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Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
Blockworks: Chainlink - The RWA Infrastructure Platform
The Chainlink Platform provides a host of services necessary for RWA adoption, including cross-chain interoperability (CCIP), data, onchain identity (DECO), and more
> Surpassing $3B in value excluding stablecoins, the space has seen significant growth in 2024 and is estimated to be as large as $16T by 2030.
Source: https://x.com/blockworksres/status/1821573540971471301?s=46&t=2q9OLMlaobNlHLewOXT4uA
Putin Signs Law on Legalizing Cryptocurrency Mining in Russia
Only Russian legal entities and individual entrepreneurs included in a register will have the right to mine
Source: https://tass.com/economy/1826725
Coinbase Assets Has Added Zetachain (ZETACHAIN) to its Roadmap
Source: https://x.com/CoinbaseAssets/status/1821671896179454439?t=7cqNZXkXiQa_GeRKvaRSxg&s=19
Introducing Commonware
Commonware is building an open, Rust-based blockchain framework architected for excessive throughput, tractable modification, and embedded interoperability.
> Commonware has today took the first step towards launching the Commonware Framework p2p, their first primitive available (in ALPHA)
https://docs.rs/commonware-p2p/latest/commonware_p2p/
Source: https://x.com/_patrickogrady/status/1821607372424671415?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Yesterday Polymarket Had the Highest Volume Day in Prediction Market History
Source: https://x.com/polymarket/status/1821246991621615759?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Archetype | Solana Day: Parcl by Trevor Bacon
He discussed:
> Parcl Ecosystem Overview
> Why Solana
> Challenges faced and why Parcl didn’t leave
> Key considerations for building in solana
Source: https://x.com/archetypevc/status/1821229017456153028?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Kairos Research: BTC and ETH ETF Flows
> BlackRock now has 340k BTC worth roughly $19.5bn, and Fidelity has 193k BTC worth $11.2bn
> In only 11 trading days, ETH ETFs have seen net inflows of -$132k due to Grayscale ETHE outflows
> BlackRock's ETHA has accumulated 260k ETH ($634m), Fidelity with inflow of 105k ETH ($256m)
Source: https://x.com/kairos_res/status/1821561128364740949?s=46&t=2q9OLMlaobNlHLewOXT4uA
CoW AMM: The Next Frontier of AMM Innovation
CoW AMM is a special kind of automated market maker designed to help liquidity providers capture MEV from arbitrageurs, rather than swap fees
> CoW AMM is set to integrate into Balancer front-end with its own dedicated pool page offering a streamlined UX experience for users
Source: https://medium.com/balancer-protocol/cow-amm-the-next-frontier-of-amm-innovation-1718842ad066
Binance Will List $TON and Open Spot Trading at 10:00 UTC Today
⏰10:00 (UTC)
Source: https://x.com/binance/status/1821424103858798856?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Pacmoon $PAC is Leaving Blast, Becoming $ARMY On Solana
indicated Blast provided zero social support
> If you hold $PAC, burn it now, before August 14th
> The team will airdrop users $ARMY on Solana based on how much $PAC they burn
Source: https://x.com/lambolandnft/status/1821288042641973332?s=52&t=txFAbiSPTdLLDlAYj9X_AA
What Happened in the Blockchain Industry
This post talks about:
> VC, New projects, Old projects
> Head exchanges, Sol, Eth
> Advice to readers, and more
Source: https://x.com/Ryanqyz_hodl/status/1821045231539872101
How to Build an AI Agent To Short ETH Using Spectral Syntax V2
Spectral is a machine intelligence network to generate autonomous onchain agents👇
Source: https://x.com/Spectral_Labs/status/1820946062720561419
Nillion Teams Up with Ritual for Decentralized Blind AI Inference Technology
Source: https://beincrypto.com/nillion-ritual-decentralized-blind-ai-partnership/
Token Migration 101
This research provides a deep dive into the top 5 token migration & merger case studies, to have a more holistic view of the key considerations, conversion mechanism, timeline, price performance, and community responses:
> MC –> BEAM
> RBN -> AEVO
> AGIX, FET, OCEAN -> ASI
> KLAY, FNSA -> PDT
> OGV -> OGN
Source: https://x.com/cornergirl999/status/1821202712547226005
Michael Dempsey: The Venturification of Research & The Resulting Prisoner’s Dilemma
This post looks at:
> How financing research has progressed
> The implications on this for pace of science and company building
> The comparison of R&D -> startups and public market -> private market value capture
Source: https://www.michaeldempsey.me/blog/2024/07/16/the-venturification-of-research-capital-the-resulting-prisoners-dilemma/
Switchboard to be the First Protocol to Support the Jito (Re)staking Platform
This partnership will make Switchboard’s Oracle network more secure, versatile, and customized.
> Faster performance with apps running quicker and smoother, better liquidity & composability of assets, and more
Source: https://x.com/switchboardxyz/status/1821607822603513994?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Bell Curve: Restaking’s Impact on the Future of Crypto
Season 8 recap with discussion on:
> Eigenlayer & StakeSure
> Restaking's use cases
> Will restaking be considered a success in the future? And more.
