Binance-User-59de00a244e4a7cf91df154cd7897a1b

After the ETH ETF is approved, what are the wealth codes worth paying attention to?
We have sorted out important projects in the ETH ecosystem for everyone, marked in red for focus

ETH layer2:

ARB, OP, STRK, METIS, MANTA, CELO, MNT, MATIC, IMX, SKL, LRC, CTSI, BOBA, COMBO, MODE, CYBER

As ETH's goal to become a global computer, Layer2 is accused of taking on the prosperity of the ETH ecosystem with high TPS and low GAS.

Its importance and value are self-evident. At the same time, layer2 is the sector with the highest market value in the ETH ecosystem. Most projects are also typical of the low circulation and high FDV institutional coins that have been criticized recently. ARB, OP, and STRK are three of the four kings, and their FDVs all exceed 10 billion US dollars.

ETH staking/re-staking:

LDO, SSV, PRL, SD, FXS, ANKR, ETHFI, REZ

LSD protocol is mainly a node-related staking service that appeared after ETH Shanghai upgraded from POW to POS. LDO is the largest service provider, with the highest TVL in the entire network and a circulating market value of 2 billion. SSV is a relatively important infrastructure.

ETH veteran DEFI:
UNI, SUSHI, AAVE, COMP, CRV, MKR, LQTY

DEFI should be the most familiar to everyone. As the largest innovation sector in the last bull market, the application of Defi has been popularized to all aspects of daily life on the chain. Due to the maturity of Defi, this cycle is basically based on previous upgrades, and the degree of innovation is not enough.

ETH meme:
PEPE, SHIB, JOE, SPX

Meme is a very strong sector in this bull market, and holding a small amount is not a problem.

Others:

PENDLE

Pendle, which separates tokens into principal and interest, is used to trade future earnings. Pendle was also affected by the rise and fall of TVL and coin price some time ago. It is a relatively innovative ETH DEFI project.

BounceBit to Support BEP-20 USDT, Integrate BitSwap and Ethena
BounceBit published an article introducing the upcoming updates and additions to the BounceBit ecosystem, which will be launched in the next two weeks. -CeDeFi Dashboard: The statistics dashboard is now live on BBScan. Users can track fund inflows/outflows, bridge volume, deposit/withdrawal statistics, and more. -Portal and CeDeFi Updates: portal.bouncebit.io is the operating system of the BounceBit ecosystem, with an intuitive interface that makes it easy to interact with the platform. -BBUSD and Node Staking Rewards: The BBUSD yield structure is being upgraded. BBUSD is now included in the node staking reward distribution along with Premium Yield. Using BBUSD to stake in Premium Yield, users will receive additional BB rewards on top of the yield generated by delta-neutral funding rate arbitrage. This only applies to subscriptions made on the BounceBit Chain. -User Experience Update: In order to simplify the experience, especially for those seeking the highest yield opportunities, BounceBit introduces an optional automation mechanism. This feature merges multiple steps into a single user interaction while still allowing separate actions such as staking delegation and Premium Yield subscription. -Support for BEP-20 USDT: Currently, USDT Premium Yield is only available on the Ethereum network. By popular demand, BounceBit will add support for USDT on BNB Smart Chain (BSC). This means that users will be able to deposit USDT on BSC to obtain BBUSD and earn yield in USDT (BEP-20). As a result, FDUSD deposits will be suspended soon. -BitSwap Integration: Currently, BitSwap, the DEX on BounceBit Chain, is only accessible through BounceClub. BounceBi is integrating BitSwap's API into Portal, allowing users to swap tokens, stake, subscribe, and deposit on the same interface; improving user experience and asset liquidity. -Ethena Integration: BounceBi has partnered with Ethena to launch a groundbreaking new high-yield product in the DeFi space. Starting next week, users will be able to earn sUSDE earnings, ENA rewards, BB rewards, and 5x sats for Ethena’s ongoing Sats campaign

Uniswap Foundation: Free conversion will be implemented despite the Wells Notice issued by the US SEC

The Uniswap Foundation said that despite the Wells Notice issued by the US Securities and Exchange Commission (SEC), free conversion will be implemented. Uniswap Labs claims that under the current legal classification, the SEC has no right to regulate its decentralized protocol. It is reported that Uniswap's response this time is very timely because the 21st Century Financial Innovation and Technology Act will be voted on in the House of Representatives after passing the Senate vote. The bill may change the way the SEC and the CFTC regulate cryptocurrencies. According to Uniswap, if the proposal for a new fee mechanism is approved at the end of this month, control of the mainnet UniswapV3Factory will be transferred to a specially designed new V3FactoryOwner contract, marking a milestone in Uniswap's decentralized governance. (Cointelegraph)
uni

ZhuSu: Ethereum is expected to dominate the market in the next 90 days

ZhuSu, the former founder of Three Arrows Capital, wrote, "This weekend is an important turning point. Reduce holdings of TAO and MKR, buy LDO ($2.48), BLUR ($0.467) Sell SOL $165 / buy ETH $3800 (exchange rate 0.0434), target below 0.03 Sell BTC $69,200 / buy ETH $3800 (exchange rate 0.055), target 0.07+ I think we will usher in a 90-day Ethereum-dominated market."

Arbitrum community opens on-chain voting for the "200 million ARB game catalyst plan" proposal
The Arbitrum community's "200 million ARB game catalyst plan" proposal has opened on-chain voting. The proposal aims to provide a three-year incentive plan with a total of 200 million ARB for Arbitrum ecological games. The goal is to power the Arbitrum game ecosystem through studios and games in the Web3 industry. Voting will end in 12 days.

