GM Digest #336 — Kaisar | Premia | ENS v2
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
Introducing Kaisar
• @KaisarNetwork is a multi-layered, decentralized system focused on GPU rental and secure connectivity. It consists of the following:
• Kaisar VPN: Uses Mesh VPN technology to create a decentralized private network for secure interactions
• Kaisar Checkers: Nodes that assess and verify the performance of physical devices in the network, transmitting proof to the Kaisar Blockchain
• End-users: Rent GPUs and access services like payment and cancellation via the Kaisar Blockchain
• Providers: Supply CPU/GPU devices, interacting with the blockchain for registration and rewards
• Kaisar Network uses a Proof of Physical Work (PoPW) mechanism to distribute tokens, rewarding participants for real-world physical work and ensuring decentralized transaction validation
vxPremia Tokenomics
• @PremiaFinance’s $vxPremia is a multi-functional token for the Premia Blue protocol, serving as a revenue share, utility, and governance token across different blockchains
• By staking Premia tokens, users receive $vxPremia, which grants governance rights, a share of protocol revenue, and control over emissions. The longer the tokens are staked, the more rewards are earned
• Stakers get 80% of protocol fees in USDC and up to 60% trading fee discounts
• $vxPremia holders also manage reward allocations for Strategy Vaults and vote on governance proposals
• Additionally, $vxPremia can be moved across chains via LayerZero, maintaining all it's benefits
• Premia Blue is an options trading platform on Arbitrum offering customizable options
Olive Network Airdrop
• @0xOlive is an Ethereum layer 3 chain designed to be fully EVM compatible. It features native ETH staking and restaking and is built using the Arbitrum Orbit tech stack
• It uses Eigen DA for data availability and Arbitrum L2 as the settlement layer, which significantly reduces costs, enabling gasless transactions in the process. Additionally, Olive offers account abstraction out of the box, enabling a web2-like experience with session keys, 2FA, and account recovery options
• In terms of staking, Olive supports ETH, LSTs, and LRTs. Olive also integrates Mountain Protocol's $USDM to offer stablecoin holders a yield from US treasury bills
• When it comes to the airdrop, Olive Network has reserved 1.5 billion tokens (15% of the total supply) to reward early adopters. You can earn points by depositing assets like ETH, LSTs, LRTs, and others, with specific point rates for each asset
Introducing ENSv2 Project Plan
• @ensdomains introduces the ENSv2 Plan sharing the project phases for the next generation of ENS
• There will be 5 phases to the project plan:
⇢ Phase 1: Upgrading name resolution, L2 reverse resolution, L2 selection
⇢ Phase 2: Write new contracts for L1 and L2
⇢ Phase 3: Deploy ENS L2
⇢ Phase 4: Deploy Initial Contracts on L1 and L2, Sync registrations and renewals to ENS L2
⇢ Phase 5: Switch resolution process to new contracts, Start registrations again
Misc News
• @MezoNetwork announces integration of @ethena_labs and the ability to stake $USDe and generate a Mezo Score
• @protocol_fx’s $arUSD can now be bridged onto Blast netting you 6X @ether_fi, 2X @eigenlayer and 3X FX points, on top of the yield
• @WhalesMarket lists $BLAST on the pre-market
• @nillionnetwork announced that their Community Round is live on Coin List
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*