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What our analysts are rambling about 🔍
Off-chain transfer of on-chain assets
Phonon is an open-source, payments protocol that leverages silicon-based hardware elements to sign and process transactions, allowing off-chain transfer of digital assets and currencies. Users can purchase Phonon Testnet Kit from their development partner GridPlus, and complete a series of tasks to earn up to 50,000 PHONON, or even more.
To read more, you can check our their Medium article here.
If you're still not over Arbitrum season, there's still some cool stuff to check out such as Umami Finance!
The platform offers risk-hedged yield using variety of strategy vaults. Their first vault for USDC is currently offering an estimated 15- 20% APY, using a combination of products from GMX and Tracer DAO.
Dust Labs by DeGods recently launched a Scholarship tool, which will allow NFT projects to curate their commuinities. Applicants can apply through y00ts to be put up for consideration for any upcoming mints. Projects on the other hand will be able to vet applicants to curate an allowlist.
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Dillon is an Operations Associate at CoinGecko with a weakness for 3-digit APYs. As an ex-consultant, he now finds joy in laughing at consulting memes unironically.