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1Makavelli
2 mins. ago
Despite uncertainty across the wider crypto markets, the Solana ecosystem continues to reward its loyal users with a wealth of liberal incentives and airdrops.

Which rewards programs and incentives should you have on your radar?

JUPITER ASR (ACTIVE STAKING REWARDS)
Ever since the $JUP TGE supporters and community members have been able to stake JUP tokens within Jupiter’s platform and vote on decentralized governance proposals that shape the direction and future of the protocol.

All voters and contributors, regardless of how they cast their votes, are eligible for a share of around $60M in Jupiter ASR (Active Staking Rewards). Allocations are calculated based on an individual account’s voting power and will be comprised of:

50M JUP

7.5B WEN

7.5M ZEUS

7.5M UPT

750,000 SHARK

These highly anticipated Active Staking Rewards are expected to be distributed before July 10, with an official allocation checker scheduled to go live sometime on July 5. It’s important to note that JUP claimed during the event will automatically added to your wallet’s staked amount.

SANCTUM $CLOUD AIRDROP
Following the success of its gamified LST loyalty program, Wonderland, Sanctum’s initial $CLOUD airdrop is slated to go live in mid-July. Attracting over 300,000 participants and amassing over $1B TVL (Total Value Locked) in early June based on DeFiLlama data, Sanctum’s CLOUD airdrop is one of the ecosystem’s most eagerly awaited events.

Sanctum's CLOUD airdrop introduces a novel approach to token distribution. With 10% of the total allocated to the event, the Sanctum has made the decision to split reward users based not only on their Wonderland XP, but also on their 'Earnestness'.

An official date for the CLOUD airdrop is yet to be announced, but it expected to go live sometime in mid-July.

MARINADE SEASON 3
One of the largest DeFi applications by TVL in the Solana ecosystem, Marinade’s Season 3 Rewards program is well underway.

Expected to run for three months, Marinade Season 3 promises to distribute 25M MNDE tokens, currently valued at $2 .7M, to community members who deepen total mSOL liquidity. Users are encouraged to earn bonus MNDE incentives by providing mSOL liquidity in three different ways:

Kamino mSOL/SOL LP Vault - Up to 12.5M MNDE tokens will be allocated to users who provide mSOL/SOL liquidity on Kamino Finance. LP providers will also be eligible for Kamino rewards.

Looping Meteora mSOL/SOL LP Tokens - Up to 5M MNDE tokens will be allocated to users who deposit into mSOL/SOL pools on Meteora and strategically loop their yield through Solend.

Discretionary LP/Partner Rewards - The remaining 7.5M MNDE tokens will be distributed to community members who deepen mSOL liquidity through various other partnerships. These partnerships are dynamic and currently undisclosed.

KAMINO SEASON 2
Another Solana DeFi powerhouse, Kamino’s Season 2 records program is thriving in full force and scheduled to end around the end of July.

Reward allocations are calculated linearly based on points accrued through using the protocol’s various functions, including lending and borrowing markets. By staking KMNO, the platform’s native token, users receive multipliers that boost their point generation.

Kamino’s Season 2 rewards program has been further bolstered by the integration of PayPal’s PYUSD stablecoin, which has attracted over $38M in TVL at press time.

DEBRIDGE
A clear winner of Jupiter’s Round 3 LFG Launchpad candidates, Debridge’s ongoing rewards program has attracted over 470,000 unique accounts and transferred over $3 .1B across different blockchains.

Accruing points through Debridge’s rewards program is straightforward, users simply need to transfer funds between chains using the protocol and by referring new users.

PARCL PERPETUAL POINTS SEASON 2
As of July 1st, the Parcl Perpetual Points program has entered its second season. Expected to last for the remainder of 2024, the
PengyOS
12 mins. ago
🐧🚀PengyOS is a beacon for web3 memecoins, always innovating & providing updates.✨

Huge thanks to our volunteers & community! 🎉

4 months strong with incredible progress.✅
Proof of work is clear.💎

Pengy & Degens continue their mission in Africa! 🌍✨
1Makavelli
2 days ago
GOOD NEWS!!!!!!!!

Solana's Devnet is now back online after it was successfully restarted and undergone patch integration by engineering teams.

This is following the three days of downtime due to a technical issue.
1Makavelli
3 days ago
Solayer Labs, the restaking protocol on Solana, has announced its Builders Round with participation from across the Solana ecosystem.

