Latest

Research & Opinion
Malt Leaves Investors Hungover as Algo Stable Depegs on Day 2
Who doesn’t love a money printer? Algo Season 2.0 is here. Last Friday, Malt Protocol launched the latest entry in the algorithmic stablecoin market. This summer, investors have flocked to this corner of the DeFi space to ride out the selloff in the larger crypto universe. Polygon is currently the favored choice of yield farmers…

DeFi
Single Vault Wowskey ($CRV, $BAL, $SUSHI, $VISR)
Have you noticed the last few months just how rapidly the AMM and DEX space has been evolving? There has been an explosion of new products and innovations which are helping to move these products into a new era of capital efficiency. Uniswap’s v3 launch was the most eye-catching with the provision of concentrated liquidity…

Podcast
"Having Legal Tender in a Currency You Cannot Control Means You Cannot Print Problems Away:" Mariano Conti
In this week’s episode I speak with Mariano Conti, the former head of smart contracts at MakerDAO. Mariano knows the value of having permissionless and uncensorable currencies first hand —he started earning in Bitcoin in 2014 in Argentina because pesos would instantly lose value and it was hard to get dollars. When he learned about Ethereum…

Education
Algorithmic Stablecoins Breakdown: Attempting to Fulfill Satoshi's Dream
When Satoshi first published the Bitcoin whitepaper to the world, he titled it “Bitcoin: A Peer-to-Peer Cash System” and although Bitcoin would evolve to adopt the digital gold narrative instead, the dream of creating a fully functional digital cash system has remained. Stablecoins, defined as a subset of cryptocurrencies that are pegged to a specific…

DeFi
The Davos Crowd Dives Into DeFi with Policy-Maker ‘Toolkit’
The World Economic Forum, a bastion of the global establishment and ultra-exclusive club for heads of state, billionaires, and policymakers, is embracing DeFi. Well, sort of. In another sign that decentralized finance has spurred serious study in influential think tanks, the Geneva-based WEF issued a “Policy-Maker Toolkit.” The 38-page white paper explores DeFi’s benefits and…

DeFi
Curve Finance Releases Protocol’s First Heterogeneous-Asset Pool
Curve Finance, long distinguished by its homogenous-asset pools, has taken a walk on the wild side. The automated market maker (AMM) rocked DeFi yesterday by releasing a pool containing USDT, WBTC, and ETH on Ethereum and another including USDC and DAI as well on Polygon. This was a first for Curve, which had up until…

DeFi
Latin American Bitcoin Backers Scramble to Follow El Salvador’s Lead
Lots of laser eyes….but little actual legislation, at least for now. El Salvador’s adoption of Bitcoin as legal tender this week has captured the imagination of lawmakers across Latin America. That’s no surprise considering the region, long plagued by underdevelopment and volatile politics, has struggled to enfranchise its citizens in the global financial system, with…

DeFi
Stablecoins Prove Their Worth During Crypto’s Slide
If a long bear market is truly beginning in cryptocurrencies, then be thankful for stablecoins. With the Defi Pulse Index (DPI) down 40% on the month and the overall crypto market losing a third of its market value, the stablecoin supply has continued to march upward. Stablecoin supply grew 21% in the last 30 days…

Education
Not All DEXs are Created Equal: Here's the Math
Upshot: Uniswap and PancakeSwap have become household names in decentralized exchanges but a new crop of platforms are coming online with the promise of lower fees and more pricing transparency. With gas prices making headlines throughout the first half of 2021, it’s worth taking a deeper dive into what your options are when trading across…

DeFi
El Salvador Adopts Bitcoin But a Stablecoin May Have Worked Better
Ever since El Salvador’s president Nayib Bukele activated his laser eyes and made Bitcoin the nation’s legal tender this week, crypto communities have been gushing about this latest milestone. But in his bid to provide his citizens with more financial freedom, did Bukele pick the wrong token? Stablecoins — cryptocurrencies that peg their value to…





