Daily Brief

Restaking Summer’s Airdrop Mania

gm Bankless Nation, ETH prices might be slumping, but restaking excitement is not.
Mar 18, 20243 min read
Restaking Summer’s Airdrop Mania
Published on Mar 18, 2024
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.

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Liquid Restaking Token Drop
  1. 🌕 Ether.fi token launches. Hundreds of millions of dollars worth of ETHFI tokens went up for claims today; did you get any?
  2. 🆕 CZ teases new project. Binance's founder might be staring down jail time at his sentencing next month, but he's still building, teasing a new "education project."
  3. 🐶 Dog pic sells for $4.2M. Memecoin cycles are moving faster. The alleged original photo of the Dogwifhat dog just sold for over 1,200 ETH at auction.
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Restaking Summer’s Airdrop Mania Begins

📊 ETH down, restaking excitement up. Spring has yet to begin, but restaking summer is already in full swing, with claims for ether.fi’s ETHFI airdrop going live this morning! Who was eligible for the drop, and how can you claim your allocation?

Prices as of 5pm ET 24hr 7d
Crypto $2.55T ↘ 1.7% ↘ 6.3%
BTC $67,525 ↘ 1.0% ↘ 6.5%
ETH $3,516 ↘ 3.2% ↘ 12.8%
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Get Started with Bountycaster
Bankless Author: William M. Peaster

Base and Farcaster are quickly becoming hubs for onchain creativity.

Over the past couple of weeks, we've seen some early traction for a new app called Bountycaster. Built atop Farcaster and Base, Bountycaster bridges the crypto social scene and the gig economy by letting users post and engage with bounties or services with ease and transparency.  

Today, we dig into how Bountycaster works and how you can use it 👇


Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives.

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L2 Tokens: Bullish or Bearish?

Are Layer2 Tokens bullish, or are they just worthless governance tokens?

We’ve brought a team of expert panelists to help us answer that exact question. Mike Ippolito, Jordi Alexander, and Anthony Sassano explore Layer 2 business models, where value is accrued, and how to capture that upside.

Bankless Citizens get an exclusive Debrief conversation unpacking the episode 👇

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What We're Reading
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Earn Airdrops!

Many Bankless Citizens who completed the Jito quests in our Airdrop Hunter app just earned five-figure airdrop paydays!

It's airdrop season, and plenty of other protocols are preparing to reward early users. Get on their lists. Start hunting!

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.