Daily Alpha and Summary. 8, August, 2023.
Daily Alpha and Summary. 8, August, 2023.
Defi
Borrow one asset and convert it to another asset in the same txn. Repay your debit using collateral for easy unwind of borrow position. A new feature of Dolomite.
Changes to Ethos reserve collateral ratio, aims to reduce liquidation risk and improve UI
#RLB had noice pumps. Due to this announcement. New improved RLB tokenomics — Buy and Burn
FTM defi experiencing some activity downtime. Popular Spirit Swap is calling it quits
DWF labs 7figure investment in Coin98
Elastic yield farm launch on KyberSwap
Defi data tool @Artemis_xyz now shows data of Linea
Improved friendly UX, mobile focused as they aim to bring defi to the world. Imajin fingerprint to create a wallet. Imajin
#PLS bullish announcement. 53% of supply now locked, etc
Paypal stablecoin strategy
Base onchain Summer is live with 100+ dapps already live
Popular digital artists CozomoMedici and deekaymotion launch an open edition art collection on Base. It’s called "New Era," it’s the first open-edition on #BASE. Goes on to raise 715 ETH ($1.32M) from 71,496 mints.
Risc Zero is another zk protocol I have keen eyes on. They offer 3 major services Risc Zero zkVM, Bonsai, Risc Zero Proof System. Risc Zero zkVM is a tool for building zk dapps and generate proofs. Bonsai a parallel programmable service allowing any onchain dapp to generate zk proofs at cheap costs. Proof System is a set of cryptographic techniques underlying the zkVM
This week Risc Zero posted and verified their first zk proof on Sepolia
More easier explanation of Risc Zero
Yield farming opportunities for the month
State of the market
Crypto Daily News
Ze end