Let's run through some August 22' report highlights and see if we can find any alpha. 📰
2/ You're probably sick of hearing about it at this point but the Merge is just days away.
For all of our speculatoooors out there, $ETC price has typically been driven by major upgrade news in the past.
3/ Centralization came into focus after the @TornadoCash sanctions.
While chokepoints still exist across the infrastructure stack, the Proof of Physical Work token distribution method provided by Web3 infra could be the next catalyst to spark a bull.
4/ Things have been tough across both EVM and non-EVM chains.
However, @solana has remained the clear leader across non-EVM chains in usage metrics.
Liquidity fragmentation across blockchains is one of DeFi's largest challenges, leading to high costs and low capital utilization.
@EverclearOrg introduces the first Clearing Layer to solve liquidity fragmentation. Let's explore what Everclear is and why it matters 🧵
The Problem 🔎
Fragmented liquidity between chains leads to high costs & low capital utilization for solvers, market makers, & CEXs. Rebalancing is complex, costly, and often slow.
As the number of chains grows, so do rebalancing requirements. A better solution is needed.
What is Everclear? 🤔
Everclear (prev. Connext) is the first Clearing Layer - a decentralized network coordinating global liquidity settlement between chains. Through netting, Everclear reduces the cost and complexity of rebalancing liquidity between chains.