News preview:

  • Axie Infinity (AXS) will unlock approximately 9.25 million tokens at 9:10 pm Beijing time on October 14, accounting for 6.08% of the current circulation and worth approximately US$43.1 million;

  • Trump said on the X platform that the public sale of WLFI tokens will begin on October 15 (local time);

  • Puffer Finance will start airdropping on October 15th and will last until January 15th;

  • Ethereum re-staking protocol ether.fi will launch re-staking rewards on October 15;

  • Eigenlayer (EIGEN) will unlock approximately 11.22 million tokens at 3:00 am Beijing time on October 16, accounting for 6.01% of the current circulation, with a value of approximately US$43.9 million.

  • Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 pm Beijing time on October 16, accounting for 2.56% of the current circulation and worth approximately US$49.4 million;

  • The 2024 Shanghai Blockchain Week initiated by Wanxiang Blockchain Lab has started, and the "10th Blockchain Global Summit" will be held on October 17;

  • Scroll: The SCR airdrop snapshot is planned to be conducted on October 19, and the collection time is October 22

October 14

Exchange:

Binance will add BNSOL as a collateral asset in margin trading on October 14

Binance has launched BNSOL current wealth management products on the capital-guaranteed earning platform, and users can participate in the subscription. In addition, within one hour of BNSOL being listed on Binance spot, users can exchange BNSOL for BTC, USDT and other tokens on the flash exchange trading platform, and the exchange process is free of handling fees. Starting from 16:00 on October 14, Binance leverage trading will add BNSOL as a collateralized asset, supporting full-position and single-position leverage trading pairs of BNSOL/SOL.

Gate.io will launch PUFFER trading on October 14

Gate.io will launch Puffer (PUFFER) trading at 20:00 (UTC+8) on October 14, 2024. Puffer has evolved into a leading innovator in the Ethereum infrastructure field, focusing on the next-generation Rollups solution, namely Based Rollup, supported by Liquidity Re-staking (LRT) and pre-confirmation technology AVS. With products such as LRT, Puffer UniFi and Puffer UniFi AVS, Puffer is committed to helping Ethereum decentralize and maintain its trusted neutrality.

Bitget announced that Puffer Finance (PUFFER) spot trading will be officially launched at 20:00 on October 14 (UTC+8)

OKX will add multiple USDC currency trading pairs including AEVO/USDC and ATH/USDC on October 14

The USDC trading area under OKX's currency-to-currency trading will add the following USDC trading pairs from 5:00 pm to 5:30 pm (UTC+8) on October 14, 2024: AEVO-USDC, ATH-USDC, CATI-USDC, ETHFI-USDC, JUP-USDC, and ZETA-USDC.

Project dynamics:

Trump family crypto project WLFI introduces public sale details in live broadcast on October 14

The Trump family crypto project World Liberty Financial (WLFI) will start live broadcast at 20:00 Beijing time on October 14, introducing: WLF team, consultants; exclusive insights from special guests; public sales details. According to AggrNews, Musk and Trump are expected to be potential guests of this live broadcast. Upon inspection, the poster in the WLFI announcement posted the silhouettes of the two special guests, which look a bit like Musk and Trump in shape.

Soneium will announce the winners of the incubation program on October 14 and directly invest in some of the winning projects.

Sony's Layer2 project Soneium announced that it will announce the winners of the Soneium Spark incubation program on October 14. Projects that can bring outstanding value to the Soneium community will receive investment opportunities from Soneium. Soneium's investments will focus on projects that closely align with its vision, have a significant impact in the target market, and can solve major challenges. Investment decisions will be made through collaborative discussions with qualified teams to ensure coordination and long-term success between the two parties.

Token unlocking:

Axie Infinity (AXS) will unlock approximately 9.25 million tokens at 9:10 pm Beijing time on October 14, accounting for 6.08% of the current circulation and worth approximately US$43.1 million.

Taiko (TAIKO) will unlock about 12 million tokens at 8:00 am Beijing time on October 14, accounting for 14.99% of the current circulation, with a value of about US$18.7 million.

Render (RENDER) will unlock approximately 490,000 tokens at 8:00 am Beijing time on October 14, accounting for 0.13% of the current circulation, with a value of approximately US$2.7 million.

CYBER (CYBER) will unlock about 890,000 tokens at 4:00 pm Beijing time on October 14, accounting for 3.81% of the current circulation, with a value of about US$2.6 million.

October 15

Project dynamics:

Trump: WLFI token public sale will start on October 15

Trump said on the X platform that the public sale of WLFI tokens will begin on October 15 (local time), and the details of the public sale will be introduced in the live broadcast on October 14.

