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- 💣 What happens when a token stops inflation?
💣 What happens when a token stops inflation?
Trader Joe releases new DEX | Artichoke Finance and single-sided liquidity
A weekly recap of the largest crypto events and narratives, with an extra dose of insight.
Here’s what we have for you:
Trader Joe released new DEX
Synthetix stops inflation
Artichoke Finance and single-sided liquidity
Juno outpost powering DeFi automations
Redefining investments with Notum
GM frens. The market is currently taking a little breather after Bitcoin has gone up for 8 consecutive weeks. We can’t expect it to be up only, gotta be in it for some volatility.
Everything in the Cosmos Hub is pumping, including Osmosis, Sommelier, and Stars, which are respectively a DEX, a yield aggregator similar to Yearn, and an NFT exchange. I’m not sure if that trend continues, but it could be worth paying attention to for a small Cosmos season.
Trader Joe has released Merchant Moe, a purpose built DEX for Mantle. JOE holders will receive an airdrop of 2.5%. In other news, Synthetix is no longer an inflationary token as the protocol has decided to end SNX token inflation. Governance alpha is alpha.
-RektRadar
Liquidity powers DeFi
Artichoke is a liquidity provision platform built on Arbitrum. It allows users to provide single sided liquidity for any token on top of a number of DEXs. Users can utilise various single-sided liquidity strategies, including Uniswap’s inherent hedging, the straddle, and delta-zero.
Hopefully, users have learned from the past cycles the woes of LPing for a DEX, and perhaps single-sided liquidity is the way forward. In addition, tCHOKE, an innovative new mechanism, allows LPs to unlock instant liquidity by leveraging their locked positions as collateral.
Juno’s outpost that powers DeFi automations
Yieldmos is a non-custodial yield optimisation and asset management platform for the Cosmos ecosystem. I don’t know if you’ve been paying attention, but the Cosmos ecosystem has been absolutely ripping.
Yieldmos recently launched a Juno Network outpost, which enables users to interact with the best projects on Juno in one singular platform with a seamless experience. Users can set up custom strategies to perform specific actions. Talk about advanced yield generation!
Redefining investments with notum
Want a similar DeFi investment hub with trusted yields but for the EVM ecosystem? That’s where Notum comes in. Through the platform, users can one-click invest and monitor their entire portfolio.
They’re gearing up to launch an ambassador program, planning to expand the number of investment options to 2,000+ within the next weeks, and are planning to rollout a special incentive program where participants can earn special NFT badges.
HyperOracle integrates with Polygon CDK
HyperOracle, a programamble zk oracle protocol, has become the first oracle provider for Polygon’s CDK. Polygon CDK is a rollup stack, similar to OP stack chains and Arbitrum Orbit chains.
By integrating HyperOracle’s cutting-edge zkOracle with Polygon CDK, HyperOracle empowers developers to build applications we have not seen before in web3. smart contracts can now be powered by arbitrary compute and richer data sources.
Holograph’s Art Basel celebration
Art Basel just ended, but the festivities are still going on. One of the special events is this mint from Holograph. Holograph is a tokenisation platform with over 10M+ protocol transactions to date.
This mint is a collaboration with Superchief Gallery to celebrate Art Basel. And the coolest part? It’s multichain. You only got 2 more hours for this one, so this is a reminder to read our newsletter on time.
Flooz is a blockchain analytics platform that indexes the blockchain for you. With that, the platform is able to provide valuable onchain trading insights. We know how hard finding alpha is sometimes. You gotta track smart wallets, follow token flows, look at token distribution, bla bla.
Flooz makes life easy for you, with Token Insights, where real time alpha is delivered to you, and it’ll even tell you what other whales are buying. You can also track your portfolio using email, with real-time transaction and security notifications. On top of all that, Flooz has partnered with Mercuryo to provide zero fee crypto purchases.
One last fun thing that Flooz has launched is Token Teams, which allows token creators to supercharge their communities onchain.
Why did the flush happen?
1/14
So why a flush?
This chart right here really says it all, but let's break it down further.
— Adam Cochran (adamscochran.eth) (@adamscochran)
7:57 PM • Dec 11, 2023
What tokens recovered the fastest? A sign of strength for what to long.
Post-flush strong coins :
$INJ
$AVAX
$TIA
$OP
$IMX
$SNXSome of the usual suspects are in this list.
AVAX and TIA now definitely join my winner coin bucket consisting of [SOL, INJ, LINK, RUNE]
— VIKTOR (@thedefivillain)
11:43 AM • Dec 11, 2023
DePIN projects are going to be a huge narrative
The secret to the next 100x lies in real-world integration!
Decentralized Physical Infrastructure is crafted to do just that.
DePIN ecosystem and projects that can bring massive gains in 2024-2025 🧵⬇️
— AlΞx Wacy 🌐 (@wacy_time1)
4:05 PM • Dec 11, 2023
The intersection of AI and crypto, good ideas to farm
I am seeing early signs of AI×Crypto integrations on both the application and the infra levels
AI models are finding their way into crypto apps. These AI models need to run on decentralized infra to avoid censorship and manipulation
— Mohamed Fouda (@MohamedFFouda)
4:17 PM • Dec 11, 2023
Parcl launched a points program. Bonus if you own their NFT
Coming Soon: Parcl Points 🫵
Parcl's Points Program dashboard launches on Dec 15 at 21:00 UTC! 🌟
Earn Points for trading and LP'ing on #ParclV3, plus bonuses for HOA NFT holders 🏡
Ready to boost your trading game? Details 👇 #ParclPoints
— Parcl (@Parcl)
2:02 PM • Dec 12, 2023
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