New Use Cases, Partner Updates, and Ecosystem News: Casper X Space Recap | May 27, 2025

Welcome to the recap of the latest Casper Community X Space! This month’s session brought essential updates, insightful conversations, and a strong showing of Casper’s momentum across real-world applications. 

If you missed it live, you can listen to the full recording here.

This month’s session featured:

Matt Schaffnit, Casper Association CEO

Matt opened the session by welcoming everyone and highlighting the excellent start to the second quarter. He pointed to the successful launch of Casper 2.0 and the recent partnership with Americorp Investments as major milestones since the last X Space.

Casper 2.0 release is a special highlight for me. I’m especially proud that the team was able to pull it off live on YouTube, streamlining without a hitch. That was great,” he said. 

Matt noted that Casper 2.0 is more than a technical achievement. “It’s not only a huge accomplishment, but it opens up many doors for the network,” he said. 

Looking ahead, he encouraged the audience to stay tuned for additional ecosystem updates. “I know you’ll like to hear what’s coming out in the ecosystem development. We have some of those lined up in today’s speaker lineup as well,” he said, before handing the floor over to the next speaker, Michael Steuer.

Michael Steuer, President & CTO of Casper Association

Michael’s update focused on the ongoing impact of the Casper 2.0 upgrade across the network and what’s next for developers, validators, and ecosystem partners.

Michael began by celebrating the successful deployment of Casper 2.0 to mainnet on May 6, 2025. The launch was livestreamed with thousands watching, which Michael described as a high-stakes decision for a network-level upgrade. “The fact that everything went exactly according to plan is a testament to the hard work of the core engineering team that they’ve put in to prepare for what essentially has become the largest and most comprehensive upgrade of a live blockchain network in our industry,” Michael said.

He highlighted the immense scope of the upgrade:

  • Over 3,500 GitHub commits

  • A full replacement of the consensus protocol (Zug)

  • A modular execution engine

  • Multi-VM architecture to allow virtual machines to run side by side

  • Updates to the gas model, contract staking, factory methods

  • And major improvements to validator and node operations

Now that 2.0 is live, Michael explained that the team can study how it behaves in a global production environment with diverse node configurations. Early metrics from mainnet exceeded expectations. “The block finalization times under Zug are now 60–100 milliseconds, down from 11–15 seconds on Highway. That’s nearly a 150x improvement in finality,” Michael explained. 

He also noted that the Casper team can now start working with the validator community on gradually increasing block speed.

The engineering team is finalizing a Casper 2.0.1 patch to clean up minor issues. Meanwhile, work on Casper 2.1 is well underway. This next version will:

  • Introduce a new virtual machine optimized for developer ergonomics

  • Support payable entry points and self-describing contracts

  • Align with the new quarterly release cycle the team has committed to

Ecosystem Progress and Exchange Support

Michael emphasized the importance of exchange coordination during the rollout. Most major exchanges were ready ahead of the May 6 launch, but a few of them required additional testing. As of the X Space, MEXC was still completing internal verification (but has since re-opened deposits and withdrawals), BitGo was optimizing staking logic, and Ledger was reviewing its updated Casper app for Ledger Live.

Michael also reminded that he had been actively sharing Casper 2.0 updates with wider crypto communities through a series of AMAs and X Spaces hosted by major exchanges, including OKX, KuCoin, Gate.io, and Bybit. He noted that the broader crypto space is taking notice: “Matt and I were just at Consensus in Toronto, and nearly every person we talked to had heard of Casper 2.0,” he noted. “We’re seeing more builders, businesses, and platforms eager to engage with Casper and support CSPR.”

Read full AMAs: 

Check out upcoming AMAs and events.

Updates from the Casper Ecosystem

Michael previewed several ecosystem integrations:

  • Router Protocol: Final audit with Halborn is wrapping up. Once complete, Router will enable bridging between Casper and over 50 blockchains.

  • Odra: The team behind both the Odra smart contract framework and Korale, an AI tool for smart contract generation, is working across multiple ecosystem projects, including liquid staking and CSPR.name.

  • CSPR.name: Personalized Casper address domains like michael.cspr are nearly ready. Contracts are in the final stages of audit with Halborn, and UI is being developed by the MAKE team.

  • Liquid Staking: With contract staking now live, Casper’s first liquid staking protocol is ready to launch soon. It has passed its Halborn audit and is now preparing for go-to-market with a DeFi partner.

  • WiseLending: Development is progressing on Real-World Asset (RWA) Vaults, which allow users to earn yields up to 20% APY backed by infrastructure like cell towers. The contracts are being built by Odra, and the SDK is under development by MAKE.

  • Americorp: The firm is building Casper-based infrastructure for the U.S. parking industry, with integration underway and rollout expected later this year.

Jordan Simons, CEO of Americorp Investments

Jordan Simons joined the X Space to elaborate on the recently announced partnership between Casper Network and Americorp Investments, which aims to bring the U.S. parking industry on-chain using Casper 2.0’s real-world-ready infrastructure. Michael introduced Jordan as a longtime supporter of Casper and a veteran innovator across gaming, privacy, and commercial inventory systems.

