1. Bitcoin Runes Minting Surge Post-Halving Sparks Fee Spike
Following the Bitcoin halving, on-chain Runes minting activity skyrocketed, causing network fees to soar. Between blocks 840,000 and 840,014, miners earned an average of 21.74 BTC per block, with 18.62 BTC coming solely from transaction fees.
Key Runes highlights:
- 0th Rune: Casey Rodarmor's hardcoded Uncommon·Goods, mintable over four years until the next halving.
- 1st Rune: Deployed by FehuLayer for 6.732 BTC (~$429k), allocating 99% to themselves.
- 2nd Rune: DECENTRALIZED by CyberKongz's Prometheans.
- 3rd Rune: DOG•GO•TO•THE•MOON by Runestone, airdropping 889,806 tokens per NFT holder.
👉 Explore Bitcoin Runes trading strategies
2. Worldcoin Announces World Chain L2 Launch
Sam Altman's Worldcoin revealed plans for World Chain, an Ethereum L2 launching late summer 2024. Built on OP Stack, it will:
- Prioritize human users via World ID integration.
- Enhance Web3 app efficiency and real-world utility.
- Transition to community governance post-launch.
3. Avail Distributes 600M Tokens to 354K Wallets
Polygon's modular blockchain Avail allocated 600M AVAIL tokens to:
- 90M for developers
- 49.5M for testnet contributors
- 380M for active L2 users (Arbitrum, zkSync, etc.)
- 70M for Polygon PoS stakers
CLAIM PERIOD: April 20 – May 5.
4. Merlin Chain MERL Tokenomics & Airdrop
Bitcoin L2 Merlin Chain released MERL distribution details:
- 50% unlocked at TGE, then monthly vesting.
- Team tokens locked for 24 months; investors for 24–48 months.
👉 Track MERL listings on OKX
5. Scroll’s Loyalty Plan Excludes US/China Users
Ethereum L2 Scroll launched Scroll Sessions, rewarding Marks for ecosystem engagement. Controversially, the program bars US/Chinese residents.
6. OKX Launches X Layer Mainnet
The ZK-powered L2 X Layer (built with Polygon CDK) now supports:
- Native OKB gas fees
- 170+ dApps
- Cross-chain swaps via OKX wallet
7. Tether Expands USDT & XAUT to TON
Stablecoin giant Tether bridged USDT to Telegram's TON Network, with XAUT (gold-backed) coming soon.
8. Lido Activates Simple DVT Module
The upgrade enables:
- Obol-powered cluster rewards
- 72 new node operators
- stETH holders earning DVT validator yields
9. io.net Unveils IO Tokenomics
Solana DePIN project io.net details:
- Max supply: 800M IO
- Rewards: 300M IO distributed hourly over 20 years
- Burn mechanism: Revenue-driven buybacks
10. Jupiter’s JupSOL LST Goes Live
Jupiter partnered with Sanctum to launch JupSOL, featuring:
- MEV rebates + staking yields
- 10k SOL delegation boost
- 0.1% deposit fee
FAQ
Q: How do I claim Avail tokens?
A: Visit Avail’s official portal before May 5 and connect an eligible wallet.
Q: Is World Chain compatible with MetaMask?
A: Yes, as an Ethereum L2, it supports standard EVM wallets.
Q: What’s the APY for JupSOL?
A: Expected to outperform average SOL staking yields due to Jupiter’s SOL delegation.
Disclaimer: This content is informational only and does not endorse financial activities. Comply with local regulations regarding cryptocurrency usage.