Planet Daily | ZK Sync will start airdrop next week; JPMorgan Chase: Market consensus believes that Trump will win the election (June 12)

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Trump has pledged to support cryptocurrency mining operations.

Planet Daily | ZK Sync will start airdrop next week; JPMorgan Chase: Market consensus believes that Trump will win the election (June 12)


ZKsync Association to airdrop 3.675 billion ZK tokens to early users and contributors next week

ZKsync recently announced that it will airdrop 3.675 billion ZK tokens to early users and contributors next week, accounting for 17.5% of the total supply of 21 billion ZK tokens. And this will be a one-time airdrop, and users will be able to claim tokens starting next week, and the deadline is January 3, 2025. Early contributors will be able to claim from June 24. Another 49.1% of the token supply will be distributed through the ecosystem plan, of which 17.2% will be allocated to investors and 16.1% will be allocated to the Matter Labs team.
The ZKsync Association said in a statement: The airdrop of more tokens to the community than to the Matter Labs team and investors is not just a symbolic decision. When the ZKsync governance system is launched in the coming weeks, the community will have the largest supply of liquidity tokens to guide protocol governance upgrades. In addition, there are 695,232 wallets shortlisted for this airdrop. The eligibility and allocation of the airdrop are based on the ZKsync Era and ZKsync Lite activity snapshot taken at 0:00 UTC on March 24, 2024, which marks the first anniversary of the launch of the ZKsync Era mainnet. 17.5% of the ZK airdrop is allocated to two groups of community members-early users (89%) and early contributors (11%).

JPMorgan Chase: Market consensus is that Trump will return to the White House

JPMorgan said in a note to clients that the consensus is that former US President Donald Trump will win the White House, Republicans will win the Senate and Democrats will win the House of Representatives. Investors remain optimistic about the impact of the US election on the market, with JPMorgan adding that only 12% of JPMorgan survey respondents believe the US election is the biggest threat to the market.

Trump pledges support for cryptocurrency mining

Trump met with the CEO of Bitcoin Magazine and representatives of US Bitcoin mining companies and pledged to support cryptocurrency mining operations.

Industry News

Coinbase Pro Bitcoin wallet balance exceeds 890,000, ranking first among CEXs

Coinglass data shows that the current balance of Coinbase Pros Bitcoin wallet is 890,755.02, ranking first among CEXs; 130.71 coins flowed in in the past 24 hours, 2469.06 coins flowed in in the past 7 days, and 24079.87 coins flowed out in the past 30 days.
The balance of Binance Bitcoin wallet is 583,221.88 coins, with an inflow of 1540.11 coins in the past 24 hours, an inflow of 2853.88 coins in the past 7 days, and an outflow of 3372.23 coins in the past 30 days.
The balance of Bitfinexs Bitcoin wallet is 391,917.99 coins, with an outflow of 245.74 coins in the past 24 hours, an outflow of 515.79 coins in the past 7 days, and an inflow of 7833.79 coins in the past 30 days.
The balance of OKX Bitcoin wallet is 132,333.72 coins, with an outflow of 976.35 coins in the past 24 hours, 7457.21 coins in the past 7 days, and 5099.67 coins in the past 30 days.

BlackRock IBIT holdings exceed 305,000 Bitcoins

BlackRock officially updated the spot Bitcoin ETF data. As of June 10, the market value of IBIT reached US$21,243,465,407.99, and the holdings reached 305,067.8293304,976.7378 BTC, an increase of approximately 91 bitcoins from the previous trading day.

Circle CEO: USDC operates in compliance with the EU MiCA compliance framework

Circle co-founder and CEO Jeremy Allaire posted on the X platform that the EU MiCA regulations will take effect on June 30, the momentum of on-chain capital markets continues, and USDC can be used with tokenized on-chain bonds, all of which operate within a compliant framework.

Project News

ZKSync: Meeting the airdrop criteria does not mean you will receive an airdrop. All decisions are made at the sole discretion of the association.

According to the terms and conditions of the ZKSync airdrop claiming interface, meeting one or more of the above airdrop criteria does not constitute a legal right or claim to receive an airdrop, and all decisions related to airdrop allocations are at the sole discretion of the ZKSync Association. In addition, ZKSync stated that by participating in the airdrop, participants expressly acknowledge and assume all risks associated therewith, including (but not limited to) the following risks: In no event shall the ZKSync Association or any of its directors, executive employees, representatives, consultants or agents be liable for any claims, losses, damages or other liabilities, whether in contract tort or otherwise arising from the airdrop or the minting and claiming of any ZK token.

