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BiteyeHQAn in-depth analysis of TVL’s skyrocketing Manta Pacific
Author: Biteye Core Contributor Lucky Editor: Biteye Core Contributor Crush Community: @BiteyeCN *Text: 2400 words, read in 5 mins.01Introduction to Manta PacificThe recent futures price of the popular Blast on Aevo has continued to increase with TVL. In just one week, it rose from the lowest of 3.5 dollars to 15.5 dollars, and then fell back to 7 dollars. It can be seen that the L2 model, which focuses on native income, has begun to be recognized by the market. . And can Manta, which has als...
BiteyeHQDecoding the New L2——Public Goods Network
On July 7th, Gitcoin officially introduced the Layer2 network——Public Goods Network (PGN), which developed by the OP Stack. On August 18th, Gitcoin announced its 18th round of Grants will support the PGN network. What makes this L2 so favored by Gitcoin? This article will analyze PGN from the following aspects:What is a Public Good?Background and problem-solving of Public Goods NetworkHighlights of Public Goods NetworkWill Public Goods Network have an airdrop?How to interact with Public Goods...
BiteyeHQMovement：The Next Breakthrough Blockchain After Sui and Aptos
Please credit Biteye community when sharingAuthor: Biteye Core Contributor Fishery Editor: Biteye Core Contributor Crush Community: @BiteyeCN *Text: 5000 words, read in 5 mins.01 IntroductionFive years ago, Facebook's Libra (later renamed Diem) project emerged, drawing global attention. However, this ambitious initiative ended in 2022, leaving behind an unfinished legacy. Nevertheless, Libra’s technical foundation—Move programming language—has found new life through its successors. As wi...
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BiteyeHQAn in-depth analysis of TVL’s skyrocketing Manta Pacific
Author: Biteye Core Contributor Lucky Editor: Biteye Core Contributor Crush Community: @BiteyeCN *Text: 2400 words, read in 5 mins.01Introduction to Manta PacificThe recent futures price of the popular Blast on Aevo has continued to increase with TVL. In just one week, it rose from the lowest of 3.5 dollars to 15.5 dollars, and then fell back to 7 dollars. It can be seen that the L2 model, which focuses on native income, has begun to be recognized by the market. . And can Manta, which has als...
BiteyeHQDecoding the New L2——Public Goods Network
On July 7th, Gitcoin officially introduced the Layer2 network——Public Goods Network (PGN), which developed by the OP Stack. On August 18th, Gitcoin announced its 18th round of Grants will support the PGN network. What makes this L2 so favored by Gitcoin? This article will analyze PGN from the following aspects:What is a Public Good?Background and problem-solving of Public Goods NetworkHighlights of Public Goods NetworkWill Public Goods Network have an airdrop?How to interact with Public Goods...
BiteyeHQMovement：The Next Breakthrough Blockchain After Sui and Aptos
Please credit Biteye community when sharingAuthor: Biteye Core Contributor Fishery Editor: Biteye Core Contributor Crush Community: @BiteyeCN *Text: 5000 words, read in 5 mins.01 IntroductionFive years ago, Facebook's Libra (later renamed Diem) project emerged, drawing global attention. However, this ambitious initiative ended in 2022, leaving behind an unfinished legacy. Nevertheless, Libra’s technical foundation—Move programming language—has found new life through its successors. As wi...
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Share Dialog
Share Dialog
Written by: FISHERY Isla , DeFi Teddy, Dillon
Edit: Crush
*This article is about 2700 words. The estimated reading time is 6 minutes.
Osmosis is an L1 chain that acts as a DEX in the Cosmos IBC ecosystem, which will be launched in June 2021. Osmosis has the deepest liquidity and the widest user base in Cosmos, and almost all newly launched App chains will provide tokens to the liquidity pool on Osmosis.
This Friday, the largest centralized exchange listed Osmo, injecting the highest level of liquidity into Osmosis. It greatly simplifies the cross-chain process and reduces the cost of capital friction for users, which undoubtedly consolidates Osmosis in the Cosmos ecosystem.
