Odaily News: A proposal on the Lido governance forum seeks to authorize a conditional LDO centralized exchange liquidity market-making program, to be activated only when the Lido Growth Committee determines that CEX liquidity is insufficient or may become insufficient. The plan could provide up to 7.5 million LDO from the Lido DAO treasury as recallable inventory, and allocate up to 480,000 USDC for fixed service fees and related costs over a maximum of 12 months; if not activated within two years, the authorization will expire.The forum disclosed that LDO's average daily trading volume over the past 90 days was approximately $34 million, lower than the $43.8 million in the previous 90 days and $95.4 million in the same period of 2025.

Odaily Report: On September 16, according to SoSoValue data, influenced by a combination of factors including the failure of a key procedural vote on the CLARITY Act, the crypto market overall trended downward. The PayFi sector fell 8.44% over 24 hours, with XRP (XRP) and Stellar (XLM) dropping 10.38% and 10.66% respectively. Meanwhile, Bitcoin (BTC) declined 3.17%, briefly falling below $75,000 intraday before recovering to $75,600; Ethereum (ETH) dropped 4.88%, falling below $2,400.Additionally, the GameFi sector remained relatively resilient, rising 9.65% against the trend over 24 hours, with Akedo (AKE) surging 76.22%.In other sectors, CeFi fell 1.74% over 24 hours, with Cronos (CRO) dropping 6.70%; Layer1 declined 3.44%, with mainstream public chains broadly weakening — Solana (SOL) fell 5.65% and Injective (INJ) dropped 13.07%; Layer2 decreased 4.04%, though Arbitrum (ARB) showed strength with a 10.71% gain; Meme fell 4.24%, with Pump.fun (PUMP) dropping 7.59%; DeFi declined 5.25%, with Curve DAO (CRV) falling 9.72%;Crypto sector indices reflecting historical sector performance show that the ssiPayFi, ssiDePIN, and ssiRWA indices fell 9.78%, 8.86%, and 6.81% respectively.

Odaily reports that Aave Labs released an ARFC proposal on September 14, planning to deploy an Aave V4 isolated Hub and Spoke, using institutional custodied assets as collateral for borrowing stablecoins. The first instance plans to use Anchorage-custodied BTC, with Anchorage holding the underlying collateral throughout the entire loan lifecycle.Collateral ratios, liquidation penalties, supply and borrow caps, interest rate models, and oracle configurations will be proposed by DAO risk service providers in a subsequent AIP. The proposal must sequentially pass through the ARFC feedback period, Snapshot vote, and AIP process.

Odaily reports that according to GMGN data, the market cap of Robinhood chain ecosystem token STANDARD has risen above $40 million, currently at $43.11 million.It is reported that The Standard Reserve bills itself as an "onchain sovereign central bank," aiming to replace traditional central banks or DAO governance with approximately 4,000 lines of immutable smart contract code to achieve automated monetary policy. The protocol adjusts STANDARD issuance based on the net flow of ETH in Uniswap v4's official trading pools, and adjusts reserve assets, protocol-owned liquidity, and token buyback-and-burn arrangements when there are net capital inflows or outflows, respectively.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily reports, according to GMGN data, the market cap of Robinhood Chain ecosystem token STANDARD has fallen below $30 million, now at $28.1 million, with a 1-hour decline of over 16%.It is reported that The Standard Reserve bills itself as an "onchain sovereign central bank," aiming to replace traditional central banks or DAO governance with approximately 4,000 lines of immutable smart contract code to achieve automated monetary policy. The protocol adjusts STANDARD issuance based on the net flow of ETH in the official Uniswap v4 trading pool, and adjusts reserve assets, protocol-owned liquidity, and token buyback-and-burn arrangements when there is net capital inflow or outflow, respectively.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily reports: The market cap of Robinhood Chain ecosystem token STANDARD briefly surpassed $44.2 million and has now fallen back to around $35 million.The Standard Reserve describes itself as an "on-chain sovereign central bank," aiming to replace traditional central banks or DAO governance with approximately 4,000 lines of immutable smart contract code to achieve automated monetary policy. The protocol adjusts STANDARD issuance based on the net flow of ETH in the official Uniswap v4 trading pool, and adjusts reserve assets, protocol-owned liquidity, and token buyback-and-burn arrangements accordingly when there is net capital inflow or outflow.Odaily reminds users that Meme coin prices are highly volatile, and investors should participate with caution.

