๐Ÿ’Ž๐Ÿ™Œ๐ŸŒˆ
TLDR Crypto 2022-03-18

Coinbase Wallet + Solana โ˜€๏ธ, understanding Luna ๐ŸŒ•, how DEXes work ๐Ÿ’ฑ

๐Ÿš€
Innovation & Launches

Coinbase Adds Solana Tokens to Self-Custody Wallet in Non-EVM First (1 minute read)

Coinbase's self-custody crypto wallet has added support for Solana ecosystem tokens. Solana Program Library tokens are the first non-Ethereum-compatible crypto asset on the Coinbase wallet. Coinbase will be adding more Solana integrations including support for Solana-based NFTs and the ability to plug Coinbase wallet into Solana decentralized applications. Competing wallets Phantom and Solflare already have dApp compatibility and ways for users to stake coins within their apps.

A MetaMask Founding Architect Is Building an Interoperable โ€˜MetaMetaverseโ€™ (2 minute read)

MetaMask founding architect Joel Dietz's โ€˜MetaMetaverseโ€™ project will allow users to build projects on its virtual land using several different game engines, including Blender and Unreal Engine 5. It will have its own layer 1 blockchain and use a new programming language called metametalang. The metaverse will feature 'cubes' of virtual land. Cubes can be embedded inside other cubes. MetaMetaverse is still in development. There is no set date for its first public land sale.
โšก
Guides & Resources

In our latest Tokenomics Review, we assess the growth discrepancy with analysis on the economics of LINK (5 minute read)

This Twitter thread links to a tokenomics review that assesses the growth discrepancy between Chainlink's total value stored and LINK's market cap with an analysis on the economics of LINK. Chainlink is integrated into many crypto projects due to its role as an oracle network connecting smart contracts to real-world data. The project is planning an update to address its current issues, but the release schedule is still unclear.

Terra 101: The Stablecoin solution and the future of DeFi (3 minute read)

Terra is a blockchain that lets users create decentralized and algorithmic stablecoins pegged to fiat currencies. UST is Terra's flagship stablecoin. It adjusts supply based on real-time fluctuations in demand to maintain stability. UST uses LUNA to maintain its peg through an algorithmic incentive mechanism. To mint UST, users must burn an equivalent dollar amount of LUNA tokens. More information about LUNA, Terra, and UST can be found in the thread.

Crypto Scammers stole $14 billion from people last year (9 minute read)

This Twitter thread covers how to secure physical devices, smart contract risks, and the top scamming tactics in 2022. It contains a ton of security tips to help keep your funds safe. The thread provides screenshots of scam and phishing attempts.

As $LUNA continues to outperform, its critics also become louder (5 minute read)

Until recently, UST was an algorithmic stablecoin and was backed only by LUNA. Debt-based stablecoins are more resilient as they always have external collateral backing them, but their growth is restricted by demand for credit rather than demand for the actual stablecoin. There are risks with algorithmic stablecoins, but UST has thrived. Demand for the stablecoin has brought in investors to provide collateral. More information about the risks of holding UST and LUNA are available in the thread.

Understanding the Technology Behind Decentralized Exchanges (4 minute read)

The DeFi industry will grow over the next few years so it is important for investors and financial advisors to understand how the technology works. This article provides a deeper look into the technology behind decentralized exchanges. It covers liquidity pools, automated market makers, and yield farming.
๐Ÿฆ„
Miscellaneous

APE Token Tied to Bored Ape Yacht Club NFTs Sinks 80% in Opening Hours (1 minute read)

ApeCoin dropped about 80% in its first two hours of trading. Bored Ape NFT owners were airdropped 10,000 ApeCoins as part of a larger ApeDAO campaign. The remaining ApeCoin supply will be split between the Ape DAO treasury (47%), Yuga Labs (16%), BAYC founders (8%), and launch contributors (14%). ApeCoin now has a market cap of $2.4 billion and is the 49th-largest coin.

Keep Up With Crypto in Just 5 Minutes

Kepp Up With Crypto in Just 5 Minutes

Cut through the noise with our daily newsletter, get links and summaries of the newest innovations, tools, and launches in the crypto ecosystem

Join 65,000 readers for one daily email
Links
Sponsor
About
Contact
Privacy
Terms 
Disclaimer
TLDR Media, LLC
515 W 18th St. Unit 621
New York, NY, 10011
TLDR Media, LLC
515 W 18th St. Unit 621
New York, NY, 10011