Roll-up-as-a-Service (RaaS) <> SEDA Modularity

Fundamentally, builders can choose to deploy their dApp on an existing L1, deploy on a L2, create their own appchain, or launch a rollup.

RaaS now offers a layer of abstraction over rollup frameworks and SDKs to make it easy to deploy, maintain, and build on top of custom, production-grade application-specific rollups (AppRollups).

The result: scalability, customizability, and perfomance.

However, the moment a new rollup launches, it is cut off from other blockchain ecosystems. It's like building a luxury resort on an uninhabited island in the ocean. If you don't connect the new island by building supply chains (food, water, workers) to the new resort, nobody will book a vacation there. There simply won't be any utility. The same challenge is faced by new rollups.

@sedaprotocol is exactly that connector. It's a modular building block that will allow developers to connect their project to any L1 or L2 + real-world data. All from day 1.

No asking (permissionless). No waiting (instantaneous).

The result: a flow of data, users, and liquidity to accelerate the development and flourishing of the new ecosystem.

Let's take a closer look at RaaS providers 👇 Caldera

@Calderaxyz specializes in building high-performance, customizable, and application-specific layer-two blockchains. These custom-built blockchains (Caldera Chains) offer high throughput, low latency, and customizable features for optimizing the performance and user experience of decentralized applications, with the ability to process hundreds of transactions per second and sub-second confirmation times.

1/ the future monetary system is *centralized*

at least according to the financial regulator Bank for International Settlements (@BIS_org) per their 2022 annual economic report.

what's their vision of "the future monetary system"?

⬇️ 2/ refresher on the central bank mandate

• issue central bank money (M0), serving as the unit of account
• provide the means for the ultimate finality of payments through its balance sheet
• safeguard the integrity of the payment system (regulation, supervision, oversight)

1/ a key global financial regulator, the bank for international settlements @BIS_org, just pre-released a section of the 2022 annual economic report on "the future monetary system".

i read the 42 pages for you.

here are the most interesting quotes from a crypto perspective: 2/ "The implosion of the TerraUSD stablecoin and the collapse of its twin coin Luna have underscored the weakness of a system that is sustained by selling coins for speculation." (p. 76)

1/ incentives drive behavior, and yield comes with risk.

In #DeFi, financial incentives drive market development, liquidity, and collateral.

This can lead to mercenary behavior, and unsustainably high returns.

here are five such DeFi incentives ⬇️ 2/ lock-ups

pay interest or a share of trading fees for immobilizing digital assets to serve as liquidity or collateral.