MetaDAO is my highest-conviction low-cap altcoin. And this is my thesis.

metadao.fi

But first, let’s lay some groundwork — WTF is MetaDAO?

MetaDAO is building decision markets. It’s similar to Polymarket but with some key differences. In a prediction market, you bet on what you think will happen. In a decision market, you bet on what you

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Usual is attempting to create a decentralized Tether: a stablecoin issuer that distributes treasury yield to stablecoin holders, and distributers ownership of the infrastructure through $USUAL.

USD0

USD0 is the flagship product of Usual backed exclusively by U.S. Treasuries with ultra-short maturity.

Currently USD0 is only mintable thr

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Months after DeGods migrated back to Solana – which obviously resulted in memes about this marking the top for Solana, Frank announced that DeGods HQ was moving from Discord to Telegram, bringing the community closer and embracing more the current “memecoin meta.” This is not the first time an NFT collection has done this (the most notori

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Plume is an L2 built on the Arbitrum Nitro stack designed to be a global hub for RWAs.

The chain unlocks total RWA composability while maintaining compliance.

They raised $10M in May 2024, and are currently live with their testnet.

Structure

The RWAs that can be tokenized on Plume range from sneakers to restricted securities.

The ne

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Reservoir officially launched today with the mission of building a decentralized, scalable, efficient, and yield-bearing stablecoin.

Reservoir is built on Ethereum and includes four products: the stablecoin rUSD, yielding asset srUSD, term-based yielding asset trUSD, and a permissionless lending market built on Morpho.

Architecture

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So far this cycle, fundamentals plays have been few and far between. Banana Gun offered a strong fundamental thesis as cash flow generating picks-and-shovels of memecoin mania, with growth potential as crypto mobile and trading terminal. At the time... Read more

Today, Drift Protocol launched BET – capital-efficient prediction markets on Solana.

This is the first prediction market design that I think stands a chance to compete with Polymarket.

Unique Selling Points

BET offers four unique selling points (USPs). I ranked them by their importance in taking market share away from Polymarket.

1. Avai

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Parallelization has been all the rage lately. About 12 L1s are building super-fast execution environments that would supposedly onboard the “next billion” users. But there’s a catch. Here is a snippet from our report https://members.delphidigital.io/reports/beyond-the-meme-of-parallelization-solving-for-state-growth

The benefits of parall

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Superstate is an asset management firm developing tokenized investment fund infrastructure.

Superstate is led by Robert Leshner, previous founder of Compound Labs. In November 2023, they raised $14M in a series A co-led by Distributed Capital and CoinFund.

The Superstate Industry Council (SIC) is a collective of institutions pushing Su

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This is a Snippet from “Solana the Modular”

MagicBlock, instead of building a general purpose rollup, is extending execution using ephemeral rollups. It is taking advantage of unique account structure of Solana – executable and non-executable accounts and PDAs (Programmatically derived addresses). Using PDAs, the execution for accounts ca

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