GM Digest #350 — SolvBTC.BBN LRT
Gm with Valuable Alphas / Insights — Make Sure to DYOR. All of This is Not Financial Advice. Ape at Your Own Peril
SolvBTC.BBN, LRT for Bitcoin
• @SolvProtocol introduced SolvBTC.BBN, a liquid restaked token for Bitcoin utilizing Babylon (BTC EigenLayer)
• Users on Ethereum, BNB, Merlin, Arbitrum, Bitcoin Mainnet can take their SolvBTC and stake it for SolvBTC.BBN. In doing so, you’ll share Bitcoin economic security with other networks
• Users staking now will earn up to 2x Solv XP multipliers. There’ll be future Babylon rewards and there’ll also be Defi integrations use cases for SolvBTC.BBN in the future
Chromia Mainnet
• @Chromia's MVP Mainnet will launch on Jul 16. The initial release includes these functionalities: native $CHR tokens on the Chromia Network, $CHR bridging to Ethereum and Binance Chain, with staking and delegation system transitioning coming by the end of Q3
• Users can lease containers, pay fees in native CHR, and deploy Rell dapps. The mainnet will support FT4 accounts and tokens, cluster anchoring, and cross-chain transfers
• Chromia Vault and Explorer will facilitate transactions and monitor activity. Upcoming developments include native staking, ecosystem partner announcements, and core product launches in Q4
• Chromia is a Layer-1 relational blockchain platform for dapps and digital assets
Parcl Airdrop 2
• @Parcl Limited announces a second community allocation of $PRCL tokens, distributing 60 million tokens in total, split between leaderboard participants and traders
• The distribution includes a vesting and streaming component with three schedules based on how much $PRCL users stake
• Schedule 1 requires staking at least 50% of the allocation, streaming tokens from Jul 1 to Sep 29
• Schedule 2 covers tokens not in Schedule 1, streaming from Oct 1 to Nov 30
• Schedule 3 is for those staking less than 50%, streaming from Dec 1 to 31. Also Staking is live, and claims begin on Jul 15
SynFutures on Base
• @SynFuturesDefi V3 has launched on the Base network. Users can now start trading and providing liquidity
• Over the next six weeks, as part of the "Meme Perp Summer" campaign, they will expand asset listings and reward meme communities on Base
• Additionally, SynFutures has recently integrated with VOOI (perd DEX aggregator), allowing users to trade and provide liquidity while earning rewards through the O_O program
• SynFutures is a perpetual futures protocol, using the V3 Oyster AMM, the first unified AMM and on-chain orderbook
Misc News
• @OndoFinance onboards @Dolomite_io to their ecosystem
• @artherachain integrates with @hyperlane, already live on Arthera Testnet
*Reminder to Size Your Entry for Degen Plays and Take Your Principal Out (Take Profits) Whenever You Hit Your Target*