News

Jinse Finance reported that the stablecoin protocol Yala stated on the X platform that all native BTC under Institution Mode will be removed from the Yala protocol. However, YBTC will not be completely destroyed, as some YU remains locked in the Euler pool and cannot be withdrawn, and the YU associated with this Institution Mode address will not enter circulation. This process is entirely independent of retail activities and is specifically designed for institutional counterparties trading under specific terms and with larger positions. This exit will not affect the YU balance or redemption rights of retail users; the YU held by retail users remains fully valid, and the redemption schedule will proceed as planned. The complete redemption plan and schedule will be announced on December 15.

ChainCatcher News, TRON officially announced that the pre-release version of java-tron v4.8.1 has been officially launched on the Nile testnet. As this is a mandatory upgrade, all Nile nodes are urged to complete the update as soon as possible. This upgrade covers several key modules including consensus core, virtual machine, network, event service, and API, aiming to further enhance the overall capabilities of the TRON network in terms of performance, security, and cross-architecture compatibility. According to the official website of the Nile testnet, this upgrade comprehensively improves the TRON network's performance in architecture compatibility, virtual machine security, network stability, event and API query capabilities, and development toolchain: added support for ARM architecture, introduced TIP-6780 to adjust the SELFDESTRUCT instruction, optimized P2P communication and event queries, expanded block receipt and SR vote query interfaces, and upgraded the toolchain to further enhance the system's overall performance and maintainability. It should be noted that the new proposal added in the Nile testnet GreatVoyage-v4.8.1 requires on-chain governance voting before it can take effect on the testnet. Whether it will be enabled on the mainnet in the future will depend on the progress of the upgrade and the results of governance.