the coins are back in town

there’s not really a single focus. would say there’s good energy around defi and a lot of people expecting momentum to keep up along with token launches. drip is doing an all day thing today, they’ve integrated solana pay into the vending machines which is cool. just tap your bracelet and have a usdc payment on-chain. went to a firedancer talk with kevin bowers yesterday, ngl a lot was over my head but these guys are truly the gigabrains of the industry imo.

i don't believe in the fear & greed index at all. it was at basically 0 for the entirety of the end of 2021 through all of 2022 and we just went straight down the whole time

sui has some cool stuff, they launched zkLogin the other day. Will be harder to create die-hard community with token imo but I do think there's some stuff there worth paying attention to.

yeah so this is everyone's q. the cop-out answer is that everyone shares in the pie. eth maintains monetary adoption vs other assets, celestia gets demand for their da and solana expands their developer eco and tooling. we should keep in mind though that this rollup won't have as much throughput or capacity as solana l1 so for teams that need max performance they will stay there. there are also many solana teams that are aligned with the solana vision. eclipse will therefore, imo, need to convince new and/or ethereum developers to try out the svm. if this rollup is successful, then you will have essentially onboarded new developers to svm that may have not been previously, along with more resources directed towards svm tooling. teams can even test out svm on eclipse and then migrate to solana l1 if finding success. so, value accrues everywhere kind of if this is successful.

1. sequence other op stack chains
2. launch base token
3. ???
4. profit

there's definitely merit to the limits of chats, it's just something that will cause some creators not to join. i think ft just limits its potential universe of users if it's strictly a paid group chat, but you can argue the tradeoff is worth it.

the biggest thing that really needs to be adjusted imo is just around the exit strategy (which a flatter curve also makes less painful for all).

https://app.cielo.finance/feed/preview/4930-Friend.tech-Top-50?chains=base&txTypes=swap

https://youtu.be/pS-ayiCKhBQ?feature=shared Tim Roughgarden has pretty good videos. This one is high-level tendermint but there are more in-depth ones and other BFT ones as well. https://ancapalex.medium.com/a-cursory-introduction-to-byzantine-fault-tolerance-and-alternative-consensus-1155a5594f18 this is also a good short read

https://dune.com/murathan/hivemapper this is for hivemapper, render doesn't have any public data afaik and i've looked for it. only thing i could find was blog posts: https://medium.com/render-token/render-network-q2-highlights-part-2-network-statistics-ac5aa6bfa4e5. when they launch their burn and mint module on solana you'll be able to get better real-time data

hmm, looks like their site learn.figment.io is down... not sure if temporary or not. this is another shorter version https://figment.io/insights/solana-tech-stack-overview/. hopefully the original comes back b/c it was good.

i don't think so. as some rough math, atom gets 15% of stride lst rewards which has a current run-rate of ~$100k/yr that should continue to scale up (although a large portion of this is just recycling atom inflation back to the hub). neutron is recently launched so not much income in the form of gas fees + mev yet.

yeah, they're left in a tough spot. i agree w/your points. a filler could use usdd/cctp & cex's in back-end to complete a cross-chain bridge transfer. bridge lp sustainability is also tough b/c fees aren't enough to make the risk of being a bridge lp worth it, you have to issue tokens. a few fillers could kind of dominate bridging, keeping assets siloed on each chain and just use cctp to rebalance when needed.

points is kind of ongoing now with marginfi. cypher was doing it too before they unfortunately had an exploit. for lsts, marginfi points have been a big boost to minting those plus superstake (leveraged lst on drift) and meteora lst pools. cNFTs have mostly been used by drip so far but tensor just did their mint using them and have been hinting at some cool experimenting with them. so, there's not really an "eta", they're happening right now. i want to see some of the payments/social/messaging apps take off b/c that's truly a unique area where solana can excel.

what do you think is the biggest risk to the 4-yr cycle not lining up this time?

i don't think they want it fragmented but was kind of just an unfortunate byproduct of hooks. uniswapx is kind of like letting the free market develop routing.

i believe the money needs to just sit there in the l2 "spending account". there's probably a way to claim yield on the l1 savings account though and automatically send to the l2. don't think this is live yet but seems like a reasonable thing to implement.

yeah, i think lps will either stop or shift to move mev-aware designs. for example, something like skip's protocol owned builder which auctions off top of block can capture and redistribute a lot of cefi-defi stat arb. a bit trickier to do in ethereum b/c you don't control consensus as an app but we'll see more design here. for long-tail i think amm will always have this market. amms are great for long tail.

yeah, you don't need the challenge window to pass with cctp. cctp takes ~20 mins but there's no slippage as it's burn/mint. if you absolutely need funds as fast as possible then some protocol bridges are still faster.