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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
Solana is Now Live Arkham
Arkham now supports on-chain data on the Solana blockchain
Source: https://x.com/ArkhamIntel/status/1849844726519800027
The Hyper-Encrypted Internet - A Look at “Arcium”
“Arcium allows users to encrypt everything while still being able to compute anything”
> Arcium introduces a decentralized, global supercomputer that revolutionizes the internet by enabling the secure execution of any computation on fully encrypted data👇
Source: https://x.com/yrschrade/status/1849581803214172646?s=52&t=txFAbiSPTdLLDlAYj9X_AA
October 24th~ Rollup
🐚 Research and Ideation 💡
- Kaito: Truth Terminal's Mindshare Has Flipped Murad's
- Coinbase Ventures: Demystifying the Crypto x AI Stack
- Ryan Watkins | Syncracy: The Speed Trap – A Meditation on Markets
- Mert: Solana Reaches Another ATH in Total Economic Activity
- Sergio Gallardo: Crypto’s Incentive Misalignment Problem
- Insights4 vc: Pump.Fun's $150M Windfall: Innovation or High-Stakes Gambling?
- Accrue: How Agents x Stablecoin Could Propel the African Market
- Stratos: State of Crypto Venture - Q3 2024
- Infrared: Why We’re Betting on Proof of Liquidity
- Robbie Petersen: The Vertical Integrators: Ethena, Hyperliquid, and Uniswap
- phtevenstrong: A Deep Dive on LRT² ($LRT2)
- MegaETH On How they Plan to Provide Sub Milisecond Latency
- Pantera | Mason Nystrom: UNIchain - The Fat App Thesis Renaissance
- Lookonchain: Hackers Attacked US Government Wallet and Stole ~$20.7M!
🐚 Podcast 🎙️
- Blocmates Pod: Interview with Andy Ayrey - the Man Behind Truth Terminal
- The Chopping Block: On Solana's Deposition feat. Anatoly
🐚 News 📕
- Kraken to Launch Own Blockchain Next Year: BBG
- Bloomberg: Polymarket Has Identified User Who Has Bet ~$45M on Trump
🐚 Project Updates 🔔
- Binance Futures Has Announced the Launch of $GOAT Perpetual Contracts
- GRASS Airdrop One will Take Place October 28th, 2024 at 13:30 UTC
- Jito Proposes that 3% of Validator Tips go to the DAO Treasury
Bloomberg: Polymarket Has Identified User Who Has Bet ~$45M on Trump
identified as a French national
“This is what mainstream crypto adoption looks like”
Source: https://x.com/business/status/1849443402581958808?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Jito Has Proposed that 3% of Validator Tips go to the DAO Treasury
> Using the $24.5MM in $SOL validator tips over the last 7 days, validator tips annualizes to $1.273B in revenue.
> 3% of $1.273B is $38.2MM. $JTO is about to direct $38MM of protocol earnings to token holders
https://forum.jito.network/t/jip-8-adopt-tiprouter-ncn-protocol-development/413
Source: https://x.com/austinbarack/status/1849578761815048335
Pantera | Mason Nystrom: UNIchain - The Fat App Thesis Renaissance
This piece discusses important implications regardng the launch of UNIchain, which includes:
> Unichain offers a new model for token value accrual
> The migration of DeFi activity away from Ethereum mainnet
> Unichain cements the Fat App Thesis and the continued commoditization of blockspace
Source: https://panteracapital.com/blockchain-letter/cryptos-role-in-the-ai-revolution/#unichain-fat-app
MegaETH On How they Plan to Provide Sub Milisecond Latency
“We aim to provide sub 10ms block times (preconf latency) at launch and plan to reduce to <1ms eventually.”
Source: https://x.com/yangl1996/status/1848552548770144605
Robbie Petersen: The Vertical Integrators: Ethena, Hyperliquid, and Uniswap
Having all announced the release of their own general purpose blockchains
> This article unpack the bull case for each respective app and entertain the downstream implications for other general purpose blockchains.👇
Source: https://x.com/robbiepetersen_/status/1849498956666954027?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Stratos: State of Crypto Venture - Q3 2024
This report answers the following questions:
> Who are the most active crypto venture investors?