Puffer Finance will start airdropping on October 15th and last until January 15th

Puffer Finance, a re-staking protocol, announced that its native token $PUFFER will begin airdropping at 07:00 (UTC+8) on October 15, 2024, and the airdrop activity will last until 07:00 (UTC+8) on January 15, 2025. The total number of PUFFER tokens is 1 billion, of which 7.5% will be used for the first season of Crunchy Carrot Quest airdrops, and community users can participate and vote on the future direction of the protocol. In addition, Puffer will allocate 1% of the token supply to the Ethereum core development team to support its 4-year development plan. PUFFER is at the core of all products of the project, including the world's first permissionless LRT and a fast Rollup solution based on UniFi.

Eigen Foundation: First rewards claim for Programmatic Incentives v1 will be open on October 15

The Eigen Foundation announced on X that the first reward claim date for programmatic incentives v1 has been postponed by one week to October 15, 2024 to ensure that only eligible non-investor EIGEN pledgers and qualified operators can receive programmatic rewards for their activities before transferability (i.e. the period ending September 30, 2024).

ether.fi: Re-staking rewards will be launched on October 15

Ethereum restaking protocol ether.fi said on X platform that restaking rewards will be launched on October 15. Stakers holding weETH or eETH can receive staking, restaking and Season4 rewards (ether.fi points). Starting October 15, eETH holders will receive the first batch of restaking rewards in the form of LRTÂČ tokens. The rewards are scheduled to be distributed in a linear distribution every Thursday, and users will automatically accumulate LRTÂČ by holding weETH or eETH.

Viction plans to conduct a hard fork upgrade on October 15, and the total supply of VIC will increase to 210 million

Viction said in a post on X that a hard fork upgrade is expected on October 15, 2024, after which the total supply of VIC will increase from 100 million to 210 million, which will be distributed over the next 16 years. The team will add 20 million VIC to the circulating supply on October 15 to support the first round of ecological plans starting in the fourth quarter of 2024. The community will vote on how to use these funds. The highlights of this upgraded version of the token economics include: master node incentives; ecological funds for strategic partnerships, research and development, and grants for builders and communities.

Token unlocking:

Starknet (STRK) will unlock approximately 64 million tokens at 8:00 am Beijing time on October 15, accounting for 3.30% of the current circulation and worth approximately US$26 million.

Nym (NYM) will unlock approximately 2.73 million tokens at 8:00 am Beijing time on October 15, accounting for 0.34% of the current circulation and worth approximately $200,000.

October 16

Token unlocking:

Arbitrum (ARB) will unlock approximately 92.65 million tokens at 9:00 pm Beijing time on October 16, accounting for 2.56% of the current circulation and worth approximately US$49.4 million.

Eigenlayer (EIGEN) will unlock approximately 11.22 million tokens at 3:00 am Beijing time on October 16, accounting for 6.01% of the current circulation, with a value of approximately US$43.9 million.

Ethena (ENA) will unlock approximately 12.86 million tokens at 3:00 pm Beijing time on October 16, accounting for 0.47% of the current circulation and worth approximately US$4.4 million.

October 17

Exchange:

Coinbase International will launch Big Time perpetual futures contracts on October 17

Coinbase International Exchange and Coinbase Advanced will add support for Big Time perpetual futures contracts. The BIGTIME-PERP market will open on or after 17:30 Beijing time on October 17, 2024.

Crypto exchange Fairdesk will shut down, retaining only withdrawal function from October 17

Singapore cryptocurrency exchange Fairdesk announced that it will officially shut down all services on November 30, 2024 due to policy and regulatory issues. Since its establishment in 2021, Fairdesk has provided high-quality trading services to users in the United States and Canada, but with the changes in the regulatory environment, the platform has decided to close permanently. Users are required to liquidate their accounts (futures and spot positions) before October 17, after which the platform will only retain the withdrawal function until it is closed on November 30.

Project dynamics:

Web3 game Seraph announces PTR test/S1 season launch code distribution rules, snapshot will be taken on October 10, and official test will start on October 17

The large-scale Web3 game Seraph announced that it will officially start a new round of PTR testing at 11:00 (UTC+8) on October 17, 2024, to prepare for the upcoming S1 official season, and introduce the launch code rules in the PRT test and S1 season. In the launch code rules, only users who hold equipment NFT, SPP and PFP will obtain the launch code 1:1 according to the number of assets, and the snapshot time is October 10, 2024 16:00 (UTC+8). In addition, the official announcement stated that the launch code can be used for both the PTR test and the S1 season, and only needs to be activated once. Accounts launched during the PTR test phase will receive additional rewards in the S1 official season. After the PTR test is over, the launch code can still be used as a gift code to start receiving exclusive rewards in the S1 official season.

