Tokenomics is hard but we've seen some clear winners emerge over the relatively short history of blockchains and cryptocurrencies.Proof Of StakeThe POS (Proof Of Stake) validator model works. It's seen many, many thousands of small to large infrastructure providers enter the blockchain/cryptocurrency space. It's why many blockchains use it today as their security model. There's many opportunities for individuals to participate directly even. It is arguably at the core of d...

Tokenomics is hard but we've seen some clear winners emerge over the relatively short history of blockchains and cryptocurrencies.Proof Of StakeThe POS (Proof Of Stake) validator model works. It's seen many, many thousands of small to large infrastructure providers enter the blockchain/cryptocurrency space. It's why many blockchains use it today as their security model. There's many opportunities for individuals to participate directly even. It is arguably at the core of d...

Coinbase is building a new Layer 2 on Ethereum called Base. It's a it's a chain in the OP (Optimism) stack so the same mechanics apply here, aka it's copy of the existing Optimism Layer 2. Wouldn't be surprised if we saw more of these OP Stack Layer 2 chains over the next 2-3 years. Their post announcing the chain and detailing the vision and theory behind it is a good read, as are the few posts so far on the Base Mirror blog: Decentralizing Base with the OP Stack and Opti...

Coinbase is building a new Layer 2 on Ethereum called Base. It's a it's a chain in the OP (Optimism) stack so the same mechanics apply here, aka it's copy of the existing Optimism Layer 2. Wouldn't be surprised if we saw more of these OP Stack Layer 2 chains over the next 2-3 years. Their post announcing the chain and detailing the vision and theory behind it is a good read, as are the few posts so far on the Base Mirror blog: Decentralizing Base with the OP Stack and Opti...

Recently I started staking BitTorrent ($BTT). It may not cross the radar of many crypto and defi users in the western world but it's a big deal outside of that sphere and it's probably something you should have one eye on as goes the future of crypto.What is the BitTorrent Network?BitTorrent blockchain is a decentralized file sharing protocol that uses BitTorrent Token (BTT) as a utility token to power features of various applications. $BTT is a TRC-20 token based on the TRON blockc...

Recently I started staking BitTorrent ($BTT). It may not cross the radar of many crypto and defi users in the western world but it's a big deal outside of that sphere and it's probably something you should have one eye on as goes the future of crypto.What is the BitTorrent Network?BitTorrent blockchain is a decentralized file sharing protocol that uses BitTorrent Token (BTT) as a utility token to power features of various applications. $BTT is a TRC-20 token based on the TRON blockc...

With the launch of Orbit Arbitrum has officially started the Layer3 era for the Ethereum ecosystem.Expect a couple of big projects to announce a layer3 blockchain soon. My guess is one has got a strong simian vibe. Steven Goldfeder and Harry Kalodner from Offchain Labs gave a great explanation of the thesis behind Orbit and, of course, the token airdrop on a recent Empire podcast episode. It's well worth digging into the launch announcement Arbitrim blog post as it goes over their thesis...

With the launch of Orbit Arbitrum has officially started the Layer3 era for the Ethereum ecosystem.Expect a couple of big projects to announce a layer3 blockchain soon. My guess is one has got a strong simian vibe. Steven Goldfeder and Harry Kalodner from Offchain Labs gave a great explanation of the thesis behind Orbit and, of course, the token airdrop on a recent Empire podcast episode. It's well worth digging into the launch announcement Arbitrim blog post as it goes over their thesis...

Looping in Decentralised FinanceThe looping strategy in DeFi is a process of supplying an asset and borrowing against that same asset continuously to earn a higher yield. This is because some DeFi platforms reward users for both lending and borrowing with their native tokens or other incentives. By looping, users can increase their exposure to these rewards and earn a positive net APY. However, looping also involves risks such as liquidation, impermanent loss, and smart contract failures. To ...

Looping in Decentralised FinanceThe looping strategy in DeFi is a process of supplying an asset and borrowing against that same asset continuously to earn a higher yield. This is because some DeFi platforms reward users for both lending and borrowing with their native tokens or other incentives. By looping, users can increase their exposure to these rewards and earn a positive net APY. However, looping also involves risks such as liquidation, impermanent loss, and smart contract failures. To ...

