The hottest Crypto Substack posts right now

And their main takeaways
Category
Top Crypto Topics

Protocol Updates (part 1)

DeFi Education • 459 implied HN points • 29 Mar 22
🔮 Crypto DeFi Protocols Lending Blockchain Investing
  1. Aave is a platform where you can borrow and lend money safely. It lets users earn interest on their funds.
  2. This post provides updates on various DeFi protocols like Alchemix, Dopex, and Yearn that have been researched before.
  3. It is part of a series that aims to keep subscribers informed about the latest changes in DeFi projects.

1Inch - Valuation and Risks (Part 2)

DeFi Education • 659 implied HN points • 05 Sep 21
🔮 Crypto Decentralized Finance Valuation Risks Governance
  1. 1Inch's valuation is tied to its governance rewards, which come from fees on swaps and price impacts. This means their income depends on how much the platform is used.
  2. There are risks associated with the 1Inch protocol that investors need to consider. Understanding these risks can help in making better investment decisions.
  3. Improvement ideas for 1Inch could enhance its performance and income generation. It's important to think about ways to attract more users to the platform.

WNXM Case Study: Breakdown of an Asymmetric Trade

DeFi Education • 559 implied HN points • 22 Nov 21
🔮 Crypto DeFi Investing Blockchain Risk management Tokenomics
  1. In the DeFi market, emotion and attention drive prices, creating unique opportunities for investments. It's important to explore less popular projects that address real problems, like decentralized insurance.
  2. Nexus Mutual offers insurance coverage for smart contract risks through a unique structure that includes legal status for token holders. This makes it a safer investment compared to many other crypto-assets.
  3. A profitable trading strategy involves buying WNXM tokens when they're undervalued, wrapping them, and redeeming them for ETH when the capital pool is healthy. Quick actions can lead to low-risk, high-return investments.

Maker DAO (Part 2 of 2): Valuation, Risks and More

DeFi Education • 619 implied HN points • 18 Sep 21
🔮 Crypto DeFi Valuation Risks Strategies Investment
  1. MakerDAO has a unique way of valuing its assets and managing risks, which is important for users to understand. It's key to know how much your investments are worth and what could go wrong.
  2. Users need to be aware of issues like impermanent loss, which can affect their returns. It’s a risk that can happen when investing in DeFi projects.
  3. Having strategies to reduce rug pulls is essential in the DeFi space. This can help you feel safer when investing and potentially prevent losses.
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Perpetual Protocol (Part 1 of 2)

DeFi Education • 559 implied HN points • 06 Nov 21
🔮 Crypto Blockchain Trading Derivatives Decentralization Finance
  1. Perpetual Protocol is a decentralized exchange where users can trade derivatives. This means you can buy and sell contracts that represent an underlying asset's value without owning the asset itself.
  2. Users can leverage their trades by up to 10 times. This allows traders to potentially make more money, but it also increases the risk of losing more.
  3. The protocol uses a specific token called PERP. This token is important for conducting trades and participating in the platform's governance.

Tokemak Farming Alert for ALCX and Larger OHM Holders

DeFi Education • 559 implied HN points • 20 Oct 21
🔮 Crypto Cryptocurrency Blockchain Decentralized Finance Investing Market Analysis
  1. You can earn a very high return by staking ALCX on Tokemak, around 600% APR in TOKE rewards. Just be mindful of gas fees if you decide to unstake.
  2. If you want to use OHM in the reactor, you must unstake it first, which means you will lose any rebases you've earned.
  3. This information is specifically for paid subscribers, so it’s aimed at those who are more invested in the project.

Perpetual Protocol (Part 2)

DeFi Education • 539 implied HN points • 10 Nov 21
🔮 Crypto DeFi Valuation Trading Analysis Protocols
  1. Perpetual Protocol makes money from trading fees, earning 0.1% on every trade. In 2021, it generated $31 million in fees.
  2. Valuation methods like Price to Earnings help understand the protocol's financial health. It's a useful way to analyze how well the platform performs.
  3. The post also discusses other decentralized exchanges (DDEX) such as dYdX, GMX, and MCDEX as alternatives to Perpetual Protocol. This comparison can help users choose the best option for trading.

