Intent-based Architecture
"Informally, an intent is signed a set of declarative constraints which allow a user to outsource transaction creation to a third party without relinquishing full control to the transacting party."
Essentially if the intent is to pay $C for X, then the user is allowing third parties to choose whichever computational path on their behalf to achieve this intent ($C for X).
Aggregators are a good example of intent-based architecture. By sending the intent of $C for X, aggregators source across multiple DEXs to find the most optimal route to achieve this intent.
RFQ utilises this architecture too through MMs.
#reads RFQ, intent-based architecture
https://www.paradigm.xyz/2023/06/intents#what-are-intents
"Informally, an intent is signed a set of declarative constraints which allow a user to outsource transaction creation to a third party without relinquishing full control to the transacting party."
Essentially if the intent is to pay $C for X, then the user is allowing third parties to choose whichever computational path on their behalf to achieve this intent ($C for X).
Aggregators are a good example of intent-based architecture. By sending the intent of $C for X, aggregators source across multiple DEXs to find the most optimal route to achieve this intent.
RFQ utilises this architecture too through MMs.
#reads RFQ, intent-based architecture
https://www.paradigm.xyz/2023/06/intents#what-are-intents
Paradigm
Intent-Based Architecture and Their Risks - Paradigm
Paradigm is a research-driven crypto investment firm that funds companies and protocols from their earliest stages.
Crypto Mumbles
https://twitter.com/0xSwish/status/1695177081066332192?s=20
X (formerly Twitter)
Chainlink (@chainlink) on X
The next version of #Chainlink Staking (v0.2) is on track to launch later this year.
Learn more about how v0.2 introduces greater staker flexibility, improved security guarantees for oracle services, a modular architecture for iterative upgrades, & more.…
Learn more about how v0.2 introduces greater staker flexibility, improved security guarantees for oracle services, a modular architecture for iterative upgrades, & more.…
Justin Bons argues for sharding > L2 scaling
https://twitter.com/Justin_Bons/status/1695114892120924450?s=20
https://twitter.com/Justin_Bons/status/1695114892120924450?s=20
X (formerly Twitter)
Justin Bons on X
1/14) We can scale the L1 for billions!
Physics prevents a single chain from going beyond 1-3k TPS without sacrificing decentralization for now
However, with sharding, you can run multiple chains/shards
EGLD, for instance, can support up to 10k shards…
Physics prevents a single chain from going beyond 1-3k TPS without sacrificing decentralization for now
However, with sharding, you can run multiple chains/shards
EGLD, for instance, can support up to 10k shards…
#reads RWA
https://medium.com/fourpillars/the-structure-and-overview-of-rwa-based-defi-protocols-63bf631cb866
https://medium.com/fourpillars/the-structure-and-overview-of-rwa-based-defi-protocols-63bf631cb866
Medium
The Structure and Overview of RWA-based DeFi Protocols
Disclaimer: This article is intended for general information purposes only and does not constitute legal, business, investment, or tax advice. It should not be used as a basis for making any…
Forwarded from Gong Jiao Wei 巩娇玮
X (formerly Twitter)
DeFi Cheetah 🐆 ¤ 🦙🦇🔊 on X
[🤯 RWA default on @MakerDAO!!]
After $1.5 M $DAI default on RWA-004 (private debt of Harbor Trade) in July, $1.84M of $DAI default on RWA-003 (private debt of ConsolFreight) is at risk…
Thus I disagree with @MakerDAO’s RWA to make it more like a commercial…
After $1.5 M $DAI default on RWA-004 (private debt of Harbor Trade) in July, $1.84M of $DAI default on RWA-003 (private debt of ConsolFreight) is at risk…
Thus I disagree with @MakerDAO’s RWA to make it more like a commercial…
i mean after all users are suppose to hold their influencer's keys for alpha right
also w the high buy/sell tax and curve it was never sustainable to be constantly trading
then w OF creators coming in to juice free $ defo was a top signal
https://twitter.com/beaniemaxi/status/1695543917444288807?s=20
also w the high buy/sell tax and curve it was never sustainable to be constantly trading
then w OF creators coming in to juice free $ defo was a top signal
https://twitter.com/beaniemaxi/status/1695543917444288807?s=20
Forwarded from CryptoQuant
Weekly Fud Buster Dashboard Updates
What has changed in Bitcoin in the past 1 year?
1. Centralized Exchanges
- The bitcoin reserves on non-US exchanges have increased by more than 10%.
- The bitcoin reserves of US-based exchanges have declined by at least 30% and up to 50% or more.
2. Institutions' Accumulation
- Considering the amount withdrawn and the deposit and withdrawal records of the wallets, institutions are continuously buying Bitcoin.
- For example, In August alone, more than 20K $BTC, accounting for roughly 25%, were withdrawn from Gemini.
- 27.7K BTC were withdrawn from Gemini's wallet address: 3Fup
- These Bitcoin were transferred to wallets like 1QB, 1Et, and 35g.
3. Futures Market
- Market participants have significantly increased their exposure to derivative products, with Bitcoin Open Interest also recording the highest ATH since November 2022.
To monitor the real-time bitcoin data updates of the mentioned data, follow our live dashboard.
Live Dashboard | @cryptoquant_official
What has changed in Bitcoin in the past 1 year?
1. Centralized Exchanges
- The bitcoin reserves on non-US exchanges have increased by more than 10%.
- The bitcoin reserves of US-based exchanges have declined by at least 30% and up to 50% or more.
2. Institutions' Accumulation
- Considering the amount withdrawn and the deposit and withdrawal records of the wallets, institutions are continuously buying Bitcoin.
- For example, In August alone, more than 20K $BTC, accounting for roughly 25%, were withdrawn from Gemini.
- 27.7K BTC were withdrawn from Gemini's wallet address: 3Fup
- These Bitcoin were transferred to wallets like 1QB, 1Et, and 35g.
3. Futures Market
- Market participants have significantly increased their exposure to derivative products, with Bitcoin Open Interest also recording the highest ATH since November 2022.
To monitor the real-time bitcoin data updates of the mentioned data, follow our live dashboard.
Live Dashboard | @cryptoquant_official