Sushi announces Sushi Labs and releases roadmap

According to official news, Sushi announced the launch of Sushi Labs, which will develop a multi-token product suite, execute Sushis ecological strategy, and explore solutions to enhance Sushis products. Sushi Labs also announced a roadmap, with key projects including Route Processor, a multi-token product suite, and Susa (a perpetual contract DEX based on ETH).

LayerZero CEO: Airdrop qualification criteria focus on real, lasting users and fair, optimal distribution

LayerZero CEO Bryan Pellegrino said in a post on Platform X: “Here’s how we’re currently thinking about eligibility from a broad perspective. The focus is obviously on real users, and the most consistent, persistent users that are the fairest and most widely distributed.
This is largely inspired by the results of the witch process, and any real final definition will come directly from LayerZero, not me.
The initial number of wallets is 6 million, and 3 million wallets have less than 5 transactions, so these wallets should be seriously considered. All transactions below $1.00 will be downgraded by 80%, but still calculated at 1/5 of normal transactions, and the same is true for all worthless NFTs.
Transactions are then normalized by the protocol fee, with the minimum value of this being the eligibility criteria, as is the maximum/cap, based on a multiplier for early use.
In general: eliminate witches, eliminate junk transactions, semi-linear caps, reward early users, reward persistent users, reward all non-standard protocol interactions such as LPs through RFPs, and focus on the fairest and most optimal distribution of the protocol.

Farcaster protocol revenue exceeds $1.7 million, total user base exceeds 480,000

Dune data shows that the total revenue of the decentralized social protocol Farcaster has exceeded US$1.7 million, currently standing at US$1,714,414, with a total number of users reaching 480,814.

deBridge ARB Horizon plan is launched, and 1 million ARB will be distributed to its ecosystem users and DApps

deBridge announced on the X platform that deBridge ARB Horizon is now online and will distribute 1,000,000 ARB to the entire deBridge ecosystem users and DApps.
ARB Horizon is a growth program designed to drive adoption of Arbitrum by users and builders. Over a 12-week period, deBridge will distribute 1 million ARB to users of the deBridge app and teams integrating the deBridge Widget, deBridge API, or dePort. will stop supporting BNB Beacon Chain (BEP 2) starting June 14 announced on the X platform that it will stop supporting the BNB Beacon Chain (BEP 2).
On June 14, 2024, according to the BEP 2 network’s sunset plan, all token deposits and withdrawals currently available in the BNB Beacon Chain (BEP 2) network account wallet will be stopped. warns that depositing any tokens into the BEP 2 network after this date may result in irreparable loss of user assets. Before submitting a transaction, be sure to carefully check the wallet address and select the network, and do not directly use a previously saved address.

Optimism: Fault Proof is launched on OP Mainnet, and OP Stack reaches the first stage of decentralization

Optimism announced on the X platform that its open source, permissionless fault proof has been launched on OP Mainnet, and OP Stack has reached the first stage of decentralization. Soon more OP Stack Chains will be upgraded to include this feature, with the first projects being Base, Metal, Mode and Zora.
Fault proofs allow the withdrawal of ETH and ERC-20 tokens from the OP Mainnet without the need for a trusted third party, enabling users to challenge and delete invalid withdrawals, contributing to the security of the Superchain.
In the coming months, more proof systems will be launched on the testnet, including Asterisc and Kona. Proving the reliability and robustness of these redundant proof schemes will help the hyperchain reach the second stage of decentralization, managed only by smart contracts.

Security Risk

YOLO Games: Due to a vulnerability in the Bazaar LBP smart contract, YOLO LBP was terminated early and refunds will be given to affected users

Blast ecosystem game platform YOLO Games posted on the X platform at around 4 a.m. today that the YOLO LBP sale ended early due to a security vulnerability reported in the Bazaar LBP smart contract. Users will no longer be able to participate in LBP. Any user who purchased and held rYOLO during the sale will receive an ETH refund based on the amount spent, and the incident will be sorted out in the next few days.
YOLO Games will investigate this issue with the Bazaar and Blast teams and will provide further updates later.

UniSat: Rune indexing issues fixed, Transfer functionality restored

UniSat posted on the X platform that the rune indexing issue has been fixed and the Transfer function has returned to normal.
Half an hour ago, UniSat announced that there was an issue with the Rune Index and the Transfer function would be suspended. It is expected to be fixed within two hours.

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