Daily Alpha and Summary. 16, April, 2024.

Defi

Ethena users can now deposit ENA into @pendle_fi and receive 30x rewards per day

ETHFI will use wormhole tech to go multi chain. Expect ETHFI cross chain staking

OKX L2 utilizing Polygon zk CDK, X Layer hits mainnet

Arbitrum on its way to become a Stage 2 Rollup with BOLD live on testnet. BOLD will enable permissionless validation on Arb chains, hence improving decentralization.

Stargate announce V2 is imminent

Injective propose Inj 3.0 to make Injective token deflationary

Tether plans to launch multichain-multi asset tokenization platform

Vitalik’s “Privacy is normal” Railgun support pumps Railgun native token

LRT, Puffer raises $18M at $200M FDV led by led by Brevan Howard, Electric Capital as it gears towards launch

Stepn partners with Adidas to release NFT collection

Hyperliquid to airdrop $purr to point holders. Purr is Hyperliquid memecoin.

Binance teases zksync airdrop with $80k $zks quest

SAGA stakers to expect token & NFT drops from 100+ projects like @playSHRAPNEL, @TheSandboxGame, @WilderWorld etc

Prcl airdrop goes live and OKX/Bybit to list it

Stay safe