GM Digest #272 — World Chain
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
World Chain
• @worldcoin introduces World Chain, a blockchain designed for humans, prioritizes verified human users over bots, offering gas allowances for transactions
• It integrates with the Worldcoin protocol and Ethereum as an L2 solution for scalability, part of the OP Superchain ecosystem. It aims to reach 1 billion users, focusing on real-world utility apps and decentralized finance
• Verified human users receive transaction priority and gas allowances, while developers gain access to a large user base and community grants. The network is open-source, permissionless, and aims for global governance
Socket Chain Abstraction
• @SocketProtocol introduces Modular Order Flow Auction (MOFA), the first chain-abstraction protocol
• MOFA creates a marketplace for execution agents to fulfill user requests across 300+ chains and rollups without introducing new chains or validators
• This enables seamless, streamlined transactions for users and simplifies development by abstracting away chain complexities
• Additionally, it fosters collaboration among off-chain actors like sequencers, validators, and market-makers, leading to a more integrated blockchain ecosystem
Lagrange Testnet
• @lagrangedev Labs introduces Testnet Euclid, showcasing its ZK Coprocessor and Verifiable Database for Ethereum
• This technology allows developers to build dApps with efficient and inexpensive queries on a verifiable ZK database of historical blockchain data
• Unlike traditional ZK coprocessing, Lagrange's approach indexes blockchain data and runs parallelized computations on top, offering hyper-parallelization, dynamic updates, and ultra-scalable queries
• Community involvement will be encouraged for testing and feedback, with the launch of the ZK Coprocessor as an AVS on EigenLayer anticipated soon
Introducing Memelandia
• @ton_blockchain introduced Memelandia, a central hub for meme coins and community tokens. This initiative aims to help meme coins get greater recognition within the market
• Memelandia will also be part of The Open League initiative which aims to support meme coins and community tokens. Teams will be able to access the Open League’s ranked leaderboard, marketing support and recognition and financial rewards
NetMind Tokenomics Update
• @NetmindAi announced updates to their tokenomics. The team confirmed that as of April 16, the circulating $NMT supply is 34,571,163 and 113,000,000 $NMT will be issued over the next 10 years
• The total maximum supply of NMT is now set at 147,571,163, including current circulation. We have successfully burned approximately 9.85 billion tokens, reducing supply by 98.5%
• The team also adjusted the token’s mining reward halving to adjust every 4 years starting with 10m tokens annually. Staking rewards are also adjusted for rewards to be distributed daily based on participation, with long-term staking receiving a higher weight coefficient
Misc News
• @BananaGunBot launches on Berachain testnet
• @fantasy_top_ goes live on Blast, testnet participants can claim airdrop
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*