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Gitcoin announces closure of Grants Lab, its main software development division, due to lack of sustainable profit model Gitcoin co-founder Kevin Owocki posted on the X platform that Gitcoin will close its main software development department Grants Lab and say goodbye to some outstanding team members. This is one of the most difficult decisions since the establishment of Gitcoin. Behind this decision is the change of the ecological environment: the way of funding public products is evolving, the L2 ecosystem is gradually maturing, the collaboration mechanism is constantly innovating, and new competitors are constantly emerging. At the same time, key members of Grants Lab have left one after another, and the team lacks a clear and sustainable profit model in its current form, resulting in its financial expenditure exceeding its affordable range. Therefore, Grants Lab will no longer apply for the budget for the second half of 2025, and the remaining funds will be used to pay severance pay to affected employees. Gitcoin said that they will do their best to support the transition of departing employees in a respectful and caring manner.

$BTC has just entered the zone of peak range this month, where a Cycle Peak should form. This range appears to be 0.25 to 0.5 between each halving. If you don't have enough #bitcoin on hands, it's a good idea to grab more according to this time cycle analysis.

$EPT Token key insights: The $EPT token is associated with various projects, but without more context, it's challenging to provide specific information. Here are a few possibilities: ♦️Possible Projects 1. Emblem Vault: $EPT might be related to Emblem Vault, a platform that allows users to store and manage their NFTs and other digital assets. 2. Other Projects: $EPT could be associated with other projects, such as entertainment, gaming, or social platforms, that utilize blockchain technology and tokens. ♦️Token Utility Without more information, it's difficult to determine the specific utility of the $EPT token. However, tokens are often used for: 1. Governance: Tokens can grant voting rights and allow holders to participate in decision-making processes. 2. Payment: Tokens can be used as a form of payment within a platform or ecosystem. 3. Incentivization: Tokens can be used to reward users for contributing to a platform or ecosystem.

In today’s crypto landscape, passive income isn’t just a buzzword—it’s a smart strategy. One of the most popular ways investors are putting their assets to work is through staking. And if you’re holding $INIT, you might be sitting on an untapped earning opportunity. Here’s a straightforward breakdown of how staking $INIT works, what you gain, and what to watch out for. ➡️What’s Staking, Anyway? Think of staking as earning interest—but crypto style. By locking up your $INIT tokens to help run the network, you earn rewards over time. These rewards come from the protocol itself, often in the form of additional $INIT. The more you stake—and the longer you hold—the more you stand to earn. ➡️How to Stake Your $INIT (Step-by-Step) 1. Pick a Platform Start by selecting a platform that supports $INIT staking. This could be: A centralized exchange (like Binance or Bitget if they support INIT) A decentralized staking pool A wallet with native staking features 2. Transfer Your Tokens Move your $INIT tokens into the staking-compatible wallet or platform. Be mindful of transfer fees and minimum staking requirements. 3. Choose Your Staking Terms You’ll often get two main options: Flexible staking: Withdraw anytime, lower rewards Fixed-term staking: Lock your tokens for a set period (7, 30, 60+ days) for higher rewards ➡️Why Stake $INIT ? (The Good Stuff) Earn Passive Income: It’s one of the easiest ways to grow your bag without active trading. Strengthen the Network: Staking helps secure the $INIT blockchain and keeps it running smoothly. Potential Upside: If $INIT’s price climbs during your staking period, your gains multiply. ➡️Things to Watch Out For (Don’t Skip This Part) Price Volatility: Crypto’s volatile. Your rewards could shrink if $INIT dips in value. Lock-Up Risks: Fixed staking means your funds are illiquid during the term—you won’t be able to sell even if the market shifts. Platform Trustworthiness: Only stake with platforms that have strong reputations and proven security records. If the platform goes down, your funds might too. Pro Tip: Consider using non-custodial options if you want more control and direct access to your tokens. ➡️Future of $INIT Staking: What’s Next? As the $INIT ecosystem grows, we may see the introduction of: Validator roles for advanced users Governance staking, giving holders voting rights on key decisions DeFi integrations, where $INIT staking pairs with lending or liquidity protocols These features could add more utility—and more earning power—for $INIT holders. ➡️Final Thoughts: Is It Worth It? Staking $INIT is a powerful way to put your crypto to work. It’s low-effort, supports the health of the network, and offers the potential for consistent returns. But as with all crypto investments, make sure to do your homework. If you believe in the future of $INIT and want to grow your position while staying hands-off, staking might just be your move.

Infinitar invests $10 million in IGC Guild to incubate new IGC mining games Web3 MOBA game Infinitar recently announced that after a vote by its global governance committee, it will inject $10 million into its strategic partner IGC Guild. This strategic investment aims to accelerate the global expansion of IGC Guild and expand its global market coverage. The mining chain game jointly incubated by Infinitar and IGC Guild will form an ecological closed loop of "guild expansion-Token incentive-game precipitation": IGC Guild guides the game, the game produces IGC Token to feed back to the guild members, and IGT is used as the underlying asset to realize the capture of the value of the entire ecosystem. IGC Token is designed to be 100% governed by the community, with a total amount of 100% completely locked, no reservation or private placement, and the only output channel is the liquidity mining game "Zoo". Participating in the game to mine IGC must use Infinitar's native token IGT, which belongs to a high-speed deflation economic model.