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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
Starting with iOS 18.1, Developers Can Soon Offer In-App NFC Transactions Using the Secure Element From Within their Own Apps on iPhone
Source: https://x.com/0x_osprey/status/1823774134725435681?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Sahara AI Raises $43M in a Series A Funding Round Led by Pantera, Binance Labs, & Polychain
Sahara AI is a decentralized AI blockchain platform for an open, equitable, & collaborative economy
Source: https://x.com/crypto_dealflow/status/1823681462576529789?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Jatsremski Podcast: Solana's Outperformance and the Emergence of Secular Winners
Guest: Ryan Watkins - co founder Syncracy Capital
Discussion:
> Changing his mind on Solana
> Getting users and building apps at scale
> Mega Trends, DePIN, and more
Source: https://www.youtube.com/watch?v=m0NFqVKTJ0c
Messari: It's Time for a DePIN Update with Dylan Bane –Research Analyst @ Messari
> He dives deep to separate real progress from hype, offering insights on revenue, Layer 1 traction, and what's next.
Source: https://www.youtube.com/watch?v=p4P4dOZUr4M
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If you are a project, investor, or researcher working on something interesting, we would love to chat.
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Meteora x Moonshot: A New Meta for Memecoin Launchpads
Where both creators and holders can perpetually earn trading fees from permanently locked liquidity, creating true community-owned memecoins.
Source: https://meteoraag.medium.com/meteora-x-moonshot-a-new-meta-for-memecoin-launchpads-9917b833a940
$MAGIC Coming Soon to EigenLayer
Together with Eigen DA, this is set to unlock a new paradigm of staking on the Treasure chain.
Source: https://x.com/treasure_dao/status/1823743564310008112?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Bitcoin is Now Live on Symbiotic
Source: https://x.com/symbioticfi/status/1823731634589573591
August 13th~ Rollup
🐚 Research and Ideation 💡
- Four Pillars: Exploring Solana’s Ecosystem Boom
- Arxiv: Sui Lutris: A Blockchain Combining Broadcast & Consensus
- xparadigms: Sui Lutris and Ethereum Preconfirmation
- Dewhales: Azuro Explained - Fat Platform for Onchain Prediction Markets
- Joshua Baker: Aori, Game Theory, and DeFi
- Coinbase Institional: Market Intelligence - ETH and the Rise of L2s
- Nick Garcia: Helium’s Carrier Offload Program Revolutionizing Telecom
- Nick Tomaino: Polymarket Investment Memo (August 2020)
- Natalie: Programmable Media
- ChainLinkGod on Memecoin Gambling, Pumpfun, Retail, and more
🐚 Project Updates 🔔
- Grayscale Introduces New Single-Asset Fund for MakerDAO's MKR Token
- Binance Introduces Toncoin $TON on Launchpool and Super Earn!
- The Arena: Long / Short / Hedge Any New Token on Solana
- Fuse Wallet is Now Available On Apple App Store
- Coinbase Teases Possible Wrapped Bitcoin Product, “cbBTC” Following wBTC Worries
- Ethereum Avg. Gas Price Dropped to 1.048 Gwei ($0.06)
- Sonic Labs Announces Andre Cronje as the New Chief Technology Officer (CTO)
🐚 Raises 💰
- Essential Raises $11M in a Series A Funding Round Led by Archetype
- Reddio Announces the Completion of their Seed Round Funding
dYdX Chain to Allow Users to List ‘Virtually Unlimited’ Markets in Upcoming Upgrade
The upgrade will allow users to create new token trading markets without needing governance approval under the permissionless listing feature.
Source: https://www.theblock.co/post/311077/dydx-upcoming-upgrade-autumn-2024
Sonic Labs Announces Andre Cronje as the New Chief Technology Officer (CTO)
Andre is well known as one of the best software engineers in the blockchain industry, as well as a pioneer in decentralized finance (DeFi).
Source: https://blog.soniclabs.com/andre-cronje-chief-technology-officer-of-sonic-labs/
Coinbase Teases Possible Wrapped Bitcoin Product, “cbBTC” Following wBTC Worries
Source: https://x.com/coinbase/status/1823501582006411614
Polymarket Investment Memo (August 2020)
Source: https://x.com/NTmoney/status/1823448692537647531
Coinbase Institional: Market Intelligence - ETH and the Rise of L2s
> There is only a comparatively minor reduction in ETH demand that results specifically from an L2-focused roadmap.
> ETHʼs utilization in protocols may become a larger component of ETH demand than transaction fees, the latter of which might trend towards zero.
Dewhales: Azuro Explained - Fat Platform for Onchain Prediction Markets
Azuro is an infrastructure/liquidity layer for forecast on the blockchain. It uses a new liquidity pool design, a liquidity tree that creates and maintains market liquidity
> The protocol uses a hybrid oracle/automated market maker solution to determine the coefficients of various results and ensure the integrity and transparency of the process👇
Source: https://x.com/DewhalesCapital/status/1821552411632107918
Toni Wahrstätter: On Attestations, Block Propagation, and Timing Games
This piece shows the evolution of proposer timing games and analyze their impact on attesters.
