Several notable projects are set to launch their much-awaited tokens in June according to rumors and confirmations from different sources.
According to analyst The DeFi Investor, this month is going to be a big one, with zkSync and LayerZero tokens both confirmed to launch. The analyst has compiled a watchlist of potential major token launches, including Berachain, Contango, Carv, Bluefin, and more.
What you'll learn 👉
Berachain: EVM-Equivalent L1 with Proof of Liquidity Consensus
Berachain, one of the most anticipated L1 launches, is an EVM-equivalent blockchain powered by a unique Proof of Liquidity consensus. This consensus mechanism unlocks staked liquidity by using liquidity pool tokens as staking assets.
Rumors suggest that the $BERA token launch event and the Berachain mainnet launch are planned for late Q2 or early Q3. Berachain has raised over $200M in funding and boasts one of the strongest communities in the space.
LayerZero: Largest Cross-Chain Interoperability Protocol
LayerZero, the largest cross-chain interoperability protocol, is finally set to launch its token this month after raising over $250M in funding.
The team is currently working on finalizing the token distribution, and the launch is highly anticipated by the crypto community.
Contango: The Looping Layer for DeFi
Contango, a platform that taps into the massive $60B TVL locked within Money Markets & CDPs, allows users to access various looping strategies with a single click. Users can create leveraged positions with low funding rates, lever up on the yield of liquid restaking assets, execute delta neutral strategies, and more.
Contango raised $4.46M at $45M FDV from top-tier VCs and has confirmed its token launch for Q2.
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Show more +Carv: Modular Data Layer for Gaming & AI
CARV, the largest modular data layer for Gaming & AI, enables users to control and privately share their data while generating revenue from their data usage.
CARV’s public node sale recently started, and its token launch event is expected to happen in the near future. The project has raised $20M from top VCs, and in its whitelist node sale, $13M worth of nodes were sold in just 6 hours.
Avail: Unification Layer for Blockchains
Avail, a unification layer for blockchains, is composed of three products: Avail DA (a Data Availability Layer), Nexus Layer (which aims to solve rollup fragmentation), and Fusion Security Layer (a multi-asset staking mechanism).
The launches of the Avail token and mainnet are expected to happen at some point in June, with the main goal of building an interconnected ecosystem of blockchains that abstracts away the complexity of bridging.
Bluefin: Largest Perpetual Orderbook-Based DEX on Sui
Bluefin, the largest perpetual orderbook-based DEX on Sui, has been hinting at an airdrop coming in the next few weeks. The platform offers wallet abstraction, near-instant settlement, and a unique Bluefin Leagues system that rewards users based on their trading activity.
An airdrop is considered confirmed given that Bluefin launched a points program, and the project has raised over $30M in funding from top investors.
Other Notable Mentions
- zkSync, a popular Ethereum L2 with ZK tech, is set to launch its token around June 13, with the airdrop checker potentially going live this week.
- Kelp DAO, one of the most popular liquid restaking protocols, recently raised $9M in funding and is expected to announce more details about its $KELP tokenomics soon.
- Blast, the first L2 with native yield, has attracted $2.6b in TVL and is confirmed to have its token airdrop on June 26.
With a diverse range of offerings, from L1 blockchains to DeFi platforms and data layers, June 2024 promises to be a month filled with exciting developments.
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