An Ape's Prologue Weekly (10 Mar)
An Ape's Prologue Weekly (10 Mar)
This Week’s Alpha
$GBTC discount narrows by 12% on positive news regarding Grayscale's Bitcoin Spot ETF after judges question SEC's arguments during an appeal hearing
Mt Gox's $3B repayment deadline was postponed by one month to October 31st
The Shangai Upgrade has been delayed until early April
Silvergate has announced it is shutting down operations and liquidating its holdings
Cosmos’ Replicated Security was approved, allowing chains to inherit Cosmos’ security in exchange for $ATOM tokens. The upgrade will be implemented on March 15th
Coinbase launched “Wallet as a Service”, allowing companies to easily onboard users to crypto
Lido v2 upgrade proposal passed, enabling withdrawals and introducing a staking router
Sushiswap ranks third in weekly protocol fees after hitting $1M in daily fees on Arbitrum
$MKR proposal to extend its US treasury bond investments to $1.25B is in discussions and could represent a significant source of additional protocol revenue if approved
The $DYDX proposal to reduce trading rewards by 45%, heavily backed by Wintermute, goes live today and is expected to pass with a majority
Rocket Pool's $rETH is now available as a collateral asset on Euler Finance
Voyager has won court approval for its acquisition by Binance US for $1B
Kraken plans to launch its own digital asset bank despite recent regulatory crackdowns
Celestia launched its incentivized testnet program on Tuesday
Uniswap released an early version of its mobile wallet during ETHDenver
Amazon NFT marketplace is set to launch on April on an EVM-compatible blockchain
Fantom Mainnet underwent an upgrade that included several technical improvements
The Graph added support for Fantom through the MIPs program
Voyager has liquidated assets throughout the week and currently holds $300M, excluding stablecoins
Sector Finance, a structured product DeFi protocol, is now live on Arbitrum
Garbi Protocol, a DEX for stablecoins on Arbitrum, released its v2 upgrade
Thena, a leading DEX on BNB Chain, integrated with OKX
Morphex, a perpetual futures trading exchange, launched on Fantom
White Whale announced interchain airdrops starting with an airdrop for $LUNA stakers
Next Week’s Alpha
$STG token migration is set for March 15th, burning Alameda’s token allocation and reducing the total supply by 10%
Ramses, an Arbitrum DEX, emissions are set to kickoff on March 15th, followed by the beginning of bribing and voting
$OP Goerli hardfork planned for early March
$FIL Virtual Machine is launching on March 14th
Shibarium Public Beta, $SHIB's official Layer 2 network, will launch this week
Aave’s $GHO and Curve’s $crvUSD are expected to launch soon
Tweets of the Week
Comprehensive breakdown of ERC-4337 by Zeneca
Real World Assets overview by 0xagarwal
In depth analysis of Uniswap’s LP algorithm by DeFi Devin