Weekly Alpha
Important DeFi News
$ARB launched today with an airdrop to 625k users, while DAOs receive 113M tokens, with $MAGIC and $GMX getting the largest allocation. Binance lists $ARB at 15:00 UTC for spot and, perpetual trading following after
Immutable partnered with Polygon to launch zkEVM designed for web3 games, improving tokenomics and rewarding $IMX stakers with 20% of gas fees
The Euler exploiter initiated contact for negotiation and returned $5.4M so far
Radiant V2 launched on Arbitrum, and plans BNB Chain launch
Goldentree unstaked all its $SUSHI and transferred to Binance after the SEC's subpoena
RocketPool's Atlas upgrade went live on Goerli testnet
PlutusDAO launched $plsARB, offering a supercharged version of $ARB
Neutra Finance, an Arbitrum Yield Farm protocol, introduced deflationary tokenomics
Chronos Finance introduced Maturity-Adjusted LPs, aligning LPs with protocol success
Timeswap launches today, introducing the first lending and borrowing market for $ARB
PlutusDAO partnered with Radiant Capital to provide higher yield for users on vaults
CamelotDEX announced a $1M incentive program to boost $ARB liquidity
Buffer Finance rolled out its Mainnet Upgrade with Multichart and UX improvements
Taiko ZK-EVM alpha-2 testnet launched with ZK-proofs and Protocol economics
Osmosis converted at least 10% of its cash treasury reserves to $BTC
Balancer launched on Gnosis Chain
Starknet alpha v0.11.0 went live on testnet, enhancing developer and user experience
BeraDEX, a Berachain DEX, went live on testnet
Perpetual Protocol’s Hot Tub vaults, a delta neutral arbitrage strategy, are now live
Dfyn V2 Beta Mainnet, an on-chain limit order DEX, is now live
AnonZK, a multi-chain privacy protocol, launched on Arbitrum
$LINK faucet went live on Base Goerli testnet
Governance Proposals
50% reduction in liquidity mining rewards proposed by Gearbox
SushiDAO proposes a $3M legal defense fund for Sushi and Head Chef Jared Grey
RookDAO proposes to double $ROOK holdings using treasury $5.1M of treasury $ETH
ReflexerDAO aims to broaden revenue sources through liquid staking services
Aave suggests disabling V2 borrowing to promote V3 migration and sunset V1
1inchDAO proposes to invest $1M in $dsETH, an Index Coop's LSD product
IoTeX community votes in favor of supporting $ETH Liquid Staking Derivatives
Render Network proposes Solana migration
Next Week’s Alpha
Polygon zkEVM launches on March 27th
Optimism to launch Bedrock upgrade for Optimism
SEI network Mainnet is launching soon
Thena, a leading BNB DEX, will introduce supercharged concentrated liquidity
Premia v3, which will introduce concentrated liquidity, limit orders, margin trading, as well as a more user-friendly platform, is expected to launch soon
Yama Finance, a decentralized omnichain stablecoin, will launch soon on Arbitrum
AnonZK will launch Visa Off-ramp
Betswirl, a gambling protocol, has an incoming important partnership coming soon
GMX Synthetics are expected to launch soon, allowing the listing of new assets
$GHO and $crvUSD stablecoins are launching soon
PancakeSwap V3 on BNB Chain expected to launch 1st week of April, and features an exclusive NFT and token airdrop
Secret network to upgrade to SNIP-20, patching on-chain vulnerabilities
$YGG will unlock 1.7% (185.13M $YGG) on 27 March
Noble Chain, built on Cosmos, will go live on March 27 with an airdrop of $FRNZ tokens to eligible wallets
News
Do Kwon was reportedly arrested in Montenegro
UAE Central Bank launched its CDBC strategy
The Avalanche C chain halted due to block producing failure issues
Osmosis converted at least 10% of its cash treasury reserves to $BTC
Coinbase received a SEC Wells notice focusing on staking and asset listings
SEC claimed $TRX and $BTT are unregistered securities, and sued Justin Sun for market manipulation and fraud
Solana Mobile Stack is available in the Solana Unity SDK for mobile game development
Magic Eden began supporting Bitcoin Ordinals Inscriptions
Binance removed no-fee trading for all $BTC pairs, except BTC/TUSD
Tweets of the Week
Framework for valuing rollups based on sequencer margin by 0xHamz
Euler exploit breakdown by An Ape's Prologue
Arbitrum airdrop overview by Delphi Digital
Macro views and predictions by rektdiomedes