GM Digest #315 — SolvBTC on Merlin
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Airpuff Leverage SolvBTC Buff
• @airpuff_io has released SolvBTC Leverage strategy on Merlin Chain
• SolvBTC is the largest LST of BTC with more than $1bn in TVL across Merlin, Arbitrum, BSC.
• The strategy right now offers early Solv Finance XP incentives which could be quite attractive as their TVL has reached $1bn. Soon there'll be yield vault where users will be able to earn delta-neutral BTC yields on top of the points as well
• Users earn 2x multipliers on Solv XP (8 XP per $1 deposit) and can perform up to 7x Leverage on the strategy
To get started on the strategy,
You can bridge your wBTC to Merlin using Meson
Once done, you can swap BTC to mBTC on Merlinswap
Visit Airpuff to deposit m-BTC to earn % real yields OR use your m-BTC to get into leverage SolvBTC strategy to farm up to 47.6x XP per day
Nillion's Lanuch Phases
• @nillionnetwork's deployment strategy involves four phases for the launch of its Coordination Layer
• Phase 1: Genesis Sprint Over the next four weeks, the public testnet will launch. Users can create Keplr wallets, transfer and stake testnet tokens, test on-chain governance, and download the Nillion SDK
• Phase 2: Catalyst This phase integrates Petnet with the Coordination Layer, enhancing processing capabilities. Key upgrades include testing new cryptographic technologies, connecting with the mainnet, onboarding external nodes, and deploying Blind Applications
• Phase 3: Hardening The full production launch occurs in this phase, enabling secure data storage and Blind Computation. Applications and proofs of concept built in previous phases will go live, handling real transactions and interactions
• Phase 4: Multicluster Future This phase focuses on horizontal scaling by introducing new clusters of public nodes to increase the network's capacity. These clusters will be tailored to specific marketplace needs
• Nillion is a secure computation network that decentralizes trust for high value data in the same way that blockchains decentralized transactions
• Example use cases: decentralized secure computation and storage infrastructure for the supply chain industry, personalized AI — allowing AI models to be trained on sensitive data without exposing the data, healthcare data sharing — privacy-preserving technology allows sensitive medical data to be shared and computed on in a decentralized way
Introducing Enso
• @EnsoFinance is a network that simplifies smart contract interactions across various blockchains, making it easier for developers to integrate decentralized ecosystems into their apps. It acts as a central hub for accessing transactable data
• It addresses developers' usability challenges by eliminating the need for manual integration of every smart contract and blockchain. Instead, developers can express their desired outcomes, which Enso can fulfill using a shared map of all smart contract interactions
• The network relies on three key participants: Action Providers (developers who submit smart contract interactions), Graphers (mathematicians who find optimal solutions for user requests), and Validators (independent parties ensuring the security and validity of actions)
• Enso operates as a standalone L1 tendermint blockchain, with support from various partners and over $11 billion settled on EVM chains
Introducing Subsea Protocol
• @SubseaProtocol, the world's leading risk management marketplace for digital assets that pioneered a completely automated, transparent, and impartial invariant detection mechanism to secure users against digital asset risks, hacks, and attacks
• Subsea is natively built on Karak Network. It Includes support for Ethereum, Optimism, Arbitrum, Polygon, Avalanche, and other compatible blockchain networks
BorpaToken Public Sale
• @BorpaTokencom is a new memecoin designed to set a higher standard in the memecoin industry offering a unique and fair token distribution through a deflationary financial game
• BorpaToken is allocating 80% of its total supply to the community, primarily through the previously mentioned financial game that rewards risk-takers
• The Public Sale starts on Jun 5 and is divided into four phases. 1. Whitelist Round (Jun 5-8): Participants can buy up to $200 worth of tokens per whitelist, any unsold tokens move to the next round. 2. Overflow Round (Jun 8-15): Open to unlimited investments, tokens are distributed pro-rata based on total contributions. 3. Waiting Period (Jun 15-26): Events will be held to build anticipation. 4. Claim (Jun 26): Participants can claim their tokens. The financial game will also start distributing rewards
Misc News
• @Aark_Digital sale is live on @apeterminal
• @tap_protocol announced that $TAP is live on @CoinList
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*