Coinbase wants in on the defi stablecoin gameIn light of the recent banking crisis, Coinbase said it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system Of course Coinbase already owns 50% of Circle, the issuer of fiat back stablecoin USDC, so it has some considerable skin in the stablecoin game. But USDC recently de-pegged when it's reliance on only a few banking partners was exposed as incre...

Coinbase wants in on the defi stablecoin gameIn light of the recent banking crisis, Coinbase said it is now “more important than ever” to build an inflation-tracking stablecoin that negates economic uncertainty caused by the legacy financial system Of course Coinbase already owns 50% of Circle, the issuer of fiat back stablecoin USDC, so it has some considerable skin in the stablecoin game. But USDC recently de-pegged when it's reliance on only a few banking partners was exposed as incre...

Frakt are a new Solana NFTfi (NFT finance) protocol on Solana. But they're not "new" perse. They've been around for quite a while, but as a collection of NFT projects. This new platform is those projects evolving to become a new type of protocol. It's very interesting and quite impressive what they've been able to accomplish so far.What is Frakt?From https://docs.frakt.xyz/frakt/ FRAKT is the first decentralized NFT liquidity protocol on Solana offering both peer-to-pool a...

Frakt are a new Solana NFTfi (NFT finance) protocol on Solana. But they're not "new" perse. They've been around for quite a while, but as a collection of NFT projects. This new platform is those projects evolving to become a new type of protocol. It's very interesting and quite impressive what they've been able to accomplish so far.What is Frakt?From https://docs.frakt.xyz/frakt/ FRAKT is the first decentralized NFT liquidity protocol on Solana offering both peer-to-pool a...

I wrote this post back when I worked as a data analyst and then product owner at a small start up called Nuonic.Who is Nuonic?https://nuonic.com.au/ Nuonic is an analytics start-up that is part of the InLoop group of companies, which also includes Lantern Pay and Flexischools. Nuonic was started as an internal analytics service for group, to generate new value from the data sets being captured through those transactional businesses. Nuonic has since also developed an innovative solution to he...

I wrote this post back when I worked as a data analyst and then product owner at a small start up called Nuonic.Who is Nuonic?https://nuonic.com.au/ Nuonic is an analytics start-up that is part of the InLoop group of companies, which also includes Lantern Pay and Flexischools. Nuonic was started as an internal analytics service for group, to generate new value from the data sets being captured through those transactional businesses. Nuonic has since also developed an innovative solution to he...

Netflix series, the Toys That Made Us, is a look into what is behind success of popular toys from our childhood. But it not-too-subtly shows what success is really made of: Confusing contradictions. It's an interesting and well made look at the behind the scenes stories of popular toys. However it's also, intentionally I think, a parody of popular business and entrepreneur media that seeks to explain the "secrets of company/product X's success" with each book, blog or video bei...

Netflix series, the Toys That Made Us, is a look into what is behind success of popular toys from our childhood. But it not-too-subtly shows what success is really made of: Confusing contradictions. It's an interesting and well made look at the behind the scenes stories of popular toys. However it's also, intentionally I think, a parody of popular business and entrepreneur media that seeks to explain the "secrets of company/product X's success" with each book, blog or video bei...

Leverage (aka lending) in DeFiDefi is composable finance, which means you're able to take different parts of it and assemble them to form your own financial designs. Sometimes people refer to this as 'money legos' You can use supply and borrow in DeFi to take out short and long positions by using different protocols that allow you to lend and borrow crypto assets with leverage. A long position is when you expect the asset to increase in value, while a short position is when you...

Leverage (aka lending) in DeFiDefi is composable finance, which means you're able to take different parts of it and assemble them to form your own financial designs. Sometimes people refer to this as 'money legos' You can use supply and borrow in DeFi to take out short and long positions by using different protocols that allow you to lend and borrow crypto assets with leverage. A long position is when you expect the asset to increase in value, while a short position is when you...