TLDR Index
TLDR Crypto

TLDR Crypto 2023-03-10

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01MARKETS & BUSINESS

02INNOVATION & LAUNCHES

LAUNCH OF DUNE SQL

Dune has launched DuneSQL, an attempt to make the fastest, most powerful and convenient crypto data querying experience on the planet. It features many Dune-specific improvements such as using other queries as views and querying byte arrays directly. Postgres-based v1 platform is almost fully sunset and Spark SQL will be sunset in July 2023. Wizards can use an automated tool to help make query changes and get help from the team if they are having difficulties. There is also a tool that will help Wizards migrate their existing queries to DuneSQL.

dune.com6 min read

03GUIDES & TUTORIALS

04MISCELLANEOUS

DUST ON CRUST - A NEW STABLECOIN PROPOSAL BY ARTHUR HAYES

In this article, Arthur Hayes discusses a new design for a stablecoin called Satoshi Nakamoto Dollar (NUSD). The goal of the NUSD is to create a token that is worth 1 USD but does not require the services of the fiat banking system. It works by depositing 1 BTC on a derivatives exchange and shorting one XBTUSD swap. The Bitcoin value of the swap increases exponentially as the USD price of Bitcoin falls, and approaches zero as the USD price of Bitcoin rises. In theory, each side of the pair should equally offset the other. There are some risks that come into play, and there are still aspects of centralization, but the article attempts to provide some solutions to those potential problems.

blog.bitmex.com25 min read

WORLD OF CRYPTO

The concept of Community-as-a-Service (CaaS) focuses on providing access to a particular group of people that can be considered a marketable product. Examples of CaaS include Mobalytics for League of Legends, Aim Trainers for FPS games, and mods for modern video games. In DeFi, Convex was created to serve the community using Curve.fi, and Delegate.cash services NFT holders. CaaS differs from the current competition-driven crypto landscape, as its goal is to serve the community of an established project, like Tribally did for Axie Infinity by building a new website. The article posits that more value will be able to be created by catering to specific communities as crypto continues to mature rather than attempting to disrupt the status quo.

pageone.gg9 min read