Behind the Charts: J. Hackworth
Behind the Charts is a blog post series about MetricsDAO’s analyst community. It serves as a way to get to know and feature some of the best analysts in the Web3 space. As we seek to empower protocols and organizations in the crypto space, it is important to empower on-chain analysts as well and highlight their skills and talents. In this edition, we speak to J. Hackworth, a data scientist/data engineer at a large consulting firm by day and a stellar blockchain analyst by night. He shares det...
Behind the Charts: J. Hackworth
Behind the Charts is a blog post series about MetricsDAO’s analyst community. It serves as a way to get to know and feature some of the best analysts in the Web3 space. As we seek to empower protocols and organizations in the crypto space, it is important to empower on-chain analysts as well and highlight their skills and talents. In this edition, we speak to J. Hackworth, a data scientist/data engineer at a large consulting firm by day and a stellar blockchain analyst by night. He shares det...
True Freeze - Deep Dive
True Freeze is a protocol that allows users to lock an EVM chain’s native asset out of circulation for their chosen length of time. Launched last June 8, 2022, it is currently live on Ethereum-mainnet, hence as of now, only ETH can be locked (WETH to be specific). In exchange, users receive yield on their ETH up front in the form of frETH and NFTs representing their locked positions (Certificate of Deposit Freezer NFTs). It is important to note that these NFTs are pegged 1:1 with the locked E...
True Freeze - Deep Dive
True Freeze is a protocol that allows users to lock an EVM chain’s native asset out of circulation for their chosen length of time. Launched last June 8, 2022, it is currently live on Ethereum-mainnet, hence as of now, only ETH can be locked (WETH to be specific). In exchange, users receive yield on their ETH up front in the form of frETH and NFTs representing their locked positions (Certificate of Deposit Freezer NFTs). It is important to note that these NFTs are pegged 1:1 with the locked E...
Nouns
IntroductionNouns is a collection of generative 2D pixel NFTs (ERC-721) that are based on people, places, and things. Each day, a new Noun is generated. The Noun is then auctioned for 24 hours. Once the auction ends, the Noun ERC-721 token is sent to the winning bidder, the Nouns DAO treasury receives the proceeds (denominated in Ethereum), and the next Noun is generated. The time at which the auction ends and when a new Noun is selected to be generated is known as “Noun O’Clock”. This proces...
Nouns
IntroductionNouns is a collection of generative 2D pixel NFTs (ERC-721) that are based on people, places, and things. Each day, a new Noun is generated. The Noun is then auctioned for 24 hours. Once the auction ends, the Noun ERC-721 token is sent to the winning bidder, the Nouns DAO treasury receives the proceeds (denominated in Ethereum), and the next Noun is generated. The time at which the auction ends and when a new Noun is selected to be generated is known as “Noun O’Clock”. This proces...
UMA Deep Dive
IntroductionWhat is UMA? Universal Market Access (UMA) is an optimistic oracle, an oracle that assumes the data it’s given is true unless disputed, that allows for arbitrary types of data to be securely brought on-chain. Some of the current projects that use UMA are cross-chain bridges, insurance protocols, custom derivatives, and prediction markets. UMA is faster than most other Oracles and the price data can be provided by anyone. How does UMA work? UMA uses Optimistic Oracle to allow contr...
UMA Deep Dive
IntroductionWhat is UMA? Universal Market Access (UMA) is an optimistic oracle, an oracle that assumes the data it’s given is true unless disputed, that allows for arbitrary types of data to be securely brought on-chain. Some of the current projects that use UMA are cross-chain bridges, insurance protocols, custom derivatives, and prediction markets. UMA is faster than most other Oracles and the price data can be provided by anyone. How does UMA work? UMA uses Optimistic Oracle to allow contr...
Experiment #8: Harmony Flash Bounty
GoalOur goal with this flash bounty was to analyze Harmony wallet activity to give a potential explanation for the significant drop-off in active wallets noticed from May 26 to May 27, 2022:Set-UpUsually, our bounties run through an organized system every week: announcements on Fridays with a set of bounties that will be due a week later. And in our regular bounty programs, all valid submissions are rewarded. With the Harmony flash bounty, we gave analysts extra days to complete it (a total o...
Experiment #8: Harmony Flash Bounty
GoalOur goal with this flash bounty was to analyze Harmony wallet activity to give a potential explanation for the significant drop-off in active wallets noticed from May 26 to May 27, 2022:Set-UpUsually, our bounties run through an organized system every week: announcements on Fridays with a set of bounties that will be due a week later. And in our regular bounty programs, all valid submissions are rewarded. With the Harmony flash bounty, we gave analysts extra days to complete it (a total o...
