U.S. June average hourly wage month-on-month rate

#Dora# On January 11th, Burnt (XION) announced on social platforms that the first online XION Hacker marathon co-hosted by DoraHacks was officially launched on January 17th. From January 17 to February 14, users can build innovative, user-friendly apps with XION's Generalized Abstraction, with a total prize pool of $20,000, and registration is open today

XION is a new type of public chain aimed at addressing the functional and cultural barriers faced by Web3 user adoption by simplifying the user experience and dropping the entry threshold. The platform utilizes the Cosmos ecosystem, supporting frictionless transactions, simplified Wallet creation, and more, promoting widespread application and driving cultural change in Web3.

XION is an emerging L1 public chain aimed at addressing the functional and cultural barriers of Web3 to promote broader user adoption. By simplifying the user experience and optimizing the Web3 ecosystem, XION helps users enter the Web3 world more easily through a frictionless onboarding process and the use of easy-to-understand terminology.

Discussion on the Liquidity Fragmentation Issue in the Layer 2 Era With Ethereum shifting towards Layer 2-centric scaling solutions, coupled with the rise of tools like RaaS, numerous public chains are rapidly developing. Many institutions hope to build their own chains to represent different interest demands and seek higher valuations. However, the emergence of numerous public chains has made it difficult for the ecosystem's development to keep pace with the public chains, leading to many projects experiencing a price drop upon issuance. With the help of OP Stack, a trading platform has launched its own Layer 2, while another trading platform has released a new chain; leveraging ZK technology, a trading platform has introduced a new layer; a gaming company has launched a new chain, and a social platform has also introduced a new chain, etc. Nowadays, the financial and technical barriers to building a chain have been greatly reduced, with the cost of operating a chain based on OP Stack being approximately $10,000 per month.

The XION public chain aims to address the functional and cultural barriers to Web3 user adoption by simplifying the user experience, enabling frictionless transactions, and using easily understandable terminology to promote the widespread adoption of Web3. Its Blockchain interconnection technology enhances the ecosystem's usability, providing users and developers with more choices and conveniences.