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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
Telegram Founder, Pavel Durov, Detained by French Security Services at Paris Le Bourget Airport
Source: https://www.tf1info.fr/justice-faits-divers/info-tf1-lci-le-fondateur-et-pdg-de-la-messagerie-cryptee-telegram-interpelle-en-france-2316072.html
August 23rd~ Rollup
🐚 Research and Ideation 💡
- Jito: Understanding Node Consensus Networks
- Flywheel: Everything To Know About DYAD
- Uma: How Polymarket is Making Prediction Markets Mainstream
- 0xagarwal: The 100M+ Raises Club
- Juan Leon: Potential of Stablecoins Holding More US Treasury Bills
The 100M+ Raises Club
Source: https://x.com/0xagarwal/status/1826649534476550506?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Flywheel: Everything To Know About DYAD -First Capital Efficient Overcollateralized Stablecoin
Guest: Joey Roth - founder of Dyad
> Joey discussed DYAD’s novel approach to stablecoins and it’s place in the future of DeFi
Source: https://www.youtube.com/watch?v=gPdePjauvys
August 22nd~ Rollup
🐚 Research and Ideation 💡
- Momir: The Agent Wars - Silicon Valley Titans vs. Crypto Challengers
- Particle: Entering the Abstraction Era: (Optimistic) Predictions for Crypto's Future
- ICME: Minimal Space, Maximum Pace: How Memory Efficient Zero-Knowledge Proofs Work
- Multicoin Capital: 7 Factors To Consider When Evaluating BECMs
🐚 News 📕
- Deitaone: Nearly Half Of All Corporate Election Contributions In 2024 Come From The Crypto Sector
- Grayscale Launches Grayscale Avalanche Trust
- Franklin Templeton Launches Tokenized Money Market Fund BENJI on the Avalanche Network
🐚 Project Updates 🔔
- Artemis Launches Prediction Markets Sector
Franklin Templeton Launches Tokenized Money Market Fund BENJI on the Avalanche Network
Source: https://www.avax.network/blog/franklin-templeton-launches-tokenized-money-market-fund-benji-avalanche
ICME: Minimal Space, Maximum Pace: How Memory Efficient Zero-Knowledge Proofs Work
This piece explains why memory efficiency ZKP is crucial for the widespread adoption of zero-knowledge proofs, how current technologies are addressing this challenge, and what we can expect in the near future for memory efficient ZK.
Source: https://blog.icme.io/minimal-space-maximum-pace-how-memory-efficient-zero-knowledge-proofs-work/
Nearly Half Of All Corporate Election Contributions In 2024 Have Come From The Crypto Sector
“Blockchain companies have supplied 48% of the $248 million of corporate money donated to influence federal elections this cycle,”
Source: https://x.com/deitaone/status/1826631518774853733?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Momir: The Agent Wars - Silicon Valley Titans vs. Crypto Challengers
While both Web2 and Web3 technologies offer pathways for AI agent development, each approach has its unique strengths and challenges.
> This article discusses the competition between centralized AI agents from tech giants like Apple and Google and decentralized Web3 AI agents, exploring the strengths and challenges of each
> How the convergence of Web2 and Web3 approaches can help create more powerful and versatile AI agents👇
Source: https://x.com/momir_amidzic/status/1825895123315458281?s=46&t=ywALktyM5ZCyt-zigN5Big
Binance Futures Will Launch USDⓈ-Margined POPCAT and SUN Perpetual Contracts With Up to 75x Leverage
⏰2024-08-22 13:00 (UTC)
Source: https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-popcat-and-sun-perpetual-contracts-with-up-to-75x-leverage-adac46dd47b142aebfa1c003c17af568?hl=en
A Whale Has Spent 4,000 $stETH($10.4M) to buy 77,270 $AAVE at $135 in Just 1 Day!
Source: https://x.com/lookonchain/status/1826451034765697119?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Bankless: Mega ETH vs Monad: The Battle To Shape Ethereum's Future
> Which is faster, more decentralized, and more censorship-resistant?