> How have venture funds deployed money over time? Into which sectors?
> What does the market look like for VC-backed liquid tokens?
> Which firms have a track record of making money?
> Is the crypto venture model broken? Does the industry need to consolidate?
Source: https://blog.stratos.xyz/articles/state-of-crypto-venture-q3-2024
Insights on How Agents x Stablecoin Could Propel the African Market
“At the forefront of this shift in experience and adoption are P2P stablecoin agents”
> A P2P stablecoin agent is a crypto-savvy local with fiat and stablecoin (USDC/USDT) liquidity who seamlessly helps “normie” users convert fiat to stables and back in exchange for earnings.
> They provide everyday Africans with safe, fast, low-cost access to stablecoins
Source: https://blog.useaccrue.com/2024/10/23/stablecoin-agents-will-onboard-billions-of-africans-to-the-global-economy/
Sergio Gallardo: Crypto’s Incentive Misalignment Problem
“The weak success-exit link in Web3 causes a significant incentive misalignment. Many market participants optimize for short-term returns that do not require a product to be successful in long term”
This article discuss:
> The problem of Incentive Misalignment
> Who Benefits and Who Suffers
> The impact it could have on our industry
> How it could be addressed
Source: https://x.com/sgallardo_9/status/1849436987188490652
Ryan Watkins | Syncracy: The Speed Trap – A Meditation on Markets
on Speculation, Memes, Valuations, and Rising Short-Termism in the cryptoeconomy.
Source: https://www.syncracy.io/writing/speed-trap
Kraken to Launch Own Blockchain Next Year: BBG
Source: https://x.com/News_Of_Alpha/status/1849435719367905344
Truth Terminal's Mindshare Has Flipped Murad's
Source: https://x.com/_kaitoai/status/1849387699657982004
Chaos Labs: Prediction Markets & Crypto 101
The synergy between them arises from crypto's decentralized infrastructure, aligning with the incentives of prediction markets and their value as decentralized truth-finders.👇
Source: https://x.com/chaos_labs/status/1849120990300664123
Devcon Thailand Events Channel:
/channel/shoalfriendsdevcon
Methodology
For each major conference we make a read only channel for our friends to quickly filter for the high signal and best events for the conference. This time we are opening it up to the public.
Like always High signal, low noise
From @shoalresearch, enjoy 🐚
zkTLS in 2 minutes
How it works, why it's important, what problems it solves, companies/projects to check out, and more
Source: https://x.com/dabit3/status/1849789118802215323?s=52&t=txFAbiSPTdLLDlAYj9X_AA
The Chopping Block: On Solana's Deposition feat. Anatoly
This episode answers questions about Solana’s network extensions, Fire Dancer’s speed boost, and whether Ethereum can hold its DeFi crown.
https://www.youtube.com/watch?v=uFYltAm5pwI
Source: https://x.com/_choppingblock/status/1849482934572487158
GRASS Airdrop One will Take Place October 28th, 2024 at 13:30 UTC
> You must have earned 500+ Grass Points & also linked their wallet on grass dashboard to be eligible
Source: https://x.com/grassfdn/status/1849525091157123313?s=46&t=2q9OLMlaobNlHLewOXT4uA
Hackers Attacked US Government Wallet and Stole ~$20.7M!
> Including: 13.7M $aUSDC, 5.44M USDC, 1.12M USDT, and 178 ETH($447K)
https://platform.arkhamintelligence.com/explorer/entity/usg
Source: https://x.com/lookonchain/status/1849621537923711239?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Blocmates Pod: Interview with Andy Ayrey - the Man Behind Truth Terminal
on GOAT, AI Agents & Meme Coins, this episode covers:
> The full backstory of Truth terminal
> The emergence of $GOAT token and who actually created/launched it
> What’s the future for crypto and AI?
