Ethereum: The TVL of the Symbiotic restaking protocol exceeds $1 billion

The Symbiotic protocol differs from its direct competitor, EigenLayer, by an important feature: it also allows you to support some ERC-20 tokens in a personalized and modular way, while EigenLayer remains more exclusively focused on Ethereum.

Symbiotic recently announced that it has reached its deposit limit set at 210,600 wstETH, which allows it to display a TVL (Total Value Locked) now greater than $1 billion, according to data from the DefiLlama website.

The deposit limit for Symbiotic will be increased over time, and other assets will be added as the protocol develops.

However, despite this success, Symbiotic does not yet compete with the undisputed leader, EigenLayer, which recently boosted its position with the launch of its eigen token airdrop. It remains to be seen if Symbiotic will follow a similar path in the future.

Parcl protocol has officially launched its second community allocation of $PRCL tokens, commencing the distribution process for the Perpetual Points Program (PPP) Season 1 rewards.

This latest airdrop will allocate more than 6% of the total PRCL supply, complementing the initial 8% distributed previously. The claim page for PPP Season 1 will go live on July 15th, 2024.

The total allocation of 60,000,000 $PRCL will be divided into two segments: 40,000,000 $PRCL will be distributed linearly to users with over 50,000 points, and 20,000,000 $PRCL will be reserved for Parcl traders.

The $PRCL token currently trades at.18 with a fully diluted valuation (FDV) of $181 million.

According to details shared by Parcl protocol, The distribution introduces a new vesting mechanism to promote token price stability. Participants can accelerate their vesting schedules by staking more $PRCL . Three vesting schedules are available, ranging from 90 days for those taking over 50% of their allocation to 180 days for those taking less than 50%.

TRUMP OR BIDEN - WHO’S BETTER FOR CRYPTO?
As November’s critical election draws closer one presidential candidate has made his pro-crypto stance abundantly clear, but have any promises or policies been made?

For the first time in the nation’s history, crypto policy will take center stage and play a crucial role in the U.S. Presidential race. With over 52M cryptocurrency owners in the country, according to a Coinbase report, winning the crypto vote could well mean the difference between sitting in the Oval Office and hanging up your Campaign tie for another four years.

Where do Trump and Biden stand on crypto? Will Biden attempt to make amends for Gary Gensler’s crypto crusade? Will Trump, the self-proclaimed ‘crypto president’ deliver on his claims?

BIDEN’S STANCE OVER THE YEARS
The Biden Administration has hardly been crypto-friendly in the last four years. Under Biden’s watch, Securities and Exchanges Commission Chair Gary Gensler has led a merciless campaign against the digital asset industry, serving lawsuits to crypto companies left, right, and center.

Gary Gensler hasn’t been alone in his fight against cryptocurrency. Senator Elizabeth Warren has strongly advocated against cryptocurrencies in the past, frequently using individual examples to paint the entire industry in a bad light.

With November only four months away, the Biden administration’s stance on crypto hasn't changed. A recent Statement of Administration Policy declared that the Administration was against passing H.R. 4763, a proposed regulatory framework for digital assets.

The decision was made due to the belief that “H.R. 4763 in its current form lacks sufficient protections for consumers and investors who engage in certain digital asset transactions.”

Despite refusing the framework, the Biden Administration maintains that it “is eager to work with Congress to ensure a comprehensive and balanced regulatory framework for digital assets, building on existing authorities, which will promote the responsible development of digital assets and payment innovation and help reinforce United States leadership in the global financial system.”

DONALD TRUMP - THE ‘CRYPTO PRESIDENT’
Despite calling Bitcoin a ‘scam against the dollar’ back in 2021, Trump seems to have changed his tune on cryptocurrency. In a recent tech fundraiser event in San Francisco, Trump has rebranded himself as the ‘crypto president' evidently trying to win the vote of the nation’s population on digital asset holders.

