GM Digest #331 — Archetype
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing Project Archetype
• @archetype_blue is an upcoming protocol on Arbitrum that combines intents, derivatives, and other DeFi tools into a single all-in-one suite. Built by the team behind @PremiaFinance
• Archetype is designed to be a user-friendly platform initially offering token swaps by aggregating popular DEXs for the best prices. You could say it’s just a DEX aggregator
• However, Archetype also uses "Smart accounts", which are smart contracts that simplify and secure interactions. This enables features like social login, gas-free transactions, and transaction bundling, where multiple actions can be combined into one transaction
• Additionally, it includes a feature called Price Protection, which allows users to insure their token swaps against price drops for a small fee. This feature leverages Premia's back-end to protect users from downside PA during a certain period of time
NAV Finance SIPs
• @NAVFinance_ is launching its Structured Investment Products (SIPs) for deposits in 2 days, providing access to their crypto investment strategies
• NAV Finance aims to simplify investing in crypto by managing risk, time, and complex strategies like arbitrage and yield farming
• They are a regulated BVI SPC hedge fund with a team of analysts and traders, led by @DigitsCapital
• Investors can gain exposure to NAV by depositing into SIPs or staking $NAV tokens. Deposits open on Jun 18
OKX Ventures x SOFA
• @OKX_Ventures has joined @SOFAorgDAO as a founding member to support the development of an on-chain settlement framework for crypto structured products
• SOFA.org, a decentralized autonomous organization, aims to create a DeFi ecosystem that enables secure, blockchain-based settlements of financial assets
• Its first protocol, launched on Jun 7, offers a marketplace for crypto structured products
• This framework allows for tokenization of risk positions, benefiting both DeFi and CeFi platforms by improving capital efficiency
Introducing KUDA
• @Karak_Network introduces Karak Universal Data Availability (KUDA), the Distributed Secure Service (DSS) built on Karak
• KUDA is the first marketplace for DA making it easier for devs to build a rollup
• KUDA testnet will be coming soon and rollup builders, RaaS providers or devs building a rollup will be able to build on KUDA soon
Misc News
• @sweepr_fi LBP on Fjord goes live today
• @fantasy_top_’s current main competition will distribute 1M Blast Gold
• @binance announced that they will be listing zkSync’s $ZK token
• @LayerZero_Fndn TGE on 20 June
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*