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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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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Web2 ridesharing applications like Uber and Lyft face a significant issue: recruiting riders and drivers is very expensive.
This leads to companies charging riders more and taking over 44% of the total fare.
This system is broken for everyone: ridesharing applications profit less, drivers make less, and riders are charged more.
TRIP s
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Renzo has recently made two major announcements – the launch of $ezSOL and a proposal endorsed by the ACI (Aave Chan Initiative) to establish ezETH as collateral on Aave.
These announcements are a testament to the effort the Renzo team has done to establish their protocol as a prime spot for liquid restaking.
ezSOL is the first
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Over the last few months, Proof of Play‘s Pirate Nation has grabbed significant mindshare within the Web3 gaming sector. Led by one of the key minds behind Farmville and backed by $33M in funding, the team’s successful product-centric GTM campaign will likely impact how other Web3 teams approach their pre-TGE strategy. By strongly priorit
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Payy is attempting to solve the severe UX issue that is inhibiting crypto from being mass-adopted.
The underlying issue with the UX is that it’s too complex.
Currently, to transfer funds to someone, you need to copy their address from somewhere, open up a wallet, and make sure you have enough gas money to send the transaction. If they
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