Pencils Protocol PriceDAPP

$ARENA breaking out Long overdue for the most complete SoFi dapp out there. Momentum in the trenches from the recent implementation of their launcher sparked the move, with champion badge holders receiving a portion of every graduated token. $1.00 is a magnet

$TOAI | @Traceonai_eth Just a beautifull chart so for for $TOAI. Up more then 100% since my last post, and hype is building up for the dApp release. Really excited for the tools they will bring out, im personally looking forward to RugTrace. With $TOAI having a very low marketcap it is still good RR here.

Stablecoin Summer hits Asia 🍉 @Tether_to's USD₮ is now live natively on @KaiaChain, the ultra-fast, EVM-compatible L1 powering LINE Messenger’s Web3 stack. It boasts the highest number of DAUs across EVM chains. This brings stablecoin access to over 196 million monthly LINE users across Asia. What’s LINE? Asia’s leading message app is used daily across Japan, Thailand, and Taiwan. With 60+ mini apps on Kaia, it now doubles as a stablecoin-native wallet. 1️⃣ What’s Gone Live: • Native USD₮ integration on Kaia • Available via LINE’s self-custodial wallet • Usable for Mini Dapp rewards, DeFi, and cross-border payments • Peer-to-peer USD₮ transfers directly through LINE Messenger Just tap, send, and spend. 2️⃣ Who’s behind it: • Tether: The most used stablecoin globally, 1:1 USD-backed • Kaia: A high-performance L1 (born from Klaytn + Finschia) • LINE NEXT: LINE’s Web3 arm, building blockchain services inside LINE Together, they’re bringing stablecoins to the mainstream natively and at scale. 3️⃣ Why it matters: → USD₮ is now embedded inside Asia’s largest messaging platform → Supports real-time, final, low-fee transactions → Replaces clunky fiat rails with stable, seamless UX → Key use cases: DeFi, remittances, NFTs, tokenized assets, payments All within a platform people already use daily, from gaming to groceries. 4️⃣ What’s next: Kaia + LINE NEXT are laying rails for: • Real-world asset (RWA) tokenization • Global exchange integrations (CEX + DEX) • NFT-based economies and digital collectibles • Hybrid payment infrastructure across APAC 196M people just got stablecoins in their group chats. Grandma might airdrop you $10 next. Web3 finally feels... normal.

Bitget , the leading cryptocurrency exchange and Web3 company, made a significant impact at Google Developer Group’s recent "Build with AI" Hackathon, held from May 2nd to 5th, 2025. Going beyond mere sponsorship, Bitget's Blockchain4Youth initiative actively engaged with over 130 bright student minds, exploring the convergence of blockchain and artificial intelligence. The event, organised by Google Developer Groups (GDG) on Campus, provided a vibrant space for Bitget to connect directly with the next generation of tech innovators. During a dedicated presentation, the Blockchain4Youth Builder program was introduced, showcasing Bitget's commitment to nurturing young talent within the Web3 space. This participation highlights Bitget's forward-thinking approach to integrating blockchain education with emerging fields like AI, recognizing their combined potential. While students tackled the creation of AI-driven models and early-stage products using Google's advanced tools, Bitget's presence offered a unique perspective on how blockchain can enhance and be integrated with AI solutions. This real-world interaction provided valuable insights for students, bridging the gap between theoretical knowledge and practical application within the rapidly evolving tech landscape. "Education remains a core tenet of our mission, and through initiatives like Blockchain4Youth, we aim to equip the young generation with the skills to not just navigate, but to actively shape this dynamic sector." commented Vugar Usi Zade, COO of Bitget. “Collaborating with communities like the Google Developer Group offers a valuable opportunity to connect with bright minds and support their exploration of blockchain for impactful solutions. Blockchain4Youth will continue to expand its reach, fostering the growth of future Web3 leaders who can seize the immense opportunities this technology offers.” This engagement at the GDG "Build with AI" Hackathon is a key component of Bitget's broader Blockchain4Youth program, the company's dedicated Corporate Social Responsibility (CSR) initiative. This program seeks to enable the next generation of Web3 leaders through learning opportunities and practical experiences. Recent steps within the Blockchain4Youth program include the launch of Bitget's Graduate Program, designed to recruit top university graduates into blockchain and Web3. Additionally, the expansion of their Builders Program continues to supply promising Web3 individuals with firsthand experience through offline events, learning programs, and strategic community growth. Bitget's active role in events like the Google "Build with AI" Hackathon shows its intent to spur innovation and equip aspiring tech professionals with the skills and connections to shape the future of Web3 and related advanced technologies. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use . Bitget , the leading cryptocurrency exchange and Web3 company, made a significant impact at Google Developer Group’s recent "Build with AI" Hackathon, held from May 2nd to 5th, 2025. Going beyond mere sponsorship, Bitget's Blockchain4Youth initiative actively engaged with over 130 bright student minds, exploring the convergence of blockchain and artificial intelligence. The event, organised by Google Developer Groups (GDG) on Campus, provided a vibrant space for Bitget to connect directly with the next generation of tech innovators. During a dedicated presentation, the Blockchain4Youth Builder program was introduced, showcasing Bitget's commitment to nurturing young talent within the Web3 space. This participation highlights Bitget's forward-thinking approach to integrating blockchain education with emerging fields like AI, recognizing their combined potential. While students tackled the creation of AI-driven models and early-stage products using Google's advanced tools, Bitget's presence offered a unique perspective on how blockchain can enhance and be integrated with AI solutions. This real-world interaction provided valuable insights for students, bridging the gap between theoretical knowledge and practical application within the rapidly evolving tech landscape. "Education remains a core tenet of our mission, and through initiatives like Blockchain4Youth, we aim to equip the young generation with the skills to not just navigate, but to actively shape this dynamic sector." commented Vugar Usi Zade, COO of Bitget. “Collaborating with communities like the Google Developer Group offers a valuable opportunity to connect with bright minds and support their exploration of blockchain for impactful solutions. Blockchain4Youth will continue to expand its reach, fostering the growth of future Web3 leaders who can seize the immense opportunities this technology offers.” This engagement at the GDG "Build with AI" Hackathon is a key component of Bitget's broader Blockchain4Youth program, the company's dedicated Corporate Social Responsibility (CSR) initiative. This program seeks to enable the next generation of Web3 leaders through learning opportunities and practical experiences. Recent steps within the Blockchain4Youth program include the launch of Bitget's Graduate Program, designed to recruit top university graduates into blockchain and Web3. Additionally, the expansion of their Builders Program continues to supply promising Web3 individuals with firsthand experience through offline events, learning programs, and strategic community growth. Bitget's active role in events like the Google "Build with AI" Hackathon shows its intent to spur innovation and equip aspiring tech professionals with the skills and connections to shape the future of Web3 and related advanced technologies. Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price , Ethereum price , and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use .