Trump’s dramatic change of heart toward the cryptocurrency world has even made its way onchain. Arkham Intelligence, a popular blockchain analysis and tracking tool claims to have identified Trump’s crypto wallet, which holds over $7 .9M of digital assets. The former President has also shown a penchant for NFTs having launched several Trump Digital Trading Card collections.

More recently, Trump has promised to “end Biden’s War on Crypto”. The Republic candidate has further declared that he is “very positive and open minded to cryptocurrency companies”. Aligning himself with the Bitcoin faithful, Trump views Bitcoin as “our last line of defense against a CBDC”.

These views align with Republican Senator Bill Hagerty, who expressed that a CBDC is “the last thing I think we need as a nation” and “would be very detrimental to our economy, to the dollar and certainly to innovation in this space” during a recent interview with Solana Head of Strategy Austin Federa.

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

One week after Zeta Markets’ gamified airdrop went live the dust has finally settled. While ZEX price action might have disappointed investors and ZEX bulls, data on claimant behavior suggests that recipients are aligned with Zeta’s long-term goals.

Over 54% of Claimed ZEX Staked in Anticipation of Further Rewards

If btc doesn’t bounce here all there is is air below… could go messy

Hamster kombat reminds me of the game cookie clicker and clicker heroes.

Nice way to get back to childhood with a possibility to get an airdrop 😎

https://t.me/hamster_komba...

https://t.me/hamster_koMba...

https://t.me/goose_agent_b...

Here are some telegram farming games with airdrop coming up

You can use my ref or go to their twitter and can use them without my ref link Upto you

Marginfi, a (DeFi) platform on Solana, has announced the upcoming launch of MarginSwap, a new feature enabling permissionless margin trading on any token pair.

This development comes as Solana's meme coin ecosystem continues to flourish, with over 120,000 new tokens created on the blockchain in the last week alone.

👁 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...

Both the surgeon who repaired my shoulder and my dentist complained I have “very dense bone” which is hard to drill into.

I’ve also never broken a bone.

Maybe I’m superhuman?

#HAMSTERKOMBAT I'm dead 😂
The Guiness Book is a mess

Very high AirDrop potential when tapping a hamster

If you'd like to join me in this adventure : https://t.me/hamSter_komba...

✨GM Bullverse,🐧

Pengy & the degens take off with SOL Air.🚀

Ready to fly high, and in class.😎

Fly Good, Fly sol.💫

Next episode will be a Special one specially for Bullverse, stay tuned.👀💥

gm 🦊 fam,

The Team has been hard at work behind the scenes on the Webapp and performing analytics from the first months metrics. 📈

Since the Raid Suite has gone live we have:

- 2000 unique wallets generated across 40 Telegram groups.

- Bought back >1M $KIT and airdropped >5M to the Kitsune Community.

- Received airdrop fees from 15 separate projects.

- Added three Strategic Partners in Gamba, ape.lol and @bullverse
.

Today VanEck filed the first spot ETF for Solana, this is only our first month, and Summer is only just starting....

Are you ready 🦊?

$ZEX airdrop by ZetaMarkets is now live.

A total of 80M $ZEX will be distributed to 80,000 users.

The co-founder of JupiterExchange is running a PPP( player pump player) meme coin experiment which might include an airdrop.

$ZEX is gonna be launched by tomorrow.

Eligible users will be able to claim their airdrop at 09:45 UTC.

Daily Memecoin Recap - June 25

Volume rotates back into memes as $sol pumps

First PumpFun coin to $1b +
$dorae -> hit $2b
$dorami -> hit $1m , "Doraemon's little sister"
- Many are very confused where this came from
- Extremely bundled (98% of supply bought by the dev)
- Less than 1000 holders
- Weird market cap vs liquidity ratio

Influencer Coins
$jason -> $5 .4m to $17 .9m (3.31x),
jasonderulo makes content promoting his new token
$lilpump -> $1 .1m to $3 .14m (2.85x)
$metal -> hit $2 .8m, Metallica got hacked, the hacker was posting a bunch of tweets promoting $metal . These have now been deleted
$mini -> hit $1 .7m, NSFW airikaca launch
$amber -> hit $530k ,
DaRealAmberRose hints at a launch (she has not officially launched yet), Sahil (notorious scammer) launches his own
$purpp -> hit $500k , smokepurpp launch

