Daily Alpha and Summary. January 8, 2024

DeFi

Usual’s USUALx revenue switch to go live on when >50% USUAL are staked or auto activates on Feb. 100% of Usual’s $5M p.m (currently) revenue will be shared to USUALx stakers

Backpack acquired FTX EU as they plan to expand to Europe bringing crypto derivatives into the EU and will distribute $55M FTX EU affected customers

Gaming studio Illuvium partners with AI agent marketplace, Virtuals

Ripple CEO Brad Garlinghouse had dinner with Trump at Mar-a-Lago yesterday

Dolomite DOLO to tge after Berachain official launch

State of the Market

Yesterday, $205M was liquidated from the crypto market in 60mins

Trump to announce $20B data center investment in US

Farming

Farm ZeroBase backed by Binance using my ref https://app.zerobase.pro?code=KYF2G

Farm Perena, decentralized stablecoin backed by Binance using my ref perena.org/swap?code=portability_index_daofi

perena.org/swap?code=lightning_liquidity_signature