Daily Alpha and Summary. 9, April, 2024.
DEFI
Bullish on Karak you should bridge too.
You’ll need codes to restake your assets on Karak— 7W9xI , 37NLh , SVxur , DMwzl , xNqET
Aptos partners with Ionet to increase access to GPU resources to foster AI development
Cardano out of the top 10 MC
Celestia shills Celestine Sloths
Router partners with Caldera to increase interconnectivity across Caldera chains
USDC natively live on zksync mainnet
Circle’s EURC.e live on Polygon zkEVM
Union is collaborating with Lava Network to enhance data access speed, reliability, and security for Union users. The partnership includes a $100,000 public RPC program to integrate node operators with Union via Lava Network, offering rewards in Union’s tokens
Manta Network announce selection of nine projects for their Manta zk Accelerator Program in collaboration with CelestiaOrg and 0xPolygon. Study projects who qualified
Mantle $mETH integrates with Zircuit L2, a zk Rollup with AI-enhanced security. Earn Zircuit points by staking $mETH in it
Mantle’s 2.5B mShard campaign— Lock your $MNT to get mShards cos 582 mShard is 1 ENA
Debridge points go live. Bridge from EVM to SOL vice versa
Slipstream is set to land on Aerodrome on April 22nd. Slipstream brings unique features like- User-friendly tick-spacing, Zero offchain accounting, Faster oracle updates and Custom fee algorithm that adapts to volatility
AI protocol building on Base
HashKey Capital announce upcoming launch of ETH zk-L2 chain. Will use $HSK to incentivize chain contributors
MakerDAO has increased its debt ceiling to $1 billion for DAI allocations in stablecoin markets on Morpho.
1inch has launched a Web3 debit card in collaboration with Mastercard and Baanx.
Devs at TokenFi proposed a new program aimed at enhancing benefits for Token holders. The "TOKEN Supercharge Program" offers early access and up to four times more tokens for TOKEN holders and stakers on TokenFi, with a minimum of $1k in TOKEN needed for priority access. This initiative aims to prevent quick sell-outs in token sales, prioritizing existing TOKEN holders.
FTM higher
Stride launches stSAGA. Stake your SAGA for stride airdrop
ZetaMarket announce upcoming launch of its token Z
Mode announce The Mode Yield Accelerator Program which aims to stimulate growth in the Yield & DeFi sectors within the Mode ecosystem, offering a $10M fund for early-stage innovations. Running until end of June 2024
Runechain a zk Bitcoin L2, aims to attract memecoins and the broader public to Bitcoin by offering a platform with improved scalability. The project plans to launch its mainnet in April, with a commitment to distribute 100% of its tokens to the BVM community and the extended Bitcoin & Ordinals communities, excluding venture capitalists and internal allocations.
Long/short TNSR on MUX
Dappad launchpad is coming to Movement M2 to raise funds and launch projects on M2
EigenLayer DA goes live on Mainnet
Monad raises $225M backed by a lot of CT Ogs
Vector R. burns ~$130M+ of VEC
Airpuff partners with Mode— 2x boost on Mode points and 3x boost on Airpuff points
Maximize your eETH on beefy
Bitcoin economic layer— Mezo Network by Thesis VC
Friend tech
Oracle network Switchboard is live on Eclipse devnet
Steve Young Former VP and CRO of Activision Blizzard gaming giant joins Param Labs
Saga stakers snapshot to be taken in month of April
a16z announces release of Jolt, claims to be the fastest zkVM in the World
New projects building on L0
Airdrop
Mantra airdrop on 16th
Some modular token airdrops to keep eyes on
State of the Market
True
Base season. Coinbase has earned ~$33M in revenue on Base in 2024
Higher
Bullish for Crypto
True