Odaily Report: Balancer Labs co-founder Marcus Hardt posted on X that he has proposed a governance proposal to gradually shut down Balancer. Balancer had previously completed a restructuring, including halting token emissions, transferring all protocol fees to the DAO, cutting the operational budget by one-third, and reducing the team from approximately 25 people to 12.5 full-time equivalents.Marcus stated that the restructuring was completed on the cost side as planned, but revenue performance fell short of expectations. Currently, most of Balancer's protocol revenue still comes from v2, and v3 revenue has not grown enough to replace v2. Previous security incidents have also continued to affect partners' willingness to adopt v3. Marcus said he can no longer see a funded path that could change the situation, and continuing to burn through treasury funds is not reasonable. Therefore, he has proposed gradually shutting down Balancer and will not lead efforts to develop a plan for continued operations. The Balancer code will remain open source, and other teams can fork it and continue development. The relevant proposal has been submitted to the governance forum, and the final decision still rests with token holders.

Odaily News: Crypto trader Bonk Guy posted on X platform responding to recent controversy surrounding his purchase of EMBER and explaining his position-building logic. Bonk Guy stated that he first noticed the project when EMBER's market cap was around $3 million but did not buy in. After observing for a day, he revisited his research due to the platform's rapid data growth and bought in from around a $7 million market cap all the way up to a $20 million market cap.Bonk Guy said that EMBER is a major Launchpad built on Meteora, supporting SOL, USDC, and over 150 tokenized stocks as pairing assets for token issuance. It utilizes Meteora Dynamic Bonding Curve technology and offers features such as token fee distribution, Daily Jackpots, and DAO governance.According to his disclosure, Ember has recorded approximately $51.7 million in trading volume, $561,000 in fees, and has cumulatively issued 2,041 tokens within 3 days of launch, with over 41,800 unique holder addresses and 149,000 Solana transactions. BonkGuy compared his Ember purchase to his previous PONS trade, noting that he first saw PONS when its market cap was below $1 million, similarly ignored it for a full day, and then started buying at around a $4 million market cap. Rather than whether a trending token has already emerged, what matters more is observing the real usage data underlying the Launchpad.Additionally, Bonk Guy stated that both Robinhood Chain and BNB Chain have multiple successful Launchpads, while Solana's Meme trading ecosystem has been developing for a longer time, so there is no reason to believe that Solana can ultimately only accommodate one successful Launchpad. He also stated that his trades are not based on market consensus. Some of his most successful trades in the past often came from discovering opportunities before the market formed a consensus; by the time everyone agrees, the asymmetric upside potential has usually already been significantly reduced.Regarding the recent controversy, Bonk Guy said that the claim of "EMBER having over 50% Bubblemaps address clusters" has been clarified by Bubblemaps; his earlier statement that Ember was "launched by Meteora" was also inaccurate—a more precise description is that Ember is built on Meteora-related infrastructure and has now been listed on Meteora's ecosystem page. Bonk Guy emphasized that he has no relationship with the Ember team, and EMBER is a personal trade for him.

Odaily News: On September 11, MetaMask officially announced support for connecting to TRON decentralized applications, further expanding its multi-chain ecosystem gateway. In the newly released DApp Spotlight, several representative TRON ecosystem projects were among the first to be featured, covering three core sectors — artificial intelligence, decentralized finance, and file storage — including AI Agent infrastructure B.AI, liquidity infrastructure platform SUN.io, DeFi lending platform JustLend DAO, and the world's leading peer-to-peer file-sharing protocol BitTorrent. Users can now conveniently access these dApps through MetaMask and experience a one-stop suite of on-chain services spanning AI, DeFi, and decentralized storage. This integration not only further enhances the openness and usability of the TRON ecosystem, but also provides global users with a smoother multi-chain interaction experience, further improving the openness and usability of the TRON ecosystem.

1. PUMP may be undervalued in the short term, while long-term value absorption remains uncertain;2. U.S. Treasury Secretary: Urges the Senate to continue advancing the "Clarity Act" legislative process after the August recess ends;3. Spot Bitcoin ETFs saw a total net outflow of $283 million yesterday, marking 3 consecutive days of net outflows;4. An address holds 31.8 million HYPE, worth $2.513 billion, having accumulated and staked 3.029 million in the past half month;5. Revenue up about 140% compared to Q2, Arbitrum's Q3-to-date revenue and DAO treasury revenue data released;6. A $433,000 ZEC long position was fully liquidated, involving 3,848.5 ZEC;7. A whale withdrew $1.1 million USDT to buy 9.53 million NiuLai at an average price of $0.1155.