As a Layer 1 chain, Osmosis has complete sovereignty and a freer customized development environment. Therefore, unlike our common Dapp-type automated market maker (AMM), Osmosis is not limited to being an AMM.
Superfluid Staking
When it comes to “staking”, what everyone often hears should be Staking (ordinary staking) and Liquid Staking ( such as Lido of Ethereum, which allows users to stake any amount of ETH without worrying about lock-up issues, users can immediately swap the derivative asset stETH if need). Superfluid Staking is a staking scheme specially designed LP.
To ensure stable liquidity in Dex, Osmosis has set a lock-up time for LPs, and this mechanism matches the need to maintain blockchain security, so LP (50%/50%) providers can use the superfluid staking mechanism, and half of the Osmo in the LP will be involved in Staking.
Hyper-liquidity not only strengthens the operational security of the Osmosis chain but also allows LP providers to enjoy LP mining rewards, staking rewards and airdrop rewards from other protocols.
Mesh Security
Mesh Security is a mechanism proposed by Osmosis for the Cosmos IBC ecosystem, which can provide security for the consumer chain and Cosmos Hub.
Mesh Security uses overlapping validators (Validators) in the Cosmos appchain ecosystems. For example, currently, about 75% of OSMO validators are also serving as validators of the JUNO network, while about 72% of JUNO validators are acting as OSMO validators, this overlap can lead to centralized issues.
The concept of “soft shared security” is introduced in mesh security, if a validator does something wrong on Osmosis or Juno, then code can be written to perform referendum slashing (slashing), also known as “Cross-Collateral”: Imagine a validator running on both Osmosis and Juno, this validator can choose to link his identity between Osmosis and Juno.
If this validator does something bad on Osmosis, he would be punished on both chains at the same time. The protocol can scale his reward to incentivize a validator for the associated identity. In this case, the safety of both Osmosis and Juno is improved.
At present, mesh security is still in the theoretical stage. Once realized, combined with the inter-chain security mechanism of the Cosmos Hub, it will push the security of the consumer chain to a new level.
CosmoWasm Smart Contract
Wasm (WebAssembly) is a portable compilation format that runs on virtual machines. The original intention of development is to deploy in browsers and improve the performance of web applications.
Like EVM, Wasm is just a bytecode encoding standard that enables a variety of virtual machines to run. Wasm’s success in the traditional internet space has proven its strengths.
In terms of performance, security, and developer friendliness, Wasm is far superior to EVM. Maybe virtual machines will be more suitable for smart contracts in the future, but at this stage, Wasm should be the best choice.
The prototype of CosmWasm came from a project at the Berlin Hackathon 2019, and the Interchain Foundation provided resources for the continued development of the commercial version of CosmWasm following the success of the hackathon. CosmosWasm is a module in the Cosmos SDK development tools.
As a young smart contract virtual machine compared to EVM, the security of the contract is the biggest selling point of CosmWasm. Learning from the vulnerabilities of EVM contracts, it provides native solutions for some of the most common vulnerabilities.
CosmWasm, which will be launched on Osmosis, will be licensed like Osmosis’s official website LP (the Osmosis Frontier page is permissionless), but with the help of Osmosis’s strongest liquidity resources and the highest IBC user drainage effect, I believe it will be listed on Osmosis in the future. There is a great opportunity for phenomenal products outside the DEX.
In general, Osmosis has the best development resources among the Cosmos appchains, and the team is aggressive and innovative. But Osmo also faces high emissions and some instability, such as a security breach in an upgrade in June this year, which eventually led to a chain shut down. Nowadays, more and more professional institutions are beginning to pay attention to Osmo, and they will improve the smooth operation of Osmosis.
( https://dune.com/biteye/zksync-vs-optimism-vs-arbitrum-biteye )
This dashboard compares zkSync, Optimism and Arbitrum in the past n days (n is an arbitrary integer, click Apply after inputting in the upper left corner of the dashboard, the default is 30), daily and cumulative, the number of people who have deposited from the Ethereum main net to the second layer, the number of transactions, and the deposit amount.
zkSync, Optimism and Arbitrum are all layer 2 networks of Ethereum, aiming to alleviate the congestion and high fees of the main network by separating the execution layer.
