Restaking Summer’s Airdrop Mania
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
- 🌕 Ether.fi token launches. Hundreds of millions of dollars worth of ETHFI tokens went up for claims today; did you get any?
- 🆕 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."
- 🐶 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.
📊 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% |
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.
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 👇
- 🫥 Financial Nihilism - Travis Kling
- 🆙 Fractal Scaling on Ethereum - purpleshadow2000
- 🥪 Solana MEV: An Introduction - Ryan Chern
- 🤡 In Defense of Memecoins - yuga.eth
- 🦾 The World’s First Onchain LLM - Modulus
- 🐴 How Many Trojan Horses Can We Launch? - DegenSpartan
- 🏘️ Benchmarks and Performance Attributions for DAOs - Dialectic, Steakhouse Financial
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.