Crypto Mumbles
been using velo data for a bit and honestly quite happy with it esp w it being a free tool (for now as it is open beta) the charts w OI and funding info were from velo and they have over 40 pairs to chart from + snapshot market overview datas if you're keen…
velo data has been pretty awesome so far as a free tool
been using it a lot for trade analyses on btc eth etc as mostly shown in the channel
if you wanna sign up w my ref would be greatly appreciated 🤠:
https://velodata.app/ref/5teb1wbt
they mentioned referrals are for rewards but not sure what the rewards would be as well
*there are talks of them airdropping but honestly idts, i don’t see how a token benefits them and it doesn’t seem necessary
been using it a lot for trade analyses on btc eth etc as mostly shown in the channel
if you wanna sign up w my ref would be greatly appreciated 🤠:
https://velodata.app/ref/5teb1wbt
they mentioned referrals are for rewards but not sure what the rewards would be as well
*there are talks of them airdropping but honestly idts, i don’t see how a token benefits them and it doesn’t seem necessary
velodata.app
Velo Data
faster, easier crypto data
Crypto Mumbles
Sony Network Communications and Startale Labs will be developing a blockchain together https://startale.org/blog/39274
X (formerly Twitter)
Sota Watanabe on X
Probably the biggest announcement we made so far. I am extremely excited to announce that Sony is going to make Sony's blockchain together with @StartaleHQ, a spin-off company from @AstarNetwork through the joint venture between us. This can be the game changer…
Crypto Mumbles
BTC I'll be a bit more cautious w this pump, i think its stronger than the previous few might've been a test sell not gonna enter new shorts here and will observe first putting all my shorts SL in profit, will hold my longs a bit longer
shorts have been building up v quickly btw
OI increased above prev high while funding went negative
spot buys continue being significantly higher relative to previous days (look left before 12 sep)
i think we might go higher but i'm not too sure as well, just observing
OI increased above prev high while funding went negative
spot buys continue being significantly higher relative to previous days (look left before 12 sep)
i think we might go higher but i'm not too sure as well, just observing
The importance of AMMs
https://twitter.com/ashwathbk/status/1701685235807908236?s=21&t=tGE2BsIYkgjOJwd1kelPSg
https://twitter.com/ashwathbk/status/1701685235807908236?s=21&t=tGE2BsIYkgjOJwd1kelPSg
X (formerly Twitter)
Ashwath on X
1/ AMMs are incredibly important for DeFi.
In the past, I believed AMMs would be engulfed by more efficient and functional designs -- like orderbooks.
But more recently, I think I was looking at it all wrong.
In the past, I believed AMMs would be engulfed by more efficient and functional designs -- like orderbooks.
But more recently, I think I was looking at it all wrong.
Forwarded from unfolded.
The value of real-world assets (RWAs) on-chain reached a new all-time high of $3.1 billion as of September 1.
The value is comprised of 37.3% gold and precious metals; 1.63% equities; 0.41% carbon offsets; 22.98% money markets; 20.04% treasuries; 4.38% real estate; and 13.27% private credit. As it currently stands, inherently yield-bearing RWAs capture 61% of the cumulative RWA market cap — link
The value is comprised of 37.3% gold and precious metals; 1.63% equities; 0.41% carbon offsets; 22.98% money markets; 20.04% treasuries; 4.38% real estate; and 13.27% private credit. As it currently stands, inherently yield-bearing RWAs capture 61% of the cumulative RWA market cap — link
ivangbi
Photo
something about valuing influencer mcaps with supply * key price feels weird to me
can't put a finger on it, but i don't think that's the best way to value it
although, by mcap definitions it makes sense
can't put a finger on it, but i don't think that's the best way to value it
although, by mcap definitions it makes sense
The Inversion of the Web2 Business Model
Blockchain enforcement of scarcity is credible because violating protocol rules in a blockchain environment is incredibly costly. It is a massive coordination problem, essentially the same massive coordination problem that Web2 uses against us. But here it is used to create and sustain “the safety and liveness of complex systems of coordination and collaboration”, as Vitalik Buterin describes the goal of cryptoeconomics.
That is, whereas Web2 business models use network entrenchment to trap users, crypto uses it to entrench desirable rules. Web2 users who’d like to exit a Web2 social media platform face a massive coordination problem in that they must get all of their friends to switch too, and preferably at the same time. Web3 users can simply fork away the protocol, because that fork-ability is something we’ve enabled.
The utopians of the early internet believed that by ignoring scarcity you could create abundance. In the vacuum they left, there emerged extractive Web2 business models that sought to trap users, herding them into a pen and making them watch ads. But it has always been harnessing scarcity that creates abundance. And for the first time in the digital realm, we have it.
- source
Blockchain enforcement of scarcity is credible because violating protocol rules in a blockchain environment is incredibly costly. It is a massive coordination problem, essentially the same massive coordination problem that Web2 uses against us. But here it is used to create and sustain “the safety and liveness of complex systems of coordination and collaboration”, as Vitalik Buterin describes the goal of cryptoeconomics.
That is, whereas Web2 business models use network entrenchment to trap users, crypto uses it to entrench desirable rules. Web2 users who’d like to exit a Web2 social media platform face a massive coordination problem in that they must get all of their friends to switch too, and preferably at the same time. Web3 users can simply fork away the protocol, because that fork-ability is something we’ve enabled.
The utopians of the early internet believed that by ignoring scarcity you could create abundance. In the vacuum they left, there emerged extractive Web2 business models that sought to trap users, herding them into a pen and making them watch ads. But it has always been harnessing scarcity that creates abundance. And for the first time in the digital realm, we have it.
- source
Pantera
Emerging Catalysts in Crypto | Pantera