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Yesterday

The Separation of Mind and State — Money and State

The Separation of Mind and State | Announcing Venice

15 hours ago Reads

The Separation of Mind and State — Money and State

Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows

The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.

16 hours ago Reads

Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows

Omni Network & Eigenlayer

http://x.com/i/article/1790057526144143360

16 hours ago Tweets

Omni Network & Eigenlayer

Maker Vote for subDAO tokens

A @MakerDAO poll just went live to allocate today’s MKR holders 25% of all subDAO tokens (SPK + 5 others). Currently there is no allocation to existing MKR holders in the subDAO spin offs. This represents a great opportunity for MKR holders to get SIX(!!) token allocations

17 hours ago Tweets

Maker Vote for subDAO tokens

Delphi Pro - Attention Is All You Need

What’s on your mind? Like right now, what are you thinking about? Perhaps I have you hanging onto every word. But I’m not vain enough to think that’s

18 hours ago Reads

Delphi Pro - Attention Is All You Need

Enter The Sanctum

Everybody gets a stake.

18 hours ago Reads

Enter The Sanctum

Smart Accounts on Osmosis: Redefining UX and Account Management in DeFi

The crypto ecosystem advances quickly while the user experience (UX) often lags behind. Osmosis aims to bridge this gap with Smart Accounts, an innovative account and asset management feature that enhances usability, flexibility, and security, with robust multi-device support for on-the-go trading.

21 hours ago Reads

Smart Accounts on Osmosis: Redefining UX and Account Management in DeFi

Based vs Non-Based Sequencing: Converging Paths by Toghrul Maharramov

Watch Based vs Non-Based Sequencing: Converging Paths by Toghrul Maharramov aka @toghrulmaharram

22 hours ago Tweets

Based vs Non-Based Sequencing: Converging Paths by Toghrul Maharramov

Degen Chain has 500k Block (~2 Days) Reorg

Chain is back - the explorer is still indexing and should be up to speed soon.

A 500K block reorg occurred. Conduit is working on a postmortem. If you don’t see your transaction on the explorer after a while, you should retry any transactions submitted after:
Sat May 11 2024 13:19:53 GMT-0700 (Pacific Daylight Time)

1 day ago Reads

Degen Chain has 500k Block (~2 Days) Reorg

11th May 2024

Bitcoin's Precarious Position · BlueMatt's Blog

These next few years are as existential for bitcoin as the Blocksize Wars.

Back then it was about who got to decide what bitcoin was, now it’s about what bitcoin is.

To most of us, bitcoin was always a tool for freedom - freedom to transact with who you wanted without trusting any third-party who could prevent you from doing so. But this is now a question.

2 days ago Reads


    
      Bitcoin's Precarious Position · BlueMatt's Blog

10th May 2024

Morpho Blue unveils the Public Allocator, providing borrowers with just-in-time liquidity

Today, we unveil Morpho Blue’s Public Allocator, providing borrowers with just-in-time liquidity.

tl;dr:
- Isolated lending markets with shared liquidity.
- Borrowers can borrow much more from a given market.
- UX does not change.
- Smart contract risk does not change.

1/6

Quoting Morpho Labs 🦋 (@MorphoLabs)

1/ Today, we unveil the Public Allocator

A new feature that provides borrowers with just-in-time liquidity by reallocating liquidity between markets to increase the borrowable liqu......

3 days ago Tweets

Morpho Blue unveils the Public Allocator, providing borrowers with just-in-time liquidity

Venice.ai

Announcing Venice

Today, we launch private, permissionless AI for the purpose of unfettered civilizational advancement: http://Venice.ai

Full announcement:
https://www.moneyandstate.com/blog/the-separation-of-mind-and-state

@TryVenice

A thread...
1/17

3 days ago Tweets

Venice.ai

Ethena 2024 Roadmap: The Holy Grail: Internet Money

This post is intended to outline the roadmap and unified vision for Ethena in the coming months.

i) Why we believe Ethena is important
ii) What we are excited by: USDe convergence of DeFi, CeFi, TradFi
iii) The Ethena Endgame: Money, Network, Exchange

3 days ago Reads

Ethena 2024 Roadmap: The Holy Grail: Internet Money

9th May 2024

Pantera’s TON Thesis

4 days ago Reads

Pantera’s TON Thesis

The Role of Reth with Georgios - ZK Podcast

Zero Knowledge Podcast is a show about zk proofs and other blockchain tech. Learn about the latest in zero knowledge research, cryptography-enabled privacy tech.

