Odaily reports that the Polygon community has proposed draft proposal PIP-93, which aims to consolidate the Protocol Council, Polygon PoS, and AggLayer multisigs into a unified Polygon Security Council. The council will consist of 11 signers delegated by 10 institutions, adopting an 8/11 multisig strategy covering Ethereum and Polygon; Polygon Labs holds 2 seats, with the remaining institutions each holding 1 seat. Participating institutions include Sherlock, Hexens, Sigma Prime, Curve, QuickSwap, EthCC, L2Beat, and Coinbase, among others. Routine upgrades and parameter changes can be proposed by the Polygon Labs Operations multisig through a 7-day timelock, during which the Security Council may veto, or it can bypass the timelock to execute immediately or lift contract pauses. The proposal intends to replace the governance structure established by PIP-29, disclosing only the list of institutions holding seats rather than individual signer identities; it is currently in Draft status.

Odaily reports: Following the Binance security incident, the crypto market saw widespread declines. BNB briefly dropped below $700, now trading at $708, down about 5.34% over 24 hours. By comparison, most major and mid-cap altcoins experienced larger declines.According to market data, SUPER fell 22.06%, RSR dropped 21%, PHA declined 20.59%; GTC fell 19.92%, CVX dropped 19.87%, IMX declined 17.89%; YFI fell 15.53%, EIGEN dropped 15.43%, PYTH declined 15.38%; CRV fell 15.29%, LDO dropped 13.97%, W declined 13.95%, and ZK fell 13.51%.

Odaily reports: Curve Finance and the Stellar Development Foundation have announced that Curve is now live on the Stellar mainnet, marking Curve's first non-EVM native deployment. StableSwap is currently available, allowing users to permissionlessly create liquidity pools, swap assets, and provide liquidity. Curve founder Michael Egorov stated that the expansion to non-EVM chains was partly driven by institutional demand, and that Stellar is relatively close to existing EVM usage habits. The team plans to launch FXSwap after the audit is completed, but no timeline has been announced yet. According to DeFiLlama data, Curve's current total value locked (TVL) is approximately $1.27 billion.

Odaily reports: OpenFour, the open token issuance ecosystem under Four.Meme, has announced a partnership with GoPlus to launch a $500,000 incentive program, calling on developers to submit innovative token launch mechanisms. Developers can build custom mechanisms based on Four.Meme's issuance infrastructure on BNB Chain, and once approved and launched, these mechanisms will be available for projects within the OpenFour ecosystem to adopt.Selected mechanisms will receive free security audits, a $2,000 launch reward, up to 50% fee sharing, as well as official promotion and integration support.This call for proposals prioritizes Royalty / revenue vaults, custom Bonding Curves and trading logic, novel migration paths and incentive models, as well as innovative combinations of existing modules, but is not limited to these areas. Proposal applications are now open.

Odaily reports: Four.Meme's OpenFour has officially launched a new token launch mode called Binance Agent ID Exclusive, designed specifically for AI Agents in the BNB Chain ecosystem, with support from Binance Wallet.During the Bonding Curve trading phase, this mode only allows Binance Agentic Wallets holding an Agent ID to participate in trading. Each wallet may hold a maximum of 1% of the total token supply, and tokens are non-transferable. After the token completes Graduation, trading will be opened to all users.With the support of Binance Wallet, users can participate in trading without enabling Developer Mode.Any wallet can create tokens through this mode, using BNB as the fundraising currency, and supports setting an optional trading tax. Developers can pre-purchase up to 1.5% of the fundraising amount in tokens before launch and may sell during the Bonding Curve phase, but cannot continue buying after launch.All tokens issued through the Binance Agent ID Exclusive mode will display an exclusive ".ai" label on the Four.Meme platform, allowing users to identify tokens issued under this mode.

Odaily reports that Uniswap Labs has announced the launch of Aggregator Hooks, bringing aggregation capabilities to Uniswap v4. The mechanism uses Hooks to wrap external liquidity sources as v4 pools and is now live on the Uniswap web app and API, covering Ethereum mainnet, Base, and Robinhood Chain. On the first day, it supports 7 external sources including Curve, Fluid, and PancakeSwap, with more networks to be added gradually. Per-block routing will fetch the latest quotes from integrated sources, build the optimal path between Uniswap pools and external sources, and settle within a single transaction without requiring new approvals; the related swaps will incur a protocol fee, which will be used for UNI burning.

Odaily News: On October 16, according to SoSoValue data, the crypto market sectors overall showed a modest upward trend, with the AI sector performing notably well, rising 3.63% in 24 hours. Among them, Akedo (AKE) rose 16.45%, and Venice Token (VVV) rose 10.25%. Meanwhile, Bitcoin (BTC) rose 0.54%, breaking through $82,000; Ethereum (ETH) rose 0.78%, breaking through $2,400.In other sectors, the DePIN sector rose 2.54% in 24 hours, with Grass (GRASS) up 9.34%; the Layer2 sector rose 2.11%, with Starknet (STRK) up 11.48%; the PayFi sector rose 1.94%, with Zcash (ZEC) up 7.92%; the DeFi sector rose 1.46%, with Curve DAO (CRV) up 7.56%; the Layer1 sector rose 1.16%, with Injective (INJ) up 13.88%.Additionally, the Meme sector fell 0.26%, though Pons (PONS) rose 9.40%; the CeFi sector fell 0.22%, with OKB down 3.29%.Crypto sector indices reflecting historical sector performance show that the ssiAI, ssiDePIN, and ssiRWA indices rose 3.87%, 3.24%, and 2.92% respectively.

Odaily News: Grayscale has announced a partnership with investment platform Republic to offer Grayscale's investment products to eligible investors, including the Grayscale DeFi Fund, Grayscale Decentralized AI Fund, and Grayscale Data Network Trust. Among them, the DeFi Fund covers tokens such as UNI, AAVE, ONDO, ENA, CRV, and LDO; the Decentralized AI Fund covers tokens such as NEAR, TAO, RENDER, and FIL; and the Data Network Trust provides investment exposure to DATA, the native token of the DATA Network.

Odaily reports that Solana ecosystem DeFi protocol Meteora's token MET is now trading at $0.4618, up 44.6% in 24 hours. Meteora has announced the launch of DLMM Pro, a product that integrates the features of the existing DLMM, DAMM v2, and Dynamic Bonding Curve, providing market makers with more ways to shape liquidity and giving project teams greater freedom in market design.

Odaily News: According to on-chain analyst Yu Jin's monitoring, a whale or institution recently liquidated its long-held DeFi tokens, with a cumulative loss of $9.61 million. Among them, 10 days ago, it liquidated 37.26 million CRV held for 3 years, worth $13.05 million, with an average entry price of $0.51 and a liquidation price of $0.35, resulting in a loss of $5.97 million; 3 hours ago, it transferred 4.01 million PENDLE held for 1 year to OKX and sold at $2.38, with a previous average entry price of $3.29, resulting in a loss of $3.64 million.