GM Digest #313 — Intents
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Aperture Raise
• @ApertureFinance, a platform using AI-powered intents, has secured $12M in Series A funding, valuing it at $250M. Key investors include Skyland Ventures, Blockchain Founders Fund, and Krypital Group
• Aperture's system uses a decentralized network of solvers to optimize transaction flows, enhancing accessibility and efficiency. The platform plans to integrate a Large Language Model (LLM) to convert natural language intents into on-chain commands, further simplifying user interactions
• The funding will used to develop Aperture's infrastructure, expand its solver network, and improve user experience. Aperture will also launch its $APTR token on Bybit on May 31
Introducing Self Chain
• @selfchainxyz’s Self Chain is a Layer1 blockchain designed to simplify the user experience with an intent-based approach and keyless wallets
• It interprets user intents using large language models (LLM) to find efficient transaction paths. The platform features keyless wallets for easy onboarding and recovery, giving users self-custody of their assets through MPC-TSS/AA technology
• Additionally, it rewards decentralized applications (dApps) for efficiently resolving user intents
• The native token is $SLF, used to pay transaction fees. Token holders can also stake their tokens to validators or run their own validator nodes, contributing to network security
• $SLF tokens allow holders to participate in governance and can serve as native collateral for liquidity provisioning and DeFi apps within Self Chain
MagicSpend++
• @SocketProtocol's MagicSpend++ is a framework that allows users to transact on any blockchain instantly, without needing to worry about which chains their tokens are on
• It leverages Coinbase’s MagicSpend and the Account Abstraction standard to create a Chain Abstracted Balance (CAB), which consolidates all token balances across different chains into a single balance. This means users can spend their CAB on any chain without fragmentation, bridging, gas fees, or latency
• Tokens are locked in smart wallets and can be withdrawn to Externally Owned Accounts (EOAs) after a delay. This locked balance is then available for use on any chain
Introducing Enso Intent Engine
• @EnsoFinance introduced the Enso Intent Engine, the world’s first fully decentralized shared network state for building transactable data across all blockchain frameworks
• Enso can fulfill all request types by having a shared map of all Smart Contract interactions across blockchain frameworks including rollups, appchains, and blockchains; allowing devs to express their desired outcome
• Enso will have the most extensive integrations available with the most efficient execution by living as a standalone L1 tendermint blockchain powered by network participants
FortunaFi Launches Reservoir Stablecoin
• @_Fortunafi, a tokenization platform recently raised ~$9.5m on its latest round, bringing its valuation to $48m
• Fortuna plans to launch “Reservoir” in June — Reservoir will offer users various yield-bearing products backed by digital and real-world assets
Introducing Sandbox DAO
• @TheSandboxGame introduced the @TheSandboxDAO
• Sandbox Land or $SAND holders will be able to vote on the Sandbox Improvement Proposals (SIPs) which would impact Land ownership, influencing game aesthetics and interactivity through lots on Game Jams and @VoxEdit contests
• The first batch of SIPs are currently live. Users will require a plot of Land and 5 SAND 0.00%↑
Misc News
• @Sei_FND announces that $SEI airdrop Phase 2 is live. Stakers, Liquid Stakers and NFT holders are eligible
• @ethena_labs is live on @Blast_L2 with a lot of integrations with native protocols, offering opportunities to leverage farm sats along with Blast gold and protocol points
• @Kwenta_io announced that the release of their V3 Merge is live
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*