9 big things to watch this week

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GM friends.

Welcome to a new issue of the “Monday Alpha” series.

Here’s what I’ll cover today:

  • 9 catalysts I’m watching this week

  • An airdrop opportunity for stablecoins

  • 7 alpha threads

Let’s dive in👇


Crypto catalysts to watch this week

  1. TIA token unlock - $1 billion worth of TIA (80% of its circ. supply) will be unlocked on Oct. 30. All of it will go to early investors and core contributors

  2. Chainlink SmartCon Conference - Chainlink’s largest annual conference starts on Oct. 30. Expect its team to make some big announcements during it

  3. Jito’s Solana Restaking Launch - Jito’s SOL restaking phase 1 will start on Oct. 30. At launch, there will be a $25M TVL cap

  4. Mantle Catalysts - mETH Protocol, the liquid staking protocol governed by Mantle, is launching its token COOK on Oct. 29. cmETH, Mantle’s liquid restaking token, will go live a day later on Oct. 30

  5. Macro Events - US Unemployment Rate data will be released on Nov. 1 and The Bank of Japan (BoJ) will announce its next interest rate decision on Oct 31

  6. Stacks’s Nakamoto Upgrade - Stacks’s next big upgrade has been rescheduled to go live on Oct. 29/30. The upgrade will increase the transaction speed on Stacks and introduce 100% Bitcoin finality to Stacks

  7. GRASS Token Launch - Grass, one of the most popular AI projects on Solana, is launching its token on October 28

  8. The Arena’s Token Launch - The Arena, the most popular SocialFi app on Avalanche, will release its token on Oct. 29. Arena V2, a new iteration of the app, will go live soon after

  9. Fluid DEX Launch - Instadapp has rescheduled the launch of the Fluid DEX for Oct. 29


Together with dYdX

SPECULATE ON THE US ELECTION OUTCOME

Did you know that you can leverage trade the outcome of the U.S. Elections?

A few weeks ago, dYdX released a TRUMP Perp Prediction Market.

Using it, you can short, long, or leverage your position on Trump’s chances to win the election with the tools real traders want.

Here’s all you need to know:

  • dYdX is one of the most popular perpetual DEXs in the world

  • If Trump wins, the TRUMP perp prediction market will settle at $1; if he loses, it will settle at $0

  • Traders can go long or short on Trump with up to 20x leverage

  • dYdX's perp prediction market comes with advanced trading features like advanced order types and professional charting

Prediction markets are cool but brand new and quite unsophisticated.

In contrast to classic prediction markets, dYdX gives traders an edge with advanced orders, leverage, charting, and total control over their positions.

Other venues make you guess. dYdX lets you strategise.

Explore dYdX’s Trump perpetual prediction market here!


This Week’s Airdrop Opportunity🪂

Leverage farm USDe on INIT Capital

INIT Capital is a tokenless lending protocol on Mantle.

The protocol is powered by INFINIT, a tokenless DeFi Abstraction Layer with some big backers including Electric Capital and Hashed.

With the following strategy, you can farm 3 types of airdrop points at once:

  • 2x INFINIT Stones

  • 1.5-2x INIT points

  • 20x Ethena Sats

Here’s how:

  1. Register on INFINIT’s Rewards page to join its points program

  2. Buy Ethena’s USDe stablecoin using USDT or USDC on Ethena

  3. Bridge that USDe to Mantle L2 using a bridge like Stargate

  4. Go to INIT Capital → click on Hooks → click on Neutral USDe Looping Hook → open a leveraged USDe position (which involves borrowing USDT against USDe)

After clicking on “Neutral USDe Looping Hook” you can choose what leverage you wanna use. To avoid being liquidated, I’d recommend using a low leverage (up to 2x).

Here’s a link to INIT Capital.


7 Alpha Threads

Edgy’s Q4 Watchlist

10 tips to stay ahead of new trends

Why is the ETH price performing so badly?

a16z’s state of crypto report

A daily crypto research workflow

The bull thesis for DeFi

The story of GOAT AI memecoin

And that’s all for now.

If you found this issue valuable, subscribe to receive the next newsletter issue straight into your inbox.

Have a fantastic day!

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Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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