GM Digest #254 — Morpho x Maker | VaultCraft LRT | Superposition
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Morpho x Maker
• @MorphoLabs collaborates with @sparkdotfi and @MakerDAO to enhance DAI yields via onchain overcollateralized exposure to Ethena's sUSDe, facilitating efficient borrowing opportunities
• With up to 10x leverage, users can borrow DAI against USDe and sUSDe assets
• Maker's D3M streamlines DAI liquidity to Spark's MetaMorpho vault, supporting sUSDe/DAI and USDe/DAI markets on Morpho Blue
• Morpho's infrastructure provides Spark with essential features like per-market risk premiums, configurable capital efficiency, and isolated risk with shared liquidity, enabling scalable lending use cases
VaultCraft LRT Lend
• LRT Lend on @VaultCraft_io introduces an automated money market in partnership with @ionprotocol, offering additional yields on ETH, LRT rewards, and $oVCX rewards
• Ion Protocol is a lending protocol designed for staked and restaked assets. It allows users to deposit these assets, enhancing their exposure to the restaking ecosystem while earning higher ETH-denominated yields without facing price-based liquidation risk
• $oVCX, a call option, enables users to earn a 33% premium on $CVX by depositing into Smart Vaults and participating in governance
Superposition's AMM
• @Superpositionso introduces Long Tail, Arbitrum's most cost-effective and rewarding automated market maker (AMM)
• Long Tail operates on Superposition Layer-3, leveraging Arbitrum Stylus tech. It's built on Rust-powered smart contracts, significantly reducing costs
• LPs receive rewards from Super Assets like fUSDC, who generate yield from lending protocols like AAVE. Long Tail AMM pools use fUSDC as a base asset, granting exposure to its rewards with every transaction. This enables fee-negative AMM operations, rewarding LPs with yields comparable to or greater than existing products, without charging LP fees
• Long Tail's launch on Arbitrum Devnet will precede its official release on Arbitrum Mainnet
Introducing Sonic
• @SonicSVM is the first modular SVM chain built to leverage on @solana’s speed with customizability of game-specific rollups, enabling games to be launched onto Web3
• Sonic is powered by HyperGrid, designed to optmize performance while allowing the customization of chains’ features
• The team is currently inviting game developers to join the Sonic Gaming Ecosystem. Additionally, the team announced that the Sonic point system is now live for gamers. Users can also become an early contributor to earn unique discord roles and points
Netmind Tokenomics Update
• @NetmindAi announced some changes in their tokenomics and long term strategy for their $NMT token
• The time horizon for their tokenomics model has been reduced to a 10 year model to ensure sustainable growth. The total token supply will be reduced from 10b to less than 200m total tokens
• Token rewards for early miners and Zealy airdrop recipients will also be adjusted accordingly. Additionally, there will be more diverse staking options introduced from flexible to long-term
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*