According to BlockBeats, EthLabs founder Barnabé Monnot published a Week 2 update on July 6, summarizing progress on interoperability, PropAMMs, and fundraising initiatives. The team is advancing zero-knowledge-based asynchronous interoperability to improve cross-chain bridge security, with Fast Confirmation Rule (FCR) expected to reduce confirmation delays on L1-to-L2 pathways.
PropAMMs emerged as a key focus among ecosystem teams and researchers, targeting optimization between L1 execution efficiency and block building. EthLabs also highlighted ENS as critical infrastructure and is approaching fundraising completion with support from BitMNR, Sharplink, and Ethereum Joseph, planning to onboard one or two additional core investors.