GM Digest #219 — Launchpad Alpha | Borpa | Good Expansion | WarpGate Soft Launch
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Launchpad is Alpha Again
• @apeterminal demand for the recent launches have been through the roof for @dechat_io, @Ordibank, @beoble_official, @ForgotPlayland, and @BefiLabs
• @FjordFoundry’s recent launch @project_shutter (a project that prevents front-running and malicious MEV) has already raised $6.9m and the val is $10.6m MC & $257M FDV. The LBP is still ongoing with about 15 hours left
• @MobyHQ launching @beoble_official, @StarHeroes_game, @Aark_Digital
• @Eclipsefi launching @bonus_block, @demexchange, @stabbleorg, partnered with @NibiruChain to launch Nibiru ecosystem projects on Eclipse
• WHAT DO? — Monitor Ape Terminal, register lottery for a chance to win allocations. Monitor Fjord for good projects, you can ape freely in the LBP, make sure to buy dips rather than instant ape once new projects launch. For Moby + Eclipse, look to accumulate some of their tokens for allocations on good projects, both airdrop projects tokens to stakers as well
BorpaToken
• @Entanglefi's BorpaToken is a project that aims to stand out in the memetoken space by employing an innovative token design [This could likely run due to being the 1st meme on Entangle]
• BorpaToken adopts a dual-themed approach. Users can choose between "Futuristic Borpas" and "Cro-Magnon Borpas" themes, aiming to unite different audiences around the borpa meme
• Most of the token supply will be obtainable by providing liquidity to specific whitelisted pairs on various blockchains. You can engage in activities like locking, redeeming, boosting, or slashing to compete for a larger share of the token supply
• Additionally, there is a 'Borpass Fartune Mechanism' to address the challenge of user retention. It's a lottery-style mechanism that rewards active participation in the token and community with a chance to win cash prizes
• BorpaToken implements buyback & burn mechanisms to boost the price of its $BORPA token, by burning tokens as user interactions increase. The team also mentioned that all actions on the protocol will be monitored and hinted at a potential upcoming snapshot
GOOD Expansion on Arbitrum
• @goodentrylabs announced the launch phase 2 of their STIP: User Expansion
• There will be a new “Welcome Bonus” feature aimed at rewarding users to encourage them to try out Good Entry. Users will need to open at least 3 trades to qualify and the snapshot is taken daily
WarpGate Soft Launch
• @WarpGateX is a Decentralised Exchange on @Immutable zkEVM and has announced a Soft Launch with different campaigns
• Campaign 1 will have a 110,000 Warp Points Prize Pool with 100 winners awarded 1000 Warp Points each and 10 Winners with most likes and retweets to receive an additional 1000 Warp Points
• Campaign 2 allows users to earn points when swapping. For every $1 of trade, participants will accumulate 1 Warp Point. There will also be multipliers during the 14 day soft launch
• Campaign 3 allows LPs to earn a 5x multiplier if they provide at least $10k worth of tokens to the pool. Users must LP for the duration of the soft launch and early withdrawals will be disqualified
• Additionally, the team announced the Kira-Warp Ranger NFT via a partnership between WarpGate and Kiraverse. This NFT allows users to unlock an in game skin
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*