Top Results1745 results
Risk Analysis on Centralized Stablecoins
In our report, we will examine the factors that contribute to depeg events, analyze each centralized...from a bank run due to a mismatch between the duration of their assets and liabilities....UST-LUNA Bank Run: UST is an algorithmic stablecoin....However, as these stablecoins are not widely used in DeFi and centralized exchanges (CEXs), we will focus...
12 Min
Stablecoins
Apr 2023
Avoiding the Real Banking Iceberg
...major source of UST demand, that supply will have to be absorbed by the private sector and foreign central...banks....Over 40% of US federal debt held by the public has a maturity of less than 2 years....DeFi faced a stress test, leaving questions about the ecosystem’s vulnerability to centralized risks.
38 Min
Global Macro Themes
Mar 2023
Finding the Fun in Fundamentals #2 - Wemade
One of the main access points is WEMIX PLAY, a central hub for all game-related activities....The token briefly ran 50% ($2-$3) in the weeks leading up to release before continuing to chart a seemingly...
18 Min
Gaming
Jun 2025
Solo, Liquid, or Centralized: A Guide to Staking ETH
...choosing to stake ETH, you have a variety of avenues to explore, including liquid staking protocols, centralized...EL rewards since the Merge)) AWS Region affects pricing, we will be using US West (Oregon) us-west-2...Furthermore, its centralized structure represents a vulnerability, as it constitutes a single point of...
16 Min
Liquid Staking
Jun 2023
DAO Banking: Beyond Tokens
So, going over a few expiry prices: $2 SUSHI: holders would redeem for 25 SUSHI/100 range tokens, worth...For example, if a token is trading @ $8 on secondary and a 2 year call with a strike of $25 is worth...who had their balances drawn on are still earning 10% even though new offers have come in since at 2%...
24 Min
DAO
Jun 2022
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
Part 2 – Applications In Part 1 we have overviewed Anoma’s intents and seen how they compare to Ethereum-style...“Part 2: WTF are intent-based apps?”...has 2 sections; First, we take a look at some existing intent-based apps across various verticals that...It has 2 modes of operation; fast and slow.
24 Min
Layer 1 / L1
Sep 2023
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
...holdings: use an illiquid product like Sovryn on Rootstock, wrap their Bitcoin and send it to Ethereum (centrally...woes of Sovryn, minimal subsequent functionality of the loan with THORChain, and counterparty risk/centralization...In the end, it’s reasonable to assume this cohort of users actually trusts centralized businesses like...
47 Min
Layer 1 / L1
Jan 2024
Stablecoin Lending Declines, Hop Protocol, DAO Banking
Exchange – Bridging Aggregator StarGate – Multi-network bridge for Stablecoins Hop Protocol – Layer-2...DAO Banking: Beyond Tokens [Excerpt from a Delphi Pro Report] Since DeFi started taking off in 2020...A thread🧵 — Jaran Mellerud (@JMellerud) June 27, 2022 Arbitrum Odyssey Week 2 Arbitrum Odyssey:...
6 Min
Lending / Borrowing
Jun 2022
ENS Registrations Spike, DAO Banking, Resource Extraction In The Metaverse
DAO Banking: Beyond Tokens [Excerpt from a Delphi Pro Report] The first major instance of a DAO financing...So, going over a few expiry prices: $2 SUSHI: holders would redeem for 25 SUSHI/100 range tokens, worth...For example, if a token is trading @ $8 on secondary and a 2 year call with a strike of $25 is worth...
10 Min
Layer 1 / L1
Jul 2022
Axie Part 2 - Gamer Economics
Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...flat throughout the month while Mystic 1 Axie floor price grew from 5.5 ETH to 9.99 ETH and Mystic 2...
9 Min
Games
Jul 2021
BAYC Gets BendDAO-ed & Internet Game Season 2
Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr....Key issues faced by BendDAO in the past week: A “Bank run” on the ETH deposit contract happened a few...
11 Min
NFTs
Aug 2022
Infrastructure
Jun 2019
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...
1 Min
Infrastructure
Dec 2020
Reserve & Celo - Part 2
...https://storage.googleapis.com/members-portal-bucket/uploads/2020/07/Research-Report-Reserve-Celo-Part-2-...5-31-2020.pdf” title=”Research Report – Reserve & Celo – Part 2 – 5 31 2020″]...
1 Min
DeFi
May 2020
World Update (2 Months Later)
...high level numbers as of the mid-May (the 18th to be exact): And now (July 28): In just over 2...World App users grew 16% from 26.7M to 30.9M, maintaining the ~2:1 ratio between app downloads and completed...For now, the gap between user demand (evidenced by the 2:1 app-to-verification ratio) and Orb availability...
6 Min
Artificial Intelligence
Jul 2025
The Shift to Layer 2: A Potential Disruption Catalyst for the AMM Ecosystem
...and then encourage liquidity providers to move over from the main pool to the layer 2 equivalent....Ideally a user executing a swap on the ETH-USDC pool on Unipig (Uniswap fork on the Optimism layer 2)...Ideally as a user, regardless of whether interacting with the ETH-USDC pool on layer 1 or on layer 2,...
5 Min
Layer 2 / L2
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
Unlike the majority of social technologies that came before it, it does not rely on centralized entities...Donations by individuals are matched by a central pool (in this case the Ethereum Foundation) according...Central funders may want to fund public goods but not know which are worth funding.
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
Unlike the majority of social technologies that came before it, it does not rely on centralized entities...Donations by individuals are matched by a central pool (in this case the Ethereum Foundation) according...Central funders may want to fund public goods but not know which are worth funding.
11 Min
Asset Management
Nov 2020
Bitcoin vs Banks: The Correlation That Shouldn't Exist (But Does)
...can now be framed not just as a tech-forward bet, but as a play on global capital system evolution.   2....Since 2020, the entire market has been repriced by central banks....But Bitcoin is not just like a bank – it is a bank, and a reserve, in a single unified architecture....Their reserves are held in USD, T-bills, and central bank deposits.
10 Min
Macro & Markets
Jul 2025