💣 Did You Miss Out On A Free $10K Airdrop?

A weekly recap of the largest crypto events and narratives, with an extra dose of insight.

Here’s what we have for you:

• JTO airdrop

• Securing your assets before the bull run

• Wanchain upgrades to the next level

• Hackathon season

• Fringe Finance and the optimal place to borrow/lend

Gm Raiders. Hopefully we have some Solana lovers here because Solana airdrop farmers are EATING. With the JTO token going live and the token currently trading ~$3, more than $270M has been distributed to less than 10K wallets. Yep, that means the average wallet received $27,000. And you really didn’t have to do anything for this one. Just stake your SOL into Jito, and sit and relax.

Continue to fade the Solana ecosystem but it’s making some users very very rich. There were a few interesting aspects of this airdrop. First of all, if you longed $JTO on Aevo through its pre-launch futures, you would have done really well. Second of all, other protocols that were similar to Jito such as Marinade, which is another liquid staking protocol on Solana, got a rerate upwards, sending the $MNDE token up over 100% on the day.

-RektRadar

Secure your assets before the bull starts

Guys, I won’t stop talking about it. Make sure to get your opsec in order. The last thing you want is for your net worth to go up 10x in a bull run and then lose it all just cause you couldn’t bother with getting your security in order.

What’s a good way to secure your assets? Using biometrics. That is exactly what D’CENT Biometric Wallet, a convenient, biometrically secured cold wallet, is building.

The wallet supports over 59 blockchains, has a built-in onramp using debit/credit card, and a built-in dApp browser. On the security front, it uses a multi-chip architecture with a secure element. It’s got all the cutting edge cryptography protections.

Wanchain upgrades to the next level

• Wanchain’s bitcoin bridge has gotten a significant upgrade. The upgrade bolsters security, increases privacy, and reduces cost, all while remaining decentralised.

• Wanchain is a decentralised blockchain interoperability solution, and one unique Bitcoin focused product they have is BTC XFlows (which enables native-to-native transformations between BTC on Bitcoin, BTCB on BNB Chain, BTC.b on Avalanche and WTBTC on Ethereum)

It’s hackathon season

• Know how to code and want to get a chance in winning $500,000? Then you better sign up for Areon Networks’s web3 development challenge.

• The protocol is offering a unique opportunity for devs of all experience levels to hack on Areon Chain’s unique “Proof of Area” consensus mechanism.

Fringe Finance and the optimal place to borrow/lend

• Fringe Finance is a safe place for degens to invest and borrow against your holdings. After a year and a half of extensive research and development, they are finally releasing Fringe Finance V2.
  

• V2 promises to build the ultimate intersection of lending and margin trading platforms, by incorporating features such as borrowers’ collateral protection, lower liquidation costs for borrowers, and atomic repayments.

What are the options markets suggesting for BTC price targets?

Some Helium network alpha

Parsec’s onchain explorer for the block explorer alpha

What is the SOL thesis?

Why you should probably be farming Tensor

Some Jupiter stats

Deposit into EigenLayer to farm the airdrop!

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