GM Digest #200 — Kodiak's Berachain Looty
GM Digest #200 — Kodiak's Berachain Looty
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
ENS x GoDaddy
• @ensdomains has partnered with @GoDaddy, the world's largest domain registrar, to enable GoDaddy customers to use DNS domains within the ENS ecosystem
• GoDaddy users can associate Ethereum addresses with their domains through a new section in the domain management interface, allowing integration with various web3 applications
• This collaboration eliminates transaction fees for using DNS domains in ENS, and GoDaddy becomes the first registrar to integrate with this gasless feature
Kodiak Raises $2M
• @KodiakFi has successfully raised $2 million in a seed financing round to develop Berachain’s native liquidity hub
• The funding will accelerate Kodiak's scaling efforts and enhance the development of trading products on Berachain
• Kodiak is an important component for liquidity on Berachain, offering a suite of trading and liquidity solutions, including a DEX, automated liquidity manager, integrated incentive layer, and a no-code token deployer factory
Introducing LootyFi
• @looty_fi is launching a Loyalty and Reward platform for both Web2 and Web3 brands
• Their platform simplifies rewarding communities through engaging experiences. Their aim is to become a cornerstone in the Avalanche ecosystem
• Looty will introduce a 'Key & Crate' system where NFT Keys, traded and minted on the platform, can be used to open crates for rewards like NFTs, tokens, event tickets, and real-world asset
• They just opened up their Discord and already have some exciting announcements about partnerships in the pipeline. Also, the first drop for early supporters will be coming very soon
Renzo on Arbitrum
• @RenzoProtocol introduces the first cross chain restaking integration on @eigenlayer
• Renzo will be collaborating with @ConnextNetwork to bring cross-chain restaking on Arbitrum and users will now be able to easily restake natively on Arbitrum
• Renzo is also currently going through their second audit after their most recent audit in November
Voodoo LBP
• @TradeVoodoo is an intent based perp DEX that integrates Composable LP Vaults and EigenLayer Restaking. They are currently having their LBP live on Fjord Foundry
• The LBP will be for the $VMX token which will be deflationary via buyback and burns from fees. The fees are accrued from swaps, trading and EigenLayer minting fees for vrETH. Buyback and burns are scheduled right after TGE. Additionally, holders will be entitled to revenue share paid in ETH and esVMX
• The LBP sale will be for 40% of the total supply and will be running until February 8 12 UTC
Merlin Live on the People’s Launchpad
• @MerlinLayer2 is a Bitcoin Layer-2 solution that integrates ZK-Rollups, a decentralized oracle network, and on-chain BTC fraud-proof modules
• The Merlin team will be distributing 1% of their total supply to the community and distribution will take place on @ParticleNtwrk’s People’s Launchpad
• Users can participate via holding BTC on Merlin Chain, staking $ALLY or to refer users to participate in the campaign to accumulate ‘Power’. The accumulation period will be from 10-11 Feb
Misc News
• @rage_trade launches a Lite version of Rage V2
• @ether_fi also bringing Restaking to Arbitrum (hidden alfafa)
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*