Daily Alpha and Summary. July 2-3, 2024

Defi

Balancer unveils Balancer v3 codebase, waiting for final audit before official release

Chromia MVP mainnet to launch July 16

FLR inflation to decrease from 7% to 5% starting July

Polkadot $245M treasury running dry spends spent $87M worth of DOT on various ads in the first half of this year

Intern be interning

Astar to burn 5% of total supply

Prodia labs building a distributed network of GPUs for AI inference solutions raises $15M led by Dragonfly Capital

Pi Squared zk verifiable computing announce $12.5M seed round led by Polychain

Modular oracle Redstone raises $15M Series A round led by Arrington Capital

Clearpool launches on base to enable institutional access to DeFi credit via Credit Vaults

UAE Real Estate MAG partners with MANTRA to tokenize $500M in Real Estate Assets

Data AI protocol Openledger raised $8M seed round led by Polychain

BTC restaking protocol Lombard raises $16M seed round led by Polychain

Bittensor pauses chain after $8M token hack

Borpa terminates deal with Entangle

Zksync announces elastic chain (similar to polygon agglayer, Op superchain) comprising of zkrollups building with zkstack: sophon, lens, etc

Flare integrates to L0 allowing it to access over 70+ different blockchains

Consensys has acquired Wallet Guard to increase Mêtāma$k security

Symbotic crosses $1B in deposits in 1 month

DWF launches $20M fund to empower projects in Chinese speaking regions. Projects focused in GameFi, SocialFi, memes, L1/L2

Chainlink collabs with Fidelity International and Sygnum to bring NAV (Net asset value) data on-chain

Initially a BNB chain metaverse project, Playbux has expanded to become an AI-powered, gas-free L1

Obol labs forms group to push advancement Decentralized Validator technology

Gaming blockchain, Oasys integrates Circle's new bridgedusdc Standard into their Chain via CelerNetwork’s cBridge