GM Digest #251 — Linea Surge | Dusk Eco Fund | OasisAI | Ankr Neura
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Linea Surge
• @LineaBuild is launching "The Linea Voyage: Surge" in April to boost liquidity in its ecosystem
• With $440M TVL within eight months of its launch, Linea seeks to attract liquidity providers (LPs) and reward early adopters
• Liquidity providers can earn LXP-L tokens, while existing users with liquidity before the program receive bonuses
• LXP-L tracks liquidity activity, and the Surge lasts for 6 months or until $3b TVL is reached
Dusk Ecosystem Fund
• @DuskFoundation introduces The Dusk Ecosystem Fund with 15 million $DUSK to support developers
• They seek projects like archiver infrastructure, bridges, and a decentralized exchanges. Builders with crypto experience are encouraged to apply
• Dusk offers unique features like privacy-friendly smart contracts, compliance tools, and novel economic protocols
• It also provides customizable web wallets and targets the growing market of real-world assets
• Dusk Network is a privacy-focused L1 blockchain tailored for financial applications and tokenization of RWAs
Introducing Oasis AI
• @OasisAI introduces a distributed AI inference platform powered by $OAI
• It offers a novel browser extension for easy compute onboarding, allowing users to contribute unused compute power
• Existing AI users can access decentralized compute through a web interface. For developers, Oasis provides low-cost APIs and SDKs
• It aims to bridge the gap between decentralized compute and AI inference
• Release of provider extension, inference platform, and enterprise APIs is imminent. An incentivized beta program will be launched soon as well
Ankr Introduces Neura
• @ankr introduced @Neura_io, an EVM compatible blockchain built on the CosmosSDK
• Neura aims to tackle challenges such as lack of GPU resources, funding and scaling data accessibility via establishing solid foundations of infra for AI startups giving access to decentralised GPU resources, crypto based crowdfunding and on-chain AI operations
• What’s unique is Neura’s innovative funding and economic model for AI startups. Their Initial Model Offering (IMO) allow AI projects to secure investments and computational resources via decentralised crowdfunding. This is made possible through ERC-404 and ERC-7641 token standards
• The ANKR token will be the universal currency for accessing GPU resources, participating in IMOs and acquiring AI services
ALT Staking Live
• @alt_layer announced that $ALT staking is now live along with the phased launch of MACH Alpha, a fast finality service for rollups leveraging @EigenLayer’s restaking mechanism
• Stakers and restakers are now able to earn rewards for securing MACH Alpha, ensuring economic security. MACH will operate as an AVS where users can delegate ETH, LSTs alongside ALT tokens to registered operators to help secure MACH Alpha
• $ALT holders are now able to participate in staking and earn 52% APR. Currently, $28m worth of $ALT has been staked
Misc News
• @fraxfinance’s Fraxtal as part of the OP superchain is eligible for Retro Funding from @Optimism
• @VelodromeFi to expand to @modenetwork
• @News_Of_Alpha reported that SingularityNET, Fetch.ai and Ocean Protocol are discussing merging their tokens into an ASI token that would have a fully diluted value of about $7.5 billion
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*