Ian's Intel
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Stay ahead with crypto news & alpha.

Disclosures: https://x.com/iansintel/bio
πŸ“© https://t.iss.one/+AB-NidhT4GFiOGE1

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Nothing shared in this channel is to be taken as financial advice
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Phantom teases Bitcoin-related announcement.
​​What You're Missing About dYdX v4: A 30-Page Deep Dive β€” Blockcrunch
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Ian's Intel
Ian's Intel Improvement Poll #1

How are we liking the buttons for links to sources & tweets (last three posts)?
Despite what the vote says, consensus in DMs and other chats is that we prefer the old post format without the buttons.

Ian's Intel will return to the old format after this, thanks for your feedback! 🫑
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Celsius has sold $243M worth of ETH over the past 30 days. They still have $3.94B in digital assets remaining, with 84% of that in BTC and ETH β€” apes_prologue
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Grass completes $3.5M seed round, led by Polychain Capital & Tribe Capital. Grass has now raised a total of $8M over the past year.

- Users can earn points for sharing unused network resources.
- Use my referral link to get started*

*advised to use a fresh browser profile. always good opsec to not install other extensions in the same profile as your wallets.
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MarginX unveils v2 ALO at Taipei Blockchain Week

via: x
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Forwarded from Bread & Butter Daily
20/12/2023

Todays Events:

β€’ $FXS Halving
β€’ $DIO Closed Alpha
β€’ $MATIC RWA Announcement
β€’ $ONIT Onbuff Announcement
β€’ $BETA To Launch On BNB Chain
β€’ $STRAX Token Swap Announcement

News and Narratives:

β€’ $FRAME Airdrop Claim Is Live
β€’ $MINA Teaser With "Coming Soon"
β€’ $UNIBOT Partnered With Stargate Finance
β€’ Friendtech Announced V2 Set To Launch In Spring 2024
β€’ $LSK - Lisk Announced Migration From L1 To L2 In Q2 2024
β€’ $LUNA - Montenegro Court Canceled Extradition Approval For Do Kwon
β€’ $FTT - FTX Debtors And FTX Digital Markets (Bahamas) Announce Global Settlement

Listings:

β€’ $SPURS Listed On Upbit
β€’ $MEME Has Been Listed On Paribu
β€’ $DATA Has Been Listed On Bybit Futures
β€’ $NFP Introduced On Binance Launchpool
Hyperliquid lists Maverick Protocol (MAV) with up to 5x leverage β€” Link
#AirdropAlpha
Manta Pacific: The first Ethereum L2 on Celestia

- Deposit ETH or USDC to earn MANTA points until Jan 2024

Invite Codes
- ZJZUR
- NXHIV
- W2QFG
- G58QS
- J9KVK
- 7CHAB
- TSKH2
- IN6BK

DYOR Links
- X
- Website
Kamino increases bSOL-SOL vault cap to $20m

via: X
Twtter/X is broken
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SOL $94 $95
SOL Spot bid let by Coinbase β€” velodata
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Speaking of Velodata...

They've just acquired Zoomer News
β€” Source
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⚠️ Manifold Trading founder Jae has been simswapped, avoid clicking on any links from his and the Manifold Trading account.
Kucoin lists Multibit (MUBI), deposits are live and trading begins at 9:00 UTC on December 22, 2023 β€” Kucoin
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Thread on Arthur Hayes' trades β€” Lookonchain
#AirdropAlpha

Manta Pacific is an Ethereum L2. To secure TVL for their new chain launching in January, they're doing a campaign for users to deposit (bridge) ETH or USDC into their L2 (Remember Blast L2?)

This then gets converted into:
- STONE: ETH LST, underlying is 100% staked with Lido as of time of writing (Stone Docs)
- wUSDM: wrapped USD, underlying is USDC deployed into various DeFi strats (USDM Docs)

Note that deposits via the Manta bridge can't be withdrawn until Februrary 2024. You can however circumvent this by swapping your converted assets e.g. STONE for ETH on quickswap β€” you'll eat some spread.

So how are you earning from this?
- you earn yield on your ETH or USDC via underlying yield strategies (min. deposit of 0.25E per wallet)
- you earn Boxes which give you MANTA tokens, either by bridging more ETH/USDC or referring friends
- you can use your STONE or USDM to earn more yield on Manta L2 itself (LP, lending, perps)
- if you farm on the L2 and use protocols you also qualify for their airdrops

From the article:
Phase 1:
Users bridge and deposit ETH or USDC to earn yield and Manta Box Pieces. The deposit period is open until January 2024.

Phase 2 (I don't quite understand this part):
You can receive STONE and wUSDM within 24 hours to farm within Manta Pacific L2. You can claim MANTA token rewards with NFTs until January 2024 before the deposit ends.

Phase 3:
After 69 days of MANTA token rewards distributed, you can withdraw ETH and USDC back from STONE and wUSDM back from STONE and wUSDM.

Referral Code β€” https://newparadigm.manta.network?inviteCode=SYZWQ

*will share some advanced strats once we reach the next team goal for Ian's Intel (use my ref link to help us reach the goal!)
**nfa, dyor
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