Liquid Restaking Takes Over gm Bankless Nation, EigenLayer only just hit mainnet, but the restaking giant is poised to reshape DeFi. Today's Issue ⬇️ - ☀️ Need to Know: Do Kwon to USA?
The never-ending court saga continues. - 📊 Today in Markets: Marginfi Blow-Up
Chaos hits major Solana lending protocol. - 🧪 Analysis: LRTs Take Over
Is Lido's future at risk? - 🔒 Premium Pod: Rollup Trilemma
Can rollup stakeholders play nice? - 📚 Learn: What We're Reading
Our favorite reads of the week.
p.s. Thanks to Cartesi. Try to hack Cartesi's Honeypot dApp! Compete in the bug-bounty initiative and refine the underlying code of Cartesi Rollups.
Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies. . . . NEED TO KNOW Do Kwon USA-Bound? - 🇺🇸 Do Kwon’s uncertain future. The never-ending Montenegrin saga of Do Kwon stretches on. The court has approved extradition, but the Judge left to decide may push to send him stateside.
- 🏀 NBA Top Shot startup avoided SEC ire. The SEC investigated Dapper for securities violations but closed the case without filing charges, Fortune reports.
- ⛓️ Chainlink debuts bridging app. Chainlink has launched Transporter, a bridging app for passing messages and tokens between blockchains that leverages Chainlink’s CCIP.
. . . TODAY IN MARKETS Marginfi's TVL Blow-Up 📊 MRGN Mayhem. Chaos rocked Solana’s second-largest lending protocol yesterday, leaving in its wake a slew of perturbed users and a high-profile resignation. Should you be rushing to withdraw your funds? Prices as of 4pm ET | 24hr | 7d | | Crypto $2.61T | ↗ 0.2% | ↗ 3.2% | | BTC $70,415 | ↗ 0.9% | ↗ 3.8% | | ETH $3,515 | ↗ 0.1% | ↗ 6.1% | . . . ANALYSIS Liquid Restaking Protocols Take Over There’s a noticeable shift happening with how people are staking their ETH. More and more are choosing restaking protocols over the usual liquid staking options. In fact, Lido is seeing more ETH leaving than any other protocol. On the flip side, restaking platforms like Ether.fi and Renzo are getting the most new inflows. So why is everyone rushing to restake their ETH? And what does this mean for Lido’s future? We're going to explore these questions and more today👇 Mass adoption of token-governed technologies. With Mantle Network – an Ethereum rollup, Mantle Treasury, and a token holder governed roadmap for products and initiatives. . . . PREMIUM POD The Rollup Trilemma Today, we're digging into The Rollup Trilemma, the tense cooperation and competition among Rollup Frameworks, Shared Sequencers and Rollup-as-a-Service Providers. Today on the show, we’re joined by Myles O'Neil from Reverie and Andrew Huang, who runs Conduit. We debunk the trilemma, unpack the business models for these infrastructure providers, and give some special attention to Conduit.
Get the full rundown 👇 . . . . . . GO BANKLESS Don't Miss Another Airdrop! Thousands of Bankless Citizens scored an average of $3,500 worth of tokens after Ether.fi's airdrop. Did you miss out again? Ether.fi was in the Bankless Airdrop Hunter, and you could have gotten into the latest drop by following our quests! There are nearly 80 other crypto protocols in Airdrop Hunter waiting for you. |
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