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In Comet there are 3 steps in consensus: propose, pre-commit, and commit....The more validators you have, the longer it takes to propagate data to all of them and get 2/3 to commit...Then another round “3” runs later, again committing new blocks (X3) with referenced certificates.
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28 Min
Layer 1 / L1
Oct 2023
MSU opened strong, peaking slightly above $3 per token and $3B FDV, now down to $0.80 with stagnant (...many of these same countries feature among the top 10 in adoption rates (India at #1, Indonesia at #3,...similar.
– 3% fee on every coin (uniswap v4 pool)
– 1% to creator
– 1% to zora
– 1% to LP (thickens LP...
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34 Min
Infrastructure
Aug 2025
In theory, the ideal appchain solution powers a future of interoperable chains, where each chain can...Avalanche recognized this early, paving the way for such a future since its launch in 2020. ...New Jersey Property Deeds
New Jersey’s Bergen County recently unveiled plans to tokenize 370,000 property...
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22 Min
Infrastructure
Jun 2025
A 70% loan-to-value ratio gives a 30% equity cushion to lenders....USD.AI has designed a creative solution to handle redemptions in phase 3....QEV will become more relevant as USDai becomes more hardware-backed in stage 3...., 15% APR, 3-5 year principal amortization).
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14 Min
Infrastructure
May 2025
...volume of $342k recorded on May 9th....The project recently started its beta mainnet on Arbitrum on May 3rd, officially allowing traders to...This coincided with the official opening of Tribe3’s beta mainnet to the public on May 3rd....Allocation percentages are updated every 3 hours to maintain high capital efficiency and prevent any...
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23 Min
NFTs
May 2023
Part 3 – Aggregators deliver non-toxic flow (Metamask swappers paying 85 bps can’t possibly be sophisticated...off-chain volume occurs from a single filler, PMM1, on the USDT-USDC pair in identical amounts on Aug 3....According to research from Nansen, 77% of Uniswap LPs are classified as passive (adjusting LP position < 3...
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31 Min
Spot Exchange
Sep 2023
Editions x Guido collections are down 78% YTD
Further, the lack of volume is also a concern, with the 3...freehawaiiphoto) depicting a remote road in Hawaii went viral and was used by numerous social media pages...members enjoy exclusive access to the RAW DAO private Discord channel and receive priority access to future...
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24 Min
NFTs
Apr 2023
Lido is the clear leader, holding approximately 30% of staked ETH....The Future of ETH’s Liquid Staking Protocols
Before exploring projections, it is important to consider...smaller deviation from the actual issuance amount, the model will later utilize this value to calculate future...
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15 Min
Liquid Staking
Jan 2023
BRC-20s Into the Future
If we use the growth of ERC-20s as a model for BRC-20s, we can make some interesting...The model also predicts that BRC-20 transactions will consistently account for around 30% of Bitcoin...to increase between 10-330x to replace the block rewards....This model predicts that Bitcoin’s FRM could decline to 10.44 in 2023 and 3.8 by 2028.
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25 Min
Layer 1 / L1
Jun 2023
In approximately 320 days, Bitcoin’s block rewards will be halved from 6.25 BTC per block to 3.125....Of course, the past does not necessarily predict the future....That is where this report will focus — on Bitcoin’s future....effect on Bitcoin diminishes 4x-6x with each successive halvening — meaning Bitcoin may only appreciate 35%...
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17 Min
Layer 1 / L1
May 2023
In future reports, we will be diving deeper into this thesis and these protocols....The future of Onchain applications lies in bringing high-friction, high-barrier-to-entry financial vehicles...These protocols will be enabling the future and thus should be pertinent to us in the present.
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20 Min
Other
May 2025
In the past 30 days alone, it generated $75.15 million in fees, vaulting to 3rd place behind only stablecoin...For Pump.fun deployed pools Raydium takes 12% or 3bps of 25bps*.)...pulling in over $2.5 million in daily fees across its launchpad and AMM, with some days closer to $3...
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16 Min
DeFi
May 2025
Enter Bitcoin Quantum (BTQ) – the strategic bridge to a quantum-safe future....As major world powers like the EU, USA, and China pour unprecedented capital into securing this future...Proposals like BIP-360’s “pay-to-quantum-resistant-hash” address types suggest a hybrid signature approach...This set of data is the necessary prerequisite for any future, successful BIP. ...
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28 Min
AI
Dec 2025
If so, they will significantly shift downward in the future....Considering Taproot, Taro, Lightning, the African market, and — far in the future — the potential for...zk-rollups on Bitcoin, the future seems bright.
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14 Min
Proof-of-Work
Jan 2023
Megatrend 3: Fashion Spending Is Rapidly Shifting Online
Fashion e-commerce is the largest B2C commerce...This enables them to do targeted marketing in the future....pronounced for the luxury brand collections, >70% of minters seemed to be power users, while only 3-...30E (~$45,000), equivalent to its mid-end diamond necklaces.
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21 Min
Fashion
Oct 2022
In comparison, Garena: Free Fire has over 100 times the users, with 311,250,355 monthly active users...Today, mobile game revenues ($85B) account for more than PC ($40B) and console ($33B) combined....This opened up games to more than 3 billion people globally, and today the average gamer is a 35 year...
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37 Min
Gaming
Jul 2022
CME Group announces the launch of Euro-denominated BTC and ETH futures....📊 Futures OI Leverage Ratio Continues To Climb
The Futures Open Interest Leverage Ratio for BTC...reached its highest level ever recorded at more than 3% of BTC market cap, following the market-wide...
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5 Min
Macro & Markets
Aug 2022
...well as a launchpad feature that allows creators to launch their collections with a dedicated drop page...and have greater discoverability on the home page. omgKirby and Channel Tres is the first drop on the...FYI “Acquainted” by The Weeknd currently has over 360 million Spotify streams....
👑 Weekly Highlight — Clone X & Is the Future of Fashion Phygital?
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12 Min
NFTs
Sep 2022
In this report, we look to examine what the future of DEXs could look like if the past few months act...Forecasting Model for DEXs
To understand what the future could hold, we built a forecasting model using...Bear Case
The bear case begins with a 35% discount on the base growth rate....Bull Case
The bull case begins with a 35% premium on the base growth rate.
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9 Min
AMM
Jan 2023
📊 Ethereum Futures Funding Rates Decline as Traders Turn Bearish
Funding rates for perpetual futures...Perpetual futures open interest is also rising since the June capitulation, peaking at $6.8 billion on...Its price-to-sales ratio is ~3x compared to Uniswap’s 5x and Balancer’s 8x....This number is down from 35% during the same time last year.
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4 Min
Layer 1 / L1
Aug 2022



















