EigenLayer and LRTs have experienced similar and explosive growth, comparable to that of LSTs and LSTFi in previous months. Currently, Lido dominates the LST market with a 71% share, followed by Rocket Pool at 9%, Binance at 5%, and others.With the introduction of EigenLayer's restaking, there has been a decline in the Liquid Staking TVL since March 12, as many users began staking their tokens natively on EigenLayer.Looking at the restaking space, EigenLayer's TVL has seen explosive...

EigenLayer and LRTs have experienced similar and explosive growth, comparable to that of LSTs and LSTFi in previous months. Currently, Lido dominates the LST market with a 71% share, followed by Rocket Pool at 9%, Binance at 5%, and others.With the introduction of EigenLayer's restaking, there has been a decline in the Liquid Staking TVL since March 12, as many users began staking their tokens natively on EigenLayer.Looking at the restaking space, EigenLayer's TVL has seen explosive...

Topics: Blobs, Sanctum, Solana, Monad, Degen, SUAVE Issues with Blobs For a detailed analysis of Blob inclusion rates and market strategies, check out this article: Analyzing Blob Inclusion Rates and Market Strategies. Sanctum and the EVM Space Sanctum-like platforms are being replicated in the EVM space for LST and LRT tokens. It's interesting to see apps with distribution launching their own LSTs to capture more value, akin to what's happening in the stablecoin space where every D...

Topics: Blobs, Sanctum, Solana, Monad, Degen, SUAVE Issues with Blobs For a detailed analysis of Blob inclusion rates and market strategies, check out this article: Analyzing Blob Inclusion Rates and Market Strategies. Sanctum and the EVM Space Sanctum-like platforms are being replicated in the EVM space for LST and LRT tokens. It's interesting to see apps with distribution launching their own LSTs to capture more value, akin to what's happening in the stablecoin space where every D...

The main reason for this series is to keep track of what I'm reading and evaluate its usefulness at the end. First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/mSjSgyBGaRJbBuc2tsjWdaG5LWS-RW_rBUhSQNYzytM https://mirror.xyz/iamchandan.eth/19FQR98OzGaNGomEIS3Zhy-we0NJgi9Wfbq_2D-aP9k https://mirror.xyz/iamchandan.eth/C6yYM5bNBYhonjICenArXCWrnYfIqQKFjz1w_hhotTwOne significant reason why transactions on Solana are failing is because the block builders, ...

The main reason for this series is to keep track of what I'm reading and evaluate its usefulness at the end. First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/mSjSgyBGaRJbBuc2tsjWdaG5LWS-RW_rBUhSQNYzytM https://mirror.xyz/iamchandan.eth/19FQR98OzGaNGomEIS3Zhy-we0NJgi9Wfbq_2D-aP9k https://mirror.xyz/iamchandan.eth/C6yYM5bNBYhonjICenArXCWrnYfIqQKFjz1w_hhotTwOne significant reason why transactions on Solana are failing is because the block builders, ...

There is already enough evidence to state that building privacy blockchains is not worth it. Let’s examine the status of the current privacy blockchains:Monero, Zcash & Dash transactions per day have remained flat at 25k, 6k & 17k per day since 2021 with no growth.In contrast, projects that build privacy tools on existing layer1s have seen explosive growth:Since launching on Ethereum in 2019, Tornado Cash has seen a steady increase in transaction volume as well as unique user count. 90% of th...

There is already enough evidence to state that building privacy blockchains is not worth it. Let’s examine the status of the current privacy blockchains:Monero, Zcash & Dash transactions per day have remained flat at 25k, 6k & 17k per day since 2021 with no growth.In contrast, projects that build privacy tools on existing layer1s have seen explosive growth:Since launching on Ethereum in 2019, Tornado Cash has seen a steady increase in transaction volume as well as unique user count. 90% of th...

