Protocol Village: Base Enables Fault Proofs, Soulbound Relaunches With Betting, Termina Raises $4M

This week, Base enabled fault proofs on the main network, Soulbound relaunched with a new design and interactive features, Termina raised a $4 million seed funding round

Layer-2 blockchain Base has enabled fault proofs on the main network, marking a key milestone in its path to decentralization. The announcement comes four months after Optimism — the layer-2 blockchain upon which Base's technology is built — added fault proofs, a core feature at the heart of so-called optimistic rollups.

According to a blog post from Base:

"Fault proofs are an essential component of going from Stage 0, in which a rollup has 'full training wheels,' to Stage 1, which has 'limited training wheels.' This year, the Base core team collaborated closely with Optimism to bring the OP Stack Fault Proof System to Base. This enables a decentralized approach to proposing and validating L2 state, and paves the way towards more community participation."

The post continued:

"Today marks an important step in Base's journey towards decentralization. We are excited to announce that fault proofs are now live on the Base main network. This capability is a key component in the path from Stage 0 to Stage 1, and will enable decentralized L2 state proposal and validation. Stay tuned for more updates on Base's decentralization roadmap."

Decentralized streaming platform Soulbound has relaunched with a new design and interactive features, including real-time betting on live content.

According to the team:

"With the relaunch, Soulbound is integrating StreamFi and GambleFi, which will redefine how content is monetized on live-streaming platforms. Streamers can start earning from day one, as the platform pays in its native token, Soulbucks (SBX), based on views, interactions and other engagement metrics. Viewers will be able to place bets on Soulbound on in-stream events — like predicting a player’s next move or the outcome of live matches."

Termina, the SVM-as-a-Service platform by Nitro Labs, has raised a $4 million seed funding round, led by Lemniscap.

[NOTE: SVM stands for Solana Virtual Machine — the operating environment for smart contracts on the Solana blockchain.]

According to the team:

"Recognizing the lack of SVM infrastructure offerings across the market, Nitro Labs got to work on building Termina, with a clear mandate to scale the SVM while empowering developers to create customizable Solana-based networks optimized for performance and privacy. Currently over 20 ecosystem partners are building alongside Termina, including both Solana-native and cross-chain projects, allowing developers to deploy and manage purpose-built SVM networks quickly and efficiently."

Deep Blue, a newly launched stablecoin issuance platform aiming at developing the industry across real world and crypto applications, announce its integration with Arbitrum, the largest EVM layer-2 scaling solution by market value.

According to the team:

"This combines Deep Blue’s best-in-class stablecoin issuance with Arbitrum’s powerful and innovative layer 2."

Ika, claiming to be the fastest parallel MPC network, launched on Sui, "offering secure, interoperable solutions across multiple chains like Bitcoin, Ethereum and Solana without traditional bridging. Ika empowers Move smart contract developers and enables institutional-grade scalability and security by leveraging Sui’s Mysticeti consensus and novel 2PC-MPC cryptography. This ultra-fast MPC network powers applications such as Programmable Bitcoin, DeFi interoperability, decentralized custody, chain abstraction and secure AI guardrails."

OKX Ventures, The Open Platform (TOP) and Folius Ventures have launched a $10 million Telegram Growth Hub to accelerate innovation on the TON blockchain and enhance Telegram's mini-app ecosystem.

According to the team:

"The initiative will fund up to 10 projects focused on key areas such as user onboarding, on-chain trading features and mini-apps for gaming and entertainment that expand TON’s use cases. Selected projects will receive funding, developer resources (including OKX Connect) and mentorship. Applications are open until Nov. 29 at

https://tally.so/r/mJk9R7."

Nebra, a leading provider of zero-knowledge solutions, announced that its Universal Proof Aggregation (UPA) is live on the World Chain mainnet, delivering a first-of-its-kind scalable zk-proof solution to the network.

According to the team:

"Supported by the Community Grants Program Wave0 to help advance the World Network Tech Tree, NEBRA UPA introduces breakthrough efficiency in zk-proof verification tech, capable of cutting costs by over 90%. This makes privacy tech accessible, efficient, and censorship-resistant across World Chain, paving the way for more widespread, real-world adoption."

Truflation, in partnership with Digital Asset Solutions, has launched its first-ever Meme Coin Index, offering investors a unique way to track and invest in the memecoin sector.

According to the team:

"This index aggregates eight leading meme coins across multiple chains,