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Weekly Project Updates

Apr 27, 2024

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  1. Starknet Foundation Announces Airdrop Redistribution of STRK to Three User Categories

The Starknet Foundation plans to distribute STRK tokens through a retroactive airdrop to three distinct user categories. These include Pooled stakers, StarkEx users mistakenly identified as VeVe users, and actual VeVe users. Eligible stakers using supported protocols like Lido, Rocket Pool, and others can claim their STRK tokens through the Provisions website.

  1. Base Network Reaches Total Supply of 2.46 Billion Native USDC and Bridged USDC

The Base protocol has achieved a total supply of native and bridged USDC amounting to 2.46 billion. The use of USDC on Base has shown substantial growth, making it the second largest Ethereum L2 stablecoin market value behind Arbitrum.

  1. Merlin Chain: Unstaking of BTC Now Available

Merlin Chain has opened up BTC unstaking, allowing users to directly withdraw BTC back to Layer 1 or swap M-BTC for BTC.

  1. EOS Network Foundation Releases New Token Economics for EOS

Yves La Rose, CEO of the EOS Network Foundation, announced a new token economics plan for EOS, reducing the maximum total supply and outlining the distribution plan.

  1. Terraform Labs to Restrict Access for US Users

Following regulatory decisions, Terraform Labs will restrict access for U.S. users and withdraw LUNA liquidity from various platforms.

  1. Tools for Humanity, The Company behind Worldcoin, Hints at Imminent Collaborations with Major Tech and Financial Firms

Tools for Humanity, the company behind Worldcoin, teased potential collaborations with major technology and financial firms.

  1. MakerDAO Captures Nearly 40% of DeFi Profits on Ethereum in the Past 6 Months

MakerDAO has been successful in capturing a significant portion of DeFi profits on Ethereum, with a focus on DAI and future potential projects.

  1. SAFE Token Enables Market Circulation

The SAFE token has enabled transfer functionality, with OKX and Coinbase announcing its listing.

  1. Zircuit Reports TVL Surge to Over $2 Billion in Staking Program

Zircuit's staking program has experienced a surge in Total Value Locked, showcasing significant growth.

  1. Binance Launchpool Introduces Liquidity Re-staking Protocol for the 53rd Project, Renzo (REZ)

Binance Launchpool announced the introduction of Renzo, a liquidity re-staking protocol, with details on tokenomics and airdrop eligibility updates.

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