venture capital ｜asset management｜accelerator & consultancy｜research & analysis
Feb 10, 2023 • 17 tweets • 5 min read
Recently, the derivatives market is very hot, and @GainsNetwork_io is one of the outstanding projects. This project's mechanism is similar to that of @GMX_IO , which is also a oracle-based pool, but the recent market performance has surpassed GMX. #Crypto
In this thread, I will review the recent rising logic of Gains Network.
Why is @GMX_IO called a gambling machine? What is the difference between the order book represented by @dYdX and the pool represented by GMX? #DeFi2/n
The first question, why do many people call GMX a gambling machine? Why didn't dydx break out with GMX in 2022? Why can only GMX break out in 2022 among the many on-chain protocols?
@1inch has updated a new Fusion version, which proposes a concept called 'Resolvers'. I prefer to call it 'professional on-chain traders'. Because of the fusion version, users no longer need to pay gas. To understand the fusion better, we need to re-understand #MEV .
2/n
Ethereum.org defines #MEV as 'the maximum value that can be extracted from block production in excess of the standard block reward and gas fees by including, excluding, and changing the order of transactions in a block'.
Ethereum.org 将 MEV 精确定义为「通过包含、排除和更改区块中的交易顺序，可以从区块生产中提取超过标准区块奖励和 gas 费的最大值。」
Feb 26, 2022 • 19 tweets • 5 min read
Counting the events that have occurred in @terra_money this year, Luna Foundation Guard has recently completed a $1 billion fundraising.
Terra's official said that the $1 billion will be used to build a BTC-denominated reserve for $UST. #BTC
LFG was established on January 20th and received an initial donation of 50 million $LUNA to ensure the stability of $UST.
Then, on February 11th, LFG injected 450 million US dollars into @anchor_protocol to maintain its 20% yield during the bear market.
Recent conflicts in Eastern Europe have put Russia and Ukraine in the spotlight, and global financial markets plunged this morning after Russia launched a military operation.
It is not difficult to see that:
1. In the short term, it will accelerate the rally in commodities, especially gas and oil.
The Nord Stream 2, which is a gas pipeline cooperated between Russia and Western Europe, has been shelved for the moment.