There are currently two bottlenecks: 1) the data availability (DA), and 2) the execution.Data Availability (DA)With the introduction of blobs (EIP-4844), the cost of posting transaction data has been reduced by 17x. Before EIP-4844, posting 128kb of Ethereum call data cost $76, and this changes with network demand. With Blobs: Posting 128kb costs only $4, and this will increase as more rollups and app chains start using blobs.What can Rollups do to reduce DA cost and pack more data?Compress t...

There are currently two bottlenecks: 1) the data availability (DA), and 2) the execution.Data Availability (DA)With the introduction of blobs (EIP-4844), the cost of posting transaction data has been reduced by 17x. Before EIP-4844, posting 128kb of Ethereum call data cost $76, and this changes with network demand. With Blobs: Posting 128kb costs only $4, and this will increase as more rollups and app chains start using blobs.What can Rollups do to reduce DA cost and pack more data?Compress t...

Decentralized prediction markets have long been touted as a groundbreaking application of Web3. They offer transparency, efficiency, and verifiable ways to wager on real-world events, from sporting matches to election outcomes. Vitalik has been discussing prediction markets for years; let's examine their current state.Azuro's monthly volume for April reached $70 million, a threefold increase from last April's volume. Transactions on Azuro have doubled over the same period. Addi...

Decentralized prediction markets have long been touted as a groundbreaking application of Web3. They offer transparency, efficiency, and verifiable ways to wager on real-world events, from sporting matches to election outcomes. Vitalik has been discussing prediction markets for years; let's examine their current state.Azuro's monthly volume for April reached $70 million, a threefold increase from last April's volume. Transactions on Azuro have doubled over the same period. Addi...

Eigen layer, Tron, Railgun, Tokenizing RWA, Pendle, Intent Protocols First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/PC4cSuabC-0BmrgBcDnsmVlusNgczq1V20qOkA1Kop8 Restaking with any asset" has been on the Eigen layer roadmap from Day 1, This makes Karak network obsolete. https://www.blog.eigenlayer.xyz/dual-staking/ @0xSplits has seen hockey stick growth in Splits created on @base in February.Runes offer greater flexibility in their creation. The token...

Eigen layer, Tron, Railgun, Tokenizing RWA, Pendle, Intent Protocols First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/PC4cSuabC-0BmrgBcDnsmVlusNgczq1V20qOkA1Kop8 Restaking with any asset" has been on the Eigen layer roadmap from Day 1, This makes Karak network obsolete. https://www.blog.eigenlayer.xyz/dual-staking/ @0xSplits has seen hockey stick growth in Splits created on @base in February.Runes offer greater flexibility in their creation. The token...

This is the fundamental Bull case for AI x Crypto. First Let look at the current problems within the AI space:AI models are so computationally intensive and Compute costs are expensive.Fake AI Audios and Videos are hard to disguising for Real ones.AI models are close source. we don’t know if the company has added any bias to its responses.Google's 'woke' AI problem.Web3 can solve most of these problems, Decentralized Compute is cheaper than Cen, if the content is human or AI ge...

This is the fundamental Bull case for AI x Crypto. First Let look at the current problems within the AI space:AI models are so computationally intensive and Compute costs are expensive.Fake AI Audios and Videos are hard to disguising for Real ones.AI models are close source. we don’t know if the company has added any bias to its responses.Google's 'woke' AI problem.Web3 can solve most of these problems, Decentralized Compute is cheaper than Cen, if the content is human or AI ge...

FOMO- Fear of missing outDYOR- do your own researchNFA - Not a financial adviceHODL -hold your bag no matter the volatility of price (hold on for dear life)FUD- Fear, uncertainty and doubtWAGMI- we all gonna make itDCA - Dollar cost averagePOW- proof of workATH- all time highATL - all time lowHH- higher highLL- lower lowBTD- buy the dipP2P- peer to peerPOS- Proof of stake.TA- technical analysisFA- fundamental analysisDapp- decentralized applicationALT- alternative coins other than btcCMC- coi...

