Undoubtedly, crypto and AI are contenders to be among the most disruptive technologies of the decade. Today we explore one protocol incentivizing the production of intelligence, Bittensor ($TAO) 🧵 👇 1/ @bittensor_ is an open-source protocol with a core mission: to drive AI development through a blockchain-driven incentive structure

The market keeps getting crowded with L1s, L2s, and app chains... driving demand for cross-chain interoperability solutions

Yesterday, in an Insight we put two key players face-to-face: @chainlink <> @LayerZero_Labs

Let's dive into their designs, strengths, and trade-offs👇🧵 1) Similar to TCP/IP in the early internet days, CCIP and LayerZero aim to enable seamless value transfer across blockchains.

As blockchain diversity grows with various networks, the imperative for interoperability intensifies.

We just released a Breakdown on @LayerZero_Labs. LayerZero is an Omnichain Interoperability Solution that's quickly gaining popularity.

As more projects integrate their tech, and with the potential for a $ZRO airdrop, there’s no better time to dive deep into LayerZero.

🧵 1/ What’s unique about LayerZero?

Its value comes from connecting distinct blockchains.

It does this by building endpoints on each chain that allow on-chain messages to be sent both ways.

Another day, another Insight.

Today, our sights are set on Bunni by @Timeless_Fi.

As always, we highlight reasons why our thesis might play out and also why it might not. Our Insights will teach you to think like investors, not degens.

Here are some things we considered 🧵 1/ Bunni is a project built by the @Timeless_Fi team. Even though Timeless Finance was the first product to enter the market, the deployment of Bunni ended up capturing the majority of the TVL (~$19M vs ~$200k) for the Timeless ecosystem.

We just released another Analyst Insight.

This time, we put two powerhouses into the ring against one another. The powerhouses: @GMX_IO and @synthetix_io

Read our full Insight here: revelointel.com/insights/synth…

Here's what we know 👇 Currently, derivative DEXs hold just 1.7% of the derivative trading volume of CEXs. Now compare this to spot DEXs which account for 10.6% of the spot trading volume on CEXs.

This indicates significant growth potential in the derivative DEX space.

Since we released our Breakdown on @raft_fi, the team has been busy.

@Balancer recently hosted Raft to discuss their stablecoin $R, how Raft works, their decision to launch $R-$DAI pool on Balancer, future plans, and more.

Here's what we learned ✍️

twitter.com/i/spaces/1YqKD… 1/ @davgarai (co-founder) says that Raft was inspired by the surge in the Liquid Staking Derivatives (LSD) area of DeFi, the rise in TVL in protocols like Lido, and the absence of a satisfactory solution to borrow against staked coins.

Need something to read this weekend? Why not start with our @RDNTCapital trifecta?

On our platform, we've got a Project Breakdown, Project Timeline, and Analyst Insight for Radiant.

Here's how you might want to use these bodies of work. Breakdown: even though our Breakdowns are undoubtedly thorough and comprehensive, unless the project is completely new to you, they aren't meant to be consumed end-to-end. Use the Breakdown to fill in gaps in your knowledge about Radiant.

Link: revelointel.com/project-breakd…

Our analysts are releasing content faster than we can Tweet about it.

We just released another Insight, this time we discuss @AragonProject.

revelointel.com/insights/arago… Our Analyst Insights are actionable reports that may be time-sensitive. And, it's been proven, time and time again, that it can pay to be early.

So, whether you have a paid account or FREE, the only thing we can suggest is to log in every day.

Despite all of the commotion, it's been a very busy week in the world of crypto. It truly is the world that never sleeps.

Here are 5 must-read Notes to get you up to date quickly and efficiently. These Notes are available for FREE on our platform.

revelointel.com @circle Twitter Spaces - @arbitrum $USDC is Here!

revelointel.com/circle-twitter…

There's been a lot of noise around @tapioca_dao as of late. But what is Tapioca and what are they building?

Our analysts have covered Tapioca at length, but here's a TDLR 🧵 1/ Tapioca is the first fully cross-chain permissionless money market for long-tail assets. Tapioca allows users to lend and borrow assets between different networks, basically defragmenting liquidity and achieving higher levels of capital efficiency by being interoperable.

@dopex_io is a protocol that we cover at length via our Project Breakdowns.

If you're interested in any of their products, such as SSOVs or Atlantic Straddles, we go into detail about what they are, how they work, and other details you need to know.

revelointel.com/project-breakd… 'Coverage' to us isn't a one-time deal.

