Diva Staking, an ETH staking solution utilizing cutting-edge Distributed Validator Technology (DVT), announces Diva DAOs approval to support the Based ETH (bsdETH) initiative on Base, deployed on the Reserve protocol.
Notably, the initiative focuses on launching bsdETH, a new 1:1 asset-backed RToken on the Reserve protocol. This endorsement includes allocating DIVA tokens to early bsdETH depositors, underscoring Divas commitment to Ethereums DeFi ecosystem expansion. Diva DAO is excited to contribute to this initiative, enhancing the accessibility and diversity of Ethereum staking solutions.
Diva Stakings unique approach to liquid staking, underpinned by Distributed Validator Technology (DVT), will establish it as a pioneer in enhancing the decentralization and resilience of Ethereum staking. Diva Staking is currently in development and is projected to launch at the end of Q1/Q2. By operating a robust network of nodes, Diva ensures superior uptime and enhanced resistance to slashing and censorship.
Raul Calvo, co-founder of Diva Staking, says This initiative represents a strategic alignment of goals between Diva Staking and Reserve, capturing significant LST liquidity on Base to engage a new depositor demographic. By leveraging Reserve protocols RTokens, this collaboration ensures Divas protocol is on the cutting edge of L2 adoption and ready to play in a sophisticated DeFi ecosystem at kick-off.
He adds, As we prepare for the mainnet deployment of Diva Staking, we invite the Diva community to engage with this pioneering initiative. Together, we look forward to building a more accessible, resilient, and decentralized Ethereum ecosystem.
The collaboration with the Reserve protocol aims to attract a broad user group to pre-launch Diva Staking, ensuring the demographic is robust DeFi users. This initiative reflects a shared vision to enhance Ethereums L2 DeFi ecosystem by facilitating easier access to staking through bsdETH, a strategic component in the Ethereum-aligned Liquid Staking ecosystem.
Based ETH, an ERC-20 token on the Base Layer 2 (L2) blockchain incubated by Coinbase, is designed to support an evolving Ethereum-aligned Liquid Staking Token (LST) basket. Initially, it will comprise 50% Coinbase Wrapped Staked ETH (cbETH) and 50% Lido Wrapped Staked ETH (wstETH). Later, it will diversify to include cbETH, Rocket Pools rETH, and Divas LST post-launch for 1/3 each. Furthermore, bsdETH will be usable in the broader DeFI ecosystem on the Base blockchain.
The Based ETH initiative is planned to commence shortly on Base. Once it starts, the allocation of DIVA tokens to holders of bsdETH will last for a total of 6 months. Depositing early allows participants to prioritize their DIVA token allocation, rewarding early engagement and facilitating DIVA tokens initial distribution. This campaign sets the stage for Divas anticipated official mainnet deployment, projected for the end of Q1/Q2.
Full details on the approved proposal can be found here: https://www.tally.xyz/gov/eip155:1:0xFb6B7C11a55C57767643F1FF65c34C8693a11A70/proposal/38314542060713027082977990523280607813521163704798044817782268218160075499416
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About Diva Staking
Diva Staking is building an unstoppable liquid staking protocol for Ethereum powered by distributed cryptography and thousands of permissionless node operators. Fully aligned with Vitalik Buterins vision of Liquid Staking Enshrinement, which represents a trust-minimized and permissionless approach to Ethereum staking, Diva utilizes Distributed Validator Technology (DVT). DVT is vital to the future growth of Ethereum as it allows new, non-professional node operators to get involved in the blockchain, ultimately underpinning the future growth and scalability of the entire ecosystem.
Learn more about Diva Staking: https://divastaking.com/
About Reserve
Reserve is a free, permissionless platform to build, deploy, and govern asset-backed currencies referred to as RTokens. These tokens are always backed 1:1 by assets, enabling permissionless on-chain minting and redemption. Launched on Ethereum mainnet in October 2022 and on Base L2 in October 2023, Reserve epitomizes the principles of free, decentralized finance through its innovative use of permissionless smart contracts for asset-backing, over-collateralization, and governance. Overcollateralization is provided by RSR governance token stakers.
