Mind Network Monthly Recap for July 2024

3 min readAug 2, 2024

Hello, Minders!

As we wrap up another innovative month at Mind Network, we are excited to share the strides we’ve made in enhancing data security and expanding our technological horizons. Here’s what happened this July:

Alpha Mainnet is Live:

Stake now to earn future airdrops! Last month, we officially launched the Alpha Mainnet, supporting over nine types of liquid staking tokens. Exciting updates are on the horizon, including the introduction of Bitcoin liquid staking tokens and so on.

Check out the tutorial for more details.

Conference Season Highlights：

ETHCC on My Mind:

At ETHCC2024, we joined forces with Babylon, OG Labs, Chainlink, Swell, MagnetAI, Lorenzo, AethirCloud, Inco, Allora, Phala, Ether.FI, and Stakestone to host a side event. We engaged in discussions on how FHE can boost AI, unbounded restaking, and other fascinating topics. Over 700 people participated!

EDCON2024:

In Tokyo, we teamed up with Puffer and SSV at the Edocon event, enjoying a relaxed evening with beer and conversations about the future of Web3!

Partnership Waves:

July saw new partners in Bouncebit, Pendle, MagnetAI, UniRouter and HashKey Chain!

Bouncebit: Mind Network and Bouncebit are joining forces to expand BTC re-staking use cases and enhance the security of Mind Network’s subnets. BounceBit pioneers CeDeFi infrastructure.

MagnetAI: MagnetAI, the first ModelFi protocol, will enhance user data security using Mind Network’s FHE solution.

Pendle: Mind Network and Pendle have partnered to support the staking of Pendle’s PT assets, providing new incentives and utility opportunities. Pendle is a permissionless yield-trading protocol.

UniRoute: Mind Network and UniRouter are partnering to combine Bitcoin liquid staking with the first Fully FHE Restaking Layer, enhancing liquidity and security across AI and PoS networks. UniRouter is a Bitcoin LSD Platform and the bridge for Bitcoin and EVM assets.

Hashkey Chain: Mind Network and Hashkey Chain have announced a partnership. Please stay tuned.HashKey Chain is an EVM-compatible Layer 2 solution.

Wondering where we’ll be next?

Catch us in Japan, Korea, Singapore, and New York!

Stay tuned for more updates, and let’s continue to innovate and secure the digital frontier together!

About Mind Network

Mind Network is the first FHE Restaking Layer for PoS and AI Networks. Their framework operates as an FHE validation network, bringing secure computation and consensus to Bitcoin restaking, Decentralized AI, Bridges, EigenLayer AVS, Bittensor Subnet, and many critical PoS networks. Mind Network’s solution enables verifiable decentralized computation over encrypted data.

Mind Network is backed by Binance Labs, Hashkey, Big Brain, Chainlink, and received an Ethereum Foundation Grant for their FHE research on Ethereum.

For more insights and updates on Mind Network’s innovations, visit their website and socials: