Bribing Token Holders To Vote

Voting on Jupiter's LFG Launchpad is now live, with one project bribing for votes

Today’s issue is brought to you in partnership with Tensor - the NFT marketplace on Solana that is built for traders.

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Top Stories

BTC $67,617 (+1.3%) | ETH $3,949 (+4.5%) | SOL $148 (+5.5%)

  • Voting for Jupiter’s LFG Lauchpad is now live. JUP holders can now stake and vote for LFG candidates to launch next, such as NFT lending protocol Banx who are bribing for votes with $BANX rewards

  • Pudgy Penguins dipped after a whale dumped 50 into bids for a 110 ETH loss. The floor went as low as 12.1 ETH before bouncing back, up 9% to 14.6 ETH

  • Pantera Capital is looking to secure up to $250M worth of SOL from the bankrupt estate of FTX, capitalizing on a 39% discount

  • OMB announces mint details for their upcoming Orange Eyes collection, with different allowlist allocations based on eye color. OMB has now flipped MAYC in market cap to #6 across all chains

  • Kamino Finance announces a March 31 snapshot for its upcoming April distribution of $KMNO. The token gives control of protocol revenue allocation

  • Art Blocks announces the start of a "new chapter" where they will be pausing drops, adjusting focus, and being more selective on Curated projects

  • Portals announces that Mad Lads and Tensorians will receive the upcoming airdrop. This is in addition to the forthcoming Pike airdrop where both collections are in the A Tier 5K $PIU allocation 

  • If you’re new to Ordinals, cygaar wrote a great beginners’s guide thread on how they differ from other NFTs, and why they're here to stay

Top Movers

BTC

ETH

  • Milady -18% to 4.37 ETH — retraced after hitting all-time high

  • Lil Pudygs +13% to 1.3 ETH — briefly dipped to 1 ETH before rallying

  • Wassies +31% to 0.93 ETH — helped by this wallet sweeping 20

SOL

Crypto

  • JUP +14% to $0.73

  • PENG +20% to $16.3M MC

  • BODEN -32% to $17.8M MC

Upcoming Mints

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.