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The recent volatility in the cryptocurrency market, exemplified by Ethereum’s drop to $3K, has left investors unsettled and apprehensive about what lies ahead.

DeeStream (DST) is attracting significant attention from other alternative coins.

Enthusiasts of DeeStream (DST) have the opportunity to participate in the pre-sale and acquire tokens here.

Ethereum (ETH scaling solutions secure new funding

Aligned Layer, recognized as the “universal verification layer for Ethereum,” made a significant impact on April 14, 2024, with the announcement of its successful seed funding round, raising an impressive $2.6 million. Lemniscap, a prominent figure in the cryptocurrency and blockchain realm, spearheaded the investment. Known for their support of emerging companies in the sector, other notable contributors included Bankless Ventures, Paper Ventures, StarkWare, O(1)Labs, and Ingonyama.

This substantial backing positions Aligned Layer as a leading decentralized ZK Proof verification layer for Ethereum. It enables Ethereum holders to securely transfer their funds, underscoring their commitment to enhancing Ethereum’s ecosystem. Scheduled to launch its mainnet in Q2 2024, Aligned Layer aspires to transform infrastructure by enhancing its cost-effectiveness and efficiency, particularly benefiting developers engaged in layer-2 networks (L2).

Aave Finance (AAVE) fork encounters obstacles

Pac Finance, an Aave derivative operating on Coinbase’s layer-2 chain Blast, faced a significant setback resulting in the liquidation of user positions totaling over $26 million. This incident occurred when Pac Finance attempted to modify its loan-to-value (LTV) parameters on April 11 but inadvertently decreased its liquidation threshold.

The aftermath of this error led to the depletion of Ether-collateralized positions on the platform, inflicting substantial losses on users. Reports suggest that a single user suffered losses amounting to $24 million due to this oversight. Following the identification of the error, Pac Finance acknowledged the issue and assured affected users that measures were being taken to rectify the situation.

DeeStream (DST) gains momentum among altcoin enthusiasts

In contrast to centralized platforms grappling with challenges such as content censorship and delayed withdrawals, DeeStream advocates a decentralized model, prioritizing freedom of expression, prompt withdrawals, and reduced fees. Offering a unique incentive, DeeStream allocates 50% of sponsored advertising revenue and redistributes platform fees to token holders, aligning investors’ interests with the platform’s prosperity.

Moreover, DeeStream employs a fee system where streamers contribute a portion of their subscription earnings. Progressing into Stage 2 of its pre-sale, DeeStream offers DST tokens at a mere $0.06 per token. Participants in the pre-sale phases benefit from early access to platform features.

For more information on the DeeStream pre-sale, please visit the website here