GM Digest #323 — ERC-1919 ? | IPOR 3-digits APY
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing AIR
• @AIR_ON_BASE’s AirPad is a launchpad and token minter that allows anyone to create and promote an ERC-1919 token quickly and easily by setting parameters like tax, supply, price, logo, and name
• ERC-1919 is a new token standard designed to ensure safe and fair trading. Trading with ERC-1919 is conducted exclusively through smart contracts, eliminating the need for decentralized exchanges or liquidity pools. Users can exchange native blockchain tokens for project-specific tokens directly through the contract
• When users send native blockchain tokens to the contract, tokens are minted and sent to the user. On the flip side, when project-specific tokens are sent to the contract, they are burned to reclaim their equivalent value in native blockchain tokens, which are then returned to the user
• Token prices are determined through a method called "price levels," instead of traditional liquidity pools. Price levels associate each level with a specific price point. Prices rise when tokens are minted and fall when tokens are redeemed
BladeSwap Gold
• @Bladeswapxyz is preparing for its 4th and 5th Blast Gold Distributions alongside the upcoming Blast Airdrop. Season 4's gold distribution will occur from May 30 to Jun 13, with gold being distributed on June 13
• During the distribution period from May 30 to Jun 13, a total of 105,032 GOLD will be distributed. The allocation is divided into 60% going directly to liquidity providers, 20% to voters, which benefits Blade holders, and traders can earn gold through Lootbox opportunities. Gold Maxi bribers will continue to use the unified Gold Maxi bribe pool to earn gold, points, and lootbox scores.
• Additionally, new "Yield Maxi Pools" using CL pools will be introduced, offering high APRs through $BLADE rewards, but they will not yield Blast points, gold, or lootbox scores
• Gold allocated to the team through developer votes will be entirely distributed through events. An additional 2,400 GOLD will be shared equally among the top 30 Gold Maxi point rankers based on 'GOLD MAXI POINT’
112,500 ARB Live on IPOR
• IPOR’s LTIPP campaign will last for 12 weeks and will distribute 112,500 $ARB to IPOR traders and liquidity providers (LPs) in IPOR’s wstETH and the brand new USDC and USDM pools/markets
• The IPOR Protocol fixes lending and borrowing rates using an interest rate swap with the liquidity pool as a contract counterparty
• Liquidity Providers (LPs) play a central role in providing capital used to underwrite derivatives. You can think of the liquidity pool as a passive market maker who is always available to be a counterpart in a trade
• LPs earn fees from
Fees charged when opening derivatives
Fees charged when withdrawing liquidity
P&L from the trades (both realized and unrealized)
Delegation of cash to the money markets through Asset Management
pwIPOR, a staked, non-transferable representation of IPOR tokens that can be used to participate in IPOR DAO Protocol governance and to improve returns of LP operations on the Protocol
• Because the funds from LPs are used to underwrite derivatives contracts, the net payout would be covered by the LP's funds if the traders make profitable trades. Spread and utilization thresholds are key to determine the profitability of the LP
Mask Network Introduces Staking
• @realMaskNetwork announced that season 1 of $MASK staking is coming soon
• Users will be able to stake $MASK to earn points and share 700,000 $RSS3 and 40,000 $TON in the Season 1 program. The staking model follows a points system whereby the distribution of total rewards is based on the proportion of an individual’s points to the total points
• Users can deposit $MASK at any time during each period, and withdraw at a set time at the end of the period. During the set period, staked assets are locked and cannot be withdrawn
Revert Introduces Points
• @revertfinance announced that users will now be able to earn points from using the App
• Users who have used Revert on-chain tools in the past will have already earned points. Users can earn more by using Revert for creating positions, deposits, withdrawals, collects, compoundings, range changes, and automatic exits
• There is also a referral system to refer other users to Revert via the referral link. During this Phase 1 of the Revert Points Program, users will be able to have a 1.5x multiplier on points earned
Pandora ERC 404 Launchpad
• @Pandora_ERC404 announced that they are releasing the beta version of the ERC-404 launchpad
• Users will now be able to deploy ERC-404 tokens easily via Uniswap v3 with pre-configured liquidity settings to support healthy trading conditions
• Additionally, 5% of every token launched will be airdropped to $PANDORA holders
Misc News
• @GammaSwapLabs will distribute 300k to LPS in esARB over the next 12 weeks as part of the @arbitrum LTIPP incentive program
• @injective releases first ever comprehensive paper on $INJ
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*