Merlinator.base.eth
@merlinator
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The @MitosisOrg Game of MITO testnet has officially concluded on December 22nd, 2024, at 12:00 AM UTC.
The testnet is no longer accessible, and player balances recorded at 12:00 AM UTC on December 22nd serve as the final snapshot. I hope you were able to stack MITO and other assets!
The final snapshot includes:
• All Game of MITO assets (Origin Assets, Hub Assets, miAssets, and Meme tokens)
• MITO and wMITO
• Assets on Chromo, Telo, and Clober
Note: Yieldkingz NFTs are not included in the snapshot.
The project previously announced that the Mitosis allocation ratio from the testnet would be distributed as follows:
• 70% for MITO
• 30% for other testnet assets
Mitosis will announce the Convert Drop results later, so we'll see how it plays out. Hopefully, Expedition participants will also get good allocations. 0 reply
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Bungee Exchange recently announced the launch of Bungee Protocol, a global liquidity marketplace built on Socket Protocol, designed to provide "BALLS DEEP LIQUIDITY" for any asset, anywhere.
Let’s dive into how it works, & how it helps the DeFi ecosystem.
Bungee Protocol is designed to facilitate seamless cross-chain actions for users. Unlike traditional bridge aggregators that operate within the confines of a single chain, Bungee operates on a global level, treating each chain as a liquidity avenue.
How it Works:
1. Users initiate actions on-chain—such as swaps or deposits into DeFi protocols, by signing gasless requests.
2. Off-Chain Actors (solvers, provers and fillers) compete to fulfil the requests based on their strengths. This ensures that execution is optimized, delivering the best possible outcome for the user.
Bungee Protocol has the ability to perform chain-abstracted swaps, allowing trades to be split across multiple chains and even CEXes for the best rates and lowest fees. 0 reply
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