Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

BLACKROCK CEO LARRY FINK BACKS ETHER ETF

A day after the successful launch of BlackRock’s Bitcoin ETF, its CEO Larry Fink went on CNBC to tout the value of both Bitcoin and Ethereum ETFs. Fink foresees a world in which assets are increasingly tokenized and views Bitcoin and Ethereum ETFs as steps toward that vision. He also classified cryptocurrencies not as currencies, but as asset classes that can provide protection against geopolitical risk and can help fight against corruption and money laundering.

ASTARIA V1 LENDING & INTENTS

This whitepaper gives an overview of Astaria v1, a new lending protocol built on the Starport lending kernel. Astaria provides fixed-rate, open-term lending that optimizes rate and loan-to-value for borrowers and reduces liveness requirements for lenders. The protocol, which accepts a variety of collateral assets, introduces recall intents by any party. Loans have no end date and continue until recalled by replacing the original lender or impairing the loan and seizing collateral.

INJECTIVE ROLLS OUT VOLAN UPGRADE FOCUSED ON REAL-WORLD ASSETS AND CONNECTIVITY WITH COSMOS CHAINS

Injective, a Cosmos-based blockchain, has launched a mainnet upgrade, Volan, adding support for software regarding real-world assets. This upgrade aims to enable users to access products like tokenized fiat currency pairs, treasury bills, and exclusive credit-based products. Volan improves inter-blockchain communication within the Cosmos ecosystem, making complex cross-chain transactions smoother. Another key component of the upgrade includes INJ, Injective's native token, becoming increasingly deflationary over time.

THE BERACHAIN THESIS

This thread lays out the thesis on Berachain, focusing on its combination of technology, culture, and product-market fit. The EVM-compatible L1 blockchain platform utilizes the Polaris for attack protection and fluent execution. It also features an accessible development kit and IBC bridging. Berachain has already built an early culture of creativity and has its roots in NFTs, while also appealing to dapp developers for its liquidity capabilities and user base.

QUICK SUI AIRDROP FARMING GUIDE

Sui has been outperforming lately, drawing attention to the ecosystem. This thread provides a quick guide to interacting throughout the Sui ecosystem to potentially qualify for various airdrops. Several audited protocols such as Navi Protocol, Scallop, Aftermath Finance, KriyaDEX, and Turbos Finance are suggested for lending or providing liquidity. Other opportunities include purchasing a .sui domain or exploring ABEx Finance and Typus Finance.

FROM CRYPTO-NATIVE TO CRYPTO-ENABLED

This article calls for 2024 to be a year of mainstream "crypto-enabled" apps that utilize blockchain tech in the background, rather than focusing on it. The writer differentiates these from current "crypto-native" apps, which mainly focus on experimenting with crypto features. Enabled by recent advancements in scaling, security, and user experience, these new apps could revolutionize traditional digital experiences by integrating benefits of crypto into them.

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