GM Digest #455 — Heightened Activity
Good Morning with Valuable Alpha / News
Grass Token & Airdrop Checker
• @grassfdn released their details on $GRASS, the utility will be governance, staking rewards, and access to bandwidth
• 10% of the total supply is allocated to airdrop with 9% to users who earned Grass Points during Stage 1 (the Network Snapshot)
• You can check your eligibility and see your final allocation here: grassfoundation.io/eligibility.
Introducing Dill
• @dill_xyz_ is a highly scalable and secure next-generation data availability (DA) network aligned with Ethereum’s Full Danksharding roadmap
• It uses subnet sharding, erasure coding (2D EC), KZG polynomial commitments, and data availability sampling (DAS) to offer 10 to 100 times more scalability than current DA networks
• Dill supports millions of validators through a decentralized, permissionless POS system and enables BTC and ETH restaking for additional network security
• Additionally, it operates with technologies like Casper-FFG and LMD-GHOST, aiming for scalable DA without centralized control
Maple x Lombard
• @Lombard_Finance’s LBTC has been onboarded as a collateral asset on @maplefinance, allowing institutional holders to borrow against it while earning BTC staking rewards
• This reduces borrowing costs and improves financing efficiency
• LBTC underwent a thorough review, including liquidity, technical, and volatility assessments, and met Maple’s liquidation and custody standards
Introducing CAP Labs
• @CapLabs_ introduces a stablecoin engine to move beyond unsustainable, cyclical DeFi economic models
• It offers users access to profitable exogenous yield sources like arbitrage, MEV, and real-world assets
• CAP’s stablecoins, redeemable for collateral in various denominations (USD, BTC, ETH), are designed to deliver competitive yield through adaptive strategies that scale with market conditions
• CAP also avoids reliance on custodians or centralized exchanges, ensuring censorship resistance and user protection. It leverages shared security networks to manage risks
Resolv x Dinero
• @ResolvLabs has integrated with @dinero_xyz, allocating 7% of its TVL to Dinero's apxETH, with plans to increase this to 15%
• Resolv's yield will rise significantly, as apxETH offers 2.5 times higher yield than current staking providers
• Additionally, a 50% boost in Resolv’s points campaign is available for pxETH and apxETH holders
Introducing Azura
• @azura has raised $6.9m, is an Onchain Interfacing Layer. The goal is to allow anyone, from anywhere, to trade any asset—enabled by DeFi
• Azura aggregates all major forms of decentralized infrastructure into a single application.
By bundling functionality and abstracting away complexity, Azura preserves the benefits of DeFi—self-custody, decentralization, and transparency—while lowering its barrier to entry.
Introducing Karpatkey
• @karpatkey , a leading provider of onchain treasury management solutions for DAOs and financial institutions, announced today it has successfully closed a $7 million funding round, with participation from over 40 angel investors and investment funds.
• Karpaykey is one of the first active DAO treasury managers in crypto, and remain today the largest, by far
Elixir Mainnet Phase 1
• @elixir announced that Phase 1 of their mainnet will be live on October 31 where their genesis institutional validator program will be initiated
• After network stability testing, users will then be able to claim $ELX, run validators or delegate the $ELX to existing validators
• The team also announced Apothecary where 750m potions will be distributed to users over the next 10 months
HOT AMM
• @ArrakisFinance introduced HOT, the MEV aware AMM built on the Valantis Protocol in collaboration with @ValantisLabs
• HOT uses dynamic fees where fees increase until a new price update to eliminate arbitrage opportunities. LPs can now add capital to pools to capture non-toxic volumes and fees and their ETH/USDC pool
Misc News
• @avax released Avalanche Card that allows users to spend their Crypto anywhere
• @solayer_labs introduces BGSOL, the first restaking asset with liquid staking rewards and automated AVS delegation. An exclusive partnership between @bitgetglobal and Solayer
• @ThunderheadLabs introduces stHYPE, liquid staking for Hyperliquid’s HYPE
• @OstiumLabs Introducing Strategies: the first app for automating trading strategies on US election data. Users can long & short any Polymarket markets on Ostium