Welcome to JK's "Weekly Alpha"
Hello, I'm JK. This is my third article published on Mirror.
Welcome to "Weekly Alpha," a new journey I'm embarking on here at Mirror.
Let's start with what "Alpha" means in this context. In the crypto world, "Alpha" represents the early stages of new projects and information that most people aren't yet aware of.
For me, Alpha signifies a relentless curiosity for new developments, a commitment to staying at the forefront of the industry's innovations, and the ability to take decisive action and participate actively.
"Weekly Alpha" will be your weekly source for the latest insights and discoveries. I'll be joined by some of my close friends (some of what I consider Crypto OGs) to discuss what's caught our attention each week and provide you with valuable insights on how to get involved.
Just as I encourage active participation in my "Cool Tools" section, I welcome your engagement here. Feel free to suggest topics, ask questions, and share your own findings from the world of crypto and Web3. Let's cultivate a vibrant community of Alpha enthusiasts.
You can connect with me on Twitter: @jk1024th
Thank you for joining me on this exciting journey, and be sure to stay tuned to my Mirror page to stay updated on the latest Alpha insights. Together, we'll navigate the ever-changing landscape of crypto and Web3.
https://mirror.xyz/jk1024.eth/subscribe
1
Adscendo Protocol aims to boost capital efficiency in crypto through aUSD, a secure stablecoin, and on-chain leveraged products empowerment. It offers leveraged ETH staking interest to its token holders.
Their testnet version has been launched, and currently, you can provide testnet feedback or participate in a limited-time Q&A in the Discord community to earn the OG role.
The next community Q&A session is scheduled for: 2 PM on September 11th (UTC)
2
Logarithm Finance is a decentralized liquidity management and market-making protocol built to achieve the highest available capital efficiency on the market by routing liquidity through various LPDs and hedging exposure to volatile assets.
They've come up with a new term, LPDfi - describes the projects using Uniswap V3 LP positions and building products on top of it, such as options or perps.
Their testnet version is about to launch. Currently, you can join their Discord and qualify for access to the test version by:
Completing Zealy quests, reaching 500 xp to earn the Zealy role, and achieving 1000 xp to earn the Nautilus (WL) role.
Engaging in discussions on their server and reaching level 10 to obtain the Nautilus (WL) role.
Participating in the upcoming community thread writing competition before September 15, 2023, to win either the OG or Nautilus (WL) role.
Alpha leak:
In the near future, you will be able to obtain the following NFTs by participating in activities.
3
Catalyst is the permissionless cross-chain Automated Market Maker (AMM) for the modular future. It enables easy liquidity connections and asset swaps between different blockchains, such as Ethereum, Cosmos, and rollups like Optimism and Eclipse.
They have recently launched "Catalyst Missions," allowing users and developers to experience the future workings of the Catalyst Protocol. Engage in various missions and tasks on the testnet to earn points.
Reminder: As Catalyst is the first AMM on Scroll, you can strategize and participate in the early stages of two projects simultaneously.
4
LayerZero is an omnichain interoperability protocol designed for lightweight message passing across chains. LayerZero provides authentic and guaranteed message delivery with configurable trustlessness.
Recently, they has released a free commemorative LayerZero Zorb NFT on Zora.
nft://7777777/0x09dD68c87020055a19733a6CcD7bfc7e7DfB3483/?showBuying=true&showMeta=true&size=small
5
C3 is built as a natively multi-chain platform, giving users the flexibility to trade and deposit assets from any blockchain using their preferred wallet.
They launched the testnet version this week, and users who previously registered and joined the waitlist will gradually receive qualification emails. By using the login information provided in these emails, they can access C3's testnet version.
6
**Tako Protocol **is building a open social recommendation layer.
They announce that they have successfully secured $2 million in their Pre-Seed Round, with investments from UOB Venture, DWFVentures, Mask Network, Signum Capital, ACCapital1, Smrti Lab, RSS3, Hashbrown Tech, and various angel investors.
Currently, if you are a Key Opinion Leader on social media, you can apply to use their product by filling out a form.
7
Collab Land is a platform that provided tools and services to facilitate collaboration and interaction within the Ethereum and blockchain community. It offered services like Discord bots and other tools to help manage and engage with online communities and decentralized autonomous organizations (DAOs).
Collab Land officially launched their governance program, and you can participate in governance by following the guidelines provided by the official team.
JK Spotlight will continue to monitor Collab Land's governance, and if you need delegation for voting, you can delegate to me: My Tally Profile.
8
Diva is an automated and trustless software that extends Ethereum with additional functionality for Stakers and Operators.
The Diva DAO represents its users via the Delegated DIVA token holders, who can exercise voting power.
They have two proposals scheduled for a vote soon:
DIP-02 introduces significant changes to the initial RFC and aims to implement a Total Value Locked (TVL) incentive for Early Stakers in the Diva protocol. The proposal outlines the eligibility criteria, custody of assets, and transferability of Enzyme vault shares. It also details the start of incentives, key dates, and the reduced duration of the Pre-Launch initiative to 6 months, with rewards based on a first-come, first-served principle.
DIP-03, curated by Moss, Ainsley To, and Mona El Isa representing Avantgarde Treasury, seeks to enable the transferability of DIVA tokens in the future, with the exact timing pending a final vote.
Alpha leak:
Currently, you can participate as their testnet node operator, although they have not claimed any incentives. Based on my practical experience, the actual required configuration in this stage is lower than what is stated in the documentation.
Therefore, the cost of the required cloud servers is approximately $100-150 per month.
9
Tornado Cash is an open source, non-custodial, fully decentralized cryptocurrency tumbler.
At its core, Tornado aims to provide users with a means to conduct transactions in a more discreet manner, safeguarding their identities and financial information.
This week, the official FBI website issued further charges against TornadoCash:
According to this article, Tornado Cash co-founders are facing charges of assisting criminals in money laundering, violating U.S. government sanctions, and operating an unlicensed financial service.
According to some Tornado Cash community members, it has been revealed that certain members within the community have also been affected by the regulatory turmoil. This may indeed be the most significant challenge that the decentralized crypto world has faced. 😞
10
Finally, I'd like to recommend the Dune tutorial written by Defi_Mochi. It's very concise and beginner-friendly.
You can start your learning journey by following the tweet below, and I believe it will be immensely helpful for analyzing data in future projects.
https://twitter.com/defi_mochi/status/1679135149164994560
Happy Weekend!
Remember to enjoy some outdoor time this weekend and connect with nature.
Now I reside in various countries. Welcome discussions about topics related to crypto nomadism. ❤ My Twitter: @jk1024th
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