In Comet there are 3 steps in consensus: propose, pre-commit, and commit....The more validators you have, the longer it takes to propagate data to all of them and get 2/3 to commit...Then another round “3” runs later, again committing new blocks (X3) with referenced certificates.

...into Bitcoin’s outlook as BTC enters back into the limelight after taking a backseat to the “summer of DeFi...

There are countless projects competing to build the most robust spot market in DeFi....Aggregators will connect to all of these protocols to enhance the UX of DeFi....In DeFi, we’re seeing competition amongst protocols brew in a similar fashion....For certain DeFi blue chips, Sushiswap has deeper liquidity than Uniswap.

In 2020, the worlds of decentralized finance and NFTs collided dramatically as the DeFi Summer drove...As the DeFi boom subsided towards the end of summer, the NFT space began to see its highest volumes since...On the one hand, DeFi can provide a dramatic expansion of utility, functionality, and access to more...

DeFi Summer Four years ago, DeFi “Blue-Chips” such as lending protocol AAVE and derivatives protocol...increased at least 25% in 2023 – Created in the past 2 years Our initial chain filter leaves us with 3...Rather than myself trying to weigh these protocols against one another, I’ll simply choose the 3 that...

Despite launching in May 2020, the Web 3 Foundation – which developed Polkadot – has been hard at work...the basics of Polkadot’s mechanics while highlighting a few stand-out projects that are helping build DeFi...

Market Update With L1 szn taking hold of crypto markets, DeFi coins have fallen out of favor over the...into an index for Solana and Ethereum DeFi tokens....its outperforming individual DeFi tokens in light of SOL’s stellar rally....fit relative to all other sectors of DeFi....DeFi money markets are as strong as they ever have been.

Despite the prevailing market conditions, Binance facilitated $3 trillion of perp volume in May and $2...that perpetual futures are incredibly important for crypto — and now they’re making their way into DeFi...Earlier this year, we published a deep dive into DeFi perpetuals.

In 2020, the worlds of decentralized finance and NFTs collided dramatically as the DeFi Summer drove...As the DeFi boom subsided towards the end of summer, the NFT space began to see its highest volumes since...On the one hand, DeFi can provide a dramatic expansion of utility, functionality, and access to more...

Teller is a credit risk protocol that uses bank/CeFi data to enable undercollateralized loans on DeFi...Unsecured lending is perhaps the least penetrated vertical in all of DeFi....Aave and Compound, the top DeFi debt markets, facilitate trustless loans....With Teller, users can enjoy the composability of DeFi and the efficiency of TradFi.

Osmosis pay, Sanctum pay, Moonwell, Avalanche Gen 3: True self-custody, spend crypto smart contract wallet...Gnosis Pay, Fuse Pay, Metamask card, Argent card, EtherFi The difference between gen 2 and gen 3 cards...The real debit & credit cards offered by gen 3 enables spending on a wider range of goods and services...

Introduction Undercollateralized lending accounts for an underwhelming portion of DeFi lending activity...However, unsecured lending is one of the best ways to unlock capital efficiency in DeFi, and various...The State of DeFi’s Unsecured Money Markets It has been a tough year for crypto tokens as a whole, and...DeFi money markets have not been spared.

— Since publishing “Fast Follower Forks in DeFi” a few weeks ago, I’ve talked with many founders and...top DeFi protocols....DeFi co-creation partnerships: Partner with other DeFi protocols to not only fast follow, but also quickly...together than you or the forks can do alone, while attracting and retaining users in the process.   3.

...evangelists and Bitcoiners are misguided as DeFi is, in my opinion, entirely complementary to Bitcoin...While it’s fair to criticise flaws in the current incarnation of DeFi, decentralised finance as a concept...Indeed, I argue that Bitcoin and DeFi need each other, with the former being the digital store of value...This is where DeFi comes in.

For full disclosures, see our transparency page....In this daily, I explore the concept of a moat in DeFi....Nodes control consensus and the value of RUNE bonded must always be > 3:1 ratio to value of external...remains the case, increasing the portion of liquidity fees that nodes receive when the ratio drops below 3:...

...crazy crypto bull market was still going on based on some of the daily returns projects within the DeFi...Year to date, Aave has soared into the top 5 on DeFi Pulse’s leaderboard and is already closing in on...#3 (Compound)....and very little liquidity, its token MLN was up ~25% this past week as investors really embraced the DeFi...

Theme #3: 0-1 Speculation Primitives Speculation primitives have ample runway for progress in 2023....Ideally, the setup is semi-centralized, with a multisig wallet where the platform holds 1/3 keys and...the user holds 2/3 keys....keys and the platform holds 1/3 keys....One overlooked aspect of its potential is facilitator #3: delta-neutral positions.

To mitigate the issues at hand, over the weekend the Balancer community proposed and pushed through 3...inflows/outflows, we are seeing in real time how quickly capital flows to the next best opportunity in DeFi...

Chart of The Day: UST is Now a Top 3 Stablecoin UST’s growth has been remarkable in 2022, expanding...It now has an estimated market cap of >$600M, almost similar to Azuki which launched 3 months ago....industries in crypto, but most staking solutions today have a glaring problem: they’re not built for DeFi...