ETH gas fees hit an eight-month-high amid the ERC-404 token craze, while the Starknet network deals with an ongoing airdrop frenzy.
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.
Last week in DeFi witnessed the Starknet airdrop frenzy, with many users claiming to have received a bare minimum of the expected airdrop or none. Meanwhile, Uniswap’s founder warned against a new Ethereum Name Service (ENS) domain scam.
Ethereum gas fees hit a new 8-month high amid the ERC-404 craze, while EigenLayer became the fourth-largest restaking protocol with $7 billion in total value locked (TVL).
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Source: https://cointelegraph.com/news/starknet-airdrop-eth-gas-fees-finance-redefined