GM Digest #493 — Open Innovation

Good Morning with Valuable Alpha / News

GMX Roadmap

• The @GMX_IO team proposes a development roadmap focusing on improving user experience, liquidity efficiency, and scalability through several updates

• Key improvements include gasless transactions to enhance reliability during network congestion, network cost subsidies to reduce fees for users, multichain support enabling trading across multiple chains without switching wallets, and cross-collateral functionality

• Further updates in V2.3 could introduce cross-margin trading and market groups to consolidate liquidity for similar markets

• These developments are expected to roll out over several months, with potential phased releases

FXN Swarm

• @joinFXN launched its SuperSwarm open devnet, advancing its unified AI agent economy

• Key components include the FXN protocol, a SuperSwarm Dashboard for agent discovery and registration, and an improved developer SDK

• Participants can bring AI agents to connect, collaborate in real time, and form swarms through secure FXN protocol communication

• The system includes an on-chain reputation feature, enabling agents to review each other's performance for informed swarm connections. Open-source tools for easier agent integration will be released soon

Quai x Penomo

• @QuaiNetwork has partnered with @penomoprotocol to integrate blockchain tech with renewable energy

• Penomo uses blockchain to tokenize renewable energy assets like solar systems and EV chargers, enabling fractional ownership and regulatory compliance

• Quai’s blockchaintech, such as its Proof-of-Entropy-Minima consensus, complement Penomo's focus on renewable energy financing

Dolomite on Berachain

• @Dolomite_io integrates with @berachain's Proof of Liquidity (PoL) consensus mechanism to allow users to maximize returns

• PoL secures the Berachain network by rewarding liquidity providers with governance tokens ($BGT), which are non-transferrable and separate from the gas token ($BERA)

• Dolomite introduces Dynamic Collateral, enabling users to stake assets, use them as collateral for loans, and amplify yield opportunities without sacrificing liquidity. Users can stake PoL-eligible assets, earn rewards, and utilize their collateral to borrow or leverage up to 5–7x

• Dolomite supports multiple PoL providers, including BGT Station, Infrared, and BGT Market, each offering distinct reward structures and collateral strategies

• Additionally, ERC-4626-compliant vault tokens (e.g., dUSDC, dETH) represent Dolomite balances and can be leveraged for PoL staking and farming

Introducing Agent Sandbox

• @virtuals_io introduced Agent Sandbox, an infinite simulation playground for agents on Virtuals

• The Sandbox allow creators to give their agents full control over its personality and goals. The agents can be enhanced with unique abilities by creating custom functions so they can trade onchain, generate memes, control physical robots etc.

• All builders with graduated agents in the Developer Panel can now have access to the Sandbox

Vana Tokenomics

• @withvana announced the tokenomics for $VANA, the native token of the Vana Network

• The token will have a total supply of 120,000,000 with 66.9% allocated to the community and a 28.5% initial float. The token will be used for network security, governance, transaction fees, DataDAO participation and data access currency. Out of the 66.9% allocation, 44% will be dedicated to the community

• The token emissions will be in Phases where 100% of the tokens will be circulating in 60 months from TGE

Align Tokenomics

• @alignedlayer introduced $ALIGN, the native token of Aligned

• $ALIGN will be a key part of Align’s Proof Verification Layer and will have a total supply of 10billion tokens with a 30% initial float and 44% dedicated to the ecosystem and community. The token will be used for payment for verification and network security

• The team announced that users can now check their eligibility and registration closes on December 18

Road to Corn

• @use_corn is about to launch its network mainnet, built to integrate Bitcoin into decentralized finance (BTCFi)

• Using Arbitrum Orbit and LayerZero, Corn enables Bitcoin holders to access an ecosystem of DeFi applications with $BTCN, a tokenized Bitcoin used as its gas token, backed 1:1 by native BTC

• The rollout begins with Maizenet: Seeding, focusing on app onboarding, liquidity establishment, and quality assurance. This phase introduces Corn’s canonical bridge, the Bitcoin Clearing House for $BTCN swaps, and the continuation of Kernels incentives, which allocate shares of the upcoming $CORN token

• By Q1 2025, Maizenet: Harvest will activate $CORN's token launch, staking, and a bribe market for rewarding applications

Clearpool x IxSwap

• @IxSwap and @ClearpoolFin have partnered to integrate tokenized RWAs with decentralized lending

• This collaboration combines IX Swap's experience in tokenization under regulatory frameworks with Clearpool's lending infrastructure, enhancing liquidity and usability of RWAs

• Through a Proof of Concept, users can purchase tokenized assets via IX Swap's platform and use them as collateral on Clearpool to secure loans

Stryke x Stable Jack

•@StableJack_xyz has partnered with @stryke_xyz, a decentralized options protocol, to enhance liquidity efficiency. This collaboration will introduce two new products for Stryke LP token holders:

• Yield Token: Offers fixed yield while retaining LP token exposure

• Volatility Token: Provides leveraged exposure to LP tokens, along with leveraged Sonic Points, Stable Jack Discount Tickets, and trading fees

Anchorage Digital on Aptos

• @Anchorage Digital has expanded its token custody services on the Aptos blockchain to include @BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) and @OndoFinance’s US Dollar Yield Token (USDY)

• Anchorage provides these services through its federally-chartered digital asset bank and its Porto self-custody wallet

Introducing IQ Agent Tokenization Platform

• @IQWIKI introduced its Agent Tokenization Platform (ATP), combining AI and blockchain to simplify DeFi and empower users to create and manage intelligent, autonomous agents

• ATP is a platform allowing users to transform AI models into tokenized agents. These agents are entities on the blockchain and are fully autonomous with the ability to own assets and perform on chain actions

• The ATP platform features:

⇢ Agent deployment allowing users to create agents for DeFi, content creation etc.

⇢ Sovereignty allowing agents to operate independently

⇢ Ability to analyze data and execute on-chain actions

• The protocol will be using the $IQ token and is used for governance and staking. The tokens also have a deflationary design and each agent will be paired with the IQ token

• Additionally, the team announced a partnership with @FraxFinance with the ATP protocol launching on the Fraxtal L2

Introducing Push Chain

• @pushprotocol introduced Push Chain, a shared-state L1 for universal applications. It acts as a universal hub and shared settlement layer for all L1s, L2s and L3s

• Push Chain is being built in phases with Phase 1 being for consumer centric apps, Phase 2 focusing on interoperability and finally Phase 3 which introduces shared state and universal smart contracts. It also supports AI infrastructure allowing for chain-agnostic, context-aware AI agents and democratized data marts

• The team also announced that Push Chain will have its own native token which is subject to a governance proposal. Once the proposal is approved, Push will introduce tokenomics for feedback and discussions among the community

Misc News

• @fraxfinance renamed their stablecoin from $FRAX to frxUSD and renamed Frax Shares ($FXS) to $FRAX

• @pendle_fi introduced PendleSwap, where users are able to select up to 3 coins and swap to any tokens with the best market rates

• @cosmos announced that @SkipProtocol will be joining the @interchain_io