GM Digest #334 — Particle | Houdini | Lifinity
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Particle Token
• @particle_trade announced $PTC, a native token for governing and powering its protocols. The token launch is targeted for early July, with the exact date TBA
• Users with Particle points from using Particle protocols like LAMM and DUO can claim a $PTC airdrop. The token distribution will be based on a snapshot taken before the TGE
• A portion of $PTC is reserved for various campaigns and partnerships, and there will be no public sale for $PTC
• Immediately after TGE, a native staking protocol will offer boosted rewards. $PTC can also be used and staked across various top protocols on Blast, qualifying for additional rewards
• Further details on the $PTC launch, including tokenomics, TGE timing, and airdrop venues, will be announced soon
Introducing Houdini Swap
• @HoudiniSwap is a platform for private, compliant crypto transactions across all major chains, ensuring sender anonymity and preventing the receiver from identifying the sender's wallet address
• It functions as an advanced aggregation engine integrated with a network of exchanges and uses randomized leading Layer 1s to enable transactional privacy. Rates are pulled across a large portfolio of crypto pairs and dynamically compared to identify the lowest cost pathway for users
• The platform uses a dual-exchange system for each private transaction, involving an intake exchange (Exchange 1) and an outtake exchange (Exchange 2). A randomly selected Layer 1 functions between these two exchanges, with assets swapped by Exchange 1 sent across this Layer 1 to Exchange 2
• Houdini Swap v3 is set to go live soon, the launch date is Jun 7
Lifinity on Eclipse
• @Lifinity_io, an oracle-based DEX on Solana, is launching on @EclipseFND, Ethereum's “fastest” Layer 2
• This partnership will utilize Eclipse's speed to enhance Lifinity's price updates and liquidity
• Eclipse, powered by the Solana Virtual Machine, combines Solana's efficiency with Ethereum's liquidity
Parasail x Peaq
• @parasailnetwork is joining @peaqnetwork to support new DePINs by offering an incentivized restaking mechanism
• This mechanism acts like a Web3 insurance policy, helping DePINs build demand and user confidence by providing refunds in case of service failures
• Community members will be able to earn rewards by restaking tokens to support DePINs on peaq
Introducing sUSX
• @USXProtocol introduces sUSX, the first Native yield-bearing omnichain stablecoin
• Unlike traditional systems, sUSX leverages DeFi for transparent and sustainable yield generation. Yields are funded through diverse strategies, such as Protocol Fees from Lending, Minting fees from the Vaults, LSR, POO, and more
• Users will soon be able to use their USX to mint and earn native yield on sUSX across all supported blockchains
Penpie Boosted Ethena Sats
• @Penpiexyz_io offers +14% APY together with 20x Ethena Sats on Ethereum
• There are many interesting farming opps on Penpie atm such as
Karak sUSDe offering 62% APY with 2x Karak Points & 5x Sats
EtherFi eETH offering 55% APY on Pendle
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*