Syndicate partners with Degen to provide over 10 million DEGEN grants to teams and developers
According to Mars Finance news, decentralized investment protocol and social network Syndicate announced that it will hold a "Deploy on Degen" week event with Base ecological Meme project Degen. Degen will provide 10 million DEGEN grants to teams and developers. Syndicate and 1confirmation also donated 250,000 DEGEN (total 500,000 DEGEN).
The deadline to apply to participate is April 12, and projects receiving grants will be announced on April 25. Sponsors include Degen, Syndicate, 1confirmation, SeedClub, and more, with a focus on exchanges, NFT infrastructure, wallet support/integrations, apps, games, and more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Will a 10-year US Treasury yield rising to 5.5% "attack" US stocks? Societe Generale warns: this could be the valuation tipping point.
Bokobza, Global Head of Asset Allocation at Société Générale, pointed out that if the 10-year U.S. Treasury yield reaches 5.5%, corporate profit growth will not be sufficient to offset the impact of rising rates on valuations, and the stock market will face substantial pressure. However, he believes that the upcoming rate hikes by the Federal Reserve and the European Central Bank will be relatively limited and will not disrupt the current economic cycle.