Kinza Monad Testnet Paused for Mainnet Integration
Kinza Monad Testnet Paused for Mainnet Integration
馃攧 Testnet Naptime... Rewards Soon
Kinza Finance has temporarily paused their Monad testnet dApp as they prepare for integration with the upcoming Monad mainnet.
Key updates:
- Early adopters from the past 4 months will receive testnet MON tokens
- Users will be awarded Kinza Airdrop Points
- Previous distribution included 10 Airdrop Points to all users who engaged with the platform
Check your airdrop status at Kinza Finance Dashboard
Further details about testnet MON distribution will be announced soon.
馃摙 Attention Kinza Monad testnet users: Kinza Monad testnet dApp has now been paused while we develop to integrate into the forthcoming Monad mainnet! We will be recognizing early adopters from the last 4 months with testnet MON (details coming soon), and Kinza Airdrop Points
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.
kBTC Holders Receive BABY Airdrop, Redemption and Bridge Coming Soon
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.
Kinza Airdrop Points Season 2 Launches
Kinza Finance has launched Season 2 of their Airdrop Points system, running from April 11 to July 11, 2025. Following Season 1's success with $290M+ in deposits, the new season maintains the same point calculation: $100 TVL for 1 day = 1 point. Key updates: - Season 1 points are preserved and viewable on dashboard - Automatic point earning continues for existing depositors - 10% bonus points for referrals - New achievements system including Whale, OG, Degen categories Visit [Kinza Finance](https://app.kinza.finance) to start earning points for the upcoming KZA token launch. *No action needed for existing users - points accumulation begins automatically.*