AlphaGrowth dey consider possible FastLane collaboration as dem dey explore Cardano liquid staking

AlphaGrowth dey consider different way to do liquid staking for Cardano, and Bryan Colligan raise the chance to explore collaboration with FastLane as dem dey discuss the company work for Monad.

As e dey yarn with Tom Murphy from FastLane for Dose of Alpha LIVE, Colligan refer to one $20 million Cardano ecosystem fund and explain AlphaGrowth interest for liquid staking opportunities. E talk say some of the models wey FastLane get fit worth to consider for Cardano.

Their talk no confirm any partnership, Cardano product or integration timeline. Murphy presentation focus on infrastructure and applications wey dem develop for Monad.

From Monad Infrastructure to Cardano Ideas

FastLane dey work with validators and dem develop shMON, one liquid staking token for Monad. Generally, liquid staking mean say you go stake the main asset and you go receive one token wey fit dey used for supported DeFi applications.

Murphy talk say around 68% of Monad’s staked weight connect to FastLane validator MEV auction by the time dem do the interview, across about 118 validators. E explain say FastLane dey work with validators, dem no dey operate them. The number dey describe stake wey associate with validators wey connect to the auction; e no mean say FastLane own or direct control those tokens.

Cardano users fit already delegate ADA to one stake pool while dem still dey control their funds and fit still transact. Token wey represent staking position fit serve different purpose: to enable make that representation fit dey used for compatible DeFi applications. The permissions, benefits and risks go depend on how dem design the particular product.

Murphy still describe potential value sources for shMON beyond ordinary staking rewards, including revenue wey relate to validator MEV and one oracle arrangement wey e expect to develop more for Monad. E no provide exact figure for the contribution from validator MEV.

MEV, wey be maximal extractable value, fit show from how blockchain transactions take enter, comot or the order wey dem take arrange them. Murphy still discuss oracle extractable value, wey fit appear around price updates and events like liquidations for lending protocols.

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Trading Tools and Liquidity on Monad

Dem still talk about Moose, FastLane trading application, wey Murphy describe as open beta. According to Murphy, the aggregator dey check trading venues during execution to handle cases wey quote wey dem display go change before transaction complete.

FastLane still dey explore automated strategies, including grid bots wey dey place trades for predefined price levels. Murphy note say the approach no dey guarantee profit, because results go depend on the asset and market conditions.

Kyle Jacobs from AlphaGrowth ask whether Moose fit help make swaps from shMON collateral go USDC for one vault wey dem dey develop for FastLane. Murphy describe the idea as potential use case, as Jacobs indicate say the vault dey near the end of im audit process.

The participants still discuss why liquidity dey important when person wan enter and comot position. Murphy describe one instant unstaking pool inside the shMON system and note say decentralized exchange liquidity dey affect how bigger swaps go execute.

Wetyn Colligan Propose for Cardano

Colligan bring in the Cardano angle after Murphy don explain FastLane products. E indicate say AlphaGrowth dey consider different liquid staking approaches for the ecosystem and suggest say some of the work wey FastLane do fit worth to explore together.

The interview no explain how dem fit adapt the Monad models to Cardano or identify any proposed Cardano token, vault or other product. The discussion instead point one area wey dem fit explore: whether approaches wey FastLane use for validator and DeFi infrastructure fit inform future work wey involve Cardano.