GM Digest #304 — WE ARE SO BACK
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
ETH ETF Rumor
• ETH pumped almost 20% during the past 24 hours due to the rumor of Spot ETH ETF rumor
• A senior analyst at Bloomberg, raised the approval odds for the Ethereum ETF from 25% to 75%. The senior analyst noted that the SEC likely faced political pressure as previously the SEC doesn’t give a shit about ETF at all
• Following the ETH meteoric rise, BTC and many altcoins pumped 20%+ subsequently. With ETH beta and AI coins overperforming the other categories
Introducing ERC-7683
• @Uniswap Labs and @AcrossProtocol propose a new standard for cross-chain trade execution systems, aiming to simplify and unify cross-chain actions
• The goal is to improve user experience by addressing issues like insufficient liquidity and slow transactions
• By standardizing cross-chain intents, systems can share resources, leading to faster, cheaper, and more reliable cross-chain interactions
Nexus Auction
• @nexusauction is a new cross-chain, fair-launch platform incubated by @zero1_labs, designed to support node sales and fixed-cap LBPs
• Nexus offers a range of features including cross-chain functionality for major EVMs like ETH, ARB, BSC, Base, and Solana
• The platform also supports varied options for token vesting, allows projects to lock tokens and LPs, and ensures arbiters and referral fees are claimable immediately after sales
Introducing Aevo Airdrops
• @aevoxyz introduced Aevo Airdrops, a new program where the Aevo team work with some pre-launch projects listed on Aevo and airdrop tokens to their most active pre-launch traders and $AEVO stakers
• The team has also revamped Aevo’s staking benefits for the different tiers:
⇢ Bronze tier: 1 to 1000 $AEVO staked. Gives users access to Aevo staking rewards
⇢ Silver tier: 1001 to 10000 $AEVO staked. Access to Aevo Airdrops and Bronze perks
⇢ Gold tier: 10001 to 100k $AEVO staked. Linear base boost multiplier for Aevo Airdrops and linear lucky boost multiplier for trading rewards. The more $AEVO staked, the higher the boost/probability
⇢ Diamond tier: >101k $AEVO staked. Gives stakers access to 5x base boost on Aevo Airdrops, access to personal account manager, VIP TG Alpha Group chat, easy access to new products and features and 60+% rebates from trading fees from referrals
• Users will have to be an Aevo Staker and actively trade Aevo’s pre-launch markets to be eligible to participate in Aevo Airdrops
• The first 2 projects to participate in Aevo Airdrops are @swellnetworkio and @zerolendxyz
nftperp Introduces Ordinals Trading
• @nftperp announced that Ordinals, namely the nodemonkes and bitcoin puppets collection can now be traded on nftperp with WBTC on Blast
• Ordinals traders and LPs can enjoy additional Blast Gold s well along with existing platform-wide incentives. Traders, AMM LPs, and Insurance Fund LPs in Ordinals markets will all earn additional gold
• Additionally, depositers in their pre-launch vaults will be eligible for an additional 20k Gold
Gala Exploit
• @GoGalaGames suffered an exploit with the exploiter being able to mint 5b $GALA tokens worth around $206m
• @Benefactor0101 disclosed that there was unauthorised access to the $GALA contracts and that the team identified the compromise and within 45 minutes we secured and removed unauthorized access to the contract
• The team further assured that the impacted wallet has been frozen
Misc News
• @ThetanutsFi announced that $NUTS Season 1 Airdrop is available for claim
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*