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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″]...
1 Min
DeFi
May 2020
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
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
Infrastructure
Jun 2019
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
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
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
Nov 2020
Coordination, Public Goods and Crypto (Part 2)
...century, yet the amounts of money raised to acquire these seats have gone up astronomically to $1.2B in 2017...mathematical demonstration of the sub-optimality of the 1p1v system in provisioning public goods, see page...
11 Min
Asset Management
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
Zetachain Part 2: The Opportunity Ahead for Omnichain Applications
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...BRC-20’s on this DEX trade against sUSDT....The limited edition NFT collection boasted tiers ranging from $10K to $200K.
47 Min
Layer 1 / L1
Jan 2024
BAYC Gets BendDAO-ed & Internet Game Season 2
Internet Game is an interactive entertainment platform that is launching its Season 2, titled “Bear Market...There are 2 parts to the games....Part 2 is a live finale with 3 multi-player games hosted by Gmoney & Leah Lamarr....This is supplied by lenders who earn interest on the ETH they deposit into the protocol.
11 Min
NFTs
Aug 2022
2/17 Analyst Call: BTC, Terra, Cosmos, NXM, NFTs, and Aggregators
Topics Covered: 2:05 – MicroStrategy’s Bitcoin Blueprint with Kevin Kelly 5:45 – Bitcoin ETF, Funds...& Futures with Kevin Kelly 6:27 – Inflation Expectations with Kevin Kelly 8:55 – Mirror & Terra...Cosmos IBC Launch with Medio Demarco 15:50 – How Nexus Can Incentivize Auditors with Medio Demarco 21...
1 Min
Layer 1 / L1
Feb 2021
World Update (2 Months Later)
In just over 2 months, adoption metrics have grown considerably: Total unique humans (orb-verified)...World App users grew 16% from 26.7M to 30.9M, maintaining the ~2:1 ratio between app downloads and completed...For now, the gap between user demand (evidenced by the 2:1 app-to-verification ratio) and Orb availability...
6 Min
Artificial Intelligence
Jul 2025
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
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
Chromie Squiggles at nearly 2-year low
Chromie Squiggles are at their lowest floor price in ETH terms since June 2022....One sign: A traditional art collector picked up 10 Autoglyphs for $14.5M (5,000 ETH) just a month ago...
1 Min
NFTs
Mar 2024
2 New NFT Standards You Should Know About
...leverage NFTs in the future. 1) Limit Break’s compatible token contracts for programmable royalties 2)...s=20 Limit Break, the creators of Digidaigaku, and proponents of the Free-to-Own NFT structure believe...
3 Min
Gaming
May 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....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
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
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