visimoney
TLDR: ETH gas fees hit an eight-month high due to the ERC-404 token craze, while the Starknet network experiences issues with its airdrop. The Starknet Foundation plans to distribute 700 million STRK tokens to eligible wallet addresses, with 50% going to protocol users. EigenLayer has become the fourth-largest restaking protocol with $7 billion in total value locked (TVL). Uniswap founder Hayden Adams warned about an Ethereum Name Service (ENS) wallet impersonation scam. DeFi tokens had a bullish week, with TVL reaching a new yearly high above $72 billion.
Airdrop farmers may dominate the anticipated Starknet airdrop, with many users allegedly renaming or deleting their accounts ahead of the snapshot. The protocol plans to distribute 700 million STRK tokens to eligible wallet addresses on February 20, with 50% going to protocol users.
EigenLayer, a restaking protocol, has become the fourth-largest protocol by TVL, surpassing JustLend. Its TVL has risen 5.73% to $6.99 billion in the past seven days and 307% over the past month.
Uniswap founder Hayden Adams warned the crypto community about scammers using wallet addresses as ENS domains. He stated that scammers copied and registered his wallet address with .eth as an ENS wallet and cautioned against pasting wallet addresses into certain user interfaces that may display unrelated ENS matches.
Gas fees on Ethereum reached an eight-month high due to heightened interest in the unofficial ERC-404 token standard. Gas prices peaked at an average of 70 gwei ($60 for a standard transaction) on February 9, with peak gas costs surging as high as 377 gwei.
The top 100 DeFi tokens had a bullish week, with most trading in the green. TVL in DeFi protocols surpassed $70 billion for the first time in over a year.
