GM Digest #282 — X10
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing X10
• @X10_exchange operates as a hybrid CLOB exchange, with off-chain order processing and on-chain settlement via the StarkEx Layer 2 engine by Starkware
• It validates trading logic on-chain, obtains mark prices from multiple oracles, and publishes ZK proofs on Ethereum for transaction integrity and security
• X10 adopts a hybrid model to address limitations of both centralized and decentralized exchanges. It combines on-chain settlement for security and transparency with off-chain trading infrastructure for speed and efficiency
• Long-term, X10 plans seamless migrations with its Sequencer and transitioning to a proprietary zero-knowledge dappchain for adaptability and precision
MYSO Airdrop
• @MysoFinance announces its $MYT token airdrop for early contributors, community members, and active protocol users
• MYSO is a lending protocol specializing in custom loans and on-chain structured product strategies, with over $1.3M in volume facilitated for covered call strategies
• All active community members and protocol users of MYSO, including borrowers, lenders, MAP holders, Discord role holders, and covered call transaction executors, are eligible for the $MYT airdrop. The snapshot was taken on Mar 12
• MYSO Token ($MYT) has a fixed fully diluted supply of 100,000,000 tokens. It will serve as a governance-utility token, facilitating cooperation among stakeholders and providing access to governance features like controlling the DAO treasury and fee switch
Introducing Mitosis Expedition
• @MitosisOrg introduced Expedition Mainnet which is live on @ethereum, @arbitrum, @Optimism, @MantaNetwork, @modenetwork
• Users will now be able to deposit LRTs and start earning MITO points along with other LRT points such as EigenLayer and EtherFi Loyalty Points. Users with 100+ EigenLayer points earned via EtherFi will be able to earn extra MITO Points as well
• Additionally, testnet participants, eETH or eETH derivatives holders, Jumper, Pendle, Pudgy Penguin holders and Cosmos NFT holders will be able to earn Discord roles
Introducing MemeboxFi
• @SolidlyLabs introduced @MemeboxFi which introdcues a new token standard allowing memecoin creators to receive funding
• MemeboxFi solves the issue of locked LP and the memecoin devs earning 0 fees. Memebox introduces ERC-42069 LP tokens which uses fee abstraction allowing creators to earn swap fees despite locked or burned tokens, without needing to withdraw LP tokens
• MemeboxFi also introduces a Pendle-esque yield market where creators can get cash advances on yield swap via sale, auction or rent of their yield receipts
KodiakFi x IVX
• @KodiakFi announced their integration with @ivx_fi, a liquid options AMM built on Berachain allowing users to trade zero days to expiry option contracts across a variety of assets
• This partnership allows users to leverage Kodiak Island LP tokens and staked Kodiak Island LP tokens in IVX portfolio margin as collateral, allowing users to write options on leverage while having yield-bearing assets in the portfolio as collateral
• IVX will also work on creating automated selling vaults backed by pegged LP tokens to create low-risk options income strategies
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*