Some notable participants include Solana co-founder Aeyakovenko and trader & investor Ansem.
1Makavelli
5 days ago
Another one!!!🥳🥳

21shares has officially filed for solana spot ETF.
Astro peng
7 days ago
🚨 VanEck files for Spot ETF #Solana with the SEC.
Chemzy
7 days ago
Drift Protocol a perpetual DEX on Solana is set to migrate to PythNetwork's new pull oracles to enhance its protocol and user experience
Clinton
7 days ago
Worldcoin's World ID is gonna be expanding to solana.

Wormhole has secured a grant from the Worldcoin Foundation to integrate World ID into the solana ecosystem.
1Makavelli
7 days ago
After filing for a solana spot ETF, Vaneck comes out to discuss Solana's potential as a competitor to Ethereum, making reference to its scalability, speed, and low transaction costs.

They believe Solana's decentralized nature and high utility could establish it as a valuable commodity compared with other digital assets.
TreyVon
7 days ago
$ZEX airdrop by ZetaMarkets is now live.

A total of 80M $ZEX will be distributed to 80,000 users.
THE_GEN
7 days ago
For y'all who didn't know,

TradFi Giant VanEck becomes the first institutional firm to file for a Solana ETF, citing “better user experience” as a key factor to alternatives.
PLAYA
7 days ago
For y'all sport fans,

Blockasset built on Solana is bringing you closer to your fav athletes. You can make predictions on sports-centered, free-to-play games to earn tokenized points, which can be used in the Blockasset ecosystem to:

✅ Make wagers on sports events
✅ Get exclusive content from athletes
✅ Attend live events
✅ VIP venue tours
✅ Even athlete training sessions

Fans get access to unique experiences and access; athletes use digital assets to supercharge deep connections to their biggest cheerleaders. Win-win!

It’s working, and not just with current blockchain users. When launching an NFT with MMA fighter Khamzat Chimaev, 35% of all mints were from non-crypto sports fans. After the mint, Chimaev made exclusive content for the Blockasset community that eventually accumulated millions of views.

An early team from the Solana ecosystem – they’ve been around since 2021 – Blockasset has slowly been building a following into the sports world. Soon, they’ll be working with UFC fighters, introducing a whole new audience to unique web3 experiences.

It’s a better experience for everyone
Pokemon
7 days ago
Venture Capitalist GSR made a recent report suggesting that solana could be on track to join Bitcoin and Ethereum with its own spot ETF, citing its prominent role in the crypto market alongside the Big Three. #btc #eth #SOL

The impact on $SOL just might be the largest yet.
Beverly
7 days ago
Serious pump in Solana by over 11% after VanEck announced filing for solana spot ETF.
Hope
7 days ago
Tensor an NFT marketplace, has regained market share after announcing a Season 4 on Solana.
Maestro
7 days ago
$TON is gaining momentum with increasing volume!🔥

Have you shared your referral link with your friends yet?

Getting your link is simple!

Just type /referral in Maestro, copy your link, and share it far and wide!

Here's an example:
https://t.me/maestro?start...
Bankless
7 days ago
Crypto in 2024: Mid-Year Reflections

4 takeaways 👇

Crypto moves fast – like blink-and-you-missed-it fast.

The first half of this year has been no different, with new chains and applications emerging daily and the crypto industry gaining mainstream acceptance in the financial world.

Amid the Twitter echo chambers and the frenzy of bull market price action, it's easy to lose sight of the bigger picture. So, let's zoom out and focus on the signal amid the noise.

TL;DR Crypto is just getting started; don't get shaken out.

Today, we’ll take a step back to reflect on the key developments of H1 2024, exploring the significant events and trends that highlight the progress we've made this year. 👇

1️⃣ Crypto is now mainstream
Remember the days when crypto was a niche plaything for cypherpunks? Those days are well over.

In the first half of 2024, crypto broke through to the mainstream with a vengeance.

The turning point was the long-awaited approval of spot Bitcoin ETFs in January. Suddenly, Wall Street had a comfortable on-ramp to crypto, and they took it in a big way. Eleven ETFs launched in one day, and volumes broke records.

And it didn’t stop at Bitcoin. The SEC finally greenlit eight spot ETH ETFs in May, further validating the entire crypto ecosystem, and opening the door for even broader institutional adoption.

2️⃣ Crypto Adoption Accelerating
Crypto adoption is accelerating at a remarkable pace. The number of active users across blockchains is up big time, hitting an all-time high of 42.92 million active addresses in April.

Another factor is the resurgence of DeFi. DeFi activity and mindshare are on the rise again, signaling a renewed interest and activity onchain, one that's moving beyond simple speculation to perhaps some real-world utility, like in the form of stablecoins for payments and asset tokenization for RWAs such as government securities.

The momentum is clear: more people are coming onchain, and they're finding more reasons to stay.

