GM Digest #205 — EigenDA | Trestle Staking | Aark Moon | Bet3 | ApeBond Launchpad
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
EigenDA Soon
• @eigenlayer paused restaking of LSTs (cap paused) as the team is gearing up for @eigen_da mainnet launch
• EigenDA will be the first AVS that gets launched on EigenLayer, earmarking the first AVS to enjoy the restaked ETH’s trust that’ll help secure the EigenDA network
Trestle Staking Pool Live
• @trestleprotocol staking pool is now open
• Stake $TRESTLE to earn $wTIA rewards — the team has loaded up $250k wTIA for all TRESTLE stakers to earn
• The pool utilizes lockup multiplier where the longer you stake, the higher the multiplier. Withdrawing early would burn you some of the $TRESTLE
• Locking for 7d would net you 1.25x Multiplier (5% fee if unstaked early) while 30d (max lock) net you 4x Multiplier (20% fee if unstaked early)
• @trestleprotocol is protocol that serves as a bridge to provide wTIA on Ethereum, allowing holders to earn wTIA by holding $TREST and to become a decentralized validator at the same time, and to also be a TIA launchpad for new projects and also to onboard existing teams onto the TIA ecosystem
• Similar playbook to TAOPAD for $TAO (Trestle for TIA), levered beta play that’ll house its own launchpad that’ll launch projects that utilize Celestia modular architecture in their tech stack
• $TRESTLE has already pumped 55%+ in the last 24hr, and almost 2x’ed from its low 2 days ago
Aark Moon Festival
• @Aark_Digital is a leverage-focused DEX on Arbitrum offering up to 1000x leverage and diverse collateral options
• The team announced that the official TGE will be before April 1st with airdrop phases during MOON FESTIVAL (final Token Mining Event before TGE)
• $AARK token details: ERC-20, total supply updated to 1 billion, and utility for staking, governance, and fee discounts
• Additionally, they introduced 'MOON MODE' offering 1000x leverage trading for select assets like $JUP, $WIF, $BONK, and more
Bet3
• @Bet3Blast is a prediction marketplace coming to Blast L2, with the aim of providing liquid markets for people to bet on
• Traditional prediction markets struggle with liquidity for smaller markets, making it difficult for users to place large bets
• Bet3 addresses this issue by rewarding users with points for placing and holding limit orders, increasing market depth
• Points are awarded based on factors like proximity to market price, time, and order size. Each month points are converted to token airdrops
• Currently, the only way to get early access is by engaging with their announcement post on X and hoping to be selected. Although they haven't shared their Discord/Telegram yet, so even if you aren't chosen, there will likely be plenty of opportunities in the future
ApeBond Launchpad
• @ApeBond (formerlly ApeSwap) announced the launch of the ApeBond Launchpad
• The team aims to boost their native token $ABOND’s value, increase revenue and to grow their community. Users who stake $ABOND will be able to earn launchpad allocations while earning veABOND
• Apebond is a multichain bonding protocol / DEX that has achieved $18bn total trading vol & $17m TVL
Introducing mevAuction
• @mevdotio introduced mevAuction, a new system to auction blockspace allowing multiple winners in the same block. This means that proposers can continue to enjoy benefits of mev-boost which earning additional rewards
• Instead of the current blockspace auction standard where only 1 winner is selected per block, mevAuction enables multiple winning groups while dividing each block into 2 sections — alpha and beta
• In the beta section, users can book their transaction's spot in this section in advance, almost like buying a train ticket for a future journey done via a Layer 2. The alpha section will be reserved for users who are willing to pay the premium
• This new mevAuction allows for more efficiency, fairness and flexibility
Avail Clash of Nodes
• @AvailProject announced that they have partnered with @dymension in their Clash of Nodes testnet
• Dymension is a modular settlement layer that makes it simple to deploy RollApps - app chains that leverage the Dymension Hub (L1) to secure their funds and can easily post transaction data to DA networks, like Avail
• Now, Dymension RollApps that post data to Avail’s testnet can automatically earn points in Clash of Nodes
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*