Those viewing from the outside might think so, but its important to step back, zoom out and keep a level head on what’s going on. Firstly, what i’m most excited about: The confluence of AI and NFTs means it’s easier than ever to build a bottoms-up I... Read more

Many DAOs have a problem – they can’t die. Bankruptcy, dissolution, and creative destruction are essential to any well-functioning market. No one wants a market based on unprofitable zombie corporations (unless you’re a central banker). A healthy eco... Read more

“Psyops” is a word that gets thrown around a lot on CT — sometimes accurately, most times not. Do Kwon’s infamous “steady lads” was pure psyops. Random Twtrr anons fudding [insert: ur fav internet money security coin] is not. Psyops is short for ps... Read more

Since the launch of Blur’s incentivized bidding system in mid-Feb, the number of unique users by completed trades has plummeted by 75%. Blur incentivizes traders to bid ETH near floor prices to create tight price intervals. Theoretically, tighter ra... Read more

Piggybacking on Ceteris’s previous post, it appears that Celsius has transferred 428K stETH tokens, which are now likely to be converted into ETH as part of their bankruptcy proceedings. They currently hold ~277K ETH in their withdrawal vault, allowi... Read more

Lido’s stETH withdrawals went live today and in the first few hours just under 300 ETH has been initiated for withdrawal. Celsius moved their 428k ETH ($785M) 10 minutes before withdrawals opened up and are expected to initiate the process soon. The... Read more

The Virtual Automated Market Maker (vAMM) NFT Perpetuals protocols today use a modified virtual AMM (vAMM) model for price discovery and store all the traders’ collateral in a smart contract vault. It acts as an independent settlement market where a... Read more