First Movers on Moonshot
$first -> $1 .73m to $8 .7m (5.02x), first coin on
dexscreener's moonshot $mc -> hit $7 .4m, MoonCat, "first meme cat launched on moonshot"
$md -> hit $998k , "MoonDog", CTO
$vivook -> hit $3 .9m, redacted VivekGRamaswamy
, new speculation arises that Vivek might become realDonaldTrump VP $truth -> hit $509k , Vivek's slogan

Animal Memes
$doogle -> $960k to $3 .61m (3.76x), good team
$bucky -> hit $8 .7m, rumors that it's the same team as $ponke
$sc -> hit $2m , "Star Cat", supported by MeteoraAG

$him -> hit $1 .7m, Asian + Cat meta, CTO
$chuck -> hit $478k , dog meme

More Cooks
$nobita -> hit $1 .3m, CTO
$sprite -> hit $630k , "McDonald's Sprite"
$caviar -> hit $491k , good team
$jar -> hit $425k , based on
aeyakovenko's tweet

It's clear that the memecoin space is highly dependent on majors

When majors pump, memecoin volume increases & vice versa

Blast's airdrop is tomorrow

And the stakes couldn't be higher...

Here's what you need to know before tomorrow's drop 👇

It's almost... finally... just about here.

Ethereum’s Blast_L2 has been one of the more innovative protocols when it comes to incentive models for bootstrapping deposits and user activity.

They've been very successful thus far, enabling the network to accumulate over $2B in total value locked (TVL) and become the second-largest L2!

While Blast has transformed into a Goliath among L2s, the imminence of its airdrop – scheduled for tomorrow, June 26 – raises undeniable concerns about the network’s future in the aftermath of this much-anticipated event.

Today, we’re digging into what we know about the airdrop and unpacking the dilemma Blast faces in the post-drop battle to retain existing users and their capital! 👇

What's Happening with Blast?
Many early Blast depositors were shocked when they received a points multiplier instead of liquid tokens at mainnet launched in February, and despite promises to conduct a drop sometime in May, this date was subsequently delayed to June 26 (tomorrow!) for unknown reasons.

Although Blast had not provided complete tokenomics until today, it had committed to setting aside half of the nebulous initial airdrop allocation to recipients of “Points” and the other half to holders of “Gold.”

Further, Blast introduced “Jackpots” to distribute Gold to users; wallets could enter a “deck” of up to eight Blast-native tokens or NFTs into these randomly occurring events to receive Gold if one of their selected items is chosen as the Jackpot winner.

Needless to say, it's been a long, winding road filled with a lot of leaderboards and incentive charades. But now, after all this time, the team finally has to deliver on its airdrop.

$BLAST launches tomorrow at 10AM EST.

Who's Getting Blast's Airdrop?
Blast’s success has primarily hinged on users’ perceptions that interacting with the network will position them to receive lucrative token rewards, making it imperative for Blast to conduct a well-received airdrop to maintain its market dominance.

Although a monster initial airdrop allocation would certainly make users feel valued for their past activities, it would diminish the value of future airdrop incentives and dilute the potency of this airdrop farm. Alternatively, too small of an initial drop risks aggravating users and unraveling the belief that unclear BLAST allocation schemes are worth chasing.

In total, Blast reserved 50% of the total 100B BLAST supply for the community, with 17B of these tokens – roughly one-third of the total community allocation – set to be distributed through the initial, or Phase 1, airdrop.

The top 0.1% of airdrop recipients, about 1k addresses, will have to vest a portion of their airdrop linearly over 6 months and will be subject to minimum monthly Points thresholds based on their Phase 1 activity to fully vest their allocation – a clear effort to keep whales and their capital involved in the network's future.

