This Week's Alpha: 9 Major Market Catalysts + Stablecoin Airdrop Guide

Author: The DeFi Investor

Translation: TechFlow

This issue covers the following topics:

• 9 market catalysts I’m watching this week

• Stablecoin airdrop opportunities

Key crypto market catalysts to watch this week:

1. TIA Token Unlock: $1 billion worth of TIA tokens (80% of its circulating supply) will unlock on October 30, all allocated to early investors and core contributors.

2. Chainlink SmartCon Conference: Chainlink’s largest annual conference begins on October 30, with major announcements expected from the team during the event.

3. Jito’s Solana Re-staking Launch: Jito’s SOL re-staking Phase 1 launches on October 30, with a TVL cap of $25 million.

4. Mantle Catalysts: mETH Protocol, Mantle’s governance-gauged liquid staking protocol, will launch its COOK token on October 29. Mantle’s liquid re-staking token cmETH will go live on October 30.

5. On the macro front, U.S. unemployment data will be released on November 1, while the Bank of Japan (BoJ) will announce its latest interest rate decision on October 31.

6. Stacks’ Nakamoto Upgrade – Stacks’ next major upgrade is scheduled to go live between October 29 and 30. This upgrade will improve transaction speed on Stacks and provide 100% Bitcoin finality.

7. GRASS Token Launch – Grass, one of the most popular AI projects on Solana, will launch its token on October 28.

8. The Arena Token Launch – The Arena, Avalanche’s most popular SocialFi app, will release its token on October 29. A new version, Arena V2, will also launch soon.

9. Fluid DEX Launch – Instadapp has rescheduled the Fluid DEX launch to October 29.

Airdrop Opportunities This Week

Leveraged Farming with USDe on INIT Capital

INIT Capital is a tokenless lending protocol built on Mantle.

The protocol is backed by INFINIT, a tokenless DeFi abstraction layer supported by major backers including Electric Capital and Hashed.

By following this strategy, you can earn points toward three potential airdrops simultaneously:

• 2x INFINIT Stones

• 1.5–2x INIT Points

• 20x Ethena Sats

Here’s how to participate:

1. Register on INFINIT’s rewards page and join the points program

2. Purchase Ethena’s USDe stablecoin using USDT or USDC via Ethena

3. Bridge USDe to the Mantle L2 using a cross-chain bridge like Stargate

4. Go to INIT Capital → Click Hooks → Select Neutral USDe Looping Hook → Open a leveraged USDe position (i.e., deposit USDe as collateral and borrow USDT)

After selecting the "Neutral USDe Looping Hook," you can choose your leverage level. To avoid liquidation, it’s recommended to use low leverage (up to 2x).

Click here to access INIT Capital.