GM Digest #178 — Vaultka Go Bonka | Rosa LBE
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing Stratum
• @stratumexchange is a liquidity hub for the Mantle ecosystem, using a 'vote escrow' NFT model
• Inspired by Solidly and Velodrome, Stratum aims to provide sustainable liquidity for projects on Mantle and enable cost-effective transactions
• Stratum however introduces several changes to the model, like a 3pool for stablecoin liquidity, a sustainable emissions schedule, Meta Bribes for $veSTRAT holders, partially locked liquidity rewards, removal of negative voting, and a whitelisted token requirement
• Trading fees are set at 0.3% for volatile pairs and 0.04% for stable pairs. The fee structure benefits $veSTRAT holders, and a launchpad is being developed to help projects deploy liquidity with minimal cost
Rosa Finance LBE
• @rosa_finance is a decentralized money market on Arbitrum, employing complex algorithms to optimize incentives and liquidity
• The LBE allows contributors to deposit USDC to acquire $ROSA tokens at a fixed rate at 3 USDC per $ROSA. The tokens are distributed gradually over 7 days through a linear vesting schedule, providing flexibility for contributors
• Funds from the LBE go to liquidity provisioning for the ROSA/USDC trading pair
• Post-LBE, Liquidity Provider tokens are locked for 7 days, then moved to protocol reserves for governance decisions
Movement x Noble x Union
• @movementlabsxyz and @noble_xyz are partnering with @union_build with the aim of increasing interoperability among L2s
• Union's zk-IBC bridge will connect Movement's MoveVM rollup on Ethereum and Noble's stablecoin liquidity within the M2 ecosystem
• M2 is the first Move Virtual Machine L2 for Ethereum, using Celestia's modular data availability (DA) infrastructure
• The collaboration aims to provide trustless connectivity, speed, security, and cost-efficiency through Union's modular stack
• Movement will utilize the bridge for asset transfers and message passing, fostering IBC interoperability
• While Noble plans to deepen stablecoin liquidity using packet-forwarding tech
Vaultka Go Bonka
• @Vaultkaofficial introduces Multi Purpose Lending which improves on traditional DeFi lending capabilities enabling borrowers to leverage their loans across diverse scenarios
• Vaultka has plans to amplify lending utility and diversify yield sources through lending for perp DEX LP strategies with alt-coin expansions, earning extra yield on top of existing lending yields and supporting the leverage launchpad
• The Leverage Launchpad introduces a distinctive overflow model similar to IPOs where users leverage their application size to gain access to their desired exposure (Literally 2x or 3x your IDO participation size by borrowing from lendders). The team hints that $VKA will play a crucial role in the leverage launchpad and is scheduled to launch in Q1
• Next product coming out very soon will be a basket of GM Pools which will allow users to get diversified yields across different GM Pools — there could very likely be future Defi integrations with this basket of asset, enabling more Defi composability
Manta New Paradigm Ending Soon
• @MantaNetwork’s New Paradigm campaign ends in about 19 hours. Manta’s TVL has already reached $900m+ and the airdrop is fast approaching.
• If you’re late to deposit, you can purchase Mystic Manta NFT or The First Modular L2 NFT on Element to get exposure to the $MANTA airdrop
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*