Article by DragonStake, validator of dYdXDx https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc In this article, we will analyze the impact that incorporating ETH as collateral would have on dYdX . We believe that adding this capability to the project could potentially increase the volume of assets deposited in the protocol by at least fivefold, in addition to improving other metrics. Derivative protocols typically exhibit a higher number of long positio...

Article by DragonStake, validator of dYdXDx https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc In this article, we will analyze the impact that incorporating ETH as collateral would have on dYdX . We believe that adding this capability to the project could potentially increase the volume of assets deposited in the protocol by at least fivefold, in addition to improving other metrics. Derivative protocols typically exhibit a higher number of long positio...

BigTech FlippeningOne of the main theses of the Hedge Fund that I advise is that the value creation in technology within the Crypto market will eventually surpass the value creation in traditional markets. This scenario seems highly probable to me due to the competitive advantages offered by these new capital markets, which have demonstrated their capacity to finance large ventures by redefining the traditional stages of business financing. The decision to focus investment on Crypto Assets mo...

BigTech FlippeningOne of the main theses of the Hedge Fund that I advise is that the value creation in technology within the Crypto market will eventually surpass the value creation in traditional markets. This scenario seems highly probable to me due to the competitive advantages offered by these new capital markets, which have demonstrated their capacity to finance large ventures by redefining the traditional stages of business financing. The decision to focus investment on Crypto Assets mo...

Lens has lost the traction it initially had, and the activity does not meet the expectations we all had for the project. This statement does not imply denying that it is currently the leading Crypto Social Networks initiative, a position it now shares with Farcaster. These networks have managed to consolidate a reasonable level of activity, unlike other initiatives such as Friend Tech, whose activity is practically marginal. I think it is important to start by acknowledging the impressive wor...

Lens has lost the traction it initially had, and the activity does not meet the expectations we all had for the project. This statement does not imply denying that it is currently the leading Crypto Social Networks initiative, a position it now shares with Farcaster. These networks have managed to consolidate a reasonable level of activity, unlike other initiatives such as Friend Tech, whose activity is practically marginal. I think it is important to start by acknowledging the impressive wor...

Article by DragonStake, validator of dYdX. We invite you to delegate to our validator DragoStake if you found these analyses interesting https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc Let's analyze the outcome of Season 4 Incentives developed on dYdX. It is not easy to assess the direct impact of these incentives since there are many other variables, including the market, that directly affect the metrics we aim to measure. Isolating the effect ...

Article by DragonStake, validator of dYdX. We invite you to delegate to our validator DragoStake if you found these analyses interesting https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc Let's analyze the outcome of Season 4 Incentives developed on dYdX. It is not easy to assess the direct impact of these incentives since there are many other variables, including the market, that directly affect the metrics we aim to measure. Isolating the effect ...

Let's try to analyze DEGEN's strategy over the past few months. Here is the article I wrote a few months ago, which we are now going to review. https://mirror.xyz/0x3e0cf03f718520F30300266dcF4DB50bA12d3331/Jq6L-lobWp86vKUdA5A6kbR2JvomqNMep_6-rVi0agg The price is relevant insofar as it reflects the market's valuation of the project. It is a complex challenge, as we explained in the previous article, to achieve it. Besides, the large increase needed some consolidation, but it is ...

Let's try to analyze DEGEN's strategy over the past few months. Here is the article I wrote a few months ago, which we are now going to review. https://mirror.xyz/0x3e0cf03f718520F30300266dcF4DB50bA12d3331/Jq6L-lobWp86vKUdA5A6kbR2JvomqNMep_6-rVi0agg The price is relevant insofar as it reflects the market's valuation of the project. It is a complex challenge, as we explained in the previous article, to achieve it. Besides, the large increase needed some consolidation, but it is ...

The tipping strategy is probably one of the fundamental drivers of Degen's price, although it is not the only one. The market, the trend of Farcaster, and direct competitors within the network also play a role. However, we could say that, as expected, the strategic changes in Session 6 halted the strong downward trend of the token.Degen Token PriceThe measures were taken too late; we had been warning about this several months earlier. It was certainly a very controversial decision, espec...

The tipping strategy is probably one of the fundamental drivers of Degen's price, although it is not the only one. The market, the trend of Farcaster, and direct competitors within the network also play a role. However, we could say that, as expected, the strategic changes in Session 6 halted the strong downward trend of the token.Degen Token PriceThe measures were taken too late; we had been warning about this several months earlier. It was certainly a very controversial decision, espec...

