Suzaku Network Token Launch and Airdrop Update
Suzaku Network Token Launch and Airdrop Update
🎁 Free Money Alert
Colony has airdropped 388,860+ $SUZ tokens to $CLY stakers following their $500,000 $sAVAX liquidity provision to Suzaku Network. Colony achieved #1 ranking on Suzaku Points Leaderboard.
Two key opportunities for $SUZ holders:
- Stake $SUZ for $sSUZ to earn 1.5% of total supply in Year 1
- Provide SUZ/USDC liquidity on BlackholeDex with YieldYak auto-compounding
Upcoming developments include:
- New airdrops in $SUZ and other tokens
- DeFi integrations and incentives
- Protocol fee rewards
Claim your airdrop at Colony Lab
🔊 It’s @SuzakuNetwork $SUZ TGE! 🚀 $ceSUZ is now live on Colony! You can claim and swap 100% of your $ceSUZ for $SUZ on the Portfolio → NEST page, since there is 0 vesting for this sale. ✅app.colonylab.io/early-stage/po… _______ 🚨 Important: Swap your $ceSUZ for $SUZ to unlock its
🔊We’ve just airdropped 388,860+ $SUZ to $CLY stakers! 🎉🥳 These rewards come from our $500,000 $sAVAX liquidity provision to @SuzakuNetwork, supporting their launch since the early days. @ColonyLab ranked #1 🥇 on the Suzaku Points Leaderboard, and we’re excited to pass these
🎉 Congratulations to @SuzakuNetwork for raising $90,000 as part of their Public Sale through @Colonylab’s community, one deeply embedded in the @avax ecosystem and genuinely excited about the future of L1s on #Avalanche and the technology they’ll help bring to life. TGE is on
🎁 Colony Distributes Second $MOVE Airdrop Worth $62,000 to CLY Stakers
Colony has completed its second $MOVE token airdrop, distributing over $62,000 directly to CLY stakers' wallets. **Key Details:** - Tokens sent directly to Ethereum wallets - no claiming fees required - Part of a 36-month vesting schedule with 34 more airdrops planned - Loyal stakers who maintained active stakes received over 80% of the distribution **Background:** The airdrop stems from Colony's Movement seed allocation. After Movement decided not to proceed with the Avalanche bridge plan, Colony opted to distribute tokens directly on Ethereum. Monthly distributions will continue following the vesting schedule. CLY stakers can trade or use their $MOVE tokens immediately upon receipt.
First $MOVE Airdrop Goes Live on Ethereum with $73,000 Distributed
The inaugural **$MOVE airdrop** is now active on Ethereum, distributing over **$73,000** to eligible wallets. **Key Details:** - Tokens sent directly to wallets - no claiming fees required - **Loyal CLY stakers** receive over 80% of distribution - Rewards those who maintained active stakes without unstaking **What's Next:** - **35 additional airdrops** planned monthly - Distribution follows Movement's vesting schedule - Originally planned for Avalanche bridge, now on Ethereum **Check your wallet** if you're a CLY staker - tokens should already be available for trading or use.
🔥 Suzaku's First LSTs
**Suzaku Network announces first two L1 LSTs** Suzaku Network has launched their inaugural L1 Liquid Staking Tokens (LSTs) for: - **Dexalot** - decentralized exchange protocol - **OnPlyr** - gaming platform This marks a significant milestone for Suzaku's infrastructure development on Avalanche. **What this means:** - Enhanced staking opportunities for both protocols - Strengthened decentralization hub for Avalanche L1s - Progress toward Suzaku's vision of L1 interoperability The announcement positions Suzaku as a key player in Avalanche's restaking and infrastructure landscape, potentially opening new yield opportunities for users of both Dexalot and OnPlyr platforms.
Avalanche Summer Surge: DeFi TVL Breaks $2B Milestone
**Avalanche experienced significant growth this summer across multiple metrics:** - **DeFi TVL milestone**: Broke $2B in July for the first time in over 2 years - **Trading volume surge**: Hit $12B in August, highest since January 2022 - **Key DEX platforms**: Growth driven by PharaohExchange, BlackholeDex, and LFJ **Network achievements:** - Surpassed 4 billion total transactions - Reached $2.2B in stablecoins - Daily transfers now rival top blockchain networks **RWA sector expansion:** - Real World Assets market cap reached $305M - **58% growth** in just 30 days The network's momentum builds on August's institutional adoption, including Grayscale's AVAX ETF filing, tokenized assets from Dinari and Bowmore whisky, and Wyoming's state-backed stablecoin integration.