4 days ago Podcast

The Role of Reth with Georgios - ZK Podcast

Verifiable Compute: Scaling Trust with Cryptography

Verifiable compute is poised to become as important of a technological revolution as blockchain itself. It encompasses the commercialization of various cryptographic techniques that can be collectively as impactful for blockchains as HTTPS has been for the internet. While many technological hurdles and barriers to adoption exist, the density of sheer brain power pushing its limits points to an optimistic (or rather verifiable) future.

4 days ago Reads

Verifiable Compute: Scaling Trust with Cryptography

Hybrid order type (HOT) - AMM by Arrakis Finance

Introducing HOT: An MEV Aware, Intent-Centric AMM Design

With better outcomes for LPs and token issuers through a first-of-its-kind intents based approach to on-chain liquidity.

4 days ago Tweets

Hybrid order type (HOT) - AMM by Arrakis Finance

Solana Bandwidth Markets

1/🧵Solana SWQoS & Bandwidth Markets

Over the past few months, Solana has struggled with congestion issues, resulting in dropped transactions & processing delays.

One of the solutions to this is Stake Weighted Quality of Service (SWQoS).

Let's dig into SWQoS & Our new innovation, "Bandwidth Markets"!

4 days ago Tweets

Solana Bandwidth Markets

Examining the Based Sequencing Spectrum

The introduction of based sequencing once again highlights the crucial position of the Ethereum L1 proposer. However, how do we reconcile the high sophistication requirements of providing preconfirmations on rollups with the necessary simplicity of L1 proposers? If outsourcing sequencing is the way forward, how do we classify a system as based?

4 days ago Reads

Examining the Based Sequencing Spectrum

Binance Surveillance Team found DWF Labs Engaged in Market Manipulation

*Binance Surveillance Team found DWF Labs Engaged in Market Manipulation, Sources Say -- WS:: BBG

5 days ago Tweets

Binance Surveillance Team found DWF Labs Engaged in Market Manipulation

8th May 2024

Delphi Pro - The Revival of MakerDAO: Unpacking The MKR Thesis

  Introduction What has historically been indiscriminately punished for its lack of innovation and conservative organizational posture could be on

5 days ago Reads

Delphi Pro - The Revival of MakerDAO: Unpacking The MKR Thesis

House Overturns SAB 121

Historic moment — first ever vote on a standalone crypto bill in either chamber of Congress.

21 Dems joined with all the Rs (with 10 of each party not voting) to approve the repeal of SAB 121. 🔥

5 days ago Tweets

House Overturns SAB 121

Raising the Gas Limit Part 2 - Paradigm

how to raise the gas limit, part 2 ⛽⛽

1. the goal = raise the gas limit
2. the approach = use lots of data
3. the focus today = 𝐇𝐈𝐒𝐓𝐎𝐑𝐘 𝐆𝐑𝐎𝐖𝐓𝐇

very excited to release our latest research on the LARGEST + LEAST DISCUSSED factor holding back Ethereum's gas limit

5 days ago Tweets

Raising the Gas Limit Part 2 - Paradigm

Five perspectives on stablecoins - Nic Carter

At this point, stablecoins are a demonstrated success — crypto’s first killer app. The data on this front is abundant and increasingly clear. As I have argued, stables have dollarized the crypto market, and they are crypto-dollarizing a whole host of economies, particularly in emerging markets. There is an important discussion to be had about the long term prospects for native tokens like Bitcoin, Solana, or Ether in a world where almost all transactions on chain are settled in stables, but that...

5 days ago Reads

Five perspectives on stablecoins - Nic Carter

Crateplace Launch to Tokenize Music

We are on the verge of launching another crypto app that will take crypto twitter by storm. This app not only enables anyone to become a musician but also equips them with a new set of crypto tools to compete against the algos and network effects of social media

We are currently experiencing an era where various media channels—such as audio, video, pictures, memes, and sports—are all being tokenized.

