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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
Neil | Aptos: Let’s Talk About Move
This piece explores the journey & evolution of the Move programming language, originally developed by Meta for the Diem project, into its current prominence as the foundation of the Aptos chain.
Source: https://x.com/neilhar_/status/1838921421277290877?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Seth Bloomberg: Breaking Down Bittensor’s Network Effects
The network effects of Bittensor are driven by AI/ML developers familiar with its mining system and deep, liquid TAO markets.
> This post explore how this network effect can break down, if TAO emissions fail to cover operating costs or if AI/ML devs find more lucrative opportunities outside the ecosystem👇
Source: https://x.com/bloomberg_seth/status/1839058152513482935?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Notable Differences Between Uniswap and CoWSwap
Uniswap: - 2.34% CoWSwap: - 0.7%
> Reason being that Uniswap uses AMM pools, while CoWSwap uses intents
> AMMs are good for price discovery, while Intents have better UX & prices for users
Source: https://x.com/chandan1_/status/1838939662834180486?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Stacy Muur: A Deep Dive into Nillion Network
Nillion is a secure computation network that decentralizes trust for high-value data, similar to how blockchains decentralized transactions.
> It addresses the ability to compute on stored data without compromising security
> This piece provide a deep dive into Nillion and why it is a unique infrastructure protocol to watch
Source: https://x.com/stacy_muur/status/1839014897784598741
DePIN Day Singapore by Fluence & Aethir
Source: https://www.youtube.com/live/3PTF2VJTAOY?t=13621s
Hyperbolic’s High-Performance AI Inference Models are Now Integrated into MyShell
Hyperbolic is expanding its ecosystem by integrating its high-performant AI models, Llama 3.1 and Flux, into MyShell, a decentralized AI platform for creators.
Source: https://hyperbolic.xyz/blog/myshell-integrates-hyperbolic-open-source-ai-inference-models?utm_source=x&utm_campaign=myshell
Tether and Circle Face Major Revenue Losses with Each 50 bps Rate Cut
For every rate cut of 50 bps:
> Tether loses $488M while Circle loses $144M in annualized revenue.
Source: https://x.com/bluechip_org/status/1838300130673316133?s=46
September 24th~ Rollup
🐚 Research and Ideation 💡
- Decentralised Co: Beyond Seed Phrases
- tradetheflow_: The Great Return of DeFi
- 0xSynthesis1: Stablecoin Landscape
- Kaito AI: Insights from all 75 Product Launches at Solana Breakpoint 2024
- Argument: RISC-V ZKVMs - The Good and the Bad
- 0xBreadguy: WTF are Based Rollups?
- Jason Choi: Helium & GEODNET Are Go-to Way of Explaining Crypto to Normies this Cycle
- Messari: The DAWN of DePIN - Commoditizing Internet Bandwidth with Fixed-Wireless Broadband
- Grayscale | Building Block: Bittensor
- Brett Palatiello: The Mechanics of Allocating and Slashing Unique Stake
🐚 News 📕
- SEC Charges TrustToken and TrueCoin with Defrauding Investors
- Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
🐚 Project Updates 🔔
- Aave V3 Market Now Includes wBTC, cbBTC, and tBTC
- Metaplex Introduces Metaplex Aura
- D8X Leveraged Prediction Markets Are Now Live
- EtherFi Announces $eUSD - A Stable LRT
- Eigen Unlocking: Transfer Restrictions Expected to End Sept 30th, 2024
- Capsule Partners with Telegram to Help Build Secure, Non-Custodial Mini-Apps and Bots
- Moar Market: A Credit Layer Built on Move
🐚 Events 📍
- Blockchain Association to Lead DePIN Capitol Hill Briefing on October 2 in DC
Grayscale | Building Block: Bittensor
Bittensor helps leverage economic incentives and decentralized networks for open and accessible AI development.
> This report discuss how Bittensor works and how it aims to promote equitable AI development
Source: https://www.grayscale.com/research/reports/building-block-bittensor
Blockchain Association to Lead a Groundbreaking DePIN Capitol Hill Briefing on October 2 in DC
Participating members will include: Helium, GEODNET, Filecoin Foundation, Multicoin Capital, Coinfund, CESS Network, and more
Source: https://x.com/BlockchainAssn/status/1837155699450581428
Moar Market: A Credit Layer Built on Move
Launching Q4 2024 using Move on Aptos
It introduces the concept of Composable Leverage giving you credit (up-to 25x) to use across DeFi Protocols.
Source: https://x.com/MoarMarket/status/1838642517472088505
Capsule Partners with Telegram to Help Build Secure, Non-Custodial Mini-Apps and Bots
Source: https://x.com/usecapsule/status/1838564964975755534?s=52&t=txFAbiSPTdLLDlAYj9X_AA
0xBreadguy: WTF are Based Rollups?
Based Rollups are different than "Optimistic" and "ZK" rollups because they're considered more synergistic with mainnet Ethereum.