In this article, we analyze the DEGEN strategy in its 6th session, which comes with interesting proposals regarding the token. To do this, we will analyze each rule in this new session, what strategy it implies, and what impact it might have. We begin with the first point, which establishes a minimum of 10K DEGEN to be locked for 3 months in order to qualify for obtaining DEGENs for tipping. The minimum amount remains at 10K, and the main difference is that now it must be locked for 3 months ...

In this article, we analyze the DEGEN strategy in its 6th session, which comes with interesting proposals regarding the token. To do this, we will analyze each rule in this new session, what strategy it implies, and what impact it might have. We begin with the first point, which establishes a minimum of 10K DEGEN to be locked for 3 months in order to qualify for obtaining DEGENs for tipping. The minimum amount remains at 10K, and the main difference is that now it must be locked for 3 months ...

The strength demonstrated by assets during downturns, especially their performance compared to other assets, is an indicator that provides us with a lot of information. The declines in asset prices are only bought by the inelastic demand for the asset or by investors who believe that at certain prices, the return on these assets will ensure the recovery of investments within a certain period. Fees Paid by L2 These market downturns coincide with a clear deterioration in the demand for Ethereum...

The strength demonstrated by assets during downturns, especially their performance compared to other assets, is an indicator that provides us with a lot of information. The declines in asset prices are only bought by the inelastic demand for the asset or by investors who believe that at certain prices, the return on these assets will ensure the recovery of investments within a certain period. Fees Paid by L2 These market downturns coincide with a clear deterioration in the demand for Ethereum...

Article by DragonStake, validator of DyDx https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc Staking dYdX has delivered 25 million USDCs to its stakers, which is quite unusual for DeFi protocol tokens. Most protocols issue their own tokens with various types of incentives aimed at ultimately creating value for the project but do not deliver stablecoins. These native tokens are often issued to users who have the most capital and activity. This type of st...

Article by DragonStake, validator of DyDx https://www.mintscan.io/dydx/validators/dydxvaloper1he9yn4jhuq50vtf95ncv9rvplnqug8w9yw8dwc Staking dYdX has delivered 25 million USDCs to its stakers, which is quite unusual for DeFi protocol tokens. Most protocols issue their own tokens with various types of incentives aimed at ultimately creating value for the project but do not deliver stablecoins. These native tokens are often issued to users who have the most capital and activity. This type of st...

Really interesting debate among prominent figures in the Crypto space on a topic that seems extremely relevant to understanding the fundamentals of Layer 1s https://polynya.mirror.xyz/gm6bUvvDF-sQAt7HuU6kRKCLIT9tAuaSCxHeNFdDVHk Let's start with one of the main questions that arise about the demand for deccentralized blockspace. “I find it very convincing that long-term, (decentralized) blockspace demand is highly elastic (and very unlikely to be inelastic). Are there any good economic ar...

Really interesting debate among prominent figures in the Crypto space on a topic that seems extremely relevant to understanding the fundamentals of Layer 1s https://polynya.mirror.xyz/gm6bUvvDF-sQAt7HuU6kRKCLIT9tAuaSCxHeNFdDVHk Let's start with one of the main questions that arise about the demand for deccentralized blockspace. “I find it very convincing that long-term, (decentralized) blockspace demand is highly elastic (and very unlikely to be inelastic). Are there any good economic ar...

Models surrounding the Attention Economy or the Creator Economy continue to evolve, and with Moxie, they take an additional step toward becoming mainstream. One of the main value propositions being explored is to create a market for tokens associated with profiles. The most successful token profile markets to date has been Friend.tech, which showed impressive initial growth but was unable to sustain it, eventually declining to a marginal level of activity. It was unable even to establish a pl...

Models surrounding the Attention Economy or the Creator Economy continue to evolve, and with Moxie, they take an additional step toward becoming mainstream. One of the main value propositions being explored is to create a market for tokens associated with profiles. The most successful token profile markets to date has been Friend.tech, which showed impressive initial growth but was unable to sustain it, eventually declining to a marginal level of activity. It was unable even to establish a pl...

My username on social media is 'speculation' and it is part of a small crusade I've had for a long time to try to bring value to this much-maligned term. Another project I founded in Spain a long time ago was Crypto Plaza, using another much-maligned term, 'Crypto'. Engaging in these crusades has a strong negative social impact, and I'm not really sure if it makes much sense. Maybe I should change my name since, in the end, the impact I can humbly make may not ou...

My username on social media is 'speculation' and it is part of a small crusade I've had for a long time to try to bring value to this much-maligned term. Another project I founded in Spain a long time ago was Crypto Plaza, using another much-maligned term, 'Crypto'. Engaging in these crusades has a strong negative social impact, and I'm not really sure if it makes much sense. Maybe I should change my name since, in the end, the impact I can humbly make may not ou...