected unprecedented vitality and challenges into the Web3 industry. The Lambda Foundation recently announced the launch of the Bifrost Pool and Odyssey Airdrop events to give back to its supporters and users, demonstrating its deep care for the community and its innovative spirit and forward-looking vision in the blockchain field.

These events not only celebrate the Lambda Foundation's brand strategy upgrade, but also accompany the creation of a new generation of Lambda L2 public blockchain, dedicated to building a new social and storage ecosystem to bring users unparalleled experience and rewards.

Bifrost Pool, tapping into the potential for maximizing assets

The Lambda Foundation continues to innovate and use advanced technology to ensure that users can maximize the initial amount and other benefits brought by staking $LAMB. To this end, Lambda launched the Bifrost Pool event, which is committed to providing users with a safe, efficient and flexible financial experience through a series of innovative mechanisms.

· Efficient asset management strategy: When users stake $LAMB tokens through an efficient asset management strategy, they can entrust $LAMB to node operators, who return the pledge certificate to the pledger. This process ensures the security of user assets and maximizes returns.

· Dual-currency PoS hybrid consensus mechanism: Dual-currency PoS is an innovative hybrid consensus mechanism where each validator can accept both $LAMB and the relevant subscription token. This system expands the stakeholder base and adds an extra layer of resilience and security to the network consensus structure. This mechanism not only improves the decentralization of the network, but also enhances the overall network stability.

· Liquid custody: Lambda introduces the concept of liquid custody, which allows pledged assets to provide more opportunities to earn returns while maintaining liquidity. In this way, users can maximize the returns on their assets without sacrificing liquidity.

· Smart contract security: Bifrost Pool uses the most advanced smart contract technology to ensure the transparency and security of every transaction and pledge process, allowing users to participate with confidence.

· Real-time income monitoring: Users can monitor their income in real time through Lambda's exclusive platform, understand their investment returns at any time, and make the best decision.

· Community Support and Education: The Lambda Foundation is committed to providing comprehensive community support and educational resources to help users better understand and utilize the features of Bifrost Pool and improve their investment skills and blockchain knowledge.

On July 18, 2024, the Lambda Foundation proudly unveiled its milestone first Bifrost Pool lossless staking event, paving a road to wealth for new users who hold 80,000 or more $LAMB tokens.

Participants only need to easily purchase $LAMB tokens through centralized exchanges and securely transfer them to any wallet address compatible with their EVM. Once the holdings reach or exceed 80,000, the qualification for participation in the event will be automatically unlocked.

During the event, the official will take multiple snapshots at random times to accurately capture the $LAMB token holdings in each participant's wallet. Based on these snapshot data, precious Genfiy official token rewards will be issued to qualified wallets in proportion to the number of $LAMB held by the address, ensuring that every loyalty and contribution can get due feedback.

Genify: The dazzling stage for global generative art

Since its launch in 2021, Genify has quickly emerged as the world's leading generative art distribution platform, with the strong support of heavyweight investors such as Multicoin Capital. Genify spans multiple public chains such as Ethereum, BASE, Lambda, Conflux, etc., providing artists with a broad space for creation and display.

The platform brings together more than 100 talented artists, jointly launching hundreds of thousands of NFT assets, attracting the keen attention of more than 100,000 collectors from all over the world. Artists from Taiwan, Japan, France, Brazil and China complement each other on the platform. Their works have not only won the favor of internationally renowned collectors such as 6529, AC, Han, but also inspired artists such as GrantYun to interact enthusiastically on social media, weaving a vivid Web3 art landscape together.

After more than three years of steady operation, Genify has accumulated nearly 80,000 active addresses on the EVM-compatible chain, and also has 20,000 loyal users on the Bitcoin network, proving its deep market foundation and wide user recognition. It is particularly worth mentioning that Genify has successfully landed its physical collectibles business in Hong Kong, not only with the strong support of Zheng Zhigang, a heavyweight figure in the Hong Kong art world, but also attracted strategic investment from TikTok executives, further demonstrating its extraordinary influence in the field of integration between the art world and blockchain technology.

As we enter 2024, Genify is once again taking an innovative step by being the first to support artists in releasing their works on the Bitcoin network. Founder shaun8149’s masterpiece BOB, as the first generative art work released through the Bitcoin network, sold out all 10,000 copies in a very short time, demonstrating the market’s high recognition and enthusiasm for the Genify platform.