An additional 8B BLAST subject to a 4-year linear unlock was granted to the recently established Blast Foundation, an organization intended to help the community realize the “Blast Vision,” further details of which are scheduled to be unveiled tomorrow alongside the airdrop.

On the other hand, a successful initial drop would build an outsized aura around the network and likely attract an increased amount of users and capital seeking to farm future incentives to Blast, turbocharging onchain metrics, bolstering the valuation of BLAST, and increasing the attractiveness of this opportunity!

Which future awaits Blast? We'll have a good idea in a few hours!

Written by JackInabinet

Holdium is planning to airdrop 5% of its total supply to customers who pre-order Solana Mobile's "Chapter 2" smartphones. This follows the trend of leveraging airdrops to add value to pre-orders, a tactic successfully employed with Solana Mobile's first smartphone, the Saga, which saw a significant boost in sales thanks to bundled airdrops of meme coins like $BONK and $MEW .

The "Chapter 2" smartphone, expected to ship in 2025, has already garnered over 100,000 pre-orders. This strong demand is partly due to the anticipation of similar airdrops and the lower price point of $450 compared to the Saga's.

These airdrops not only enhance the perceived value of the phone but also serve as a powerful marketing tool within Web3 community.

The Open Network has been a rare rocket ship during choppy markets 🚀

Here's how you can get started with the chain 👇

It's been hard to miss the rise of $TON over the past few months

Thanks to its integration with Telegram
& persistent price action The Open Network ecosystem continues to gain traction rapidly

These are the most active areas in the ton_blockchain
:

🎮 Telegram-Based P2E Games

Gaming has become a stand-out feature for TON, first with Notcoin and now with other games like CatizenAI and Hamster Kombat.

In summary, gaming on TON, whether through Catizen or Hamster Kombat, offers some (very) simple entertainment and real-world rewards, making it an attractive option for early speculators.

🔒 Liquid-Stake your TON for additional rewards

Like most PoS ecosystems, liquid staking with Tonstakers or Bemo Finance lets you use your TON to earn additional rewards.

- bemo_finance is another non-custodial liquid staking protocol on TON. It allows users to stake TON tokens and receive $stTON tokens in return that can be freely used in DeFi and increase in value as staking rewards are earned.

Both Tonstakers and Bemo Finance offer excellent opportunities for users to earn rewards through staking, making them valuable tools for maximizing your TON holdings.

🫳 Swap tokens on DEXs

DEXs lie at the center of TON’s DeFi ecosystem to drive the network forward, particularly http://STON.fi and DeDust.

💰 Lend through money markets

Lending platforms on TON offer additional ways to leverage your assets and turn a profit.

- evaaprotocol is a lending platform on the TON network that allows users to lend and borrow assets like TON, stTON, $tsTON , and $USDT directly from Telegram.

With double-digit interest rates for TON and USDT, the platform stands out as a competitive option for participating in DeFi and earning additional yield on your TON — way higher than with staking! The protocol currently has an XP points program, which can be later burned in exchange for the $EVAA token when it launches.

-
daolama_ton offers NFT lending for TON, currently supporting over 35 collections. On the platform, users can choose an NFT they’d like to rent out in exchange for TON, create a proposal, and then, when confirmed, receive TON based on the proposal's guidelines. Additionally, DAOLama’s marketplace offers a Buy Now, Pay Later feature for NFTs, allowing you to purchase NFTs like Anonymous Telegram Numbers 👀 for 41 TON instead of 113 TON.

In conclusion, Evaa Protocol and DAOLama TON offer unique and user-friendly lending solutions, providing even more avenues for earning yield on TON.

🤑 Trade crypto derivatives

For fans of derivatives trading, TON comes ready for platforms for trading crypto assets on up to 50x leverage.

storm_trade_ton is a decentralized derivatives trading platform built on TON and directly integrated with Telegram. Accessible via a web app and Telegram bot, Storm Trade provides trading features like leverage up to x50, instant price updates, and trading pairs with collateral in TON and USDT.

