New week, new digest with exciting news from @LayerZero_Labs as usual, and new booms for the ecosystem Expansion on @Arbitrum Nova, transaction surge, and 2M unique users - dive into the thread!
Gm #Ordinals!!! Biggest Free Drop is coming!!! Drop your #BTC address and follow We will pick few address !!!
LayerZero Labs just raised over $170M from the biggest names in crypto like a16z, Sequoia, and Binance Labs.
Prepare for the mega airdrop: Opensea With the launch of Opensea Pro, it is now pretty much clear that eventually there will be some kind of a retroactive reward for sure! And just to add, Opensea is valued at $13.3 Billion with the most recent round being a $300 million Series
The Balancer emission schedule is entering a new year, thus the liquidity mining emissions, dedicated to bootstrapping the protocol’s liquidity, will reduce from 145,000 $BAL per week to 121,930
The maximum total supply of BAL tokens enforced at the smart contract is 100M; however, veBAL holders have the authority to decide if the distribution should end before hitting the cap.
veBAL and Governance Power
veBAL constitutes Balancer’s governance. The longer veBAL is locked, the more voting strength it holds. Balancer has expanded immensely on
thanks in part to liquid lockers like
and
veBAL is the framework for Balancer Protocol tokenomics. Users lock 80/20 BAL/WETH pool tokens for up to 1-year to receive veBAL