Daily Edition · Page 5

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

SINGAPORE ADVANCES ASSET TOKENIZATION WITH NEW MAS FRAMEWORKS

The Monetary Authority of Singapore (MAS) is advancing asset tokenization commercialization through Project Guardian, which involves creating new frameworks and expanding infrastructure with global financial institutions. This initiative includes frameworks for tokenizing debt and funds, as well as the SGD Testnet for settlements using a Singapore dollar wholesale CBDC, demonstrating significant progress toward scalable tokenized finance.

SCROLL SDK & GADGETS: BUILDING THE FOUNDATION FOR ETHEREUM'S MULTICHAIN FUTURE

Scroll has launched an SDK platform that allows developers to deploy zkEVM-based L2s in minutes. It also introduced Gadgets, opt-in modules for customizing chain functionality without vendor lock-in. The first Gadget focuses on interoperability between chains using TEEs and zk proofs. Scroll's roadmap extends through Q2 2025, promising enhanced capabilities including high-performance nodes that support >100M gas/second throughput, multi-proof support, and additional specialized Gadgets for staking and keystore functionality.

FULL DAS SAMPLING ANALYSIS

A comprehensive analysis of Ethereum's Data Availability Sampling (DAS) system demonstrates that under normal conditions and modest networking requirements, the network can effectively perform sampling while maintaining decentralization, with nodes needing to download only 1MB of data per slot in most cases. While the system is robust against large correlated failures affecting up to 35% of nodes, there are challenges with coordinated attacks involving a malicious supermajority (90% of nodes). The study validates the viability of the proposed model where data custody responsibilities scale with the number of validators.

FARCASTER'S GROWING AGENTIC ECONOMY

The goal of the agentic economy is to move the Internet from search-based to action-based, where intents and solvers abstract the majority of steps away from the end-user. Thanks to web3, agents can have access to permissionless rails to execute social, financial, and collaborative tasks. As a decentralized social platform, Farcaster has a unique opportunity to become the hub of agents and agent orchestration, and projects like Supercast and Neynar are leaning into this vision. Agents can be added to onchain company accounts and split revenue with teams when it does things like earn tips or create artwork.

WHY EVERYONE'S WRONG ABOUT STABLECOINS

Relying solely on T-Bill interest is unsustainable - issuers will need complementary business models to survive. Pure-play stablecoin issuers like Circle and Tether face challenges from traditional institutions, which can issue deposit tokens and leverage existing infrastructure more effectively. Multiple interoperable stablecoins may coexist in the future - success will be determined by complementary business models and control over banking infrastructure rather than network effects alone.

TLDR IndexPage 5