2 hours 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
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
14 hours ago
Grass Network the data layer of AI on solana has open-sourced 600 million top Reddit posts and comments from 2024. This release aims to make AI training more accessible for developers.
1 day ago
Solflare wallet has introduced a "Swap & Win" contest which offeris daily prizes and a grand reward for completing daily swaps in the wallet from July 3 to July 17 2024.
Grand Prize: 15K USDC
Grand Prize: 15K USDC
1 day ago
🌍 List of countries offering the best tax advantages for cryptocurrency holders in 2024:
● El Salvador
● Puerto Rico
● Switzerland
● Georgia
● Malta
● British Virgin Islands
● Cayman Islands
● United Arab Emirates
● Hong Kong
● Malaysia
● Singapore
● Slovenia
● El Salvador
● Puerto Rico
● Switzerland
● Georgia
● Malta
● British Virgin Islands
● Cayman Islands
● United Arab Emirates
● Hong Kong
● Malaysia
● Singapore
● Slovenia
1 day ago
🚨 More than 50% of US hedge funds are exposed to #Bitcoin
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
13 of the top 25 US hedge funds own Bitcoin ETFs as of the end of Q1 2024.
Among them was Millennium Management, which held 27,263 BTC, worth $1 .69 billion, or about 2.5% of its total assets under management worth $67 .7 billion.
On the other hand, some of the major hedge funds, such as Bridgewater Associates, AQR Capital Management and Balyasny Asset Management, have not yet invested in Bitcoin ETFs.
2 days ago
👁 Worldcoin hires former Google, X and Apple executives to strengthen privacy and security.
Tools for Humanity has hired 4 executives to advance its mission to ensure a fairer economic system.
https://www.coindesk.com/b...
Tools for Humanity has hired 4 executives to advance its mission to ensure a fairer economic system.
https://www.coindesk.com/b...
2 days ago
❌️ Crypto hacks fell 54.2% in June, representing losses of $176 million over the month.
Losses increased by 115% in Q2 2024 compared to the same period in 2023.
Losses increased by 115% in Q2 2024 compared to the same period in 2023.
2 days ago
🚨 Here is the TOP 20 tokens from Grayscale Research for the coming quarter:
Grayscale Research has selected 20 tokens with “high potential for the coming quarter,” selected with consideration of “upcoming catalysts, trending market themes, and token-specific fundamentals.” »
https://www.grayscale.com/...
Grayscale Research has selected 20 tokens with “high potential for the coming quarter,” selected with consideration of “upcoming catalysts, trending market themes, and token-specific fundamentals.” »
https://www.grayscale.com/...
3 days ago
🇪🇺 ⛏️ Northern Data, Europe's largest crypto mining company, is considering a US IPO of its combined artificial intelligence, cloud computing and data center businesses, worth up to reach 16 billion dollars
https://www.bloomberg.com/...
https://www.bloomberg.com/...
3 days ago
🇪🇺 Circle is the world's first stablecoin issuer to obtain an Electronic Money Institution (EMI) license, imposed by MiCA.
https://www.coindesk.com/b.../
https://www.coindesk.com/b.../
3 days ago
What’s good in the hood my fellow negros? I’m down wit yall. Ya dig? - Kamala Harris 2024
4 days ago
🚨 The number of crypto ATMs installed worldwide increased by 17.8% over the last 12 months to reach 38,279.
It is closing in on its record of 39,541 from December 2022.
The number of crypto ATMs installed in 2024 is 2,564 ATMs.
It is close to the number of ATMs retired in 2023 which is 2,861 ATMs.
More than 82% of the world's crypto ATMs are in the United States 🇺🇸
7.7% is in Canada 🇨🇦
1,584 crypto ATMs in Europe 🇪🇺
Bitcoin Depot, Coinflip and Athena Bitcoin are the leading crypto ATM operators, with 7,543, 5,057 and 2,756 ATMs respectively.
https://cointelegraph.com/...
It is closing in on its record of 39,541 from December 2022.
The number of crypto ATMs installed in 2024 is 2,564 ATMs.
It is close to the number of ATMs retired in 2023 which is 2,861 ATMs.
More than 82% of the world's crypto ATMs are in the United States 🇺🇸
7.7% is in Canada 🇨🇦
1,584 crypto ATMs in Europe 🇪🇺
Bitcoin Depot, Coinflip and Athena Bitcoin are the leading crypto ATM operators, with 7,543, 5,057 and 2,756 ATMs respectively.
https://cointelegraph.com/...
5 days ago
(E)
🔓 More than $755 million worth of tokens will be released in July.
The vesting periods for nearly 40 projects will come to an end, including AltLayer, Xai, Aptos, Arbitrum, Optimism, Sui, Immutable X and Starknet.
The vesting system prevents early investors and team members of a project from selling their tokens by locking them for a given period.
https://cointelegraph.com/...
The vesting periods for nearly 40 projects will come to an end, including AltLayer, Xai, Aptos, Arbitrum, Optimism, Sui, Immutable X and Starknet.
The vesting system prevents early investors and team members of a project from selling their tokens by locking them for a given period.
https://cointelegraph.com/...
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
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
11 days ago
🚨 Mt. Gox will distribute Bitcoin and Bitcoin Cash refunds starting July 2024.
“The Rehabilitation Trustee will begin Bitcoin and Bitcoin Cash reimbursements to cryptocurrency exchanges in due course.”
“Refunds will be made from the beginning of July 2024.”
“We have taken the time to ensure safe and reliable repayment to creditors, including technical solutions for secure repayments, compliance with each country's financial regulations and discussions on repayment terms with cryptocurrency exchanges.”
