Good Morning, GM Digest #128 Headlines - EmpyrealSDK’s API - Inception OG - Cosmos Inflation Rate Capped - New Ponzi in Town on Arbitrum - Rodeo 46% APR on USDC - TProtocol 4.9% APR backed by T-Bill - Misc News Read More Below 👇 ———————————— EmpyrealSDK’s API • @EmpyrealSDK is a platform that offers a development toolkit specifically designed to onboard traditional developers into the world of Web3 • Next week, they will be opening up the API access for EmpyrealSDK. The v1 release will include the following modules: Telegram Toolkit, Trading Features, Trade Adjustments, Data Streaming, and Wallet Management • The platform's native token, $EMP, operates on a revenue share model. Currently, the entire token supply is in circulation, but there is a possibility that the supply may increase in the future ———————————— Inception OG • @InceptionLRT is a Layer 2 liquid restaking protocol built on top of Eigen Layer • There is currently an opportunity for anyone interested to grab the OG role in Inception's Discord. By obtaining this role, you can become a part of the 'Beta Boundless Journey' testnet campaign, where you can earn points and climb the leaderboard • In order to become an OG, you need to complete couple of quests on @guildxyz ———————————— Cosmos Inflation Rate Capped • The Cosmos Hub community has voted to pass the proposal to set the $ATOM inflation rate at 10% from 14% bringing the APR down to 13.4% • The main reason for this proposal is the argument that Atom’s high inflation rate relative to other L1s is an overpayment for security • The proposal results came out to be very narrow where 41.1% of voters voted for and 31.9% against, with the remaining votes abstaining or vetoing the proposal. This proposal also had a high turnout rate of 72.6% ———————————— New Ponzi in Town on Arbitrum • @ShekelSwap is a new farm on Arbitrum with some pretty ponzi-degen mechanics designed to curb the emissions of $SHEKEL • Instead of emitting emissions, the farms emit oSHEKEL which is in the form of options token. The redemption fees will be used to 50% to Treasury, 25% to buyback & burn of $SHEKEL and 25% goes to single staking vaults of $SHEKEL • The current rewards from single staking $SHEKEL to gSHEKEL is 4.1k% APR — its $SHEKEL token is trading at $60k MC, 70%+ decline from its TGE price ———————————— Rodeo 46% APR on USDC • @Rodeo_Finance is offering 46% APR on its Lending USDC Pool — 23% is Real Yields APR while the rest is Liquidity Mining rewards • The current utilization rate is over 95% with TVL of $1.2m ———————————— TProtocol 4.9% APR T-Bill Yields • @TProtocol_ allows users to mint rUSTP by depositing USDC on Ethereum Mainnet • rUSTP will earn 4.9% APR in the form of rebases. Holding rUSTP will also accrue points for $TPS airdrop until its TGE. LPing rUSTP-USDC Univ3 Pool on mainnet will allow you to accrue points much faster ———————————— Misc News • @RocketXexchange’s API releases today. It helps with building multi-chain dapps • @cosmos proposal #848 passes. The max inflation of $ATOM will be reduced from 20% to 10% • @osmosis chain halts. Devs investigating possible cause • Indexed DAO, which was hacked for $16 million in 2021, survived two hijacking attempts in recent days by attackers who sought to access the protocol’s remaining treasury • @PacmanBlur denies Blast Ponzi — explains that ETH yield is generated from Lido & Stables from MakerDAO T-Bill yields ————————————

TProtocol recently unveiled its v2, introducing RWA Lending and also USTP, TProtocol's Native Stablecoin that's backed by STBT Key difference: STBT is Matrixdock's (offered to accredited investors) while USTP is composable in Defi onchain $TPS IDO To be Announced Soon... 4/60

‣ Stablecoin @TProtocol_ Offers STBT by working with @matrixdock (platform that connects accredited investors w/ RWAs) ⇢ STBT offers 5% yield generated from from U.S. Treasury securities and reverse repos. Interest is rebased to holders' balances everyday 3/60