Bitcoin adoption using Ecash

DarthCoin’s Bitcoin Guides • 39 implied HN points • 09 Feb 24
🔮 Crypto
  1. Ecash Cashu mints offer privacy and instant transactions for custodial Bitcoin applications.
  2. Using ecash is a way to introduce new users to Bitcoin without needing extensive knowledge of UTXOs and nodes.
  3. Local communities can benefit from using ecash for transactions, allowing for easy and fee-free exchange between members.

Alchemix Overview - Part 2 of 2

DeFi Education • 559 implied HN points • 15 Oct 21
🔮 Crypto Blockchain Decentralized Finance Tokens Market Analysis Valuation
  1. Alchemix uses a Price to Earnings analysis to determine its value based on how much money it makes. This helps understand how profitable the protocol is.
  2. The protocol earns a 10% performance fee as an affiliate, meaning it gains a portion of the earnings from Yearn Finance's activities.
  3. There is a comparison table included that shows how Alchemix stacks up against other tokens in terms of various financial metrics.

First SEC-Registered Crypto Platform To Offer Ether Services

Daily Digest • 39 implied HN points • 08 Feb 24
🔮 Crypto Platforms Tokens Market Expansion
  1. Prometheum is the first SEC-registered crypto platform offering Ether - a big step for integrating crypto with traditional finance.
  2. ERC-404 token emerged with unique hybrid properties, hitting a $170M market cap - showing a new trend in token creation.
  3. Ethereum's Dencun upgrade is in final testing, potentially enhancing efficiency and lowering transaction costs - a significant advancement for the platform.

Cryptocurrency: To See and Be Seen

False Positive • 39 implied HN points • 05 Feb 24
🔮 Crypto Regulation
  1. Cryptocurrency, like the Akha ethnic group, is navigating the tension between staying independent and seeking recognition and validation from the state.
  2. Both the market's desire to be seen and the state's willingness to see influence the integration of cryptocurrency into existing legal structures.
  3. Markets, like cryptocurrency, can employ strategies to be more or less legible to the state, with different stages of legibility impacting regulatory standards and market development.

[73] Azurbala Reawakens

Life in Color • 78 implied HN points • 12 Jun 23
🔮 Crypto NFTs Pivoting
  1. The team behind Azurbala embraced community feedback and successfully pivoted
  2. Azurbala focused on building a unique, streamlined world with a 'Jungle Punk' vibe
  3. Community engagement and resilience are crucial for Web3 projects to survive and thrive

A deep dive on Bitcoin's flaws and how to fix them

Senatus’s Newsletter • 78 implied HN points • 21 Jul 23
🔮 Crypto Security Decentralization Affordability Speed Scalability
  1. A perfect cryptocurrency needs to have uncensorability, certainty of supply, and transferability as a store of value.
  2. Bitcoin faces challenges with decreasing security spend and centralization of hashrate, impacting its resilience to attacks.
  3. Issues in Bitcoin such as affordability, speed, and scalability make it less efficient as a medium of exchange, while alternative cryptocurrencies offer better solutions.

How DeFi Will Disrupt The Legal Profession

DeFi Education • 399 implied HN points • 04 Mar 22
🔮 Crypto DeFi Legal Finance Blockchain Technology
  1. DeFi, or decentralized finance, offers a way for people to handle banking and financial tasks without needing traditional institutions. You can manage your money all by yourself with just a few clicks.
  2. This could change the legal profession by making financial and legal processes more accessible to everyone. It means people might not need lawyers for certain tasks anymore.
  3. With DeFi, many services that typically require a middleman might be automated, saving time and money for users. This could lead to less demand for some legal services.

FRAX: The Fractional Algorithmic Stablecoin (Pt. 1)

DeFi Education • 459 implied HN points • 14 Dec 21
🔮 Crypto Cryptocurrencies Blockchain DeFi Stablecoins
  1. FRAX is a new type of stablecoin that uses a unique algorithm to maintain its value. It aims to be more flexible than traditional stablecoins.
  2. The concept of fractional algorithmic stablecoins like FRAX shows how cryptocurrency can innovate to stay stable in value.
  3. Understanding stablecoins like FRAX can help people make better decisions in the world of cryptocurrency and decentralized finance.

