Not financial advice. A Multi-chain, Multi-layer Future Over the past few years, there has been a steady increase in the adoption of blockchain technologies. Take for example the most widely adopted blockchain — Ethereum: Google search volumes for the keyword “Ethereum” peaked in May 2021, coinciding with a record high 1.65million daily transactions on…

Not financial advice. Preface India enters 2022 with a large, rapidly growing economy that the Indian government projects will grow by 9.2% to reach $3.1 trillion this year. According to the IMF (which estimates growth at a more conservative 8.5%), …

Not financial advice. Introduction Wintermute (https://www.wintermute.com/) is a crypto market maker based in London. They are a proprietary trading firm and do not manage crypto or fiat funds on behalf of investors or customers. In lieu of a 689% increase in CEX volume, and 858% increase in DEX volume from 2020…

Not financial advice. Written by @ianw888 @TTx0x @dermotmcg Introduction Zeta Markets is a best-in-class under-collateralized DeFi derivatives platform that specializes in options and futures contracts. In order to frame the market opportunity that Zeta and other on-chain derivatives platforms have in front of them, it is important to understand: Options and…

TLDR: Synthetic assets protocols are essentially structured as a call of duty style free-for-all; the game (debt pool) starts, everyone chooses their loadout (debt denominated in some asset), and winners (+PnL) are rewarded based on their debt’s performance relative to the rest of the pool. The reason you choose to compete…

Not financial advice. Introduction When Axie Infinity first took the spotlight earlier this year, the cryptoverse was surprised by the rapid growth it achieved. It had fundamentally shifted the perception of games and nfts. …

Background As Vitalik noted as early as 2013 in the Ethereum whitepaper; “another — arguably more important — part of the Bitcoin experiment is the underlying blockchain technology as a tool of distributed consensus”, with Ethereum providing the framework and turing-complete programming language to create smart contracts. Examples of applications that…

Background Yield farming is perhaps the main activity that kicked off the entire Decentralized Finance (DeFi) narrative. Yield farming is the practice of staking or lending crypto assets on a protocol in order to generate high returns or rewards in the form of additional cryptocurrency. Capital is allocated by users to…

Introduction In this note we will outline the salient trends and user habits, as well as increased regulation, within the China gaming industry. As one of the largest gaming markets in the world, China user habits may provide insights to developers targeting other countries in Asia. We think this data like…