Daily Alpha and Summary. July 8, 2024

Crypto Integrated

Jul 09, 2024

Defi

EOS network launches 250M EOS staking program with 21 days lock period.

Great team pioneering DVT. They just hit 1m ETH, this comes after their DVT infra permissionless launch in December.

Zerion’s L2– Zero joins zksync elastic chain

Zerion joins zksync with this. Elastic chain is like Polygon Agglayer and Op superchain.

ParaSwap announces new product ParaSwap Delta, it’ll leverage Portikus infrastructure (decentralized Intent layer; a decentralized network of nodes running a solving engine on Paraswap’s aggregator) on Paraswap, enabling users to trade tokens w/o worrying about MEV or gas

Wormhole lunches native USDT transfer on Uniswap v3 and Pancake swap pools available on ETH, Arbitrum, Base, Optimism, Avax, Polygon, BNB

1inch Labs announce addition of Web3 RPC API to their 1inch developer Portal to expand the range of tools available to developers. This will help devs with efficient and robust RPC blockchain interaction without the need to run their own node.

Halliday aims to be the commerce layer of the appchain/modular world.

Halliday launches Halliday Commerce Automation Network to improve app-chain commerce, address chain UX, and web2-web3 off/on-ramp

AI and cryptography research lab, Bagel network announce GPU restaking solution in collaboration with Filecoin; this will allow devs to train and store their models using Filecoin’s tech

Education protocol, Open Campus announced $1M hackathon to promote decentralized app development on the EDU Chain, a decentralized blockchain for education

Immunefi and Ethereum Foundation launch Attackathon to enhance Ethereum’s protocol security. Ethereum Foundation has seeded the reward pool with a contribution of $500k

Xai game contributors have agreed to relock their July unlock tokens over 6 months; bringing team allocation from 85M to 17.7M tokens. ~107.9M XAI tokens will be unlocked in July

I wonder who designed their tokenomics