In the last two weeks, both major Optimistic Rollups (Optimism & Arbitrum) have indicated an upcoming increase in float. But we know that not all float increases are created equal, thus paving the way for the astute to extract value from market ineff... Read more

On-chain yields have become dry, and newly launched yield farms do not last long. Here, I will share some creative strategies to generate yields through a delta-minimized lens. Our focus is on tokens with single-sided staking rewards paired with a p... Read more

This morning I do the same thing I always do… I checked the price and realized that they were bad prices. Equities markets are selling off and after a decent start to the week with BTC rallying out of the local lows at $25K to nearly $27.5K, prices h... Read more

Here are some of the governance threads I recommend you stay abreast of: Arbitrum’s Incentivized Governance Arbitrum has proposed an experimental incentive system for delegates. Incentivizing governance participation is a hot topic in governance ci... Read more

Last week was Token 2049 in Singapore — probably the biggest crypto conference in Asia. Surprisingly, the attendance was larger than last year despite the bear market. Sharing notes from my anecdotal observations & conversations with people there.... Read more

Last week, I began tweeting about some rather anomalous behavior that I was noticing occur on TRB. Specifically, I was noticing prolonged periods of EXTREMELY negative funding. Additionally, we notice 24H volume levels exceeding that of most majors.... Read more

Eclipse announced their SVM rollup today. The architecture has many moving parts, and will be constructed as the following: Settlement: Ethereum for the validating bridge and to use ETH as gas token DA: Celestia for scalability Execution: SVM (Sol... Read more

Jito — the MEV-powered liquid staking provider on Solana — just became the latest DeFi protocol to launch a points program. We’ve been following Solana’s points meta for awhile, so see this blog post and Ghost of Cycles Past report for more deep dive... Read more

Prisma will be increasing its debt cap for all four of its liquid staking collateral on 15 Sep 2023 at 12pm UTC. (Tomorrow) As a primer, Prisma is a CDP-based stablecoin protocol specifically targeting liquid staking tokens (LSTs). Here, they allow... Read more