Ian's Intel #23
MERRY CHRISTMAS. SOL to $100. The dog still has a hat.
This newsletter series is free for all readers.
What I like about reading newsletters and alpha aggregators is that you get to catch up on things that you do not have a pulse on in your day-to-day. One can only cover so much on their own, so it’s always great to look outside of your info bubble — I hope this newsletter does the same for you!
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Let’s dive in.
Airdrop Alpha of the Week
1. Parcl: Real Estate Index Perps on Solana — h/t 0xjaypeg
Backed by DragonFly & Coinbase Ventures
Earn points for depositing liquidity, trading positions, referring friends
Use my referral "iansintel" for a 5% boost in points
Owning a Homewners Association NFT grants 20% boost in points
2. Meteora: Dynamic Liquidity Protocol on Solana
Details
Team behind Jupiter Exchange (JUP)
Main product: DLMM, similar to Trader Joe's liquidity book model
10% of supply set aside for liquidity incentives
ALL liquidity will earn points at a rate of 1 point per $1 of TVL per day (active liquidity in range earn points on a multiplier)
Distribution rate of 1% per month
TGE to be confirmed, points accrue until launch
3. Manta Pacific: The first Ethereum L2 on Celestia
Deposit ETH or USDC to earn MANTA points until Jan 2024. For deeper insights and related alpha, check out this my telegram.
4. Jupiter Exchange (JUP) airdrop criteria & checker — link
New Listings
$WIF Listed on Hyperliquid
$MAV Listed on Hyperliquid
$WIF Listed on MEXC
$MUBI Listed on Kucoin
$NFP Introduced On Binance Launchpool
DeFi
Grass Raises $3.5 Million Seed Round to become the Oracle for Decentralized AI - use my referral link to get started
What You're Missing About dYdX v4: A 30-Page Deep Dive — Blockcrunch
Vitalik.eth transferred 500 $ETH($1.1M) to Coinbase Custody Wallet for charity
Celsius has sold $243M worth of ETH over the past 30 days
MarginX unveils v2 ALO at Taipei Blockchain Week
Kamino increases bSOL-SOL vault cap to $20m
Thread on Arthur Hayes' trades
Ethena Labs' sUSDe APY is at 33%
L1, L2, & Infrastructure
Friendtech teases v2
Binance Discontinued BUSD Support
Privy announces global wallets
Hyperliquid partners with Privy
Introducing: ₿itcoin on Phantom
Aztec partners with Resurgence Labs to create Ikigai, a private web3 version of Patreon
Regulatory & Legal
Montenegro's Reversal
US court approves order for Binance to pay $2.7 bln to CFTC
SEC communicates with Bitcoin ETF issuers to reiterate cash-only model. ETF analysts continue to expect a positive decision by Jan 8-10, 2024
Rugs & Exploits
NFT Trader
Flooring Protocol
Reads & Tools
Coinbase Crypto Market Outlook Report Summary —
9 things that excite us in Web3 in 2024 — The Spartan Group
Summary of what "cash only" means in the context of ETFs
GameFi 2023 Report — CoinGecko
p.s. we love
Below 15% of Advisors Discuss Crypto, Yet 50% Eye Crypto Funds — DACFP
If you’re read this far, I LOVE YOU. Merry Christmas!
Disclaimer
The content provided in this newsletter is for informational purposes only and does not constitute financial advice. The author and the newsletter are not responsible for any decisions made based on the information provided herein. The opinions, analyses, and information included are based on the author's perspective and while believed to be accurate, should not be relied upon without conducting your own research and due diligence. The author may or may not be invested in any of the projects or tokens mentioned in the newsletter.
Additionally, the views and opinions expressed in this blog are those of the author alone and do not reflect the views, policies, or positions of any organizations the author is affiliated with or contributes to. It is always advisable to consult with a qualified professional before making any financial decisions. All investments involve risks, including the potential loss of principal.