When we cover a project, we REALLY cover it. That means, whenever teams make changes, updates, etc., to their protocol, we update our Breakdowns accordingly.

In this way, you have ALL the information you need in ONE place.

The @perpprotocol team recently hosted a Community Call to discuss the impact of $OP's coming #Bedrock Upgrade, updates to their rewards program, and the features and functions of PerpSim 2.0

Here are some of the key takeaways 🧵 1/ Jamie says that there will be downtime on the Optimism network during the upgrade and to prepare for the upgrade, Perpetual Protocol will be paused half an hour prior to the upgrade.

Two months ago, @NickDrakon and @0xSouvlaki talked about @binance and @cz_binance being sued and the potential implications.

This is still relevant today... clearly.

You can watch it here:

Here are some key takeaways from this conversation. 1/ The CFTC has strong evidence against Binance, including employee testimonies, transaction records, conversation logs, and text messages. CZ denies trying to circumvent rules but argues they operate within them by not accepting US customers.

This is interesting... can AI play a role in DAOs? We covered a couple of podcasts today in which this topic came up.

1) @theempirepod's discussion with @RuneKek, co-founder of MakerDAO.

2) Avalanche - All Access with @el33th4xor, founder of @avax.

Here are thinking points 🤔 1/ Rune Christensen (Maker) introduces the idea of using AI to help manage the complexity and information asymmetry in DAOs. He believes that DAOs, by their nature, can become complex entities with numerous stakeholders and decision-making processes.

An Eth researcher and digital asset portfolio manager walked into a podcast. Epic conversation ensued.

In @vaneck_us recent space,
Pranav Kanade - @pkan90 is joined by
Justin Drake - @drakefjustin to discuss $BTC, recent events, @Ethereum Foundation, Shanghai upgrade & more. 1/ Ordinals And Bitcoin

There’s no $BTC bridge from the Bitcoin main chain to the roll-ups.

$BTC isn’t as extendable and usable as a data availability layer compared to @ethereum

When converting $BTC to fiat, you still need to use a CEX.

Missed this weeks updates in the @avalancheavax ecosystem? We have you covered.

In their weekly open forum, the @avalabsofficial team hosted a panel discussion on:

1⃣DeFi launches on Avalanche
2⃣NFTs
3⃣Developer Community Updates

Here are the 🔑 takeaways: 1/ Events

Avalanche Summit is coming up in May 2022 in Barcelona.

Hundreds of speakers and panels will be present to discuss the latest developments in the crypto space.

Early bird tickets have sold out, but the next tier is available.

⚡️Today's Featured Summary Note⚡️

Immediately upon receiving a Wells notice from the SEC, @coinbase hosted a panel discussion through Twitter Spaces including key leadership:

@brian_armstrong (CEO)
@iampaulgrewal (CLO)
@faryarshirzad (CPO)
@karacalvert
@chrislehanetalk

A 🧵🧵 1/ The discussion centered around the recent SEC decision to enforce rules that don't exist, and their continuous lack of cooperation with @coinbase legal efforts.

⚡️Today's Featured Summary Note⚡️

In @zksync's recent Twitter space, the team of @OpenZepplin and @code4rena discuss securing the future of #Web3 with #zkSync.

A 🧵 1/ Security Approaches And Challenges

@OpenZeppelin works on building secure code with clients.

@code4rena incentivizes researchers to find bugs.

Decentralized protocols face decision-making challenges during attacks.

Gaming on @SecretNetwork

In this episode, Jay of @scrt_foundation is joined by Leon of @playBushi to discuss their platform, NFT collection, activities, accessibility and more.

Read our notes below. 👇 About @playBushi and @launchonenet

•It is a 3rd person shooter game launching on a platform called Onenet which their team is also building.

How does the debt ceiling work?

In this episode, @coinbureau discusses bonds, interest rates, debt ceiling market effects and more.

Read our notes below. 👇 Bonds and Interest Rates

•In theory, the government's income from taxes and fees are supposed to be used for stuff like public infrastructure and public institutions.

Why did Fuel choose to build a modular execution layer?

In this episode of @0xResearch, @smyyguy and @swmartin19 are joined by @jadler0, Co-Founder of @fuellabs_, to discuss roll-ups, modular execution, UTXO model and more.

Read our notes below. 👇 Roll-ups vs. Modular Execution

•A roll-up only considers the validity of a bridge contract to a settlement layer and the problem is that this is not the same thing as a light client.