✅ Ether.fi Liquid Restaking Protocol DAO is voting on a proposal to allocate 5% of the protocol's monthly revenue to purchase the ETHFI governance token
According to the plan, part of these tokens will be sent to the DAO treasury, and the other part will be sent to the Curve liquidity pool
The main goal of this proposal is to increase the confidence of new users and increase the liquidity of the token
Voting will close on June 24, and with the current 99.8% of votes in favor, the proposal will pass
Ether.fi allows you to stake ETH without losing control of your assets through the issuance of an eETH derivative token.
It can be used to earn extra money by re-staking in other DeFi applications, or simply for trading
💸 Meanwhile, Aave lending protocol votes 100% in favor of adding zkSync network support
🤑 Bitcoin miner reserves hit lowest level since February 2010
At the beginning of the year, miners stored 1.95 million BTC, but six months later this figure dropped to 1.9 million BTC (approximately $135 billion)
Given the impact of halving on the profitability of miners, it is likely that many of them will begin to sell off their reserves
However, historically, miners exited the market gradually, which did not put so much pressure on the price
IntoTheBlock also noted that the addresses holding unrealized profits are mainly concentrated in BTC (89%) and ETH (83%)
At the same time, there are also profitable positions in the memcoin market, while altcoins are still waiting in the wings
0️⃣ LayerZero unveils ZRO tokenomics
Thus, the total supply will be 1 billion tokens, of which:
• 38.3% will go to the community (users, developers and foundation)
• 32.2% will go to investors and partners with monthly unlocking of tokens for 3 years
• 25.5% allocated to LayerZero creators, including current and future team members, unlocked monthly for 2 years
• 4% will be bought back and given to the community
25% of the total supply will be unlocked today
And after 15 minutes, the distribution of tokens to wallets will begin, and then trading on the main crypto exchanges will start
🎭 Binance co-founder He Yi said that in future token launches through Launchpool, long-term BNB holders will benefit
Details about the holder support program have not yet been disclosed
🇦🇺 The first day of trading for the spot Bitcoin ETF from VanEck (VBTC) has ended on Australia’s largest exchange, the ASX.
The ETF has an annual management fee of 0.59%, and in the first day the fund raised $656,000 USD with a total trading volume of $1.32 million
Another Cboe Australia-listed fund, IBTC, added $22,158
Yesterday was a holiday in the USA, so there was no trading