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DENSO CORPORATION today announced that it has integrated the management of three production and sales companies in Brazil as of January 1, 2024: DENSO DO BRASIL LTDA., DENSO MAQUINAS ROTANTES do BRASIL LTDA., and DENSO SISTEMAS TERMICOS do BRASIL LTDA. After the integration, the new DENSO DO BRASIL LTDA. manufactures and sells automotive components, including thermal products, which were previously produced independently by the three companies.
Location of new DENSO DO BRASIL LTDA
In 1975, DENSO established in Brazil a sales company for aftermarket car air conditioners, which was the predecessor of DENSO DO BRASIL LTDA. DENSO has since grown its business in the country, expanding its Brazil offerings to include electrical components and alternators, as well as instrument clusters and wiper systems.
In 2022 fiscal year, DENSO’s revenue in Brazil exceeded 70 billion yen. To reinforce the business foundation for future growth, DENSO has integrated the management of its three production and sales companies in the country.
Through the integration, DENSO will consolidate and streamline corporate management to increase operational efficiency and strengthen the company’s ability to withstand the changing business conditions. The move will also enhance DENSO’s ability to propose new solutions and systems to customers through deeper collaboration between businesses.
DENSO remains committed to contributing to the development of the local economy and the automotive industry by meeting the needs of regional customers.
For more information, visit https://www.denso.com/global/en/news/newsroom/2024/20240110-g01/.
As the only EVM-compatible decentralized storage solution, Storjs adoption of zkSync will greatly reduce gas fees, driving growth and innovation throughout the decentralized ecosystem.
Atlanta, GA – WEBWIRE – Tuesday, May 30, 2023
Storj, the leader in enterprise-grade, globally distributed cloud object storage, today announced its collaboration with Matter Labs zkSync Era, a layer 2 blockchain protocol that unlocks scalable and low-cost transactions on Ethereum. With increasing demand for decentralized storage solutions, zkSync Eras zero-knowledge rollup implementation will allow Storj to perform faster and more secure transactions, reducing gas fees and making the payment process swifter and more efficient.
As a Layer 2 protocol and ZK-rollup, zkSync Era enables the aggregation of multiple transactions into a single, compressed data structure that can be verified on-chain, allowing for a much higher transaction throughput compared to traditional Layer 1 (L1) solutions. This results in lower costs, faster confirmation times, and ultimately increases the scalability and efficiency of decentralized systems like Storj.
The adoption of zkSync within the Storj community has been strong, and we are committed to supporting the zkSync Era developer ecosystem with our open source tools, said Storj CEO Ben Golub. Zero-knowledge rollups for lower gas payments means that Storj can provide users and our community of nodes with an optimal transaction experience, while continuing to lead as a trailblazer in the field of decentralized infrastructure technologies.
To showcase the capabilities of zkSync Era to the wider Ethereum community, Storj will be maintaining two additional open-source libraries: Crypto-Batch-Payment and Storjscan. The focus will be on creating a seamless onboarding experience for Storjs decentralized cloud storage customers and nodes onto the zkSync Era network. The collaboration will also facilitate EVM-compatible composability for decentralized storage payments, providing customers with more flexibility and customization options.
Its exciting to see projects like Storj improve the overall scalability of their network for decentralized applications by bringing fast, secure, and more affordable decentralized storage to more people worldwide by integrating with zkSync Era” said Marco Cora, Head of Business Development, Matter Labs.
Storj is the only EVM-compatible decentralized storage solution, providing customers with a unique and customizable storage experience. By embracing EIP-4844 and rollup-centric upgrades to Ethereum, Storj is poised to take its offering of decentralized, EVM-compatible storage to the next level with zkSync Era. The company is committed to providing its users with a fast, secure, and efficient decentralized storage solution, and the adoption of zkSync Era is a major step in that direction.
To learn more about Storj and save costs on your cloud storage bill, visit www.storj.io
About Storj
Storj is a leader in decentralized cloud object storage. Built for developers, architects, and IT ops professionals, Storj delivers blazingly fast, CDN-like performance at cold storage prices, enterprise-grade durability, and better security with no vendor lock-in and no single points of failure. Storj meets the leading-edge privacy and sustainability demands for traditional use cases, Web3, and dApps. Easily integrated into any existing stack with S3 compatibility, Storj is architected as a trustless globally distributed network that utilizes existing excess storage capacity making performance, privacy, and resiliency available to any size organization, at 1/5 to 1/20 the price of hyperscalers. Storj stores multiple petabytes and has petabyte-scale enterprise and Web3 customers and partners like Pocket Network, Atempo, iXsystems, Gabb Wireless, and the University of Edinburgh. STORJ is an ERC-20 token used across the Storj network.
