Ian's Intel #43
Blast launches this week and Mt. gox repayment
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Let’s dive in.
Airdrop Alpha
1) LayerZero claim live:
2) pSTAKE’s Bitcoin Liquid Staking v1 testnet on Babylon now live
The scope of the testnet: sBTC deposits and withdrawals with Cobo (institutional custody) in the background.
$PSTAKE points program will be unveiled at mainnet launch — This testnet participation will give users extra boosted points at mainnet (bigger airdrop in the future).
The testnet is semi-public and requires invite codes to access.
Staking Link:
https://app.btc-testnet.pstake.finance/
Use invite code: "ian"
DYOR Links:
3) Claims for Phase 2 of EigenLayer are going live on June 19th
Snapshot for Phase 2 was taken on March 15, 2024 01:11:35 UTC.
Complex protocols (including Pendle) were included in Phase 2.
ether.fi stakers who were eligible as of the March 15 snapshot will be allocated a portion of 3.12m EIGEN tokens.
Eigen points ratio for ether.fi users is the same for both Phase 1 and Phase 2
Claim Link: https://claims.eigenfoundation.org/
*1% of the EIGEN allocation has been put aside for any users who received an incorrect claim amount
**claims form: https://forms.gle/AAAoFZLTyAJiiK8X9
Source: Etherfi Discord
New Listings
$ZRO listed on Binance, Bybit, Bithumb, Upbit,
$POPCAT listed on Bybit
$BLAST will be listed on Upbit on 26 June 2024 at 23:00 KST
DeFi
Ronin Network announces next step in scaling the network: L2 zkEVMs powered by Polygon CDK
Drift partners with Ondo to enable RWA as collateral for trading. To start, users will be able to deposit and borrow USDY on Drift. USDY is a stablecoin backed by short term US treasuries and generates ~5.3% APY
Binance Labs invests in Rango Exchange
LayerZero Tokenomics
L1, L2, & Infrastructure
Light Protocol and Helius announce ZK Compression on Solana
Bitcoin/ETH ETFs
Bitcoin ETFs Suffer $544m Outflow as Bitcoin Fell Below $64K
Hashdex files 19b-4 for combined spot BTC & ETH ETF — NateGeraci
Rugs & Exploitations
Enforcement Division of the SEC has closed its investigation into Ethereum 2.0 — Consensys
Reads & Tools
Mt. Gox Trustee says will start Bitcoin, Bitcoin Cash repayments: BBG
Mt. Gox To Distribute Bitcoin, Bitcoin Cash Repayments Starting Beginning Of July 2024
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