DeFi: $225MM airdrop from Solana's liquid staking derivative

Dec 14, 2023  · DeFi: $225MM airdrop from Solana's liquid staking derivative protocol Jito Solana's daily DEX volume is over $1B, second only to Ethereum, and more than BNB and …


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DeFi: $225MM Airdrop From Solana's Liquid Staking Derivative

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Dec 14, 2023  · DeFi: $225MM airdrop from Solana's liquid staking derivative protocol Jito Solana's daily DEX volume is over $1B, second only to Ethereum, and more than BNB and …

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Solana-Based DeFi Protocol Jito Airdrops $225M Free

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Dec 8, 2023  · Jito, a decentralized finance liquid staking protocol based on the Solana (SOL) ecosystem, started the distribution of its long-awaited airdrop on Thursday, sharing a total of …

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Week In DeFi: Solana Airdrop Season In Full Swing

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Dominant Solana liquid staking protocol, Jito, announces their upcoming token, JTO, and retrospective airdrop. 10% of the total supply, or 100 million tokens, will be used for the …

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DeFi: Jupiter Breaks Solana's Airdrop Records - Substack

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Feb 8, 2024  · DeFi: Jupiter airdrops $700MM to Solana users, top 10 largest of all time And yet Solana went down again. ... $225MM airdrop from Solana's liquid staking derivative protocol …

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Solana Project With $1bn In Deposits Aims To Reward ‘true Believers ...

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Jun 6, 2024  · The Solana community is praising liquid staking protocol Sanctum after it revealed details for its token launch and promised to ditch the predatory tactics that have marred other …

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

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FAQs about DeFi: $225MM airdrop from Solana's liquid staking derivative Coupon?

Are airdrops an ingredient in a Defi ecosystem growth recipe?

Airdrops being an ingredient in a DeFi ecosystem growth recipe is not new in DeFi. Ethereum’s DEX volumes increased in five of the six months following a September 2020 airdrop from Uniswap, the network’s largest DeFi protocol. Liquid staking appeared to slow down on Solana during the growth in DEX interest. ...

Did liquid staking slow down on Solana?

Liquid staking appeared to slow down on Solana during the growth in DEX interest. A Dune Analytics dashboard shows the total amount of Solana staked shrunk by more than 2 million solana in the past week. Jito has seen five straight days of cumulative outflows, per DeFiLlama. ...

What's going on with Solana Defi & defillama in December?

DeFiLlama data shows December DEX volume on Solana beating the previous monthly high, set in November, by almost triple. The volume growth came on the heels of two large airdrops in Solana DeFi, while a third airdrop looms. ...

How many Defi tokens have been claimed in Solana?

Even with an extended claim window, 60% of the recently released tokens, amounting to 54 million out of 90 million, were claimed within the first four hours of the airdrop, according to data on Flipside Crypto. Meanwhile, the protocol is not the first DeFi platform in Solana to airdrop its tokens to reward users for their contributions. ...

Why did Solana Defi grow so much?

The volume growth came on the heels of two large airdrops in Solana DeFi, while a third airdrop looms. Since DeFi caught on in force during 2021, Solana’s decentralized exchanges (DEXs) booked marginal volumes in comparison to DeFi’s main hub, Ethereum. The discrepancy worsened after Solana backer Sam Bankman-Fried was outed for fraud in late 2022. ...

What platforms are launching airdrops in the Solana ecosystem?

In this brief overview, we’ll explore some key platforms within the Solana ecosystem that have announced or are speculated to announce airdrops soon. These range from decentralized exchanges (DEXs) and finance protocols to NFT marketplaces and wallet services. ...

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