50895
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deBridge introduces DBR
DBR is the governance token of the deBridge ecosystem, an SPL token on Solana.
DBR distribution breakdown:
▫️Community & Launch: 20%
▫️Core Contributors: 20%
▫️Strategic Partners: 17%
▫️Ecosystem: 26%
▫️deBridge Foundation: 15%
▫️Validators: 2%
Maximum supply: 10B
https://x.com/debridgefinance/status/1792876828052627522
💧 Top Blockchains by TVL Growth in the Last 7 Days
👉 https://dropstab.com/categories/blockchain
Nyan Heroes (NYAN) trading has started on ByBit and Gate.
NYAN is now trading at $0.28.
FDV: $280M
https://www.bybit.com/en/trade/spot/NYAN/USDT
https://www.gate.io/trade/NYAN_USDT
With ETH on the rise, TVL EigenLayer hit an all-time high of $18bn.
https://defillama.com/protocol/eigenlayer#information
Coinbase Derivatives Expands Futures Offering to Include Oil and Gold
On June 3rd, Coinbase Derivatives will launch retail-sized futures contracts for oil and gold.
New products to complement the existing complex of CFTC-regulated crypto futures on BTC, ETH, BCH, LTC, and DOGE.
https://www.coinbase.com/blog/coinbase-derivatives-expands-futures-offering-to-include-oil-and-gold
The U.S. Securities and Exchange Commission (SEC) asked aspiring ether exchange-traded fund exchanges to update 19b-4 filings ahead of a key deadline this week.
The SEC had previously been expected to reject the ether ETF filings.
The SEC is expected to make a decision on VanEck spot ether ETF on May 23rd.
https://www.coindesk.com/policy/2024/05/20/ether-etfs-filing-process-sees-abrupt-progress-though-approval-not-guaranteed-sources/
The Rewards Eligibility checker is now live on the IOG Foundation website
Checker: https://t.co/oJn2wbW8cf
https://x.com/ionet/status/1792646233594405142
Ethereum whales bought over 110,000 ETH in the past 24 hours, worth around $341 million.
https://x.com/ali_charts/status/1792570190783255039
💧 Top 10 Gainers in the Last Week
👉 https://dropstab.com/tab/top-gainers
BounceBit has introduced its roadmap for 2024
CeDeFi expansion:
1. Fixed Earn:
Offers fixed income products for Bitcoin and dollar assets, catering to investors seeking predictable and consistent yields.
2. Lending:
Facilitates over-collateralized lending and borrowing, allowing users to leverage their Bitcoin assets for additional yield.
3.Structured Products:
Offers complex financial instruments tailored to meet specific investor needs, combining various yield-generating strategies.
Chain Infrastructure:
1. Optimize EVM execution layer to improve node performance
2. Develop shared security client (SSC) module to allow other projects to utilize the liquidity of BounceBit BTC restaking chain
3. Build new Mempool module to achieve higher transaction throughput
4. Refactor the communication layer between EVM and Cosmos SDK
bouncebit/bouncebit-roadmap-romance-of-the-three-kingdoms-b22724583c4a" rel="nofollow">https://medium.com/@bouncebit/bouncebit-roadmap-romance-of-the-three-kingdoms-b22724583c4a
Aevo has introduced Aevo Airdrops
Aevo Airdrops is a new program where we work with some of the pre-launch projects listed on Aevo and airdrop their tokens to our most active pre-launch traders and AEVO stakers.
These are 4 tiers for Aevo Stakers, and the the benefits of each tiers:
Bronze: 1 to 1000 AEVO staked
- Access to Aevo Staking rewards
Silver: 1001 to 10,000 AEVO staked
- Access to Aevo Airdrops (at 1x, no boost)
- Bronze perks
Gold: 10001 to 100K AEVO staked
- Linear base boost multiplier for Aevo Airdrops (max 5x); The more AEVO you stake, the higher the base boost multiplier. The base boost will apply in every pre launch trade you make.
- Linear lucky boost multiplier for Trading Rewards from the Trading & Staking Incentive (max 2x); The more AEVO you stake, the higher the probability to get a lucky boost.
- Silver perks
Diamond: >101K AEVO staked
- 5x base boost on Aevo Airdrops
- Access to personal account manager
- Diamond VIP TG Alpha group chat
- Early access to new products & features (& benefits from them)
- Chad sigma reflink: 60%+ rebates in trading fees from referrals
- Gold perks
The first two projects featured in Aevo Airdrops are Swell and Zerolend. There are 3 more in the pipeline and they are coming up in the next few weeks.
Aevo will start airdropping ZERO tokens to eligible wallets next week.
https://x.com/aevoxyz/status/1792058726914077016
Memeland has introduced MON Protocol (MON) on Stakeland
MON Protocol is building the Nintendo of Web3, publishing and developing blockchain-native IPs and games.
The farming will start on Monday, 20 May 2024.
Twitter: https://x.com/Memeland/status/1791847358675943509
Farming: https://www.stakeland.com/farming
Website: https://www.monprotocol.ai/
Looking at all the new listing of the past 6 months on the largest CEX, Binance, more than 80% of tokens are down from their listing date.
