kBTC Holders Receive BABY Airdrop, Redemption and Bridge Coming Soon
kBTC Holders Receive BABY Airdrop, Redemption and Bridge Coming Soon
馃巵 Free BABY for kBTC Holders
Babylon Labs has completed the initial $BABY airdrop distribution to eligible $kBTC holders. Those who haven't submitted their BBN addresses will have another opportunity to claim later.
Upcoming milestones for $kBTC:
- PancakeSwap pool seeding and redemption enablement
- Bridging functionality to Babylon chain
- Extension to additional chains
The airdrop was based on a March 13, 2025 snapshot, with 90% of Kinza's earned $BABY tokens distributed to kBTC holders on a time-weighted basis.
Eligible $kBTC holders have now received their @babylonlabs_io $BABY airdrop 馃獋 Eligible $kBTC holders who have not yet submitted their BBN address will have an opportunity to claim at a later date. Stay tuned for details. (1 of 2)
Puffer Finance Reaches $1B TVL in 16 Days After Launch
In a recent Real Yield Vision podcast episode, Jason from Puffer Finance discussed their innovative liquid staking solutions. Key highlights: - Puffer's validator ticket system enables ETH staking with just 12 ETH instead of 32 ETH - Their pre-confirmation AVS technology provides near-instant transaction confirmations on Ethereum rollups - $pufETH, their liquid staking token, allows users to maintain liquidity while staking - Kinza Finance supports $pufETH on both BNB Chain and Ethereum for lending and borrowing Puffer is evolving into a protocol launchpad to simplify new protocol launches with faster, cheaper transactions. [Listen to the full podcast](https://www.youtube.com/watch?v=sF54LfEqaUU)
Based Appchains Launch on Ethereum with Puffer Support
Ethereum's ecosystem is expanding with the introduction of Based Appchains, marking a significant development in blockchain infrastructure. - **Puffer** (@puffer_unifi) emerges as a key supporter in this new phase - Based Appchains aim to enhance Ethereum's scalability and application-specific functionality - The initiative represents a strategic move toward more specialized blockchain solutions This development signals growing maturity in Ethereum's layer-2 ecosystem, potentially offering developers new tools for building specialized applications.
Kinza Airdrop Points Season 2 Extended Until July 31st
Kinza Finance has announced an extension of their Airdrop Points Season 2 campaign. Users now have until July 31st, 2025 to participate and accumulate points. - Original deadline extended by three weeks - Campaign is part of Kinza's DeFi lending protocol initiatives - Further developments expected after campaign conclusion *Note: This extension provides additional opportunity for users to participate in the protocol's airdrop program.*
SEC Commissioner Atkins Discusses DeFi Future at Roundtable
SEC Commissioner Paul Atkins delivered remarks at a DeFi roundtable, highlighting key regulatory perspectives on decentralized finance. - Emphasized need for balanced approach to DeFi regulation - Acknowledged potential for innovation while addressing risk concerns - Discussed framework for determining securities classification in DeFi protocols The Commissioner's stance suggests a more nuanced regulatory approach compared to previous SEC positions. Industry participants noted this could signal a gradual shift toward clearer DeFi guidelines. *View full speech*: [SEC.gov Official Remarks](https://www.sec.gov/newsroom/speeches-statements/atkins-remarks-defi-roundtable-060925)
Matrixdock's XAUm Token Grows from $5M to $40M AUM in Six Months
Matrixdock's gold-backed token XAUm has seen significant growth, reaching $40M in assets under management within six months. Each XAUm token represents one troy ounce of 99.99% pure gold, stored in Singapore and Hong Kong vaults. Key features: - Fully backed by LBMA-accredited gold - Traceable and verifiable on-chain - Physical redemption available On Kinza Finance, users can: - Create leveraged long positions - Execute shorting strategies - Trade BTC-gold correlations The platform offers looped positions where a $100 USDT deposit can create a $300 XAUm position through borrowing.