In addition, Storm Trade offers opportunities to earn through tournaments or by providing liquidity. In their daily tournaments, users compete for Storm Trade NFTs, which will whitelist them for the exchange’s token at launch. In their vaults, users can provide liquidity to act as a counterparty to traders on the platform and earn 70% of protocol fees. This can all be done directly from Telegram, making trading available on the go.

Written by
davewardonline✍️

DeFi perpetual trading platform ZetaMarkets on Solana releases the Airdrop checker for their airdrop $ZEX

https://token.zeta.markets/

This is the only official link so be careful not to click on phishing links and connect your wallet to unknown sites so as not to get scammed

Daily Memecoin Recap - June 19

I missed the animal meta ngl

Dog meta
$bunny -> $87k to $1 .5m (17.2x), CTO
$vini -> hit $1 .5m, shiba inu aiming to rival $billy
$blinder -> hit $1m , peak blinders dog, CTO, called by KOLs
$sd -> hit $770k , shark dog, beta to $sc (shark cat), CTO
$camo -> hit $750k
$teddy -> hit $500k , golden retriever, burnt dev supply
$teef -> hit $450k

Cat meta
$pocat -> $265k to $2 .2m (8.3x), did an airdrop today
$lily -> hit $10m
$bebe -> $8 .7m
$ncat -> hit $1m

Mario Nawful claims that family members confirmed that $djt was related to Trump

$djt -> $78m to $176m (2.25x),
$barron -> $1 .65m to $6m (3.63x),
realDonaldTrump's son
$djtc -> hit $620k , "ShkreliTrumpTateAnsemRoxinu69", degen

Andrew Tate Puts Out A Poll: $daddy vs $rnt
$rnt -> $5 .25m to $15 .4m (2.93x), pumped as soon as the poll was posted, most thought
moved on from $rnt
$karma -> $51k to $730k (14.3x)

Landwolf Continues To Push
$wolf -> $47m to $102m (2.17x), heavily bundled with some of $brett 's team members

George Santos Posts A Pumpfun
$Q -> hit $4 .3m,
, possibility of his account being hacked

Matt Furie Memes
$brett -> hit $940k , " brett on $sol "
$sendy -> hit $2 .5m, "Dog by Matt Furie",

More Cooks
$asSol -> hit $3 .5m
$cityboys -> hit $968k , normie approved
$gilly -> hit $800k , goldfish meme
$king -> hit $500k , fake
coin, he followed their twitter
$fart -> hit $430k , fart noises

Watch out for coins that launch where a certain influencer is following their twitter

This is usually someone who sold their account

The buyer then changes the name/identity of the account to fool people into thinking a certain important person is involved

JupiterExchange has a new initiative where they plan to burn 30% of the total $JUP token supply, which is about 3 billion tokens valued at approximately $2 .3 billion.

The tokens burnt will be from the team allocation and will not affect the annual airdrops distributed to the community. This initiative would significantly enhance the token's value by reducing the overall supply, which could potentially lead to a positive price impact.

I was dating a blonde haired blue eyed girl who’s dad was unhappy I was mixed race.

She said he’s bigoted.

I left her and told her to obey her father.

Few.

Bonfida the home of Solana Name Service which helps usability on Solana by allowing users send and receive without using long wallet addresses but rather simple names has just airdropped ~700K $FIDA to users with a primary .SOL domain name on #Solana , which can be claimed on their website https://www.sns.id/

DID YOU KNOW

Zeus Network provides a communication layer for bridging Bitcoin and Solana, allowing Bitcoin users with Ordinals and Runes to access DeFi opportunities on Solana.

$ZEUS , the native token for the Zeus Network, was launched via the Jupiter Launchpad, with 3% of its total supply allocated as airdrops to its community

🚨Exclusive Unfair Advantage stream inside The Real World in 10 MINUTES🚨

Friends,today I'm very sad.I had worked very hard to complete #zksync tasks I had created two wallets but today both wallets became Not eligible for airdrop.All the wallets of my friends who had done the task with me have become eligible

#Scam

If Tate will keep going i gonna be a millionaire by the end of the month