BET is Drift Protocol's new Solana-based prediction market. It supports over 30 assets, including yield-bearing tokens like PyUSD and liquid-staked SOL, allowing users to earn interest on their positions. It also introduces “structured bets” which can hedge multiple long and short positions together. To incentivize growth, BET is offering a multiplier on points for the first two weeks.
This list provides a collection of dashboards and data sources to track the growth and activity within the Base ecosystem, covering key metrics like blockspace usage, stablecoin overviews, gas prices, user growth, and DEX activity. It highlights the development of a new, on-chain global economy that is decentralized and inclusive.
With the restaking narrative growing, protocols like EtherFi and Renzo continue with points programs to reward stakers with tokens. Swell, Eigenpie, Puffer, and Kelp have yet to release a token, though Swell targets an October launch. Mellow Protocol, the liquid restaking protocol for Symbiotic, has grown to over $650M in TVL and 40% of Symbiotic's TVL. Bedrock is offering liquid restaking for Babylon with WBTC.
Ethena, the platform behind USDe, has seen a $500 million decrease in USDe supply because of negative funding rates cutting into its yields. These poor conditions, coupled with the ineffectiveness of recent measures like adding Solana as a backing asset to reinvigorate the protocol, have severely impacted Ethena's growth and the value of its governance token, ENA.
L2s can play games by posting data to the mainnet, using blobs when it is cheap and slowing their posting frequency when it is expensive. During a previous period of high fees, Scroll stopped posting altogether while Taiko slowed its page. Mainnet power users and builders are critical to supporting ETH as a utility token, though L2s using it as their primary form of currency improves its monetary premium.
A hack has been detected on Parcl's official website that drains tokens from Solana wallets and displays fake transaction results in Phantom.
The pie chart shows that 60% of pump.fun traders were not profitable, ~5% broke even, and the remaining ~35% earned varying amounts, with only 0.5% making over $10K, highlighting the high risk and low profitability of their trading activities.
The chart indicates that Polymarket is expected to achieve ~$475M in trading volume and add 75K new accounts in August 2024, showcasing its growing popularity and influence as the US approaches the November elections.
CryptoPunk #5822 was recently sold in a private sale, though the price remains undisclosed - the Punk previously sold for 8K ETH (~$23.7M) in February 2022.
In the two weeks since its launch, €7.3 million EURC has been issued on Base, with adoption from various protocols and exchanges.
Procreate, an iPad design app, has decided not to incorporate generative AI tools into its products. The move has been welcomed by digital creatives concerned about AI using their content without consent. This decision and Procreate's commitment to a one-time purchase model and expansion into animation and desktop products have bolstered its positive reputation among creatives.
Webflow has revamped its Webflow Experts program, now called the Certified Partner Program, to support top freelancers and agencies better. The update includes new tiers, a points-based system, a Partner Hub for managing progress, and expanded benefits. A Global Alliances program for major agencies has been introduced, enhancing collaboration opportunities.
2024.08.20·wf-blog-2021.webflow.io·6 min read·TLDR Design Apple's latest smart ring patent expands its potential uses beyond health monitoring to include controlling other Apple devices, such as smart glasses and AR/VR headsets. The ring could wirelessly send data to these devices, enabling precise control through gestures. Although the concept may be outdated due to eye and hand-tracking advances, it might offer enhanced control for future products.
The end of "free money" has led to a correction in overhiring and a focus on sustainable business models, contributing to a "SaaS Winter" as companies retreat from aggressive pandemic-era hiring. The future of UX lies in embracing AI, which will streamline work, reduce team sizes, and drive innovation despite an oversupply of designers from boot camps and accelerated programs.
2024.08.20·links.tldrnewsletter.com·9 min read·TLDR Design The shift to Figma's UI3 update was disorienting for many users due to disruptions in their established mental models and cognitive biases, such as the Familiarity principle and anchoring bias. Adapting to such changes takes time as users gradually adjust to the new interface, with initial frustration decreasing as familiarity and efficiency return over a few weeks.
2024.08.20·links.tldrnewsletter.com·5 min read·TLDR Design This article explores the dynamics of "design shticks," focusing on Teenage Engineering's Medieval Sampler and Allan Peters' logo redesigns. While both projects operate within a niche, self-defined bubbles, they elicit strong reactions from the design community. The contrast between creativity and controversy raises questions about originality, the line between practice and self-promotion, and the double standards within design culture.
Using this plugin, designers can quickly create animations by selecting the object they wish to move, such as a Frame, Instance, or Shape. They can then choose the curve for the object to follow, which can be drawn using the pen tool, with an option to flatten the curve if issues arise.
Microsoft's Inclusive Design methodology embraces human diversity by offering principles, tools, and resources to create products that benefit everyone, focusing on those with permanent disabilities.
CleanSlate is a macOS app that automatically clears your desktop, hides notifications, and tidies up your screen, ensuring a clean and professional workspace during presentations.
An effective framework for managing information architecture projects involves using digital whiteboards like Mural or Miro to create an organized, centralized "infinite canvas" that captures all project details. This approach helps teams stay aligned and maintain clarity by structuring information into categories such as research and design. It facilitates collaboration and provides easy access to project updates throughout its lifecycle.
Elly Walton is a renowned illustrator known for her whimsical style and narrative-driven work, which has evolved from scratchy characters to more refined illustrations over time. Inspired by diverse sources, she believes the illustration industry is in a golden age, despite challenges posed by AI, and remains hopeful about the value of human creativity.
