Status Network (@StatusL2) header
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Gasless Ethereum L2 with native yield & composable privacy • acquired by @lineabuild

ethereum
Joined October 2024
🔵 GUSD vault open for withdrawals 🔵 you can now withdraw your GUSD deposits in USDC or USDT on Linea Mainnet by going directly to the GUSD app: >> app.generic.money GUSD yield will be airdropped in USDC on Linea Mainnet next week
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snipers won. until now. @punkdotfun launches on Status Network: no front-running, no gas auctions, no bot cabals. Karma-based throughput at the sequencer level. Fair price discovery is finally possible. link.status.network/o4JER
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Excited to spotlight some standout submissions from the Go Gasless track in @synthesis_md hackathon! 17 teams split the prize pool & here are a few highlights↓
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✅$1M ✅$2M ✅$5M ✅$10M ⌛️$20M ⌛️$50M ⌛️$100M we'll soon be dropping the Karma tokenomics Karma counts.
✅$1 ✅$2M ✅$5M ⌛️$10M ⌛️$20M ⌛️$100M
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side benefit of free gas: this agent logs every session onchain for immutable audit trail our team rn:
Shipped Signal Scout this weekend at @synthesis_md: An AI Agent that does it's own research + intelligently budgets what APIs to call. A lot of fun entering the @PayWithLocus @college_xyz @StatusL2 tracks! :) github.com/ScriptKitKat/synt…
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Privacy isn't an add-on anymore - it's BUILT-IN! Introducing Bermuda, the native privacy layer of Status Network Private DeFi shouldn't require separate apps or chains @bermudabayzk makes privacy a built-in mode of the network, enabling gasless accounts, encrypted balances, and seamless private interactions with apps Here’s how↓ link.status.network/JdjGF
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🚨 🚨 mainnet launch update 🚨🚨 > testnet v1 (Sepolia) is still live but will be sunsetted early next month > a snapshot of early users of testnet v1 has been made 📸 > testnet v2 (Hoodi) is currently under private deployment and will soon be publicly available > testnet v2 includes the RLN-based spam protection that will be implemented on mainnet > mainnet launch is now planned for end of April > we added some extra rewards in $SNT and $LINEA for pre-depositors and adjusted the yield calculation in the vaults > pre-deposits are still open for now > earn 9%+ liquid yield on ETH and 16%+ on stablecoins on top of Karma > the Status Network whitepaper will be published early April, along with detailed Karma tokenomics > native apps are getting onboarded: native DEX: @OrvexFi native CDP: @usf_money native launchpad: to be announced soon native privacy layer: to be announced soon > you'll soon be able to experience a new way to interact with blockchains based on reputation (Karma) and not gas Karma counts.
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