KEY TAKEAWAYS

  • Blast Introduces Native Yield L2
  • PYTH Airdrop Goes Live
  • Starknet Takeover: Complete Tasks, Claim NFTs, Earn Rewards
  • Complete Crypto’s User Sentiment Survey for a $500 USDT Reward

ECOSYSTEM UPDATES

Price Index 32 1

Blast Introduces Native Yield L2

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Blast has unveiled its groundbreaking EVM-compatible optimistic rollup, introducing a revolutionary native yield mechanism. 

ETH bridged to the rollup is seamlessly staked on Ethereum, while bridged stablecoins are strategically deposited into prominent DeFi protocols like MakerDAO. The accrued yield is then equitably distributed among users and dapps operating on the Blast L2 rollup. 

Additionally, Blast has announced an enticing early adopter airdrop program. Users can accumulate Blast Points based on the quantity of ETH they bridge into Blast. However, funds will remain locked until the network’s official mainnet launch scheduled for February 2024.

PYTH Airdrop Goes Live

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Pyth Network, an oracle provider for off-chain price feeds, has distributed its PYTH retroactive token airdrop. Eligible users can now claim their PYTH governance tokens until February 18, 2024. The current trading price of PYTH is approximately $0.30. PYTH tokens can be staked to gain voting power. For more details, visit here.

Starknet Takeover: Complete Tasks, Claim NFTs, Earn Rewards

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Prepare for a thrilling journey into the heart of the Starknet ecosystem with Galxe’s Starknet Takeover. 

In this exciting series of campaigns, you have the opportunity to explore Starknet, mint special NFTs, and engage with a variety of projects that are revolutionizing the Web3 space. For a full guide on how to join, visit here.

Complete Crypto’s User Sentiment Survey for a $500 USDT Reward

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As TK Research prepares our annual Crypto Report, we are seeking insights on 2024 from builders and investors who persevered through the crypto winter. Kindly spare 3 to 5 minutes to complete our survey and share your insights and predictions. We will highlight a selection of your perspectives in a section titled ‘Towards 2024’. 

All contributors will receive early access to the full report, and 20 lucky participants will receive $25 for each. Join now.

Additional Notable Events

Airdrop Strategy

Others

Read more: Ethereum News Weekly Recap – Week 46

Read more: Ethereum News Weekly Recap – Week 45

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