Introducing OctonetAI
• @OctonetAI is an AI platform built on Solana, offering scalable, cost-effective solutions for AI/ML developers, businesses, and researchers
• Key features include GPU rentals, cloud gaming, and decentralized GPU networks for model training
• OctoTerminal and OctoWallet provide blockchain interactions, while OctoTools and OctoAgents provide tools and customizable AI for crypto and community engagement
• OctoCloud and OctoMarket support machine learning lifecycle management and marketplace activities. OctoNode allows users to contribute idle GPU power and earn $OCTO tokens
Pyramid on Base
• @PyramidOnBase is a protocol centered around "Pyramid" nodes and its $PRMD token to build a stable treasury system
• It offers staking for passive income, bonds to purchase discounted $PRMD while boosting the treasury, and a redeem feature for holders to exchange $PRMD for treasury assets
• The treasury, funded by bonds and fees, supports investments in other DeFi projects
• The initial supply of $PRMD is 100,000, with 80% allocated to liquidity, 10% to marketing and advisors, 5% to the team (vested over six months), and 5% to ecosystem funds
Fiamma Seed Round
• @Fiamma_Chain has closed a $4M oversubscribed seed round led by Faction VC and Iterative
• The protocol is addressing Bitcoin’s programmability gap with BitVM2, introducing efficient ZK verification to Bitcoin for the first time
• Its core products include the Fiamma Bridge, a trust-minimized Bitcoin bridge on the Alpha Testnet, and the Fiamma Layer, a ZK verification layer live on Devnet
• These solutions aim to enable real-world use cases like stablecoins, payments, and lending with Bitcoin
Introducing BRM
• @OraProtocol introduced the Buddhism Religious Model’s ($BRM) Initial Model Offering by @BuddhismModel
• $BRM’s model is an LLM built with SFT and RLHF and dataset of Humanistic Buddhism Corpus, including canonical buddhist scriptures. Users have to simply deposit $ORA for an allocation. If the raising target is met, users can later claim their tokens and any unused $ORA, otherwise users will get a full refund
• The team announced that deposits for $BRM are now open and they can start depositing their $ORA on Base to secure their allocation
Eigen Introduces Rewards v2
• @eigenlayer announced Rewards v2, a protocol upgrade bringing greater flexibility, efficiency and customization to rewards within the EigenLayer ecosystem
• Rewards v2 allow AVSs to incentivize operators dynamically, allowing for tailored reward mechanisms that better align with their specific needs. It features:
⇢ Operator Directed Rewards: Allowing AVSs to reward operators based on performance or custom logic
⇢ Variable Operator Fees: Allowing Operators to set their own fee rates per AVS, providing economic flexibility and attracting diverse participation
⇢ Batch Rewards Claiming: Allowing Stakers and Operators to claim multiple rewards in a single transaction
• The team announced that the testnet launch will be on December 12 and the mainnet launch will be in January 2025
Introducing Vana
• @withvana is an open protocol focused on giving individuals control over their personal data
• Vana allows users to export their data, store it securely, and contribute it to DataDAOs, which pool and monetize data collectively
• The protocol solves challenges like maintaining data privacy while enabling economic value through mechanisms like Data Liquidity Pools (DLPs) and the $VANA token
• The token will facilitate governance, payment, and value distribution within the network
• Vana aims to rival monopolized datasets by creating a liquid market for user-controlled data, unlocking its potential for AI development
Creator Points
• @CreatorBid introduces Agent Memberships, allowing users to lock tokens in exchange for CreatorPoints (CP)
• CP rewards are based on the total locked value in the ecosystem and are distributed proportionally
• Members can earn CP while their tokens are locked, with a 14-day cooldown period required to unlock tokens during which no CP is earned
• Membership perks include access to advanced AI tools, token-gated chats, and participation in shaping AI influencers
IntentX Tokenomics
• @IntentX_’s $INTX is transitioning from a "Buyback & Distribute" model to a dynamic fee distribution system based on the token's 21-day moving average
• When $INTX is above the average, 85% of platform fees will be distributed in stablecoins ($USDT) to stakers, providing predictable rewards and reducing sell pressure
• Below the average, fees will fund buybacks to increase the token’s backing ratio, creating a price floor
• Additionally, emissions from the Trade-to-Earn program are being reduced by 50%
Introducing HEU
• @heurist_ai has launched their $HEU token on Mainnet, Base and ZkSync. Heurist is a decentralized AI-as-a-Service cloud and have processed over 1 billion AI interface requests and have more than 13,000 GPU miners who contribute resources
• The $HEU token has different purposes for different stakeholders within the Heurist ecosystem:
⇢ GPU providers can earn mining rewards that are scaled with reliability
⇢ Devs pay with $HEU tokens to gain access to compute resource and new models
⇢ $HEU holders participate in rev share via staking and sequencer fees
• When the Heurist Zk Chain launches in mid-2025, mining rewards will evolve into a continuous streaming system where miners will receive rewards in real-time rather than periodic snapshots
Fuel TGE Details
• @fuel_network’s $FUEL token is an ERC-20 token with a total supply of 10 billion and will be used for staking, network fees, and incentivizing the ecosystem
• Over 51% of supply is allocated to the community for incentives and staking rewards. The rest is split between ecosystem development (24%), project contributors, and early purchasers, with tokens released gradually over 24 or 48 months. Locked tokens cannot be staked
• Fuel employs a proof-of-stake system to secure its network, enabling users to delegate tokens for rewards
• It also introduces Application-Specific Sequencing, allowing dApps to influence transaction order and offer fee-less user experiences
Singularity and Cogito Merger
• There is a proposal that seeks community approval for the merger of @SingularityDAO ($SDAO) and @CogitoFi ($CGV) into Singularity Finance ($SFI), excluding SelfKey ($KEY) for now
• $SDAO and $CGV tokens will convert into $SFI at specified ratios, with migration facilitated through a portal
• The merger focuses on integrating AI-driven financial services from SingularityDAO and real-world asset tokenization expertise from Cogito, with tokenomics adjustments to align with the merger
Quill x Ambient
• @QuillFi and @ambient_finance are partnering to explore DAO-to-DAO governance alignment to support long-term goals
• Ambient will provide liquidity avenues for Quill’s stablecoin $USDQ and governance token $QUILL, while both platforms will launch joint marketing and incentive programs to attract users and LPs
Vesu Pools
• @vesuxyz has launched a new Pools Page, allowing anyone to create and manage custom lending pools on Starknet without requiring technical expertise or external approval
• Pool creators can add utility to tokens, and experiment with tailored market strategies
• For users, this update offers increased liquidity, new earning and borrowing strategies for $STRK LSTs, and collaborations with curators like @Re7Capital
Introducing DelphAI
• @Shaughnessy119, founding partner of Delphi Digital introduced DelphAI, Delphi Ventures’ AI analyst
• DelphAI uses Claude to do extensive analysis, and differentiates his analysis based upon the sector of the project. He uses CLaude to extract teams names and a custom web hook is used to access @perplexity_ai for online reference checks
• The Delphi team will continue to update DelphAI with fine tuning on historical IC docs and results, enhanced competitor analysis, expanded further interaction and capabilities etc.
Misc News
• @0xSonicLabs announced that mainnet will be launching next week
• @distributeai announced that Oasis AI has been rebranded to DistributeAI