> How did Monad and MegaETH build large communities before even launching a testnet, let alone a mainnet?
> What are their thoughts on criticism that building with the EVM is like building on quicksand? Could this eat at Solana's value proposition?
Source: https://www.youtube.com/watch?v=1qZbLyHPErg
ON–261: Zoomed-in on ZK Proofs
Exploring zero-knowledge growth, adoption, network health, and competitive dynamics across the application and infra stacks.
Source: https://www.ournetwork.xyz/p/on-261-zoomed-in-on-zero-knowledge-proofs
Aark Introduces 50x Leverage Trading on Polymarket — US Presidential Election Prediction
Source: https://aarkdigital.medium.com/introducing-aarks-50x-leverage-trading-on-polymarket-us-presidential-election-prediction-1ead08bc7ffa
0xResearch: The Modular Thesis Is Dead
Discussion:
> The death of modular crypto
> What happened to Farcaster?
> Drift Protocol's prediction market
> Differentiating decentralized social apps
> Ethereum should compete with its own L2s, more
Source: https://www.youtube.com/watch?v=BBxdzypLalg
Pivot Global: Solana - Single, Permissionless, Global State Machine
Solana has distinguishes itself as the distinct alternative programmable smart contract chain through unparalleled speed, affordability, and a unified ecosystem
This piece take a look at their progress with close attention to the following sectors:
> Payments & Stablecoins
> Defi
> Scaling Infra
> Consumer
Source: pivotglobal/solana-single,-permissionless,-global-state-machine" rel="nofollow">https://paragraph.xyz/@pivotglobal/solana-single,-permissionless,-global-state-machine
Juan Leon: Potential of Stablecoins Holding More US Treasury Bills
Stablecoins hold ~1% of US Treasury bills today, but that could soon grow to 15%, ranking them in the top 3 holders.
> With stablecoin regulation coming into effect in Europe in 2025 and the US looking to catch up, stablecoins will become increasingly embedded into the pipelines of the digital economy.👇
Source: https://x.com/singularity7x/status/1826327137785417817?s=46&t=ywALktyM5ZCyt-zigN5Big
Uma: How Polymarket is Making Prediction Markets Mainstream
Polymarket is enjoying a breakout year as traders increasingly look to prediction markets to bet on real-world events.
> In 2024, Polymarket has become a real-time sentiment tracker for major events like the upcoming US presidential election.
> As the optimistic verification mechanism that settles markets, UMA’s Optimistic Oracle is helping Polymarket on its mission to become a source of truth for the world.
Source: https://blog.uma.xyz/articles/how-polymarket-is-making-prediction-markets-mainstream
Jito: Understanding Node Consensus Networks
Any system that aims to establish a decentralized network can be considered an NCN.
> NCNs are key to decentralization, validating and confirming information across distributed nodes.
> These can include blockchains, cross-chain bridges, oracle networks, and more👇
Source: https://x.com/jito_sol/status/1825913526478831661?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Multicoin Capital: All Markets Are Not Created Equal: 7 Factors To Consider When Evaluating Blockchain-Enabled Collectibles Marketplaces
BECMs offer instant trading via cash settlement, reduce settlement time from weeks to seconds using stablecoins, and use NFTs as digital representations of physical assets held by a trusted custodian or authenticator.
> This piece break down seven key characteristics along three design axes: the financial axis, real world axis, and emotional axis.
Source: Tweet | multicoin.capital/2024/08/22/blockchain-enabled-collectibles-marketplaces/
Prediction Markets Sector on Artemis
Artemis has added the average cost to fill a $100k BUY or SELL order for the flagship Trump + Kamala markets on Drift's BET and Polymarket
Source: https://x.com/artemis__xyz/status/1826606666319888493
Grayscale Launches Grayscale Avalanche Trust
Source: https://www.globenewswire.com/news-release/2024/08/22/2934225/0/en/Grayscale-Investments-Launches-Grayscale-Avalanche-Trust.html
Particle: Entering the Abstraction Era: (Optimistic) Predictions for Crypto's Future
With scalability solved, a unification chapter begins. Old rules and playbooks will be out the door, and new kings will be crowned.
