Daily Alpha and Summary. 30, Sept, 2023.
Defi
A new protocol— Warp Dex Introducing Logarithmic Matching Engine
Ethereum Follow Protocol aims to build web3 identity in web3; ie there’s ENS but more like ENS +NFT + pfp + any other social identity of the user for Ethereum accounts
Og Defi— MakerDAO co-founder, Rune, proposes using Solana’s codebase to create a new chain. Cities it’s cheap txn, Forkable, etc
Rune’s caused alot of outburst within the ETH community. Vitalik then sells 500 MKR for 350 eth
EigenLayer highlights 12 projects leveraging its tech
Guide to farming on Aerodome
Lybra launched peUSD on Arbitrum, peUSD is the Omnichain DeFi Utility version of eUSD
zkRollup soon on Bitcoin; powered by @kasarlabs
Bitcoin community debates on which BIP to add sidechains to Bitcoin network
GMD Chaos. GMD and some other protocols were defrauded by OTC scam
Community calls out Saul, founder of GMD
Saul laments on mistakes he made
State of the Market
Arkham claims to identify Grayscale Ethereum Trust on Chain worth $5B
Popular crypto influencer, Zaheer states some bear market factors. Money in flow is thin, hence traders/degens go onchain for newer liquidity sources; all hopes lies on ETF
Delta shares thoughts on taking profits from life changing money
FTX liquidators seem to get ready to dump SOL
Crypto Daily News
Ze end 🐍
appreciat 💪