GM Digest #483 — PumpFun Black Mirror
Good Morning with Valuable Alpha / News
PumpFun Siezed
• @pumpdotfun website domain seized in the US after live streams started getting out of hands
• The amount of violence, mental degeneracy, and extremely sexual streams have been very disgusting — people threaten to perform school shooting or shoot up their family if the MC doesn’t reach [x] amount, a guy & a girl punching a 3 year old until MC reach 15k, and many more disturbing streams
$100m Aethir Eco Fund
• @MRRydon, core team of @AethirCloud announced that they’re deploying $100m Eco fund to invest in AI projects with focus on agents & applications
• The team can deploy in less than 24 hours. You can dm to Mark directly to pitch your project
Echelon Vaults
• @EchelonMarket’s Treasury Vaults, built in collaboration with @OndoFinance & @Securitize, bring tokenized U.S. Treasury Bonds to Aptos and MoveVM, offering enhanced yield and leverage
• The platform enables users to earn ~5% yield on USDY, lend for ~15% APR, and borrow up to 93% LTV using MOD
• Initially available to whitelisted LPs, the product aims to expand with a permissionless version by year-end
Introducing Artemis
• Artemis by @spicenetio is a cross-chain liquidity bridging solution designed for Sovereign Rollups, starting with Solana and Celestia
• Leveraging Risc Zero’s zkVM and Blobstream0, it enables Solana to securely verify Celestia’s state for trust-minimized asset bridging
• The upcoming Solana SPV client powered by TinyDancer ensures secure state transitions, while additional transaction identifiers enhance accuracy in tracking deposits and withdrawals
• Artemis is chain-agnostic, adaptable for bridging liquidity between any L1, L2, or rollup, making it a powerful tool for developers to integrate Solana’s liquidity with Celestia rollups
Lnfi Network Pre-Seed Round
• @LnfiNetwork, formerly NostrAssets, closed a pre-seed funding round backed by @HashKey_Capital, @UTXOmgmt, @waterdripfund, @cmsholdings and others, to build a DeFi ecosystem on the Bitcoin Lightning Network
• Leveraging Taproot Assets, Lnfi introduced LN Exchange, a Lightning-based orderbook exchange, LN Starter for asset launches, and Channel Mining
• Since its soft launch in October 2023, Lnfi has facilitated 2,000 BTC in Taproot Asset trades, and achieved a $10 million daily trading volume on LN Exchange
Introducing zkETH
• @dinero_xyz introduces zkETH, the native ETH liquid staking solution built for the zkSync Elastic Chain
• zkETH leverages yield generated by pxETH which offers 6-8% APR and soon users on zkSync Era and the Elastic Chain will be able to access Eth staking yield natively
• The team confirmed that zkETH’s liquidity will be hosted on @mavprotocol once live
Introducing Mimic Protocol
• @mimicfi introduced Mimic Protocol an automation protocol allowing users to automate processes for manual tasks
• Mimic Protocol achieves this using intents enhanced with AI. The AI Layer receives inputs and generates the most optimal path, the Execution Layer users solvers to execute efficiently and the Security Layer ensures that everything is executed within the desired parameters