Among them, Optimism and Arbitrum both adopt the Optimistic Rollup scheme, which is both EVM-compatible blockchain networks, which are friendly to the migration of mainnet applications.
The two projects have been online for more than a year, and Arbitrum is in a leading position in the Op-Rollup track. Not only is TVL leading, but also Arbitrum-native projects such as GMX are flourishing. According to L2Beat data, Optimism and Arbitrum have TVLs of $1.59B and $2.54B, respectively.
From this dashboard, we can also see that the number of people and transactions transferred from the mainnet to Arbitrum in the past thirty days is much higher than that of Optimism.
zkSync belongs to another rollup scheme ZK-Rollup. Due to the lack of smart contract support, the adoption rate of ZkSync 1.0 is not optimistic compared with other general L2s. Except for token transfer and exchange, the rollup has almost no practical functions.
The Matter Labs team launched alpha-stage zkSync2.0 zkEVM on its mainnet on October 28, making them the first to launch a ZK rollup, a general-purpose smart contract with EVM compatibility. According to this news, in anticipation of the airdrop, the transfer of the mainnet to zkSync has increased sharply in recent days, surpassing Arbitrum and much higher than Optimism.
Regarding the daily number of deposit addresses, it is not difficult to see that after the launch of Aptos, the zkSync and Arbitrum deposit addresses surged, which is a typical feature of witch attacks. In terms of single-day performance, the market’s airdrop expectations for zkSync are higher than Arbitrum.
Similarly, from the perspective of the number of daily transactions, it still conforms to the above judgment.
In general, since Aptos has raised expectations for airdrops, a large number of real users and Studio are focusing on interacting with Layer 2 protocols that have not yet launched tokens. Optimism, which has issued a token, expects a second wave of airdrops, but from the data point of view, it has not been valued by the market.
Some users reported that the address of the exchange app installed on their mobile phones differed from that on the web page. When the deposit was performed on the mobile phone, the funds were transferred to the address tampered with by hackers on the mobile phone, resulting in the loss of all transferred assets. After verification by the exchange, the user accidentally clicked the fake Binance APP upgrade button, causing the original real app to be overwritten.
Biteye suggested that everyone must install and upgrade apps from regular channels. Due to the relatively closed ios ecosystem, the official monopolises the installation channel, so it is safer to download apps on iPhone.
In addition, it is best to store the deposit address of the exchange in a trusted wallet, so that after copying and pasting the address, the wallet will automatically identify whether the address is included in the address book, which can add a layer of insurance.
Another point that needs to be emphasized is that the small amount of test is useless under this scam. The scammer will identify the small amount transfer and let the small amount be successfully credited to the real address.
Project Description:
This is an NFT series jointly issued by RTFKT and high-end luggage production retailer RIMOWA. The project aims to promote the Metaverse's further development and the combination of online and offline. There are two NFTs in this series:
Working robot, total 2222, price 0.07 ETH
Meta Artisan suitcase, total 888, price 2 ETH, and the holder can claim the suitcase. The luggage is divided into 4 levels from low to high: confidence, exploration, vision and mimic
The sales method is the qualification lottery. Users must log in to the webpage to participate in the qualification lottery. The two NFTs have two independent lottery draws, and the winning rate of wallets holding Clone X will be higher. The selected users have five minutes mint. However, someone found a loophole during the mint. As long as the NFT of the mint is transferred away, the mint can continue to be mint. Scientists use this loophole to quickly mint a lot of NFTs and sell them in the market.
The current robot floor price is 0.3, and the luggage floor price is 2.3, 2.4, 3.38 and 28 by grade.
Art Gobbler will be launched on October 31st. Briefly introduce this project, including Gobblers, Blank page, and Goo tokens.
Gobblers are ERC-1155 NFTs with 10,000 and an initial 2,000 free mint. This includes 10 Legendary Gobblers, and for every 1000 Gobblers released, 1 Legendary will be auctioned, the first starting price is 69 Gobblers, and the subsequent Legendary starting price is twice the previous sale price.
