GM Digest #415 — "For Decentralized Gaming"
Good Morning with Valuable Alpha / News
TreasureDAO Proposal to Move to zkSync
• Treasure DAO members will vote on a proposal that would approve migrating the web3 gaming ecosystem from Arbitrum to ZKsync per The Block
• This is likely due to the incentives & grant(s) being offered as pointed out by Andy from The Rollup that “zkSync is giving mid 7-fig grants to build on ZK stack”
Mode Announces AIFI
• @modenetwork is building an AIFI economy — Mode's vision to scale DeFi to billions of users through AI agents and AI-powered financial applications
• Mode is moving into the next phase of growth, supporting AI-enabled infrastructure and interfaces to scale DeFi to billions of users
• AIFi refers to AI agents and machine learning models executing onchain transactions across DeFi.
Initially, these agents will act on behalf of human users, but AIFi will evolve into a new financial system powered by agent-to-agent interactions.
• Some use cases that Mode is developing with partners
→ AI-Secured L2 Sequencer, Enhanced security monitoring through @HypernativeLabs to stop malicious transactions before they hit smart contracts.
→ Onchain Agent Infrastructure (with Olas, Giza, RPS AI) to enable users to deploy AI agents to run DeFi strategies across the Superchain
→ AI-Powered Interfaces offering simple, user-friendly crypto onboarding, including AI-powered vaults and agents accessible via Apple Pay
Introducing Wingbits
• @wingbits is a DePIN network focused on improving aviation safety and efficiency through advanced flight tracking using ADS-B technology
• By contributing flight data, participants help enhance real-time monitoring
• If you want to participate you need to invest in a setup consisting of stuff like Raspberry Pi, an antenna and ADS-B Receiver. Similar setup to Helium if you farmed it a couple of years ago. Also note you need to claim your hexagon on the map based on your location. However, if someone already got it you will not be able to setup your station
• Wingbits offers a token-based reward system to incentivize the data sharing on Solana
• Their plan includes expanding the ADS-B receiver network, enhancing data quality, and developing aviation solutions. Long-term sustainability is achieved through monetizing the data and creating products for aviation companies
Eigen x Nuffle
• @EigenLayer is going multichain through a partnership with @nufflelabs, integrating the Nuff Protocol
• This will allow restakers to secure multiple blockchains and receive rewards natively without using bridges, reducing risks and introducing more asset variety for restaking
• The Nuff Protocol will enhance AVS development by lowering entry barriers and adding new features
OP Succinct
• @SuccinctLabs’ OP Succinct combines the OP Stack rollup framework with SP1, a fast zkVM, to create customizable, cost-effective zkEVM rollups
• This integration enables fast finality (minutes instead of 7 days), low proving costs (0.5-1 cent per transaction, expected to drop 5-10x), and full EVM compatibility
• It simplifies the process for developers to switch from optimistic rollups to ZK rollups with minimal changes, while maintaining security and scalability
INFINIT Raise
• @Infinit_Labs, a DeFi abstraction layer, raised $6M in funding from investors like @ElectricCapital, @mirana and @hashed_official
• NFINIT simplifies the process of launching and scaling DeFi protocols by providing modular, customizable building blocks that allow developers to quickly build or enhance protocols
Introducing Edge
• @chaos_labs introduced the Edge Oracle Network, a decentralized oracle that is already live and has secured over $30b in transaction volume as @JupiterExchange’s primary oracle and powering over 60% of Solana’s perp volume over the past 2 months
• Edge will provide prices and also contextual integrity via its understanding of market dynamics, liquidity fragmentation and potential manipulation vectors across multiple chains and protocols. Edge will feature:
⇢ Offchain and Cross-chain data aggregation and analysis
⇢ Native risk management and anomaly detection
⇢ Low-latency, high-security design for leveraged, and derivative markets
⇢ Reduced burden on application developers for price integrity checks
• Edge Price and Risk Oracles are currently live and are being integrated into dApps across EVM and Solana chains. The team also plans to fully decentralize the Edge Oracle Network allowing partners such as Galaxy Digital, Nethermind and Blockdaemon join as network participants
Introducing Squid 2.0
• @squidrouter is a a cross-chain liquidity routing and swap protocol across the EVM and Cosmos ecosystem and is powered by Axelar. They have introduced Squid 2.0 which is more modular, 10x faster, with same-chain swaps, enhanced routing, and an entirely new interface
• Squid 2.0 features:
⇢ 2.0 provides for more intelligent routing and more functionality via hooks. It also enables for same-chain swaps
⇢ Allow users to fetch tokens, get quotes, and swap faster from 5s to 500ms for any token on any chain, and even more support for 1:1 stablecoin and RWA transfers
⇢ Squid 2.0 chooses the optimal route for swaps across any bridged asset or LP allowing users to access more liquidity with less slippage and better prices
⇢ Squid 2.0 also has a new interface allowing users to pin their favorite tokens, view swap amount in USD, see every route, track every swap, send to any ENS name and swap on mobile