Daily Alpha and Summary. July 29, 2024
Defi
Compound Finance proposes StakedComp a yield bearing asset for comp stakers. This comes after compound finance governance was attacked by whale, Humpy who directed $25M in COMP token to a yield-bearing protocol, goldCOMP which would give passive income to COMP token holders. Humpy runs Golden Boys community and goldCOMP is one of their product. However, they recently reached a truce and Humpy will cancel the proposal
TLDR: Humpy forces them to turn the fee switch on
Daily Farming
Farm this one using my ref-
https://app.usual.money/#OO8BV
Rwa will print hard this cycle
Okx will list Ondo for spot trading
Maverick v2 is live on Scroll
Aave DAO approved v3 pool launch designed for Lidofinance stETH and wstETH on mainnet
Eclipse NFT alpha
21shares integrated Chainlink Proof of Reserve (PoR) to increase reserves transparency for the 21Shares Core Ethereum ETF (CETH).
Pstake Bitcoin Liquid Staking v1 on Babylonchain is now live with a 50 Bitcoin total deposit cap
Zero1 FHE-EVM chain testnet will be live in months
State of the Market
U.S. government moves $2 billion in BTC to a new address. This comes after the U.S. Marshals signed with Coinbase Prime to start custody of government-held digital assets.
The SEC seeks to amend its complaint against Binance, aiming to no longer prove that tokens like Solana are securities.
Slovenia becomes first European country to issue a sovereign digital bond with a €30M bond sale
US govt announce additional $1.7B military support to Ukraine
