Latest Business News, Market Insights & Global Economy Updates
The Espresso Network has launched its ESP token, opening participation in securing the network and distributing a community airdrop representing 10% of total supply. The network will eventually transition to a permissionless proof-of-stake model in a few weeks, which follows the rollout of the ESP token, used for staking, securing the network and protocol participation….
Onchain data from Bubblemaps revealed that roughly $250 million was withdrawn from decentralized perpetual exchange Lighter after it airdropped $675 million worth of LIT on Tuesday. In an X post, Bubblemaps questioned whether “all the (yield) farmers were leaving?” It also noted that Lighter users withdrew roughly $201.9 million worth of tokens on the Ethereum…
Prediction market Polymarket will launch a token and airdrop a portion of it to users after it officially resumes operations in the U.S., the company’s chief marketing officer confirmed Thursday. “There will be a token, there will be an airdrop,” Polymarket CMO Matthew Modabber said on the Degenz Live podcast. But the launch isn’t imminent….
