He announced that Unizen will deposit 246 million ZCX tokens into the destruction and airdrop plan. Hydration announced that it received 2 million DOT Coins from the Polkadot treasury. Wintermute deposited $2 million worth of ARB to Binance. And more…
There is news from DOT Coin and 4 altcoins!
Unizen will invest 246 million ZCX tokens in destruction and airdrop plan
The cross-chain aggregator announced that Unizen will deposit 246 million ZCX tokens into the destruction and airdrop plan. This measure is equivalent to approximately 36% of the supply in circulation. The project will use this to reward community members who participate in the interaction. Additionally, it will carry out future activities in stages.
MAJOR NEWS!
🚀Unizen is thrilled to announce a groundbreaking initiative to reward and engage our amazing community!
We're committing ~246 million $ZCX tokens (~36% of the circulating supply) to a combined burn and airdrop program, sparking exciting incentives for social and…
— unizen (@unizen_io) June 10, 2024
Squads completes $10 million series A financing
Solana-based multi-signature protocol Squads has completed a $10 million Series A round of financing, with Electric Capital, Coinbase Ventures, Placeholder VC, RockawayX, L1 Digital and Helius co-founder and CEO and Odyssey Ventures founder Mert Mumtaz participating in this round of financing. The company had previously raised $12.5 million across three financing types.
Polkadot (DOT Coin) allocates $14.4 million to Hydration
Polkadot (DOT Coin) ecosystem DeFi project Hydration announced that it received 2 million DOT Coins from the Polkadot treasury. This amount is equivalent to $14.4 million. Specifically, it will spend the funds to improve the liquidity and trading efficiency of Hydration’s liquidity supply platform, Omnipool. Polkadot will spend one million DOT Coins within a year to attract new liquidity to the ecosystem.
![](https://kriptokoin.com/wp-content/uploads/2023/08/Haber-Geldi-Devrim-Yaratan-En-Iyi-Polkadot-Projeleri-1200x688.png)
Additionally, primary rewards for liquidity providers (LPs) will exceed the 200% APY limit. Thanks to Hydration Omnopool’s one-sided LP design, users will start receiving rewards after providing a single asset and participating in the incentive farm. Incentive assets include native stablecoins DOT, BTC and various ecosystem tokens. The remaining 1 million DOT Coins will be injected directly into the Hydration Omnipool itself, with the goal of supporting the creation of a strong and accessible local liquidity layer.
Wintermute transferred a large ARB to Binance!
Wintermute, a major market maker, deposited $2 million worth of Arbitrum (ARB) on Binance. Wintermute processed the deposit process through three wallets. This is obvious cryptokoin.com As you follow from , the marketer recently withdrew these tokens from Coinbase. This transfer is seen as a strategy by Wintermute to influence ARB’s liquidity and market presence on Binance. According to analysts, it is possible that this breakthrough may lead to a downward movement in the AR price.
3 hours ago, 3 wallets (belongs to @wintermute_t) just deposited 12.3M $ARB (~$12M) to #Binance.
All those above tokens were withdrawn from #Coinbase 2 days ago.
Addresses:https://t.co/GzRXyGvgbkhttps://t.co/KBkaq4So8Fhttps://t.co/JUvjYTDiAE pic.twitter.com/6NdEGuJi1P
— The Data Nerd (@OnchainDataNerd) June 10, 2024
ZkSync introduces ZK Nation
ZkSync, an Ethereum Layer-2 network developed by Matter Labs, has introduced a new community-driven governance system called ZK Nation. “ZK Nation is a community driven by a common purpose to govern, defend and grow the zkSync protocol,” ZK Nation said in a statement. Meanwhile, the project stated in the announcement that it would adopt a new governance system. The aim of this system will be to maintain the project’s decentralization guarantees.
Join ZK Nation.
Read the blog to learn about ZKsync’s governance system and how to contribute to the protocol’s evolution. https://t.co/t3HIZ5bJZs
— ZKsync (∎, ∆) (@zksync) June 10, 2024