This Week's Noteworthy Events(Oct 13, 2024–Oct 20, 2024)

Token Unlocks

Axie Infinity (AXS) will unlock approximately 9.25 million tokens on October 14 at 13:10 UTC, accounting for 6.08% of its circulating supply, valued at around $43.1 million.

Taiko (TAIKO) will unlock around 12 million tokens on October 14 at 00:00 UTC, making up 14.99% of the circulating supply, with a value of approximately $18.7 million.

CYBER (CYBER) will unlock approximately 890,000 tokens on October 14 at 08:00 UTC, representing 3.81% of the circulating supply, valued at approximately $2.6 million.

Starknet (STRK) will unlock around 64 million tokens on October 15 at 00:00 UTC, representing 3.3% of the circulating supply, with an estimated value of $26 million.

ApeCoin (APE) will unlock approximately 15.6 million tokens on October 17 at 12:30 UTC, accounting for 2.31% of the circulating supply, valued at around $11.2 million.

Echelon Prime (PRIME) will unlock 750,000 tokens on October 17 at 00:00 UTC, representing 1.57% of the circulating supply, with a value of approximately $6.1 million.

Pixels (PIXEL) will unlock around 54.38 million tokens on October 19 at 10:00 UTC, making up 7.05% of the circulating supply, valued at approximately $7.2 million.

Trump Family Crypto Project WLFI Public Sale Details in Livestream

The Trump familys crypto project, World Liberty Financial (WLFI), will hold a livestream on October 14 at 12:00 PM (UTC). During the livestream, they will introduce the WLF team, advisors, exclusive insights from special guests, and details about the public sale.

According to AggrNews, both Elon Musk and Donald Trump are expected to appear as potential guests. The WLFI announcement poster displayed silhouettes of two special guests, which seem to resemble Musk and Trump.

Soneium Will Announce Winners of the Incubation Program on October 14

Soneium, a Layer 2 project, announced that they will reveal the winners of the Soneium Spark Incubation Program on October 14. The selected projects, which provide exceptional value to the Soneium community, will receive direct investment opportunities from Soneium. The companys investments will focus on projects that align closely with their vision, have a significant impact in target markets, and can solve major challenges. The investment decisions will be made through collaborative discussions with qualified teams to ensure mutual coordination and long-term success.

Puffer Finance Will Start Airdrop on October 14

The restaking agreement Puffer Finance announced that its native token, $PUFFER, will begin the airdrop on October 14 at 11:00 PM (UTC), lasting until January 15, 2025.

The total supply of PUFFER tokens is 1 billion, with 7.5% allocated for the first-season airdrop of the Crunchy Carrot Quest. Community users can participate and vote on the future direction of the protocol. Additionally, 1% of the token supply will be distributed to Ethereum core developers to support their four-year development plan. PUFFER is the core of all project products, including the worlds first permissionless LRT and a fast Rollup solution based on UniFi.

Fairdesk Exchange Will Close Services, Retain Withdrawal Function Starting October 17

Singapore-based cryptocurrency exchange Fairdesk announced it will officially close all services by November 30, 2024, due to policy and regulatory challenges.

Since its establishment in 2021, Fairdesk has provided high-quality trading services to users in the U.S. and Canada. However, due to changes in the regulatory environment, the platform has decided to shut down permanently. Users need to liquidate (futures and spot positions) their accounts before October 17, after which the platform will retain only the withdrawal function until November 30, when it will close entirely.

deBridge Expected to Launch DBR Token on October 17 via Jupiter‘s LFG Launchpad

The cross-chain interoperability protocol deBridge is expected to launch its governance token, DBR, on October 17 through Jupiter’s LFG Launchpad.

The token distribution plan allocates 20% of the total 10 billion supply to the community, with 1.8 billion DBR in circulation at launch. Of the remaining supply, 26% is allocated to ecosystem support, 20% to core contributors, 17% to strategic partners, 15% to the deBridge Foundation, and 2% to validators. The DBR launch follows the deBridge points program, which retrospectively rewards existing users based on their past activity.

ETHGlobal San Francisco to Launch on October 18

According to the official 2024 schedule released by ETHGlobal, the eighth hackathon event of this year, named ETHGlobal San Francisco, will take place from October 18-20.

Scroll: SCR Airdrop Snapshot Planned for October 19, Claiming Starts on October 22

The Ethereum Layer 2 network Scroll announced the token distribution details for SCR on platform X. The total token supply is 1 billion SCR, with the airdrop snapshot planned for October 19, and the token release and airdrop claim date set for October 22, 2024. Scroll stated that SCR will serve as the main governance mechanism for the protocol, evolving into a utility token as Scroll becomes more decentralized. More details regarding the SCR token release and airdrop claiming will be shared in the coming days.