1/ Listing assets across a variety of exchanges is time-consuming, and purchasing NFTs of the same collection from a variety of exchanges has been tedious, until now.
@genie_xyz seeks to solve this as an NFT aggregator, or as the team describes it, “The Metaverse’s Aggregator”.
2/ @genie_xyz offers two features, Genie Swap and Genie List.
Genie Swap enables anyone to buy or sell multiple NFTs across a variety of marketplaces in a single transaction.
Genie List enables users to batch list NFTs on a variety of marketplaces within the same transaction.
3/ To date, @genie_xyz has facilitated over 6,500 ETH (~$26M) in Swap volume, notable considering the protocol experienced significant volume while in beta.
Perhaps more interestingly is that Genie’s impressive swap volume comes from under 2,000 swaps.
1/ To wrap up Q3, we tracked down many of the top venture capital firms and hedge funds in crypto (e.g. @a16z, @AlamedaResearch, @fabric_vc) and recorded their liquid portfolios.
Our analysis shows that combined, 53 funds hold 228 unique assets across various sectors.
2/ Of the top invested assets, @solana possesses the highest-circulating market cap (with BTC and ETH omitted).
@BreederDodo possesses the lowest circulating market cap of the top 15 fund-owned assets while @ArweaveTeam possesses the lowest circulating market cap of the top 5.
3/ Similar to Q2, venture investors clearly see large potential within the smart contract and DEX landscapes.
However, it’s worth noting that while file storage is a unique category, it has a strong market share compared to other niches.
1/ @ArweaveTeam has grown tremendously in the past few months.
On 10/16, the Blockweave – a blockchain-like structure designed to enable scalable, efficient on-chain storage – reached 20TB of data stored on the permaweb.
The first 10TB took 1,139 days, the second took only 87.
2/ The catalysts of @ArweaveTeam's exponential growth can be narrowed down to three categories:
+ inexpensive NFT on-chain storage
+ Web3 dApps: social media, music and movie streaming, etc.
+ blockchain storage for layer-1 smart contract platforms
3/ @ArweaveTeam's app ecosystem revenue has grown exponentially in the past few months.
According to the @web3index, Arweave has generated the highest network-usage Q3 revenue than any other protocol within the Web3 Index - 5x that of @Filecoin in September and 8x in October.
Each product provides unique value to the yield aggregator, however the new V2 Vaults have provided the most value in recent months - $3.6B (68%) of the total $5.4B TVL accumulated.
2/ Looking at the first phase of V2 growth from March to June, both deposits of stablecoins and volatile assets increased significantly.
However, the second period of growth is noticeably different. Stablecoin counts in vaults actually declined from mid-September to mid-October.
3/ $1.5B (57%) of TVL in the top seven V2 Vaults come from 18 partner protocol integrations.
@AlchemixFi is the largest depositor contributing nearly $600M across yvDAI & yvWETH vaults.
@SushiSwap's BentoBox is the second-largest protocol contributor with over $583M deposited.
1/ Today’s DeFi ecosystem faces an infrastructure risk with the base problem of liquidity - an issue that takes time away from protocol development.
@TokenReactor's model looks to solve this by establishing critical liquidity infrastructure in the form of Liquidity-as-a-Service.
2/ @TokenReactor is designed as a disaggregated market maker.
In Tokemak’s model, the protocol acts as the technology component with capital and market expertise being sourced from third-parties referred to as Liquidity Providers (LPs), Liquidity Directors (LDs), and Pricers.
3/ @TokenReactor's roadmap began in the summer of 2021 with the initiation of Cycle Zero.
Considered the pre-launch cycle, Cycle Zero consisted of three stages:
+ The DeGenesis Event
+ Genesis Pools
+ The C.o.R.E.