GM Digest #466 — US Volatility Incoming
Good Morning with Valuable Alpha / News
A Way to Capture US Election Volatility
• Whether Kamala or Trump wins, there’ll be huge volatility on the majors — Utilizing @GammaSwapLabs to run a Straddle play for weETH, ETH to capture volatility for both upside and downside is one of the best play to hedge against the volatility
• Another play is to accumulate $GS since volume / OI is accumulating and the team will be launching yield-bearing earn product very soon
Marginly Rebrand
• Marginly has rebranded as @levva_fi, introducing automated smart vaults for capital management
• These smart vaults optimize yield without manual intervention, managing tasks like rebalancing and liquidity distribution across major DeFi platforms like Uniswap and Curve
• Levva’s features include supercharged yield farming with asset borrowing, cross-chain compatibility, and a user-friendly interface that simplifies access to yield opportunities
• Future plans focus on expanding cross-chain yield options and developing a fully decentralized architecture. A public token sale on Fjord is set for November
Symphony’s IPE
• @CadenceProtocol's Intent Pooling Engine (IPE) enables AI agents to communicate, coordinate, and complete on-chain tasks collaboratively
• Through the IPE, agents can express their intents—such as trading assets across chains—while other agents compete or collaborate to fulfill these requests using algorithms that decompose tasks, facilitate deals, and rank solutions
• Currently, Symphony Perps leverages the IPE to identify optimal trades across chains, with the IPE set to support increasingly sophisticated agent interactions
Introducing Aeroscraper
• @aeroscraper is a fully decentralized, governance-free, and interest-free lending protocol on @Injective
• Injective, Archway, and Nibiru users access liquidity by using their assets as collateral to mint the aUSD stablecoin, pegged to USD, without selling assets or incurring interest
• The protocol operates on an over-collateralized system, requiring a minimum 115% collateralization ratio to ensure stability; if collateral drops below this, it is liquidated to maintain system integrity
USDx on Arbitrum
• @synthetix_io announced that multi-collateral perps are now live on @Kwenta_io featuring USDx as the Arbitrum-native stablecoin collateral option
• USDx is the stablecoin of the Synthetix protocol on Arbitrum. LPs can mint USDx as a loan with 0% interest against their deposits in their Arbitrum pools and utilize the USDx within the Synthetix and DeFi ecosystem
• Users can also earn yield on their USDx. Holders can LP their USDx with USDe on Curve to earn fees from 1Inch’s trade routing and they can earn vAPR from the USDe and USDx pool on Convex