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eDriving(SM), a Solera company and leading global provider of digital driver risk management solutions, today announced a partnership with Greater Than (GREAT:ST), the global provider of technology that converts GPS data into powerful insights and driver scores. Through the collaboration, eDriving will integrate Greater Than’s EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM). The new feature, to be named EcoDrive powered by Greater Than, enables eDriving to further support its global clients in achieving their sustainability goals. Revolutionising driver risk management for over 25 years, eDriving is the trusted partner of choice for many of the world’s largest sales, service, and delivery fleets, supporting over 1.2 million drivers in 125 countries with award-winning digital driver risk management and safety solutions. eDriving’s smartphone-based Mentor programme identifies and remediates drivers’ risky habits behind the wheel with training, coaching, and gamification, achieving up to an 89% reduction in risky driver behaviour over 18 months.
The integration of Greater Than’s EcoScore is a strategic step for eDriving to elevate the sustainability benefits of Mentor for their customers on a global scale by contributing to carbon footprint reductions of up to 20%. In addition, the EcoScore facilitates more accurate Environmental, Social and Governance (ESG) reporting with harmonised data on an organisation’s CO2 emissions and savings.
“Our customers are keen to take ownership of their climate impact and help their drivers minimise their CO2 emissions as well as safely return home to their loved ones at the end of each workday. This exciting new partnership between eDriving and Greater Than will help to accelerate that goal,” said Ed Dubens, CEO/Founder of eDriving. “Greater Than’s EcoScore is yet another example of how eDriving’s Mentor ecosystem brings together the best of the best into one world-class solution focused on driver risk management, safety and sustainability. FICO’s Safe Driving Score, Sfara’s Collision Detection, Bosch’s Emergency Response Services, and now Greater Than’s EcoScore continue to evolve and sustain Mentor’s unique value proposition supporting the world’s largest enterprise organisations.”
Mentor’s EcoDrive powered by Greater Than will incorporate Greater Than’s unique pattern-AI technology which conducts real-time driving analysis to calculate CO2 emissions per individual driver. With a uniform measure of environmental impact, EcoDrive powered by Greater Than enables fair, transparent, unbiased evaluation of individual drivers’ eco performance, regardless of vehicle type or global location. Drivers will be able to see carbon emissions reported in grams and percentages following each trip on their Mentor dashboard, making it the perfect sustainability analysis and reporting tool for organisations with mixed vehicle types.
“We are very excited that eDriving is introducing its new EcoDrive feature based on our EcoScore to its Mentor customers. Our partnership is another proof of the scope of use for our DriverDNA AI analysis. With EcoScore integrated into the Mentor app, eDriving customers will have greater control over their environmental impact and the necessary insights to reduce them, as well as valuable data of absolute CO2 emissions to facilitate comprehensive sustainability reporting, which looks set to be mandatory for many companies in coming years,” said Liselott Johansson, CEO, Greater Than.
EcoDrive powered by Greater Than will be available in eDriving’s flagship Mentor business solutions, as well as Mentor Defender, eDriving’s newest app for individuals and family members, distributed through insurers, auto safety membership organisations and driving schools.
Solera is the global leader in vehicle lifecycle management software-as-a-service, data, and services. Through four lines of business – vehicle claims, vehicle repairs, vehicle solutions and fleet solutions – Solera is home to many leading brands in the vehicle lifecycle ecosystem, including Identifix, Audatex, DealerSocket, Omnitracs, LoJack, Spireon, eDriving/Mentor, Explore, cap hpi, Autodata, and others. Solera empowers its customers to succeed in the digital age by providing them with a “one-stop shop” solution that streamlines operations, offers data-driven analytics, and enhances customer engagement, which Solera believes helps customers drive sales, promote customer retention, and improve profit margins. Solera serves over 300,000 global customers and partners in 100+ countries. For more information, visit www.solera.com.
