1/15
🧵ZK landscape (Part2) + Diff flavors of Rollups, (ELI5 summary of Rollups)
Quite some updates especially during ETHCC. Will post some notable ones that I come across today before sharing some Rollups' notes I compiled for @ForwardAnalytic
3/15
Also since the last tweet of Zk landscape(Part1) 10days ago, #Polygon has nearly doubled 2x their FDV, and caught up with #Starkware.
Polygon's current Valuation is now at $9.1 Billion FDV
8/15
1)So wads a Regular #Rollup? (e.g Starknet,zksync,Arbitrum,Aztec,etc.)
- Rollups are on L1 chains (e.g Ethereum/other L1s), and they inherit the security of these L1.
Note: L1 supports Smart Contracts (ofc)
Notice, there is a bridge contract on L1... cont...
One example:👇
9/15
Not to be confused with a cross-chain burn&mint #Bridge.
An example of a bridge contract for optimism can be seen here. research.paradigm.xyz/optimism
10/15
- 2) Immutable Rollups (e.g. Fuel V1).
Smart contracts aren't upgradeable
Pros: no external governance risks
Cons: upgrading requires going through the EIP process & must be redeployed everytime
11/15
- 3) Enshrined rollup
(theoretical concept of changing L1 such that there is no need for smart contracts to realise the rollups.)
No smart contract risk & Governance Risk.
(i.e. technical benefits of L2 Rollups but at L1)
Advantages: reddit.com/r/ethereum/com…
Cons: Slow
12/15
- 4) Sovereign Rollup(e.g Celestia)
Rollups settle themselves, instead of using an L1 as settlement layer. Uses DA layer purely for Data & Ordering members.delphidigital.io/media/ethereum…
13/15
Dankrad mentioned, since 4)👆do not have secured bridges(smart contract) on L1(settlement layer), n-squared bridges between these rollups are needed, and thus inefficient. But @jadler0 mentioned how an L2 settlement rollup, with an L3 can sit on top in solves this issue.
Hope to share more Notes in the future. If you like this content, check out my profile and hit #follow, & if u find it helpful, hit RT on 1st post to share the love.
@apolynya post really good technical content too. Recommended follow
15/15
with an L3 sitting on top of it* solves this issue.
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1/x🧵 Thread on #NFT#Alpha, & recent opps. to look at. (probable Alpha at the end of the thread)
3 ways to play NFT (and how it related to DeFi plays) 1) Get into #whitelist ( pre-seed/private round) 2) #Minting ( Public sale ) 3) #Secondary markets ( listed & freely traded)
2/x Whitelist (AKA private rd)
A few ways 1) Own Bluechips #NFT (might give u either a full whitelist chance, or higher prob% getting into whitelist.) e.g recent @SecretGarden_FM WL from @capsule_house 2) Community Grind (time spent not 100% rewarded) 3) Sybil (Pls don't do that)
3/x Minting (Publicsale):
(will skip the part on DD of the project, as this is more about the process)
1) Hot projects, where there is already alot of traction, be prepared to pay a bit more due to GAS WARS. 2) Reveal dates are the best to hunt for rares for a lower price.
There is no right way of valuing NFTs, but hopefully this can act as a guide for people who are looking to enter the NFT space, for both for Fun & Profit, as NFT are generally less straightforward as #DeFi, where #cashflow & #TVL can be a good proxy.
2/x
Rule of thumb:
Similar to how you value a #DeFi token based on Future #cashflow, one can gauge the Value of the #NFT via the utility & future potential #airdrop/cashflow it can bring.
3/x It's a better gauge than simply "Oh the Art is good."
Ofc, the Art itself, can be a proxy to the team's attention to detail. Usually, effort put in by the Team, is inversely proportionate to #rug risk
(Not to mention, the Art itself can also be something of value)@takashipom
Alpha Leak. It is very possible that $SFI, @saffronfinance_ is currently undervalued. Most people farming it are putting their funds into the Tranche S, rather than A. Thinking that they will probably get more SFI from S tranche. However that is not exactly the case ATM.
Intuitively, it is easy for people to assume that they will get more SFI tokens in S tranche because its receives 95%, while A tranche only gets 5% of the emissions.
Take for example, since the DAI pool receives 75% of the liquidity mining tokens per epoch
Out of the 15,000 that's 11,250. S gets 10,687.5 and A gets 562.5 SFI.