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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
Toliman: First Public SUAVE Testnet
With Toliman you can build entirely new intent systems, auctions, AI agents, and more as a coprocessor to the Etheruem block production process
https://collective.flashbots.net/t/announcing-our-new-suave-testnet-toliman/3770
Source: https://x.com/DistributedMarz/status/1824129714581020855?t=cnykCYbEayIYIy72JcsHdg&s=19
Pink Brains: Top Liquid Restaking Protocols Primed for Rewards and Airdrops
Source: https://x.com/pinkbrains_io/status/1824038352309678500?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Four Pillars | Opinion: The Reason Why LPs Lose More Money Than You Think
“the entity causing losses to LPs is none other than external parties such as arbitrageurs”
> “As value generated in the protocol continuously get extracted by external entities, the value that goes to participants contributing to the protocol's operation decreases”👇
Source: https://x.com/FourPillarsFP/status/1824023279679721660
Delphi Digital: AI x Crypto (Part 1) - The Tower & the Square
A layman’s exploration into the AI value-chain
Will the future be ruled by colossal models from a few tech giants, or will millions of diverse open-source models thrive? A global neural network? A hivemind👇
Source: https://members.delphidigital.io/reports/the-tower-the-square?utm_source=twitter&utm_medium=social&utm_campaign=T%26SUnlock#the-tower---the-square-5346
Sonic SVM Partners with Solayer
With Solayer enabling blockspace prioritization for Sonic AVS, Sonic is set to elevate Web3 gaming on Solana with enhanced stability and performance.
Source: https://x.com/sonicsvm/status/1823899695225172115?s=52&t=txFAbiSPTdLLDlAYj9X_AA
$1.3 Trillion Asset Manager, Morgan Stanley, Discloses $187 Million Bitcoin ETF Holdings
Source: Watcher Guru
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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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
Binance Labs Invests in MyShell Through Binance Labs Incubation Season 6 to Scale Open Ecosystem for AI Creators
MyShell is a decentralized AI consumer ecosystem that allows everyone to build, share & own AI Apps
Source: https://www.binance.com/en/blog/ecosystem/binance-labs-invests-in-myshell-through-binance-labs-incubation-season-6-to-scale-open-ecosystem-for-ai-creators-9217491831218949514?hl=en
ZachXbt: How North Korean IT Workers Exploited Fake Identities to Steal $1.3M in Treasury Funds
The laundering path for the incident:
> Transfer $1.3M to theft address
> Bridge $1.3M from Sol to Eth via deBridge
> Deposit 50.2 ETH to Tornado
> Transfer 16.5 ETH to two exchanges
Source: https://x.com/zachxbt/status/1824047425822310580?s=52&t=txFAbiSPTdLLDlAYj9X_AA
August 14th~ Rollup
🐚 Research and Ideation 💡
- Fisher8: What Is Fully Homomorphic Encryption (FHE) in Web3?
- Messari: DePIN Update with Dylan Bane
- Bitgo: WBTC Community Discussion Recap
- Jatsremski Podcast: Solana's Outperformance and the Emergence of Secular Winners
- Toni Wahrstätter: On Attestations, Block Propagation, and Timing Games
- Sami: Dispelling Bittensor FUD
- Particle Network: Conversations with a BERA
- Delphi Digital: AI x Crypto (Part 1) - The Tower & the Square
🐚 News 📕
- Apple: Developers Can Soon Offer In-App NFC Transactions Using the Secure Element
- Morgan Stanley Discloses $187 Million Bitcoin ETF Holdings
🐚 Project Updates 🔔
- dYdX Chain to Allow Users to List ‘Virtually Unlimited’ Markets in Upcoming Upgrade
- MetaMask Starts Rollout of Blockchain-Based Debit Card
- Bitcoin is Now Live on Symbiotic
- EigenLayer Introduces Permissionless Token Support (Coming Soon)
- MAGIC Coming Soon to EigenLayer
- Grass: Epoch 7 Has Ended. What's Next?
- Renzo Introduces $ezSOL: The first LRT on Jito
- Meteora x Moonshot: A New Meta for Memecoin Launchpads
- EtherFi Introduces Bitcoin LRT Vault
- DarkFi: World's First and Only Fully Anonymous On-Chain DAO
- Coinbase: AltLayer MACH Now Live on Coinbase’s EigenLayer Operator
- Sonic SVM Partners with Solayer
🐚 Raises 💰
- Sahara AI Raises $43M in a Series A Funding Round
Particle Network: Conversations with a BERA - Unraveling Chain Abstraction in the Berachain World
based on a Telegram interview with Berachain’s Ecosystem team in light of them joining the Chain Abstraction Coalition
Source: https://blog.particle.network/chain-abstraction-berachain/
Grass: Epoch 7 Has Ended. What's Next?
> A snapshot is being taken, and it will be used to determine eligibility in the upcoming airdrop.
> As a lead up into the airdrop, Grass has introduced a limited time Bonus Epoch, specifically designed to encourage users to download the new Desktop Node.
Source: https://x.com/getgrass_io/status/1823801038467404149?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Sami: Dispelling Bittensor FUD
He highlighted Bittensor’s lack of awareness is an issue that both the community and subnet teams need to tackle.
> Sami presented these slides at the 2024 DePIN Summit, which provide a high-level overview of Bittensor and highlight what the ecosystem has achieved so far 👇
Source: https://www.samikassab.com/p/dispelling-bittensor-fud
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/