Gobbler can be composited with Blank page paintings. Released in VRGDA mode (demand is greater than expected, the price rises, otherwise the price falls. Interested partners can learn more about it in the references at the end of the article).
Blank Page is an ERC-721 NFT with unlimited quantity, the material the artist needs to create. Released in VRGDA mode.
Goo token is an ecological currency with no upper limit. The issuance speed is getting faster and faster. Users can generate Goo by holding Gobblers and staking Goo. The total amount is t² (time squared). Goo can be used to buy artwork generated by Gobblers and Blank Pages.
Testnet result strategy recommendation:
Mint Gobblers early
Pledge the corresponding proportion of Goo
In addition to Art Gobbler, KPRverse also announced a whitelist (keeper) and a public sale list (citizen). The whitelist lasts 24 hours, and the public sale will be opened within 24 hours, but only those on the list can participate.
Risk warning: Investing in NFT has high risks. The above project information does not make investment advice, and Biteye has no commercial relationship with the above projects.
The liquidity of NFT projects has always been a pain point, and many new projects are currently working on solving this problem for NFTs.
Gumball protocol
The ERC721 and ERC20 of the same collection can be exchanged 1:1, and a part of the ETH obtained at the sale will form a pool with the corresponding ERC20 tokens to increase the liquidity of NFT.
Granular
( https://twitter.com/GranularAMM )
Differentiated ratings (similar to rarity) for NFTs in the same collection, each collection will have a master pool, which will contain sub-pools, and each sub-pool represents a different rating. In this way, the specificity of NFTs (different prices) is exhibited.
Fluidity is also important for defi, from curve, convex, olympus, frax to solidity. They are constantly optimizing the guidance and control of liquidity.
Thena
( https://twitter.com/ThenaFi_ )
The solidly optimized version of the BNB chain aims to create better liquidity guidance for the ecology of the BNB chain. It is a community-led project and has announced 7 partners, including DAO maker, Qi DAO and pStake. There will be NFTs and tokens like solidity, and airdrops will be given to long-term support users of partners.
Monlith
Solidly on the Ethereum chain, an improved version, is currently very early, and the member part comes from 0xDAO.
( https://twitter.com/MonolithETH )
In addition to over-collateralization and under-collateralization, liquidity generation can also be borrowed through future cash flow. Let’s take a look at a new project related to this.
Human finance
A project that provides a line of credit for wallets, built on superfluid and awarded this year’s Superfluid EthereumDenver. The project evaluates the wallet’s future income and then gives the wallet a certain amount of credit, allowing the wallet holder to spend with “future income”. Project investors include Folius Ventures, Circle (USDC parent company), Robot ventures, etc. The current project is very early, you can pay attention.
( https://twitter.com/humafinance )
Risk warning: Biteye has no commercial relationship with the above-mentioned early projects, and investors need to do further due diligence.
References:
[1] CosmWasm: Evolving Virtual Machines and Smart Contracts
( https://mirror.xyz/infinet.eth/iHNGFwTAEDGAUuuK4UPtyBt4XNIDFWX94Q68XpHw2yg )
[2] GDAs
( https://paradigm.xyz/2022/04/gda )
[3] VRGDA
( https://www.paradigm.xyz/2022/08/vrgda#logistic-issuance-schedule )
[4] Art Gobblers
( https://www.paradigm.xyz/2022/09/artgobblers )
END
About us
Biteye is an overseas Web3 learning and research community that generates content and tools in a community-driven way and uses DAO to govern and motivate!
WeChat group: Add a little assistant @Biteye01, to the group
Twitter: @BiteyeHQ
Discord: discord.gg/Biteye
*Disclaimer: The content shared in this article is only for learning and exchange, does not constitute any investment advice, and does not represent Biteye’s position. If you like our articles, follow us!
Written by: FISHERY Isla , DeFi Teddy, Dillon
Edit: Crush
*This article is about 2700 words. The estimated reading time is 6 minutes.
Osmosis is an L1 chain that acts as a DEX in the Cosmos IBC ecosystem, which will be launched in June 2021. Osmosis has the deepest liquidity and the widest user base in Cosmos, and almost all newly launched App chains will provide tokens to the liquidity pool on Osmosis.
