Trader Joe introduces Merchant Moe, a purpose-built DEX for @0xMantle.
Merchant Moe is an extension and franchise approach to expanding the innovative Liquidity Hub built by Trader Joe.
$JOE holders are welcome to join this journey, starting with an airdrop of 2.5% of the total $MOE supply on TGE and a further 5% to be distributed over the coming 12 months.
Follow @MerchantMoe_xyz for further announcements
1/ Introducing INIT Capital: Liquidity Hook Money Market 🌊🪝
Democratizing access to liquidity for users and protocols through Liquidity Hooks
Here is everything you need to know about INIT 🧵:
Congrats to @InitCapital_ on their launch 🔥
I'm personally very bullish on Liquidity hooks built on Money Markets as it open a new paradigm in composability for DeFi users
Liquidity Hook allow for complex strategies to be implemented with ease:
- Leverage staking
- Leverage farming on DEXes
- Margin Trading
- Delta hedging Pair Trading
- Flash Loans for complex yield farming strats
- Concentrated LP Tokens as collateral
Liquidity hooks allows @InitCapital_ to be the backend liquidity that protocols can build on to bootstrap growth and kickstart their revenue generation model
LPs from DEXes are also freed from being stagnant capital as they can be used as collateral for building composable yield loops
This allows for LPs to be used in a similar vein as GLP and for secondary protocols to build on.
An example of a possible loop for LSD LPs
-> Deposit $mETH - $USDY LP
-> Loan $USDC
-> Loop
Essentially if the DEX pools are incentivized, you will be getting 6 sources of yield:
-> $mETH yield
-> $USDY yield
-> LP Fees
-> $INIT rewards
-> LP Loan Fees
-> DEX padded LP incentives
This sets up an extremely composable environment that challenges the limit for yield stacking and maximizing returns.
TLDR:
Boolish $INIT
A new money market just dropped: @InitCapital_ . But this time with Liquidity Hook inspired by @Uniswap v4 Hook concept 🪝.
INIT’s Liquidity Hook x Uniswap v4 Hook = endless yield generation strategies 🤯.
DApps can now focus on building all kinds of DeFi strategies without having to worry about sourcing liquidity themselves, but instead using liquidity on INIT through Liquidity Hook.
2024 is the year of Dragons, but will also be the year of Hook.
Soon��� on @0xMantle
Based on a review of community feedback and sentiment, this proposal will be put to a vote as presented.
BIP-21: https://t.co/BIPn2QMkqn
A successful vote will trigger an immediate discussion concerning the design and conversion plan for the Mantle token.
[DISCUSSION] Mantle EcoFund
@0xMantle has posted a discussion proposing:
✅ Authorization to establish Mantle EcoFund 1 of a capital pool of $200M (catalyzed with a target size of $100M from BitDAO).
✅ Authorization of first capital call: $10M USDC from the #BitDAO Treasury.
Soft-proposal for $500M blockchain gaming acceleration DAO with @FortePlatform @BitDAO_Official @AlamedaResearch and Mirana
https://t.co/HqrbiYoG5p
Full doc here:
https://t.co/6i4qkieKeW