The TL;DR is:
> Timing games cause missed attestations
> The proposers of Kiln cause the biggest problems
> Attestation timing varies across Lido, Coinbase, and Kiln
https://ethresear.ch/t/on-attestations-block-propagation-and-timing-games/20272/1
Source: https://x.com/nero_eth/status/1823710182628602264?s=52&t=txFAbiSPTdLLDlAYj9X_AA
AltLayer MACH is Now Live on Coinbase’s EigenLayer Operator
Check out Coinbase guide to AltLayer👇
Source: https://www.coinbase.com/en-tr/developer-platform/discover/protocol-guides/guide-to-altlayer#conclusion
WBTC Community Discussion Recap: Featuring weremeow, Loi Luu, and Mike Belshe
Co- hosted by Bitgo
> Bitgo recapped WBTC’s new multi-jurisdictional, multi-institutional custody transition plan and underscored the importance of this upgrade👇
Source: https://x.com/bitgo/status/1823751918575095854?s=52&t=txFAbiSPTdLLDlAYj9X_AA
DarkFi: World's First and Only Fully Anonymous On-Chain DAO with Token-Weighted Voting
> The DAO cannot be seen on-chain
> The treasury is dark. Payments to and from are unlinkable and amounts are hidden.
> Voting tokens owned by members are anon. You cannot see who is a member nor shares they hold.
Source: https://x.com/narodism/status/1822983009693261912?s=46&t=2q9OLMlaobNlHLewOXT4uA
EtherFi Introduces Bitcoin LRT Vault
This gives EtherFi users an easy onboarding into restaking with BTC
> First partner is Symbiotic, still to onboard new partners including Eigenlayer and Karak
Source: https://x.com/ether_fi/status/1823762364489191447?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Renzo Introduces $ezSOL: The first LRT on Jito
Combining the power of Renzo’s liquid restaking with Jito’s MEV-enhanced validators
Source: https://x.com/RenzoProtocol/status/1823746177885450506
EigenLayer Introduces Permissionless Token Support (Coming Soon)
An upcoming update that will enable any ERC-20 token to be added as a restakable asset
> EigenDA will be the first AVS to use this feature
> Now on testnet, mainnet planned for next week
Source: https://x.com/eigenlayer/status/1823736653589918013
Fisher8: What Is Fully Homomorphic Encryption (FHE) in Web3?
FHE is a cryptographic technology that allows computation on encrypted data without needing decryption
> FHE brings composable on-chain confidentiality
> Associated web3 privacy technologies include zero knowledge (ZK), multi-party computation (MPC), and trusted execution environments (TEE)
Source: https://fisher8.capital/insights/what-is-fully-homomorphic-encryption-fhe-in-web3
MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx
Source: https://www.coindesk.com/business/2024/08/14/metamask-starts-rollout-of-blockchain-based-debit-card-developed-with-mastercard-baanx/
ChainLinkGod: Memecoin Gambling, Pumpfun, Retail, and more
“10,000 pumpfun rugs launched in 3 hrs, amazing, this is truly the future of finance, nevermind the $80M extracted from retail in the process”
> Until the institutional side of crypto adoption starts to truly pick up steam (ETFs, tokenized assets, etc), it’s hard for me to see why new retail would want to enter crypto currently
Source: https://x.com/ChainLinkGod/status/1823421485735928074
Ethereum Avg. Gas Price Dropped to 1.048 Gwei ($0.06)
Source: https://x.com/degeneratenews/status/1823544510934090066?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Natalie: Programmable Media
This essay focus on media businesses, specifically, how they evolve through these economic fluctuations
> The relationship between media formats, new consumer behaviors, advertising surfaces, and business models
Source: eclecticcapital.eth/programmable-media" rel="nofollow">https://paragraph.xyz/@eclecticcapital.eth/programmable-media
Helium’s Carrier Offload Program Revolutionizing Telecom
Telecom carriers are leveraging Helium with clear synergies for both parties:
> Carriers save $$ and offer better coverage.
> Helium receives more traffic routed through the network leading to more rewards for hot spot suppliers and more HNT burned.
Source: https://x.com/nickdgarcia/status/1823402431021031832?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Joshua Baker: Aori, Game Theory, and DeFi
Discussing what Aori is all about and what DeFi will look like over the next few years
Source: https://mirror.xyz/joshbaker.eth/hG9TpGNy5VhZhP8q1JWGuA8frtiZEphCttXPQc9_Zak
Reddio Announces the Completion of their Seed Round Funding, Led by Paradigm and Arena
Reddio is launching a high-performance parallel EVM Layer 2, Ethereum-level security, cutting-edge ZK-proof, and EVM-compatibility!
Source: https://x.com/reddio_com/status/1823328698902483425