Ethereum Gas Costs

download 2 2

Opyn to Unveil Squared ETH Token as DeFi Derivatives Race Heats Up

Here comes SQUEETH.  Decentralized options protocol Opyn is readying to launch its Squared ETH or SQUEETH token, which is designed to hedge ETH-based liquidity provider (LP) positions on automated market maker (AMM) exchanges. In a Dec. 17 blog post, Opyn developer Joe Clark described SQUEETH as a “new DeFi primitive” that allows stablecoin/ETH liquidity providers …

Opyn to Unveil Squared ETH Token as DeFi Derivatives Race Heats Up Read More »

sadfrogs

Sad Frog NFT Holders Furie-ous After OpenSea Delisting

A copyright battle is being waged in the NFT space.  On August 16, Sad Frogs District, a collection of 7,000 Ethereum-based non-fungible tokens (NFTs), was delisted from OpenSea, the largest NFT marketplace. According to the OpenSea team, the action was taken in response to a Digital Millennium Copyright Act (DMCA) takedown request by Matt Furie, …

Sad Frog NFT Holders Furie-ous After OpenSea Delisting Read More »

unknown 1 4

Something Fishy is Happening on OpenSea as Bots Upset NFT Auctions

The NFT marketplace OpenSea has been on a tear — at 14.61%, its primary smart contract has consumed more gas than any other on Ethereum in the last 24 hours, according to block explorer Etherscan. But there’s something strange going on in OpenSea’s waters. Ethereum wallets appear to be canceling orders at a surprising rate on …

Something Fishy is Happening on OpenSea as Bots Upset NFT Auctions Read More »

unknown 4

ETH Burns and a Price Surge After EIP-1559 Executes

The Ethereum market is on fire, at least proverbially speaking. Over the first eight hours since EIP-1559 was implemented, thus changing the transaction fee mechanism of Ethereum, 2,458 ETH, or $6.9M at ETH’s current price of around $2.8K, had been burned.  The proposal, which went into effect with the London hard fork at 8:34 am …

ETH Burns and a Price Surge After EIP-1559 Executes Read More »

ethgas

The Math Behind a Deflationary ETH After EIP-1559

There’s a bullish case for ETH, and it’s being defined by terms such as ultrasound money, triple-halving, and deflationary asset.  Ethereum’s London hard fork is set to execute on August 5 and the included EIP-1559 upgrade has been hailed by many as a game changer for the world’s second largest cryptocurrency. Because the upgrade sets …

The Math Behind a Deflationary ETH After EIP-1559 Read More »

users1559

What Will Change for Users and Developers After EIP-1559

Ethereum’s London hard fork upgrade, one of the biggest changes to the world’s most active blockchain, is slated to go into effect tomorrow August 5. With anticipation building about its effect on ETH and gas prices, here’s what users should expect. First and foremost, if you have ever been confused by Ethereum gas fees in …

What Will Change for Users and Developers After EIP-1559 Read More »

goldeth

Here’s How EIP-1559 Changes the Economics of Ethereum

Defiers may be a disparate, opinionated bunch but there is one thing we can all agree on — Ethereum gas prices are a real drag.  Just look at what’s happened over the past few months. Gas prices have ping-ponged all over the place, turning off users from doing all the cool things Ethereum was designed …

Here’s How EIP-1559 Changes the Economics of Ethereum Read More »

ethcharteip

Ethereum Price Rallies in Lead Up to EIP-1559

The price of Ethereum’s Ether has been rallying in the lead-up to the EIP-1559 upgrade. ETH crossed $2,500 for the first time since June 16 over the weekend — that’s a 47% increase from $1.7K on June 22, the lowest since hitting an all-time high above $4.3K on May 12. Analysts and traders speculate Ethereum’s …

Ethereum Price Rallies in Lead Up to EIP-1559 Read More »

twamm

Paradigm Team Outline Efficient AMM Design for Large Trades

Paradigm research partners Dave White, Dan Robinson and Uniswap founder Hayden Adams have cooked up another trading protocol. The decentralized exchange, called TWAMM, which stands for time-weighted average market maker, aims to help traders execute large orders, quickly, at low gas prices and without negatively affecting price. In traditional finance, traders will often employ brokers …

Paradigm Team Outline Efficient AMM Design for Large Trades Read More »