This Friday, the largest centralized exchange listed Osmo, injecting the highest level of liquidity into Osmosis. It greatly simplifies the cross-chain process and reduces the cost of capital friction for users, which undoubtedly consolidates Osmosis in the Cosmos ecosystem.
As a Layer 1 chain, Osmosis has complete sovereignty and a freer customized development environment. Therefore, unlike our common Dapp-type automated market maker (AMM), Osmosis is not limited to being an AMM.
Superfluid Staking
When it comes to “staking”, what everyone often hears should be Staking (ordinary staking) and Liquid Staking ( such as Lido of Ethereum, which allows users to stake any amount of ETH without worrying about lock-up issues, users can immediately swap the derivative asset stETH if need). Superfluid Staking is a staking scheme specially designed LP.
To ensure stable liquidity in Dex, Osmosis has set a lock-up time for LPs, and this mechanism matches the need to maintain blockchain security, so LP (50%/50%) providers can use the superfluid staking mechanism, and half of the Osmo in the LP will be involved in Staking.
Hyper-liquidity not only strengthens the operational security of the Osmosis chain but also allows LP providers to enjoy LP mining rewards, staking rewards and airdrop rewards from other protocols.
Mesh Security
Mesh Security is a mechanism proposed by Osmosis for the Cosmos IBC ecosystem, which can provide security for the consumer chain and Cosmos Hub.
Mesh Security uses overlapping validators (Validators) in the Cosmos appchain ecosystems. For example, currently, about 75% of OSMO validators are also serving as validators of the JUNO network, while about 72% of JUNO validators are acting as OSMO validators, this overlap can lead to centralized issues.
The concept of “soft shared security” is introduced in mesh security, if a validator does something wrong on Osmosis or Juno, then code can be written to perform referendum slashing (slashing), also known as “Cross-Collateral”: Imagine a validator running on both Osmosis and Juno, this validator can choose to link his identity between Osmosis and Juno.
If this validator does something bad on Osmosis, he would be punished on both chains at the same time. The protocol can scale his reward to incentivize a validator for the associated identity. In this case, the safety of both Osmosis and Juno is improved.
At present, mesh security is still in the theoretical stage. Once realized, combined with the inter-chain security mechanism of the Cosmos Hub, it will push the security of the consumer chain to a new level.
CosmoWasm Smart Contract
Wasm (WebAssembly) is a portable compilation format that runs on virtual machines. The original intention of development is to deploy in browsers and improve the performance of web applications.
Like EVM, Wasm is just a bytecode encoding standard that enables a variety of virtual machines to run. Wasm’s success in the traditional internet space has proven its strengths.
In terms of performance, security, and developer friendliness, Wasm is far superior to EVM. Maybe virtual machines will be more suitable for smart contracts in the future, but at this stage, Wasm should be the best choice.
The prototype of CosmWasm came from a project at the Berlin Hackathon 2019, and the Interchain Foundation provided resources for the continued development of the commercial version of CosmWasm following the success of the hackathon. CosmosWasm is a module in the Cosmos SDK development tools.
As a young smart contract virtual machine compared to EVM, the security of the contract is the biggest selling point of CosmWasm. Learning from the vulnerabilities of EVM contracts, it provides native solutions for some of the most common vulnerabilities.
CosmWasm, which will be launched on Osmosis, will be licensed like Osmosis’s official website LP (the Osmosis Frontier page is permissionless), but with the help of Osmosis’s strongest liquidity resources and the highest IBC user drainage effect, I believe it will be listed on Osmosis in the future. There is a great opportunity for phenomenal products outside the DEX.
In general, Osmosis has the best development resources among the Cosmos appchains, and the team is aggressive and innovative. But Osmo also faces high emissions and some instability, such as a security breach in an upgrade in June this year, which eventually led to a chain shut down. Nowadays, more and more professional institutions are beginning to pay attention to Osmo, and they will improve the smooth operation of Osmosis.
