GM Digest #245 — BlackRock Tokenized Fund | AVAX Meme | DeVol
GM Digest #245 — BlackRock Tokenized Fund | AVAX Meme | DeVol
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
BlackRock Tokenized Fund
• BlackRock to start a new real-world asset (RWA) tokenization fund on the Ethereum network, the BlackRock USD Institutional Digital Liquidity Fund
• Tokenizing Real Estate into “Security Token” and “Utility Token”. Security → Tokenized property shares. Utility → tokenized homes
• BlackRock aims to tokenize $10 trillion worth of assets with Securitize. Coinbase was chosen as key infrastructure for the tokenized investment fund
AVAX Meme Rush
• @AvalancheFDN Foundation launches Memecoin Rush, a $1M liquidity mining program. The aim is to boost on-chain activity and foster broader ecosystem support
• Phase one involves incentivizing trading and liquidity for select community tokens $COQ, $NoChill, $TECH, and $KIMBO
• Rewards are provided in $AVAX and community coins for LPs and stakers. Trader Joe offers single-sided staking vaults with bonus multipliers
• If you want to get involved, you need to add liquidity or stake into meme vaults on SteakHut and Trader Joe
Introducing DeVol
• @DeVolNetwork is an options trading platform on Solana powered by the DeVol protocol
• They have recently introduced the 'DeVol Score' program, alongside the pre-season
• DeVol Score incentivizes platform usage before token launch. Traders earn 0.1 point for each $1 of notional volume traded, referrers earn 10% of referred user points
• Liquidity providers will earn points in the 'Score' program as well, but that features is not live yet, coming soon
IntentX on Mantle
• @IntentX_, a perpetual futures DEX deployed on Base and Blast, is now expanding to Mantle Network for its next phase of growth
• Mantle offers strong token governance and investments in DeFi backed by the Mantle EcoFund
• IntentX's full launch on Mantle includes UI/UX redesign, account abstraction, and deployment of the $INTX token
• Along with TGE the airdrop will be distributed, and with it comes the $xINTX staking and revenue distribution
• Additionally, traders can still expect incentives through the 'Trade to Earn' program which will be remain active
Aries Introduces Points
• @AriesMarkets is a Move based DeFi protocol allowing users to lend/borrow, swap and CLOB on Aptos
• Aries announced that users can now earn points via borrowing, lending and referrals
• Users will have to connect their Twitter and verify their wallets before being able to obtain invite codes
Napier Finance x Redacted Cartel
• @NapierFinance is a liquidity hub for yield trading powered by Curve Finance. They announced that @redactedcartel will now be part of the ecosystem for points eligibility
• rlBTRFLY and px/apxETH holders will earn points for users holding at least 20 rlBTRFLY or 2 px/apxETH and snapshot will be taken on March 26
• Users can constantly check their points eligibility on the Napier Finance website
Misc News
• @STFX_IO V5 is live with improvements like Partial Trading and One-Click Trade Deployment
• @SuccinctLabs raised $55M, led by @Paradigm
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*