GM Digest #424 — Activity Surging Back
GM Digest #424 — Activity Surging Back
Good Morning with Valuable Alpha / News
SkateFi x Mantle
• @skate_chain is partnering with @0xMantle to offer rewards through its @vertex_protocol Liquidity Majors vault
• Users can earn 50,000 $MNT and 2 million Ollies by depositing USDC for delta-neutral yield strategies • Incentives will be available from Sept 20 to Oct 18, with weekly rewards claims
• Additionally, 5 million Ollies will be distributed through the Mantle Rewards Station to $MNT stakers, with key snapshots on Sept 20 and Sept 29. Rewards can be redeemed starting Oct 3
Ankaa Accelerator Projects
• @Aptos Foundation and @OKX_Ventures have selected four projects for the @AnkaaLabs Accelerator Program, which supports Web3 startups with funding, mentorship, and resources
• The chosen projects are: @MizuWallet, a PayFi platform for payments on Aptos; @itplaysout, a mini-game platform integrating Web2 and Web3; @Luckey_official, a keyboard app using AI and DePIN to onboard users to crypto; and @mereo_xyz, a fan engagement platform focused on reputation and data insights
• The program, backed by a $10M fund, aims to boost Web3 adoption and build real-world use cases
Octra Raise
• @octra has raised $4M in pre-seed funding led by @FinalityCap and supported by several other investors
• The company is developing a universal, chain-agnostic cryptographic protocol based on fully homomorphic encryption over hypergraphs (HFHE), aimed at ensuring data safety in distributed systems • Octra's system is built around "circles," isolated personal cloud environments with programmable privacy, and uses a unique consensus mechanism combining ML-based node selection, PoW, and PoS for enhanced data security
• Octra has launched a WASM sandbox for testing and benchmarking HFHE's efficiency • Mainnet is expected to launch in 2025, with the focus currently on research papers, testnet, libraries, and a bug bounty program. OCaml, C, C++, ATS, and Rust are among the supported development languages
Introducing WCT
• @WalletConnect introduced $WCT, Wallet Connect’s native token powering the Wallet Connect network
• $WCT will be powering the onchain UX ecosystem with the following functions:
⇢ Holders decide on fees via governance mechanisms
⇢ Distributed as token incentives
⇢ To be used for staking
⇢ To be used for governance
Introducing Seeker
• @solanamobile introduced the Solana Seeker, a web3 mobile device. It features a lighter and brighter phone with a better camera and longer battery at a more accessible price
• With this, the team also introduced the Seed Vault Wallet which is core to the Seeker phone and designed in partnership with @solflare_wallet. This mobile wallet integrates with Seed Vault for seamless self-custody giving users a better UX
• The team also announced the Solana Mobile dApp store with a streamlined way to track rewards in one place while allowing users to discover web and mobile dApps with better navigation
• Users will also receive an SBT which is a VIP pass giving users access to rewards and content within the Solana ecosystem