GM Digest #149 — Avalanche & Solana Gains
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Avalanche & Solana Run
• Despite the overall market retracements across BTC, ETH, and altcoins, Avalanche & Solana coins have experienced large gains in the last two days
• The airdrop farming activities on Solana still remains high while memecoin season has started on Avalanche with coins like $COQ & $MONK doing 300-800% gainz
Lemon Terminal Launch
• The launch of @LemonTerminal, an All-In-One crypto trading platform, and the $LEMON Token is scheduled for Dec 19
• The platform integrates various trading functionalities like centralized exchange trading, futures, advanced news aggregation, and on-chain trading
• The $LEMON token, central to the ecosystem, offers a revenue-sharing model and staking rewards in ETH
• Lemon Terminal will be accessible on both mobile and desktop
Aark Season 2
• @Aark_Digital’s Early Bird Season 2's Soft Lock-up phase for the Advanced Liquidity Pool ($AALP) participants starts after the hard lock-up ends on Dec 20 and lasts until Feb 20
• Participants can earn rewards based on their AALP position size, with 150k $AARK allocated. An additional 50k $AARK is available for those who apply for the hard lock-up
• Exiting the program is possible through a form, but rejoining isn't allowed
• $AALP now offers more features and collateral flexibility, allowing assets like ETH and BTC as collateral
Rodeo STIP Backfund & GMX Grants
• @Rodeo_Finance has received both the 250k ARB from Arbitrum backfund STIP grant & 100k GMX grant
• Both of the incentives will be used to incentivize lending pools & GM Leverage farms (that allows 10x leverage on GMX v2 GM Pools)
• Rodeo Alamo is in final testing. Once launched, users will be able to deposit yield-bearing assets as collateral and earn yields on top of yields (stETH, GLP, LPs)
Core Introduced Seedless Wallet on Avalanche
• @coreapp allows users to create a crypto wallet using your Gmail or Apple ID
• Core supports multiple chains such as Bitcoin, Avalanche C/X/P chains, Avalanche Subnets, Ethereum and any other EVM chain
• Wallet keys are stored in a cloud secure enclave, ensuring safety w/ MFA methods. Recover easily w/ Web2 login & auth apps like PassKey/YubiKey
• Phishing risks are minimized as both login details & physical device are needed for access
Final Days of Cake Rush
• @Cakepiexyz_io Cake Rush is wrapping up on Monday — 1.5 days left for users to convert their $CAKE for 5 digits APR (from CKP IDO & CKP Airdrop)
• Cakepie has already accumulated over 3.4m veCAKE, making it the #1 Top holder of veCAKE in the Cake Wars
Misc News
• @swellnetworkio announces that $swETH restakers on Eigen Layer will be earning both pearls and points
• @astroport_fi breaks $25M in 24H volume
• @infinex_app introduces account abstraction with ‘Infinex Accounts’
Sunday Read
• **How EigenLayer Restaking Solution Unlocks 3 Layers of Yield**
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*