DeFAI News – Pt. 6 🪙Tokens $VELVET: was one of the strongest tokens during the Friday crash and has already erased all losses, now in profit on the weekly timeframe. $SYNTH: this is the token behind @SynthdataCo and is one of the best performers in DeFAI. The Bittensor incentives are working. $CX: up 132% on the weekly timeframe after the announcement of the token swap. $SYN converts to $CX at a 1:5.5 rate. $ALMANAK: points for the token airdrop are set to end distribution on October 23. Some users are speculating about a +$500M FDV for this token. 📰Project Updates @gizatechxyz: Arma (stablecoin Agent) is live on Arbitrum, taking advantage of Arbitrum’s DRIP Season. Pulse (ETH Agent) is now fully uncapped, offering 12% APY. @ZyFAI_: more token incentives for users who deposit stablecoins, and “Smart Rebalancing v2,” which improves yields. @symphonyio: partnered with @pendle_fi to allow Agent builders to compose PT and YT yield strategies directly on Pendle markets, powered by Symphony’s rails. @modenetwork: has released two trading Agents: “Breakout Agent” and “Trend Agent.” I’m already testing them.