Celestia airdrop coverage is relatively evenly distributed; there is also a heated debate over whether the Mixin theft incident is a black rhino or a black swan incident.
Written by: Frank, Foresight News
Chart: Kiet, Foresight News
Note: "Weekly Hot Searches" counts user search results from Foresight News from last Friday to this Friday (September 22 to September 28), and the upper and lower cases of the same concept are combined.
Modular blockchain "Celestia" topped the list this week, mainly due to the launch of the Genesis Drop (recommended reading "Quick Reading of Celestia Token Economics and Airdrop Details"), which is also another rare airdrop in recent times. star project.
Among them, the total supply of Celstia's native token TIA is 1 billion, 7.4% of which is allocated for the Genesis airdrop and incentivized testnet. The Genesis airdrop targets 7,579 developers and 576,653 on-chain addresses on Ethereum Rollups, Cosmos Hub and Osmosis. The airdrops are distributed to developers, ecological project contributors, ordinary users, pledgers, etc.
Especially for developers and Ethereum Rollups users, as a heavyweight project in the Cosmos universe, the coverage of Celestia's airdrop rules (not to mention the quantity) seems to be very evenly distributed overall.
In addition, "Mixin" followed closely and suffered a rather bizarre theft this week. The database of the Mixin Network cloud service provider was hacked, resulting in the loss of some assets on the main network. The initial reported amount of funds involved was as high as US$200 million, and most of the damaged assets were Bitcoin core assets. This is undoubtedly one of the most serious security incidents in recent times (recommended timeline reading "US$200 million stolen, Mixin's turmoil continues").
The concept of "cloud service provider data" is relatively counter-intuitive to blockchain, and the close ties between Mixin Network and Li Xiaolai and others have caused public opinion to be abuzz with various speculations about the theft - it is nothing more than a debate about whether the theft was a black rhino or a black swan event.
Regardless of the truth, the victims of this security incident are almost all Bitcoin investors who have been investing for many years, which is tragic. Mixin quickly announced that it would "pay up to 50% of the losses, and the rest will be paid in the form of bond tokens, and repurchase with profits" when there was no specific plan to recover the stolen assets, which further intensified the market's doubts (recommended reading "US$200 million stolen, a deep dive into the stories behind Mixin").
As of the time of writing, Mixin stated that it has completed most of the asset inventory work and the situation is much more optimistic than expected. The losses are not as serious as estimated. Users can receive compensation in the following proportions: Bitcoin (90%), Ethereum (30%), and ERC-20 format USDT (10%). On the contrary, Bitcoin, which has suffered the most serious losses, has the highest compensation ratio.
Overall, the incident gave people a feeling of being "abrupt" - it happened quickly and seemed to be in a hurry to end as soon as possible. Subsequent developments are worth continuing to track.
In addition, there was no major project progress news for "Maverick", which ranked among the top three this week; LSD derivative track projects "LBR" and "Raft" also continued to be on the list, once again demonstrating that the popularity of this track is constantly rising.
The migration deadline for Lybra V1 is also approaching - at 8:00 am Beijing time on October 1, any V1 LBR that has not been migrated before the deadline will be permanently destroyed from the circulating supply. Currently, the TVL of Lybra Finance V2 has quickly rushed to 180 million US dollars, and the total TVL has reached 220 million US dollars. As long as you don’t look at the secondary market price, everything is still thriving.
Interestingly, the data performance of "Gamma Swap", a familiar face in recent weeks, is decent. Sushi LP obtained through GammaSwap earns more than direct Sushi LP without incentives. In the past 24 hours, the income of Sushi LP obtained through GammaSwap exceeded that of direct Sushi LP.
There was no major project progress news for "Gamma.io", "Pulse Chain" and "Raiser" this week.
The discussion of Telegram robot track represented by "Unibot" remains hot, and Unibot has quickly launched the FriendTech Snipers robot for "friend.tech", which supports both user sniping and automatic sniping modes. In this competitive field, speed means everything - grasping user needs quickly and launching products even faster.
With the news that the Cancun upgrade may be postponed, the performance of "ARB" in the secondary market continues to be sluggish. However, Arbitrum's short-term incentive plan (STIP) has attracted a lot of attention from both inside and outside the community recently, and the application just ended at noon today. A total of about 100 projects have submitted relevant community proposals, with a total application amount of up to 100 million ARB.
In addition, the Odyssey event has also been restarted, with the first mission launched on GMX. The first week of missions will run from the early morning of September 27 to the early morning of October 2, Beijing time. The continued impact of these initiatives on the Arbitrum ecosystem is particularly noteworthy.
"Arkham" continues to be on the list, and there is not much news on the project progress; "MKR", as the leading project of RWA in recent months, has a very impressive price performance in the secondary market, and the data on capital inflows is also very good. It depends on whether RWA and MakerDAO can continue to become an important channel to promote the integration of DeFi and TradFi.
In addition to "Doubler" and "Starknet" on the Mirror hot search list this week, "ARC20" and "Dmail" are also new to the list this week. The author list has also been fully updated. Overall, the proportion of airdrop tutorials in the author category continues to decline:
1. LuMao Assistant (Airdrop Tutorial)
2. billysauce.eth (Market Watch)
3. Little Diamond LuMaoJi.eth (Airdrop Tutorial)
4.0xA8dE (Project Introduction)
5. DigiCN (Project Introduction)
6.Avilas (Project Introduction)
7.0x1b5B (Industry Observation)
8. Hokake (Project Introduction)
9.valioxyz.eth（Project Introduction）
10.0xDE90 (Airdrop Tutorial)