Ian's Intel #34
SOLANA'S BIRTHDAY WEEK
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Let’s dive in.
Airdrop Alpha
1. Blackwing: flagship dApp on Initia, enabling liquidation-free trading
Raised $4.5m in a round led by Hashed & Gumi Cryptos.
Deposit any amount of USDC and supported LSTs to start earning BXP points.
Consider using my referral link: blackwing.fi/2usQ4g
2. Backpack Exchange is now available to residents of the United Kingdom — Link
Reminder that the first snapshot is on March 18.
Sign up now: https://backpack.exchange/refer/ian
3. Ethena Shards emissions end on April 1st — Ethena Labs
Shard Moon Maths by 0xRamen | Ouroboros' Narratives Highlights
We are at 137b shards at present
Roughly +8b shards / day (including boosts and bonuses)
Extrapolating this, shard supply should be ~311b on 1 Apr'24 (assuming this is not a cruel April fool's joke)
At $2b FDV and 5% airdrop, each shard should be worth around $0.00032
Referral link to farm Shards: app.ethena.fi/join/ebqa4
Ethena Shards on Whales Market:
4. Tensor announces $TNSR
Farming Tips
Earn points by bidding, listing, or market making (like LPing on an AMM) on Tensor
Boost your points by 5% if you use my referral code.
Stake a Tensorian to earn further boosts + a share of 20% all points earned each week on the platform.
New Listings
$METIS listed on Binance
DeFi
Insilico Terminal partners with Vertex Protocol
Avon Ventures has completed their investment into Ethena Labs
Binance announce ether.fi (ETHFI) on Binance Launchpool — Binance
Uniswap gasless limit orders live
Zeta Markets announce roadmap, $Z token and airdrop
AEVO Airdrop Claim is Live
Vega creates derivatives market for crypto points, starting with EigenLayer - The Block
Swell announces L2 for Restaking, powered by Polygon CDK, EigenDA, and Alt Layer
dogwifhat on Sphere fully funded — blknoiz06
Elon Musk says Tesla will enable $DOGE payments
Persistence One partners with Babylon to bring $BTC into its LST and Restaking ecosystem
PolyhedraZK (ZK) closes $20m round led by Polychain at $1b valuation — CoinDesk
Jupiter (JUP) launches Value-Average feature
EigenLayer Mainnet: The Journey Begins
Hyperliquid L1 will not just be for perps — @chameleon_jeff
Parallel (PRIME) to launch their AI-powered game, Colony, on Solana
Artemis Bridge Inflows Dashboard
Ronin Network offboards Zoids and Bowled.io
Ethena partners with Layer Zero and Axelar Network to bring USDe and sUSDe omnichain
Ether.Fi airdrop will be live on March 18, 2024
L1, L2, & Infrastructure
MapleStory Universe to launch on Avalanche. Nexon will build its own subnet via AvaCloud
Monad - The End Game of Blockchain Infrastructure
Polyhedra Network (ZK) to launch on OKX Jumpstart. Mining commences at 6:00AM UTC on March 15, 2024 until March 19, 2024
Aptos announces collaboration with Movement Labs to natively onboard EVM protocols
Ethereum Blobs Dashboard — hildobby
Bitcoin ETF
Bitcoin ETFs with $505.6m net inflows March 11, 2024 — Farside
Grayscale files S-1 form to launch ‘mini’ GBTC spin-off for investors - The Block
$1 Billion inflows from BTC ETFs on March 12, 2024 — Farside
Bitcoin ETFs with $683.7m net inflows March 13, 2024
Bitcoin ETFs with $132.7m net inflows on March 14, 2024
Bitcoin ETFs with 198.8m total inflows on March 15, 2024
Rules & Regulations
LSE to accept applications for Bitcoin, Ethereum ETN admission: BBG
Tether assists the United States Department of Justice and FBI, in their seizure of approximately $1.4 million worth of Tether (USDT) tokens from a tech support scam network
Rugs & Exploits
A suspicious private key leak of Polyhedra Network was reported, resulting in a $700K loss: BlockSec
NetMind (NMT) exploited
Milady Treasury Drained of 110 NFTs — punk9059
Reads & Tools
Microstrategy acquired 12,000 Bitcoins for $821.7M in cash
TEE Coprocessors Deepdive — by tumilett
BTC is an inflation hedge
How many trojan horses can we launch? — by DegenSpartan
From Fragmentation to Fusion: The Path Towards Hybrid DEX Models — 0xFA2
Grab Singapore crypto on-ramp option via Triple A — ahboyash
Post-Dump Winners & Losers
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.