( https://dune.com/biteye/zksync-vs-optimism-vs-arbitrum-biteye )
This dashboard compares zkSync, Optimism and Arbitrum in the past n days (n is an arbitrary integer, click Apply after inputting in the upper left corner of the dashboard, the default is 30), daily and cumulative, the number of people who have deposited from the Ethereum main net to the second layer, the number of transactions, and the deposit amount.
zkSync, Optimism and Arbitrum are all layer 2 networks of Ethereum, aiming to alleviate the congestion and high fees of the main network by separating the execution layer.
Among them, Optimism and Arbitrum both adopt the Optimistic Rollup scheme, which is both EVM-compatible blockchain networks, which are friendly to the migration of mainnet applications.
The two projects have been online for more than a year, and Arbitrum is in a leading position in the Op-Rollup track. Not only is TVL leading, but also Arbitrum-native projects such as GMX are flourishing. According to L2Beat data, Optimism and Arbitrum have TVLs of $1.59B and $2.54B, respectively.
From this dashboard, we can also see that the number of people and transactions transferred from the mainnet to Arbitrum in the past thirty days is much higher than that of Optimism.
zkSync belongs to another rollup scheme ZK-Rollup. Due to the lack of smart contract support, the adoption rate of ZkSync 1.0 is not optimistic compared with other general L2s. Except for token transfer and exchange, the rollup has almost no practical functions.
The Matter Labs team launched alpha-stage zkSync2.0 zkEVM on its mainnet on October 28, making them the first to launch a ZK rollup, a general-purpose smart contract with EVM compatibility. According to this news, in anticipation of the airdrop, the transfer of the mainnet to zkSync has increased sharply in recent days, surpassing Arbitrum and much higher than Optimism.
Regarding the daily number of deposit addresses, it is not difficult to see that after the launch of Aptos, the zkSync and Arbitrum deposit addresses surged, which is a typical feature of witch attacks. In terms of single-day performance, the market’s airdrop expectations for zkSync are higher than Arbitrum.
Similarly, from the perspective of the number of daily transactions, it still conforms to the above judgment.
In general, since Aptos has raised expectations for airdrops, a large number of real users and Studio are focusing on interacting with Layer 2 protocols that have not yet launched tokens. Optimism, which has issued a token, expects a second wave of airdrops, but from the data point of view, it has not been valued by the market.
Some users reported that the address of the exchange app installed on their mobile phones differed from that on the web page. When the deposit was performed on the mobile phone, the funds were transferred to the address tampered with by hackers on the mobile phone, resulting in the loss of all transferred assets. After verification by the exchange, the user accidentally clicked the fake Binance APP upgrade button, causing the original real app to be overwritten.
Biteye suggested that everyone must install and upgrade apps from regular channels. Due to the relatively closed ios ecosystem, the official monopolises the installation channel, so it is safer to download apps on iPhone.
In addition, it is best to store the deposit address of the exchange in a trusted wallet, so that after copying and pasting the address, the wallet will automatically identify whether the address is included in the address book, which can add a layer of insurance.
Another point that needs to be emphasized is that the small amount of test is useless under this scam. The scammer will identify the small amount transfer and let the small amount be successfully credited to the real address.
Project Description:
This is an NFT series jointly issued by RTFKT and high-end luggage production retailer RIMOWA. The project aims to promote the Metaverse's further development and the combination of online and offline. There are two NFTs in this series:
Working robot, total 2222, price 0.07 ETH
Meta Artisan suitcase, total 888, price 2 ETH, and the holder can claim the suitcase. The luggage is divided into 4 levels from low to high: confidence, exploration, vision and mimic
The sales method is the qualification lottery. Users must log in to the webpage to participate in the qualification lottery. The two NFTs have two independent lottery draws, and the winning rate of wallets holding Clone X will be higher. The selected users have five minutes mint. However, someone found a loophole during the mint. As long as the NFT of the mint is transferred away, the mint can continue to be mint. Scientists use this loophole to quickly mint a lot of NFTs and sell them in the market.
The current robot floor price is 0.3, and the luggage floor price is 2.3, 2.4, 3.38 and 28 by grade.
Art Gobbler will be launched on October 31st. Briefly introduce this project, including Gobblers, Blank page, and Goo tokens.