Latest Ethereum ACDE meeting: Pectra Devnet 4 planned to be launched before October 17

Christine Kim, vice president of research at Galaxy, summarized the main points of the 198th Ethereum Core Developer Executive (ACDE) conference call: 1. Developers are debugging Pectra Devnet 3; 2. Developers plan to launch Pectra Devnet 4 by next Thursday (October 17); 3. There are 2 new EIPs to consider in Pectra, namely EIP 7782 and 7783, both of which aim to improve L1 scalability.

deBridge expects to launch the DBR token via Jupiter’s LFG Launchpad on October 17

Cross-chain interoperability protocol deBridge unveiled its DBR token plans in May, aiming to decentralize governance to the community, with control to be handed over to the DAO. Once deBridge’s delegated staking and penalty modules are activated, DBR tokens can be staked to support its validators. DBR is expected to launch on October 17 through Jupiter’s LFG Launchpad. deBridge’s token distribution plan allocates 20% of the total supply of 10 billion to the community, with a circulating supply of 1.8 billion DBR at launch. Of the remaining supply, 26% is allocated to ecosystem support, 20% to core contributors, 17% to strategic partners, 15% to the deBridge Foundation, and 2% to validators. The launch of DBR follows the launch of the deBridge Points program — a program that retroactively distributes rewards to existing users based on their past activity.

Governance Voting:

The ApeCoin DAO community intends to disband four non-essential working groups, and the proposal voting will end on October 17

According to the AIP-466 proposal released by ApeCoin DAO, it is recommended to disband the following non-essential working groups: Governance Working Group, Market and Communication Working Group, Metaverse Working Group, and Web3 Development Working Group. The proposal points out that these working groups cost the DAO nearly $3 million per year, and their tasks are performed inefficiently. In addition, the funds of the ApeCoin Foundation are rapidly decreasing. In order to reduce financial pressure, the proposal recommends outsourcing relevant functions to a third-party team and recruiting a team that meets the standards of transparency and responsibility through a request for proposal (RFP) process, thereby optimizing the operational efficiency of the DAO. The voting end date for the proposal is October 17, and the current voting approval rate is 98.19%.

Community Activities:

The 2024 Shanghai Blockchain Week initiated by Wanxiang Blockchain Lab has started, and the "10th Blockchain Global Summit" will be held on October 17

The 2024 Shanghai Blockchain Week initiated by Wanxiang Blockchain Lab will be held in October. On October 17, the "10th Blockchain Global Summit" hosted by Wanxiang Blockchain Lab will be held at the Shanghai Innovation and Creative Design Institute (former site of Leshide Institute of Technology, No. 505, East Changzhi Road). From October 11 to 19, dozens of side events such as technology sharing and project demonstrations, art markets, academic seminars, etc. are also planned to be held at various venues in Hongkou, Shanghai.

Token unlocking:

ApeCoin (APE) will unlock about 15.6 million tokens at 8:30 pm Beijing time on October 17, accounting for 2.31% of the current circulation and worth about US$11.2 million.

Cardano (ADA) will unlock approximately 18.53 million tokens at 8:00 am Beijing time on October 17, accounting for 0.05% of the current circulation, with a value of approximately US$6.5 million.

Echelon Prime (PRIME) will unlock 750,000 tokens at 8:00 am Beijing time on October 17, accounting for 1.57% of the current circulation and worth approximately US$6.1 million.

Astar (ASTR) will unlock approximately 9.72 million tokens at 8:00 am Beijing time on October 17, accounting for 0.13% of the current circulation and worth approximately US$580,000.

October 18

Exchange:

Binance supports Orion (ORN) mainnet swap and brand upgrade, and will open LUMIA/USDT spot trading on October 18

Binance will support the Orion (ORN) mainnet swap and brand upgrade to Lumia (LUMIA). Binance will stop trading and delist all existing ORN spot trading pairs (ORN/BTC and ORN/USDT) at 11:00 (ET) on October 15, 2024, and will automatically remove all pending orders. Binance will open LUMIA/USDT spot trading at 17:00 (ET) on October 18, 2024.

Project dynamics:

WalletConnect Foundation announces Season 1 WCT airdrop, users must register before October 18

The WalletConnect Foundation will be launching Season 1 WCT airdrops for certain early users and contributors. If you have ever connected your mobile wallet to an app using WalletConnect (either by scanning a QR code or using the "Connect via WalletConnect" button), you may be eligible for the WCT airdrop, provided you register before October 18th.

October 19

Project dynamics:

Scroll: The SCR airdrop snapshot is planned to be conducted on October 19, and the collection time is October 22

Ethereum Layer2 network Scroll announced the token distribution design details on the X platform. The total supply of tokens is 1 billion SCR, the airdrop snapshot date is October 19, 2024, and the token release date and airdrop claim time are October 22, 2024. Scroll said that SCR will be used as the main governance mechanism of the protocol and will develop into a protocol utility token as Scroll becomes more decentralized. More details about the SCR token release and airdrop claim will be shared in the next few days.

Token unlocking:

Pixels (PIXEL) will unlock approximately 54.38 million tokens at 6:00 pm Beijing time on October 19, accounting for 7.05% of the current circulation and worth approximately US$7.2 million.

October 20

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