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What our analysts are rambling about 🔍
NFTPerp
Fancy trading NFTs without actually owning them? You will soon get the opportunity to do using NFTPerp, a decentralized perpetuals platform on Arbitrum that allows traders to go long or short on NFT floor prices. The protocol uses the virtual AMM model developed by Perpetual Protocol, allowing users to trade with up to 5x leverage.
To know more, you can check out their documentation or just hop into their Discord channel!
Earning while you sleep
Pillow Fund is another digital asset management app where users can take assets such as BTC, ETH, or USDC to earn some returns. Currently, users can earn up to 10.42% returns on their stable-coins, 6.02% returns on BTC and 6.03% returns on ETH. Returns are generated by reinvesting the users’ crypto into the 'best blue-chip DeFi protocols', and all assets are stored with their custody partner, BitGo.
Pillow Fund also recently raised a $18M Series A with big names such as Jump Capital, Accel and Elevation Capital in the mix.
Party in the Arctic
Arctic Trade, a Discretized Liquidity AMM or DLAMM (AKA Uniswap V3), recently launched on Aurora. Users can participate in their launch campaign and earn themselves some exclusive NFTs, whitelists for future Arctic token airdrops, and immediate Cash Rewards.
Read more about Arctic's Launch Party and how you can participate here.
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