Protocol Village: Proof of Play Adds 'Boss' as 2nd Arbitrum Orbit Chain, Lombard Launches LBTC

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 29-Sept. 4.

Keep up with the latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 29-Sept. 4.

Thursday, Aug. 29

Pirate Nation Studio's Proof of Play Adds 'Boss' Chain on Arbitrum Orbit for 'Horizontal Scaling'

Proof of Play, the studio behind Pirate Nation, is launching Boss Chain on Aug. 29, describing it as "the next step in their multichain vision to support 100M+ players." According to the team: "Boss Chain, like the project's original Apex, is an Arbitrum Orbit chain, offering seamless scalability and marketplace interoperability. This is huge news for horizontal scaling, which is essential for ambitious applications with large volumes of onchain compute, such as new social or consumer dapps."

Lombard Launches LBTC, 'Bridging Bitcoin to DeFi

Lombard has publicly launched LBTC, a "cross-chain, yield-bearing Bitcoin token designed for DeFi use." According to the team: "The launch follows a successful private beta that attracted more than $165 million in deposits from over 600 institutional allocators. LBTC allows users to stake Bitcoin through Babylon and utilize it across various DeFi protocols. Initial integrations include major DeFi protocols such as Symbiotic, Morpho, Pendle, Corn, Gauntlet, Derive, EtherFi and Gearbox."

Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here. Also please check out our weekly The Protocol podcast.

Bradley Keoun is the managing editor of CoinDesk's Tech & Protocols team. He owns less than $1,000 each of several cryptocurrencies.

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