Perpetual Protocol

Nekocoin, a new cryptocurrency, has been officially launched. This development is linked to Nekodex, a decentralized trading protocol on Optimism. Key points: - Nekocoin is now available - It's associated with the Nekodex platform - Increased usage of Nekodex may lead to more Nekocoin rewards The launch of Nekocoin could potentially impact the DeFi ecosystem, particularly for users of the Nekodex protocol. However, as with all cryptocurrencies, users should approach with caution and conduct thorough research before engaging.

Nekodex has introduced a new Earn vault for ETH enthusiasts. This latest addition, part of their Earn series, offers: - One-tap yield generation for weETH - Pre-TGE deposits with Nekocoin rewards - Integration with Yearn's auto-renewing vault for yPT-weETH from Pendle This follows recent launches of: 1. A BTC-focused vault for yield during market volatility 2. A USDe vault leveraging Yearn and Pendle for optimized yields Users can access these vaults through the Nekodex app, potentially boosting their rewards.

Nekodex has launched spot trading before reintroducing perpetual futures. The decision stems from recent advancements in chain abstraction technology. Key points: - Spot trading now available on Nekodex - Perpetual futures powered by Perp v3 coming soon - Focus on leveraging chain abstraction capabilities The move aims to capitalize on the robust toolchain for account and chain abstraction developed by DeFi builders. Nekodex seeks to integrate these components into a comprehensive package, making chain abstraction a present reality rather than a distant goal. Users can explore the new spot trading features at https://app.nekodex.org/ Stay tuned for updates on the reintroduction of perpetual futures trading on Nekodex.

USDM, a stablecoin from Mountain Protocol, is making waves in the DeFi space. It's not just another digital asset pegged to the US dollar - it's powering the first Earn vault on Nekodex, a decentralized trading platform. n nKey points: n- USDM is utilized in Nekodex's Earn vault n- The vault is currently yielding a steady 5% n- This offering provides an accessible way for users to earn interest on stablecoins n nThe integration of USDM into Nekodex's ecosystem demonstrates the growing utility of stablecoins in DeFi applications. It offers users a potentially lower-risk option to earn yield compared to more volatile cryptocurrencies. n nAs always, users should conduct their own research and understand the risks involved before participating in any DeFi protocols or yield-generating strategies.

Nekodex is offering a double-dip opportunity for users to boost their Nekocoin earnings before the Token Generation Event (TGE). Here's how it works: - Dip 1: Deposit 100 USDC to claim 100 Nekocoin per day - Dip 2: Deposit 100 USDC in Nekodex Earn to claim an additional 100 Nekocoin per day To maximize your daily rewards: 1. Visit https://app.nekodex.org/earn 2. Deposit 1000 USDC in Nekodex 3. Deposit that 1000 USDC into Nekodex Earn (e.g., USDM vault) 4. Claim 2000 Nekocoin daily This promotion allows users to earn up to 1000+1000 Nekocoin per day. Take advantage of this opportunity to increase your Nekocoin holdings before the TGE.

The fight against Maximal Extractable Value (MEV) has extended to the realm of chain abstraction. Perpetual protocol developers have swiftly found a solution to address this issue. Key points: - MEV, a method of extracting value from blockchain transactions, is now impacting chain abstraction systems. - Perp devs quickly developed a solution to counter MEV in this context. - The team humorously noted the need to discuss obscure Beastie Boys references with their intern. In related news, the Nekodex_app launched spot trading before perpetual futures trading. The team explained this decision in a recent article, hinting at their excitement about chain abstraction technology. Stay tuned for updates on the return of Perp v3 powered perpetual futures.

The Optimism community has shown strong support through a recent vote, affirming confidence in the project's direction. OP Mainnet is positioned as the foundation for a new era of web3, focusing on account and chain abstraction. Key points: - @nekodex_app is highlighted as the onboarding engine - Optimism is expanding beyond OP Mainnet - The OP Stack, shared governance, upgrades, and security are building an ecosystem of Ethereum-aligned chains - These chains are collaborating towards a larger goal This development signifies Optimism's growing influence in the Ethereum ecosystem and its commitment to scalability and interoperability.

Neko has expanded its offerings by adding Ethereum Mainnet tokens, bringing the total number of markets to over 50. This significant update broadens the platform's reach and provides users with more trading options. Key points: - Ethereum Mainnet tokens now available on Neko - Total markets exceed 50 - Expansion increases trading opportunities This news follows a recent announcement about Neko's first trading competition, set to start at <t:1715616000>. Participants should ensure they're signed up and ready. For more information: - Check your email for an invite link if you're an existing follower - New users can join the waitlist at app.nekodex.org - Read the blog for competition details: https://perp.com/learn/nekodex-trading-competition-starts

Across Protocol's article discusses the evolving landscape of Ethereum user experience. The piece highlights the rise of chain abstraction and intents, suggesting a significant shift in how users interact with blockchain technology. Key points: - Traditional bridging methods are becoming obsolete - Chain abstraction is simplifying cross-chain interactions - Intents are changing how transactions are processed These developments aim to streamline user experience and reduce complexity in blockchain interactions. The article suggests that these advancements could lead to more intuitive and user-friendly DeFi applications. For more details on how these changes might impact the future of Ethereum and DeFi, check out the full article by Across Protocol.

On June 15th, 2024, the decentralized trading platform Farcaster hinted at an upcoming announcement or event related to their platform. Details are scarce, but the cryptic message 'We're doing a thing ...' accompanied by an eyes emoji suggests something noteworthy is in the works.