The Arena is the most popular SocialFi application on Avalanche, and its Token will be released on October 29. A new version of the application, Arena V2, will be launched soon.
Author: The DeFi Investor
Compiled by: Deep Tide TechFlow
This issue will discuss the following:
Nine market catalysts I am focusing on this week
Airdrop opportunities for stablecoins
Key crypto market catalysts to watch this week:
TIA Token Unlock: $1 billion worth of TIA tokens (80% of its circulating supply) will be unlocked on October 30, all of which will be allocated to early investors and core contributors.
Chainlink SmartCon Conference: Chainlink's largest annual conference will start on October 30, and its team is expected to make some significant announcements during the event.
Jito's Solana Re-staking Launch: Jito's SOL re-staking phase one will launch on October 30, with a TVL cap of $25 million.
Mantle Catalyst: The Mantle governance liquid staking protocol mETH Protocol will launch its token COOK on October 29, and Mantle's liquid re-staking token cmETH will go live on October 30.
In terms of macro events, U.S. unemployment rate data will be released on November 1, while the Bank of Japan (BoJ) will announce its latest interest rate decision on October 31.
Stacks' Nakamoto Upgrade - Stacks' next major upgrade is scheduled to go live from October 29 to 30. This upgrade will enhance Stacks' transaction speed and provide 100% final confirmation in Bitcoin.
GRASS Token Release - Grass is one of the most popular AI projects on Solana, and its Token will be released on October 28.
The Arena Token Release - The Arena is the most popular SocialFi application on Avalanche, and its Token will be released on October 29. A new version of the application, Arena V2, will be launched soon.
Fluid DEX Release - Instadapp has rescheduled the release of Fluid DEX to October 29.
Airdrop Opportunities This Week
Leverage Mining of USDe on INIT Capital
INIT Capital is a tokenless lending protocol on Mantle.
The protocol is supported by INFINIT, a tokenless DeFi abstraction layer backed by major supporters like Electric Capital and Hashed.
By following the strategy below, you can earn three types of airdrop points simultaneously:
2x INFINIT Stones
1.5-2x INIT Points
20x Ethena Sats
The specific steps are as follows:
Register on the INFINIT Rewards page and join the points program.
Use USDT or USDC to purchase Ethena USDe stablecoin.
Transfer USDe to Mantle L2 using bridges like Stargate.
Go to INIT Capital → Click Hooks → Click Neutral USDe Looping Hook → Open a leveraged USDe position (i.e., use USDe as collateral to borrow USDT).
After selecting the “Neutral USDe Looping Hook,” you can choose the leverage multiplier. To avoid liquidation, it is recommended to use low leverage (up to 2x).
Click here to access INIT Capital.
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