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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
Balaji Srinivasan on Polytheistic AI, Human-AI Symbiosis & Prospects for AI Control (Dec, 2023)
Cognitive Revolution Podcast
Balaji - Former CTO at Coinbase and GP at a16z
https://www.youtube.com/watch?v=-9ROlCeB5FQ
Source: https://x.com/balajis/status/1734982567127044210
Delphi Digital: The AI x Crypto Stack
Source: https://x.com/delphi_digital/status/1828481786378362905?s=46&t=ywALktyM5ZCyt-zigN5Big
Teller Protocol: How to Use Time-Based Loans to Improve the Health of Leveraged Trades
Teller’s time-based loans eliminate the risk of liquidation due to price fluctuations.
> Since the loan is secured based on time rather than the collateral's current market value, the user doesn’t have to worry about sudden price drops affecting a position. 👇
Source: https://blog.teller.org/how-to-use-time-based-loans-to-improve-the-health-of-leveraged-trades/
=nill; foundation: Sharding as Parallelism
An examination of blockchain sharding through the lens of established parallel computing models leading to a better understanding of the potential and limitations of sharding.
Source: https://nil.foundation/blog/post/sharding_as_parallelism
Bubbly Finance Opens Trading for Hyperliquid
HL points at $4 on Bubbly!
Source: https://x.com/bubblyfinance/status/1828827429382824171?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Jeffrey Hu: Decoding Bitcoin MEV - Insights and Implications
Bitcoin MEV involves miners manipulating the block creation process for profit. This can range from users paying extra fees to miners colluding with users to exclude certain transactions.
> This report analyze the increasing complexity of MEV on Bitcoin and assess its implications for the broader ecosystem.
Source: https://x.com/hu_zhiwei/status/1828629246497239184?s=46&t=ywALktyM5ZCyt-zigN5Big
Andre Cronje: Why Defi?
“Defi doesn’t care, Defi doesn’t judge. Everyone is treated the same based on the rules of the system, and the rules are public and transparent for everyone to see”.
Source: https://andrecronje.medium.com/why-defi-14e961620ef9
OpenSea Receives Wells Notice From SEC: CEO
The SEC threatened to sue them because they believe NFTs on their platform are securities.
Source: https://x.com/dfinzer/status/1828791832009953706
🚨 Pavel Durov Released from Police Custody and Taken to Court
Source: Cointelegraph
TON Blockchain was Down for Over 6hrs
This halted block production and prompting Binance and Bybit to suspend transactions.
Source: https://www.theblock.co/post/313367/ton-blockchain-now-down-six-hours
Arthur Hayes New Essay “Sugar High”
Why JAYPOW's rate hike will not be enough ... but he will bring the real food in due time.
> The price of money is like the Snickers bars you consume to get a quick glucose boost.
> The quantity of money is like the slow, long, burning “real food.”
> The US economy is not hungry for rate cuts, but Powell will provide the sugar high anyway.
> Powell and Yellen will provide “real food” in some form of Fed balance sheet expansion very shortly to counter the effects of a strengthening yen.
Source: https://cryptohayes.substack.com/p/sugar-high
EigenLayer Introduces Permissionless Token Support
This feature will enable any ERC-20 token to be permissionlessly added as a restakable asset
Source: https://x.com/eigenlayer/status/1828083092591980698?s=52&t=txFAbiSPTdLLDlAYj9X_AA
MonadWhisper: Exploring Parallelization in Non-EVM Blockchains
Parallel transactions are transactions that are processed simultaneously provided they don’t touch the same state (they are independent)
> This piece explore the parallel execution in non-evm chains like: Solana, Sui, Aptos, and Fuel
> For Solana, it utilizes the deterministic parallel execution model where transactions’ dependencies are first determined before execution👇
Source: monadwhisper/exploring-parallelization-in-non-evm-blockchains-85b2be300e45" rel="nofollow">https://medium.com/@monadwhisper/exploring-parallelization-in-non-evm-blockchains-85b2be300e45
Decentralised Co: Abstracting Chains - Fixing Crypto UX
Chain abstraction aims to remove complexities and reduce the number of steps required for users to carry out their desired actions on-chain, turning workflows that currently require multiple steps into single transactions
This piece covers:
> The current state of crypto UX
> Driving forces behind building a chain
> Why we'll continue to see more of them
> Chain abstraction and how it works
> Modular order flow auctions
> Impact CA could have on the industry
Source: https://www.decentralised.co/p/abstracting-chains?r=aaog1&utm_medium=ios&triedRedirect=true
Talus Network: Pioneering the AI Agent Revolution in the Web3 Era
As AI's influence grows, a crucial question rises: Who will control the AI agents that increasingly shape our world?
