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Project Overview
SIREN is a distributed protocol that creates, trades, and redeems fully-collateralized options contracts for any ERC-20 token. It enables DeFi users to use options to hedge, speculate, and generate passive income.
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Orb Co-founder: Farcaster Should Move Away from Reliance on a Single Long-Term Manager
Odaily News: Lens Product Lead and Orb Co-founder Kimmo Siren stated that the more critical issue for Farcaster right now is not "who takes over," but rather advancing the protocol to a stage where it no longer depends on a single long-term manager. He believes that a fully decentralized social protocol should allow any client to directly read, write, replay, and verify the complete history without having to trust a single team responsible for storage infrastructure or holding validator keys. Siren noted that as infrastructure such as Ethereum blobs and EIP-4844 matures, social data can be written in batches at low cost, re-hosted by anyone, and verified through on-chain commitments. He hopes to build replicable, verifiable on-chain social state, ensuring that even if the management team changes, the social network itself can remain sustainable.
Today’s Top 100 Cryptocurrencies by Market Cap: H up 14.53%, M down 9.26%
According to CoinMarketCap data, the top 100 cryptocurrencies by market capitalization performed as follows today: Top 5 Gainers: Humanity Protocol (H): +14.53%, currently priced at $0.1639; Binance Life: +9.11%, currently priced at $0.3754; Siren (SIREN): +7.30%, currently priced at $0.7059; Pi (PI): +5.45%, currently priced at $0.1915; Tezos (XTZ): +5.34%, currently priced at $0.3842. Top 5 Losers: MemeCore (M): −9.26%, currently priced at $3.55; DeXe (DEXE): −6.32%, currently priced at $13.43; Zebec Network (ZBCN): −6.26%, currently priced at $0.003695; Zcash (ZEC): −5.70%, currently priced at $334.42; Chiliz (CHZ): −5.07%, currently priced at $0.04609.