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Home News

5 Key Crypto Events to Watch This Week: September 30 – October 6

Here's what's happening in the crypto space this week at the beginning of Q4

Rada Mateescu Rada MateescuVerified Author
Sep 30, 2024
3 min. read
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Key Points

  • Important crypto events are set to take place this week as Q4 debuts.
  • Arbitrum, Shardeum, EigenLayer, and Uniswap are the top players to watch.

As the crypto market gets ready to enter an optimistic Q4, more notable events are set to take place during this week.

5 Key Crypto Events to Watch This Week

1. Arbitrum’s SSF Opens for Applications

Today, September 30, applications open for the Security Subsidy Fund (SSF) offering up to $2.5 million in subsidies for new and the existing Arbitrum ecosystem.

Arbitrum made the announcement via X on September 24, saying that ArbitrumDAO initiatives are helping builders make Arbitrum their home.

Arbitrum via X
Arbitrum via X

Over the course of operations, the SSF will reportedly distribute from an allocation of up to $2.5 million worth of ARB to subsidize the cost of approved security services for applicable projects within the Arbitrum ecosystem.

Applicants to the SSF will be evaluated against the requirements by the ADPC‘s Means Test. The means test involves a structured approach to evaluating applications.

Successful applicants will be eligible to receive subsidized security services from the 9 whitelisted security service providers for the Arbitrum DAO. All projects in need of security services were encouraged to apply.

The application process runs starting today, until 23:59 UTC on October 14.

2. Shardeum L1’s 3rd Phase Launch

The third phase of the Shardeum L1 blockchain’s incentivized testnet, Atomium will launch tomorrow, October 1.

Shardeum, the EVM-based autoscaling blockchain allows for the community to run the nodes, and its auto-scalability features means exponential growth.

The Atomium testnet launch follows the successful completion of the first two stages, which saw participation from more than 540,000 users, including 11,000 validators. The process facilitated over 5 million transactions.

Stage 3 of the Atomium Incentivized Testnet is expected to run for 3-4 weeks, longer compared to the previous stages. This will reflect the developments that the testnet has made so far.

Users’ participation is vital in helping the project fine-tune and stabilize the network, according to an official Shardeum announcement.

Shardeum.org
Shardeum.org

The Stage 3 quest campaign allows users to extensively stress-test the following:

  • On-chain activities
  • Validator functionalities

In return, users can earn rewards including:

  • SHM airdrops
  • XP
  • NFTs
  • Badges
  • Surprise rewards/offers from partners

3. Countdown for EigenLayer’s Secure Wallet Submission Solution

The re-staking protocol EigenLayer announced a new secure wallet submission solution for operators. The addresses have to be submitted by October 6.

On September 24, the Eigen Foundation announced that their secure wallet submission solution went live. Users can securely provide a new wallet address via their smart contract, without the need to connect their operator wallet to the claims site.

The submitted wallet can claim the operator stakedrop token allocation from the claims site. The last day for submitting addresses is October 6.

4. EigenLayer (EIGEN) – TGE and Distribution

EigenLayer’s TGE (token generation event) is scheduled for today, September 30. Binance will list EigenLayer (EIGEN) tomorrow, October 1, with the Seed Tag applied.

5. Upcoming Uniswap V4 Launch

Uniswap v4’s launch should take place this week since it was postponed for Q3 and it hadn’t launched yet.

According to an official Uniswap post via X, v4 should be the most rigorously audited code ever deployed on Ethereum.

Its roadmap included the following:

  1. Phase 1 – Code Freeze: Including core code completion, testing, gas optimizations, security enhancements, and finalizing the periphery.
  2. Phase 2 – Auditing and Testnet: Including comprehensive auditing by multiple audit firms, and a community audit contest, along with the final adjustments to the code.
  3. Phase 3 – Launch Push: v4 was pushed to Mainnet ETH in Q3 and should launch this week, but it’s not certain yet.

Uniswap v4 will introduce a flash accounting system, allowing users to chain multiple actions in one transaction. These actions include swapping and adding liquidity.

The system tracks token balances via the transaction and will ensure that all debts are settled. If this is not the case, the transaction is reversed – this would cut gas costs and boost efficiency.

Q4 is about to begin and these are only some of the most important bullish events to watch at its debut.

Tags: ArbitrumEigenLayerShardeum

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