Today in DeFi - Zerion ZERϴ Testnet Live, VanEck Filed for Solana ETF, Vitalik Backs MegaETH Blockchain, LPing ETH for >20% APR + Airdrops, and more...

Launches 🚀

• Zerion launched a testnet for ZERO, an EVM-compatible L2 rollup on the ZK stack with zero network fees for Zerion users.

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Updates 📰

• VanEck, a US investment management firm, just filed for the US's first Solana exchange-traded fund (ETF).

• Gravita launched the gravETH vault on StakeWiseV3. Users can either mint gravETH or StakeWise’s osETH from this vault.

• Renzo introduced pzETH in collaboration with Symbiotic and Mellow. Users can mint pzETH to earn restaking rewards and points from Symbiotic, Mellow, and Renzo.

• QiDao launched MAI on Morpho (mMAI) on Base. mMAI generates yield from usage fees on Morpho.

• Dydx introduced in-app staking. Users can now stake and unstake DYDX and earn USDC staking rewards using the dydx.trade interface.

• Bluefin, a Sui-based perp DEX, introduces the BLUE token to extend the protocol ownership to the community.

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Upcoming ⏳

• MegaLabs, the builder of MegaETH, has raised $20 million in a seed funding round from Dragonfly, Vitalik Buterin, Joseph Lubin, and others. MegaETH is a “real-time blockchain” that aims to achieve 100,000 TPS.

• Magpie introduces Sympie, a Magpie SubDAO that provides liquid restaking through Symbiotic. Users will be able to restake their assets on Symbiotic to mint LRTs and accumulate Bio Points, securing an $SMP token airdrop + IDO quota.

• Origin DAO proposed a merger of primeETH into YieldNest ynLSD. The proposal states that primeETH users can migrate underlying ETH and LSTs to ynLSD in the upcoming weeks.

• Scroll unveils Curie, its next major protocol upgrade scheduled for July 3rd. This upgrade will reduce gas fees on the Scroll chain by 2x.

• Wormhole received grants from the Worldcoin Foundation to bring World ID to Solana. The integration will enable Solana-based protocols to verify users' World IDs that were originally authenticated on Ethereum.

• Optimism Fjord upgrade will go live on the OP Mainnet on July 10th at 16:00:01 UTC. The upgrade will bring new features and cost savings.

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Airdrops 🪂

• Shardeum launched Atomium Stage 1, an incentivized testnet campaign that allows users to earn rewards such as XP, badges, NFTs & $SHM airdrop.

• Teahouse Finance introduces TeaTime, a rewards program that allows users to earn points by holding Share Tokens, owning HighTable NFTs, and participating in events.

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Farms 🧑🏻‍🌾

• Stake your GHO to earn ~21.72% APR from AAVE and Merit Program

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LPing ETH for >20% APR + Airdrops