🪙As countries and institutions rush into stablecoins, a trillion-dollar opportunity emerges.

8 major stablecoin-related opportunities: 01/ High-yield stablecoin for DeFi
Expanding yield from pure inflation, @ethena_labs arbitrage from volatility, @CapLabs_ introduces mev and arbitrage profit, @usualmoney @withAUSD compound t-bill yield with its own token, @__reservoir employs a diversified high-yield basket, and place looping strategies in @MorphoLabs and @pendle_fi. However growing TVL dilutes returns, projects must find sustainable yield and genuine utility. However, only USDT, UDSC and a small amount DAI are trading pairs, other stablecoins are more like financial products atm.

🛸How Close Are We to a Chain Abstraction Future?

In the Rollup craze, we can only make it by simplifying infra complexity for users. Meaning one account, one signature, and one gas for all cross-chain ops. However, challenges persist such as account state sync, signature aggregation, atomic execution, and delayed finality. 01/ What is Chain Abstraction:

In the ultimate stage, end users won't need any infra knowledge. They'll simply express their intent or specify the order, sign a transaction, and leave the rest - routing, gas conversion, construction, ordering, and cross-chain ops - to be handled automatically. P.S. This tweet focuses specifically on cross-domain abstraction.

Critiquing DePIN: False Hope or Real Dawn?

#DePIN is no novel concept. In the last bull run, some stood out, but many fell short. This piece aims to provide a balanced critique, substantial prospects, an evaluation framework, and in-depth case studies.
mirror.xyz/sevenxventures… 01/ What is DePIN:
DePIN, Decentralized Physical Infrastructure Networks. It represents a community-driven, decentralized hardware network incentivized by the token.

Crypto key management sucks.
Why do we always need to sacrifice security or good experience, often both?

This article explores the maze of #passkey, #webAuthn, #AA and #MPC. Combing together, an optimal solution may pop up to save our desperate souls.
mirror.xyz/sevenxventures… 01/ Private Key Matters:
The private key is the core that allows us to sign transactions on Ethereum, but managing it has been a nightmare, even in the readable form of “seed phrases”.

RUICAP: Account Abstraction(AA) Intent-Based Hacker House by @SevenXVentures. We invited major AA players from various perspective: @argentHQ from a protocol level, @AlchemyPlatform, @biconomy from a contract ERC4337 level, and @Consensys from EOA @metamask and zkEVM @LineaBuild 01/Terms
- EOA, External-Owned Account: Account controlled by private keys.
- SCA, Smart Contract Account: Account controlled by contract.
- ERC4337: Contract proposal of supporting account abstraction for ETH and its equivalent L2s.
- UO, User Operation transaction of 4337