GM Digest #228 — We're SOOOOO Back
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
We’re Sooo Back
• Bitcoin has hit $68k almost at the $69k ATH points while ETH has now hit $3.7k, both gaining over 7.5% and 7.3% respectively over the past 24 hours
• Memecoins remain the most outperforming category right now with DOGE gaining 120%, SHIB 320%, PEPE 360% gains over the past 7 days
Vector Reserve vPoints
• @vectorreserve Introduced vPoints
• vPoints serve as a way to aggregate EigenLayer points and all the LRT points earned by vETH underlying & VEC Treasury. vPoints will go to vETH, svETH, and sVEC holders • As a vPoint accumulator, you will receive a proportional share of all EigenLayer Points and LRT rewards points accumulated by vETH’s underlying collateral.
• There’ll also be some vPoints Boost Mechanisms for sVEC holders whereby they can further boost their vPoints rewards by minting & holding vETH/svETH as well
Ordiswap Updates
• @OrdiswapLabs reached $200,000 total volume processed, growing rapidly in a short amount of time
• Ordiswap is the 1st ever #BTC-native AMM, providing a direct avenue for users to engage in $BTC / BRC-20 trades (and more) on the native layer
• The $ORDS price has been performing really well, hitting ATH $0.28 due to the tailwinds of BTC hitting $68k
Juice Thruster Vaults
• @Juice_Finance launched two @ThrusterFi vaults: ETH/USDB LP and Spot ETH, with max 3x leverage
• Farmers receive up to 3x Juice, Thruster, & Blast points. Blast Bridge Points are linked to deposited assets
• Juice Points are earned through providing liquidity or trading. Borrowers and lenders earn points differently. Multipliers and referrals offer additional boosts
• Additionally, Juice Finance redistributes 100% of its Blast Gold to users based on protocol activity metrics
• More vaults and increasing caps are coming soon
Mozaic Staking
• @Mozaic_Fi's xMOZ holders can now stake to earn protocol rewards
• The Earn Terminal distributes rewards proportionally to xMOZ stakers. Weekly rewards are distributed based on staked xMOZ percentage
• Staked xMOZ can be used in governance and there's no lock-in period
• Staking cutoff time is 1pm UTC every Tuesday. Unstaking before cutoff forfeits rewards
• Rewards include various ERC-20 tokens beyond MOZ and xMOZ, like stablecoins, ETH, and more
Gloop GMI Launch
• @gloopfinance’s $GMI Index opens for user deposits on Mar 6. $GMI is an index made up of GMX's GM assets whose weights adjust favoring GMs with higher APR
• Dynamic fees adjust weights to maintain competitiveness and bias towards higher APR GMs
• Early depositors benefit from reflections generated from fees, maximizing investment value. Reflections compound
• Looping feature soon available, allowing up to x3 leverage
Misc News
• @insrtapp mobile app is live
• @Ordibank LBP public sale concludes on Mar 5
• @BlasterSwap is live on Blast L2
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*