Gobblers are ERC-1155 NFTs with 10,000 and an initial 2,000 free mint. This includes 10 Legendary Gobblers, and for every 1000 Gobblers released, 1 Legendary will be auctioned, the first starting price is 69 Gobblers, and the subsequent Legendary starting price is twice the previous sale price.
Gobbler can be composited with Blank page paintings. Released in VRGDA mode (demand is greater than expected, the price rises, otherwise the price falls. Interested partners can learn more about it in the references at the end of the article).
Blank Page is an ERC-721 NFT with unlimited quantity, the material the artist needs to create. Released in VRGDA mode.
Goo token is an ecological currency with no upper limit. The issuance speed is getting faster and faster. Users can generate Goo by holding Gobblers and staking Goo. The total amount is t² (time squared). Goo can be used to buy artwork generated by Gobblers and Blank Pages.
Testnet result strategy recommendation:
Mint Gobblers early
Pledge the corresponding proportion of Goo
In addition to Art Gobbler, KPRverse also announced a whitelist (keeper) and a public sale list (citizen). The whitelist lasts 24 hours, and the public sale will be opened within 24 hours, but only those on the list can participate.
Risk warning: Investing in NFT has high risks. The above project information does not make investment advice, and Biteye has no commercial relationship with the above projects.
The liquidity of NFT projects has always been a pain point, and many new projects are currently working on solving this problem for NFTs.
Gumball protocol
The ERC721 and ERC20 of the same collection can be exchanged 1:1, and a part of the ETH obtained at the sale will form a pool with the corresponding ERC20 tokens to increase the liquidity of NFT.
Granular
( https://twitter.com/GranularAMM )
Differentiated ratings (similar to rarity) for NFTs in the same collection, each collection will have a master pool, which will contain sub-pools, and each sub-pool represents a different rating. In this way, the specificity of NFTs (different prices) is exhibited.
Fluidity is also important for defi, from curve, convex, olympus, frax to solidity. They are constantly optimizing the guidance and control of liquidity.
Thena
( https://twitter.com/ThenaFi_ )
The solidly optimized version of the BNB chain aims to create better liquidity guidance for the ecology of the BNB chain. It is a community-led project and has announced 7 partners, including DAO maker, Qi DAO and pStake. There will be NFTs and tokens like solidity, and airdrops will be given to long-term support users of partners.
Monlith
Solidly on the Ethereum chain, an improved version, is currently very early, and the member part comes from 0xDAO.
( https://twitter.com/MonolithETH )
In addition to over-collateralization and under-collateralization, liquidity generation can also be borrowed through future cash flow. Let’s take a look at a new project related to this.
Human finance
A project that provides a line of credit for wallets, built on superfluid and awarded this year’s Superfluid EthereumDenver. The project evaluates the wallet’s future income and then gives the wallet a certain amount of credit, allowing the wallet holder to spend with “future income”. Project investors include Folius Ventures, Circle (USDC parent company), Robot ventures, etc. The current project is very early, you can pay attention.
( https://twitter.com/humafinance )
Risk warning: Biteye has no commercial relationship with the above-mentioned early projects, and investors need to do further due diligence.
References:
[1] CosmWasm: Evolving Virtual Machines and Smart Contracts
( https://mirror.xyz/infinet.eth/iHNGFwTAEDGAUuuK4UPtyBt4XNIDFWX94Q68XpHw2yg )
[2] GDAs
( https://paradigm.xyz/2022/04/gda )
[3] VRGDA
( https://www.paradigm.xyz/2022/08/vrgda#logistic-issuance-schedule )
[4] Art Gobblers
( https://www.paradigm.xyz/2022/09/artgobblers )
END
About us
Biteye is an overseas Web3 learning and research community that generates content and tools in a community-driven way and uses DAO to govern and motivate!
WeChat group: Add a little assistant @Biteye01, to the group
Twitter: @BiteyeHQ
Discord: discord.gg/Biteye
*Disclaimer: The content shared in this article is only for learning and exchange, does not constitute any investment advice, and does not represent Biteye’s position. If you like our articles, follow us!
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