Research Summary
The report discusses several DeFi protocols with untapped opportunities such as yield, airdrops, and points programs. These protocols span across different networks and sectors, including derivatives, yield, DEX, and more. The report highlights projects like Zircuit, Allora, Superposition, Movement, Gunzilla, Usual Money, Plume, and Blum.
Key Takeaways
Zircuit’s Unique Approach to On-Chain Security
- Zircuit’s AI-Enabled Security: Zircuit, an L2 protocol, introduces a novel approach to on-chain security that protects users from smart contract exploits and malicious actors. It has received undisclosed investments from Binance Labs & Pantera.
Allora’s Decentralized AI Network
- Allora’s AI Contributions: Allora is building a self-improving decentralized AI network, with use cases in the prediction market. It has raised $33.75m from investors like Polychain and Delphi ventures.
Superposition’s Novel Yield Mechanism
- Superposition’s Super Assets: Superposition, a Layer3 chain, introduces a novel yield mechanism called Super Assets that reward users for the usage of their assets. The protocol is currently in the testnet phase.
Movement’s Enhanced Security for User Assets
- Movement’s Use of Move Programming Language: Movement leverages the Move programming language developed by Facebook to enhance the security of user assets. The protocol has raised an undisclosed investment from Binance and $41.4m from investors like Polychain.
Gunzilla’s Interactive Gaming Ecosystem
- Gunzilla’s In-Game Assets: Gunzilla, a AAA games studio, is building an interactive ecosystem that allows gamers to earn through in-game assets that are convertible to NFTs and $Guns token. It has raised $76m in funding rounds from investors like Animoca brands.
Actionable Insights
- Explore Zircuit’s Point Program: With Zircuit’s mainnet launch approaching, users can stake supported assets to earn Zircuit points, which are presumably convertible to tokens at TGE.
- Participate in Allora’s Testnet: Allora network is currently on testnet, and users can get involved in various ways, such as participating in the Galxe campaign, Zealy, and running a node.
- Engage with Superposition’s Testnet: Users can get involved with Superposition’s testnet by swapping on Longtails, doing social tasks on Intract, and getting a meow domain name.
- Get Involved with Movement’s Testnet: Movement’s network is currently on testnet, and users can get involved by completing various tasks highlighted in their documentation.
- Apply for Gunzilla’s #OTGPioneers Program: Users can apply for Gunzilla’s #OTGPioneers program to gain access to the pre-release version of the game and exclusive rewards.