> Talus is pioneering decentralized AI agents that operate autonomously on a high-performance blockchain, creating real value for individuals, businesses, and communities, not just big corporations👇
Source: https://x.com/TalusNetwork/status/1826605291066327437
0xmaxg: The Prospect for Bittensor and Open Source AI
> The Bittensor network leverages a decentralized AI model training environment, promoting collaboration, efficiency, and compounding knowledge, which could attract top talent and enhance model quality
> This ecosystem's growth, supported by economic incentives through the $TAO token, hinges on increased usage, adoption, and alignment with token value👇
Source: https://x.com/0xmaxg/status/1828160664046620889?s=52&t=txFAbiSPTdLLDlAYj9X_AA
YieldNestRisk: Current State of Symbiotic
Symbiotic’s permissionless & modular architecture positions it as a strong contender in the restaking marketplace.
> While still in early development, its focus on interoperability, flexibility, and multi-asset support offers significant potential.
> Symbiotic, currently only on Eth mainnet, has a TVL of $1.25B compared to EigenLayer’s $15.5B.
> Since June 2024, Symbiotic has surpassed $1B in TVL, with significant contributions from stETH and non-ETH collateral types👇
Source: https://www.llamarisk.com/research/current-state-of-symbiotic
Cryptography Techniques Explained - ZK, FHE, MPC, TEE
Source: https://x.com/nebrazkp/status/1828168119447322968
Brian Quintenz: Opensea Receiving a Wells Notice Shows the Current SEC’s Crusade Against the Crypto Industry Continues Unabated.
This contradicts what Vice President Harris said 2 weeks ago announcing her economic agenda:
Source: https://x.com/brianquintenz/status/1828801329214677232?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Mert on TON Blockchain’s Downtime
“Downtime happens, but what's unacceptable is that there are no official comms”
Source: https://x.com/0xmert_/status/1828640927180804100?s=52&t=GnDiMqAKcYw7qbTFH1nrUw
Anand iyer: Use of Crypto in AI Applications
> Coordinating distributed training
> Decentralized inference
> Data & privacy preservation in an ML context
> Gathering, labeling, curation of (synthetic) data
> Model + data attribution & provenance
> Coordination and payments of agent-agent, agent-human interactions
> Verifying humanity and AI generated content
Source: https://x.com/ai/status/1828428385288331401?s=46&t=ywALktyM5ZCyt-zigN5Big
Vitalik on What the Goals of an Airdrop Should Be
> Distribute to community members [and not randos who will all immediately sell]
> Reward contributions to the project
> Be reasonably egalitarian [but some disparity is ok]
> Resist extractive/adversarial farming
> Giving tokens away for free is not the only "form factor" for this: you can also do discounted sales.
