Parse notes
Matt Hougan, CIO of Bitwise, predicts Ethereum ETFs will see $15 billion in net inflows in their first 18 months of trading. In a note sent to clients, he cited ETH/BTC market cap comparisons, international ETF data, and spot/futures arbitrage trading. He believes the lack of staking rewards is a “rounding error” that will not impact demand.
Blast's airdrop is scheduled for today. 17% of the token supply will go to Blast Points, Gold holders, and BLUR stakers. The tokenomics allocate 50% to the community, 25% to contributors, and 24% to investors and the Blast Foundation. Blast is the fastest-growing chain of all time. It has the most native dapps and is the 6th largest by dapp TVL and DEX volume.
Solana has introduced "blinks" (blockchain links), a new feature that lets users perform Solana actions like voting, donating, and swapping using shareable links on websites like X.
Valantis hopes to revolutionize the DEX and on-chain asset trading landscape by introducing new, innovative AMM designs beginning with “HOT AMM”, which aims to solve the liquid volatility risk problem and improve proactive market maker order flow.
Researching Web3 protocols effectively involves identifying promising projects and using specialized tools for thorough analysis. Key tools include Token Terminal, DYOR Crypto App, DefiLlama, Messari, CoinGlass, IntoTheBlock, Glassnode, CryptoQuant, and Moni, along with supplementary tools like Dune Analytics, LunarCrush, and CryptoPanic for detailed data and insights.
Researchers Jonah Burian and Davide Crapis discuss two mechanisms, Execution Auctions (EAs) and Execution Tickets (ETs), to address Ethereum's MEV leakage to block proposers. They argue that while EAs are simpler and potentially more efficient, ETs offer better protection against centralization, but each approach has unique trade-offs and implementation challenges.
Arbitrum's recent staking proposal offers 50% of surplus sequencer fees to ARB stakers, which equates to a 7% APY. The goal is to make the DAO more resilient to vote manipulation or hostile takeovers since only 10% of ARB is actively used in governance. It will use Tally to make liquid-staked ARB.
The "crypto casino" has chips with a floating exchange rate, where the value is dependent on user demand and desire to profit. User-driven rallies have very little to do with the technology and are negative sum for retail investors. For the market to succeed, it must develop beyond speculation and gambling.
Though Mt. Gox will be distributing 141k BTC to many investors who will likely be taking profits, it is only a third of the acquisitions of Fidelity and BlackRock combined.
In a recent interview, EigenLayer founder Streeram Kannan mentioned one of their goals is to internalize EigenLayer into Ethereum.
Variance Poker allows users to play poker with friends using blockchain tech for settlements.
Options protocol Opyn has introduced Opyn Markets, a new product allowing any asset to be traded as a perpetual derivative.