GM Digest #303 — Colony
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing Colony
• @Colonylab has launched "Early-Stage," a decentralized fundraising platform that democratizes access to seed and private sales investments on Avalanche
• This platform features "Liquid Vesting," allowing investors to trade locked/vesting tokens during their lockup period on Colony’s upcoming DEX
• The platform has no minimum participation requirements with mechanisms in place to prevent large-scale domination by individual investors
• To participate, users must stake $CLY to receive $ANT tokens, complete KYC/KYB, and engage with project investment pools (NESTs) during the Deal-Flow phase
BRKT x Movement
• @BRKTgg, a decentralized competition management protocol, is launching on the @movementlabsxyz blockchain
• BRKT hosts customizable bracket-style tournaments with on-chain bet settlements, allowing users to bet on sports and binary options
• The platform's beta version will soon be available on Movement's testnet, with additional features coming in 2024. Users can register on BRKT's website to participate
• Movement is a network of Move-based blockchains. Its first product, M2, is a MEVM (Move + EVM) ZK Layer 2 on Ethereum, powered by Celestia
Ionic Season 2
• @ionicmoney is top money market on the Mode Network and they just announced the second season (SZN2) of their airdrop
• Airdrop SZN1 distributed 30 million $ION tokens, with a claim period until May 30, and SZN2 will distribute an additional 20 million $ION tokens from May 15 to Sep 15
• Users can earn points by participating with the usual activities, like supplying and borrowing assets or providing liquidity
Hyperliquid to Support Native EVM
• @Hyperliquidx announced that the Hyperliquid L1 will be able to support native EVM
• The EVM will be augmented to atomically compose with native components on the Hyperliquid L1: HIP-1 assets, spot trading, perp trading, and other defi primitives
• Hyperliquid uses the EVM as an integrated approach towards scaling the L1. By routing the highest throughput transactions through performant native components, the long tail of applications can enjoy ample blockspace. The native order books will benefit from trustless bridging, new assets and improved liquidity
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*