> They utilize Ethereum's block builders as sequencers, allowing L2s to inherit Ethereum’s liveness and composability while sharing transaction fees with L1
> This post explain what based rollups are, and how they are different from traditional rollups
Source: https://x.com/0xbreadguy/status/1838546025415610865?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Kaito AI: Insights from all 75 Product Launches at Solana Breakpoint 2024
On DeFi, DePIN & AI, Stablecoins, Bridging, Wallet/ Payments, RWA/ PayFi, DeSci, Gaming & NFT……
Source: https://kaitoblogs.substack.com/p/breakpoint-2024-kaitos-ultimate-alpha
0xSynthesis1: Stablecoin Landscape
A dive into the rapidly evolving world of stablecoins in both the centralized and decentralized space
Source: https://x.com/0xSynthesis1/status/1838227475811148003
Sumer Malhotra: Chain Abstraction in a Nutshell
Source: https://x.com/sumermalhotra_/status/1839009025918476666?s=46&t=ywALktyM5ZCyt-zigN5Big
Arthur Hayes: Volatility Supercycle
An essay exploring Hayes track record of predictions and why it doesn't matter as long as the elites continue suppressing the volatility of markets using printed money.
> “Global elites are once again suppressing volatility in their country or economic bloc by lowering the price of money and boosting its quantity”.
> This is expected to boost the value of crypto investments
Source: https://cryptohayes.substack.com/p/volatility-supercycle?r=aaog1&utm_campaign=post&utm_medium=web&triedRedirect=true
Blockworks Releases Public Solana Dashboard
Check out for financial, activity, and DEX metrics.
https://solana.blockworksresearch.com/?dashboard=sol-dex
Source: https://x.com/blockworksres/status/1838992333825806632
Seed Club’s Newsletter: Weekly Consumer Crypto Roundup
Doodles integrating crypto payments, Revolut’s stablecoin plans, and a Texas court dismissing ConsenSys's lawsuit against the SEC, and more
Source: seedclubhq/seedclub-network-news-sept-25-2024" rel="nofollow">https://paragraph.xyz/@seedclubhq/seedclub-network-news-sept-25-2024
Berachain Reveals Request for Broposal (RFB)
RFB is designed to resource early teams & give a sneak peek into a novel way for apps to seed mainnet liquidity. The RFB Program consists of:
> Boyco
> Request for Application
> Request for Community
Source: https://x.com/berachain/status/1838976894751957490?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Spheron Network: Running Kuzco Worker Node on Spheron
Kuzco is a distributed GPU cluster built on the Solana blockchain
> This video will walk you through the process of how to deploy a Kuzco worker node on Speron in just a few minutes.
Source: https://www.youtube.com/watch?v=IvNqTNS_L6U
Ole Spjeldnæs: Finance in 2027
This piece introduce what is called “Clopen finance”, an integration of Closed (TradFi) and Open (DeFi). It is believed this is what finance will look like in 2027
> This Clopen model combines the validity, transparency and censorship resistance properties that users inherit from DeFi with the customizability, autonomy and scale that developers enjoy in TradFi & fintech👇
Source: https://x.com/spjoleh/status/1838606721201189029?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Binance Launches Pre-Market Spot Trading
Exclusive offering for users to acquire tokens before official spot listing
Source: https://www.binance.com/en/support/announcement/binance-launches-pre-market-exclusive-offering-for-users-to-acquire-tokens-before-official-spot-listing-e6db38d921e4416384546dcf94cbf06a?hl=en
Brett Palatiello: The Mechanics of Allocating and Slashing Unique Stake
While operators directly assign percentages of their stake, in reality, the process is more nuanced.
This post explains the mechanics of allocating and slashing Unique Stake for Operators.
https://forum.eigenlayer.xyz/t/the-mechanics-of-allocating-and-slashing-unique-stake/13870
Source: https://x.com/brettpalatiello/status/1838640672519110822?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
concerns over Justin Sun's role involvement in the custody of bitcoin backing the WBTC token.
Source: https://www.coindesk.com/tech/2024/09/24/sky-pauses-plan-to-offboard-wrapped-bitcoin-after-chat-with-bitgos-belshe/
Messari: The DAWN of DePIN - Commoditizing Internet Bandwidth with Fixed-Wireless Broadband
DAWN is building a decentralized fixed-wireless network to commoditize internet bandwidth and shift internet infrastructure ownership into households, resulting in 90% lower prices.
> This piece dives into DAWN, and its vision is to shift internet infrastructure into households.
Source: https://x.com/dylangbane/status/1829573900851658842
Jason Choi: Helium & GEODNET Are Go-to Way to Explain Crypto to Normies this Cycle
Source: https://x.com/mrjasonchoi/status/1838191120817475751?s=52&t=txFAbiSPTdLLDlAYj9X_AA
RISC-V ZKVMs: The Good and the Bad
RISC-V-based ZKVMs have revolutionized developer productivity by enabling rapid prototyping of zk proofs using familiar toolchains.
> This post offers a perspective on RISC-V ZKVMs, both the advantages and the drawbacks, and what this may mean for the Ethereum Foundation.
Source: https://argument.xyz/blog/riscv-good-bad/
Eigen Unlocking: Transfer Restrictions Expected to End Sept 30th, 2024
7-day withdrawal period for unstaking EIGEN.
Source: https://x.com/eigenfoundation/status/1838270195246170553
SEC Charges Crypto Companies TrustToken and TrueCoin With Defrauding Investors Regarding Stablecoin Investment Program: SEC
SEC claims 99% of TUSD reserves were invested in 'speculative offshore fund
Source: https://www.sec.gov/newsroom/press-releases/2024-145