GM Digest #433 — Uptober
GM Digest #433 — Uptober
Good Morning with Valuable Alpha / News
Uptober is here
• $EIGEN takes off, gradually increasing in price with current MC at $775m, around 3.5% up from TGE
• Many of the alts & memes have started moving while BTC & ETH have slightly increase in price (0.5%+). $SUI $SEI $FTM $NEAR $APT $INJ etc etc
Silo v2
• @SiloFinance v2 aims to improve their offering in the lending markets with risk-isolated, programmable, and customizable markets
• V2 introduces "Hooks," smart contracts that extend market functionality, allowing for features like stablecoin minting, external liquidity deployment, and new lending products
• The new modular architecture enables flexible, secure, and cheaper market deployment, with customizable parameters like interest rates and liquidation flows
• Additionally, v2 markets can be immutable or managed, offering devs more control over risk and market settings. The system is governance-free except for setting fees
GMC Integrates Risk Oracles
• @chaos_labs’ Risk Oracles provide a real-time, automated solution for DeFi risk management, improving on the outdated manual processes that were slow and inefficient
• @GMX_IO integrated Risk Oracles to secure over $400M on Arbitrum, allowing dynamic adjustment of risk parameters in response to market changes
• This removes the need for conservative settings or manual intervention, enabling greater capital efficiency. The system monitors factors like liquidity and volatility, adjusting parameters accordingly
Moby Trade x Infrared
• @Moby_trade has partnered with @InfraredFinance to enhance liquidity within the Berachain ecosystem
• This collaboration leverages Moby's Berachain Options Vaults (BOV), which uses short-term options trading and automatically reinvests rewards to boost returns
• User funds are deposited into Moby Vaults, integrated into DeFi protocols, and optimized by Infrared. The partnership increases liquidity and rewards through auto yield farming and options strategies, leading to APR boosts of over 30%
SwissBorg DeFi Basket
• @swissborg has launched the DeFi Thematic, a dynamic basket of DeFi tokens offering exposure to the sector through curated investments
• It covers major DeFi sub-sectors, including decentralized exchanges, lending and borrowing platforms, oracles, staking, yield platforms, and decentralized money
• Initial allocations include tokens like $UNI, $AAVE, $LINK, and $MKR. Thematic composition is adjusted based on market conditions, and discretionary rebalancing ensures diversification and risk management
• Thematic strategies evolve based on insights from SwissBorg’s investment team
Introducing ozUSD
• @ClearpoolFin introduces ozUSD, a yield-bearing stablecoin native to the Ozean ecosystem
• The Ozean ecosystem uses USDX as its native stablecoin and gas token. Users can lock USDX and convert it to ozUSD which auto rebases and distributes a risk free rate to holders
• USDX is backed 1:1 against US dollar abd also reserve assets including 1-3 month T-Bills
Introducing Project Westworld
• @virtuals_io introduced Project Westworld, the first playable Autonomous World on Roblox
• Project Westworld uses Virtuals’ GAME engine which powers a multi-agent interactive simulation in Roblox. All virtual worlds powered by the GAME engine framework will become never-ending games with infinite replayability
Introducing Warp Tokens
• @hyperlane introduces Warp Tokens, an interchain token standard that enables asset issuers to scale token distribution alongside Hyperlane’s permissionless expansion
• Warp Tokens feature:
⇢ Permissionless expansion to any new chain, including the widest support of alt-VMs
⇢ Open sourced
⇢ Customizable security and fees
⇢ Ability to support unique token types
• Users will have to lock their token and mint out their Warp Synthetic token on the destination chain
Misc News
• @Pumpbtcxyz’s $pumpBTC is now live on Base
• $USDY is now live on @arbitrum, and integrated on @Dolomite_io
• @0xSonicLabs announced that users can now start earning points for the $S airdrop