About eDriving
eDriving, a Solera company, helps organisations around the world improve safety, reduce injuries, licence violations, carbon emissions, and total cost of fleet ownership through its patented digital driver risk management programmes. These include the Mentor by eDriving(SM) smartphone app with FICO(R) Safe Driving Score; the patented, five-stage Crash-Free Culture(R) risk reduction programme; and the Virtual Risk Manager(R) platform, all designed to work together within a privacy-first, data-secure environment that supports drivers and their managers every step of the way. eDriving is the digital driver risk management partner of choice for many of the world’s largest organisations, supporting over 1,200,000 drivers in 125 countries. Over the past 25 years, eDriving’s research-validated programmes have been recognised with over 120 awards around the world. For more information, visit www.edriving.com.
About Greater Than
Greater Than is an AI data analytics company that predicts crash probability and CO2 impact per driver in real-time, revolutionising auto insurance pricing and new business solutions for the automotive, new mobility and fleet industries.
Our AI has experienced the equivalent of 855,000 man-years of real driving and has to date discovered over 7 billion unique driver DNAs: learning that makes it the most experienced AI driver in the world.
Greater Than is appointed as an InsurTech100 company and AIFinTech100 company and has been named Provider of AI Automotive Product of the year, 2021. Greater Than (GREAT) is listed on Nasdaq First North Growth Market. FNCA Sweden AB is the Company’s Certified Adviser. Learn more at www.greaterthan.eu.
Moonstake announced today it will implement support for the popular Polygon Network. With this update, Moonstake Wallet users can now send, receive, and own MATIC coin as well as MATIC tokens on both the web and mobile versions. This update also enables support for sending, receiving, and holding ORBS on Polygon. Furthermore, Moonstake is considering supporting the staking of ORBS on Polygon Network, since the staking platform currently already supports ORBS staking on Ethereum. This will enable users to earn via multi-chain staking of ORBS on both blockchains through a single safe and user-friendly staking platform. Moonstake launched its staking business in 2020 with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS/Android) with support for over 2,000 cryptocurrencies. Currently, Moonstake supports 16 high-demand staking coins: Cosmos, IRIS, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, Shiden, FIO, and EVER, as well as ERC-721 and Cardano NFTs. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1.8 Billion and by June 2021, Moonstake was the third best staking provider in the world out of 15,000 staking providers worldwide. In March 2021, the company entered DeFi with Muse.Finance, a DeFi platform, and will continue to expand into the DeFi business.
Meanwhile, Polygon is a decentralized Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains) akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. The ecosystem’s token, MATIC, provides robust security as well as enables governance. Polygon is one of the market’s biggest blockchains for Web3 builders, boasting over 7,000 DApps in its developer ecosystem which features numerous big names – from DeFi projects such as lending platform Aave to luxury brands company Dolce & Gabbana and NFT marketplaces including OpenSea and Mark Cuban’s Lazy.com.
As a world-leading staking provider, Moonstake is looking forward to offer new, excellent user experiences and exciting opportunities to the Polygon ecosystem users through this integration.
About Moonstake
Moonstake is the world’s leading staking service provider that develops and operates decentralized wallet services for businesses and individuals.
Since its launch in April 2020, Moonstake has partnered with 28 leading platform providers, including Cardano’s constituent Emurgo, developer of the Polkadot-connected blockchain Astar Network Stake Technologies, and the TRON Network with over 50 million users. In May 2021, Moonstake further enhanced its corporate credibility by becoming a wholly owned subsidiary of OIO Holdings Limited, a company listed on the Singapore Stock Exchange.
Using blockchain technology, Moonstake aims to progress toward a world where anyone can easily make use of highly secure and reliable digital asset management tools.
About Moonstake’s staking business
For the staking industry, which has grown into a 630-billion dollar market as of September 2021, Moonstake provides a decentralized staking service that does not require user deposits, and supports nodes around the world in addition to its own validator nodes. Moonstake currently supports the staking of 16 blockchains. With a total staking assets of 1.8 billion USD and a global user base, the company ranked third out of more than 10,000 providers worldwide in June of the same year. https://www.moonstake.io/
About Polygon
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 7000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here. https://polygon.technology/
