ZKsync Introduces ZK Nation

Alpha Team
June 10, 2024

🚀 ZKsync's ZK Nation Launches Ahead of Airdrop

ZK Nation Introduction: ZKsync has introduced ZK Nation, a new initiative aimed at enhancing the user experience on its platform. This launch comes ahead of an anticipated airdrop, generating significant interest within the community.

Airdrop Details: The upcoming airdrop will distribute tokens to early users, incentivizing participation. ZKsync has not specified the total amount of tokens or the exact date, but it has assured substantial rewards for early adopters.

Community Engagement: To engage the community, ZKsync encourages users to participate in ZK Nation activities. Alex Gluchowski, ZKsync CEO, highlighted the importance of community involvement in the project's success. Read More.

️ On today's Top Picks:

🪂 ZKsync airdrop checker briefly leaks.
🔴 Optimism implements permissionless fault proofs.
🐻 Berachain launches Public Testnet bArtio B2.
🏦 US Federal Reserve Interest Rate Decision on Wednesday.

Read time: ⏰ 6 minutes

Crypto News

• Solana $SOL Foundation removes operators from delegation program due to malicious sandwich attacks.

• IO Net $IO CEO Ahmad Shadid steps down days before token launch.

• ⭐️ Optimism $OP implements permissionless fault proofs & arrives at Stage 1 decentralization.

• friendtech $FRIEND to launch Friendchain with Conduit.

• Binance $BNB crypto exchange surpasses 200M users globally.

• Korean Virtual Asset User Protection Act to take effect on July 19th.

Alpha

• ⭐️ ZK Nation posts "Introducing ZK Nation" blog post on X.

• ⭐️ Berachain launches Public Testnet bArtio B2 introducing BeaconKit & more.

• Superseed launches Testnet & quests on Layer3.

• Renegade, an on-chain dark pool launches its Testnet.

• Caldera launches Quest #6 of Caldera Crusade on Galxe.

Airdrops

• ⭐️ ZKsync $ZK airdrop checker briefly leaked before being blocked.

• Mercle Strategy Airdrop Strategy by Earndrop.

• Bryan Pellegrino dismisses several LayerZero $ZRO sybil reports.

• Fantom $FTM Foundation posts Sonic governance proposal outlining plans for $S token airdrops.

• ICYMI Weekly Airdrop Claims And News by Earndrop.

• Fhenix Testnet Must-Know And Do by Alpha Insiders.

Finance News

• ⭐️ US Federal Reserve Interest Rate Decision on Wednesday.

• Bitfarms $BITF adopts 'poison pill' amid potential Riot Platforms $RIOT takeover.

• Apple $AAPL announces partnership with OpenAI.

• Norway oil fund to vote against Elon Musk’s $56B Tesla $TSLA pay award.

• Saudi Arabia to sell $11.2B of Aramco shares to help fund its spending plans.

• Noble $NE to buy Diamond Offshore Drilling $DO for $1.6B.

Security and Exploits

• SlowMist Weekly Security Report highlights ~$8.8M in losses.

• UwU Lend exploited for ~$19M, team offers 20% bounty.

• Loopring exploited for ~$5M due to Loopring 2FA service compromise.

• Orbit Chain exploiter moves funds through Tornado Cash.

Token Unlocks

• Moonbeam / 3.04M $GLMR / ~$887K / JUN 11
• dYdX / 1.55M $DYDX / ~$3M / JUN 11
• Aptos / 11.31M $APT / ~$97M / JUN 12
• Immutable / 25.53M $IMX / ~$51M / JUN 14
• Cyber / 886.12K $CYBER / ~$7M / JUN 14
• Starknet / 64M $STRK / ~$75M / JUN 15
• Render / 760.57K $RNDR / ~$7M / JUN 16
• Arbitrum / 92.65M $ARB / ~$91M / JUN 16

Funding

• Nexus Labs, a zero-knowledge virtual machine. raises $25M in Series A funding co-led by Lightspeed & Pantera Capital.

• Squads Labs, a Solana-based multi-sig protocol, raises $10M in Series A funding led by Electric Capital.

• Everclear (previously Connext), a clearing layer for intent-based bridges, raises $5M in funding from Pantera Capital.

The Degen Farmer

Top stablecoin yield farms of the day, more than $3,000,000 in TVL. DYOR and step up your farming game!

PROTOCOL	ASSETS	APY
Notional V3 (Ethereum)	NUSDC	65.98%
Ramses CL (Arbitrum)	USDCUSDC	61.46%
KiloEx (Op_bnb)	USDT	60.77%
Abracadabra Spell (Arbitrum)	MIMUSDCUSDT	60.61%
Aura (Ethereum)	SUSDEUSDC	45.83%
Indigo (Cardano)	IUSD	37.65%
Avantis (Base)	USDC	36.61%
Curve DEX (Ethereum)	IDAIIUSDCIUSDT	35.36%

. . .

🟠 Solv Protocol: Introducing SolvBTC, A Liquid Yield Token for Bitcoin

Solv Protocol: Solv Protocol is a unified platform for optimizing yield and liquidity across major assets. Backed by Binance Labs, NOMURA Group, Blockchain Capital.

Also, Ethena Partnership: Solv Protocol will integrate Ethena to launch the first yield vault for SolvBTC, allowing users to earn yields ($sUSDe yield + Ethena SATs + Solv Points) from Ethena’s strategies while maintaining Bitcoin exposure.

🪂 SOLV Token Airdrop Campaign: Solv Protocol and Binance Web3 Wallet have partnered to launch a 150,000 SOLV Token Airdrop Campaign. Users can join the campaign from June 4th to June 17th.

⚡️ Participation: New users can participate by registering for a Binance Web3 Wallet, while existing users can leverage their wallets to dive straight into BTCFi. Read more and tutorial below:

👉 Get the $SOLV 🪂 airdrop

. . .

That’s it for today’s edition! See you soon.

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