So far, Genify has successfully released ten works on the Bitcoin network, among which masterpieces such as GHOST have achieved an astonishing increase of nearly 100 times in the secondary market, further consolidating its leading position in the field.

Visit its official website genify.xyz to step into this world of art full of infinite possibilities. Genify is not only a platform, but also a communication bridge between artists and collectors. The platform selects works on Bitcoin, Ethereum and Conflux through curation and invitation, and opens sandbox tools on Lambda and BASE, allowing artists to freely express their creativity. Its primary distribution business inherits the glorious tradition of Artblocks, and after Artblocks closed, it quickly grew into one of the leaders in the global generative art distribution business, especially in the field of issuance and trading on the Bitcoin network, Genify has demonstrated its strength on par with MagicEden.

Genify not only provides a platform for display and trading, but also provides a space for artists and collectors to interact and create together. Whether through curatorial activities, invitation-based selection of works, or open sandbox tools, Genify is constantly promoting the development and popularization of generative art. Visit Genify to explore an art world full of creativity and infinite possibilities, feel its unique charm, and become a part of this art revolution.

Odyssey Airdrop starts a new journey: reshaping the interactive experience

In order to create the next generation of Lambda L2 public blockchain, the Lambda Foundation will establish a new social and storage ecosystem through Odyssey Airdrop to bring users a new airdrop experience. Through this innovative mechanism, you only need to complete the following two steps to receive LAMB airdrop rewards.

· Follow Lambda's official social media account:

Follow the Lambda Foundation's official Twitter account and Telegram account to get the latest event information in a timely manner.

· Participate in social tasks:

Interact on Twitter: forward, comment, and like officially designated tweets. Join the Lambda official Telegram group and complete the designated tasks. After completing the above two tasks, you will receive multiple rounds of LAMB token airdrop rewards. Not only that, by participating in these activities, you can also gain a deeper understanding of the operating mechanism of the Web3 project and enhance your professional knowledge and skills in the field of cryptocurrency.

Looking to the future, Lambda officials said that more ecological projects will be launched in succession to empower $LAMB and further expand its scope of application and influence. The goal of the Lambda Foundation is to create a secure, efficient, and scalable blockchain ecosystem to provide users with richer and more diverse application scenarios.

Diversified ecological projects join hands to create a new era of cryptocurrency

The goal of the Lambda Foundation is to create a secure, efficient and scalable blockchain ecosystem that provides users with a rich variety of application scenarios. With the launch of more ecological projects, the Lambda ecosystem will bring unlimited opportunities and rich benefits to users. These ecological projects cover multiple fields such as social platforms, decentralized finance (DeFi), and data storage and management, and are committed to creating a full range of blockchain solutions.

With the gradual launch of these projects, the application scenarios of $LAMB tokens will be more extensive and their value will continue to increase. Through continuous innovation and technological progress, the Lambda Foundation is committed to promoting the popularization and widespread application of blockchain technology and injecting strong momentum into the development of various fields. We look forward to the Lambda Foundation bringing more surprising breakthroughs with its deep technical strength and forward-looking strategic vision.

The vision of the Lambda Foundation is not only to provide technical solutions, but also to lead the development of the entire blockchain industry. By building a secure, efficient and scalable blockchain ecosystem, the Lambda Foundation has created an unprecedented opportunity for users and investors. Whether it is social interaction, financial innovation, or data management, Lambda is constantly expanding the application scenarios of $LAMB tokens to bring more tangible value to users.

The Lambda Foundation has always been at the forefront of technological innovation, and with its outstanding technical strength and unique strategic vision, it continues to promote the advancement and popularization of blockchain technology. We believe that under the leadership of the Lambda Foundation, the blockchain ecosystem will usher in a more brilliant future. By working hand in hand with the Lambda Foundation, we can not only enjoy the convenience and benefits brought by financial technology, but also become part of this revolutionary change.

Let us witness together how the Lambda Foundation plays a leading role in the blockchain field, promotes technological innovation, promotes ecological cooperation, and opens up a broader path for the development of financial technology. Join us and move towards a new era of financial technology and create a more brilliant future!

Learn more

Official website: https://portal.lambda.im/

Twitter: https://twitter.com/Lambdaim

Telegram: https://t.me/hellolambda

This article comes from a contribution and does not represent the views of BlockBeats

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