Jordan began by discussing his experience in the parking and real estate industries and the frustrations that come from working in highly localized environments with fragmented regulations and many involved parties. 

The parking industry is very complicated. Every municipality around the country has its own rules and regulations, different agencies involved in regulation and fee collection,” he noted. 

This complexity is compounded by a general lack of trust between parties: aggregators, operators, tech providers, and local governments often operate without a shared source of truth.

A lot of these parties currently operate in an environment of trust, or what’s called trust, but it’s really an environment of a lot of distrust,” Jordan explained. 

He highlighted that parking aggregators have no reliable way to verify whether a reservation was honored, which creates friction and short-lived relationships. Local authorities, too, are burdened with quarterly audits to verify tax revenue, often working with inconsistent or incomplete records. Americorp’s proprietary IP addresses such inefficiencies by enabling all stakeholders in the value chain to access reliable and irrefutable data.

When asked about the broader scope of Americorp’s IP portfolio, Jordan explained that their patents are designed to tackle long-standing inefficiencies in sectors like gaming, hospitality, and commercial inventory. All of these are heavy on local regulation and dependent on cross-party data. 

As for rollout plans, Jordan shared that a blockchain-based MVP solution for the parking industry is currently under development, with trials planned for one or two U.S. markets in Q3. “From there, we’ll roll out both vertically and horizontally,” he said. “Our goal is to prove to local governments that real-time, transparent data can eliminate the need for costly audits and streamline revenue assurance. Once proven, they plan to advocate for regulatory mandates requiring the adoption of their system,” he explained. 

On why Americorp chose Casper, Jordan said: “I’ve been a supporter of Casper since the early days. When I first heard about Casper, I recognized an approach that’s very much in line with how I believe blockchains should be built and function.” He cited Casper’s alignment with Americorp’s priorities around privacy and access control. He also emphasized that Casper 2.0 was the technical milestone they’d been waiting for to scale their vision.

Until recently, ‘blockchain’ was either a dirty or an unknown word in the real world. But I believe we’ve turned that corner. We’re entering a new wave of adoption in industries that were once adverse or indifferent. We intend to lead that wave, starting with hospitality and gaming, and are excited to be doing it with Casper Network.” Jordan concluded.

Maciej Zielinski from OdraDev

Next, Maciej from OdraDev joined the X Space to deliver a major update on the Odra framework and its seamless transition to Casper 2.0. He opened by noting the alignment of Odra’s development with the broader Casper 2.0 rollout: “Over the whole Casper 2.0 development time, which was two years, we have been working on keeping Odra up to date with Casper code, and that allowed us to catch a few bugs, and we were able to keep up with the new features from Casper 2.0.

The result of that work was released the same day: “Today, we released Odra 2.0. That means contracts compiled using Odra 2.0 can work on Casper 2.0.” Despite the breaking changes between Casper 1.5 and Casper 2.0, Majiec emphasized that Odra’s API has remained stable: He explained that upgrading smart contracts from the previous Odra version to 2.0 is now as simple as updating the library: “Everything should work out of the box. That was the whole purpose of Odra: to have the higher-level abstraction that just handles the complexity.

In addition to announcing Odra 2.0, Maciej previewed one of the most exciting features introduced with Casper 2.0: native liquid staking. He confirmed that Odra will soon release the first version of smart contracts that utilize this functionality: 

Maciej anticipates a dynamic ecosystem forming around this feautre: “I expect a few liquid staking contracts to compete with each other. I hope that’s going to be a really nice market.” he remarked.

AJ from Router Protocol

AJ from Router Protocol joined the X Space to provide a comprehensive update on the integration of Casper into their interoperability stack. 

He began by confirming that the first audit report had been received and that nearly all recommended fixes had already been implemented. The full integration, along with audit completion, is expected within two to three weeks, at which point Casper will go live on Router’s network.

Router Protocol is designed to connect over 50 blockchains, including Bitcoin, Solana, Sui, Near, and Tron. With Casper joining this mesh, users from any of these supported networks will be able to move assets in and out of Casper seamlessly, positioning Casper for broader cross-chain activity and liquidity flows.

Router’s standout features include an intent-based DeFi infrastructure, which simplifies complex multi-step blockchain operations into a single user action. Rather than bridging assets manually and interacting with multiple apps, users can execute tasks like staking CSPR in one click, even when entering from a completely different blockchain. 

AJ also introduced a new interface designed to eliminate the friction often associated with bridging. Rather than thinking in terms of moving assets across chains, users will simply select what they want to buy, similar to using a centralized exchange. The system handles all the backend complexity: swaps, bridges, and routing. Once live, this new interface will allow users to acquire assets like CSPR directly from any chain and with any asset, turning the concept of “bridging” into an invisible process.

That wraps up this edition of the Casper Community X Space. The next Casper X Space is scheduled for June. Stay tuned and join the conversation as more and more real-world use cases start building on Casper.