A new governance proposal has sparked discussions in the Compound DAO community.

The proposal suggests launching Morpho-powered lending vaults on Polygon, with $1.5M in incentives.

A breakdown of the proposal and key discussion points Proposal URL: comp.xyz/t/compound-mor…

0/ Some thoughts and observations on Solana's Actions and Blinks: 1/ @solana is seeing explosive growth in retail adoption & new tokens in this cycle.

Sticking to their vision, Solana launched a new feature that enables any website or app to become a hub for on-chain interactions.

cc: @eli5_defi for the beautiful infographic.

0/ There are thousands of crypto protocols.

Only 12 have ever made $5M+

How? 🧵

cc: @tokenterminal 1/ Context 📝

These are earnings, not fees or revenue.

Also not "net profit" -- considering salaries and other operational costs, the numbers will be significantly lower.

Let's break down their business models.

https://twitter.com/tokenterminal/status/1581610466123558913

All things about Aptos $APT since its mainnet launch🧵 Full piece here:

pensivepragmatism.substack.com/p/building-a-l…

0/ Crypto charts of the week

October 2, 2022

🔸Interpol Issues Red Notice for Do Kwon
🔸US States Take Action Against Nexo
🔸SBF Eyes Celsius Assets
🔸Circle Launches Omnichain USDC
🔸Grayscale GBTC Discount Hits ATL 1/ South Korea has confirmed that Interpol has requested law enforcement worldwide to arrest Do Kwon.

It has issued a “Red Notice” to locate the founder of Terraform labs.

The price of LUNC plunged after the news was released, but it shows a sign of recovery right now.

Crypto deal flows in the past week🤝💼

• $1B+ raised
• 30+ deals made
• @emurgo_io and @FasanaraCapital cover half of the amount raised this week, but the Fasanara fund also covers FinTech, not only web 3 deals. Unknown Round:
@KwilTeam - $9.6M
@choose_tactic - $11M
@qqlart - $17M
@DeribitExchange - $40M
@theorycraft_inc - $50M

Strategic Round:
Coral - $20M
@SpaceandTimeDB - $20M
@AptosLabs - Undisclosed Strategic Investment by @Dragonfly_xyz

Pre-seed Round
@EclipseFND - $6M

Noteworthy crypto reads Sept 26-30 📚

It's been a relatively quiet week in crypto, happy reading folks. 1/ @gordonliao Thread on Macroprudential Considerations for Tokenized Cash

A great read on how fully reserved stablecoins have the potential to become the highest quality and most liquid market.

https://twitter.com/gordonliao/status/1573420082092466189

1/ Why work in crypto👨🏻‍💻🧵

Over the past few years, I've been getting this question from friends.

Not surprising, given that the crypto market cap went from $150b to $3 trillion in 18 months, in 2021.

Is it all just about the money?

Maybe. But there are many other reasons.👇👇 2/ Context — this is not an idealistic thread.

I don’t need to repeat the "core spirit" of crypto:

- decentralization
- open-infrastructure
- privacy

But not everyone has the privilege to work based on ideologies.

This thread focuses on the pragmatic aspect of crypto instead.

Crypto deal flows, Sep 5-9 2022 🤝💼

Some highlights:
• $800M+ raised
• 20+ deals made
• @Mysten_Labs lead the raise for ~35% of the total raised.
• @Cooopahtroopa $10M Music NFT fund
• @animocabrands raised another $110M for open metaverse Unknown Round:
@HubbleProtocol - $5M
21.c0 - $25M
@tesseractenergy - $78M
@fuellabs_ - $80M

Strategic Round:
Dust Lab - $7M

0/ On Crypto Bridges 🌉

The dilemma of on-chain middlemen.

The new issue is out🧵

pensivepragmatism.substack.com/p/on-crypto-br… 1/ Moving crypto assets across blockchain networks are hard.

As the #crypto asset and #blockchain industry mature, the world will undoubtedly become multi-chain with various blockchain networks optimizing for specific needs and use-cases.

0/ I decided to go back to long-form weekly writing under the banner of my new publication, Pensive Pragmatism📑✍️

Check out the first issue: "The Token Endgame" 🧵

How your crypto assets will accrue value.

pensivepragmatism.substack.com/p/the-token-en… 1/ In the past decade, we’ve witnessed the renaissance of a new asset class: tokens.

The emergence and popularity of digital tokens started ~1 decade ago when $BTC showed the world the possibility of having an entirely digital, cryptographically secured, immutable form of money.

0/ A thread on the Solana $SOL Android Phone for Web 3.0 🧵📱👇 1/ On June 23 2022, @solana announced the release of its crypto-focused phone and mobile software platform.

Why is this a big deal?

solana.com/news/saga-reve…

Crypto deal flows June 27 - July 1 2022
🤝💼📈

• $640M+ raised
• 34+ deals made
• 15 deals are from Pre-seed and Seed rounds Unknown Round:
@EyesFi_xyz - $2M
@rStellaFantasy - $5.7M
@fttdao - $7M
@_p12_ - $8M
@KYVENetwork - $9M

Strategic Round:
@azuroprotocol - $4M

Pre-seed Round:
@8xr_engine - $820K
@FitmintClub - $1.6M
@nfteye_io - $1.65M
R Labs - $5M
@WeatherXM - $5M

Noteworthy crypto reads in the past week📚

June 27 - July 3 2022 1/ @rektdiomedes Thread on Is The "L1 Rotation Trade" Dead?

Musing on how L1 tokens dynamic will play out in the next cycle in comparison to chain-agnostic protocols.

https://twitter.com/rektdiomedes/status/1540848591706677248

0/ Crypto Market Q1 2022 Recap🧵📓 👇🏻

A few months ago, I wrote my 10 crypto 2022 predictions.

This thread will be assessing how those predictions are going so far.

medium.com/@marcomanoppo/… 1/ Decentralized Stables Capture 50% Market Share
.

We're getting there.

Market share is up with $UST and $USDN leading the way.

With $USN on $NEAR coming soon, expect this to change significantly in the next quarter.

0/ A threadooor on $MINA 🧵🧵🧵

cc: @MinaProtocol @evanashapiro 1/ Any blockchain has the problem of sizing.

Imagine one blockchain that has a constant size relatively similar to a JPEG.

$MINA’s proposition is to build the privacy and security layer of web3 by producing the lightest blockchain.