Onchain Namespaces: An Emerging Crypto Business Model

Unsyndicated by Mason Nystrom • 39 implied HN points • 25 Jan 24
🔮 Crypto Business Model Blockchain Social Networks Cryptocurrency Decentralized Finance
  1. Unique digital identifiers like domain extensions are valuable in the crypto world.
  2. Blockchain-based namespaces offer new business opportunities for crypto consumer applications.
  3. Companies can choose between leveraging existing namespace platforms like ENS or creating their own namespace protocols.

Why the Bitcoin Security Model Is Broken

Dan Hughes • 4 HN points • 26 Jul 24
🔮 Crypto Bitcoin Blockchain Mining Security Economics
  1. Bitcoin's security model relies on rising prices and transaction fees, which may not be sustainable long-term. If prices stop rising, it could lead to less funding for network security.
  2. The network can only handle a limited number of transactions due to the current block size limit, which affects how much miners earn from fees.
  3. To keep Bitcoin secure, the block size may need to be increased gradually. This way, more transactions can be processed, helping to fund the security budget effectively.

Review 2023 - Mining Economics

nicosmid • 39 implied HN points • 09 Jan 24
🔮 Crypto Bitcoin Mining Economics Blockchain
  1. Bitcoin's price in 2023 saw a 171.5% increase from the beginning of the year.
  2. The network difficulty increased significantly throughout the year by 103.6%.
  3. Hashprice stayed above $80/PH/Day due to a surge in transaction fees and Bitcoin's price increase in the last two months of 2023.

Nexus Mutual (Part 2) - Valuation

DeFi Education • 459 implied HN points • 01 Oct 21
🔮 Crypto DeFi Valuation Investment Insurance
  1. Nexus Mutual is getting attention as more big investors start to enter the market. They might want insurance, which could help Nexus grow.
  2. Many regular investors might not see the need for insurance, but larger funds handling over $200 million will likely feel it's essential.
  3. The demand for insurance in the DeFi space is expected to rise, especially with institutional money looking for security in their investments.

Happily Ever After? Exploring the Fei-Rari merger

DeFi Education • 379 implied HN points • 23 Dec 21
🔮 Crypto DeFi Tokenomics Mergers Governance
  1. Rari Capital and Fei Protocol are merging, with TRIBE tokens from Fei being exchanged for RGT tokens from Rari at a specific ratio. This merger is important as it's the first of its kind in the DAO space.
  2. The merger aims to eliminate Rari's debt, which was a result of a prior hack, by having Fei use its funds to pay off the liabilities. This move helps Rari start fresh financially.
  3. There are concerns about the pricing method used for the merger, as many feel that RGT holders received a bad deal. This raises questions about how to value tokens fairly in future mergers.

Tiers of Transaction Finality for Rollups

Cryptocurrency and Friends • 58 implied HN points • 21 Feb 23
🔮 Crypto Blockchain Rollups Transactions Execution Cryptocurrency
  1. In rollup transactions, finality occurs in three stages: Sequencer's Promise, Order Finality, and Execution Settlement.
  2. The Sequencer promises correct transaction execution, the bridge determines final transaction order, and Executors verify and enforce execution.
  3. Separating transaction ordering from execution allows for quick order finality and potential delays in execution settlement in rollup transactions.

"Products" & "Protocols" are NOT the same

@MacBrennan’s Investor Updates • 58 implied HN points • 08 Aug 23
🔮 Crypto Products Protocols DeFi Infrastructure Market
  1. Products are applications that define user experiences and focus on capturing markets.
  2. Protocols are infrastructure enabling specific product experiences and compete on resources and architecture.
  3. Successful products retain and grow through effective distribution, while successful protocols aggregate resources and serve multiple products.

Deconstructing Rollups

Cryptocurrency and Friends • 58 implied HN points • 15 Mar 23
🔮 Crypto Rollups Security Assets Developers
  1. Development community is focused on defining a rollup through the lens of a validating bridge.
  2. Care must be taken with rollup projects to avoid constraining their capabilities, like Optimism's experience with OVM V1.0.
  3. Rollups should prioritize building rules enforced by a community first, and then focus on a validating bridge.

