Must-watch next week | The Federal Reserve announces a new interest rate decision; ODOS and other projects will soon hold TGE or airdrop (12.16-12.22)

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ODAILY
12-15
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Highlights for Next Week

December 16

Ethena may launch a new stablecoin product USDtb on December 16;

Swan Chain will launch its token TGE on December 16;

Over Protocol will open its airdrop claim on December 16;

December 17

Streamflow: The token airdrop will be launched at 21:00 Beijing time on December 17;

The blockchain game Nifty Island will conduct its TGE on December 17;

December 18

Sophon announced that it will launch its mainnet on December 18;

December 19

The Federal Reserve will announce a new interest rate decision;

December 20

The ODOS airdrop query is now open, and the airdrop claim will be opened on December 20;

The Tomarket token TOMA will be listed on December 20;

Others (Specific Time Undecided)

Sonic Labs' mainnet will be open to the public next week;

From December 16 to December 22, there are more industry events worth noting.

December 16

Ethena may launch a new stablecoin product USDtb on December 16

Odaily News: Ethena officially released a video on X platform showing the content related to USDtb, with the caption "December 16, 2024", indicating that Ethena may launch its new stablecoin product USDtb on December 16.

Stacks announced the sBTC deployment plan, and the deposit function is expected to be opened on December 16

Odaily News: Bitcoin scaling solution Stacks announced on the X platform that it will deploy sBTC in two phases. The first phase will be launched on the mainnet on December 16, 2024, opening the Bitcoin deposit function. The second phase will be launched 6-8 weeks after the first phase, and is expected to be released in the first quarter of 2025, at which time the Bitcoin withdrawal function will be opened.

Taiko announced that the third phase of the Trailblazers airdrop event will be launched on December 16

Odaily News: According to the official announcement, the Ethereum L2 network Taiko announced that the third phase of the Trailblazers airdrop event will be launched at 20:01 Beijing time on December 16, 2024, and will last until March 17, 2025. A new staking activity will also be launched simultaneously. The event will provide users with ample time to stake TAIKO, earn rewards, and improve their rankings.

The Kakarot testnet based on Starknet Sepolia will be closed on December 16, 2024

Odaily News: The zkEVM network Kakarot based on Starknet has abandoned the deployment of Starknet, and the Kakarot on the Starknet Sepolia testnet will be closed on December 16, 2024.

Avalanche 9000 will launch its mainnet on December 16

Odaily News: The Avalanche Foundation announced on the X platform that Avalanche 9000 will launch its mainnet on December 16.

Swan Chain will launch its token TGE on December 16

Odaily News: The AI super-chain Swan Chain has announced that its native token SWAN TGE will be held on December 16 at 23:00 (Beijing time). Prior to this, miners can obtain SWANU by contributing computing resources, and SWANU can be exchanged for SWAN at a 1:1 ratio after the TGE. Community users can also participate in the Swan Chain Mission to earn XP points, which will serve as a credential for future airdrop eligibility.

It is reported that the total supply of SWAN tokens is 1 billion, with 20% of the tokens allocated for early users and future community airdrop rewards to incentivize network participation and interaction, 20% for investors to provide initial development and ecosystem expansion funding for Swan Chain, 20% for the DAO treasury to manage investment, compliance expenses and other financial needs, 25% for the ecosystem fund to support project funding and ecosystem growth, and 15% for key developers and team members.

Over Protocol will open its airdrop claim on December 16

Odaily News: The lightweight node protocol Over Protocol announced a series of key timeline updates: December 13 at 13:00 (Beijing time) will end the trading of Nethers on Arbitrum; December 14 at 13:00 will launch OverScape; December 16 at 8:00 will open the Nethers NFT cross-chain bridge, and 9:00 will open the airdrop claim. The official stated that the OverFlex function will be launched before December 16, and the Nethers NFT cross-chain and airdrop claim will last for 3 months.

December 17

TON plans to update the validator software on December 17

Odaily News: According to TON Status, the mainnet validators and liteserver owners plan to update the network on December 17. TON requires the validators to schedule the validator software update at 11:00 UTC on December 17. This update is mandatory and, in addition to other functions, it improves the database operation and adds more convenient options for key backup.

The Open League's new season event will last until 19:00 on December 17

Odaily News: The Open League official announced on the Telegram channel that the new season of The Open League has started, with a $1.5 million reward pool for active TON ecosystem users. Users can choose to participate in badges and join TON DeFi activities to accumulate points for the final airdrop. The on-chain activity will start at 19:00 Beijing time today and last until 19:00 Beijing time on December 17, giving users 20 days to earn rewards for the New Year's event.

Streamflow: The token airdrop will be launched at 21:00 Beijing time on December 17, with a total of 1 billion tokens and a 10% allocation for the genesis airdrop

Odaily News: The Solana ecosystem project Streamflow announced on the X platform that the STREAM token airdrop will be launched on December 17, with a total of 1 billion tokens and nearly 100,000 airdrop addresses. The airdrop event will officially start at 13:00 UTC on December 17, 2024. It is understood that 70% of the STREAM tokens will be used for ecosystem and community growth, and the remaining 30% will be allocated to the initial contributors and private investors.

The blockchain game Nifty Island will conduct its TGE on December 17

Odaily News: The Ethereum-based blockchain game Nifty Island announced on X that its token ISLAND will conduct its TGE on December 17.

December 18

The Hong Kong "Stablecoin Ordinance" has been gazetted and is expected to be submitted for its first reading on December 18

Odaily reported that the Hong Kong Special Administrative Region Government has published the "Stablecoin Regulation Bill" in the Gazette, introducing a regulatory regime for fiat stablecoin issuers in Hong Kong. The bill aims to enhance the regulatory framework for virtual asset activities to address the potential risks posed by fiat stablecoins to financial stability, ensure adequate protection for users, and harness the benefits of virtual assets and related technologies.

(i) Issuing fiat stablecoins in the course of business in Hong Kong;

(ii) Issuing fiat stablecoins that claim to be pegged to the Hong Kong dollar value in the course of business; or

(iii) Actively promoting the issuance of their fiat stablecoins to the Hong Kong public.

Binance will list USUAL/BTC, USUAL/USDT, USUAL/FDUSD, and USUAL/TRY spot trading pairs on December 18, 2024.

Sophon, a modular blockchain, will launch its mainnet on December 18.

Ubisoft and Arbitrum will launch the Web3 shooter game "Captain Laserhawk: The GAME" on December 18.

The Federal Reserve will announce its new interest rate decision on December 19, followed by a monetary policy press conference by Powell.

Cash App will discontinue its free peer-to-peer Bitcoin transfer feature via cashtags on December 20.

ODOS, a DEX aggregator, will launch its token loyalty program on December 20, with an airdrop for eligible addresses.

Tomarket, a Telegram ecosystem application, will launch its TOMA token on December 20, with a pre-launch airdrop.

Satoshi Action Fund (SAF) will announce the launch of another "Strategic Bitcoin Reserve" bill next week.

Sonic Labs (formerly Fantom) will open its mainnet to the public next week.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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