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Reserve & Celo - Part 2
[pdf-embedder url=”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″]...Reserve & Celo - Part 2 The Stablecoin Series Institutional May 2020 85 Broad Street New York, NY, 10004...
1 Min
DeFi
May 2020
Axie Part 2 - Gamer Economics
SLP supply peaked at 584mil on 29th May and had a short period of deflation....On 28th June it stood at 484mil, a 100mil(-17%) supply decrease in 30 days....Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...ETH to ~0.23 ETH.
9 Min
Games
Jul 2021
Layer 2: Rollups
In this report, we look at how the Layer 2 ecosystem is shaping up and dive into the varying rollup solutions...In order to unlock the next phase of growth, the scaling torch has been passed over to Layer 2s, led...
1 Min
Infrastructure
Dec 2020
A Sneak Peak at the Future of ETH
(Step 2) The lender delegates credit to user’s vault, and now user has full access to their funds....(Step 3) Once the Layer 2 withdrawal to Layer 1 is complete, the vault repays the loan....Allowing users to take out loans collateralized by their pending withdrawals from Layer 2 networks is...Eth ‘Em All!
12 Min
Infrastructure
Oct 2020
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
An Ounce of Hopium for ETH Bulls
...across the board for crypto today, although it isn’t a very convincing bounce for majors such as BTC and ETH...But in today’s edition of the Delphi Daily, we examine the near-term bull case for ETH, and offer the...Open interest for ETH futures and options is down nearly 40% since the start of September.
4 Min
DeFi
Sep 2021
ETH 2.0 and Ethereum Ecosystem Analysis
We dive into the kick-off of the multi-year transition to ETH 2.0, starting with the significance of...Over $581M in value locked in the ETH 2.0 Deposit contract (0.86% of supply / 974k ETH).Staking service...This 25.3% increase of ETH nodes MoM has been a side effect of the Phase 0 launch, helping decentralization...
2 Min
Infrastructure
Dec 2020
Infrastructure
Jun 2019
ETH/BTC Correlation, Sentiment Reversals, and Flight to ETH DeFi
27ths daily open....ETH/BTC Correlation is Peaking ETH’s one-month correlation to BTC has risen sharply over the past month...Notably, ETH/BTC correlation tends to peak around 90% and BTC outperforms ETH during this period....Calls Dominate Today’s Flows Today’s options purchases were dominated by calls — mostly durations 1-2...
3 Min
DeFi
Jun 2021
Bitcoin Eyes New High, ETH 2.0 Has Liftoff ?
For example, only 14 of the last 60 days were marked by a gain of at least 2%; in December 2017, the...ETH 2.0 is a Go The threshold required to launch Phase 0 of Ethereum 2.0, at 524.288 ETH, has been reached...in ETH 2.0 staking has already passed 2.000, with the majority of those addresses depositing 32 ETH,...
5 Min
Staking
Nov 2020
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...User 0xea wanted to sell 48,942 USDC and receive at least 26.66 ETH.
24 Min
Layer 1 / L1
Sep 2023
Finding the Fun in Fundamentals #2 - Wemade
From 2019 to 2024, gross revenue grew from ₩113.6 billion ($87 million) to ₩711.9 billion ($547 million...However, even after recording a ₩308.1 billion ($237 million) net profit in 2021, the company posted...steep losses in 2022 and 2023, at -₩185.8 billion (-$143 million) and -₩206.7 billion (-$159 million)...
18 Min
Gaming
Jun 2025
A Collection of ETH Supply Sinks
ETH used as collateral in DeFi, Phase 0 of ETH 2.0 PoS, and now the newly created yETH Vaults all will...over the past 3 months is 26%....price feed, needed for the strategy  Two key improvements it brings are that 1) it’s automated and 2)...Disclosure: Delphi Ventures holds YFI   Credits: Jimmy Ragosa  Staking in Phase 0 of ETH 2.0  In...
4 Min
Infrastructure
Sep 2020
The Future of ETH Liquid Staking
In 2019, Ethereum researcher Justin Drake mentioned that a target of approximately 33.5M ETH (about 27%...daily ETH emissions, it is projected that approximately 33.5M ETH will be staked by April 2024....Currently, daily rewards for the execution layer generally range between 1-2% APR, with an average of...2022.
15 Min
Liquid Staking
Jan 2023
ETH Outperforms BTC, Update On Macro Outlook
ETH 2.0 receives an updated deadline: 19th-Sept – date still tentative....📊 ETH Outperforms BTC as Exchanges See Largest Daily Outflow Since 2021 Since the beginning of July..., the balance of ETH on CEXs has reduced from 21.7 million to 20.6 million, putting net outflows at approximately...
4 Min
Macro & Markets
Jul 2022
Market Troubles, ETH Deflation, NFTs Cool Off
BTC and ETH price decreased by a double digit percentage over the last 24 hours....more ETH was burned as base fees than ETH minted for block rewards....Notable Tweets Flash Crash Caused $2.6b in Liquidations More than $2.6 billion worth of positions liquidated...) — Maven 11 Capital (@Maven11Capital) September 8, 2021...ETH […]...
3 Min
NFTs
Sep 2021
ETH Can't Stop, Won't Stop
ETH futures/perpetuals volume and open interest rise 2....ETH options volume flips BTC options volume 3. ETH funding still at sane levels 4....up 20% for the month....for ETH is overwhelmingly favorable....https://t.co/eSvbBFTHXP pic.twitter.com/CHXvvVjIof — Elias Simos (@eliasimos) May 4, 2021...
2 Min
DeFi
May 2021
Solo, Liquid, or Centralized: A Guide to Staking ETH
ETH exceeding 20M....Yields: 5.67% (3.721% CL rewards (based on 20M ETH staked) + 1.952% EL rewards (based on average EL...rewards since the Merge)) AWS Region affects pricing, we will be using US West (Oregon) us-west-2 for...surge in the quantity of staked ETH, reaching an impressive 1.14M ETH in the week of May 8th, 2023.
16 Min
Liquid Staking
Jun 2023
ETH Exchange Outflows Outweigh Inflows In Anticipation of ETH-PoW Airdrop
On August 29th, exchanges saw an outflow of over 476k ETH....forked ETH-PoW tokens based on their ETH balance just before the Paris upgrade....Crypto gaming received $3B in private market investments in 2021....Here are 7 steps you may consider to fully take advantage of the Merge: — Bobby Ong (@bobbyong) Sep 5, 2022...
5 Min
Layer 1 / L1
Sep 2022
ETH Dominance, Mining Activity, & OpenSea's Recovery
ETH Dominance on the Rise ETH and BTC have both performed well in 2021....ETH’s dominance went from ~11% at the start of the year to ~21% today....Miners Unfazed by ETH 2.0 Upgrade ETH suffered a similar fate as BTC when Chinese mining farms were...earned by miners till ETH 2.0 goes live.
4 Min
NFT Marketplace
Dec 2021