“The Rehabilitation Trustee will begin Bitcoin and Bitcoin Cash reimbursements to cryptocurrency exchanges in due course.”
“Refunds will be made from the beginning of July 2024.”
“We have taken the time to ensure safe and reliable repayment to creditors, including technical solutions for secure repayments, compliance with each country's financial regulations and discussions on repayment terms with cryptocurrency exchanges.”
11 days ago
- Jupiter, Orca and Drift are some of the top decentralized exchanges (DEXs) on Solana 2024.
- Solend, Marginfi and Kamino are some of the lending protocols on Solana 2024.
- Marinade Finance and Jito are some of the staking platforms on Solana 2024
- $BONK , $DADDY , $MOTHER and other celebrity memecoins have been ontop on Solana 2024.
- Solend, Marginfi and Kamino are some of the lending protocols on Solana 2024.
- Marinade Finance and Jito are some of the staking platforms on Solana 2024
- $BONK , $DADDY , $MOTHER and other celebrity memecoins have been ontop on Solana 2024.
18 days ago
The only Trump Token on Solana that matter ELECTION 2024!
CA:
6TMP7VkUK4oV8Kgs7QGoCeozaMuXtLJfbArzezgmto31
Website: https://tpumpofficial.com
Telegram: https://t.me/makeTPUMPgrea...
Twitter: https://x.com/trumppumpoff
Chart: https://dexscreener.com/so...
CA:
6TMP7VkUK4oV8Kgs7QGoCeozaMuXtLJfbArzezgmto31
Website: https://tpumpofficial.com
Telegram: https://t.me/makeTPUMPgrea...
Twitter: https://x.com/trumppumpoff
Chart: https://dexscreener.com/so...
21 days ago
Partnership Announcement🤝
BullVerse is frontrunning the olympics meme coin meta.
We’re thrilled to announce a partnership with Olympic 2024 ! Their account proudly wears our gold checkmark reserved for partners.
$OLYMP24 x $BULL
Follow OLYMPICS on BullVerse: https://bullverse.io/Olymp...
BullVerse is frontrunning the olympics meme coin meta.
We’re thrilled to announce a partnership with Olympic 2024 ! Their account proudly wears our gold checkmark reserved for partners.
$OLYMP24 x $BULL
Follow OLYMPICS on BullVerse: https://bullverse.io/Olymp...
23 days ago
(E)
Good evening fellow degens, short summary of the GME earnings report below:
GameStop reported a significant Q1 2024 earnings miss, with revenue at $882 million, well below the expected $995 million. The company also posted a net loss of $32 .3 million, though this was an improvement from last year's $50 .5 million loss. Additionally, GameStop announced plans to sell up to 75 million shares, which contributed to a nearly 20% drop in its stock price. Despite the disappointing financial results, the stock saw a brief surge due to the return of prominent retail investor Keith Gill, known as "Roarin
GameStop reported a significant Q1 2024 earnings miss, with revenue at $882 million, well below the expected $995 million. The company also posted a net loss of $32 .3 million, though this was an improvement from last year's $50 .5 million loss. Additionally, GameStop announced plans to sell up to 75 million shares, which contributed to a nearly 20% drop in its stock price. Despite the disappointing financial results, the stock saw a brief surge due to the return of prominent retail investor Keith Gill, known as "Roarin
24 days ago
Amid the concerns about outages and congestion, Solana scored the title ‘Best Blockchain of 2024'.
CoinGecko, who is behind this interesting title, praised Solana for its high traffic making it the most used/ popular blockchain.
CoinGecko, who is behind this interesting title, praised Solana for its high traffic making it the most used/ popular blockchain.
26 days ago
Magic Eden, initially a Solana-focused NFT marketplace, has now expanded to support Ethereum and other networks like Bitcoin and Polygon. It has surpassed OpenSea in transaction volume as of April 2024.
This shows its rapid growth and adaptability.
This shows its rapid growth and adaptability.
26 days ago
Solana Foundation has reported over 2,500 monthly active developers, showcasing a strong community growth. Also, New Solana-to-Bitcoin cross-chain bridge, Zeus Network, set to launch in Q3 2024, bridging DeFi, GameFi, and more between various ecosystems
26 days ago
SOLANA 2024 UPDATES
Over the last few months the Solana ecosystem has undergone some upgrades and updates. Here's the rundown of these lastest innovations
TOKEN EXTENSIONS:
- Confidential Transfers: One major use of this extensions are to enable confidential token transfers.
- Transfer Hooks: There are also custom programs to control token transfers.
- Metadata Pointer: This would help designate sources for token metadata.
NEW VALIDATOR CLIENTS:
- Firedancer: Built by Jump, optimizes networking and processing.
- Jito-Solana: Updated Solana Labs client by Jito Labs.
- Sig: Solana
Over the last few months the Solana ecosystem has undergone some upgrades and updates. Here's the rundown of these lastest innovations
TOKEN EXTENSIONS:
- Confidential Transfers: One major use of this extensions are to enable confidential token transfers.
- Transfer Hooks: There are also custom programs to control token transfers.
- Metadata Pointer: This would help designate sources for token metadata.
NEW VALIDATOR CLIENTS:
- Firedancer: Built by Jump, optimizes networking and processing.
- Jito-Solana: Updated Solana Labs client by Jito Labs.
- Sig: Solana
1 month ago
Although our boy trump was found guilty I think that may have been the icing on the cake for him to win the 2024 election. This shit will be history
2 months ago
