Ian's Intel #35
Aptos April
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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
1. New day, new farm: Zircuit
Zircuit is a modular zk rollup with AI-enabled security at the sequencer level
Stakers earn:
Staking APR + Restaking APR + Eigenlayer Points + LRT points + Zircuit Points
Raised $18m from Pantera, Dragonfly, Maelstrom
Audited by OtterSec
Referral Link: https://stake.zircuit.com/?ref=utsw1x
2. Kamino (KMNO) OG Announcement
50M $KMNO, 0.5% of total supply, allocated to OGs (tiered)
Total community allocation increased from 7% to 7.5%
Expected allocation results in April
Season 1 participants will receive a Loyalty Boost in Season 2
3. Aptos April
Aries Markets
Lending: 1 point per $1 daily (min. $100)
Borrowing: 3 points per $1 daily
Get extra 10% points when you use my referral link:
Aptos Bridge
https://theaptosbridge.com/bridge
New Listings
$SLERF listed on MEXC, Bitget, HTX (Huobi), Bybit
$AKT (Akash Network) listed on Coinbase
$RONIN listed on Coinbase
DeFi
$ETHFI is claimable
The Solana Memecoin project Slerf claimed that all LP and airdrop tokens were burned due to careless operation
Stake $MNT for Ethena Shards?
Canto announces Cyclone Stack, a Parallel Execution EVM
Justin Sun announces all trading revenue from SLERF will be allocated to SLERF presale participants
Jupiter will donate current and ongoing SLERF limit order & DCA fees to SLERF presale participants — weremeow
Polyhedra Network (ZK) Airdrop page is live
Velodata launches Trading terminal. Currently supports Bybit Futures
Hydro Protocol airdrop for INJ stakers
Aave announce new airdrop program — Blockworks
Ronin: The Gaming Chain — Jihoz
pSTAKE Thesis: BNB Liquid Staking can be as big as ETH
Succinct raises $55m in seed and series A funding led by Paradigm — TheBlockPro
Espresso Systems has raised a $28 million Series B round led by a16z
Frax proposes fee switch be turned back on, with 50% of yield going to ve FXS and 50% to buy back FXS and other frax assets: governance proposal — TheBlockPro
Timeswap Update: Token Soon?
L1, L2, & Infrastructure
Light: a new approach to tackle EVM UX fragmentation — shunkakinoki
Dolomite raises $900k strategic investment round
OP Mainnet tests 'fault proofs' in bid to strengthen network security — TheBlock
Coinbase has been chosen as a key infrastructure provider for the BlackRock and Securitize Tokenized Investment Fund
Avalanche Foundation announces Memecoin Rush, a liquidity mining incentive program designed to help scale liquidity and drive momentum for the community coin ecosystem on Avalanche
What is Morph? — 100y_eth
Bitcoin/Ethereum ETF
Bitcoin ETFs with -154.3m flows on March 18, 2024
World’s largest pension fund ($1.5T) explores diversifying into Bitcoin — CoinTelegraph
Bitcoin ETFs with -326.2m flows on March 19, 2024
SEC delays making a decision on the Hashdex and Ark 21Shares Ethereum ETFs to May 24, 2024 — TheBlock
SEC delays Vaneck Spot Ethereum ETF Decision - TheBlockPro
Bitcoin ETFs with -261.5m flows on March 20, 2024
Bitcoin ETFs with -94m net flows on March 21, 2024
Coinbase to launch Bitcoin Fund according to filings with SEC
Bitcoin ETFs with -51.6m net flows on March 22, 2024
Rugs & Exploits
TON Blockchain X/Twitter account is currently compromised
Paraswap has discovered a critical vulnerability affecting users who approved the Augustus V6 contract
Dolomite's old contracts from 2019 on Ethereum Mainnet were exploited
SSS Exploited for $4M
Cointelegraph Twitter handle hacked
Reads & Tools
Blockworks Research 2.0
Gm Zach, the ChainLinkGod
More than 655k SOL has been sent to various presales on Solana — zachxbt
$BTC — CryptoCred
MicroStrategy Completes $603.75 Million Offering of Convertible Notes at 0.875% Coupon and 40% Conversion Premium
BlackRock Creates Fund With Securitize, a Big Player in Real-World Asset Tokenization — CoinDesk
Ethereum Foundation Under Investigation by 'State Authority' — CoinDesk
Ramifications of the MemeCoin Frenzy on Solana — tomwanhh
Do Kwon to be released on house arrest by Montenegrian Courd order
The Memecoin Supercycle
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.