-
Decentralized Capital Markets Research & Articles: www.shoal.gg Twitter: https://twitter.com/Shoalresearch TG link: https://t.me/shoalresearch Website: Shoalresearch.xyz
Makenowmeme Now Allows Anyone to Launch Memecoins Directly from a Tweet on X
Source: https://x.com/makenowmeme/status/1818564678815302148
OpenAI Releases ChatGPT’s Hyper-Realistic Voice to Some Paying Users
ChatGPT Plus users will get to see first hand how hyper-realistic OpenAI’s Advanced Voice Mode really is.
Source: https://techcrunch.com/2024/07/30/openai-releases-chatgpts-super-realistic-voice-feature/
Eclipse: The Best Of Solana, Ethereum, And Celestia
Eclipse has chosen Celestia for data availability and Ethereum for consensus and settlement.
> These design choices mean Eclipse will have extremely fast and cheap transactions through the SVM, while tapping into Celestia’s DA layer for economical & easily verifiable publishing of transaction data
> Since it runs the SVM, developers who may feel intimidated or crowded out by large protocol teams with significant headstarts on Solana can experiment with Eclipse as a greenfield SVM👇
Source: https://www.placeholder.vc/blog/2024/7/30/eclipse-thesis-combining-the-best-of-solana-ethereum-and-celestia
Reuters: California DMV Puts 42 Million Car Titles on Blockchain to Fight Fraud
Source: https://x.com/reuters/status/1818287973277872267?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Gordon Liao: What Drives Crypto Asset Prices?
This paper investigates the drivers of Bitcoin returns and stablecoin flows using a structural VAR model identified with sign & magnitude restrictions
> Analysis shows that crypto markets are influenced by a blend of traditional financial factors and unique crypto-specific dynamics
> It highlight the importance of these drivers in navigating the volatile landscape of digital assets
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4910537
Source: https://x.com/gordonliao/status/1818333343651688631
Movement Labs Public Testnet is Now Live
Whether you're a dev, creator, or community enthusiast, Movement has a place for you
> USERS can get involved with testnet by helping Build the Parthenon (Movement mainnet), this include participating in Galxe quests - here
> Developers can build on the Movement testnet through the Battle of Olympus
Source: https://blog.movementlabs.xyz/article/movement-testnet-movedrop-parthenon-how-to-use
Dune Dashboard to Track All Ethereum ETF Onchain Flows
tracks onchain deposits & withdrawals of addresses identified as custodians of Eth ETFs.
https://dune.com/hildobby/eth-etfs
Source: https://x.com/hildobby_/status/1818277136131842418
Haseeb on Hype and Community
“Hype is not community. You can build a big brand and still not have a community”
> Community is not what you give to your users, it's what your users give to each other.
Source: https://x.com/hosseeb/status/1817967979122012185
0xngmi: Looks like Humpy and Compound Reached a Truce
> Humpy will cancel proposal and drop the +500k in comp tokens
> Comp will share fees earned with comp holders
Source: https://x.com/0xngmi/status/1818061316713759136?s=52&t=txFAbiSPTdLLDlAYj9X_AA
ASXN: The Game Theory of Bitcoin Adoption Among Nations
> Nations face a strategic game theory dilemma with Bitcoin adoption, balancing high early-mover risks with significant potential rewards.
> A Nation's Bitcoin adoption strategy is best understood with the help of two ideas: First Mover Advantage and the Payoff Matrix
> The payoff matrix indicates adoption as the dominant strategy, driving a bandwagon effect once influential nations act. 👇
Source: https://x.com/asxn_r/status/1818017375159206132
Sam Altman: The Days are Long but the Decades are Short (Life Advice)
> Never put your family, friends, or significant other low on your priority list.
> Life is not a dress rehearsal—this is probably it. Make it count.
> Pick the right thing to do, focus, believe in yourself, and work hard.
> Aim to be the best in the world at whatever you do professionally.