CME Fed Watch: The probability of the Fed keeping interest rates unchanged in June is 99.1%

According to CME's "Fed Watch" data, the probability of the Fed keeping interest rates unchanged in June is 99.1%, and the probability of raising interest rates by 25 basis points is 0.9%.

Runes market value exceeds $1.5 billion, setting a new record
Ord.io posted on the X platform that the market value of Runes exceeded $1.5 billion for the first time, setting a new record. Odaily Note: A fake X account left a comment under this tweet and posted a phishing link. Users need to identify the authenticity and be wary of phishing scams.

Ordinals inscriptions have accumulated fees of over 6,825 BTC, with a total minting volume of 66.72 million

Dune data shows that the cumulative fee income of Bitcoin NFT protocol Ordinals inscriptions has reached 6,825.4155 BTC. The current total minting volume has reached 66,723,503 inscriptions.

Stargate's new proposal suggests that 90% of the potential LayerZero token shares be distributed to cross-chain users, veSTG voters, LPs, etc.
The Snapshot page shows that the Stargate community has initiated a "Distribution of RFP" proposal vote, which will end on May 29. The proposal describes the strategic framework of the RFP that Stargate DAO is about to release. The four main factors discussed for the potential LayerZero token distribution include: governance participants, LPs, bridges, and partner agreements. The proposal suggests that after 10% of the shares are distributed to developers, the remaining 90% will be distributed, of which 38.5% will be distributed to cross-chain users (total transaction volume of at least 5,000, with a maximum limit of 750,000); 36.25% will be distributed to veSTG voters; 25% will be distributed to LPs (providing liquidity for at least 1 week, with a minimum of $250 and a maximum of $5 million in liquidity funds); 0.15% will be distributed to proposers; and 0.1% will be distributed to think tanks (ThinkTank). The Stargate Foundation will submit an RFP to the LayerZero Foundation after the voting closes and announce the winning address calculated based on proposals submitted before June 10th. Tokens will be distributed by the LayerZero Foundation thereafter.

MicroStrategy founder: Ethereum spot ETF approval may be more favorable for Bitcoin
MicroStrategy founder Michael Saylor was asked in an interview with What Bitcoin Did, "Is the Ethereum spot ETF a good or bad thing for Bitcoin?" Saylor replied: "Yes, I think it is a good thing for Bitcoin, in fact, I think it may be better for Bitcoin because I think Bitcoin will be more powerful politically with the support of the entire crypto industry." Saylor believes that the approval of the Ethereum spot ETF adds "another line of defense" to Bitcoin. Saylor reiterated that this will "accelerate institutional adoption" because previously cautious investors will now recognize that cryptocurrency is a legitimate asset class. In addition, Saylor explained that investors will allocate funds between various crypto assets, but Bitcoin will still receive the majority of allocated funds as the "leader" of cryptocurrencies. He claimed: "I think mainstream investors will say, oh, now there is a crypto asset class, maybe we will allocate 5% or 10% of our funds to the crypto asset class, but Bitcoin will account for 60% or 70% of it."

Meme coin PHRYGES is launched on Solana

According to official news, the Meme coin PHRYGES has been officially launched on Solana Chain. It is reported that the Meme coin is based on the 2024 Paris Olympics concept and is based on Marianne, the symbol of the French Republic; the current price is 0.000235 US dollars.

Elon Musk said in a May investor presentation that his AI company xAI will need up to 100,000 specialized semiconductors to train and run the next version of its conversational AI Grok. xAI plans to use these specialized computing chips to form a huge supercomputer, calling it a "gigafactory of compute." Elon Musk said he hopes to have the supercomputer operational by the fall of 2025 and will personally be responsible for delivering it on time. Once completed, the chipset connected to the computer will be at least four times the size of the largest GPU cluster in existence.

Nate Geraci, president of The ETF Store, wrote on the X platform: "I actually think the approval of the (US) ETH spot ETF is much more important than the approval of the BTC spot ETF... This is a complete capitulation of (the US) to cryptocurrencies. There is no turning back now."
BTC
ETH

Donald Trump made clear his support for cryptocurrencies on Truth Social. Trump said: "Be positive and open to cryptocurrency companies and related industries. Our country must be a leader." He also criticized Biden for wanting the crypto industry to "slowly and painfully die." What do you think of the subsequent development of cryptocurrencies?
BTC
ETH
Is it still bullish?

Friends who do contracts have looked over and compared Binance and Gate exchanges. I did it myself. Gate almost liquidated my position, but the stop-loss pins I set all arrived and they didn’t close my position. It was also midnight in Matcha. The pin exploded after 1 o'clock. The stop loss you set does not stop the loss, and the stop profit you set does not stop the profit. How can you trust this kind of exchange? Remember to use big exchanges when buying coins through contracts, and stay away from small exchanges. The exchange cuts people off without blinking an eye. Stay away from the gate and stay away from matcha.

Please allow me to continue to show off. I earned 18,000u from the contract, so those who say I made fake pictures should shut up.

The pretentious contract slip has arrived. I didn’t want to send it out at first, but everyone left a message asking for it to be sent out, so I’ll do whatever it takes. Don't make contracts that are too risky.

A collection of super practical#Arbitrumairdrop tools

Countdown to receive ARB coins: etherscan.io/block/countdow…

Receive coins and inquire about airdrops: arbitrum.foundation

ARB token: arbiscan.io/token/0x912ce5…

Token contract: arbiscan.io/address/0x912c…

Dune statistics: dune.com/wust419/arb-ai…

For proxy voting, please refer to this txn: arbiscan.io

Can you give me some advice on whether the contract list can be held for a long time this time?

Stay away from contracts, I got it right this time.