This week’s crypto landscape is buzzing with major developments across ecosystems, from airdrops and token unlocks to regulatory discussions and altcoin launches. Below is a curated breakdown of the most impactful headlines.
Sonic S2 Airdrop: Boosting Engagement with Token Rewards
Sonic, a high-performance Layer-1 blockchain, is gearing up for its S2 airdrop next week, following the success of its Season 1 distribution of 190 million S tokens.
"Season 2 begins immediately after Season 1 concludes. A full outline will be released next week," Sonic announced via X (formerly Twitter).
The airdrop incentivizes user engagement through:
- Passive Points: Earned by holding whitelisted assets in non-custodial wallets like MetaMask.
- Activity Points: Double rewards for liquidity providers.
With nearly $800 million in Total Value Locked (TVL) and projects like Silo Finance, Sonic solidifies its position as a DeFi powerhouse.
👉 Explore DeFi opportunities on Sonic
Sonic (S) Price: $0.3706 (-2% in 24h).
DeFi App Launches HOME Token
DeFi App is set to release its HOME token on June 10, allocating 10% of the supply to airdrops. The token will:
- Power governance and rewards.
- Act as a "flywheel" for ecosystem growth.
This launch underscores DeFi App’s commitment to decentralized community empowerment.
SEC Hosts DeFi Roundtable: Regulatory Insights
The U.S. SEC will host a roundtable on DeFi and the American spirit on June 9. Key discussion points may include:
- Compliance frameworks.
- Investor protection.
- Innovation in decentralized finance.
Previous sessions covered Real-World Asset (RWA) tokenization, signaling potential policy shifts.
Huma 2.0 PayFi Deposits Open
Huma Finance, a leading PayFi protocol on Solana, opens deposits for Huma 2.0 on June 11. Features include:
- Permissionless yield strategies.
- Tokenized invoices bridging TradFi and DeFi.
- $HUMA token for governance and staking rewards.
👉 Maximize yield with Huma Finance
MultiversX Barnard Upgrade: Voting Now Live
Voting for MultiversX’s Barnard upgrade runs from June 9–19. The update introduces:
- On-chain governance.
- Enhanced scalability and security.
- Improved smart contract composability.
Stake $EGLD to participate in shaping the network’s future.
Aptos Unlocks $53M in APT Tokens
On June 12, Aptos will unlock 11.31 million APT tokens (~1.79% of circulating supply), allocated to:
- Community.
- Core contributors.
- Investors.
APT Price: $4.66 (-1% in 24h). Unlocks may trigger volatility.
FAQs
1. How can I participate in the Sonic S2 airdrop?
Hold whitelisted assets or provide liquidity to earn Sonic Points.
2. What’s the significance of the SEC DeFi roundtable?
It could shape future regulatory frameworks for decentralized finance.
3. How does Huma 2.0 benefit Solana’s ecosystem?
By offering innovative yield strategies and bridging TradFi/DeFi.
4. When is the Aptos token unlock?
June 12, 2025, with $53M worth of APT released.
Disclaimer: This content is for informational purposes only. Verify details independently and consult a professional before making financial decisions.
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