> Whether or not money can buy happiness, it can buy freedom, and that’s a big deal
> Talk to people more. Read more long content and less tweets. Watch less TV
> Go out of your way to be around smart, interesting, ambitious people.👇
Source: https://blog.samaltman.com/the-days-are-long-but-the-decades-are-short
Franklin Bi on the Compound Governance Attack
Source: https://x.com/FranklinBi/status/1817977808922288410
TheiaResearch: In Defense of Fundamentals
Splitting the world into two paradigms, we have fundamentals and periodic mania paradigm
> The fundamentals paradigm means you believe in the industry's long-term vision but don't expect tokens to trade above intrinsic value
> The Periodic mania paradigm: Investors believe there is a bubble every 4 years and none of this matters
> “We are due for a paradigm shift towards a fundamental view of the world”
> “We are still at the beginning of one of the largest cash flow opportunities in the history of capitalism”
> “All you need to do to benefit is work hard and focus on fundamentals”
Source: https://x.com/theiaresearch/status/1817903747974017356?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Stacy Murr: Overview of Theoriq
Theoriq provides a foundational protocol for managed agent interoperability and composition.
> It is built on three fundamental concepts: Interoperability, Composability, and Community governance
> Theoriq fosters a community-driven marketplace where developers, users, and agents interact, incentivized by token economics.
> The ecosystem is designed to evolve with AI progress & community needs, ensuring wide adoption
> Theoriq token serves as : incentive alignment mechanism, a security assurance tool, and Governance
> The protocol uses Proof of Contribution & Proof of Collaboration mechanisms to reward participants
Source: https://x.com/stacy_muur/status/1817920655796613159
$GM is Launching on Solana on Aug 14th, 2024
Source: https://x.com/gm_dot_ai/status/1817908702625796186
Blockworks: Restaking on Solana – A Look at Jito
Solana's architectural differences lend itself to the creation of new & unique AVSs. Its stake-weighted Quality of Service enables new restaking services
> Jito announced its restaking expansion for Solana recently, becoming 4th restaking product on Solana
> Jito will be competing with the likes of Picasso Network, Solayer, and Cambrian (yet to launch)
> Jito controls the majority of the market share i.e it has userbase that will easily be able to restake their tokens from within the protocol using their JitoSOL
Source: https://x.com/blockworksres/status/1818349490090524850?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Bagel: GPU Restaking
GPU Restaking represents a significant shift in resource distribution. It enhances market liquidity and resource availability.
> This aligns with core principles of p2p systems.
> It facilitates unrestricted compute power trade, democratizing access to high-performance computing
> Bagel has launched a GPU restaking solution in collaboration with Filecoin foundation
Source: https://blog.bagel.net/p/gpu-restaking
Termina: Overview of SVM Use Cases
Solana projects are moving execution off-chain to enhance their core products, these teams are not developing L2s or appchains as a product offering for others but rather to meet their own needs.
> There are 3 main types of off-chain architectures: Appchains & SPEs, Rollups, and Batchers
> This piece delve into projects that are leading this shift including: Grass, Cube, Zeta, Pyth, and more
Source: https://www.termina.technology/post/svm-usecases
The Irys L1 – The First Programmable Datachain
The Irys chain will be optimized for both storage and computation of data.
> Irys will enable scalable onchain and temporary data, all while having a native VM integrated in the base layer — the IrysVM.
Source: https://x.com/connorking_/status/1818316081456349536
Flip Research: SOL- The Emperor's New Clothes (Solana Bear Case)
“I believe that SOL is overvalued from a fundamental perspective, and while existing sentiment + momentum may well drive price increases in the short term, the longer term picture is far more uncertain”
> “I believe that the commonly cited SOL metrics are significantly overstated”
> Vast majority of organic users are losing money onchain to bad actors at a rapid pace.
> Retail inflows are still outpacing outflows to these sophisticated players, allowing for positive optics.
> Once users are fatigued from ongoing losses, many of these metrics will collapse quickly.
