Yield Farming Strategy: How To Discover Opportunities (3 minute read)
Finding out what projects market participants are investing in can be a good starting point for further research. This Twitter thread walks the reader through how to do due diligence and discover opportunities using nansen.ai. The strategy involves finding the contracts currently receiving the most capital. It is possible to see the top contributors and check if smart money is invested into the project.
The Ethereum Merge is scheduled for June’22 (3 minute read)
The Ethereum Merge, scheduled for June, could be one of the most significant events in crypto history. The Merge will transition Ethereum away from Proof-of-Work to Proof-of-Stake. After the Merge, new ETH issuance will be reduced by 90%, rewards will be increased for PoS validators, and Ethereum's energy consumption will drop by 99.95%. Gas fees will not go down as a result of the Merge.
How Frax beats the Rest (31 minute read)
Frax is an algorithm-backed stablecoin with $2 billion in total protocol value. It is partially backed by crypto assets and governed by a community. This article presents a deep dive into Frax and how the stablecoin plans to take over the market. Frax is focusing on three factors in its attempt to beat the rest: its Curve-like properties, peg mechanism, and algorithmic market operations controller.
What Layer 1 Protocols Must Learn From the Telecom Crash (4 minute read)
Many alternative blockchain networks popped up in 2021 to compete against Ethereum for decentralized applications. While web3 seems inevitable, its growth through marketing and financial incentives doesn't seem sustainable. Around the year 2000, many telecom companies invested heavily into infrastructure, but the demand for bandwidth wasn't there yet. This resulted in an oversupply and market crash as many startups evaporated. Nowadays, the most valuable internet companies are those providing media, not the infrastructure providers.
Goldman Sachs makes history with its over-the-counter crypto trade (1 minute read)
Goldman Sachs has executed the first over-the-counter crypto options trade by a major US bank. The trade involved a bitcoin non-deliverable option that pays out in cash. Goldman Sachs uses Galaxy Digital as its liquidity provider for its bitcoin futures block trades. The trade shows how Wall Street has embraced digital assets.