TOP 10 #TVL ON #ZKSYNCERA

#Sygnum $SYNC $XVS #KelpDAO $AAVE $ZF $KOI $ZERO $CAKE #MAV

Kelp DAO, an Ethereum liquid restaking (LRT) project on EigenLayer, has raised $9 million in a Private funding round.

#kelp #KelpDAO #pizzaday #MicroStrategy #buythedip

Kelp DAO has submitted a new proposal (ARFC) to add its liquidity re-pledge token rsETH to Aave V3 on the Ethereum blockchain.

#kelp #KelpDAO #AaveProtocol #rseth #ETHETFS

Liquid restaking is rapidly growing, reaching $13.9B in TVL, marking a 4822.8% increase in 2024.
#EtherFi leads with a 44.9% market share, followed by
#pufferfinance , #KelpDAO and others.

#restaking #TrendingTopic

Anon, you’ve got THREE days left to join us under ‘da sea with #KelpDAO and take home a big fat stack of $xKIM rewards. 

What are you waiting for? It’s the weekend. Nobody in crypto has friends.

Provide liquidity. Get dank rewards.

Binance Labs Announces Latest Altcoin Investment! Worker Chose This Project for Ethereum Scaling!

Binance Labs, the $10 billion venture capital arm of giant cryptocurrency exchange Binance, announced an undisclosed investment in Ethereum Layer 2 network developer Zircuit. Zircuit is known for its innovative zero-knowledge (ZK) collection technology and offers “AI-enabled sequencer-level security.” This investment aims to support the growth of Zircuit and the further development of its network as it prepares for its mainnet launch this summer.

Zircuit is an Ethereum Virtual Machine (EVM) compatible ZK rollup and sits alongside projects like ZKsync, Scroll and Linea. What sets Zircuit apart is its focus on sequencer-level security, a feature highlighted by Martin Derka, the project's co-founder and a former executive at Quantstamp.

In traditional Blockchain systems, block proposers prioritize transactions based on availability. In contrast, Zircuit's sequencer uses artificial intelligence to examine transactions before they are included in blocks, identifying and isolating potential attacks.

The primary purpose of this sequencer-level security is to prevent hacks and other attacks, thus providing a safer environment for developers and users. Derka explained that transactions identified as hacks are quarantined and not included in blocks, thus ensuring a safe transaction process within the Zircuit ecosystem.

Founded in mid-2022, Zircuit is currently in the test network phase. The testnet was launched at the DevConnect 2023 event held in Istanbul last November, and the mainnet is expected to go live in the coming months. Although still in the testnet phase, Zircuit has already attracted a lot of attention with claims of over $3.5 billion in staked assets.

The “Build to Earn” program received more than 1,100 applications, and the project has established partnerships with many notable organizations, including #Ethena , #Renzo , Ether.fi, #KelpDAO , #Elixir , #Ambient , Pendle and LayerZero.
$BTC $ETH

#write2earn Last week update in the DeFi world

$UNI $STRK $ETH

#Uniswap shakes up the DeFi scene with a governance proposal aiming to introduce a long-awaited revenue share for UNI stakers. Meanwhile, Ethena's launch on Ethereum's mainnet, along with its Shard Campaign, and Sushi's innovative Sushi Bonds, mark significant developments in the crypto space.
Despite fluctuations in various altcoins and ecosystem tokens, Total Value Locked (TVL) across all chains continues to rise. Noteworthy performers include #StarkNet and Scroll, both witnessing increased inflows and activity.
In Alpha Central, anticipation builds for Blast L2's upcoming mainnet launch, positioning it to become the second-largest L2 by TVL. Projects spanning decentralized exchanges (DEXs), money markets, NFT marketplaces, and more are thriving on the Blast testnet.
Ethereum sees Uniswap Foundation proposing a fee switch for UNI stakers, potentially sparking renewed interest in DeFi tokens. Ethena Labs' debut brings the Shard Campaign, allowing users to earn Shards through various activities, while other launches like Frax Finance's snapshot for FXS lockers and Gearbox's leveraged #EigenLayer restaking offer further opportunities.
Across various protocols, innovations abound, from #KelpDAO 's Kelp Earned Points system to Across Protocol's release of Across V3 bridge upgrades. Additionally, Sushi introduces Sushi Bonds to encourage sticky liquidity, while Blast announces winners for the Big Bang competition.
In Cosmos, Dymension AMM launches, facilitating token swapping across RollApps, while Osmosis now natively supports Wrapped BTC (WBTC). And on Linea, Linea Park kicks off, inviting participants to explore gaming and social applications.
Airdrops remain a significant aspect, with StarkNet opening claims for the STRK token airdrop and Optimism distributing OP tokens to eligible NFT creators. Jupiter also announces a $100K reward airdrop for top users on the Solana Mobile 2 leaderboard.

Kelp announced a 2-week event called "KelpCon" organized by Kelp DAO, Rho Markets, and Scroll.

The event aims to promote the use of wrsETH (Scroll's native token) in the Rho Markets supply pool and increase user engagement and visibility for Scroll and Kelp DAO.

Participants can earn rewards such as Scroll Marks, RXP, Eigen Points, and Kelp Miles by providing wrsETH assets in the Rho Markets supply pool.

#kelp #KelpDAO #scroll #rhomarket #BinanceTournament

Airel, Sebastian, Kim, and you!

This LRT week, we’re heading unda’ ‘da sea with @KelpDAO 🎉
So, wtf does that mean for you?

Simple: 194,000 $xKIM rewards for rsETH <> ETH liquidity providers.

Earn, earn, and earn again with LRTs on Kim.

#Optimism #LRT #LST #KelpDAO #kelp