Tag: Front page
Increased Rewards for Loyal Users
Renzo, a leading liquid restaking protocol, listened to its community’s concerns and made significant adjustments to its upcoming REZ airdrop. Here’s a breakdown of the changes:
More Tokens for Season 1 Farmers: The allocation for Season 1 ezPoints holders has been bumped up to 7% from the original 5%. This signifies a commitment to rewarding users who participated early in the...
Renzo’s Restaked ETH Depegs to $700: DeFi Platforms Gearbox and Morpho Face Liquidations
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Renzo’s Restaked Ether (ezETH) experienced a depeg to $700, causing significant liquidations across DeFi platforms.
Gearbox and Morpho Labs were among the platforms affected by the depegging event.
The depeg was primarily attributed to the end of Season 1 of Renzo’s airdrop.
Renzo Protocol, the second-largest liquid re-staking protocol, holds $3.3 billion in total value locked (TVL).
DeFi Platforms Gearbox and Morpho...
Bitcoin Network Fees Soar as Runes Launch Nears
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Bitcoin network fees increase significantly as Runes launch and halving event nears.
Runes protocol set to launch at Bitcoin block height 840,000, coinciding with halving.
Transaction fees on the Bitcoin network quadruple in the past week.
Runes expected to introduce new fungible token standard, leading to a scramble for minting.
Bitcoin halving event is scheduled to occur on April 20, cutting miner rewards in half.
The...
Bitcoin’s 2024 Halving: Price Expectation
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The countdown to Bitcoin’s 2024 halving event is nearing its end, with the event expected to occur in just a couple of days. This quadrennial event is significant as it will reduce the per-block emission of Bitcoin to 3.125 BTC, effectively cutting the pace of new supply by 50%. This event has historically had substantial impacts on the price of Bitcoin, and the anticipation for this year’s halving is no different.
The Mechanism of...
Altcoin market bleeds
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The fall
The altcoin market has experienced a notable downturn as of Friday, April 12, 2023, with many altcoins losing a significant portion of their value up to 50% in some cases, especially the riskier ones like meme coins.. This can be seen in the widespread panic selling and the rapid decline in the market capitalization of many altcoins.
A hypothesis of what happened
The hypothesis: It’s difficult to determine whether this...






