Today in DeFi - Bitcoin Stacks Halts for 9 Hours, LayerZero Confirms Airdrop Date, zkSync Airdrop Claim Live, High APRs on $ETH and Stables, and more...

Launches 🚀

• Rysk launched 100x, a zero-trading fee perp dex on Blast L2. Rysk is giving 100 XP to Rysk users and has 114,144 Blast Gold to distribute until June 25th.

• Moon.inc is live on Base L2. Moon.inc is a new token launchpad built on Ajna which allows for the creation of un-ruggable tokens that can be shorted or borrowed against on Ajna.

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Issues 🚨

• Stacks, an L2 for Bitcoin, experienced a halt for nearly 9 hours caused by a Bitcoin block reorganization and unexpected miner behavior. The team stated that “This type of block slowness will not be an issue for Stacks post-Nakamoto since there are no forks.”

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Updates 📰

• Uniswap is now live on zkSync L2. Uniswap partners with Layer3, allowing users to earn CUBEs and XP while swapping on ZKsync with the Uniswap interface.

• Ether.fi announced a new LRT weETHs and launched the Super Symbiotic LRT vault. Users can deposit LSTs to earn points and receive weETHs.

• Spectra introduced its Points Page, allowing users to discover programs and access strategies that increase points exposure in one place.

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Upcoming ⏳

• Jupiter cofounder announced upcoming updates, including Jupiter Swap V3, Dynamic Slippage, Token List V2, Value Averaging, and Jupiter APE Wallet.

• Mantle L2 introduced $cmETH, a new LST that will launch with a points program for early supporters. Season 1 of the program will start July 1, 2024, and will last for 100 days.

• Trader Joe introduced Stable Jack, an Avalanche-based LSTfi platform that will feature AVAX LSTs-backed stablecoin aUSD. Stable Jack will have a governance token JACK, and users will be able to buy JACK at a discount by providing liquidity on Stable Jack.

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Airdrops 🪂

• zkSync’s ZK airdrop claim is now live. Claiming will be open until January 3, 2025.

• LayerZero introduced the LayerZero Foundation and confirmed the $ZRO airdrop date on June 20th.

• According to Fortune, socialFi app Farcaster has 50k daily users and will launch a token.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~21.86% APR from AAVE and Merit Program

  • Today in DeFi is supported in part by ACI

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High APRs on $ETH and Stables