Recent Research 📊 Ghosts of Cycles Past – The Early Innings of a New Cycle? – 8/11 This month, we’re embarking on a deeper exploration of why we believe that we’re in the early stages of a new cycle and a few high-conviction ideas to capitalize on... Read more

About a year ago, one of the most celebrated crypto traders, GCR, posted his thoughts on future altcoin trends, which you can read by clicking here. To save you the click, he essentially imagines a future where every entity will be tokenized. Althoug... Read more

Whether you, I, or the Uniswap team want to admit or not; UniswapX is a tacit admission of defeat that the largest DEX doesn’t believe on-chain markets will provide best-in-class trade execution. Now, for the leading DEX to come to that conclusion an... Read more

I am not usually one to comment on whether I think governance proposals is good or bad. I generally like to be a neutral observer as the protocols and consensus methods are highly novel, and there are bound to be hiccups and challenges all along the... Read more

GM Everyone We just wrapped up our AI Series on The Delphi Podcast. We wanted to share each episode here with a brief summary so you can tune into the one you find most interesting. Andrew Kilbride and Matthew Lewis: TestMachine’s AI Is Attacking... Read more

A weekly selection of important governance threads to follow: EDSR Decreases to 5% Rune is proposing a modification to MakerDAO’s EDSR. Initially, Maker set the EDSR to 8%, decreasing to 5.8% when the DSR utilization hit 20%. The EDSR has been so s... Read more

Bitcoin Ordinals changed the game for Bitcoin. For the first time in a while, Bitcoin had something it had rarely had: blockspace demand. As readers know, Ordinals allows users to store data directly on Bitcoin. Enterprising developers and users hav... Read more

Source: https://makerburn.com The recent proposal to raise the DAI Savings Rate (DSR) from 3.19% to an Enhanced DAI Savings Rate (EDSR) of 8% was aimed at stimulating growth and demand for DAI by enhancing the attractiveness of the DSR. As a result... Read more

There’s a lot of threads floating around that explain crvUSD in a lot of words, when a few words will do the trick. So here’s crvUSD in 260 words: crvUSD is a CDP stablecoin like DAI or LUSD. Its key feature is the use of soft liquidations. When nea... Read more

I regularly curate a list of things across the crypto space that I personally find quite interesting as part of my hunt for early narratives. Thought I’ll share a few of them this week: I’m been thinking that prediction markets (e.g. Polymarket) co... Read more