🚨What happened in crypto in the last 12 hours? 🚨
- $ASI token merge
- $HOPR GnosisVPN
- $JUP JupSOL
- $OGN $OGV token merge
- $RDNT total supply +50%
- $VR early access
- $XAI staking pool
👇
• According to @ki_young_ju, Ethena's reserve fund can handle long-term negative funding rates, just like the FTX/LUNA scenario in 2022, as long as its market cap stays below $3B (currently $2.4B). $ENA
• $FET $OCEAN $AGIX - The Alliance for Artificial Superintelligence has confirmed the $ASI token merge. The $ASI token is expected to launch on May 24th.
• $JUP - Jupiter has announced JupSOL, Solana’s yield-based LST, delegated to Jupiter validators in a trustless manner with 0% fees and 100% MEV rebates.
• $HOPR - Gnosis’s GIP-98 proposal has been launched. Governance proposes to invest HOPR to develop GnosisVPN.
• $OGN $OGV - The proposal to merge OGV and OGN tokens has been accepted by the Origin DeFi DAO. The OGV migration will go live in mid-May.
• $OPEN - Qredo has rebranded to Open Custody Protocol $OPEN.
• $RDNT - Radiant Capital’s RFP-33 governance is in progress. The proposal seeks to increase the total supply of RDNT by 50% to support new chain expansion and the launch of Radiant V3. Currently, the vote is around 50% in favor and the vote will end in two days.
• $PORTAL - Portal announced that @Astra__Nova is coming soon.
• $TIA - According to @JoshuaDecker, an additional $130M TIA was staked between April 8th and 9th. This could indicate a staking<span airdrop is coming soon.
• $VR - Victoria VR will launch early access to its VR metaverse Asugea on May 14th.
• $XAI - XAI announced that the Xai staking pool is live.
