We went from a classic crypto summer to the dog days of summer....Back in the day, Bitcoin used to eat -25% drawdowns for breakfast....Since the days of Achilles and the ancient Greeks, the dog days of summer and the oppressive heat they...The good news is the dog days of summer are behind us, and a classic crypto summer is set to bloom....100 days.

Quick Valentine’s Day Update Love (for crypto research) is in the air....The new Delphi Daily will include: Featured “Chart of the Day” (and details on why it matters) Highlights...from our latest sector newsletters (more info on these below) Tweets of the Day Occasional “Pro Takes...Quick Valentine’s Day Update Love (for crypto research) is in the air.

[pdf-embedder url=”http://cdn.delphidigital.io/uploads/2020/07/Macro-Bitcoin-Breaks-200-Day-MA-Whats-Next..._-1-19-2020.pdf” title=”Macro – Bitcoin Breaks 200-Day MA, What’s Next_ – 1 19 2020″]...

DAI Redeems Itself DAI and MakerDAO have gotten a lot of backlash in the past few months for having...As a decentralized stablecoin, it’s obviously not ideal for DAI to have a majority of its asset backing...If regulators asked CENTRE — the consortium that runs USDC — to blacklist USDC in Maker, DAI would be...

Users would hold a free-floating DAI if they could farm ‘MetaDAO’ tokens to offset any decline in DAI...DAI....They would then issue over-collateralized DAI against it....POVs allow Maker to take advantage of negative DAI rates and more directly stabilize free-floating DAI...considerable disruption to Maker and DAI holders.

UST Overtakes DAI UST and DAI have been neck-and-neck in terms of market capitalization, with UST briefly...overtaking DAI as the 4th largest stablecoin last week....Yesterday, UST overtook DAI more decisively as had been trading higher for at least the last 24 hours...

Today’s Digest Crypto markets enjoyed a green day during the Asia and Europe sessions, with the market...Over the past couple of days, UST has returned back to its peg....Users can deposit USDC and mint DAI or sell DAI for USDC at 1:1 ratio....This has drastically improved DAI’s peg retention.

DAI is Collateralized by Mostly Stablecoins Again DAI, a crypto-collateralized stablecoin by MakerDAO...Many criticized DAI for being backed by 60% stablecoins, as it means that DAI is also exposed to the...Further worsening the asset makeup of DAI, more stablecoins have been deposited into MakerDAO since the...

Breakpoint is on day 2 but really the 3rd if you include MEV day on Sunday....MEV day was hosted by Jito (the MEV & liquid staking network) and included talks mostly from DeFi...The first official day of Breakpoint was Tuesday....That was basically day 1....There are three more days left and I’m expecting a few token announcements to be made.

This will be a short update on Bittensor’s recent chain halt, focusing on how it happened, how it was fixed, and what it exposes about the network. I’ll assume you have a general sense of what Bittens...

Bitcoin Twitter, a sub-set of Crypto Twitter focused on discussing, debating, and fighting about Bitcoin, has recently revived a controversial discussion around Bitcoin sidechains. Initially proposed...

Uniswap v4 was announced today, ushering in the next chapter of decentralized exchange design. Uniswap v4 can be boiled down to two key improvements: hooks and advanced architecture. Hooks Hooks...

Bear episode as we navigate the ‘Dog Days of DeFi Summer’, spotlighting Uniswap’s trends and Unibot’s...Bear episode as we navigate the 'Dog Days of DeFi Summer', spotlighting Uniswap’s trends and Unibot's...

Source: https://makerburn.com The recent proposal to raise the DAI Savings Rate (DSR) from 3.19% to an...Enhanced DAI Savings Rate (EDSR) of 8% was aimed at stimulating growth and demand for DAI by enhancing...Over the past day, this shift has prompted a substantial inflow of DAI into the DSR, increasing the total...

...dba released all of their talks from their recent research day and I watched them all.

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 cr...

...million liquid, non-dilutive $PLUME via Royco’s Incentived-Action Markets (IAMs) over the next ninety days—the...All markets have a 90-day soft lock—capital can leave at any time, but PLUME rewards vest only if the...USDC Vault will initially take in USDC, bridge it from Ethereum to Plume, and then allocate to the 90 day...

Expiry days are always a bit finicky....All in all, today should be a fun day.

...with majors (DAI/BTC, DAI/ETH), Curve including it in the 3pool with USDC/USDT— all without Maker having...Because people wanted to hold $DAI beyond just the yield subsidized by Maker....So, let’s look at the evidence: where’s $DAI and $USDS sitting?...* Pay for integrations that $DAI got for free....USDS is freezable, whereas $DAI is not.

Magic Eden has only supported Ordinals for a few days, but already it is beginning to capture a large...In the five days since Magic Eden has supported Ordinals, they have done $580K in volume.