Introduction In our previous paper on oracles, we dove into the intricacies that make up these networks, both old and new. Among the oracles discussed was Chainlink, the decentralized oracle…
Sudoswap: NFT Concentrated Liquidity
State of NFT Liquidity NFTs are, by nature, non-fungible. This has caused issues around provision of deep liquidity and regular trading markets. Historically, this thin liquidity has been a driven…
De-Risking DeFi: Analyzing Systemic Risk in Decentralized Systems
There is no one-size-fits-all approach to avoiding financial catastrophes. Systemic risk can only be partially handled in an unpredictable society. Economic conditions, technology, and human behavior all vary over time,…
The Hitchhikers Guide to Yield
Where is the sustainable yield in DeFi? This question remained unanswered in the back of investor’s minds during the two year bull run, where it was sidelined in favor of…
UMA: Modern Incentive Structures
Introduction A blockchain oracle is a third party data-feed that serves as a bridge between blockchains and data that exists off-chain. In our last piece, we talked about what blockchain…
Joepegs: Bringing NFTs to Avalanche
Up until the release of subnets, Avalanche was a primarily DeFi focused ecosystem. Compared to two of its major peers- Solana and Ethereum, NFT protocols remain underutilized. Over the past…
Oracle Networks: A Deep Dive Into Data Bridging Solutions
Table of Contents What is an Oracle? The Oracle Problem Chainlink Chainlink Network Architecture Chainlink Scalability Chainlink Tokenomics Chainlink Staking API3 API3 Network Architecture API3 Tokenomics Band Protocol Band Network…
Trial of the Lunatics: The Story of Anchor, UST, and LUNA
As you may have noticed, things in the market have been volatile lately. Yesterday’s lunacy, pun fully intended, was driven by idiosyncratic factors, but there was also secular risk from…
The Zero Knowledge Frontier: On SNARKs, STARKs, and Future Applications
Jump to: Why ZK Proofs Matter ZK Protocols Current Applications Future Applications “I know one thing, and that is that I know nothing” – Socrates There has been a lot…
Sell Walls & Liquidity Ranges: Trading on Implied Volatility
Tokens traded solely on decentralized exchanges are particularly susceptible to volatility in price and volume, as they often have little liquidity spread across vast ranges. By looking at on-chain liquidity…