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Ethereum Burns, Axie's Inflection Point, DeFi Narratives
ETH Burns Can Further Heat Up On Monday, we spoke about EIP-1559 burns amounting to 17,000 ETH ($53...in cumulative burns....The old style of Ethereum transactions where miners receive the entire fee now co-exists with EIP-1559...’s burn-and-tip transactions....ETH burns, Axie's inflection point, and DeFi narratives.
4 Min
DeFi
Aug 2021
EIP-1559: Burn Baby Burn
...more value accretive to ETH holders via a fee burn mechanism. ...As more transactional activity occurs on Ethereum, more ETH is burned. ...We’ll assume a 50% burn rate throughout the rest of this report....For now you can track the burn on the Ropsten testnet. ..., even if it does lead to less ETH being burned as a result.
9 Min
Infrastructure
Jun 2021
Ethereum Ecosystem Analysis
Innovation on Ethereum continues at a torrid pace thanks to the composability of lego blocks built in...
1 Min
Layer 1 / L1
Feb 2021
Ethereum Ecosystem Analysis
In this report, we take a look into some of Ethereum’s strengthening fundamentals to go along with the...latest trends across DEXs, stablecoins, notable apps on Ethereum and more....In this report, we analyze the increased usage on Ethereum and explain the impacts of the continuation...
1 Min
Derivatives
Sep 2020
The State of Ethereum
The biggest tailwind that’s driving this phenomenon is hot money searching for higher yields on Ethereum...Gas Price Ticks Up, ETH Burning Follows Ethereum’s median gas price has climbed beyond levels we saw...Since the implementation of EIP-1559, OpenSea leads the way as the #1 contributor to ETH burning.
3 Min
Infrastructure
Nov 2021
Layer 1 / L1
Mar 2019
ETH 2.0 and Ethereum Ecosystem Analysis
We dive into the kick-off of the multi-year transition to ETH 2.0. The launch has partially fueled an ETH rally for which we dig into deeper and we also cover the growth of DeFi underpinning the succe...
2 Min
Infrastructure
Dec 2020
Infrastructure
Jun 2019
Ethereum Ecosystem Analysis
In this report, we take a look at how the Ethereum ecosystem is holding up in light of the DeFi cool...We dive into the latest Ethereum network stats and trends across DEXs, stablecoins, lending, and more...in addition to providing updates on Ethereum dapps.
1 Min
Layer 1 / L1
Nov 2020
The Hitchhiker's Guide to Ethereum
However, I simplified what Ethereum will actually do....Instead, Ethereum will use a 2D KZG scheme....Ethereum will pivot to Verkle tries for state storage....This concludes your Ethereum crash-course....Ethereum’s roadmap has this vision square in its sights....Ethereum's roadmap is a lot to keep track of.
51 Min
Layer 1 / L1
May 2022
Maker Endgame, and BitDAO Ramps Up the Burn
The DAO will then burn the BIT contributions.
8 Min
DAO
Sep 2022
Otherdeed Burns, Looming Signals, & Intro to Webaverse
This front-running activity caused a lot of ETH to be burned....Over the seven-hour period shown in the chart, 68K ETH (~$190M) was burned, most of which was due to...As a tip for users minting NFTs, one can consider using “Flashbots Protect RPC” for Ethereum as the failed...
6 Min
NFTs
May 2022
The Official GNO Burn and BitDAO Buybacks
GIP-35 3m Supply: Continuing a proposal we highlighted in a previous issue, Gnosis is voting on burning...Treasury GNO represents 70% of the total supply, and the burn will reduce the supply of GNO to 3m....EnterDAO talks about a buy and burn, although the team feels it’s too early.
10 Min
DAO
May 2022
Tokenized BTC on Ethereum
As of today, 5,446 tokenized BTC exist on Ethereum, across various types, worth approximately $51m....Tokenizing Bitcoin on Ethereum has generated a lot of buzz in recent weeks with the advent of new cross-chain...While its clear we’ve seen significant growth YTD in aggregate, ~73% of total tokenized Bitcoin on Ethereum...
3 Min
Infrastructure
Jun 2020
The State of Ethereum 2020
The incredible growth of DeFi in the Ethereum ecosystem coupled with catalysts such as staking in Phase...In this inaugural monthly Ethereum report, we dig into the Ethereum ecosystem and unpack the latest on...Our inaugural monthly Ethereum Ecosystem Analysis report - special edition for ETH's 5th birthday.
1 Min
DeFi
Jul 2020
Layer 2 / L2
Mar 2019
Update: Ethereum's Network Activity
I provided coverage on Ethereum and wanted to share my portion with the Delphi community....Be sure to check out the full Our Network post on Ethereum, Bitcoin, Cosmos, and Decred here....Ethereum Total ETH sent to the ETH 2.0 Deposit contracts totals 1.37m ETH ($774m), signaling strong...
4 Min
Infrastructure
Dec 2020
Ethereum Update - June 2021
A breakdown of ETH's market structure, fundamentals, and key upcoming catalysts....
DeFi
Jul 2021
stETH on Ethereum Bridges Skyrockets
📊 stETH on Ethereum Bridges Skyrockets Lido Finance deployed on Aribtrum and Optimism on Oct. 7...Since then, the amount of stETH held in Ethereum bridges has surged by over 700%....If the protocol asks an NFT to burn more DYAD than it has in its balance, that particular NFT becomes...
5 Min
Liquid Staking
Nov 2022
Delta-Neutral AXS Farming, LUNA Burns, Yield Generating NFTs
Columbus-5, Burn Baby Burn Terra’s highly anticipated Columbus-5 upgrade went through on Sept. 30....The most significant change to the token economics was the decision to burn LUNA permanently instead...In addition, LUNA that had previously been sent to the community pool was burned to the tune of ~23.4m...for Ethereum.
4 Min
Infrastructure
Oct 2021