LAYER-2WEEKLY RECAP

Research Summary

The report discusses upcoming events in the crypto world, including the launch of Coinbase Smart Wallet, zkSync’s airdrop checker, and Mina’s Berkeley upgrade. It also highlights airdrop farming opportunities and alpha threads. The report further explores the growth of Linea, a fast-growing Ethereum L2, and its liquidity engine, Lynex.

Key Takeaways

Coinbase Smart Wallet Launch

  • Enhanced User Experience: Coinbase Smart Wallet is set to launch on June 5, aiming to provide a significantly improved user experience on-chain. The wallet will feature passkeys for signing, no seed phrases, Touch ID Signing, and free transaction fees.

zkSync Airdrop Checker

  • Anticipated Release: zkSync is rumored to release its airdrop checker this week. A leak suggests that the zkSync token airdrop is expected to occur around June 13.

Mina Berkeley Upgrade

  • Major Network Upgrade: Mina’s Berkeley upgrade, scheduled for June 4, is a significant network upgrade that will enable ZK-enabled smart contracts, dApps, L2s, and bridges on the Mina blockchain.

Linea’s Growth and Lynex’s Role

  • Impressive Growth: Linea, one of the fastest-growing Ethereum L2s, has seen its TVL grow from $63M to over $950M in the past five months. Lynex, Linea’s liquidity engine, offers airdrop and yield opportunities.

Airdrop Farming Opportunities

  • Profitable Ventures: The report highlights several airdrop farming opportunities, including those offered by Lynex. These opportunities provide high APR rewards and points for liquidity provision.

Actionable Insights

  • Explore the Coinbase Smart Wallet: With its launch on June 5, the Coinbase Smart Wallet could offer a significantly improved user experience for on-chain transactions. It may be worth exploring its features and potential benefits.
  • Monitor zkSync’s Airdrop Checker: Given the rumors of its imminent release and the potential airdrop around June 13, keeping an eye on zkSync’s airdrop checker could be beneficial.
  • Understand the Implications of Mina’s Berkeley Upgrade: The upgrade could have significant implications for the Mina blockchain, including the enablement of ZK-enabled smart contracts, dApps, L2s, and bridges. Understanding these changes could provide insights into future developments in the crypto space.
  • Consider the Opportunities with Linea and Lynex: Given Linea’s impressive growth and Lynex’s role as its liquidity engine, there may be potential opportunities in providing liquidity and participating in airdrop farming.

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