Daily Notes 17-01-2023
Developments
AltLayer Added to Binance Launchpool, Announces Airdrop
AltLayer (ALT) has been added to the Binance Launchpool. AltLayer is also airdropping an unknown percentage of the token supply to OG Badge NFT holder, Qualified EigenLayer restakers and Celestia stakers, Oh Ottie! NFT holders and qualified participants of Altitude campaigns.
Blast Testnet Launches with Developer Competition "Blast BIG BANG"
Blast Testnet goes live. With it, Blast is also launching the “Blast BIG BANG” competition where developers will present their products to a panel made up of Blast staff and investors.
Blast Partners with Pyth Network for Oracle Services
Blast partners with Pyth network, an oracle network.
Monad Teases Upcoming Launch of Internal Testnet
Monad teases that an internal testnet will be going live soon.
Monad Announces Day-One Partnership with LayerZero for Asset Transfers
Monad will be partnering with LayerZero from day one for asset transfers and connections to 50+ chains.
Canto to Reduce Liquidity Mining Incentives and Security Emissions by 10%
Canto to reduce liquidity mining incentives and security emissions by 10%.
ThorChain Proposes RUNEVault 2.0 for Co-Investment in POLs
ThorChain has proposed to add RUNEVault 2.0 which would allow users to “stake” RUNE (*losses may be incurred) through which they co-invest in all POL’s to then earn rewards in RUNE based on the performance of all pools.
BNB Chain Executes Burn of 2.14 Million BNB
BNB Chain burns 2.14 million BNB (~$663 million).
Genesis Approved as Virtual Asset Services Provider in France
Genesis was approved as a virtual asset services provider by France’s financial regulators.
NAVI Protocol Acquires Liquid Staking Platform Volo
NAVI protocol, a liquidity market protocol on Sui chain, has acquired liquid staking platform Volo.
Ethereum Dencun Upgrade Successfully Launched on Goereli Testnet
Ethereum Dencun upgrade launched successfully on Goereli testnet after failing to finalise initially.
Trending Assets
Below $100M MC by performance, on chain
GFY, up 74.60%, performed well today.
Above $100M MC by performance, on chain
MPL is up 8.19% and ID is up 7.26%.
Above $1B MC by performance, on chain
RNDR, up 9.05%, had a good day. LINK is up 3.87%.
Trading Volumes
LINK, FLC, crvUSD, BEAM and MUBI dominated on-chain volumes
TVL
TVL Above $10M
Over the past day:
Renzo, native restaking on Ethereum, TVL grew by 80.70%.
Kinetix Derivatives, derivatives on Kava, TVL grew by 47.43%.
Thala CDP, lending and borrowing on Aptos, TVL grew by 37.06%.
Fees
Venus core pool fees earned are up 668%, GMX V2 fees are up 43.70%. Bitcoin fees earned are down -47.87%.
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