Late last year, a mind-blowing whitepaper was released by @informalinc and co-authored by the likes of @buchmanster and @socrates1024

Cycles Protocol: A Peer-to-Peer Electronic Clearing System

I’ve been wrapping my head around it. Let’s explore “tldr style”

1/n 🧵 2) Intro - pg 3

Small businesses lack collateral and often can't get bank loans. 🏦 😭

This lack of liquidity can lead to small businesses becoming insolvent.

Sharing financial information can produce better outcomes

1) @quicksilverzone mainnet went live today, offering an exciting new liquid staking service for the #Cosmos ecosystem 🚀

Let’s dig into the state of liquid staking, why it matters and what’s new about Quicksilver.

🧵 2) What’s liquid staking?

In PoS systems, asset holders can stake their assets to secure the network and earn rewards. (Yay) 💸

To prevent against certain attacks, the staked assets cannot be instantly unstaked. On Cosmos the unbonding period is usually 3 weeks. (Not yay)

The new @cosmos whitepaper just came out 🚀. Here are some thoughts as I read through it:

Pg 1 - "The vision of the Cosmos Network has been realized" - bold statement and true. v1 of the whitepaper focuses on a hub and spoke model communicating via IBC. This is live today... Pg 2. The Hub needs a new role. @zmanian said in his talk just now at #cosmoverse2022 - ATOM today is a meme coin within the Cosmos ecosystem. It can be so much more.

It's new role is "to grow a resilient interchain economy". What does this mean 🧐

Against the backdrop of a USD10m hack to their ETH yield pool, today we are publishing our investment thesis for @RariCapital.

A thread 👇

cmcc.vc/insights/the-i… Rari's team is a collection of extremely young and hungry crypto-native software engineers (@jai_bhavnani, @JackLipstone, @davidslucid) that are building products at break-neck speed. They are innovating and iterating at a pace that other projects cannot rival.
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