Daily Alpha and Summary. September 11, 2024
π was Hogwarts busy. Seems to be back
DeFi
Aave DAO deploy Etherfi market on Aave where users can borrow stablecoins: $USDC, $pyUSD, $FRAX against their staked wETH
Aave DAO proposal to support Coinbase cbBTC upon launch on ETH and Base goes live
Paxos expand their stablecoin issuance and tokenization platform with Arbitrum to bring RWA onchain
Velo Labs integrates BlackRockβs tokenized $500M fund BUIDL, itβll be used to back their stablecoin USDV
ENS is now supported on PayPal and Venmo
Reminder to check Eligibility for EigenLayer S2 Stakedrop
PIN AI raise $10M in preseed to launch the world's first Open Platform for Personal AI
EigenLayer AVSβ Nuffle labs extend EigenLayer restaking functionality outside Eigen environment allowing restakers stake at the home chain/any chain. They call themselves first Universal restaking layer
Origin β ETH LSD and stablecoin protocol goes live on Base, Aerodrome
zkps on Optimism to go live after successful Succinct labs and Optimism collab to launch OP Succinct
Fraud proofs go live on Optimism mainnet
Osmosis build Polaris to solve liquidity fragmention. Polaris will support EVM, Cosmos and Solana environment
Vitalik says starting next year heβll stop supporting Rollups that are not Stage-1 in a bid to end Rollup multisig security threat
Polygon partner with FabricCrypto to accelerate the Agglayer with software-hardware co-design as theyβre set to purchase $5M worth of servers equipped with computer chips dedicated to zk cryptography.
Sei tease liquid staking Super Seiyan ETH with Dinero and Nucleus earn
Nansen acquires non-custodial staking service providerβ Stakewithus
Aleph Zero launch NEON program to help accelerate enterprise product into its eco, already enlisting global partners like Pairpoint, Vodafone and Sumitomo
Huma finance raise $38M led by Distributed Global to accelerate its RWA platformβ PayFi. This raise will expand them to Solana and Stellar's Soroban network.
Pancakeswap launch prediction bot on telegram
Etherfi partners with Scroll to make them settlement layer for Etherfi cash
Step finance announce Step Data API to provide Solana Dapps with Wallet Positions, Historical Transactions, and NFT Data
Orange Cap Games announce $2M pre-seed to power PudyPenguin IP through their upcoming trading card game Vibes
ETH Vista to ship to other chains. Arbitrum most likely confirmed
Vitalik deposited $6.73M from ETH sales into Aave