• Check eligibility for $EDGE - app.definitive.fi/claim
• Eligibility criteria - S1 points holders/pre-points traders/early yield users on Definitive platform, top active traders from Jupiter, Hyperliquid, Odos, and others
• Check eligibility for $STO - airdrop.stakestone.io
• Eligibility criteria - Genesis NFT holders, participants in any StakeStone campaign, BTC ecosystem early supporters who deposit more than 1 ETH, users that deposited >1 ETH in Manta New Paradigm and participated in at least one other campaign, cSTONE early supporters
Espresso protocol teased their upcoming NFT project - The Composables
More details about claims, mint, NFT rarity, and other information will be shared at the end of April
Mint is expected in May
• A decentralized protocol that issues USR, a stablecoin pegged to the USD and backed by ETH (similar to MakerDao)
• $650M current TVL
• Token CONFIRMED 👀, more on this in the thread
👇 Let's learn more:
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What is Resolv ❓
Resolv is a protocol that issues USR, which is a stablecoin that uses a delta-neutral strategy with perp futures to maintain price stability
Its dual-token system uses the RLP as an insurance layer to keep USR overcollateralized and secure
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💵 Financials & Investors
There is no public information about the funding currently
Although there is no funding information, Resolv had significant growth, with its stablecoin, USR, getting a substantial increase in MC - from $13M on December 1st, to $650M currently
• A blockchain analytics platform that provides insights into on-chain data (similar to Dune Analytics)
• $750M valuation in last funding round
• Point campaign ongoing 👀, more on this in the thread
👇 Let's start:
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What is Nansen ❓
Nansen is a blockchain analytics platform that focuses on analyzing blockchain transactions, wallets, and addresses
Nansen helps crypto investors, researchers, and traders by providing real-time blockchain data and sophisticated analytics tools
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💵 Financials & Investors
Raised a total of $88.2M over 3 funding rounds
Investors include Mechanism Capital (lead), Accel (lead), Coinbase Ventures, Fabric Ventures, Robot Ventures, as well as angel investors, such as Andreessen Horowitz (a16z), Aleksander Larsen, & others
• A DeFi platform designed to make AI more accessible and equitable (somewhat similar to Ocean Protocol)
• Backed by Binance Labs & Polychain Capital
• Rewards CONFIRMED 👀, more on this in the thread
👇 Let's start:
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What is Sahara Labs ❓
Sahara is a platform that enables individuals & businesses to create, share, and monetize AI models, datasets, and applications
By leveraging blockchain tech, Sahara ensures transparency, security, and fair compensation for contributors
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💵 Financials & Investors
Raised a total of $43M over 2 funding rounds
Investors include Polychain Capital (lead), Pantera Capital (lead), Binance Labs, Sequoia Capital, Mirana Ventures, and others
• Ecosystem-Owned Liquidity L1 blockchain (comparable to Celestia)
• Testnet earning tasks are currently active
• Token CONFIRMED 👀, more on this in the thread
👇 Interact for the upcoming airdrop:
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⏪ Mitosis Recap
In case you've missed it, we've previously published a thread on strategies to earn Mitosis points
In this thread we will be focusing on the testnet tasks, but before that we will cover some fundamental information
• A DeFi protocol that offers a yield-generating, BTC-backed stablecoin (similar to MakerDAO)
• Backed by Polychain Capital
• Airdrop incentives CONFIRMED 👀, more on this in the thread
👇 Let's dive into Yala Finance:
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What is Yala ❓
Yala Finance, with its' modular infrastructure, lets users borrow stablecoins ($YU) by depositing BTC/UTXO assets as over-collateralized loans
Key objectives: stability in value, meta yield generation, Bitcoin integration, and enhanced DeFi liquidity
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💵 Financials & Investors
Raised a total of $8M in their Seed Round
Investors: Polychain Capital (lead), Ethereal Ventures (lead), Hashkey Capital, Galaxy, and others
Still in early stages, so there's potential for additional funding rounds