GM Digest #192 — So Many AI Defi Projects
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Eigenpie Hits $50m TVL
• @Eigenpiexyz_io hit $50m TVL in deposit after a day of announcing Early Deposit
• The benefit of depositing in Eigenpie is that users can earn Eigenpie points (2x Multiplier for the next 15 days) + Eigenlayer points when EL open its cap at 5 Feb + EGP IDO Allocation which will be extremely powerful since it’ll launch at $3m FDV (extremely low val)
Grix Upgrade
• @GrixFinance introduces an improved architecture for its DeFi options protocol, addressing liquidity fragmentation
• The new structure involves four main layers: Data Layer, Trading Interface (Grix Arena), Optimization Layer, and Execution Layer
• The Data Layer aggregates relevant data, and the Grix Arena serves as an interface for users. The Optimization Layer conducts auctions involving solvers to find optimal trade routes. The Execution Layer finalizes transactions, ensuring fast and secure processing
• Additionally, Grix introduces a 'Secondary Options Poo'l to enhance liquidity and lower costs
• Grix' aim is to simplify DeFi options protocols' complex UIs and become a leading solution for traders
Introducing Vingt
• @vingtofficial is a platform that focuses on the relationship between AI and DeFi. They see AI as a tool that can evolve to understand financial nuances
• Vingt's vision is to unlock AI's full potential in DeFi for efficient and adaptive operations. Their AI framework, Block-AI, aids in decision-making, and the VISP protocol allows users to create customized tokenized strategies and indexes
Introducing Fractal
• @_FractalNetwork is a platform that focuses on Secure DeFi and Real World Asset tokenization
• The goal is to provide secure, responsible, and private solutions for on-chain assets and identities
• Fractal aims to build a multi-layer ecosystem where the $FRA token can be deployed across various blockchain layers
• The project plans to expand engineering resources, release multiple products, and engage with both individuals and institutions
Notcoin Token Launch
• @thenotcoin announced that $NOT will be minted in a few weeks with no pre-sales
• The balances will be based on the league, friends and activity. Supply will be gradually burned when the token goes onchain and no new tokens will be issued. However, mining will continue with pools from the market
• thenotcoin is TON-based P2E game that quickly grew in popularity because of how easy it is to play. There’s no presale, no investor, and the only way to earn is through playing it (which is tapping the screen really fast)
Introducing VirtuSwap
• @VirtuSwap is a DEX with an AI liquidity optimizer guaranteeing lower trading costs and higher LP returns
• The team announced that they will be deploying on Arbitrum with their native token — $VRSW bridgeable to and from Arbitrum, allowing LP rewards to be split between the 2 chains. However, staking rewards will be calculated separately for each chain
Misc News
• @MorphoLabs Morpho Blue crosses $50M in TVL
• @UnibotOnSolana announced that they will be airdropping $UNISOL tokens on Solana
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*