Uniswap shakes up the DeFi scene with a governance proposal aiming to introduce a long-awaited revenue share for UNI stakers. Meanwhile, Ethena’s launch on Ethereum’s mainnet, along with its Shard Campaign, and Sushi’s innovative Sushi Bonds, mark significant developments in the crypto space.
Despite fluctuations in various altcoins and ecosystem tokens, Total Value Locked (TVL) across all chains continues to rise. Noteworthy performers include StarkNet and Scroll, both witnessing increased inflows and activity.
In Alpha Central, anticipation builds for Blast L2’s upcoming mainnet launch, positioning it to become the second-largest L2 by TVL. Projects spanning decentralized exchanges (DEXs), money markets, NFT marketplaces, and more are thriving on the Blast testnet.
Ethereum sees Uniswap Foundation proposing a fee switch for UNI stakers, potentially sparking renewed interest in DeFi tokens. Ethena Labs’ debut brings the Shard Campaign, allowing users to earn Shards through various activities, while other launches like Frax Finance’s snapshot for FXS lockers and Gearbox’s leveraged EigenLayer restaking offer further opportunities.
Across various protocols, innovations abound, from KelpDAO‘s Kelp Earned Points system to Across Protocol’s release of Across V3 bridge upgrades. Additionally, Sushi introduces Sushi Bonds to encourage sticky liquidity, while Blast announces winners for the Big Bang competition.
In Cosmos, Dymension AMM launches, facilitating token swapping across RollApps, while Osmosis now natively supports Wrapped BTC (WBTC). And on Linea, Linea Park kicks off, inviting participants to explore gaming and social applications.
Airdrops remain a significant aspect, with StarkNet opening claims for the STRK token airdrop and Optimism distributing OP tokens to eligible NFT creators. Jupiter also announces a $100K reward airdrop for top users on the Solana Mobile 2 leaderboard.