> What happened behind the scenes after Brian Armstrong reached out
> The push for Open-source AI models, and more
Source: https://www.youtube.com/watch?v=Rp-EILOvp7I
LRT² ($LRT2) Fixes Everything - A Deep Dive
LRT² is tokenized restaking emissions. It mitigates auto-dumping sell pressure and solve the micro-emission issue:
> Stops ~40% of $EIGEN sell pressure
> Prevents AVS tokens from being auto-sold by LRTs
> Value aligns all modularity participants
> This post dive into LRT², and how this asset will change the way we think about emissions👇
Source: https://x.com/phtevenstrong/status/1849506711649849690
Infrared: Why We’re Betting on Proof of Liquidity
“While traditional blockchains using mechanisms like Proof of Stake prioritize network security, they often lock up liquidity, stifling economic activity”
> PoL flips this dynamic on its head by making liquidity provision a core part of the network's security model👇
Source: https://infrared.finance/blog/why-we-re-betting-on-proof-of-liquidity
Polymarket Has Identified “Fredi9999” - the User Who Has Bet ~$45M on Trump
Source: https://x.com/geiger_capital/status/1849478811571585286?s=52&t=txFAbiSPTdLLDlAYj9X_AA
Insights4 vc: Pump.Fun's $150M Windfall: Innovation or High-Stakes Gambling?
Pump.Fun generated $150 million in revenue within just three quarters.
> This article explore Pumpdotfun's origins, operations, and strategies, analyzing how its innovative approach has driven rapid success and influenced the broader crypto landscape
Source: https://insights4vc.substack.com/p/pumpfuns-150m-windfall-innovation?r=aaog1&utm_medium=ios&triedRedirect=true
Another ATH for Solana Total Economic Activity
tx fees + mev tips
Source: https://x.com/0xMert_/status/1849477589196288435
Coinbase Ventures: Demystifying the Crypto x AI Stack & Predictions for the Future of Crypto x AI
“A future where agents will have their own crypto wallets to autonomously transact and fulfill user intents, access lower-cost, decentralized compute and data resources, or leverage stablecoins to pay humans and other agents to complete tasks necessary for their overall objective function”
> Crypto x AI stack can be segmented into: Compute, Data, Middleware, and Applications
Source: cbventures/demystifying-the-crypto-x-ai-stack" rel="nofollow">https://paragraph.xyz/@cbventures/demystifying-the-crypto-x-ai-stack
October 23rd~ Rollup
🐚 Research and Ideation 💡
- Vitalik: Possible Futures of the Ethereum Protocol, part 4: The Verge
- 0xBreadguy: WTF is Parallelization?
- Ryan Watkins: Crypto x AI Beginning to Feel Like 2019/20 DeFi
- The Tie: Solana Daily Active Wallets Have Skyrocketed
- winstongch: $FLAVIA (Flavia is Online) - Memecoin with $GOAT Potential
- YB: The Barbell Approach for Stablecoin Startups
- Conduit Research: Data Availability Comparison
- Anatoly on Fundamental Difference Between Solana’s Vision and Ethereum
- Dima Khanarin: Chain Abstraction is Still a Myth
- Garry Tan: The Point of a Startup is to Make Usable Technology for Other
🐚 News 📕
- Nigerian Government Drops Charges Against Binance Executive: BBG
- Apple Hub: Visual Intelligence on iPhone 16 Pro in iOS 18.2
🐚 Project Updates 🔔
- Hyperliquid Lists $GOAT Perps with up to 3x Leverage
- Uniswap Integrates Across for In-App Bridging
Binance Futures Has Announced the Launch of $GOAT Perpetual Contracts Up to 75x Leverage
Source: https://www.binance.com/en/support/announcement/binance-futures-will-launch-usd%E2%93%A2-margined-goatusdt-perpetual-contract-with-up-to-75x-leverage-ff1a4c64f1aa4fef870adc7ef802d700?hl=en
Garry Tan: The Point of a Startup is to Make Usable Technology for Other
> “When you make software, you have to watch at least 10 people use it”
> “Watch your new creation misunderstood by users to reform version 1 into the one that actually works”
> “Watch users and cringe and then fix it”
Source: https://x.com/garrytan/status/1849137742200135761