Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

YIELD ROUTES: THE FIRST PERMISSIONLESS YIELD-GENERATING BRIDGES

Hyperlane is launching Yield Routes, yield-generating bridges that enable L2-bridged assets to compound yields automatically. The move transforms traditional bridged assets, which are typically unproductive, into productive ones. Yield Routes are constructed on Hyperlane's Warp Routes and are compatible with any ERC-4626 vault, offering passive yield opportunities across any chain. They are open for anyone to deploy and customize, creating the possibility for unique yield opportunities and incentive mechanisms.

NFT PULSE: THE SOURCE FOR CRYPTO NFT DATA

Electric Capital has launched a new NFT dashboard called NFT Pulse to visualize market activity across Bitcoin, Ethereum, Solana, and Polygon at a glance. In addition to simple market-wide activity like user counts and volumes, this dashboard also shows overall market share across chains, a unique way of looking at NFT data that many other dashboards do not show. It also breaks down the revenue generated by each marketplace, another unique dataset that is usually difficult to find.

HALVING HANDBOOK: A PRIMER FOR INSTITUTIONAL INVESTORS

April's Bitcoin halving, a method designed to counter inflation by limiting the supply of new bitcoins, will reduce miners' rewards by half. This guide gives a high-level overview of the event for institutional investors. Historically, Bitcoin has seen price surges after halving events due to a shift in supply-demand dynamics. Gains after halvings have been more muted with each cycle. People should be wary of looking at past cycles to predict what will happen with this halving as there are only a few data points to go off of.

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