Today in DeFi - Meta NFTs Mint & Sell, MetaMask in Games, Sommelier Strategy Tokens, and More...
Meta NFTs Mint & Sell
Meta announces it will enable mint & sell NFTs on Instagram. The first chain to support is Polygon, with NFT collections stored on Arweave.
MetaMask in Games
MetaMask will be injected into games supported by the partner stores. Players will be able to carry their wallets, tokens, NFTs, and achievements into every game with web3 capabilities.
Aera on Polygon
Treasury management protocol Aera has announced the launch of treasury optimizing vaults for DAOs on Polygon. Aera aims to enable projects to manage their token reserves in a more efficient manner.
Avalanche NFTs on Shopify
Avalanche and Venly partner up to enable Shopify users to shop NFTs.
Bluejay to Launch sgUSD
Bluejay is launching a platform for issuing stablecoins pegged to Asia currencies.
Sommelier Strategy Tokens
Overview
Sommelier is a Cosmos-based multi-chain investment protocol that provides strategies that earn yields from Ethereum protocols.
Sommelier recently launched two strategy tokens: ETH-BTC Trend and ETH-BTC Momentum. Both are long strategies on BTC and ETH, with the Momentum strategy more responsive to market changes. Historical performance is good with double digit % returns, but note that past performance does not guarantee future success.
Risk Disclaimer
Sommelier contracts have been audited by 0xmacro. Audits do not guarantee no hacks. Please do not approve tokens with more than you can afford to lose. Note that these strategies take on market risk and are NOT delta neutral. You may incur loss.
User Guide
Buy Strategy Tokens
Click on the strategy to invest
Click βBuy/Sellβ
Select βUniswapβ or βSommelierβ
Enter the $USDC amount to deposit
Confirm the transaction
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Disclaimer: Projects or tokens mentioned in this newsletter are often experimental or unaudited. Do your own diligence before using or buying anything mentioned.