June 19, 2024: $cvxNPR 🧮💸 A resurgent Convex Finance lays its eyes on Napier. - 𝕏/@curvecap
Читать полностью…Crypto vs Internet adoption curve. Networks are only really valuable once they reach a certain “tipping point”, an inflection where both sides of the market see enough liquidity to supplant earlier networks. Crypto has not yet reached inflection, but it's getting there. - 𝕏/@delphi_digital
Читать полностью…US Spot Bitcoin ETFs see $152 Million In net outflows, extending negative streak to four days. - The Block
Читать полностью…Competing protocols bid to attract Lens to their networks but bowed out after ZKsync's offer. - DL News
Читать полностью…The vote is now open for the cross-chain implementation of the GHO stablecoin, the native asset of the Aave Protocol, beginning with the @arbitrum network, powered by the @chainlink Cross-Chain Interoperability Protocol (CCIP). Vote now - 𝕏/@aave
Читать полностью…Bitwise amends its SEC registration statement for its spot Ethereum ETF - 𝕏/@theblockupdates
Читать полностью…f(x) Protocol launches $arUSD, a dollarcoin backed by LRTs that earns autocompounded yield and points - Medium
Читать полностью…Liquid restaking protocol Renzo raised $17M Round led by Brevan Howard and Galaxy, highlighting their commitment to expand restaking to other ERC-20 tokens as well in the future - Coindesk
Читать полностью…A solid good, bad, and ugly of the recently launched and discovered $DJT supposed Trump meme-coin - 𝕏/@zaddycoin
Читать полностью…Prisma Finance offered to acquire Moebius a universal meta-restaking protocol that unifies restaking across multiple protocols, allowing anyone to mint liquid restaking tokens starting with Karak and EigenLayer. - gov.prismafinance
Читать полностью…Coinbase announces upcoming launch of pre-launch markets on Coinbase Advanced - 𝕏/@coinbasetraders
Читать полностью…Convex is ripping, up 100% in the last 24 hrs. Value is back! Our paid subs got the info back on May 29th in our newsletter when we wrote this:
“Besides protocol fees generated from the socialized boost that Convex Finance provides to its stakers, it also currently controls the voting rights for the 4 aforementioned protocols, and with this voting power, it can direct $1.8m in emissions for every 2-week period. That’s $46m per year at current token prices. This is grossly misunderstood by the market right now. If Frax/Curve/FX or Prisma were to have a meager 5x increase in token price, that would put Convex’s emissions value at $234m per year! How would you value a company that controlled a quarter of a billion dollars? in value direction?”
Read more on our blog
Representative Mike Collins discloses purchase of Velodrome ($VELO) - 𝕏/@quiverquant
Читать полностью…Ton blockchain reaches $600M TVL, becoming the fastest growing blockchain with a 118% surge during the past month - DefiLlama
Читать полностью…Solana liquid staking protocol Marinade unveils 'auction marketplace' to optimize yields - The Block
Читать полностью…Binance launches HODLer airdrops to BNB Holders.
Users who subscribe to Simple Earn using BNB will receive airdropped tokens issued by projects with a large token circulating supply that intend to soon list on Binance. - Binance
Bored Apes now trade below 10 ETH, marking a 90% decline from May 2022 peak. - DL News
Читать полностью…ZachXBT posts a screenshot of Shkreli sharing DMs with Andrew Tate on KOL distributions of $DJT and his supposed involvement after Arkham sets up a $150k bounty - 𝕏/@zachxbt
Читать полностью…Synthetix (SNX) trading to be suspended by Coinbase on June 19 for New York users - 𝕏/@CoinbaseAssets
Читать полностью…ETHEREUM SURVIVES THE SEC: In a major win for Ethereum, the SEC Enforcement Division closes its investigation notifying Consensys that no enforcement actions will be recommended - 𝕏/@Consensys
Читать полностью…DLC_Link has integrated Chainlink Proof of Reserve to help secure the minting of dlcBTC, a non-custodial wrapped Bitcoin, & enhance transparency around reserves. - dlc.link
Читать полностью…Drift partners with Ondo Finance to launch RWA margin in Solana DeFi. - drift.trade
Читать полностью…The YieldNest team participated in the @EigenLayer AVS Hackathon!Introducing PointGuard, our solution for transparent, deterministic, and fair point systems. - 𝕏/@YieldNestFi
Читать полностью…The AO Protocol: A Decentralized Open-Access Supercomputer
Arweave’s newest network is live and rewards are about to kick in tomorrow. 100% of the supply will be airdropped to AR holders and the community, we analyzed the potential returns and how it could earn up to 4000% on your Lido staked ETH - open.substack
AltLayer announces dual staking to either delegate ETH & LSTs via EigenLayer AVS system or stake ALT & CYBER tokens to secure the Cyber MACH network - blog.altlayer.io
Читать полностью…Ps we are just a couple of boosts away until we can start sharing Squid Waifus in our stories again.
Читать полностью…The Rise of Perpetual Commodities Markets with Ostium's Kaledora
Crypto’s first “killer” app is and continues to be perpetual futures. We love them for their 24 hour uptime, ease of trading, high leverage and juicy funding rates. But for some reason, TradFi just hasn’t caught on yet to the power of perps. That’s about to change very soon with Ostium launching commodities perps for every major futures market; oil, corn, hogs, cattle, SP500… they have it all. It’s all onchain, transparent, and could be the next major trading venue.
Come watch live on Youtube
Tether launches Alloy (aUSD₮), a digital currency tracking the US dollar. It’ll be over-collateralized by Tether Gold (XAU₮), which is in turn backed by physical gold stored in Switzerland. - Tether.io
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