The future of Chainlink Economics 2.0 and why you should not fade $LINK. >90% of dApps require access to off-chain data and Chainlink plays a critical role in the foundational structure of crypto today. In 2022, Chainlink enabled more than $6.9T in transaction value and delivered $5.8B on-chain data points with 1,600+ projects in the Chainlink ecosystem.

DeFi, in its present form, has validated the need for Chainlink oracles. The next step will be scaling across other verticals

An introduction to trading volatility in crypto. Crypto has its version of VIX, known as CVI or the "Crypto Volatility Index."

It is developed by @official_CVI $GOVI in collaboration with the original creator of VIX, Prof. Dan. Galai.

thebabylonians.substack.com/p/crypto-volat… The CVI gets data from major crypto options platforms like Deribit via its Chainlink oracles. The calculations and aggregations are done off-chain before pushing the final output on-chain as a single CVI value.

As we step into 2023, here are a few visual charts to see how the major chains have performed so far

The 4 key KPIs to measure adoption trends are
a) Daily Active Addresses
b) Daily transactions
c) TVL &
d) Unique Contracts Deployed

All data is extracted from @Artemis__xyz Due to the sheer size difference, I have split the players into 2 clusters: "Leaders" and "Challengers"

Lumping all of them together makes it hard to notice the individual trends of each respective chain.

A simple🧵to understand Power perpetual as the power perp ecosystem grows. It forms the underlying foundation for all the new & exotic strategies (Crab reimagined & Zen Bull) built by the chads from @opyn_ What are power perps? It is basically a derivative that tracks the power of an underlying asset, say ETH². The power of something more than 1 gives you a convexity curve that looks like this (blue line)

An ELI5 introduction🧵to @PremiaFinance. Most are betting this to be a small-cap gem on Aribtrum, $PREMIA mc is $15m~ & FDV is $144m~ as of writing, v3 is going to ship soon with 7/9 core components rdy + newly revised tokenomics from xPREMIA to vePREMIA, both coming soon in Q4 Decentralized option is a huge market in crypto & rn there are OB style, AMM & structured products. Premia stands out from being the only one that gives a "robinhood-like" UI/UX experience allowing users to select strike/expiry & exercise them b4 expiry

https://twitter.com/Delphi_Digital/status/1567556185011752960

An ELI5 short thread🧵to MEVs, Manifold @foldfinance $FOLD and its value prop in the new PoS economy as a block builder What is MEV & why should we care? MEV are simply profits made from the re-ordering and sequencing of tx. E.g. sandwich attacks, liquidations & arbitrage. Here is a primer to MEVs written a few months back

theancientbabylonians.com/a-primer-to-fl…

An Introduction to how Dopex's Atlantic Straddles work and how you can take advantage as a writer to earn attractive annualized premium + funding, or as a buyer to profit from volatility (perfect play for maco news, catalysts events like The Merge etc.)🧵 What are straddles? This is what the payoff diagram looks like if you go long ATM call + long ATM puts. U win when there is a huge volatility move, regardless of direction & lose when prices don't move w the max loss being the premium u paid. long straddle=betting on volatility

Gains Network @GainsNetwork_io $GNS stakers are earning comparable #RealYield (6%+) as @GMX_IO $GMX stakers, but its mc (50m~) is trading arnd 1/5 of GMX. GN's total volume recently hit $15.5b, surpassing GMX's total volume on its AVAX chain. A thread to cover the future of $GNS Here's an overview of Gains network value accrual model that I have charted out. 5 stakeholders here that contribute to the ecosystem

1. Traders
2. DAI stakers (DAI vault)
3. GNS/DAI LP
4. GNS stakers and
5. Referrals/NFT bots

In 30 days, the $KUJI @TeamKujira price skyrocketed more than 330% from the lows of $0.40 in July to $1.75 today. Its' ATH was $4.45. Here is a thread to understand why everyone is hyped up about $KUJI Kujira was previously a liquidation engine (Orca) on Terra, It found a product market fit and the community loves it. The amount of liquidation in USD during Terra's glorious era from March 21 to May 22 is estimated to be >$1.5b! Data based on:

app.flipsidecrypto.com/dashboard/kuji…

What happened to @synthetix_io in the past few months? The price of $SNX has rocketed skywards 200%~ from the lows of $1.40 to $4.45. Here is a summary of the events after reading up all the threads and proposals by the community Here is the latest video version of it if you are keen to know more:

OlympusDAO 101: Notice the similarities between the bitcoin supply curve and the @OlympusDAO supply curve? OlympusDAO $OHM aims to be the decentralised reserve-backed currency of crypto and here is how Thread 🧵 (1/12)

Each $OHM is backed by 1 unit of RFV, which comes from bond sales + other revenue (LP fees OlymPRO,etc.) To increase the supply of $OHM in the long run, the RFV in the treasury must increase by AT LEAST a proportional amount

1 unit of $OHM is backed by 1 unit of RFV (2/12)

Some random thoughts on $ANC & $MIR as a farm dump token and tokenomics utility

https://twitter.com/The_Babylonians/status/1417084424978505739

Anchor collaterals have increased 10x from $300m > $3b, but $ANC value capture poorly as price trends sideways & pumps slightly coz of airdrops

Mirror TVL has dropped from $2b to 1.6b now and the team has been stagnant & quiet in progress updates after Mirror v2 & $MIR is flat