Trendaavat aiheet
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
Chunk
keep it simple, stupid
ai and infra @offchainlabs
why would New York not re-elect this man?
15 tuntia sitten
I hear my opponents have travel plans…
479
Chunk kirjasi uudelleen
The rollup wars have entered their next chapter. My thoughts on @optimism vs @arbitrum:
I’ve been an Optimism bull for years, but the pendulum swung toward Arbitrum after writing this report and were further solidified as I reflected on a recent @theempirepod with @ajwarner90, @sgoldfed, and @JasonYanowitz.
Don't get me wrong, the battle is still underway and is ~50/50, but Arbitrum has crafted a strategy that aligns incentives better. This is starting to show.
I always dug Optimism’s RetroPGF vision, but does it yield long-term value generation and revenue growth?
Maybe, but not explicitly. You can reward builders of dev tooling, governance, and interop with grants, but is that more effective than what ArbitrumDAO is allocating tokens toward? I don’t think so.
• Arbitrum Gaming Ventures (AGV) will (hopefully) return multiples to the DAO.
• STEP purchases yield-generating RWAs that generate interest for the DAO.
• Timeboost has internalized MEV at the protocol-level, attracting projects like @robinhood while massively increasing the DAO’s revenue potential (we’re already seeing this).
ArbitrumDAO has full authority over the treasury. They are incentivized to approve funding toward proposals that create long-term value to be captured by the DAO itself.
Shots on goal for $ARB tokenholders.
Also, OP Mainnet momentum has died down in favor of the Optimism Superchain. Meanwhile, Arbitrum’s focus has split equally between Arbitrum One and Arbitrum Orbit.
The power of the canonical chain was on display with the Robinhood deal. It’s viable to launch on Arbitrum One before launching Robinhood Chain. It’s one of the most liquid and active chains.
Would it be viable to launch on OP Mainnet, then on the Optimism Superchain? Sure, but not as compelling.
I still love Optimism, and their ethos! They have done great things for the space and I'll be covering the Superchain in more depth next month.
That being said, my long-standing opinions have shifted. Arbitrum has renewed momentum. You're already seeing it with hype for @convergeonchain and @talos_is, not to mention @RobinhoodApp.
5,59K
Following in Arbitrum's footsteps
22.7. klo 05.54
100% of Jito Protocol Revenue Will Go To the DAO
Jito just unveiled their most important product to date, and while there is lots to unpack from the product standpoint - an important market catalyst was revealed:
"Jito Foundation and Jito Labs are collaborating on a JIP to direct *all fees* collected by Jito from BAM and the Jito Block Engine to the DAO Treasury."
Currently, the DAO and Jito Labs split a collective 6% take rate on tips 50/50 (3% each), but this upcoming proposal would change that, directing all value towards the DAO.
Using the current 30, 60, and 90 day moving averages, along with the median daily tip amount over the last year, the 6% take rate on Tips annualizes to the following:
30-D: $27,820,634
60-D: $25,876,009
90-D: $35,457,431
Median 1-Y: $39,912,695
In addition, the median weekly JitoSOL staking reward fee annualizes to an additional $9.3m for the DAO. Add in interceptor, a lesser known product, and the DAO is looking at approximately $45m-$50m in annual revenue for the DAO.
Directing 100% of take rates on fees are set to bolster Jito's strongest existing revenue stream.
On BAM:
We will share some deeper thoughts within an upcoming research report, but our high level takeaway is that Jito's success has always come from obsessing over improving the user experience on Solana, and this is continued progress in that direction.
They made a controversial decision in the past to deprecate their mempool, only to see that decision lead to a surge of activity on the network.
And while moving away from an incumbent solution with a dominant market share is bold, we believe the continued desire to improve overall network functionality will, in hindsight, once again prove obvious for driving increased user activity.
With BAM Jito is offering protocols an opportunity to enable more efficient, transparent, and decentralized block-building via plug-ins.
We believe this will boost revenue and unlock a new wave of value creation for all stakeholders.
In Summary, we several postiive tailwinds for Jito right now
- Staked SOL ETFs
- SubDAO on Token-Economics funded
- 100% of Revenue going to the DAO (full alignment)
- and now the Block Assembly Marketplace (BAM)
We are excited to share more of our thoughts on all these topics in our upcoming research report.
Be sure to follow and subscribe to our substack so you can get it first!
3,4K
Build an agent that won't miss the next ETH move using @Cod3xOrg on @GMX_IO
17.7. klo 02.24
Blood, sweat, and tears.
100s of user interviews.
Tons of amazing feedback.
The next generation of Cod3x is a re-engineering of our form, function, and purpose.
We are proud to preview the next version of Cod3x for the first time, and hope you like it.
3,83K
Johtavat
Rankkaus
Suosikit