Source: https://www.youtube.com/watch?v=bBLYG6qvxCQ
Coinbase Assets Has Added Across Protocol (ACX) to its Roadmap
Source: https://x.com/CoinbaseAssets/status/1821660171254268064
0xResearch: What Went Wrong with Multichain Crypto
Guest: Stan & Zon - Founders of Initia
> The complexities of crosschain interactions
> Initia's "Vested Interest Program”
> UX hurdles hindering the promise of interwoven rollups, and more
Source: https://www.youtube.com/watch?v=V7zBeCqbSUs
Archetype | Solana Day: Technical Intro to Solana by Andrew Hong
He discussed how to read a block explorer:
> Breaking Down the Explorer
> Instructions and Compute
> Tokens and Accounts
> Programs and Storage
> Mapping Key Projects
> Solana Data Tools and Resources
Source: https://x.com/archetypevc/status/1821229014906016014?s=52&t=txFAbiSPTdLLDlAYj9X_AA
The Fed Said it Found “Significant Deficiencies” in the Risk Management Practices at Customers Bank
The Fed and Customers Bank filed a written agreement on Thursday with a plan to disclose operations and crypto risk exposure
Source: https://x.com/blockworks_/status/1821584938250146132?s=52&t=txFAbiSPTdLLDlAYj9X_AA
August 7th~ Rollup
🐚 Research and Ideation 💡
- Shoal Research: Particle Network - The Chain Abstraction Layer
- Michael Dempsey: The Venturification of Research & The Resulting Prisoner’s Dilemma
- Jonah: Thoughts on Jump Supposedly Leaving Crypto
- Cornergirl999: Token Migration 101
- 0xPass - Architecture and Decentralization Plan (paper)
- Staphwriter: Tim Walz's Finances (Per Dan Primack Newsletter)
- Spectral: How to Build an AI Agent To Short ETH Using Spectral Syntax V2
- Ryanqyz: What Happened in the Blockchain Industry
- Polymarket: Harris Ties with Trump After Flipping Him for the First Time Earlier
- MLDzmnG: A Deep Dive Into Autonolas Protocol
- 0xPARC: Programmable Cryptography (Part 1)
- CoW AMM: The Next Frontier of AMM Innovation
🐚 News 📕
- Michael Saylor Says He Personally Owns More Than $1B in Bitcoin: BBG
🐚 Project Updates 🔔
- Ethena USDe is Now Live on Solana
- Binance Labs Invests in Solayer to Drive the Solana Restaking Ecosystem Forward
- Grayscale Launches New Crypto Investment Trusts for SUI and TAO
- Nillion Teams Up with Ritual for Decentralized Blind AI Inference Technology
- Pacmoon $PAC is Leaving Blast, Becoming $ARMY On Solana
0xPARC: Programmable Cryptography (Part 1)
Programmable Cryptography is a “2nd generation" of cryptographic primitives, which allow arbitrary programs to be executed "inside of" or "on top of" cryptographic objects.
> This piece discuss what makes these primitives so powerful, and how might they reshape the Internet in the next 1-2 decades
Source: https://0xparc.org/blog/programmable-cryptography-1
MLDzmnG: A Deep Dive Into Autonolas Protocol
Autonolas Protocol is a revolutionary platform empowering developers, DAOs, and communities to create and deploy AI-powered autonomous agents across various blockchain environments
> Autonolas services have surpassed 1 million transactions across various chains👇
https://flipsidecrypto.xyz/MLDZMN/autonolas-services-and-use-cases-8kvO0v
Source: https://x.com/mldzmng/status/1820833948076752907?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Harris Ties with Trump on Polymarket Betting Odds After Flipping Him for the First Time Earlier
Source: Polymarket
Ethresearch: ShardDAG - Ordering and Exploitation in Sharded Blockchains
State sharding amplifies MEV exploitation and censorship problems that exist in non-sharded blockchains.
> This research propose a shardDAG architecture for state sharded blockchains or multi-chain systems, combining protocol rules, rewards and penalties that constrain transaction exploitation and external influences like regulatory censorship
Source: https://ethresear.ch/t/sharddag-ordering-and-exploitation-in-sharded-blockchains/20203/1
Tim Walz's Finances (Per Dan Primack Newsletter)
“Walz doesn't own a single stock, per financial disclosures & confirmed by a spokesperson”
“Same goes for his wife Gwen,per tax filings”
Source: https://x.com/staphwriter/status/1821189463730471110?s=52&t=txFAbiSPTdLLDlAYj9X_AA
0xPass - Architecture and Decentralization Plan
The 0xPass platforms allows clients to seamlessly operate across multiple crypto ecosystems using a single account. Composed of the following 3 layers:
> Orchestrator Layer
> Solver Layer
> Transaction Layer
Source: https://x.com/0xpass_io/status/1820922868969963783?s=46&t=2q9OLMlaobNlHLewOXT4uA
Jonah: Thoughts on Jump Supposedly Leaving Crypto
“Jump has probably exited "building" altogether, which is why you see their bags getting jeeted when you check the chain”
“I’d also guess that their vanilla trading operation is still humming away and printing plenty of money”
Source: https://x.com/jvb_xyz/status/1821217485921702345?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Shoal Research: Particle Network - The Chain Abstraction Layer
By simplifying interactions and making blockchain technology more accessible, Particle Network is paving the way for broader adoption of dApps
> Our latest piece explore the need for chain abstraction & how Particle Network is approaching this phenomenon.
https://www.shoal.gg/p/particle-network-the-chain-abstraction
Source: https://x.com/Shoalresearch/status/1821230028975472862