GM Digest #188 — Everyone Love Celestia
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
ClayStack LRT
• @ClayStack_HQ enters the Native Restaking arena by integrating with EigenLayer — Users can now restake ETH and earn CLAY points, EigenLayer points, and staking yield
• When restaking ETH with ClayStack you mint $csETH as a receipt token. Given ClayStack's Restaking is Native, it has no deposit caps and you can withdraw ETH instantly
• The protocol currently accepts only ETH and plans to accommodate other LSTs soon
Aevo x Celestia
• @aevoxyz L2 has migrated to use Celestia for modular data availability, reducing costs by 100x
• This enables significant improvements in Aevo's Exchange/Sequencer profitability (>90%), scalability for user onboarding, and overall growth
• The move also allows for increased block size and decreased block time on Aevo Chain
Drift Points
• @DriftProtocol introduces Drift Points, an incentivized program for traders and market makers to earn points based on their activity
• The program takes into account historical user activity. The first weekly points drop will occur on Feb 2
• The exact points methodology will be disclosed at the end of the 3-month program to prevent gamification
• Drift aims to become the leading perpetual futures exchange on Solana and transition to a fully decentralized network in 2024
Thruster Spaceport
• @ThrusterFi introduces Thruster Spaceport, a partner program supporting teams building DeFi, NFTs, and infrastructure on Blast L2
• The program aims to provide aligned teams with liquidity, network, and tech support
• The launch fleet inaugural members will be revealed in the upcoming weeks
Plume x Celestia
• @plumenetwork is a modular RWA L2 designed for onboarding RWA projects and net new capital on-chain by integrating key asset tokenization and capital/compliance providers directly into our chain
• Their aim is to onboard capital and make it easy for RWA issuers to tokenize assets. What's interesting is that their focus in on a wide variety of asset classes like solar panels, carbon credits, private credit, whiskey, art, and more
• By leveraging Celestia’s cutting-edge data availability solution, Plume anticipates a notable reduction in gas costs by 99.9%, paving the way for a more cost-effective and sustainable L2 environment
Misc News
• @metastreetxyz teases upcoming Points campaign
• @CryptoAlgebra Integral V4 is now deployed on @berachain's Public testnet
• @synonymfinance announces a $1.5M seed round
• @restakefi announced partnership with @0xMantle to offer higher yields on mETH by introducing rmETH
• @C3protocol announced that they are live on Arbitrum
• OKX Ventures invested in @Orbiter_Finance
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*