> Web3 is believed to be in the final stage of its modular era, entering a unification stage.
> With chain abstraction, we are approaching a turning point where our fragmented ecosystem can begin operating as a cohesive space 👇
Source: https://blog.particle.network/crypto-predictions-for-the-abstraction-era/
August 21st~ Rollup
🐚 Research and Ideation 💡
- Investment kingyru: Ton Challenges: Apple Restrictions and Possible Blocking in Russia
- Vitalik: Plurality Philosophy in an Incredibly Oversized Nutshell
- Alpha Please: Understanding Kamino - The Liquidity Layer of Solana
- Token Terminal: Tether's USDT on Tron DAO is Over 10x Bigger than MakerDAO's DAI on Ethereum
- Anoma: Intents from the Resource Model Perspective
- Syndica: Deep Dive: Solana DeFi - July 2024
- Four Pillars: Consumer Note 2
- 0xResearch: The Modular Thesis Is Dead
- Bagel: Visual Steps on How Transformers Actually Work
- ON–261: Zoomed-in on ZK Proofs
- Joshua Baker: There Is Nothing New Under The Sun
- Bankless: Mega ETH vs Monad: The Battle To Shape Ethereum's Future
- Spartan Group: The Growing Influence of the TON Network
- Lookonchain: Whale Spent 4,000 $stETH($10.4M) to buy 77,270 $AAVE at $135 in Just 1 Day
- Franklin Templeton: Landscape Overview: ETH Restaking & EigenLayer Case Study
🐚 News 📕
- Harris Supports Policies to Expand Crypto Industry, Aide Says: Bloomberg
🐚 Project Updates 🔔
- Aark Introduces 50x Leverage Trading on Polymarket for US Presidential Election Prediction
Franklin Templeton: Landscape Overview: ETH Restaking & EigenLayer Case Study
Pioneered by EigenLayer, restaking allows users to lock up their currently staked ETH again to provide collateral security to another PoS protocol.
> The Staking Contracts form the logic layer of the EigenLayer protocol, managing business logic like executing smart contracts and overseeing the network's rules and operations.
Source: https://x.com/FTI_DA/status/1826367352835113167
Spartan Group: The Growing Influence of the TON Network
Compared to 12 months ago, we're seeing:
> 4.6M daily transactions (23x YoY)
> 443,910 daily active wallets (75x YoY)
> $34.2B FDV (5x YoY)
> This piece dive into TON & its growing influence
Source: https://x.com/TheSpartanGroup/status/1826121049655664923
Joshua Baker: There Is Nothing New Under The Sun
Why searchers and solvers are a temporary phenomenon
The real distinction between these two is just the simple fact that when you send your orders to a solver platform, you’re letting yourself get arbitraged against other dexes with the idea that you’re getting cooked less.
Source: https://mirror.xyz/joshbaker.eth/YTw1MTQqUwVTBDD_gnO_hZJeBj8yaXzaRwHpUL4Ux9U
Bagel: Visual Steps on How Transformers Actually Work
> Input Encoding
> Positional Encoding → Input to Encoder
> Self-Attention Mechanism
Source: https://x.com/bagel_network/status/1826305026932781175
Kamala Harris Supports Policies to Expand Crypto Industry, Aide Says: Bloomberg
“She’s going to support policies that ensure that emerging technologies and that sort of industry can continue to grow,” according to Brian Nelson, senior campaign adviser for policy to the campaign
Source: https://www.bloomberg.com/news/articles/2024-08-21/harris-supports-policies-to-expand-crypto-industry-aide-says
Four Pillars: Consumer Note 2
featuring:
> The Stablecoin Wars - The Race to Dominate Stablecoins (USDC iPhone Tap to Pay, Tron USDT settles 1/3 of Visa’s Annual Settlement Volume)
> B3, The Fun-First Gaming Ecosystem Wants to Revive On-Chain Gaming
> Meme Mania Continues - Dub Social & Jeetdotso
Source: https://x.com/FourPillarsFP/status/1826181612461293888