Daily Alpha and Summary. October 14, 2024
DeFi
Vitalik Buterin proposes lowering ETH validator threshold from 32 to 1ETH. The Objective is to achieve single-slot finality and make staking more accessible
Approaches include:
1. Enhanced signature aggregation
2. Orbit committee model
3. 2-tier staking framework
Larry Fink bullish on ETH says “the role of Ethereum as a blockchain can grow dramatically.”
Arbitrum DAO propose $120M recall from gaming fund that missed deadlines
SUI fud
Hyperliquid token— Hype, eligibility is live. Token launch will complement the launch of HyperEVM on mainnet
Puffer token claiming is live
Solv raise $11M at $200M val from Nomura, Blockchain Capital and OKX Ventures to power BTC restaking with recently launched SAL (Staking Abstraction Layer)
Grayscale is considering $JUP (Jupiter), $AR (Arweave), $PYTH (Pyth), $HNT (Helium), and other tokens for potential inclusion in its future investment products.
https://www.grayscale.com/blog/general-updates/assets-under-consideration-current-products
Tether CEO Paolo Ardoino said he’s exploring opportunities in commodities trading and TradFi.
Ethena proposes adding $SOL as one of $USDe backing asset
https://gov.ethenafoundation.com/t/proposal-onboard-sol-as-a-usde-backing-asset/232