GM Digest #266 — Gummi x Infrared
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Smilee Earn
• @SmileeFinance announces the Smilee Earn Bootstrap Campaign, offering juicy yields, $ARB tokens, and points to participants
• Smilee's 'Earn' product provides robust yields by transforming LPs into options sellers, deriving yield from premiums paid by Impermanent Gain buyers, bid/ask spread, and more
• Participants deposit into Earn vaults, with rewards distributed based on epoch snapshots, offering early exposure to Smilee's system. Early participants earn more epoch rewards
Gummi x Infrared
• @GummiFi and @InfraredFinance are partnering to offer leverage products for $iBGT on Berachain
• Infrared's vaults enable users to deposit into $BGT emitting protocols, receiving $iBGT emissions in return
• Gummi will provide leverage for $iBGT exposure and staking, offering up to 100x leverage for trading and staking yield boosting
• Users depositing into Gummi through Infrared vaults will earn yield from Gummi, Infrared, and $iBGT
peaq Raises $15M
• @peaqnetwork secured $15 million in funding led by Generative Ventures and Borderless Capital
• This investment will support development of Modular DePIN Functions, and prepare for a public token offering and network launch
• The funds will also be used to support ecosystem growth, including the peaq Grant Program for DePIN projects, and the development of a SDK to accelerate project deployment on the platform
• peaq is a layer one blockchain designed for DePIN and Machine RWA, supporting both ink! (Rust) and EVM Smart Contracts
Introducing Zero Gravity
• @zerolendxyz introduced their first campaign — Zero Gravity’s first voyage: Zero to Zillion
• For Chapter 1 of the First Voyage, ZeroLend will distribute their $ZERO airdrop via Zero Gravity with 5% allocation to airdrops. Additionally, the team slashed out all protocol/interest fees on Linea, Manta, Ethereum, and Blast and will be feeless from April 11-29
Misc News
• @DiracFinance is deploying Options and Structured Products ****strategies on @Berachain testnet
• @fraxfinance updated that sFRAX staking yield is now at 50% APY
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*