GM Digest #255 — Fluidity TGE | Zeus | LISA | Animecoin
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Fluidity TGE
• @fluiditylabs $FLY TGE will occur on the 2nd of April at 2 PM UTC
• Fluidity, the team behind Utility Mining product is about to drop its $FLY token after $2m raised from Moby
• Pre-market FDV is floating at $35-50M. $FLY will be live on Uniswap, Camelot, and TraderJoe tomorrow at 2pm UTC
• Fluidity is the blockchain incentive layer that rewards people for using their token. Reached 2B in Volume in 30 days with fUSDC (fluid USDC asset) and garnered $1m+ in fees. Yield that’s given off for utility is generated from AAVE lending interest + grant rewards + partner project incentives
• Staking live on Day 1, $FLY stakers will receive exposure to Superposition L2/L3
Zeus Network APOLLO
• @ZeusNetworkHQ introduces @ApolloByZeus, the first dApp on its platform, aiming to bring Bitcoin liquidity to Solana
• APOLLO enables native $BTC staking and offers $zBTC, unlocking liquidity and allowing users to engage with Solana's dApps
• During the alpha testing phase which went line on Mar 29, users can claim $tBTC (testnet BTC) and stake it with Apollo. The testnet is not gated, and anyone can participate
• Integration with Solana ecosystem will enable $zBTC to be used in lending and borrowing platforms like Solend, marginfi and Kamino, with plans for further enhancements using Zeus Consensus and SVM (Solana Virtual Machine)
Introducing LISA
• @LisaLab_BTC is a liquid staking platform that allows users to participate in farming pools or use $STX as collateral for stablecoin loans while still earning rewards
• Locking $STX results in the acquisition of $LiSTX, which reflects staking rewards as it grows in balance. $LiSTX holders have the flexibility to trade it at any time, either redeeming it for $STX at face value or exchanging it for $STX
• $LiSTX and $vLiSTX adhere to the SIP-10 standard but differ in their reward accumulation mechanisms. $LiSTX undergoes rebasing to increase its balance, while $vLiSTX's value appreciates from staking rewards
• Additionally, users can interchange between $LiSTX and $vLiSTX via a smart contract to facilitate liquidity sharing
• LISA also pools $STX across multiple pools such as @Ryder_ID’s Fast Pool and @XverseApp Pool, which allows for efficient position adjustments
Introducing Animecoin
• @animecoin introduced AnimeChain in collaboration with Azuki and Arbitrum
• AnimeCoin aims to create an ecosystem for the next generation of creators and anime enjoyoors
• Azuki will be AnimeChain’s premier launch partner launching its anime productions, games, and physical products on AnimeChain
Velodrome Expands to Mode Network
• @VelodromeFi announced that they will be expanding to Mode Network. Velodrome aims to be the MetaDEX of the OP Superchain
• This expansion will also introduce Velodrome’s AMM and gauge technology allowing veVELO voters to direct $VELO emissions to gauges on Mode
• Mode Network has committed to provide $1m in incentives to boost ecosystem rewards. Additionally, Mode Network acquired a veVELO position which will be used to vote to direct emissions to Mode pairs
Misc News
• @zero1_labs announcing the 2 ZCPs soon
• @MindLanguageAI MindTrade Opens for Early Access
• $DMT (SankoCorp) has pumped to $120 | Gaming L3 SocialFi Narrative Stronk
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*