The Disrupt Weekend

“Later this year, when Ethereum transitions to staking, $26 billion of Ether will immediately be convertible into yield-bearing instruments.

ETH staking is like a bond offering for a new type of digital nation. Staked ETH is like a crypto T-bill.

If bitcoin is digital gold and ETH is digital oil, staked ETH is a digital bond.

[Further], unlike a conventional bond, it has no counterparty risk – there is only protocol risk. Staked ETH gives you yield at the protocol level and not via a counterparty. Staked ETH is therefore an intrinsic yield instrument.

For the first time ever you can compound your ETH holdings organically without assuming any counterparty risk.”

Recommended read.

“Q2 saw an explosion of new entrants along with major protocol upgrades. While DeFi’s favorite liquidity protocol – Uniswap – launched V2 in May, we also saw new additions to the field including Balancer, Ren, Gnosis, and Loopring. As such, we’re beginning to see an increasingly diverse ecosystem for DeFi protocols as they begin to compete for a slice of the market share.

On average, DeFi assets in Q2 increased by 199%, substantially outperforming both ETH and BTC which increased by 70% and 43%, respectively.

The combination of a decrease in earnings along with a surge in asset prices has generally led to an increase in PE ratios for DeFi tokens across the board.

The DEX sector in Q2 experienced new records in terms of volumes. Uniswap dominated the market as the untokenized liquidity protocol was just shy from reaching $1B in Q2 volume. The next two players, Curve and dYdX, also saw substantial volumes.”

See Also: The Life of a Protocol Politician

How to Maximize DeFi Lending Interest with Yield Bouncers

See Also: Overview of DeFi Yield Farming (Video)

“Polymarket is an information markets platform, where speculators bet on the world’s most highly-debated topics—producing actionable insight on the matters most important to society, and helping people plan better plan for their future.

Built on Ethereum and using USDC as the underlying currency, in this article we’ll walk you through how you can start using Polymarket to profit from accurately predicting DeFi trends.

Polymarket makes some interesting tradeoffs. It uses Ethereum’s financial infrastructure but keeps its oracle—the thing settling bets—centralized. For Polymarket it’s more about building a UX good enough to for mainstream than about maximal decentralization.”

See Also: How to Trade BTC Perpetual on dYdX
See Also: Polymarket

“Polkadot uses bridge parachains that can connect to external blockchains. Ethereum could connect to the Polkadot ecosystem via a bridge parachain so that DApp developers could interact with any other Polkadot parachain. Interoperable platforms like Polkadot could be key enablers of Ethereum’s future development.

We knew that bridging with the Ethereum ecosystem to help extend capabilities on either side would be one of the key points of the network.

It will be intriguing to see how the two platforms play together once the full Ethereum 2.0 implementation is completed. If all goes well, each platform can complement the strengths of the other to create a connected blockchain network greater than the sum of its parts.”

AA on the Coming Blockchain ‘Infrastructure Inversion’