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Jesus DragonStake / Crypto PlazaThe Governance Trap: Why MKR Is Uninvestable
Explanations from Rune about the economics https://forum.sky.money/t/the-economics-of-star-creation/25975 MakerDAO has long been considered one of the pillars of decentralized finance (DeFi), boasting a robust stablecoin ecosystem and a sophisticated governance model. However, despite its technical and economic achievements, MKR—the governance and value accrual token of the protocol—has been consistently underperforming.MKR PriceThe reason? Governance. Decisions made within MakerDAO have syst...
Jesus DragonStake / Crypto PlazaSpark and MakerDAO
While performing the exercise of valuing MKR tokens ahead of the SKY launch, one of the key questions to ask is what value the token captures from the launch of all these projects. What impact should we consider on the MKR token for having financed and created these startups? Spark is currently ranked 12th in DeFi, with a TVL of 2.5 billion. We can consider it as a Lending project that primarily has a protocol that provides capital to lend to third parties. This means that its business is ess...
Jesus DragonStake / Crypto PlazaSky Valuation
What is the role of investors in Crypto? Before starting a valuation of the SKY token, I think it’s necessary to reflect on the role investors play in the Crypto ecosystem. The reality of the financial markets is that the ownership of the world’s leading companies is highly concentrated. The value creation in these companies is often distributed very unequally. Typically, the great fortunes we see in the world are often associated with the founders of large companies who have capitalized on m...
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Jesus DragonStake / Crypto PlazaThe Governance Trap: Why MKR Is Uninvestable
Explanations from Rune about the economics https://forum.sky.money/t/the-economics-of-star-creation/25975 MakerDAO has long been considered one of the pillars of decentralized finance (DeFi), boasting a robust stablecoin ecosystem and a sophisticated governance model. However, despite its technical and economic achievements, MKR—the governance and value accrual token of the protocol—has been consistently underperforming.MKR PriceThe reason? Governance. Decisions made within MakerDAO have syst...
Jesus DragonStake / Crypto PlazaSpark and MakerDAO
While performing the exercise of valuing MKR tokens ahead of the SKY launch, one of the key questions to ask is what value the token captures from the launch of all these projects. What impact should we consider on the MKR token for having financed and created these startups? Spark is currently ranked 12th in DeFi, with a TVL of 2.5 billion. We can consider it as a Lending project that primarily has a protocol that provides capital to lend to third parties. This means that its business is ess...
Jesus DragonStake / Crypto PlazaSky Valuation
What is the role of investors in Crypto? Before starting a valuation of the SKY token, I think it’s necessary to reflect on the role investors play in the Crypto ecosystem. The reality of the financial markets is that the ownership of the world’s leading companies is highly concentrated. The value creation in these companies is often distributed very unequally. Typically, the great fortunes we see in the world are often associated with the founders of large companies who have capitalized on m...
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The recent release of Uniswap V4, combined with the development of Unichain — its dedicated blockchain — has led to a significant shift in the Ethereum ecosystem: transaction fees have dropped to historic lows.
Uniswap was previously one of the core applications sustaining Ethereum's transactional demand. Its high on-chain activity consistently dominated the top gas-consuming contracts. However, with this latest upgrade, Uniswap has significantly minimized its gas usage.
Interestingly, while Uniswap’s smart contract is not yet properly tagged across all analytics platforms, we can already see it dropping to the fourth position in gas consumption — a sharp contrast from before, when it often occupied most of the top spots.
This is the list of the top gas-consuming contracts on Ethereum over the past month. Uniswap V4 is in fourth place, even though it hasn't been properly identified yet.
This is the list of the top gas-consuming contracts on Ethereum over the past month. Uniswap V4 is in fourth place, even though it hasn't been properly identified yet.
At the moment, Ethereum's transactional demand is at a minimum, and that role is expected to be taken over by blobs. However, this transition won’t be straightforward, especially since Plectra is set to increase data availability — a change that won’t necessarily lead to higher gas prices. In any case, by selling more block space, some increase in revenue is possible, although without a rise in gas fees, it’s unlikely to be significant
The recent release of Uniswap V4, combined with the development of Unichain — its dedicated blockchain — has led to a significant shift in the Ethereum ecosystem: transaction fees have dropped to historic lows.
Uniswap was previously one of the core applications sustaining Ethereum's transactional demand. Its high on-chain activity consistently dominated the top gas-consuming contracts. However, with this latest upgrade, Uniswap has significantly minimized its gas usage.
Interestingly, while Uniswap’s smart contract is not yet properly tagged across all analytics platforms, we can already see it dropping to the fourth position in gas consumption — a sharp contrast from before, when it often occupied most of the top spots.
This is the list of the top gas-consuming contracts on Ethereum over the past month. Uniswap V4 is in fourth place, even though it hasn't been properly identified yet.
This is the list of the top gas-consuming contracts on Ethereum over the past month. Uniswap V4 is in fourth place, even though it hasn't been properly identified yet.
At the moment, Ethereum's transactional demand is at a minimum, and that role is expected to be taken over by blobs. However, this transition won’t be straightforward, especially since Plectra is set to increase data availability — a change that won’t necessarily lead to higher gas prices. In any case, by selling more block space, some increase in revenue is possible, although without a rise in gas fees, it’s unlikely to be significant
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