𝐖𝐡𝐞𝐧 𝐓𝐨𝐤𝐞𝐧 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐈𝐬 𝐉𝐮𝐬𝐭 𝐚 𝐇𝐞𝐢𝐬𝐭... 𝐕𝐚𝐦𝐩𝐢𝐫𝐞 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞 A Weekend Dose: "If you’re calling it a distribution and not a diversion, you’re lying to yourself." Token distribution has lost its soul. What once was a tool for empowering ecosystems is now a blade for bleeding them dry. Most new projects offer bait. This is a liquidity ambush. And with several TGEs around the corner, I don't know how to feel. --- 𝐓𝐡𝐞 𝐑𝐞𝐚𝐥 𝐍𝐚𝐭𝐮𝐫𝐞 You’ve seen the pitch: “Stake here, earn more, unlock potential.” Under that surface, the strategy is cold-blooded. Token distribution designed around short-term yield is a silent war strategy. They are not mechanisms to build user love or product feedback loops. They’re engineered drains, parasitic models that extract value from other ecosystems, then collapse inward when the reward fumes vanish. What’s worse? Many teams have no intention of holding attention once the TVL arrives. --- 𝐓𝐡𝐞 𝐅𝐫𝐞𝐬𝐡 𝐊𝐢𝐥𝐥 𝐋𝐢𝐬𝐭 (𝟐𝟎𝟐𝟑–𝟐𝟎𝟐𝟒) a. Blast (2023) → Mechanism: Users locked ETH for weeks with no L2 product, just points. → Vampire Move: A vault with no key. Yield came from outsourced DeFi protocols such as Lido and Maker, not Blast itself. It was spun as “future upside.” → Heist Factor: $500M+ locked without utility. → Fallout: No protocol loyalty. Capital was mercenary. Most yield farmers pulled out post-airdrop. Alive or Dead? Alive, but limping. b. Starknet (2024)- Loyalty Doesn’t Pay → Mechanism: Starknet launched a massive airdrop but ended up ignoring core dApp users. → Vampire Move: The airdrop was a marketing blast, hoping for narrative buy-in. → Heist Factor: STRK became a liquidity event. → Fallout: Token dumped hard. dApp developers distanced themselves from the L2. Alive or Dead? Alive. Tech is solid, but the distribution strategy affected their legitimacy. If composability doesn't match community repair, expect fragmentation. --- 𝐓𝐡𝐞 𝐏𝐬𝐲𝐜𝐡𝐨𝐥𝐨𝐠𝐲 𝐨𝐟 𝐁𝐥𝐨𝐨𝐝𝐬𝐮𝐜𝐤𝐢𝐧𝐠 Vampire incentives thrive on urgency and illusion. ‣‣ Hype emissions like they’re rare, ‣‣ Promise future access while delivering nothing today, ‣‣ Target rival TVL, not rival innovation... These designs never account for Retention, Conversion, and Affection. --- 𝐖𝐡𝐚𝐭 𝐓𝐡𝐞𝐲 𝐒𝐡𝐨𝐮𝐥𝐝’𝐯𝐞 𝐄𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐞𝐝 𝐈𝐧𝐬𝐭𝐞𝐚𝐝 Here are suggestions that might fix the playbook: → Progressive Commitment: Reward long-term behavior. Deposit amounts matter, but time-in-market and governance. → Negative Flow Filtering: Penalize short-term mercenaries. Retroactive slashing of rewards for wallets that exit within 7 days might work. → Recursive Loyalty: Create multipliers for users who return and continue to contribute. The goal is to enable social alignment. The best incentive is a product that users want to stay for. --- Liquidity that runs at the sight of blood was never yours to begin with. If the tokenomics is not building loyalty loops, it is not a growing protocol. But how would you know?