DeversiFi, a decentralized exchange (DEX) on the Ethereum blockchain, has launched trading rewards for users who swap tokens on its platform and announced a retroactive airdrop for early adopters. As many as 25,000 DVF tokens, currently valued at $300,000 will be distributed weekly to program participants who trade the following tokens on DeversiFi. Retroactive Airdrop…

ParaSwap Airdrops PSP Governance Token for ‘Active Users’

Joseph Lubin, founder of Ethereum incubator ConenSys, set off speculation a token for the non-custodial wallet MetaMask is imminent after tweeting, “Wen $MASK? Stay tuned.” ConsenSys develops MetaMask.

ENS Domains, the protocol that issues and manages domain names on the Ethereum blockchain, has announced plans to issue a token and form a DAO to govern the future of the protocol.

DeFi venture fund Divergence Ventures tried to game the airdrop of Ribbon Finance, one of its own portfolio companies, and it worked — but it’s returning the tokens. The fund, which put $25,000 into Ribbon Finance, returned 702 ETH today after extracting as much from the protocol’s airdrop.  At 1:07 PM, Divergence Ventures, which was…

First DYDX, now RBN. After governance rejected a proposal to make RBN transferable in June, a second go-round passed, garnering over 99% support from voters.  The unlock happened at 12pm UTC on Oct. 7 and was a windfall for investors who received tokens in an airdrop because they could finally sell them. Ribbon Finance airdropped…

Not only is DOGE a very good boy, its coin is about to be very smart, too — as in, smart contract-ready. Flare is a startup launching its canary network in the coming days, and it’s going to bring smart contract functionality to DOGE. It will also bring it to XRP, Stellar (XLM) and Litecoin…

It has historically paid to be early in DeFi — literally. Traders (including yours truly) are betting that will also be the case on Arbitrum and Optimism.   DeFi has long fostered a culture of rewarding early adopters, with a great example being last year’s massive Uniswap airdrop in which the decentralized exchange airdropped 400 UNI…

Margin trading protocol dYdX launched its native token with one of the largest distributions in decentralized finance. dYdX dropped 7.5% of its initial billion-strong token supply on Sept 8. At the current price of $11.12, those 75M tokens are worth more than $800M. At one point the airdropped tokens’ value eclipsed $1B.  That’s up there…

SuperRare, the influential NFT art platform, is taking a big step forward in its plan to progressively decentralize with the launch of its RARE token on Aug. 17. As part of a slew of changes, SuperRare is poised to bestow more control to artists.   The new token rocketed more than 235% on Tuesday and Wednesday…