GM Digest #267 — BOB Spice
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
BOB Spice
• @build_on_bob is a hybrid L2 platform combining Bitcoin and Ethereum
• BOB Fusion is the points program of BOB, with multiple seasons planned. Season 1 is ongoing, while Season 2 will coincide with the launch of BOB L2 mainnet during the Bitcoin Halving
• To join BOB Fusion Season 1, lock assets in the BOB Fusion timelock contract on Ethereum mainnet to earn BOB Spice points. Spice can be harvested by locking various assets or through referrals. Referrals also yield Spice, with a 15% bonus for direct referrals and a 7% bonus for secondary referrals
• Orange Spice offers a 1.5x multiplier, backed by Bitcoin assets like tBTC and wBTC. Blue Spice has a 1.3x multiplier, supported by liquid staking assets and stablecoins. Common Spice has a normal 1.0x multiplier, linked to assets like ETH, eSOV, or ALEX
Astroport Migration
• @astroport_fi successfully migrated its governance and staking hub from Terra to Neutron, marking a significant milestone in Cosmos
• The governance tokens (ASTRO and xASTRO) have been upgraded to the TokenFactory standard
• This aligns Astroport with advanced standards in the Cosmos ecosystem and prepares for upcoming launches of vxASTRO and the tributes marketplace
• Users holding ASTRO in CW-20 format must swap them for the new TokenFactory standard at a 1:1 ratio on the Astroport swap page
• Post-migration, Astroport will introduce vxASTRO for voting on emission distribution and a Curve-style bribes market to influence liquidity priorities
1Intro Public Sale
• @1intro announces its LBP public sale on the 1LBP platform, starting Apr 14, offering 200M tokens
• The LBP weights transition from 99% $INTRO / 1% SOL to 25% $INTRO / 75% SOL
• Additionally, they introduces a unique referral system with a 2% trading fee, with all fees going to referrals
• Tokenomics include a total supply of 1B, with 25% for public sale, 15% for bootstrapping, 10% for the team, and 40% for ecosystem incentives
Introducing Arch Network
• @ArchNtwrk introduces Arch — the first Bitcoin-native application platform which is live on the Bitcoin mainnet
• Arch introduces smart contract functionality into Bitcoin via a Rust-based zero-knowledge virtual machine called ArchVM. The ArchVM is paired with the decentralized verifier network which verifies ZKPs
• Additionally, Arch does not force users to bridge their assets. Instead, they can trade Bitcoin and Bitcoin-based assets natively on Bitcoin against programs deployed on the ArchVM
MOCA Tokenomics
• @MocaverseNFT announced the tokenomics for $MOCA — the omni-chain token that powers network infrastructure and growth
• There will be a total of 8,888,888,888 $MOCA tokens with the allocation as follows:
⇢ Network Incentives: 31.5%
⇢ Ecosystem & Treasury: 20%
⇢ Community Sale: 1.5%
⇢ Strategic Partners: 13%
⇢ Liquidity: 10%
⇢ Operational Expenses: 5%
⇢ Team: 12%
⇢ Launch Contributors & Advisors: 7%
• Additionally, holders of Mocaverse NFTs will be airdropped tokens
• The $MOCA token is used as the primary payment currency for the Mocaverse network for digital purchases, gameplay sinks, launcher to mint new assets etc. It will also allow holders to earn more rewards by holding and participating in products like MocaList Launchpad. Lastly, it is used as an omni-chain transaction fee on a “pay per usage” basis for services like abstracted gas fees, digital identity, reputation attestation and oracle, social clusters creation etc.
Omni Genesis Airdrop
• @OmniFDN is a platform designed to integrate Ethereum rollups, offering developers and users universal access to all of Ethereum’s liquidity and capabilities without compromise
• Omni will airdrop 3% of the total $OMNI supply. Eligibility for the airdrop was determined retroactively as of April 3, 2024. Users have 45 days to claim their $OMNI rewards after which all unclaimed tokens will be returned to the Omni Foundation to be used for future community initiatives
• Users can check their eligibility ← Here
• If you’re testnet users, builders, key participants in Omni Network or EigenLayer restakers, Pudgey Penguin, Redacted Remilio Babies, Milady Maker, Injective Ninjas, you might be eligible for the airdrop
Misc News
• @berachain raises additional $100M in a series B co-led by @BHDigitalAssets and @hiFramework
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*