Despite recent stock market volatility and skepticism around AI, generative AI's role in the creative sectors is far from a fleeting trend. As seen with technologies like Nvidia's GPUs and tools like Adobe Firefly, AI will continue to drive innovation in professional software. The market may eventually consolidate, but AI's influence on creative industries is staying.
Artists are making significant strides in their battle against AI - a legal victory is allowing a copyright lawsuit to proceed and animators are rallying to protect their jobs from automation.
2024.08.20·bloodinthemachine.com·10 min read·TLDR Design Portland's designers enhanced PDX with a stunning timber roof and flexible layout, doubling capacity while retaining the airport's cozy feel, making it a standout in American airport design.
2024.08.20·links.tldrnewsletter.com·8 min read·TLDR Design Reddit offers graphic designers and artists a unique platform for networking, receiving feedback, staying updated on trends, and promoting their work within a supportive, global community.
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This study highlights the growing risks associated with social media use across all age groups. 31% of 7-9-year-olds access X and 28% use Reddit in the US. By age 10, 42% of kids have smartphones, spending an average of 121 minutes daily on TikTok. Social media use increases with age - Snapchat is a communication tool for 38% of 13-15-year-olds. TikTok and Instagram compete for attention among 16-18-year-olds, who average 108 and 72 minutes per day on the apps, respectively. Roblox remains popular but starts to decline among older kids.
Google had a glitch in its Shopping Ads system, causing advertisers' products to appear in competitors' accounts, exposing sensitive data. Advertisers are frustrated with Google's vague and delayed responses, inadequate explanations, and inconsistent communication about compensation.
Unlike Google Search campaigns, you can often drive better results for Performance Max and Shopping campaigns by creating advanced segmentations. Effective segmentation strategies include segmenting by product category, bestsellers vs. regular, price competitiveness, and product performance. Choosing the right setup depends on your business goals, so continuously experiment to find what works best for you.
Evergreen content is defined differently across newsrooms. Generally, it refers to content that remains relevant and drives consistent traffic over time. Align evergreen pieces with a publication's core topics, regularly update them, and consolidate similar content to maintain value. Track and prioritize content based on traffic and revenue impact to ensure the most valuable pieces are refreshed first. Lastly, add an editor's note at the top to indicate when it was last updated for transparency.
To optimize Facebook ad performance, use “ugly” ads that resemble organic content. Incorporate real people into your ads, rather than focusing solely on product images. Use Facebook's dynamic ad features, such as Dynamic Creative Optimization and Advantage+, to automatically test and optimize creative elements. Implement the “engagement; purchase; scale” method by warming up audiences, retargeting for conversions, and scaling successful campaigns. Allow Facebook's algorithms to manage targeting while you focus on A/B testing. Lastly, switch to the Conversion setting for Lead Ads to drive users to your website forms for better tracking.
This is the first episode of a series on SaaS Pricing strategies. It provides insights on setting prices, managing free-to-paid conversions, and avoiding common pricing pitfalls.
Marketing teams are typically organized into 3 sub-functions: Content & Brand, Growth Marketing, and Product Marketing. Oftentimes, each sub-function works in silos. To solve this, organize Marketing like Product by creating producer roles that connect the dots. Early on, the top priority should be hiring people who are both strategic thinkers and effective executors – scale the team by filling in gaps around these people. This article provides recommended org charts for teams of 1-10, 10-20, and 20+.
Online reviews act like digital focus groups — they reveal what resonates with customers, how brands stack up against competitors, and common complaints. For instance, Tylenol improved its product labeling after discovering consumer confusion from reviews, leading to better customer satisfaction. Similarly, Estée Lauder learned about the negative impact of a formula change on its ratings, while Scünci realized its durability claims did not match consumer expectations. Customer reviews act as real-time feedback mechanisms, showing which aspects of a product are well-received and which areas need improvement.
Learn how to identify AI tools that enhance your tasks, simplify unwanted work, or offer valuable, unexpected features.
8 tips from SEO experts for aspiring conference speakers.
India currently sees the most ChatGPT adoption, followed by Morocco, the UAE, and Argentina. The U.S. is in 9th place.
12 reasons why your LinkedIn ads might be falling short, and ways to fix them.
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The intersection of generative AI and elder care offers promising solutions for dementia and loneliness, enhancing the quality of life for the elderly. However, careful ethical consideration is crucial to ensure responsible and effective use. The future of elder care lies in blending human empathy with AI.
A reflection on evolving perspectives, challenging established organizational models, and addressing how the dissolution of social contracts within companies undermines the effectiveness of "mission command" leadership. This piece argues that such leadership only works when trust, integrity, and shared goals are intact, and points out that increasing political divisions and mistrust within organizations are eroding these essential components.
While it is important to focus on outcomes over outputs, when progress takes time to detect, relying solely on outcome metrics can be unhelpful. To effectively measure progress, teams should use a combination of pragmatic output metrics and regular check-ins while keeping long-term goals in mind.
As AI tools advance, product professionals' roles are shifting from technical tasks to areas where they can truly add value, like strategic vision and user empathy. To stay relevant, they must embrace and integrate AI, using it to achieve broader business goals while critically thinking about its best applications and potential. Adaptability and growth in this new landscape are essential.
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Continuous learning is crucial for product managers as their role expands across business and technology. To stay ahead, use two learning strategies: focused learning to master specific expertise and serendipity learning to stay updated on emerging trends.
2024.08.20·amycmitchell.substack.com·6 min read·TLDR Product Misalignment of focus and ownership around outcomes can harm both the success and culture of a product development team, making it unsustainable to rely on an output-driven approach. Conversely, aligning ownership and focus on outcomes accelerates value creation, fosters empowerment, and enhances business impact, providing a lasting advantage.