GM Digest #281 — Renzo Season 2
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Renzo Season 2
• @RenzoProtocol Introducing ezPoints Season 2
• 5% of the total supply will be allocated to the season 2 which will run for 3 months. Participants of season 1 will earn 10% bonus rewards
• Pendle, Balancer, Aura, Curve, Thruster, Hyperlock, Juice, Kim, Nile will receive 4x ezPoints booster rewards
• The team also reminded users that $REZ will be available for claiming starting April 30
Entangle Mainnet
• @Entanglefi is launching its Mainnet after two years of development, aiming to establish a liquid, yield-optimized omnichain network connecting both EVM and Non-EVM chains
• Entangle's mainnet uses Cosmos SDK with a delegated Proof-of-Stake (DPoS) consensus mechanism for network integrity. Users can delegate tokens to validators and earn rewards
• Entangle's architecture includes distinct layers for high transaction throughput and reduced latency
• Additionally, "Photon Messaging" enables customizable and flexible transactions with consensus and validation before execution, ensuring quick and secure data communication across blockchain networks
• Entangle also comes with e-Bridge, technology that allows seamless asset transfers across platforms, facilitating DeFi trading and cross-chain liquidity pools for higher returns and arbitrage opportunities
Nyan Tokenomics
• @nyanheroes announced the tokenomics for $NYAN, the token that powers Nyan Heroes universe with a max supply of 1 billion tokens, with a significant portion allocated to the community
• 33.5% of total supply reserved for incentives like airdrops and rewards, 16.5% for community growth
• Airdrop allocation will come from the community pool, claimable at TGE, with multiple seasons planned for rewards
• Early involvement in seasons leads to more rewards in subsequent ones. Compounding $NYAN yields more tokens later. Season 2 is coming soon
• Nyan Heroes is a hero shooter game backed by @MechanismCap, @Delphi_Ventures and @shimacapital
Thena's Perp DEX
• ALPHA V0.X, the latest update to @ThenaFi_'s decentralized derivatives exchange, is live on BNB Smart Chain, soon on opBNB. Powered by @IntentX_ & @symm_io
• ALPHA will kickstart things with a "Trade2Earn Program" that launches on Apr 27, marking the end of the beta phase and aiming to scale up trading volume
• ALPHA introduces key improvements including enhanced user interface, order management innovations, and risk management tools like Stop Loss and Take Profit functions
• Additionally, it utilizes IntentX's solution for gas-free order execution and bridges centralized exchange liquidity to the on-chain world
• ALPHA basically acts as an OTC market facilitator, ensuring deep liquidity and capital efficiency by aggregating liquidity from various channels. The upgrade sets the stage for the release of ARENA, THENA's social hub
KMNO Genesis
• @KaminoFdn announced that $KMNO will be launching on April 30 with an initial distribution of 10% and an initial community distribution of 7.5%
• $KMNO will be used for governance and allow users to participate in the protocol’s decision making process. Additionally, users will be able to stake their $KMNO to boost their Kamino points
Misc News
• @pacmoon_ season 3 ends in 3 days
• @PikeFinance exploited for $300k
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*