April 10th Morning Update: A Pivotal Week Ahead with Shanghai Upgrade and CPI Data In this week's market update, we'll cover macroeconomic events, such as payroll data and the upcoming Consumer Price Index (CPI), alongside the volatile crypto market and NFT trading trends. MACRO: Last Friday's payroll data came in slightly below expectations at 236K compared to the expected 239K. Wage inflation was also marginally lower at 4.2% versus the anticipated 4.3%. Surprisingly, the mar...

April 10th Morning Update: A Pivotal Week Ahead with Shanghai Upgrade and CPI Data In this week's market update, we'll cover macroeconomic events, such as payroll data and the upcoming Consumer Price Index (CPI), alongside the volatile crypto market and NFT trading trends. MACRO: Last Friday's payroll data came in slightly below expectations at 236K compared to the expected 239K. Wage inflation was also marginally lower at 4.2% versus the anticipated 4.3%. Surprisingly, the mar...

Many DAOs today are either not decentralized or not efficient. To address these issues, I propose a DAO that elects an operator. The operator has the freedom to manage the protocol as they wish, but if the DAO is unhappy, they can elect a new operator at any time, taking control away from the current operator in a decentralized way. First, let's review common existing structures and their pros and cons:On-chain protocol governance (e.g., Compound, Uniswap): Pros: Fully decentralized (in ...

Many DAOs today are either not decentralized or not efficient. To address these issues, I propose a DAO that elects an operator. The operator has the freedom to manage the protocol as they wish, but if the DAO is unhappy, they can elect a new operator at any time, taking control away from the current operator in a decentralized way. First, let's review common existing structures and their pros and cons:On-chain protocol governance (e.g., Compound, Uniswap): Pros: Fully decentralized (in ...

Ethereum is set to receive its second major upgrade in eight months on April 12th, following the monumental Merge, which attracted significant media attention. The upcoming Shapella upgrade may not garner as much fanfare, but it is no less important as it essentially completes the work begun with the Merge by allowing users to withdraw their staked Ether (ETH). The Merge switched Ethereum's consensus mechanism from Proof of Work (PoW) to Proof of Stake (PoS), making it more environmental...

Ethereum is set to receive its second major upgrade in eight months on April 12th, following the monumental Merge, which attracted significant media attention. The upcoming Shapella upgrade may not garner as much fanfare, but it is no less important as it essentially completes the work begun with the Merge by allowing users to withdraw their staked Ether (ETH). The Merge switched Ethereum's consensus mechanism from Proof of Work (PoW) to Proof of Stake (PoS), making it more environmental...

Once upon a time, in a world where nations vied for power and control, the mighty currencies ruled the economic landscape. The Global Reserve Currency was a coveted title held only by the strongest nations, and the competition to maintain it was fierce. In the early 20th century, the British pound sterling reigned supreme. It was called the pound sterling because one pound could purchase one pound of sterling silver. The British Empire had a powerful grip on the world, and those who dared to ...

Once upon a time, in a world where nations vied for power and control, the mighty currencies ruled the economic landscape. The Global Reserve Currency was a coveted title held only by the strongest nations, and the competition to maintain it was fierce. In the early 20th century, the British pound sterling reigned supreme. It was called the pound sterling because one pound could purchase one pound of sterling silver. The British Empire had a powerful grip on the world, and those who dared to ...