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Market Troubles, ETH Deflation, NFTs Cool Off
Market Update The crypto market experienced a flash crash as BTC moved downwards to ~$42k and ETH to ~$3k. ETH […]...
3 Min
NFTs
Sep 2021
ETH Supply Turns Net Deflationary Since the Merge
Many have pointed to the deflation caused by recent market events as evidence that a sustained increase...in on-chain activity during the next bull market can lead to massive deflation in ETH...
5 Min
Proof-of-Stake
Nov 2022
Rolling the Dice on Rollbit Fundamentals
This can be seen in the increasing trend on the 7-day moving average deflation rates, which picked up...The sensitivity tables above show supply deflation rates for RLB based on our Bear/Base/Bull cases at...In a scenario where the RLB price drops but buybacks remain consistent, the deflation rate will rise,...
23 Min
Betting
Dec 2023
ETH Turns Deflationary as Users Rush to Mint XEN Tokens
However, many have pointed to the deflation caused by the XEN token as evidence that a sustained increase...in on-chain activity during the next bull market can lead to massive deflation in ETH.
5 Min
Proof-of-Stake
Oct 2022
Has Inflation Peaked?
...where we are headed. of the low inflation world are changing… …central banks are done with fighting deflation...with asset price inflation, and are now fighting inflation with asset price deflation.
10 Min
Macro & Markets
Aug 2022
The Dark Night Rises - Part 1
If we look outside, Japan is in the midst of a currency crisis, China is battling serious deflation pressures...it would give the PBOC more breathing room to provide more stimulus and credit support to stave off deflation...sizable drawdown in the TGA and/or RRP; if the PBOC doesn’t provide more stimulus to combat domestic deflation...
23 Min
Macro & Markets
Jul 2024
Stablecoin Boosts, LTHs in Pain, ETH Burns in Jan, Genie vs Gem
Incoming Ethereum burns from EIP-1559 flared up in the month so far, resulting in the largest daily deflation...
3 Min
DeFi
Jan 2022
Monthly Chartbook - Wishful Thinking
Source: Employ America Many analysts expected auto production to rebound in 2023 and drive outsized deflation...“Against rising MSRPs for new vehicles in an environment of persistent shortage, for outright deflation...more new vehicles to come to market before we see used car prices materially fall and contribute to deflation...
19 Min
NFTs
Mar 2023
Otherdeed Burns, Looming Signals, & Intro to Webaverse
Denomination matters too… ETH staking – future cashflows are in a deflating currency in ETH (making...If you denominate in ETH, you’ll happily stack your increasingly deflating asset.
6 Min
NFTs
May 2022
Valuing Layer 1s - Memes, Money, or More?
Denomination matters too: ETH staking – future cashflows are in a deflating currency in ETH (making...If you denominate in ETH, you’ll happily stack your increasingly deflating asset....The second half weights the real yield of holders not staking (i.e., they lose inflation or gain deflation...
30 Min
Proof-of-Stake
Apr 2022
Undervalued & Under Pressure
Denomination matters too… ETH staking – future cashflows are in a deflating currency in ETH (making...If you denominate in ETH, you’ll happily stack your increasingly deflating asset.
10 Min
Perpetual Futures
Apr 2022
DeAI’s Path Forward: Trust & Efficiency
DeAI’s Economic Impact CapEx deflation and crypto-economic incentives are coming together to form a compelling...network More validators → richer distributed training & higher RoG Loop closes → further hardware deflation...
22 Min
AI
May 2025
ENS Soars, Whirlpool Farms, & Valuing L1s
The second half weights the real yield of holders not staking (i.e., they lose inflation or gain deflation...
5 Min
Layer 1 / L1
Apr 2022
BTC Leaving Exchanges, Bridge Farms, & Pocket's Growth
While total supply has inflated, total circulating supply (unstaked tokens) has deflated and decreased...
5 Min
Infrastructure
Mar 2022
ETH2 Staking, Airdrops, & The Platypus Wars
Furthermore, the merge will turn ETH into a deflationary asset, with a simulated yearly net deflation...
4 Min
Macro & Markets
Mar 2022
Hodlers Are Unfazed Amidst Speculator Risk Off
...the debt ceiling of 2011 and 2013 under the Obama administration created financial uncertainty and deflated...
3 Min
DeFi
Sep 2021
The Aftermath of One Big Macro Trade
The Aftermath of One Big Macro Trade The risks of insolvency and deflation were core themes in our latest...The kicker is the higher the risk of deflation, the more extreme response we’d expect from global policymakers...In our macro outlook, we stressed the importance of the banking system in the fight against deflation...
6 Min
Derivatives
Oct 2020
When Convex & Yearn Compete, Curve Wins
However, as the chart below shows, the spike in veCRV % was not related to earnings or a deflated CRV...
4 Min
Vaults
Jun 2021
Axie Part 2 - Gamer Economics
The recent increase in breeding activities has caused SLP to deflate momentarily as more SLP was burnt...SLP supply peaked at 584mil on 29th May and had a short period of deflation.
9 Min
Games
Jul 2021
STEPN Sprinting Away
In the long run, the STEPN sneaker generates additional resources or reduces the rate of deflation, which...
8 Min
Gaming
May 2022