Author: The DeFi Investor

Compiled by: TechFlow

Good morning, friends. Today, I will bring you:

  • 9 Crypto Catalysts to Watch This Week

  • A new airdrop event I am participating in

Crypto events to watch this week

  1. Fantom Sonic Upgrade: This week, Fantom will launch its biggest upgrade yet – Sonic – on the testnet. This upgrade will significantly improve the network’s scalability, enable 1-second transaction confirmation times, and bring other important changes.

  2. Arbitrum Stylus Upgrade: The much-anticipated Arbitrum Stylus upgrade is scheduled for September 3. This will allow developers to write smart contracts in Rust, C, and C++.

  3. Macro events: US unemployment data will be released on September 6.

  4. Polygon New Token Release: Polygon’s MATIC token will be rebranded to POL on September 4. In the future, the functionality of the POL token will be enhanced as it will be used to secure Polygon’s Agglayer network.

  5. INJ Token Economics Upgrade Proposal: Voting on a proposal to dynamically reduce the INJ token supply will end in a few hours.

  6. Sanctum is partnering with major exchanges: Binance, Bybit, and BitGet will soon launch Sanctum-based SOL liquid staking tokens, which is expected to increase the protocol’s total value locked (TVL).

  7. TAIKO Token Unlock: On September 5, 15.8% of the TAIKO circulating supply (worth $18 million) will be unlocked for one of the project’s airdrop events.

  8. Nakamoto.Games’ Stake2Earn Launch: Nakamoto.Games’ new staking mechanism $NAKA will go live on September 6th, aiming to reduce token dilution by rewarding stakers with in-game assets.

  9. IMX Token Unlock: $42 million worth of IMX (2.1% of its circulating supply) will be unlocked on September 6th, all for ecosystem and project development.

This week's airdrop opportunities

Deposit USDe, WBTC, weETH or rsETH on the Corn platform

Corn is a high-yield network built around Bitcoin.

Backed by Binance Labs, Corn is actually an Ethereum layer-2 network that aims to build a DeFi hub for Bitcoin.

There are two main ways to participate in its airdrop campaign:

  • Deposit weETH, rsETH, USDe or sDAI on Corn to earn points

  • Deposit WBTC to mint Corn’s tokenized Bitcoin (earn double points)

Currently, the total locked value (TVL) of the protocol is about $19 million, so this airdrop has not yet been overly participated. It is still in private access.

#MATIC