GM Digest #316 — RWA Super System
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing Caesareum
• @CaesareumOnBase is a gamified DeFi protocol featuring a unique rebase system (Munus) that progressively burns tokens, making it deflationary
• Each whole token you own comes with an NFT called a fighter, which lets you join mandatory rebase events
• Participants in "Munus" stake fighters (NFTs) in rebase events to compete and survive, with rewards based on performance
• The Ludus staking system is where you enhance your fighters' stats. It's an optional training camp to improve fighters' Strength, Speed, Agility, and Resistance
• Caesareum ($CAESAR) will start with a mint and an initial supply of zero tokens. The project uses an inverse bonding curve system. This system, combined with the deployment of the Liquidity Pool, will create numerous arbitrage opportunities between the curve price and the LP price
• An initial liquidity of $50,000 to $100,000 will be deployed once the curve raises $100,000. At the launch of the Liquidity Pool, the token distribution will be as follows: 56% will go to the public, 32% will be allocated to the Liquidity Pool, and 12% will be reserved for the Seed round
Spectral's Roadmap
• @Spectral_Labs' 2024 roadmap for SYNTAX aims to advance Web3 with AI agents. AI agents autonomously interact with on-chain contracts and perform complex tasks, making on-chain activities more user-friendly
• Spectral's flagship product, SYNTAX, launched in March 2024, allows users to generate and deploy smart contracts and AI agents like MoonMaker and TestMachine
• The roadmap includes launching SYNTAX v2 in Q3, enabling users to create and monetize their own AI agents
• Q4 will bring Inferchain, which allows AI agents to verify each other's actions and engage in trustless interactions. Inferchain will feature collective ownership, agent node operators, and agent network validators
The RWA Super-system
• @BosonProtocol and @FermionProtocol are creating a physical RWA Super-system. A decentralized infrastructure for tokenizing and exchanging physical RWAs using Web3 tech
• This system allows any physical asset to be tokenized and traded with the same reliability as on-chain assets
• Physical Real-World Assets (RWAs) with low verification needs can be tokenized and exchanged using an efficient, optimistic model. Boson Protocol uses this optimistic model to enhance efficiency, assuming transactions are successful unless a buyer disputes it
• For high-value physical assets that need more verification, a more costly model is required with third-party verification before settlement. In mid-2024, Fermion Protocol will launch, using a securities industry model with trusted verifiers and custodians. Fermion will also allow for fractional ownership of these tokenized assets utilizing ERC-404
Velocore Exploit
• @officer_cia reported that Velocore on zksync and Linea got hacked and all of the LP is gone
• @Bladeswapxyz clarified that the exploit is related to their CPMM (Balancer style) pool contract calculation
• The hacker has transferred around 700 ETH on mainnet already so far
Misc News
• @skate_fi to incentivize the ezETH / WETH and USDB / WETH pairs on @ThrusterFi with 2M Ollies points over the next 4 weeks
• @illuviumio announced that they will be introducing expanded ways to earn airdrop points in the Open Beta Testnet
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*