The Daily Index — Wednesday, July 24, 2024 · TLDR Index

MARKETS & BUSINESS

TLDR Crypto

TLDR Crypto

SPOT ETHEREUM ETFS BEGIN TRADING TODAY: HERE'S WHAT YOU NEED TO KNOW

Spot ETH ETFs begin trading today in the U.S., with expectations of net inflows ranging from $750M-$1B per month for the first half year. These ETFs will trade on various exchanges and have varying post-waiver fees.

theblock.co · 3 min

TLDR Crypto

EXPLORING CIRCLE STARKS

Circle STARKs are a new way to make blockchain proofs faster and more efficient. They use smaller numbers to optimize speed and a “circle” structure for calculations to overcome security challenges and reduce wasted space in computational traces. Researchers are looking at how to make these proofs more user-friendly for use with operations like hashing or signing.

vitalik.eth.limo · 18 min

TLDR Crypto

AVAIL DA MAINNET AND TOKEN NOW LIVE

Avail DA is the first modular DA layer that uses proofs and data availability sampling. It already supports integrations with all top L2 chains, RaaS providers, and frameworks. The AVAIL token is used to pay for DA fees and earn staking rewards. Avail also aims to become a permissionless unification layer for web3 through Avail Nexus' cross-chain transaction feature and Avail Fusion's shared security.

threadreaderapp.com · 2 min

TLDR Crypto

REPORT ON BITCOIN OWNERSHIP

In a survey of over 3,500 US adults, Bitcoin ownership was found across political identities, ethnicity, income, and education levels. Owners tended toward young and male. People who owned Bitcoin had significantly higher knowledge and trust in it. Overall, Bitcoin owners, who make up 14% of the population, are moderate, average Americans.

threadreaderapp.com · 6 min

TLDR Crypto

THE FUTURE OF DEX TRADING - A UNISWAPX CASE STUDY

Summary unavailable

threadreaderapp.com · 8 min

TLDR Crypto

HOW NOT TO REKT YOUR USERS WITH INCENTIVES ON THE LENDING MARKET

Recently, incentive rewards on Aave created non-organic behavior that resulted in -330% APR for looping borrowers. Fluid, in contrast, is implementing a more sustainable approach by incentivizing ETH lenders rather than borrowers, enabled by its shared pool liquidity and vault system. Its flexible architecture allows more changeable markets to respond sustainably to user behaviors and avoid sudden disruptions.

x.com · 3 min

TLDR Crypto

OPTIMISM ABOUT CRYPTO: EMERGING MARKET USE-CASES

Summary unavailable

threadreaderapp.com · 2 min

TLDR Crypto

COINBASE'S MAGICSPEND

MagicSpend is a new chain abstraction product from Coinbase that allows anyone to spend their Coinbase balance onchain.

threadreaderapp.com · 5 min

TLDR Crypto

UNBOUND FUND - THE FIRST GOLDEN VISA ELIGIBLE FUND THAT GIVES YOU EXPOSURE TO BITCOIN

Unbound Fund introduces a novel pathway to Portuguese/EU citizenship through an investment in Bitcoin worth €500K.

threadreaderapp.com · 1 min

TLDR Crypto

JOEY KRUG ON FOUNDERS FUND'S $11M INVESTMENT INTRO PUDGY PENGUINS

Founders Fund backs Pudgy Penguins, Igloo Inc, and Abstract Chain due to their unique and profitable user acquisition strategy, which leverages physical retail partnerships with major stores like Walmart and Target.

threadreaderapp.com · 2 min

TLDR Crypto

BUNNI LAUNCHES A NEW DECENTRALIZED EXCHANGE

Bunni v2 testnet is live, introducing a new approach to liquidity with automated, customizable, and programmable features for liquidity providers (LPs).

threadreaderapp.com · 2 min