Pendle Finance: Decentralized Yield Trading (Part 2)

DeFi Education • 299 implied HN points • 26 Jan 22
🔮 Crypto Decentralized Finance Investors Security risks Market Analysis
  1. Pendle Finance focuses on decentralized yield trading, allowing investors to trade and maximize their yield. It's a new way for people to earn money on their crypto assets.
  2. There are various investors and top holders involved with Pendle, indicating interest and confidence in the platform. Knowing who the investors are can help understand the project's potential.
  3. The post mentions potential risks and security concerns associated with Pendle Finance. It's important to be aware of these factors when considering investment in any decentralized finance project.

Exclusive details: inside the FTX data room

Jon’s Newsletter • 139 implied HN points • 13 Nov 22
🔮 Crypto Blockchain Investments Regulations Market Analysis Bankruptcy
  1. FTX faced a major financial crisis just before filing for bankruptcy, with a huge gap between its liabilities and liquid assets. This raised red flags for potential investors.
  2. Sam Bankman-Fried was in a rush to raise $6-10 billion and had to quickly set up a data room to attract investors, but the information provided only raised more questions.
  3. As communication with investors broke down, Sam became increasingly difficult to reach, indicating a deteriorating situation leading up to the bankruptcy filing.

Phoenix Puts UAE On Bitcoin Mining Map

Miner Weekly • 39 implied HN points • 23 Nov 23
🔮 Crypto Bitcoin Mining IPO Hardware Infrastructure Regulation
  1. Phoenix, a UAE-based bitcoin mining company, raised $370 million in an IPO on the Abu Dhabi Stock Exchange, highlighting growing interest in bitcoin mining in the region.
  2. Phoenix appears to focus more on hardware distribution rather than proprietary mining, indicating potential plans for diversification in the future.
  3. Key highlights of Phoenix's business include a sizeable team, impressive hashrate capacity, and a revenue stream primarily reliant on hardware sales.

Cool Cats: Claim the Gift of Axie Here

The Lunacian • 46 implied HN points • 12 Feb 24
🔮 Crypto NFTs Community Onboarding
  1. 200 Axies are available for claiming by Cool Cats NFT holders for free on the secure onboarding platform.
  2. The Claim Axie NFTs offer will only be open for the next 2 weeks, so it's a time-limited opportunity.
  3. This initiative aims to welcome Cool Cats into the Axie world and learn more about their community through NFT claims.

Bitcoin or Bit Con?

Diane Francis • 379 implied HN points • 25 Feb 21
🔮 Crypto Cryptocurrency Bitcoin Investment Regulation Market Trends
  1. Bitcoin is not a traditional currency; it's more like a digital file stored with complex passwords. If you forget your password, you could lose access to your Bitcoin forever.
  2. The Bitcoin market is very volatile and can swing wildly based on social media posts, especially from influential people like Elon Musk. This makes it risky for anyone looking for stable investments.
  3. Bitcoin mining uses a huge amount of energy, harming the environment. Plus, there isn't much regulation around it, so people can easily get scammed or misled.

📚Crypto Untangled

Untangled with Charley Johnson • 19 implied HN points • 11 Feb 24
🔮 Crypto Technology Blockchain Decentralization Smart Contracts Cryptocurrency
  1. Crypto industry needs to work on earning public trust and creating real value in the world
  2. To move forward, the crypto industry should focus on understanding how blockchains interact with social systems
  3. The e-book 'Crypto Untangled' aims to help people understand what's happening in the crypto world and encourage industry participants to address blindspots

Adopción de Bitcoin usando Ecash

DarthCoin’s Bitcoin Guides • 19 implied HN points • 09 Feb 24
🔮 Crypto Bitcoin Blockchain Lightning Network Cryptocurrency Digital Payments
  1. Using Ecash with Cashu Mints is a way to help more people adopt and use Bitcoin, especially for those who may find it challenging to start directly with UTXO.
  2. Ecash is like digital gift cards that offer additional privacy and cryptographic proof of reserves, helping users make anonymous and instant electronic cash transactions.
  3. Cashu Mints allow users to exchange tokens privately without fees within the same mint, providing a convenient option for local communities to transact with each other.