Frenpet, an idle game on Base, is quietly seeing a lot of success over the past year. The app is built on a browser, and the creation process is fully abstracted through Privy + paymasters. $FP FP is the native token of Frenpet. On each trade, there is a 4% tax: 2% for player rewards, 1% to the developers, and 1% as liquidity. When FP is ... Read more

I have galloped into the infinite abyss upon a $GOAT with narrow hips. My lids are cut from mine eyes, and i can see now… (clearly)… this memecoin is not like the rest. It’s not like any other coin at all. It’s a creation from the far side of the singularity. For the uninitiated, climb (now) aboard the goat with n... Read more

Over the past month, three of the largest DeFi applications — Uniswap, Hyperliquid, and Ethena — have all officially announced the release of their own general purpose blockchains. Collectively, these decisions seem to hinge on the belief that it is apps and not blockchains that ultimately control the end-user. In other words, if users go... Read more

Why are people talking about Web3 gaming again? Well, something happened last week. AI, RWA, and DeFi are all high-potential sectors in crypto that will very probably change our world – if they are not doing so already. They fundamentally change the rules we play by and will eventually unlock massive capital efficiency all around t... Read more

The Great EIGEN Point Harvest of 2024 is over, folks! DeFi teams like Pendle, Gearbox, and Liquid Restaking protocols are packing their point-farming equipment and will soon be moving onto other product offerings. The $11.5 Bn question With Eigenlayer’s TVL creeping up to an astounding $11.5 billion, someone (I) need to ask: Where&... Read more

Post Fiat is a token developed on the Ripple L1 by Good Alexander, a X user who has gained a reputation of being incredibly intelligent and forward-thinking. Through different tweets, he has sparsely mentioned Post Fiat, a token designed to decentralize XRP through LLM Models. The idea is to do this through replacing Ripple Labs with AI... Read more

For years now there’s been a calling for people to stop building infrastructure and build consumer applications. Why would crypto get adoption if there were no applications? This, amongst other things, was the rational people used to justify the lack of adoption crypto has seen thus far. The reality now is that we actually do have consu... Read more

Yesterday, Uniswap announced Unichain. Off the bat, a lot of people took this as a confirmation of the “appchain thesis” and that appchains are due to proliferate. However, this take is wrong. Unichain is not an appchain. Unichain is Uniswap, the brand, launching a performant general purpose chain. It is the antithesis of an appchain, it ... Read more

The question of where value will ultimately accrue within the blockchain stack can be reduced to a simple framework. For each respective layer of the crypto stack, ask yourself the following question: If a product within this layer increases its take rate, will users leave for a cheaper alternative?  In other words, if Arbitrum increased ... Read more

This is an excerpt from “Markets Will Save the World” We talked about the why; now it’s time to talk about the what. MetaDAO’s initial implementation of futarchy is elegant in its simplicity. Every major decision the DAO faces — like whether to build a new product or burn 99% of the treasury — is subject to a market. The market asks trade... Read more