GM Digest #383 — What's Next
Good Morning with Valuable Alpha / News
Celestia Lemongrass
• @CelestiaOrg is introducing the Lemongrass upgrade, bringing key changes to its consensus layer
• The upgrade includes the introduction of Interchain Accounts (CIP-14), Packet Forward Middleware (CIP-9), and a new upgrade mechanism (CIP-10) to streamline future updates
• Lemongrass will be activated on the Arabica Devnet in August, with the Mocha Testnet and Mainnet Beta following shortly after
• Other changes include price enforcement (CIP-6) to reduce spam and the deprecation of the Blobstream module (CIP-20) to simplify network architecture
Lumia x Waves
• @BuildOnLumia is integrating with the @wavesprotocol ecosystem to bring Real-World Assets (RWAs) on-chain, providing Waves builders and users with access to tokenized RWA markets
• This partnership improves liquidity for RWAs, enables better trading and efficient DeFi development on Waves
• Lumia's technology aggregates liquidity from major exchanges, improving asset access and pricing on Waves' DEXes
Vessel Finance Raise
• @VesselFinance has secured $10M in seed funding to improve trading by integrating the efficiency of centralized exchanges with the transparency of DEXes
• The funding round was supported by prominent investors including Sequoia Capital, Scroll co-founders, and others
• The funds will focus on improving liquidity efficiency and developing advanced Zero-Knowledge Proof solutions for secure and scalable DeFi
Stryke on Blast
• @stryke_xyz has integrated its CLAMM (Concentrated Liquidity Automated Market Maker) on the @blast chain
• The integration with Blast and its DEX, @ThrusterFi, enhances Stryke's on-chain options trading, allowing users to earn through efficient liquidity provision
• Stryke offers American-style options and flexible strike prices
Nillion x Ritual
• @nillionnetwork announced their partnership with @ritualnet. With this partnership, Nillion aims to enable the Ritual network to process sensitive data in a fully privacy-preserving manner
• This integration involves integrating Nillion’s blind computation technology as a backend for private model inference and storage on the Ritual network enabling Ritual to offer decentralized AI inference for both public and private data
• The partnership opens doors for secure, privacy-first applications across blockchain and AI with use cases such as enhanced AI agent privacy, privacy preserving information retrieval, advanced AI for healthcare and IoT and trustless anonymization
Mantle x Pendle
• @0xMantle announced that they will be partnering with @pendle_fi for Season 1 of Methamorphosis allowing users to hold mETH LP or YT on Pendle earn 25x Powder per mETH daily
• Users holding mETH can now zap their mETH onto Pendle and provide liquidity for mETH LP. mETH LPers will be able to earn Powder, mETH staking rewards, swap fees, PT- $mETH fixed yield, and $PENDLE incentives. Alternatively, users looking to leverage their Powder exposure can buy more mETH YT
• The team also announced that the TGE for $COOK is scheduled for mid October
Misc News
• @blast announced that Phase 2 Gold distribution is now live