FOMO- Fear of missing outDYOR- do your own researchNFA - Not a financial adviceHODL -hold your bag no matter the volatility of price (hold on for dear life)FUD- Fear, uncertainty and doubtWAGMI- we all gonna make itDCA - Dollar cost averagePOW- proof of workATH- all time highATL - all time lowHH- higher highLL- lower lowBTD- buy the dipP2P- peer to peerPOS- Proof of stake.TA- technical analysisFA- fundamental analysisDapp- decentralized applicationALT- alternative coins other than btcCMC- coi...

Blast is the only Ethereum Layer 2 with native yield for ETH and stablecoins without changing the experience that web3 new and DeFi users expect. Under the hood, Blast is an EVM-compatible, optimistic rollup created using the OP stack. How much is the Yield?It's 4% for ETH and 5% for stablecoins.Where is the yield coming from?ETH:The ETH you bridge to Blast is staked on Lido.ETH yield from Layer 1 staking is automatically transferred to users via rebasing ETH on Layer 2.Stablecoins:Users...

Blast is the only Ethereum Layer 2 with native yield for ETH and stablecoins without changing the experience that web3 new and DeFi users expect. Under the hood, Blast is an EVM-compatible, optimistic rollup created using the OP stack. How much is the Yield?It's 4% for ETH and 5% for stablecoins.Where is the yield coming from?ETH:The ETH you bridge to Blast is staked on Lido.ETH yield from Layer 1 staking is automatically transferred to users via rebasing ETH on Layer 2.Stablecoins:Users...

L3s, Appchains, AI, Enjoy, zk Some articles I published this week: https://mirror.xyz/iamchandan.eth/7unTTznU4pcwslxCuEhDSHlgwdHDwFrpYCfdvL5Mr0U https://mirror.xyz/iamchandan.eth/FeWTcMQfYiTVzqR1HTAnZHp4H3LIlUghT4Sm3mgwjFg Network effects are most important in the crypto space.The core problem is the gas fee, as network usage increases, the gas fee also increases. We have seen this with Solana, Base, and Ethereum.DeFi is the encoding of mathematical relationships with tokens.DEX: k = xy.In le...

L3s, Appchains, AI, Enjoy, zk Some articles I published this week: https://mirror.xyz/iamchandan.eth/7unTTznU4pcwslxCuEhDSHlgwdHDwFrpYCfdvL5Mr0U https://mirror.xyz/iamchandan.eth/FeWTcMQfYiTVzqR1HTAnZHp4H3LIlUghT4Sm3mgwjFg Network effects are most important in the crypto space.The core problem is the gas fee, as network usage increases, the gas fee also increases. We have seen this with Solana, Base, and Ethereum.DeFi is the encoding of mathematical relationships with tokens.DEX: k = xy.In le...

Universal Restaking, Intent, Reth AlphaNet, Telegram, Order book Dexs, Liquid Staking, Bitcoin layer2s, Stacks, Move based layer2, Maker DAO…. First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/MWqryf5--Up6tidyJxMy6WW99fAsixF6Yc92XCDD5Rk https://mirror.xyz/iamchandan.eth/bOXpfMj3pFGpaQDh91-Yr4M1JsezjtqlEEFjpE_qOGs watch this: https://x.com/elonmusk/status/1784365619640730029 What i Read this week: 1. Karak Network: Pioneering Universal Restaking Karak N...

Universal Restaking, Intent, Reth AlphaNet, Telegram, Order book Dexs, Liquid Staking, Bitcoin layer2s, Stacks, Move based layer2, Maker DAO…. First, let's take a look at what I wrote this week: https://mirror.xyz/iamchandan.eth/MWqryf5--Up6tidyJxMy6WW99fAsixF6Yc92XCDD5Rk https://mirror.xyz/iamchandan.eth/bOXpfMj3pFGpaQDh91-Yr4M1JsezjtqlEEFjpE_qOGs watch this: https://x.com/elonmusk/status/1784365619640730029 What i Read this week: 1. Karak Network: Pioneering Universal Restaking Karak N...