Polymarket has seen a significant resurgence in its political markets, with trading volumes escalating from $3.9 million to $19.5 million amid heightened geopolitical tensions. A notable market concerning US military action against Iran garnered $29.9 million in trading volume, reaching a 99% certainty for a ‘Yes’ outcome based on prior trading rates. In governance innovation, Celestia's co-founder proposes abandoning proof-of-stake for a new ‘proof-of-governance’ model. If the proposal succeeds, it would drastically cut TIA issuance, eliminate delegated staking, and require validators to be chosen through off-chain governance. Celestia aims to enhance its economic security while challenging existing Ethereum norms. Meanwhile, Maple's SyrupUSDC stablecoin is rapidly growing, currently at a market cap of $780 million, leveraging overcollateralized loans to yield investors above-average annual percentage yields while also expanding its presence in DeFi, primarily through platforms like Spark and Pendle.

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