Daily Alpha and Summary. 8, April, 2024.
Defi
Andre Cronje proposes to assist with launch of memes on Fantom
PlutusDAO discontinued plsArb product following community input with plans to initiate 1:1 plsARB to ARB redemptions soon.
Parallel gaming sets up Parallel league global tournament series with a prize pool this year of $500k
Ethena is offering increased rewards for users locking $ENA, excluding vested team/investor allocations
I agree
Sturdy revamped and now keeps growing. $50M TVL atm. I expect more as they keep implementing
Karak Network announce $48M series A raise at $1B+ val from Coinbase etc. Karak’s building generalized restaking like Eigen but for multiple assets
I’m very bullish on TON
Dydx proposal to liquid stake 20M DYDX with Stride has passed with 91.7% voting yes
Obol Labs’ Distributed Validator Clusters are ready to be activated in the Lido Simple DVT module on ETH mainnet
AltLayer MACH AVS has launched on Holesky testnet, marking the first AVS to operate under the re-staking Rollup framework. It’ll serve OP and Arbitrum
As Friendtech likely to drop token soon. Socialfi Szn gears up
Socialfi on Metis
1INTRO announce there plans—launching on Solana with features like AI-driven 1DEX, offering advanced trading tools, smart AMM, and automatic liquidity shifting. It also introduces 1LBP for customizable liquidity pools and 1DEPLOY for easy token launch. Aimed to be Solana's top DEX, it combines a sleek interface with AI-powered insights. Public launch is imminent.
Bullish on Unibot of X. There LBP details 👇🏻
Tensor airdrop went live yesterday
Metis holders can now stake for $vMetis on Vector for yield
Airpuff LBP details 👇🏻. Bullish on this one
Base memes doing well recently. I’m bullish on this one 👇🏻
NFT
State of NFTs
Degen chain to grant 10M $Degen for teams in “Deploy on Degen” week
Airdrop
Omni Network airdrop confirmed for PudyPenguin and Milady holders and Etherfi stakers. Omni aims to unify all rollup liquidity and secured by EigenLayer.
Possible Mantra chain #OM airdrop for Celestine Sloths
Airdrops you should be farming
True
Saku Monsters rollout— In phase 2 which comes next, you’ll be able to hatch Hatch eggs and start collecting monsters from GEN1 while earning coins. Phase 2 live soon
State of the Market
Higher
Stay safe
True
Study history
