GM Digest #179 — Rabby Airdrop | Isekai Money | Manta Token
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Rabby Hints an Airdrop
• @Rabby_io hints at an airdrop with a cryptic post on X — The post shows a camera taking a snapshot
• The Rabby token utility is still unknown. In order to qualify for the airdrop, I’d imagine you’d have to switch from MetaMask wallet and use Rabby wallet on the daily basis (which is what you should’ve been doing if you haven’t done that already….. Rabby is the best UI/UX-wise)
Introducing Isekai
• @isekaimoney is a design optimization platform using a parallel token architecture, introducing concepts like mirroring, symbolization, and reinforcement
• Mirroring, replicates functions of underlying protocols for user onboarding
• Symbolisation, redefines wrapped tokens
• Reinforcement, restructures yield and utility
• Isekai's first component, $HOLY, focuses on optimizing Camelot, Arbitrum's native DEX. The protocol design and $xGRAIL tokenomics align perfectly with Isekai's optimization mechanics
• The second component, $XP, serves as the 'Capital Engine' for sustainable growth, through the mechanic of concentrated yield
• In a nutshell, Isekai targets enhanced yield for liquidity providers, increased liquidity for protocols, and reduced friction for users. Keyword here is enhanced yield / yield concentration — keep your eye on Isekai because this will pop off. The team behind this project is the team behind a blue-chip Defi project on Arbitrum
Introducing Kodiak
• @KodiakFi is a DEX on Berachain, offering concentrated liquidity and automated management services
• It aims to be a foundational liquidity component for Berachain, providing modularity and extensibility for swaps within a Proof-of-Liquidity (PoL) environment
• Kodiak integrates seamlessly with partner protocols, enabling future possibilities like rehypothecation of liquidity positions
• Additionally, Kodiak complements BEX (Berachain's native DEX) instead of competing with it, offering concentrated liquidity solutions with automated strategies for LPs, eligible for PoL $BGT rewards
MYSO x NeonEVM
• @MysoFinance is now live on @Neon_EVM Mainnet, leveraging Solana's technical advantages for lower fees and faster transactions
• Neon EVM operates as an Ethereum-compatible environment on Solana
• MYSO offers peer-to-peer zero-liquidation loans, unlocking credit market opportunities
• The integration of the native $NEON token on MYSO allows users to use it as collateral or lend it out, earning upfront fees
• Additionally, MYSO's oracle-independent nature supports new projects on Neon to quickly launch lending markets for their tokens
Manta Token Details
• @MantaNetwork announced that they will be launching the $MANTA token on the Binance Launchpool on 16 Jan. After the completion of the farming pool, $MANTA will be listed on 18 Jan at 10am UTC
• The team also revealed the tokenomics for $MANTA with 1B total supply and launching with a 25% initial float
• The $MANTA token will be used for network governance for the Manta Pacific and Manta Atlantic chain. Users can also stake $MANTA to contribute to the Manta Atlantic chain. Manta Atlantic will be using $MANTA as gas fees
dForce Announced 1M ARB Liquidity Mining Program
• @dForcenet announced details of their Liquidity Mining Program from the Arbitrum STIP grants
• A substantial portion of the 1M $ARB tokens will be used to incentivise stablecoin markets on Unitus and USX staking via iUSX. Additionally, the ARB tokens will be used to incentivise the USX pairs in Camelot and other DEXes to deepen the liquidity for UTS and DF tokens
• dForce has also entered into a strategic partnership with Aspida to set up Vaults for users to deposit wstETH and ETH for users to earn $ARB as well as Aspida points. Throughout this stage, the wstETH and ETH staked in the vaults will be eventually deposited into Unitus Finance. Lastly, dForce will launch a 60-day campaign with an open grant paid in ARB tokens to incentivize protocol integrations with USX and/or Unitus on Arbitrum
Misc News
• @redactedcartel’s $apxETH currently yields 16%
• @rollbitcom volume in 2023 over $660B
• The team behind @HYTOPIAgg has introduced @HYCHAIN_GAMES, a gaming focused L2 utilizing $TOPIA
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*