2/n Ethereum
Lot of scaling tech currently fighting for attention and liquidity.
ORUs and ZKRUs will probably start competing with tokens soon.
👉 zk-based general smart contracts looking like the next big advancement @StarkWareLtd vs @zksync
3/n Ethereum
👉 Big updates include the POS transition in July 2022(no code-freeze yet tho)
General architecture direction is transitioning from a monolithic one to more modular architecture.
Central beacon-chain with shards(eta 2023) and rollups in the future
4/n Solana
One of the fastest blockchains in the market
Out-of-the-box asynchronous txns could become the standard way to build financial/gaming applications in the future
👉 @neonlabsorg also working to bring EVM to Solana (currently pre-alpha)
5/n Avalanche
Has a modular architecture and aims to solve scale using subnets
Interestingly, different subnets can have different consensus algorithms
Currently the C-Chain(the EVM one) is a smash hit, onboarding plenty of developers and users to the platform
6/n Polkadot
Has a modular architecture and aims to scale using parachains
Each parachain is a sovereign blockchain which are auctioned off every epoch with the relay chain acting as shared security.
Polkadot can currently support up to 100 parachains
7/n Cosmos Ecosystem
These include blockchains built using the cosmos-sdk
Out of the box interoperability from IBC is a huge plus considering the inefficiency/risks of liquidity-based bridges
👉 EVMOS @EvmosOrg launching on 28 Feb will be the major event in the near term
8/n Celestia
A novel modular blockchain using a mix of tech from the cosmos and ethereum ecosystems
Testnet coming early Q2 (incentivized) and mainnet in end of 2022
Aims to achieve
👉 scale through rollups & data sampling tech
👉 interoperability through IBC
1/4 Highly opinionated stats on Defi heading into 2022🐯
Including marketcap, revenue, growth catalysts, emissions, and treasury stats (All the data other than m.cap is super spotty unfortunately)
2/4 Interesting patterns
$UNI of defi
$CVX revenue punching way above peers
$DYDX both has high inflation and no value returned to token holders falling mcap
Getting past 1m a week in regular rev could put a project into the +$1b mcap tier. Maybe $KP3R is next?
3/4 Revenue does indeed seem correlated with marketcap
However if revenue is dependent on high emissions($dydx) you may see continued drift downwards despite relatively high revenue
Would be interested to be able to track this over time.
1/n (potential) Airdrop/Defi Alpha : @opyn_ & @VisorFinance
Opyn is an options protocol funded by the likes of Paradigm, Coinbase Ventures and other big names and they have an upcoming launch of a super-charged derivative called SQUEETH. aka Squared ETH aka ETH²
2/n This is similar to Index Coop's ETH2X-FLI product that is meant to offer 2x leverage on ETH
Simple example : ETH price increases by 10%
ETH2x-FLI => 20% 🥳
SQUEETH => 100% 🤯🤯🤯
3/n The cheapest and safest option is probably to sell puts.
Maturity : ETH 31 Dec 2021
Strike : $1280
Contracts : 5 oTokens (costs ~$3000) at 45% colletoral
Liquidation : ETH price falls below <$1900 by maturity
Reward : 25 usdc 🎉🎉🎉