GM Digest #394 — Leverage Aggregator
Good Morning with Valuable Alpha / News
Clearpool’s RWA Chain
• @ClearpoolFin has introduced Ozean, a blockchain built specifically for Real-World Asset yield, built on the OP stack
• Ozean simplifies DeFi by integrating RWAs in a compliant way, allowing users to earn yield on-chain
• Ozean features include a liquidity layer (Oxygen), a compliance layer, and a unique yield curve for advanced financial instruments
• The entire ecosystem is powered by Clearpool’s $CPOOL token, which will also be used to reward stakers
Yield Nest LRT
• @YieldNestFi’s ynLSDe just launched and it is a Liquid Restaking Token designed to optimize yield from Liquid Staking Tokens by restaking them into EigenLayer
• It allows users to maximize returns without unstaking assets, supporting tokens like stETH, sfrxETH, mETH, and OETH
• ynLSDe auto-compounds rewards, increasing its value over time, and can be used in various DeFi protocols
• The token ensures liquidity while boosting yields through a curated AVS basket
Leverage & Lending Aggregator
• @LeverUpfi is introducing a new approach to DeFi with its intent-based leverage and lending aggregator
• Unlike other aggregators that focus on DEXs and bridges, Lever Up targets the largely unaggregated leverage and lending sectors, optimizing borrowing by directing activity to the most capital-efficient pools
• Lever Up simplifies leverage strategies by consolidating and optimizing positions across multiple platforms in a single transaction. It also offers a terminal for managing and refining existing leverage strategies
Lever Up is set to launch soon, offering early access and airdrops to users and $BONSAI holders, and is part of the Bonsai DAO ecosystem
Puff Dragon Chapter 6
• @puff_drgn announced that Chapter 6: Destiny in Balance is now live
• Each wallet with $PUFF was given points in these categories listed below:
⇢ Genesis Potion: 3 pts ⇢ Ch 2/3/4/5 Potions: 1 pt per ⇢ Vials 1/2/3/4/5: 0.5 pt per ⇢ Puff Dragons NFT: 3 pts (4 for multiple) ⇢ Net buyer/seller on DEX: +/- 2.5pts
• Then based on the wallet’s score, users are assigned a character with these drop rates:
⇢ Up to 3 pts: Sefu- 2% drop ⇢ Up to 6 pts: Shaka, 3% drop ⇢ Up to 10 pts MCR: 4% drop ⇢ Over 10 pts: Puff Legend, 6% drop
• The team will also be expanding their reach via collaboration with ByBit in their Web3 campaign and also creating liquidity on other chains starting with Eth mainnet
• There are also plans for $PUFF to be burned: 1) $PUFF can soon be burned into 5% of $COOK 2) Unclaimed rewards tokens sitting for months will be burned 3) 33% of supply in treasury will be locked/burnt
• Lastly, there will be an integration into MethLab where holders will be able to get liquidation free loans in mETH
Introducing Corn
• @use_corn introduces Corn, a super yield network for BTC
• Corn will be an Ethereum L2 that uses BTC as the gas token. This gas token will be BTCN which is their hybrid tokenized BTC backed 1:1 by native BTC and not bound to a single centralized custodian or bridging solution. Instead, BTCN extend's its minting rights to multiple trusted custodians, smart contracts, and/or bridging protocols
• The Corn Network will be using tokenomics inspired by Curve Finance where the network emits $CORN incentives, that are then directed to protocols chosen by $CORN stakers. Voters will also enjoy a native bribe market, offering extra incentives to vote for certain apps
• The team also confirmed an airdrop where the eligibility criteria is to be revealed later on
Misc News
• @sudoswap to launch on @zaar_gg’s Zaar Chain from day 1
• @Delphi_Digital and @TheTieIO are launching an institutional accelerator aiming to connect DeFi protocols with financial institutions
• @IntentX_ v2.1 is live with a multi-solver solution and instant close feature
• @GMX_IO ‘Shift’ feature is live allowing LPs to switch liquidity between GM pools without fees
• @KaminoFdn announced that Kamino Season 2 distribution is now available for claim
• @base introduces Basenames, allowing users to claim a unique base.eth username onchain
• @Galxe launches an alpha mainnet of Gravity Chain (L1)