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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″]...A 200% collateralization ratio results in a net value of $0....we would start year 2 at $0.75.
1 Min
DeFi
May 2020
Axie Part 2 - Gamer Economics
Depending on the Axie, it might be cheaper to buy a fresh 0 breed Axie off the market (because you can...get multiple cheap breeds out of it) rather than breed for the 4th or 5th time.   0 bred count Axies...Axie floor prices increased from 0.03 ETH to around ~0.066 ETH, and MEO 2 Axie prices rose from 0.084...
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...
1 Min
Infrastructure
Dec 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)...would benefit from the vast liquidity of the mature ETH-USDC pool on Uniswap.
5 Min
Layer 2 / L2
Nov 2020
Infrastructure
Jun 2019
WTF Is Anoma? Part 2: WTF Are Intent-Based Apps?
“Part 2: WTF are intent-based apps?”...User 0xea wanted to sell 48,942 USDC and receive at least 26.66 ETH....They were willing to buy ETH up to a market price of $1,836/ETH User 0x85 wanted to sell 30 ETH and receive...was able to buy ETH at $1,829/ETH and 0x85 was able to sell at $1,827/ETH.
24 Min
Layer 1 / L1
Sep 2023
Finding the Fun in Fundamentals #2 - Wemade
, the game announced a Peg Stability Module (PSM) that halts minting if the CROW price falls below $0.75...Since the lows, the token has rebounded to approximately $0.41, a 100% increase....over 2x since 2021, the WEMIX token is still down 98% from its peak of $24 to its current price of $0.40...
18 Min
Gaming
Jun 2025
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....Eth ‘Em All!...ETH ‘Em All does exactly that…except in game form....ETH ‘Em All creates an index of unlockable achievements (represented by NFTs and Non-Transferable NFTs...
12 Min
Infrastructure
Oct 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..../-0.25.
4 Min
DeFi
Sep 2021
ETH/BTC Correlation, Sentiment Reversals, and Flight to ETH DeFi
Market Update Crypto majors like BTC and ETH are up for the day, but have run into resistance at May...Today’s edition of the Delphi Daily will focus on this crash’s hardest hit tokens, what ETH/BTC could...ETH/BTC Correlation is Peaking ETH’s one-month correlation to BTC has risen sharply over the past month...
3 Min
DeFi
Jun 2021
Coordination, Public Goods and Crypto (Part 2)
Having discussed what the underfunded public goods problem is and why it matters in part 1, we now turn our attention to solutions to this problem. We begin by describing existing solutions, why they...
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
Having discussed what the underfunded public goods problem is and why it matters in part 1, we now turn our attention to solutions to this problem. We begin by describing existing solutions, why they...
11 Min
Asset Management
Nov 2020
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...reach over 12% share by EOY (7m ETH DeFi, 5m ETH Phase 0, 1.5m ETH yETH Vaults)....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
...price (in ETH) / underlying ETH....Currently, daily rewards for the execution layer generally range between 1-2% APR, with an average of...ETH Supply: This is the net supply change based on ETH issuance (which changes based on ETH staked as...In this report, we analyze the ETH staking market from a business and financial perspective.
15 Min
Liquid Staking
Jan 2023
Market Troubles, ETH Deflation, NFTs Cool Off
Looking at the long-term funding trend, the current funding rates at ~0.05% are much lower to the prior...peaks of ~0.20%....more ETH was burned as base fees than ETH minted for block rewards....https://buy-wall.alphafinance.io Now supports: 1) #Loot @lootproject @dhof 2) #Bloot @beaniemaxi 3...ETH […]...
3 Min
NFTs
Sep 2021
ETH Outperforms BTC, Update On Macro Outlook
1.1 million ETH. ...than 600k ETH....An additional net outflow of 400k ETH took place on 14th-July....The ETH/BTC ratio currently sits just below 0.07, levels unseen since early May-2022....Estimates indicate that daily issuance of ETH will drop by ~90% post Merge, from 13k to 1.6k ETH minted...
4 Min
Macro & Markets
Jul 2022
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
Take the example of the 0x API or Matcha....on Avalanche to access this without bridging their collateral to Arbitrum and swapping some AVAX to ETH...Some assets — like BTC, ETH, USDC, and USDT — will likely exist in each chain’s basket....If a user is particularly tied to Arbitrum they could, for example, do their ETH-USDT and AAVE-ETH swaps...
47 Min
Layer 1 / L1
Jan 2024
Solo, Liquid, or Centralized: A Guide to Staking ETH
ETH exceeding 20M....rewards since the Merge)) AWS Region affects pricing, we will be using US West (Oregon) us-west-2 for...of 8 ETH and matches up with other ETH deposits on Rocket Pool to form a 32 ETH validator....of 16 ETH and matches up with other ETH deposits on Rocket Pool to form a 32 ETH validator.
16 Min
Liquid Staking
Jun 2023
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....Meebits raises $78 million in half a day Key Takeaways We’re barely four days into May and ETH is already...Key Takeaways What’s surprising is that despite ETH’s price performance, perpetual swap funding rates...
2 Min
DeFi
May 2021
ETH Exchange Outflows Outweigh Inflows In Anticipation of ETH-PoW Airdrop
📊 ETH Exchange Outflows Continue to Outweigh Inflows Large amounts of ETH have continued to leave...Since March 15th, ETH outflows have outweighed inflows, as more than 323k ETH has left exchange wallets...forked ETH-PoW tokens based on their ETH balance just before the Paris upgrade.
5 Min
Layer 1 / L1
Sep 2022