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- Greater than 64,000 SNX stakers obtained the airdrop.
- The airdrop was launched by Synthetix’s founder to check decrease charges on Optimism following the Dencun improve.
- It price solely round $4,000 to airdrop the tokens to all the recipients.
Greater than 64,000 Synthetix customers obtained an airdrop of a memecoin in the present day on Optimism, a layer 2 community on the Ethereum blockchain.
The memecoin, dubbed LERNITAS, makes use of the ticker 2192 and depicts King Leonidas from the favored film 300.
Memecoins are cryptocurrencies influenced by web memes, popular culture phenomena, and traits which have gone viral. They’ve not too long ago surged in reputation, inflicting buying and selling volumes on in style chains like Ethereum and Solana to blow up.
In contrast to most memecoins that come from nameless builders, LERNITAS was airdropped by Kain Warwick, the founding father of Synthetix, a protocol that gives liquidity for decentralised derivatives exchanges.
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Warwick conducted the airdrop to check the transaction prices on Optimism after the Dencun upgrade, which went stay on Wednesday. Customers who staked SNX have been eligible for the airdrop.
The Dencun improve encompassed a set of nine proposals for bettering Ethereum, often known as Ethereum Enchancment Proposals.
Of those, EIP-4844 stands out as essentially the most essential, providing important reductions within the bills related to operations on layer 2 networks.
Following the improve, transaction prices on a few of Ethereum’s high layer 2s dropped by as a lot as 98%. On Optimism, the median transaction cost proper earlier than the improve went stay was $0.50, and now, the median transaction price is simply $0.0089 — a 98.2% lower.
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The fee to airdrop the LERNITAS tokens to the greater than 64,000 recipients was solely round $4,000, or $0.06 per recipient.
If the airdrop had been performed previous to the Dencun improve, the fee would have been upward of $220,000.
Though Warwick airdropped the token in the present day, he didn’t arrange a liquidity pool for customers to commerce, stating that he’ll deploy a liquidity pool on decentralised trade Uniswap tomorrow.
Nonetheless, that didn’t cease some customers from deploying their very own liquidity pools, albeit with very minimal liquidity. The token is priced at $0.00486 implying a completely diluted worth of $10.6 million.
Obtained a tip about DeFi? Attain out at ryan@dlnews.com.
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