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![Defi0xJeff Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1460252469745782790.png) 0xJeff [@Defi0xJeff](/creator/twitter/Defi0xJeff) on x 71.1K followers
Created: 2023-09-03 05:14:04 UTC

Good Morning, GM Digest #44

Headlines
- Velodrome x Optimism
- Lendle Token is Live
- OTC Scams Running Rampant
- Stader ETHx Auto-Compounding
- UNIBOT Continuous Dump
- Gearbox Protocol New Leveraged Farms
- Vitalik Dumps XXX MKR after NewChain Announcement

Read More Below 👇

------------------------------

Velodrome x Optimism

• Velodrome has recently received XXXX million OP to support the Optimism ecosystem, fulfilling three key objectives — Expanding the Optimistic Vision, Increasing Governance Participation, Enabling Ecosystem Growth

•  Expanding the Optimistic Vision → Referrals Incentives (Bridge projects not on OP with Velodrome) & Proposal Incentives (Proposal that result in new projects’ deployment on OP)

• Governance Participation & Enabling Ecosystem Growth → OP Gov NFTs (To veVELO) & Tour de OP incentives program

------------------------------

Lendle Token is Live

• Lendle’s $LEND is live. The public liquidity round was only ~$170k filled out of $500k that Lendle was trying to raise

• $LEND price has fallen below its private sale price of $XXXXX (6 months linear vesting) due to the overall market condition and the lack of marketing / hype around @0xMantle

• @Lendlexyz is #1 Money Market and the First Project that launched its token on Mantle

------------------------------

OTC Scam

• OTC Scams are running rampant lately with gBOT, LINQ, HMX teams, and whales getting impacted by the scams

• The scams utilize social engineering to trick escrow parties into thinking they have received the payment tokens (ETH, Stables). Scammers proceed to market dump tokens, causing huge sell-offs on the chart

• Full Detailed Thread:

------------------------------

Stader ETHx Auto-Compounding

• @staderlabs ETHx leverages the power of compound interest through frequent reinvesting (no gas fees needed). Stader also accumulates MEV rewards on top to maximize the compound effect

• Since ETHx launch (a month ago), ETHx has accumulated over 17k ETH ($28m), offering ~4% in Staking Rewards

------------------------------

UNIBOT Dump

• $UNIBOT tumbled all the way to $XX earlier today before recovering slightly

• There has been news pushed by KOLs of $XX floor price target floating around CT. The dump of $UNIBOT could also be from the competition (@MaestroBots & @BananaGunBot) and Banana is positioned to launch its token “soon”

------------------------------

GearboxProtocol New Leveraged Farms

• @GearboxProtocol will be adding X new Curve v2 strategies- Tricrypto, LDO/ETH, CVX/ETH and TriCRV and users can now leverage farm on these pools

• At max leverage, users can earn up to XX% on Tricrypto, XX% on LDO/ETH and XX% on CVX/ETH

------------------------------

Vitalik Dumps XXX MKR

• @lookonchain spotted one of Vitalik’s wallets selling XXX $MKR for XXX $ETH yesterday.

• This was after Rune’s announcement of @MakerDAO ‘s Endgame plan to transition to its own chain using the Solana codebase

------------------------------

Personal Note: 

Not much update today. Minimal activity & liquidity on Sat - Sun, people are having a sun-maxxing, grass-touching Sunday. 

Will outline a few of my medium-term thesis in Substack GM Digest today. Stay tuned for more!

![](https://pbs.twimg.com/media/F5E6TFWaoAExwkb.png)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1698202679909155312/c:line.svg)

**Related Topics**
[op](/topic/op)
[mkr](/topic/mkr)
[protocol](/topic/protocol)
[gearbox](/topic/gearbox)
[ethx](/topic/ethx)
[token](/topic/token)
[velodrome](/topic/velodrome)
[stader ethx](/topic/stader-ethx)

[Post Link](https://x.com/Defi0xJeff/status/1698202679909155312)

[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

Defi0xJeff Avatar 0xJeff @Defi0xJeff on x 71.1K followers Created: 2023-09-03 05:14:04 UTC

Good Morning, GM Digest #44

Headlines

  • Velodrome x Optimism
  • Lendle Token is Live
  • OTC Scams Running Rampant
  • Stader ETHx Auto-Compounding
  • UNIBOT Continuous Dump
  • Gearbox Protocol New Leveraged Farms
  • Vitalik Dumps XXX MKR after NewChain Announcement

Read More Below 👇


Velodrome x Optimism

• Velodrome has recently received XXXX million OP to support the Optimism ecosystem, fulfilling three key objectives — Expanding the Optimistic Vision, Increasing Governance Participation, Enabling Ecosystem Growth

• Expanding the Optimistic Vision → Referrals Incentives (Bridge projects not on OP with Velodrome) & Proposal Incentives (Proposal that result in new projects’ deployment on OP)

• Governance Participation & Enabling Ecosystem Growth → OP Gov NFTs (To veVELO) & Tour de OP incentives program


Lendle Token is Live

• Lendle’s $LEND is live. The public liquidity round was only ~$170k filled out of $500k that Lendle was trying to raise

• $LEND price has fallen below its private sale price of $XXXXX (6 months linear vesting) due to the overall market condition and the lack of marketing / hype around @0xMantle

• @Lendlexyz is #1 Money Market and the First Project that launched its token on Mantle


OTC Scam

• OTC Scams are running rampant lately with gBOT, LINQ, HMX teams, and whales getting impacted by the scams

• The scams utilize social engineering to trick escrow parties into thinking they have received the payment tokens (ETH, Stables). Scammers proceed to market dump tokens, causing huge sell-offs on the chart

• Full Detailed Thread:


Stader ETHx Auto-Compounding

• @staderlabs ETHx leverages the power of compound interest through frequent reinvesting (no gas fees needed). Stader also accumulates MEV rewards on top to maximize the compound effect

• Since ETHx launch (a month ago), ETHx has accumulated over 17k ETH ($28m), offering ~4% in Staking Rewards


UNIBOT Dump

• $UNIBOT tumbled all the way to $XX earlier today before recovering slightly

• There has been news pushed by KOLs of $XX floor price target floating around CT. The dump of $UNIBOT could also be from the competition (@MaestroBots & @BananaGunBot) and Banana is positioned to launch its token “soon”


GearboxProtocol New Leveraged Farms

• @GearboxProtocol will be adding X new Curve v2 strategies- Tricrypto, LDO/ETH, CVX/ETH and TriCRV and users can now leverage farm on these pools

• At max leverage, users can earn up to XX% on Tricrypto, XX% on LDO/ETH and XX% on CVX/ETH


Vitalik Dumps XXX MKR

• @lookonchain spotted one of Vitalik’s wallets selling XXX $MKR for XXX $ETH yesterday.

• This was after Rune’s announcement of @MakerDAO ‘s Endgame plan to transition to its own chain using the Solana codebase


Personal Note:

Not much update today. Minimal activity & liquidity on Sat - Sun, people are having a sun-maxxing, grass-touching Sunday.

Will outline a few of my medium-term thesis in Substack GM Digest today. Stay tuned for more!

XXXXX engagements

Engagements Line Chart

Related Topics op mkr protocol gearbox ethx token velodrome stader ethx

Post Link

post/tweet::1698202679909155312
/post/tweet::1698202679909155312