DapDap Weekly Market Alpha #21: Navigating Ethereum L2s

Good morning, DapDap community! 🤜🤛

Another week has flown by, and we're here to bring you the most essential updates of all things happening across Ethereum DeFi. Our aim? To ensure you have a bird's-eye view of the evolving Layer 2 market, including the latest updates on projects, products, and the occasional turbulence that captivates us degens.

News Highlights

  1. $ZRO LayerZero releases TGE Date (06.20.2024)

  2. Potential Ether ETF on July 2nd

  3. @Karak_Network introduces KUDA

  4. Curve’s Founder repaid 93% of his debt position following liquidation issues

  5. @azuroprotocol first snapshot $AZUR airdrop

  6. $AO Tokenomics

  7. @beefyfinance introduces Concentrated Liquidity

  8. $SUSHI Sushi Labs and new chapter with multi-token Ecosystem

  9. @Ripple announces RLUSD on XRP Ledger and Ethereum

  10. @CelestiaOrg Blobstream is now live on Ethereum Mainnet

Arbitrum

  1. @Arbitrum offers to reverse and revise GCP (Gaming Catalyst Program)

  2. @Arbitrum proposal for gaming grant passes

  3. Layer3 Introduces Races, new gamification program on Arbitrum

  4. Safe Account are now available on Arbitrum and Arbitrum Orbit

Base

  1. Farcaster might launch its own token according to analysts

  2. Hot Protocol supports Base on their Telegram-integrated MPC Wallets

  3. @base announces he thirteenth wave of 2024 Base Builder Grants

  4. $DEGEN is now live on Rarible on Base

Blast

  1. DapDap Gold Rush Campaign Reloaded

  2. @blast_l2 Gold Distribution 5 is now live

  3. @Yolo_Blast LBP on Bazaar paused, users to be refunded

  4. @blast_l2 is now live on Dune

  5. Thruster received 1.5m Blast Gold to distribute to users

  6. @sofamon_xyz is coming to Blast

zkSync

  1. Binance listed $ZK

  2. Uniswap deployed on zkSync after community request

  3. Sophon Farming opens June 18th

  4. $ZK Tokenomic Reveal

Linea

  1. @sidebot_ first Telegram bot on Linea in partnership with Biconomy

  2. @covalent_hq has committed $2.5M in grants to support web3 apps on Linea and Metamask

Mantle

  1. $cmETH, Teasor for a new Liquid Restaking Token on Mantle

  2. Vertex Protocol is now live on @0xMantle

  3. Particle Network is launching on Mantle, soon

Starknet

  1. @StarkWareLtd allowing L3s to be built on them soon

  2. $NSTR Snapshot and Airdrop

Scroll

  1. Introducing NURI, Scroll’’s next-gen DEX

  2. @RhoMarketsHQ is launching liquidity layer on Scroll

  3. @odosprotocol integrated Scroll Network

Polygon

  1. Polygon 1B POL Grant Program

  2. Privado ID becomes the latest project to spin out from Polygon Labs

  3. Introducing Polygon Governance Hub

NEAR

  1. NEAR Modular spins out to become @NuffleLabs

  2. @OrderlyNetwork launches airdrop allocation checker

  3. NEAR AI office hours with @ilblackdragon & @AlexSkidanov

    1. ilblackdragon shares User-Owned AI stack

New Products & Tokens

Chains

  1. $TABI - Modular Cosmos gaming L1 , releases Tokenomic

  2. Taiko Trailblazers - 12 Million TAIKO prize pool incentives for users

  3. Binance Labs invested in @ZircuitL2, an EVM-compatible zkRollup Layer 2 with security at the sequencer level.

dApps

  1. Farterminal - New channel tokens launch platform on Base

  2. $LAY3R - AutoLayer's Liquidity-Proxy Token

  3. $ZAP to be launched in Q4

  4. $ATH Token TGE and Aethir also goes live on Ethereum and Arbitrum Mainnet

That's it for this week's Intern market alpha! 📓 🤓

Stay stun for the next version 👀

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