3️⃣ Ethereum Still Dominant, But Solana Rising
Ethereum remains the dominant force in crypto. Over 60% of the total value locked in DeFi sits on Ethereum, a testament to the lindy ecosystem, which acts as a foundation for countless applications and chains.

This dominance is not just a matter of capital but also technological progress on the roadmap. Ethereum is scaling through L2s like Base who have seen robust adoption this year, and thanks to the most recent Dencun upgrade, offer users significantly lowered gas fees.

Moreover, Solana’s innovation engine is running hot. Tech advancements like zk-compression and user-friendly features like Blinks are setting the stage for broader adoption, and we can see that Solana’s network effects are taking root in real time.

Make no mistake: Ethereum isn't going anywhere. Its established network effects and vast developer community ensure its continued importance in crypto. But Solana's impressive strides can't be ignored. Both ecosystems are thriving, each in its unique way. This parallel adoption is a win for crypto users, as it accelerates innovations and drives the entire industry forward.

4️⃣ More Chop Ahead, Then Up-Only
Bitcoin broke its all-time high in March, briefly breaching the $70 ,000 mark. While that party seemed to end pretty abruptly, let's not get carried away. This bull market is far from over.

The long-awaited ETH ETFs are nearly here, interest rate cuts are likely on the way, and crypto will likely continue to earn a place on the national stage during the U.S. elections with potential positive policy shifts in play.

💭 Closing Thoughts
So, has the first half of 2024 been all smooth sailing for crypto? Not quite.

The bull market must go
PengyOS
7 days ago
GM Bullverse,🐧

Tomorrow we will announce our latest feature.💎

You want your Project on our App?📳
PengyOS offers full customization to your liking.✅

Join Pengy & the degens while enjoying the Solana Summer season.😎💫
1Makavelli
7 days ago
After filing for a solana spot ETF, Vaneck comes out to discuss Solana's potential as a competitor to Ethereum, making reference to its scalability, speed, and low transaction costs.

They believe Solana's decentralized nature and high utility could establish it as a valuable commodity compared with other digital assets.
1Makavelli
9 days ago
Raj Gokal the co-founder of Solana has been encouraging devs and users aloke to make good use of the new "Blinks and Actions" Tech.

He wrote "Devs, if you’re focused on growth, start experimenting with this tech ASAP. Users, get ready to see your feed transformed".
1Makavelli
10 days ago
JupiterExchange had introducesd Jupiter Swap V3, utilizing a new Metropolis liquidity backend to enable features like:

• Instant Routing

• Dynamic Slippage

• Smart Token Filtering and more.
1Makavelli
12 days ago
DefiLlama is showing support for Solayer Labs, a new restaking protocol on the Solana blockchain.

What Solayer Labs does is to enhance the security and efficiency of the Solana network by allowing users to restake their staked tokens, essentially staking them a second time to secure additional layers of applications.
1Makavelli
13 days ago
Coinbase institutional just announced that it will be the custodian for North America's first Solana ETP, by 3iQ_corp.

As part of the partnership, 3iQ Corp will leverage it's institutional custody infrastructure to introduce Solana staking to Canada's ETP space.
1Makavelli
13 days ago
Coinbase institutional just announced that it will be the custodian for North America's first Solana ETP, by 3iQ_corp.

As part of the partnership, 3iQ Corp will leverage it's institutional custody infrastructure to introduce Solana staking to Canada's ETP space.
Birddog
14 days ago
THE BIRD IS NOT DONE, IT WILL FLY! 🪽

We'll be listed on Dextrade where you'll be able to trade BIRDDOG/USDT 🔥

Buy #BIRDDOG with one of the fastest rising & highly currated CEXs on the market 🤘

First a rank 80 CEX, then a rank 50 CEX... Guess where this is going 👀
1Makavelli
14 days ago
Solana's 1st ever Summit APAC has officially commenced guys!!

Anyone on it???

Check out some memories made👇
1Makavelli
14 days ago
Solana's 1st ever Summit APAC has officially commenced guys!!

Anyone on it???

Check out some memories made👇
THE_GEN
15 days ago
Marinade Finance has launched Marinade V2, an upgraded platform that integrates native staking, Protected Staking Rewards, and a Stake Auction Marketplace. These new features are designed to provide users with higher yields and reduced risks on the Solana network.
Faith
15 days ago
$JUP has surged over 10% after $MEOW revealed plans to burn 30% of the total supply from team allocation.
Faith
14 days ago
A major decentralized exchange (DEX) on the Solana blockchain Raydium, reportedly has a staggering $35 billion in trading volume for last month, marking an all-time high for the platform.

The achievement comes amidst huge influx of activity on Solana, most especially from the growth of meme coins.