Linea's Next Chapter of Rewards
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Sponsor: Frax — Fraxtal Ecosystem: Where DeFi Meets AI.
- 🏡 Blockchain Lender Figure Raises $788M in IPO. Figure's upsized debut marks the latest breakout crypto IPO, with Gemini coming tomorrow.
- 👛 Avalanche Foundation Raising $1B to Fund AVAX Treasury Companies. The Foundation reportedly plans discounted AVAX sales to two new corporate digital asset treasuries.
- 🤑 Upexi’s Solana Treasury Tops $450M. The consumer brand turned DAT now claims $105K in daily staking rewards.
| Prices as of 4pm ET | 24hr | 7d |
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Crypto $3.97T | ↗ 0.8% | ↗ 5.0% |
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BTC $114,336 | ↗ 0.6% | ↗ 3.6% |
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ETH $4,420 | ↗ 2.1% | ↗ 2.6% |
Once a week, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇
Bankless first predicted the LINEA airdrop in July 2023, just one month after the Consensys-backed zkEVM Layer 2 network made its mainnet debut.
Yesterday, the long-awaited distribution finally arrived! The drop infused hundreds of millions of dollars into the Linea network and stocked the Ecosystem Fund with more than a billion dollars of tokens to fuel future rewards programs.
Let’s break down the key apps, incentives, and opportunities shaping Linea’s next chapter👇
p.s. Check Bankless Claimables to see if you're eligible for LINEA 🪂
The Fraxtal ecosystem is expanding at lightning speed—this month’s biggest highlight is IQAI.com, the newest Agent Tokenization platform from IQ and Frax. IQ is building autonomous, intelligent, tokenized agents launching on Fraxtal in Q1. Empower on-chain agents with built-in wallets, tokenized ownership, and decentralized governance—all within a fast-growing Fraxtal ecosystem.
Ryan & David sit down with Ondo Finance’s Nathan Allman and Ian De Bode to map the path from stablecoins to tokenized treasuries to tokenized stocks.
We break down why Ondo’s wrapper model is set out to win, how blockchain brings 24/5 primary markets with 24/7 secondary markets, DeFi composability and liquidity at fair prices.
Ethereum and Ondo are leading a $100T onchain migration you can’t miss.
Listen to the full episode👇
Not financial or tax advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here.