GM Digest #177 — TenderFi | Vine IDO | Echelon
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
TenderFi New Token
• @Tender_fi has announced that 50% of the new token supply will be airdropped to TND holders
• Not much detail is out on the new token but it appears to be a complete rebrand of Tender with new tokenomics design
• TND, esTND holders will receive the new token airdropped to them without having to do anything. The price of $TND has massively pumped almost 400% over the past 7d because of this
Vine Money IDO
• @Vine_Money is launching $vUSD, the world's first privacy-focused stablecoin, on Oasis Sapphire, backed by ROSE
• There is an opportunity to participate in the Vine Money Public Sale IDO and secure an allocation of $VINE tokens, the native governance and utility token
• The IDO will start on Jan 30 for the guaranteed whitelist, and on Jan 31 for the FCFS whitelist
• Each whitelisted round will have an allocation of 100K tokens, or 1% of total supply, with the token price at $0.10
• 60% of tokens you purchase will be liquid at TGE, and a 6 months linear vesting on the rest. Market Cap at Launch will be $500K, and FDV at $10M
• Your best bet to win a whitelist spot is to join their Telegram channel and participate in raffles and other similar events
QuickSwap Fee Split
• @QuickswapDEX introduced multiple fee tiers for V3 on Polygon zkEVM and Manta Pacific, offering LPs options to distribute funds across different price ranges (0.01%, 0.05%, 0.3%, and 1%)
• These contracts, currently available on Polygon zkEVM and Manta Pacific, provide flexibility and efficiency for LPs. QuickSwap plans to deploy them on new chains in the future
• QuickSwap proposes implementing fees for the usage of multiple fee tier Uni V3 contracts on any current and future chains, creating an additional revenue source for LPs, Dragon’s Lair, and the Foundation
• The proposed fee split is 90% for LPs, 7% for Dragon’s Lair, and 3% for the Foundation
• The proposal is open for community discussion on the official QuickSwap Reddit until January 15, followed by a formal Snapshot vote until January 20
Redbelly x Liquidise
• @RedbellyNetwork and Liquidise partner to tokenize over $800 million in unlisted private equity
• The collaboration leverages Liquidise’s shareholder management platform to issue tokens in equities on Redbelly, enhancing composability and enabling activities like lending and borrowing
• Private companies gain benefits of public listing without downsides, including guaranteed liquidity
• Redbelly is a public Real-World Asset Tokenization Platform. It combines regulatory compliance, scalability, and security, acting as a bridge between the regulated and web3 economies
Tortle Ninja V3
• @tortle_ninja is a visual programming language for DeFi on Arbitrum allowing users to create, build, and optimize your Defi strategies. The team announced that their V3 is now live
• V3 introduces better UI/UX for users including a dashboard with enhanced charts for real-time tracking of PnL and APY across all assets, including derivatives, farms and vaults. Additionally, V3 seamlessly integrates @GMX_IO, @Uniswap, @CamelotDEX, @SushiSwap, @Balancer, @yearnfi, and more granting Tortle Ninja access to 40% of the Arbitrum TVL
• The team also introduced a point system where users earn 1 point for every $1 invested in the strategies. These points will reflect the total volume on Tortle Ninja which is a vital KPI leading up to their official airdrop
Introducing Echelon
• @EchelonMarket is a Move-powered money market on Aptos
• Echelon is designed to scale up lending on Aptos with its core lending module focused on onboarding APT and its liquid staking tokens such as Thala’s sthAPT as collateral
• The protocol also has an Efficiency Mode which enables users to rehypothecate tightly correlated assets at significantly higher Loan-to-Value (LTVs), including but not limited to stablecoins, composable yield bearing assets, and liquid staking tokens (LSTs)
Misc News
• @SynFuturesDefi deployed their V3 on @arbitrum
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*