Good Morning, GM Digest #91 Headlines - Market is Green - Unstable Protocol out of Stealth - Sendpicks Fantasy Sports - TProtocol Unveils $TPS Tokenomics - Introducing Cove Finance - YFI Tokenomics Revamp - Unibot New Snipers - Circle Launches New Beta Tools - LP on Uniswap vs Smilee - Misc News - Jeff’s Betting Shenanigan Read More Below 👇 ----------------------------- Market is Green • BTC & ETH have both climbed by 2.5% & 2.0% respectively to $29,200 & $1,590 off the back of Powell hinting the end of rate hikes • Federal Reserve Chair Jerome Powell said Thursday that soaring bond yields could help the Fed slow the economy, further cooling inflation and the possibly signaling the end of rate hikes ----------------------------- Unstable Protocol out of Stealth • @Unstable_money offers a CDP that accepts any LSD as collateral. This allows users to mint the over-collateralized, yield-earning stablecoin called $nUSD • To be able to onboard new collateral, they adopt an 'oracle-free' approach powered by zkSNARK validator balance proofs • $nUSD will be omnichain from day one, enabling LSDs on L1 to unlock liquidity on L2s ----------------------------- Sendpicks Fantasy Sports • @Sendpicks_io is an on-chain fantasy sports betting protocol • Users have the opportunity to place bets on individual players from major sports such as NBA, MLB, NFL, and football. They can predict whether these players will achieve specific statistics during the game or fall short • The native token $SEND offers its holders a share of the revenue, with 75% of platform fees and a 1% buy/sell tax allocated to them. Additionally, the token provides other utilities such as bonus payouts and various perks, and it can be used to place bets ----------------------------- TProtocol Unveils $TPS Tokenomics • @TProtocol_ is a RWA lending protocol that allows users to deposit USDC and earn real yield sourced from US Treasury Bills • $TPS will be the governance token used to reward users and LPs. It will adopt an escrow model, and will have max supply of 3.03 billion tokens out of which 40% will be allocated for liquidity incentives • To earn protocol rewards and participate in governance, you must lock $TPS tokens. Once locked, you will begin earning emissions in the form of $esTPS (escrowed), Multiplier Points, and $USTP rewards (the protocol's native stablecoin backed by Treasury Yield). You can then stake both $esTPS and multiplier points to earn the same rewards as the $TPS token. Basically the GMX token model if you are familiar with it • The $USTP rewards will be sourced from protocol trading fees, interest earned from USTP, and the Interest Rate Spread ----------------------------- Introducing Cove Finance • @cove_fi an automated yield optimizier built on @yearnfi V3 optimized by @gauntlet_xyz, and the Convex of Yearn • At start you will be able to deposit either $USDC or $ETH, select what strategies you want for your vault, and let it ride. It's a set-and-forget vaults as Cove automatically moves your assets where they earn the highest possible yield • However, Cove is also a governance blackhole for Yearn. It will have the $veYFI liquidity system and aims to perma-lock all $YFI tokens, playing a significant role in Yearn's gauge voting. Trading $YFI for $coveYFI will get you boosted rewards and a head start in their upcoming points system • If you join their Discord now you will get the OG role ----------------------------- YFI Tokenomics Revamp • @yearnfi introduced new tokenomics for veYFI. Users can now lock their $YFI from 1 week to 10 years and recveive veYFI (note that anything above 4 years doesn’t give more veYFI). Users who exit the lock early will have to pay a penalty which is redistributed to other veYFI holders • Users who stake in vaults earn rewards in the form of discounted YFI — dYFI. dYFI is an ERC20 token and users can either sell dYFI for ETH or convert to $YFI. ETH received from dYFI redemption is redirected to automated YFI buybacks handled by an immutable smart contract. • Users use veYFI to boost their APRs to maximise rewards. Similar to Curve, users can still earn yield without a ve lock but will only earn the base APR. The amount of dYFI rewards earned by stakers are determined by the boost. With the minimum boost, users get to keep 10% of the dYFI farmed while the other 90% goes to veYFI lockers ----------------------------- Unibot New Snipers • @TeamUnibot is