Source: https://x.com/flip_research/status/1818216739680710776?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Eclipse Mainnet is Now Open for Builders
Eclipse combines the best pieces of modular stack:
> Solana's speed and execution
> Ethereum's security and $480B in liquidity
> ETH as the gas token
> Lower tx fees than even Solana
> Celestia's scalability
Source: https://x.com/EclipseFND/status/1818285443491991678
July 29th~ Rollup
🐚 Research and Ideation 💡
- Decentralised Co: EigenLayer and AI
- Stacy Murr: Overview of Theoriq
- TheiaResearch: In Defense of Fundamentals
- Franklin Bi on the Compound Governance Attack
- Leviathan Podcast: Compound Hack Overview
- Sam Altman: The Days are Long but the Decades are Short (Life Advice)
- ASXN: The Game Theory of Bitcoin Adoption Among Nations
- 0xngmi: Looks like Humpy and Compound Reached a Truce
- Haseeb Differentiating Hype From Community
🐚 News 📕
- BlackRock (ETHA) Daily ETH Flows: +58.6m: BBG
🐚 Project Updates 🔔
- Moonshot is Now Live on Android
- Substack Introduces Embeds for Prediction Markets from Polymarket
- GM is Launching on Solana on Aug 14th, 2024
- Theoriq: The AI Agent Base Layer (Litepaper)
- Smort: First Lossless Prediction Market on Solana
- Jito Hits $3.2MM in Validator Tips, a New ATH
- Solana Generated $5.5M in Total Fees Yesterday, Highest Over the Last 3 Months
BlackRock (ETHA) Daily ETH Flows: +58.6m: BBG
Source: Tree News
Leviathan Podcast: Compound Hack Overview
Guest: Bryan Colligan of Alpha Growth’s
“The saga unfolded over the past few days, culminating in the passage of Proposal 289 - a controversial measure that allocates a staggering 499,000 COMP tokens (worth approximately $24 million and representing 5% of the total supply) to an LSD-style liquid locker controlled by a group known as the "Golden Boys." led by a whale investor called “Humpy”
> This episode explain the ongoing situation, how Humpy was able to get his vote passed, and what the future implications will be for Compound.
Source: https://open.spotify.com/episode/3ICsWq8KXitGDjjv2T7acx?si=QOKovAbKSKqshA5-xYXMYQ&nd=1&dlsi=15a696db60954e3f
Solana Generated $5.5M in Total Fees Yesterday, the Highest Amount Over the Last Three Months
58% of the value came from MEV tips and 37% from priority transaction fees
Source: https://x.com/smyyguy/status/1817945513594904986
Leviathan: Compound Hack Overview
Guest: Bryan Colligan of Alpha Growth’s
The saga unfolded over the past few days, culminating in the passage of Proposal 289 - a controversial measure that allocates a staggering 499,000 COMP tokens (worth approximately $24 million and representing 5% of the total supply) to an LSD-style liquid locker controlled by a group known as the "Golden Boys." led by a whale investor called “Humpy”
> This episode explain the ongoing situation, how Humpy was able to get his vote passed, and what the future implications will be for Compound.
Source: https://open.spotify.com/episode/3ICsWq8KXitGDjjv2T7acx?si=QOKovAbKSKqshA5-xYXMYQ&nd=1&dlsi=15a696db60954e3f
Jito Hits $3.2MM in Validator Tips Yesterday
a New All Time High
Source: https://x.com/AustinBarack/status/1817959001663111218
Smort: First Lossless Prediction Market on Solana
Smort manlets can long SOL, earn superior yield for correctly predicting the market, while being principal protected
Source: https://x.com/smort_xyz/status/1817944352842489988?s=46&t=ywALktyM5ZCyt-zigN5Big
Theoriq: The AI Agent Base Layer (Litepaper)
Theoriq is a novel protocol for creating and managing AI agents that addresses a critical gap in the current AI ecosystem.
> By providing quality solutions for interoperability & composability, Theoriq offers a path to unlocking the potential of collective artificial intelligence
> Its flexibility and extensibility coupled with a dynamic marketplace solution sets it apart
Source: https://cdn.prod.website-files.com/6631eac002c5853093efa70c/66a26a64a4d588f0092e6843_Theoriq_Litepaper_2024JUL23r2.pdf
Substack Introduces Embeds for Prediction Markets from Polymarket
This new feature is introduced to coincide with the advent of the 2024 Paris Olympics, on which Polymarket is providing comprehensive coverage
Source: https://on.substack.com/p/dynamic-prediction-market-tables?r=aaog1&utm_medium=ios&triedRedirect=true