Source: https://x.com/vitalikbuterin/status/1828727585204842867?s=52&t=txFAbiSPTdLLDlAYj9X_AA
August 27th~ Rollup
🐚 Research and Ideation 💡
- Decentralised Co: Abstracting Chains - Fixing Crypto UX
- MonadWhisper: Exploring Parallelization in Non-EVM Blockchains
- Mark Ermolov: Intel SGX Root Provisioning Key Compromised
- The Quant Stack: Market Making For Dummies [CODE INSIDE]
- Arthur Hayes: Sugar High
- James Hanley: Understanding Solana ID
🐚 Project Updates 🔔
- MakerDAO Rebrands to 'Sky’, Launches New USDS Stablecoin and SKY Governance Token
- EigenLayer Introduces Permissionless Token Support
James Hanley: Understanding Solana ID
Solana ID is tackling current web-2 advertising model by: (i) Giving users back the keys to their data and (ii) Helping teams better identify high-value users to attract and retain
This whiteboard covers and explain:
> The current-state web2 ad model
> Challenges currently faced by crypto founders
> How Solana ID benefits both builders and users
Source: https://x.com/jamesleyhanley/status/1828435907562873295?s=46&t=2q9OLMlaobNlHLewOXT4uA
TON Blockchain Currently Experiencing a Disruption in Block Production
Several validators are unable to clean the database of old transactions, which led to losing the consensus
> TON Core has issued a call to validators to restart at 4am UTC today.
> If enough validators will restart, consensus will be reestablished.
Source: https://x.com/ton_blockchain/status/1828644569669607839?s=46&t=2q9OLMlaobNlHLewOXT4uA
The Quant Stack: Market Making For Dummies [CODE INSIDE]
Everything to know about market making and how to do it with priority to: Edge, Spreads, and Risk
Source: https://www.algos.org/p/market-making-for-dummies-code-inside
Intel SGX Root Provisioning Key Compromised
The FK1 or Root Sealing Key representing Root of Trust for SGX also compromised
Source: https://x.com/_markel___/status/1828112469010596347
MakerDAO Rebrands to 'Sky’, Launches New USDS Stablecoin and SKY Governance Token
The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol
> DAI and MKR will stay in circulation unchanged, with the new tokens existing in parallel.
> Token holders will be able to exchange DAI tokens 1:1 for USDS, while each MKR token can be swapped for 28,000 SKY tokens.
Source: www.coindesk.com/business/2024/08/27/makerdao-is-now-sky-as-7b-crypto-lender-rolls-out-new-stablecoin-governance-token/
August 26th~ Rollup
🐚 Research and Ideation 💡
- StaniKulechov: DeFi will be the Backbone of ALL Finance
- Coin98 Analytics: User Stats on Top DEXs Over the Last 30 Days
- Grayscale: AI Is Coming — Crypto Can Help Make It Right
- Stacy Muur: Memecoin Millionaire Strategy? What to Keep in Mind
- 0xLouisT: VCs Hedging—One of Crypto's Biggest Urban Legends
- Hack VC: The Future of Privacy Tech in Blockchain
- 2077 Research: Block-STM vs. Sealevel - A Comparison of Parallel Execution Engines
- Dephi Digital: Solana the Modular
- Bankless: Why is ETH Down So Bad this Cycle?
- Bo Du: Rollups Are the Final Frontier of Scaling
- Solana: Why PayPal Choose to Build on Solana and What’s Driving PYUSD Adoption?
- Cryptonews: How AI Agents Are Transforming The Web3 Sector
- Talus Network: Pioneering the AI Agent Revolution in the Web3 Era
🐚 News 📕
- Update on Durov: The Charges Against Pavel Durov Has Been Published
🐚 Project Updates 🔔
- DOGS Trading Now Live on All Major Exchanges!
- Nucleus: Enabling Yield by Default for Networks
- Balancer is Going Superchain
🐚 Raises 💰
- Sorella Labs Raises $7.5M Seed Round Led by Paradigm
Cryptonews: How AI Agents Are Transforming The Web3 Sector
Recent market insights show that the intersection of AI and blockchain technology is expected to be worth over $2.7 billion by 2031.
> Web3 platforms are also set to integrate AI agents for fairer compensation & decentralization.
> Filecoin Foundation – the organization behind the decentralized data storage network Filecoin – will be using AI agents, developed by Theoriq AI
Source: https://x.com/theoriqai/status/1828182733631443279?s=52&t=txFAbiSPTdLLDlAYj9X_AA