The majority of chain abstraction protocols are attempting to solve the UX issue that comes with rollup interoperability.
XION is taking a different route through building an L1 network that includes full protocol-level abstraction. The chain is built using the Cosmos SDK and Comet BFT.
They have raised $36M from Multicoin, Circle Vent
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MakerDAO has officially undergone its long anticipated rebranding. Going forward, MakerDAO will be referred to as Sky Protocol. Given the mixed sentiment around the rebranding, let’s unpack the changes accompanying Sky.
At a high level, there are five major changes coming to the protocol:
MetaDAO is my highest-conviction low-cap altcoin. And this is my thesis.
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 is the flagship product of Usual backed exclusively by U.S. Treasuries with ultra-short maturity.
Currently USD0 is only mintable thr
...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.
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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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.
BET offers four unique selling points (USPs). I ranked them by their importance in taking market share away from Polymarket.
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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