🔎10 catalysts to watch this week
A compilation of crypto catalysts, airdrop strategies and alpha articles
GM friends.
Here’s what I’ll cover today:
10 crypto events to watch this week
Avail’s role in the stablecoin economy
This week’s airdrop opportunity
Some great crypto reads
Let’s dive in👇
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Crypto catalysts to watch this week
Spot Solana ETFs - The final deadline for the spot Solana ETFs applications is October 10
Macro events - US FOMC minutes will be released on Oct. 8 + FED Chair Powell’s speech is scheduled to happen on Oct. 10
Mantle’s UR full launch - UR’s full launch is expected to happen very soon. UR is a smart money app built on blockchain by the Mantle project
Flying Tulip’s ICO - The ICO for Flying Tulip, one of the most hyped dApps coming to Sonic, will happen in October. Flying Tulip will be an all-in-one DEX
ApeX points program - ApeX, a perpetual DEX promoted by Bybit, launched its Season 1 points program today
Pendle’s XPL incentives - Pendle Finance will announce a new incentive campaign in partnership with Plasma next week
Metamask rewards program - Metamask announced it will release an incentive program with $30M in LINEA rewards in the near future
STBL’s launch phase - STBL Protocol will enter its launch phase on Ethereum starting Oct. 10
Aster airdrop checker - Aster will release the airdrop checker for its next airdrop on Oct. 10. Claiming starts on Oct. 14
BABY token unlock - $17 million worth of BABY (24% of its circulating supply) will be unlocked on Oct. 10
Note: I invested in Avail
Avail Featured in Citi’s $3.7 Trillion Stablecoin Forecast
It’s no secret that stablecoins are one of the most successful crypto products.
Recently, Citi, a major global financial institution, released its "Stablecoins 2030" report, projecting that stablecoins will become a $3.7 trillion sector by 2030.
Interestingly, Avail is one of the few Web3 projects featured in the report.
In case you don't know, Avail has been building essential infrastructure designed to scale the stablecoin economy by solving the liquidity fragmentation problem.
Avail Nexus, launched earlier this year in the early access phase, is a big deal for several reasons:
For users, it radically improves the on-chain experience, by enabling them to easily access their favorite apps or stablecoins on any major chain, as Nexus fully abstracts the bridging process
For stablecoin developers, it unlocks true multichain functionality for their stablecoin assets, without fragmenting liquidity
As stablecoins revolutionize the global financial system, Avail provides the rails that make them work seamlessly across multiple chains.
Citi’s report recognizes Avail as one of the few builders shaping the future of cross-chain liquidity.
Check out what makes Avail stand apart!
🪂 This week’s airdrop opportunity
A new Solana DeFi protocol that just went live is Solstice.
It generates yield via delta-neutral strategies in a similar way to Ethena, and it has surpassed $180 million in TVL so far.
Given its fast TVL growth and that its yield-bearing stablecoin is generating 10% APY right now, I decided to add it to my farming list.
My strategy is the following:
Bridge USDC to Solana (I use Stargate for this)
Go to Solstice and join its points program
Swap 50% of USDC to USX and the other 50% to eUSX
eUSX is its yield-bearing stablecoin that generates 10% APY, while USX is Solstice’s stablecoin. Only eUSX earns yield, but I prefer to also hold some USX as its holders get more points than eUSX holders.
You can use a referral code like nogS6HdpR4 and add a partner code like orca (as Solstice is collaborating with Orca) to get some additional points.
You can check out Solstice here.
7 Alpha Articles
How to be good at crypto
The rise of CLOB app chains
How to use Altitude to save money when borrowing
Key lessons from losing $200,000
Treat trading like poker, not like chess
The bull case for PUMP
The stablecoin duopoly is ending
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