GM Digest #432 — Quit $270,000 Job for YC-Backed Startup
GM Digest #432 — Quit $270,000 Job for YC-Backed Startup
Good Morning with Valuable Alpha / News
Uniswap x Across
• @Uniswap Labs and @AcrossProtocol propose a new standard for cross-chain intents to simplify cross-chain interactions and improve user experience
• The standard aims to address challenges like liquidity access and network availability across chains, which can lead to high costs and slow transactions
Lynex x DefiEdge
• @DefiEdge offers automated liquidity management strategies that optimize liquidity within key price ranges, increasing volume and reducing slippage for traders
• Liquidity providers on @LynexFi can capture swap fees without constant management, as the system reinvests yields to compound returns
• Strategies range from conservative, minimizing risk and impermanent loss, to more risk-on, concentrating liquidity in volatile ranges for higher APRs
• DefiEdge's dynamic strategies adjust liquidity aiming to reduce impermanent loss and maximize capital efficiency, across various market conditions
Introducing CYBRO
• @Cybro_io is a new DeFi earn marketplace and yield aggregator designed for newbie crypto investors
• It addresses problems such as unclear ROI, poor portfolio management, and suboptimal user experience in DeFi protocols
• CYBRO's roadmap includes expanding investment options, launching one-click strategies, and introducing features like Zap-in and AI-Broker to improve user experience and portfolio management
Introducing 9Lives
• @Superpositionso introduced 9Lives, a capital efficient predictions market with leverage, built on @Arbitrum Stylus
• 9LIves introduces a novel prediction market which uses a dynamic peri-mutual market (DPM) which ensures deeper liquidity with no risks for the market institution and an aftermarket for selling shares of any outcome. It operates similarly to ab AMM like Uniswap removing the need for order books and allowing for continuous settlement of orders
• The design of 9Lives makes it easier to build options, leverage and perpetuals on top of the prediction market
LogX Network Mainnet Live
• @LogX_trade announced that the LogX Mainnet Network is now live and is powered by @arbitrum,
@hyperlane and @alt_layer
• Users will now be able to use Prediction Markets and Perps at up to 20x leverage
• Mainnet will feature:
⇢ A CEX-like performance with gasless trading and no wallet pop-ups
⇢ Launching meme coin trading, RWAs, options etc.
⇢ Using $LOGX as the gas token
Misc News
• @Pumpbtcxyz integrated with @use_corn and @pendle_fi
• @Karak_Network introduces the @KarakFndn