GM Digest #138 — Bitcoin Hits 2023 ATH
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
BTC Hits 2023 ATH
• BTC has pumped by another 2.3% to almost $44k in the past 24 hours while altcoins are still lagging behind
• BRC-20 tokens such as $MUBI, $BSSB on EVM and $ORDI & $TRAC on actual Bitcoin Segwit (using Xverse) chains have been pumping extremely hard
• Bitcoin Defi Ecosystem like Stacks & Alex has also seen 200% growth during the past week
Curvance Seed Round
• @Curvance, an omnichain money market for yield bearing assets (powered by @wormholecrypto), has successfully raised $3.6 million in a seed funding round
• The funding, contributed by over 20 DAOs and developers including Offchain Labs, Wormhole, and contributors from Polygon, Scroll, and Curve, will be used to expand operations, enhance security audits, and recruit talent in the DeFi market
• Curvance aims to address fragmentation in blockchain finance by serving as an 'everything app' for lending and borrowing, supporting Ethereum and Layer 2 solutions like Arbitrum and Polygon zkEVM
Thoughts: The protocol is not live at the moment, and there is no token available yet. However, it's worth keeping an eye out for any opportunity to become an early adopter or user. As an added bonus, since the protocol utilizes wormhole, using it could potentially position you for a $HOLE airdrop as well
Introducing Eesee
• @eesee_io is a digital asset marketplace and social platform designed to enhance sales and liquidity
• They recently announced their successful fundraising campaign, raising $1.1M. Currently, they are running a testnet campaign where participants receive airdrops of NFTs and $ESE tokens
• In order to participate in the testnet, and thus become an early adopter you need to obtain a code for the QuestN campaign, demonstrate wallet transactions, and submit the proof in Eesee's Discord channel
Thoughts: The number of testnet campaigns and paper trading competitions going on right now, where you can win tokens without sacrificing your capital, is crazy. And this is another such opportunity. All you have to do is stay active and provide feedback. It's literally free money
Merit Circle x Pantera
• @MeritCircle_IO has announced a strategic partnership with @PanteraCapital
• Pantera Capital is now a holder of Merit Circle's $BEAM tokens and will support Merit Circle in hiring, networking with games, and promoting its DAO and gaming ecosystem, Beam
• Beam is Merit Circle's network tailored for the gaming industry, that connects a chain-agnostic ecosystem with games, products, and apps
Thunder V2 Live
• @ThunderTerminal announced their V2 which revamped the platform’s UI/UX to give users a Bybit-like experience
• V2 allows for mega bundling, MEV bribing, and transaction simulations free of any transaction fees. Bugs from the anti-rug, auto slippage, limit orders, and copytrading modules have also been fixed
• Thunder Terminal currently has a program for users to accumulate points. Points are earned by trading, referrals, run bundles and pay MEV bribes
Render Network RNP
• @rendernetwork’s RNP-006 and RNP-007 have passed
• RNP-006 is transitioning from ERC-20 RNDR to RENDER SPL tokens on Solana. This proposal will leverage the low-cost, high-throughput transaction infrastructure offered by Solana and to enable the network to support a broader range of applications and services requested by users of the network
• RNP-007 introduces @FEDML_AI for the Render Network allowing developers to build, deploy, and monetize AI models with Render's GPUs
• The 2 proposals will be implemented into Render Network’s Roadmap
Misc News
• @BananaGunBot announces partnership with @EmpyrealSDK
• @astroport_fi flips @osmosiszone for the first time in trading volume
• Circle launches open source protocols to address on-chain theft and risks of illicit finance
• @FantomFDN announces Sonic Labs, an incubator for developers to build innovative dApps ready for the Sonic mainnet
• @GyroStable teases deployment on mainnet soon
• @Chromia confirms mainnet launch in 2024
• @ApeironNFT has partnered with Sky Mavis to bring their game — Apeiron onto the Ronin Network
• @RealFlokiInu announced that DWF Labs purchased an additional $1.25m in FLOKI tokens
• @Neutron_org announced that they have partnered with @confio_tech to bolster CosmWasm adoption and align the development roadmaps of Neutron and Confio
• @ankr’s RaaS now supports zk Stack chains
• @Radpiexyz_io IDO on 11th Dec
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*