Chung Daily Note - 2025/8/21

Happy Thursday!

💡@Lombard_Finance powers @katana, driving LBTC and BTCK adoption and strengthening both projects

Today's Top 5 @virtuals_io Genesis Mindshare by @arbuschirps (DM for an invite)

1. @SageToLearn

2. @useBackroom

3. @arbusai

4. @EvaOnlineXyz

5. @pokpok_io

Some highlights from today's note

🔸@Polymarket shows Fed rate-cut odds for September down to 57%

🔸Kanye West launches “YZY” meme coin on Solana

🔸MetaMask will launch mUSD this year on Ethereum and @LineaBuild, spendable via MetaMask Card at Mastercard merchants

Read More Below 👇

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📰 News

• Polymarket shows Fed rate-cut odds for September down to 57%

• Kanye West launches “YZY” meme coin on Solana

• Hong Kong’s Ming Shing Group will buy 4,250 BTC worth $483M

• DBS Bank will tokenize structured notes on Ethereum for institutions

• @Aave is live on @Aptos

• MetaMask will launch mUSD this year on Ethereum and Linea, spendable via MetaMask Card at Mastercard merchants

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📖 Good Reads

• @lzminsky - Play As Mechanism: An Intro to Hypergamblified Market Design

• @zacharyr0th - A Bird's Eye View

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🎉 New Protocols

• @fortunechainz

• @backrdotfun

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💰 Crypto Fundraising

• @irys_xyz (Blockchain Infrastructure) - 10m Series A led by @coinfund_io

• @DigiFTTech (CeFi) - 11m Strategic led by @SBI_DAH

• @loopcrypto_xyz (Blockchain Infrastructure) - $TBD Strategic led by @vaneck_us @fabric_vc

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💵 Airdrops

• @Faycytw - Updated guide on @campnetworkxyz Testnet

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💡Videos & Podcasts

• @patfscott - Value Investing in Crypto: Creating a Portfolio of Undervalued Tokens for Passive Income

• @BanklessHQ - Weekly Rollups: Bear or Bull Market? Institutions Are Buying The Dip! Crypto Markets Explained

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😇 Opportunity

@FogoChain introduces the Fogo Foundation 👀

That's all!