Daily Alpha and Summary. January 9, 2025

DeFi

Berachain listed 127 RFA projects. These projects will receive $BERA allocations, with a requirement to distribute at least 70% to mainnet users and liquidity.

Movement Labs is approaching the completion of a $100M Series B funding round led by Coinfund and Nova Fund at $3B FDV.

Blast will announce launch of its mobile platform and update on tokenomics later this month

Phala, Polkadot-based parachain, has launched a new ETH L2 in collaboration with infra partners Succinct Labs and Conduit.

Starknet announced the launch of SN Stack - a toolkit to support building of appchains. Anyone can create a ZK network at extremely low cost.

State of the Market

The U.S. Department of Justice (DOJ) has approved the sale of $6.5 billion worth of Bitcoin seized from Silk Road.

Farming

Farm Rivo points in they Defi Renaissance campaign using my ref: https://app.rivo.xyz/renaissance-event?invite_code=iYHxiC