now live with 2 new snipers • Token Sniper: → Auto-sell: Allows users to set their parameters for unlaunched tokens → Bundling: Bundles txns together so that snipes are with other users → Customizable Gas: Users determine the gas that they want to use to determine the speed of their txn → Anti-rug: Allow users to frontrun the liquidity getting pulled from LPs → First or fail option: Include your snipe in the Unibot bundle, but triggers only if we're first • Auto Sniper: It is a feature where tokens are automatically sniped when the amount of users sniping the token hits a threshold number. Auto sniper also uses the first or fail settings ----------------------------- Circle Launches New Beta Tools • @circle has launched 2 new beta tools for devs namely Gas Station and Smart Contract Platform • Gas Station removes gas fees when integrated with Circle’s programmable wallets. Developers can now sponsor gas fees for their users so that users can avoid the hassle of needing native tokens just to pay for gas • Smart Contract Platform allows smart contracts to be easily managed and deployed in consumer apps Chainlink Staking v0.2 Coming Soon • @chainlink announced that staking v0.2 is underway with a staking platform with a total pool size of 45m LINK • v0.2 introduces additional features: → An unbonding mechanism providing greater flexibility for stakers → Improved security guarantees for oracle services via stake slashing → Seamless future upgradability via a modular architecture → Dynamic rewards mechanism to support new reward sources in the future • Staking v0.2 involves a 3 step launch sequence. Firstly, stakers from v0.1 will have 1 week to migrate their v0.1 stake and accrued $LINK onto v0.2. Following this, there will be a 2 day period for other eligible LINK holders who meet the requirements are able to stake up to 15000 $LINK. Finally staking will be open to public where anyone can stake up to 15000 $LINK provided the 45m $LINK cap has not been filled ----------------------------- LP on Uniswap vs Smilee • DEX LPs are compensated with trading fees, directly monetizing DEX trading volumes and not implied volatility • What if LPs actually sold volatility? This is what @SmileeFinance enables. The data collected by the team includes the collection of historical daily ETH prices, one-week ETH implied volatility and historical daily data related to the ETH-USDC 0.05% Uniswap V3 pool. The dataset covers a time period of 358 days from June 8, 2022, to May 31, 2023 • The findings → Smilee's cumulative APR is 29%, selling volatility on Smilee guarantees a return that is slightly more than half the return of providing liquidity on Uniswap, while the associated impermanent loss is exactly half • Moreover, at high levels of utilization rate, selling volatility shows much higher returns with the same or lower level of risk, while at low utilization rate, Smilee provides lower returns than Uniswap, but with significantly less impermanent loss ----------------------------- Misc News • @ProtocolLiquid V3 released • @MLProtocol goes live • @MakerDAO revenues at ATH • @HyperliquidX lists $TIA-USD perps • @PrismaFi has integrated with the @LayerZero_Labs Omnichain Fungible Token (OFT) standard. Native mkUSD can now be transferred between @Arbitrum, @OptimismFND, @BuildOnBase, and @BNBChain • @Aptos_Network resolves network issues following five-hour outage • @zkLend mainnet is live on Starknet • @lightning announces their mainnet release of Taproot Assets and assets can now be issued on-chain ----------------------------- Jeff’s Betting Shenanigan • First-ever bet on @SX_Bet did not go well because BTC just kept on pumping. The second bet is instead placed on League of Legends: World Championship instead • Jeff is betting on Weibo Gaming in the G2 Esports vs Weibo Gaming. Weibo Gaming have come into Worlds 2023 with a bang as they destroyed NRG, LCS 2023 Summer Split champions • Jeff is expecting Weiwei (the Jungler) to bring his aggression again in the game with G2 Esports and set up the early game for Weibo • The bet is $300 at 1.57 Odds and $467 expected return. Can Jeff make some of his money back the previous loss? -----------------------------