GM Digest #227 — HYCHAIN | Particle | YESMONEY
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing HYCHAIN
• @HYCHAIN_GAMES is an Ethereum L2 Rollup and web3 infrastructure focused on simplifying onboarding and technical hurdles for web3 games
• The team behind HYCHAIN has a track record of success with projects like HYTOPIA, MetaFab, and Indi.gg
• HYCHAIN aims to offer frictionless player onboarding with universal accounts, zero gas fees, and developer-friendly APIs
• HYCHAIN uses Guardian Nodes to ensure network robustness and accuracy and monitor and verify network operations
• Operators need Node Keys (NFTs) to participate, validating state assertions. Successfully validated assertions lead to rewards in $TOPIA tokens
• More Node Keys mean a larger share of $TOPIA rewards per challenge. Total Node Key supply: 50,000
• Public sale started on Mar 3, whitelist sale on Mar 2, with secondary market availability coming in September 2024
Particle Incentives
• @particle_trade launched an Incentive Program rewarding liquidity providers with Particle Points
• Points are earned on top of Blast native yield, Blast Points/Gold and Thruster boosts
• Points are emitted mainly for leveraged trading liquidity. Emission rates depend on liquidity size, price range, and token pair volume
• Limited-time farming multipliers for early users
• Particle enables leverage trading for ERC20 tokens without oracles
YESMONEY is Live
• @YESMONEY420's $YES, an infinite unruggable liquidity system, is live on ThrusterFi on Blast
• $YES established initial price at $1.9 through the IBLV event, with 311 ETH collected and subsequently deployed in the floor range
• $YES is a token with built-in liquidity strategies designed to grow its value, built by @baselinemarkets
• Additionally, it's worth to note that 100% of Blast Gold the protocol receives will be distributed to the community
Ordibank LBP
• @Ordibank is a Bitcoin L1 Money Markey Protocol for BRC-20s and Atomical Token Standards
• Users will now be able to lend /borrow Ordinals and BRC-20 tokens allowing users to earn yield on their idle assets while getting competitive pricing for BRC-20s and Atomicals
• The LBP is currently live on @FjordFoundry for $ORBK, Ordibank’s native token. $ORBK allows holders to participate in governance, enjoy native fee accrual, discounts and rebates for the Ordibank platform
Zenith Farm LBP
• @Zenith_farms is a module-based airdrop farming app allowing users to easily farm airdrops based on their own preferences and customizations
• The Zenith interface allows users to easily manage their wallets including funding wallets from CEXes or on-chain wallets and transferring between wallets seamlessly from a single dashboard. Additionally, users can pay a subscription to have access to farming modules to farm airdrops effortlessly
• The team has a roadmap for the project which includes an OTC marketplace, AI Agent modules and module expansions. The LBP is currently live on @FjordFoundry
Stacking DAO Roadmap
• @StackingDao is a liquid staking protocol on @Stacks allowing users to stake their $STX
• The team unveiled their roadmap for 2024 which includes DeFi integration for their liquid staked token — stSTX. There will be integrations with Zest Protocol, LockStack and Arkadiko allowing users to participate in DeFi such as lending/borrowing, minting stablecoins etc. with their stSTX
• Additionally, the team hints that there may be a potential token launch in Q2 2024
Introducing Long Tail
• @Superpositionso is a L3 on Arbitrum and is CLOB offering permissionless access to the order book for DApps and a marketplace for order flow. The team introduced Long Tail, an AMM built on the Superposition L3
• Long Tail is an AMM that is that boasts 4x cheaper fees as compared to Uniswap and also a “fee-negative” AMM. Backed by Super Assets (powered by Fluid Assets), every single swap is a yield bearing transaction allowing users to get paid for making swaps and providing liquidity
• Superposition is currently in Devnet and the AMM will launch on the Devnet on day 1
Misc News
• Users can now check their @shufflecom airdrop allocation
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*