Daily Alpha and Summary. May 4, 2024

Defi

MakerDAO announce two new token— Stablecoin & Governance Token, NewStable ($NST), an upgraded version of $DAI and NewGovToken ($NGT), 1 MKR = 24,000 NGT

Osmosis is building a BTC L2

Secret Network to expand its Confidential Computing Layer to a new zkRollup next week

ENA liquidity lock has been simplified.

Users can now lock ENA to receive a scaled sats boost up to 100% based on the amount of ENA locked relative to USDe positions

DeaI point system for timeframe stakers for projects launching on Zero1

L0 says Sybillors should self-report for 15% or get nothing. And Merkly is blacklisted as Sybil

Drama

BTC according to Farside, GBTC saw its first inflow of $63M yesterday, since January