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HYPER is the native token for the Hyperlane network, designed to enhance interoperability among over 140 blockchains by empowering users, developers, and validators through a permissionless architecture. The tokenomics include rewards for message usage, staking, and retroactive incentives for early users, aiming to build a community-owned standard for cross-chain applications. Upcoming events include a preclaim phase and token generation event (TGE) in 2025.
Union is a zero-knowledge infrastructure layer designed for efficient message passing, asset transfers, NFTs, and DeFi, operating without reliance on trusted third parties. It supports interoperability with Cosmos and EVM chains, and governance is decentralized to align with the needs of its users and validators. Developers can build and manage various components using Nix for reproducibility across different environments.
The Ethereum Foundation has unveiled a new protocol update aimed at creating a seamless experience across Layer 2 networks through an interoperability framework. This update introduces a roadmap with initiatives targeting faster confirmations and trust-minimized cross-chain interactions, alongside plans for enhanced user experience and privacy features.