Daily Alpha and Summary. September 23, 2024

DeFi

Eigen to be transferable from Sept 30

Celestia announce $100M raise. However, in detail, sources say it’s an OTC deal at $3.5B FDV

Polymarket considering raising $50M ahead of token launch

Optimism Gov approves Base request for 3M OP grant (~$5M)

Treasure DAO officially migrates to zksync, launching Treasure L2 on ZK stack

Gnosis pay hits $500k in weekly spending for first time

Aave v3 is now live on zksync

TraderJoe rebrands to Let’s F***ing Joe

State of the Market

China Central Bank to allow Institutions to tap People's Bank of China (PBOC) Funds to buy Stocks. As they try to revive their flagging economy, lower borrowing costs and allow banks to increase their lending