🔎9 catalysts to watch this week
A compilation of crypto catalysts, airdrop strategies and alpha threads
GM friends.
Welcome to a new issue of the “Monday Alpha” series.
Here’s what I’ll cover today:
9 crypto events I’m watching this week
My favorite airdrop farm on Solana
7 must-read threads
Let’s dive in👇
Today’s email is brought to you by Symphony - The first agnostic execution network
Learn how Symphony is unifying DeFi’s fragmented landscape!
Crypto catalysts to watch this week
US Election Day - The 2024 US Presidential Election Day is Nov. 5. Expect a lot of volatility in the coming days until the winner is announced
China fiscal stimulus package - China is considering approving a huge $1.4 trillion fiscal stimulus package this week
Polygon’s Community Grants Program - Polygon revealed that they will announce a new ecosystem grants program soon
LFJ’s Bonding Curve AMM launch - LFJ (prev. Trader Joe) will release Token Mill, its own version of Pumpdotfun, this month. Token Mill is a Bonding Curve AMM that aims to bring a new paradigm to the memecoin meta
Macro Events - The next FOMC meeting is scheduled for Nov. 7. New rate cuts are expected to be announced
zkSync's $40M incentive program - Voting for zkSync's $40M ecosystem incentive program starts on Nov. 5. Given that zkSync’s TVL is only $92M, this program will likely create many appealing yield opportunities
SWELL token launch - Swell, a popular liquid staking & restaking protocol, is launching its token $SWELL on Nov. 7
Linea’s potential token announcement - Linea has confirmed that its last points program has just ended. The project will likely announce its token launch soon
Mode’s AI agents launch - Mode, a popular Ethereum L2, will begin the rollout of its first on-chain AI agents this week. These agents will simplify the complexities of using DeFi
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Symphony’s token $CAD, which was previously a governance & staking token for CAD perpetual DEX, will soon migrate to $SMY at a 1:4 token ratio.
The token snapshot is in four days (Nov. 8 at 23:59 UTC), ahead of a new round of funding with tier-1 VCs.
Explore how Symphony is unifying DeFi!
This Week’s Airdrop Opportunity🪂
Restake SOL or USDC on Solayer
Solayer is currently the fastest-growing restaking protocol on Solana.
Just a few days ago, the project also released sUSD, a novel RWA-backed synthetic stablecoin that can be obtained by restaking USDC on the platform.
By restaking SOL, SOL liquid staking tokens, or USDC on Solayer, you’ll earn:
A base yield (8% APY on SOL or 4.5% APY on USDC)
A future airdrop from Solayer (its points program is already live)
Other potential airdrops from the AVSs built on top of the protocol (such as Sonic, a Solana L2 that is secured by the restaked SOL on Solayer)
Solayer has some big backers behind including Binance Labs, which makes me optimistic about its airdrop.
7 Alpha Threads
The blueprint for success in crypto
15 underrated crypto tools
A summary of the Ethereum roadmap
Miles Deutscher’s bull thesis for CHEX
10 on-chain trading rules
Solana vs Ethereum: A comparison of their stats
Some interesting crypto developer data
And that’s all for now.
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