The Daily Index — Monday, December 4, 2023 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

STARKNET FOUNDATION CONFIRMS SCREENSHOTS SHOWING DRAFT AIRDROP PLANS, SAYS SNAPSHOT ALREADY TAKEN

The Starknet Foundation has addressed rumors about an upcoming airdrop following the leak of two screenshots revealing early draft plans. The foundation confirmed that the eligibility cutoff date for the airdrop is already set and further actions will not affect users’ eligibility for the airdrop. As previously announced, the airdrop is part of a community reward linked to the issuance of 10 billion STRK tokens.

theblock.co · 2 min

TLDR Crypto

BAMM BAMM BAMM; THE REVOLUTIONARY PRIMITIVE DECENTRALIZING THE DEFI TRINITY

The Frax Core Team is developing a trustless leveraging primitive called BAMM, a Borrow AMM. The system allows users to leverage any token, without requiring oracles. The tool enables borrowing from an LP pool securely and caters to multiple parts of The DeFi Trinity. It works by maintaining its solvency and not accruing bad debt. BAMM is launching exclusively on Fraxchain in early 2024.

flywheeldefi.com · 4 min

TLDR Crypto

ETHEREUM'S SUPPLY CHAIN, PART 2

This article analyzes the need for Enshrined Proposer-Builder Separation in the Ethereum network to combat centralization issues. It also explores various design proposals for implementing ePBS, including the Two-slot PBS, Payload-timeliness Committee, and protocol-enforced proposer commitments approaches. Also discussed are future proposed changes to Ethereum that ePBS needs to account for, along with general challenges and concerns for the design.

umbraresearch.xyz · 18 min

TLDR Crypto

MAXIMIZE RETURN ON DEX SWAPS

This thread provides a comprehensive guide on how to efficiently use DEX swaps for the best returns. It recommends using a DEX aggregator like 1inch or DefiLlama and recommends measures against MEV such as using a Flashbots RPC. The author also stresses the importance of finding the best pools and utilizing services like Gashawk to save on transaction fees. There are ancillary benefits to consider like using DEX aggregators that have airdrops on the horizon.

twitter.com · 3 min

TLDR Crypto

ETH VS. SOL - THE REAL ISSUES

This thread discusses the inherent differences and issues in Ethereum and Solana's tech and economic models. It mentions Solana's focus on better scaling by shifting costs onto dapp teams rather than users, contrasting with Ethereum's user-centered cost model. The thread also touches on decentralization, security concerns, and the implications of Solana's smart contract model. It concludes by questioning both networks' efficacy in maintaining autonomy and resisting censorship.

twitter.com · 5 min

TLDR Crypto

TIA IS MODULAR MONEY

This blog lays out a thesis for Celestia, a new blockchain scaling technology, promising enhanced performance via modular blockchains. Its utility token, TIA, serves multiple purposes including Proof of Stake and gas payment, driving security, and rollup creation. The model is expected to provide hundreds of rollups using Celestia, forming a scalable ecosystem. Finally, Celestia has the potential to become a leading force in data availability, which may put pressure on other rollup frameworks including Optimism, Arbitrum, and Polygon.

nosleep.substack.com · 4 min

TLDR Crypto

BITCOIN ETF APPROVAL WINDOW OPENS SOON—HERE ARE THE DATES TO WATCH

With the bitcoin ETF approval windows coming up and anticipation around those approvals mounting, this article lays out some of the key dates you should be looking out for over the next several weeks.

decrypt.co · 2 min

TLDR Crypto

ZKML WITH ACCELERATED HARDWARE

This thread provides an example of a company, EZKL, integrating Icicle GPU acceleration into their ZKML system to increase efficiency. It achieved a 98% reduction in MSM times and 35% in total proof time.

twitter.com · 2 min

TLDR Crypto

TRACKING TIME TO FINALITY OF L2 TRANSACTIONS

This blog focuses on improving understanding of finality in rollups, emphasizing the strongest confirmation rule against double-spend attacks, and addressing complexities in rollup confirmation rules.

medium.com · 10 min

TLDR Crypto

COINBASE HAS NO PLANS TO LAUNCH BASE TOKEN: CEO BRIAN ARMSTRONG

In a recent interview, Coinbase CEO Brian Armstrong confirmed that the company had no plans to launch a token for its L2 network Base, focusing instead on its integration and growth with a variety of protocols.

decrypt.co · 3 min