Boundless (ZKC) has a total supply of 1 billion coins and an unlimited max supply with a 7% first-year inflation rate. 1.5 million ZKC will be rewarded through the HODLer Airdrop, which represents 1.5% of the genesis supply. The initial circulating supply on Binance is 200,937,056 ZKC, accounting for 20.09% of the genesis total. Further allocations will be made for market activities and future market activities.
The Avalanche Foundation is set to raise approximately $1 billion through the establishment of two cryptocurrency treasury companies within the United States, as reported by the Financial Times
The Avalanche Foundation is planning to raise $1 billion to support a cryptocurrency treasury company.[1]. The foundation has been engaging in discussions with investors to set up a new digital asset treasury company and transform an existing Nasdaq-listed company into a treasury company. The funds will be used to purchase a significant amount of AVAX tokens from the Avalanche Foundation at a discounted price.
The first project, led by Hivemind Capital, aims to raise up to $500 million through a Nasdaq-listed company. Cryptocurrency investor and former White House Press Secretary Anthony Scaramucci will serve as an advisor to this project. The second project, initiated by Dragonfly Capital's SPAC, is targeting another $500 million.
Meanwhile, Aster, a decentralized perpetuals exchange backed by YZi Labs, is launching its ASTER token on September 17 with a 704 million token airdrop, representing 8.8% of the total supply
Perps exchange Aster to launch native ASTER token with 704M airdrop[2]. The launch marks Stage 2 of Aster Genesis, introducing new reward mechanics and a community-first token model.
Separately, Ethena's synthetic stablecoin, USDe, has climbed to over $13 billion in circulation less than a day after being listed on Binance, making it the fastest-growing stablecoin in the past day
Ethena’s USDe stablecoin surges to over $13B after Binance listing[3]. The rapid expansion reflects a 2% supply increase in 24 hours, reaching about $13.2 billion. The stablecoin's growth is attributed to market interest in stablecoins and Ethena’s significant yields of around 10%.
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