Each of these mediums allows creators to now tokenize their work, enabling it to move frictio...

6 days ago Tweets

Crateplace Launch to Tokenize Music

7th May 2024

FTX Plan Summary

Quick Summary Of FTX Plan:
Customers < 50k get 118% back within 60 days of plan confirmation (Q1 2025ish) - this reps 96% of the customers

6 days ago Tweets

FTX Plan Summary

FTX Creditors to Receive 118% of Claims (Priced at Bear Market Lows)

FTX- 98% OF FTX CREDITORS TO RECEIVE AT LEAST 118% OF ALLOWED CLAIMS IN CASH WITHIN 60 DAYS OF EFFECTIVENESS - RTRS

6 days ago Tweets

FTX Creditors to Receive 118% of Claims (Priced at Bear Market Lows)

30th April 2024

A Pro Member asked...

Saw the Reads post about Sui-Google partnership and seems to me that Sui’s zklogin (which can use 0Auth credentials) could be a big step for
Yeah I think that zklogin is one of the better shots/architectures at getting retail adoption. Sui’s main issue right now isn’t the tech, I’m a fan of everything they’re doing there. They just don’t really have much of an ecosystem yet. The hardware ...

A Pro Member asked...

NEAR seems to be holding up pretty well recently compared to BTC and other L1 tokens. Are there any recent developments or new apps launchin
NEAR kind of has a bunch of narratives going for it right now and is also fully unlocked. There’s not really new adoption but they have NearDA, are building chain abstraction, the whole AI angle, etc. https://x.com/NEARProtocol/status/1772809530671...

A Pro Member asked...

Following up on my previous question about Cosmos, why would a team choose to launch a Cosmos app chain versus launching an L2/rollup on ETH
From the top of my head, I would say internalize MEV and having more customizable space to innovate are the main ones to choose to launch an appchain over an ETH rollup. The majority of rollups today don’t capture any value out of their users’ acti...

24th April 2024

King $COIN's Calculated Moves

With Q1 earnings season on the horizon, and with Coinbase reporting on May 2nd, we wanted to highlight one of our newest tools made available to Delphi subscribers: The Coinbase Transaction Revenue Calculator. Recalling our exploration into the over...

20th April 2024

Rune Pups vs BRC-20 Update

In a recent AF post, I looked to see if there was upside in buying Rune Pups ordinals vs PUPS BRC-20. I outlined some very optimistic scenarios for holding a rare Rune Pup. The team has finally released the actual allocation based on Rune Pup type so...

12th April 2024

A Pro Member asked...

Does anyone have strong conviction in what the next big narrative will be and where attention is going to flow? Seems like we’re in a bit of
I put this narratives AF post out the other week and still mostly agree with it: https://members.delphidigital.io/feed/tracking-current-narratives?&utm_source=link&utm_medium=portal I think I would put all of the BTC ecosystem stuff higher, especial...

11th April 2024

Which to buy, PUPS BRC-20 or Rune Pups?

Another token near the top of the Bitcoin meme wars is PUPS. With the recent pumping of the PUPS BRC-20 and Rune Pups floor as of late, the question is “Which to buy, PUPS BRC-20 or Rune Pups?”. In order to answer this, we will go through 4 (of many...

16th March 2024

Thesis 404

With market attention now primarily on Solana, memes, and BTC flows, I felt it was an excellent time to refine my thesis on the opportunity around 404s. 404s are a catch-all term I am using for semi-fungible proto-token standards that combine tokens ...

10th January 2024

Spot BTC ETF and Visa Transaction Fees...and Coinbase

With the spot BTC ETF approval around the corner, this image came up. It reminded me of Visa and MasterCard’s duopoly on electronic payments. Visa and MasterCard process 15-20 trillion dollars annually (and growing). Visa and MC are in the business ...

1st November 2023

$RUNE Rally Is Based On Fundamentals

Since the last, “Fundamentals Outcompete Price On THORChain” Alpha Feed post, $RUNE appreciated more than 3x, outcompeting the rest of the market. In the chart below, I take a look at how Rune price fairs against Non-Rune TVL. I define Speculative M...