GM Digest #240 — ETHFi Tokenomics | Azuro Phase 3 | Pearl v2
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
ETHFi Details Out
• @ether_fi DAO is coming on March 18th together with the airdrop — Check the eligibility HERE (No need to connect & sign in with your wallet)
• 6% airdrop in Season 1 and 5% airdrop in Season 2. Points are here to stay, they’ll contribute to your StakeRank (More details next week)
• $ETHFI utilities are heavily leaned towards governance for now. You’ll be able to earn additional incentives from staking
Azuro Phase 3
• @azuroprotocol Score Phase 3 marks the final phase before Azuro points convert into $AZUR tokens
• Phase 3 starts soon, with bonus multipliers for bug reporting, stress testing, and placing combo bets
• Top 500 participants earn 2.5x-4x more points, with the opportunity to stake stablecoins for additional benefits
• $AZUR Token: Launching soon, supported by strategic partnerships and increased value flow to $AZUR holders
nftperp Live on Blast
• @nftperp V2 Alpha is now live on Blast L2 Mainnet, providing NFT perpetual futures trading on Miladys, Pudgy Penguins and Punks
• Engaging with nftperp will earn you Blast Gold and Blast Points, based on activity and volume
• They are also Introducing 'Degen Draw'. A prisoner dilemma style game where two users are raffled and stand to win gas and staking revenue
• Additionally, liquidity providers on Arbitrum or Blast can earn $VNFTP tokens, with rewards based on trading volume and position efficiency
Pearl V2
• @PearlFi_ v2 focuses on providing concentrated liquidity for tokenized RWAs. It's relaunching on @real_rwa, a Layer-2 Arbitrum Orbit chain for RWAs, offering Ethereum security with lower costs and faster settlement
• Pearl introduces Concentrated Liquidity Pools (CL) and Rewards, offering liquidity within specific price ranges and calculated rewards on-chain
• Automated Liquidity Management (ALM) tool Trident optimizes liquidity performance and reduces complexities
• Adjustments in $vePEARL contract aim to improve bribe efficiency and minimize dilution. The contract now implements non-decaying voting power for holders
• Pearl v2 will include cross-chain deployment in 2024. This expansion aims to provide deep liquidity for tokenized RWAs across multiple chains
Misc News
• @CetusProtocol introduced Cetus Vaults — Auto Matching, Rebalancing Vaults
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*