The only exceptions are:
- MEME: A meme coin
- ORDI : No tier 1 VC
- JUP + JTO: Big Solana momentum
- WIF: Another meme coin
https://twitter.com/tradetheflow_/status/1791382917731762611
Notcoin will launch first campaigns, products and offers on early next week.
https://x.com/thenotcoin/status/1791629365786169516
Fantom (FTM) plans to rebrand to Sonic Network (S).
Sonic Network will be a new layer-1 chain with a native layer-2 bridge connected to Ethereum and beyond.
Holders of FTM will have the ability to migrate their tokens for a 1:1 ratio at genesis for the S token.
Fantom Foundation has earmarked hundreds of millions of FTM from its treasury to assist with ecosystem development for the Sonic network for marketing, business development, migration grants, and other adoption initiatives.
https://forum.fantom.network/t/the-new-frontier-building-the-sonic-boom/875
Fidelity has removed the possibility of staking rewards from its S-1 registration statement for its prospective Ethereum ETF.
Prior to this, ARK Invest and 21Shares also removed staking rewards from prospective Ethereum ETF.
https://www.theblock.co/post/295605/fidelity-ethereum-etf-staking-amendment
https://www.sec.gov/Archives/edgar/data/2000046/000119312524143277/d759655ds1a.htm
Vitalik Buterin: “We need an open decentralized (operator-free, governance-free) protocol for quickly moving assets from one L2 to another, and for that to be integrated into wallets' default sending interface.”
He also says that ENS is their most successful app.
https://x.com/VitalikButerin/status/1792793075007500350
Arthur Hayes has introduced a new article "The Easy Button"
https://cryptohayes.substack.com/p/the-easy-button
Linea has launched a dashboard to check points and early user status of the Linea Surge campaign
Checker: https://www.openblocklabs.com/app/linea/dashboard
Nyan Heroes introduces its angel investors
https://x.com/nyanheroes/status/1792646420287127895
GALA hacked for $200 million, the team freezes hacker's wallet
A compromised or rogue Gala Games admin address minted 5 Billion GALA ($200M) and has been systematically selling the tokens.
https://x.com/0xQuit/status/1792672497957302686
Bloomberg analyst Eric Balchunas: “James Seyffart and I are increasing our odds of spot Ether ETF approval to 75% (up from 25%), hearing chatter this afternoon that SEC could be doing a 180 on this (increasingly political issue), so now everyone scrambling (like us everyone else assumed they'd be denied). See Nate's tweet below for probably order of events (but again we capping at 75% until we see more, eg filing updates).”
https://x.com/ericbalchunas/status/1792636523050906102
Grayscale CEO Michael Sonnenshein is stepping down as CEO.
Former Goldman Sachs exec Peter Mintzberg will join as Grayscale’s CEO on Aug. 15, 2024.
https://www.theblock.co/post/295380/grayscale-ceo-michael-sonnenshein-departs-role-former-goldman-sachs-exec-to-step-in
Binance Web3 Wallet has introduced two new ways to earn under, 'Yield Plus' and ‘Simple Yield’.
The Yield Plus Zone is a feature that showcases projects with potential airdrops or additional yield opportunities.
Initial projects included: Eigenpie, Kamino Finance, Lista Dao, Marinade, Ondo Finance, Renzo, StakeStone, and SolBlaze.
In the Simple Yield Zone, users can earn an APR with stablecoins and other tokens by easily providing liquidity to lending protocols.
https://www.binance.com/en/support/announcement/binance-web3-wallet-earn-revamp-introducing-yield-plus-and-simple-yield-240f338a56b04eee8da9cea697be760a
Crypto Market Daily Review ☀️
The market is neutral. Market cap is $2.46T. Bitcoin is trading at $67K
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LayerZero suspended Sybil bounty hunting for a couple of days due to a large amount of spamming.
One possible solution proposed by Pellegrino is to add a 0.02 ETH (~$60) bond to report.
https://x.com/PrimordialAA/status/1792227769776001294
Eigen Foundation's new advisor Justin Drake announces that 3 EFers have a formal relationship with Eigen Layer entities: one as an early Eigen Labs investor, and two as recent Eigen Foundation advisors.
The advisorship comes with a significant EIGEN token incentive. Drake will receive millions of dollars of EIGEN tokens vesting over 3 years.
https://twitter.com/drakefjustin/status/1792143477163106787
The 2nd batch Oyster Labs smartphone preorder has started.
Accepted: TON
Price: $159.99 (shipping fee included)
https://universalphone.xyz/
LayerZero announced that 803,093 addresses were identified as potential sybils.
Start: Today, May 18th, 2:00 UTC
Deadline: May 31st, 23:59 UTC
Reward: 10% of a sybil’s intended token allocation.
https://x.com/layerzero_labs/status/1791622471965163597
May 17 Update:
9 ETFs added 3,743 BTC (+$251.56M).
Grayscale added 397 BTC (+$26.7M) and currently holds 288,895 BTC ($19.42B).
Blackrock added 1,435 BTC (+$96.44M) and currently holds 276,190 BTC ($18.56B).
https://x.com/lookonchain/status/1791509008739921948