MilkyWay launches MILK token airdrop, allocating 10% of total to early users

Celestia Ecosystem Liquidity Staking Protocol announced that it will airdrop 100 million MILK tokens (accounting for 10% of the total supply) to mPoint holders, Moolitia NFT

Celestia Ecosystem Liquidity Staking Protocol announced that it will airdrop 100 million MILK tokens (accounting for 10% of the total supply) to mPoint holders, Moolitia NFT holders and milkINIT testers.

The priority will be given to mPoint holders, and the allocation of tokens will be based on the mPoint snapshot at 00:00 on April 25 (Beijing time). The higher the mPoint, the greater the allocation of MILK tokens.

For Moolitia NFT holders, the allocation of tokens will be based on the snapshot of Moolitia NFT holders at 00:00 on April 25 (Beijing time). All Moolitia NFT holders will receive an equal allocation of MILK tokens.

For milkINIT testers who actively participated in testing and provided valuable feedback, they will also receive an allocation of MILK tokens. The allocation criteria and details will be announced later.

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After the deposit deadline, users can claim their airdrop tokens on-chain or through CEX such as MEXC, Gate.io, KuCoin, etc.

Recently, Celestia Ecosystem Liquidity Staking Protocol announced the launch of its unique liquidity staking protocol—Milk. It is a liquid staking protocol deployed on the Celestia light chain and provides a groundbreaking triple-yield generation strategy.

The protocol introduces a novel governance and economic model, aiming to create a sustainable and thriving ecosystem on Celestia.

According to the announcement, 10% of the total MILK tokens will be allocated for early users, and the deposit deadline is 20:00 on April 26 (Beijing time). Afterwards, users can claim their tokens on-chain or through CEX such as MEXC, Gate.io, KuCoin, etc.

Those who are interested can visit the official website to learn more about the airdrop program and how to participate.

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Infrared, a liquid staking protocol on Berachain, has launched the Infrared Points program, which automatically records user participation and traces back to key pool liquidity provision before March 21.

According to the official website, users can earn points by staking PoL vaults, iBGT or iBERA, and some vaults have point multiplication.

At present, the points for staking iBGT and iBERA are:

* iBGT / iBERA ≥ 500,000: 1 point per day

* IBGT / Ibera ≥ 500,000: 1 Point for Day

* 100,000 ≤ iBGT / iBERA < 500,000: 0.5 point per day

* iBGT / iBERA < 100,000: 0.25 point per day

In the future, points will be used to redeem the native tokens to be issued, and the specific ratio will be announced before TGE.

In addition, Infrared announced that it will launch two new vaults this quarter, namely ETH2 and BTC.

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The Russian Ministry of Finance and the Central Bank will set up a cryptocurrency exchange for high-net-worth investors as one of the compliance mechanisms under the "experimental legal system".

The criteria for high-net-worth investors are defined as having assets of over 120 million rubles or annual income of over 50 million rubles.

The move is part of broader efforts to regulate cryptocurrency use in Russia. Earlier this year, Russia’s lawmakers approved legislation that permits the use of cryptocurrencies for investment purposes and foreign trade settlements but outlaws their use for domestic payments.

The new exchange will be a pilot project and is expected to launch within six months. It will focus on facilitating foreign trade settlements in cryptocurrencies, with transactions to be taxed at 13%.

According to Interfax, the participants in the experiment will include a cryptocurrency exchange operating in a foreign jurisdiction, Russian and foreign investors, and a Russian bank as a correspondent account holder for the cryptocurrency exchange.

The new cryptocurrency exchange will be subject to the same supervision as other investment platforms in Russia.

Earlier this year, Russia’s lawmakers approved legislation that permits the use of cryptocurrencies for investment purposes and foreign trade settlements but outlaws their use for domestic payments.

From January 1, 2024, it will be possible to pay taxes with cryptocurrencies.

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DeFi Development Corporation (Nasdaq: JNVR) announced that it has increased its holdings of approximately 65,305 Solana (SOL), bringing its total holdings to 317,273, with a market value of approximately US$48.2 million.

This time, part of the purchase was obtained through the BitGo OTC channel to lock up SOL, and plans to hold it for a long time and participate in staking to obtain returns.

The corresponding SOL holding per share increased by 40% to 0.22, with a value of US$32.88 per share