If you missed Part 1, on Bancor’s history, check it out here. Enter Bancor V3 On November 28th, 2021, Bancor officially announced the next iteration of their protocol, Bancor v3,…
Bancor: The History of DeFi’s Founding Fathers
Introduction Bancor is among the most overlooked and misunderstood DeFi native projects, and its complexities can leave even the savviest DeFi natives scratching their heads. With that said, it’s maintained…
LayerZero: Omnichain Interoperability
Let’s be honest, bridging sucks. More than twice in the past week I have accidentally bridged a stablecoin onto a blockchain where it isn’t tradable, or stranded funds on a…
Olympus Treasuries: Zero-Coupon Bonds for Flexible Staking
If you missed our original piece on Olympus DAO, or the piece comparing OHM Fork revenues and dilution, definitely check them out to set the stage. Olympus came up with…
The Cost of Centralization: Stablecoin risk, yield, and structure
Over the opening month of 2022 there has been a LOT of drama in Crypto. The lead Treasurer of Wonderland.Money, 0xSifu, was revealed to be QuadrigaCX’s co-founder Michael Patryn. On…
Metamorphosis: Transforming Bribes into BTRFLYs
You ever watched Survivor? I have to admit, I’m a bit of a fan myself. Always loved the deception, the politics, and, above all else, the strategy. Amid all the…
A Call to Farms: Dopex, Jones Dao, and the Future of DeFi Options
It’s 2021. COVID has just hit, and I was sitting bored out of my mind at home, fresh off a stimulus check, trying to reconcile the juxtaposition of the insane…
Do you believe in $MAGIC?
While building the most technologically advanced, futuristic protocols imaginable is sexy, fundamentals are just as important. Olympus DAO exploded this year offering insane APYs with a singular goal: to become…
The Battle for Liquidity: Analyzing Olympus, Wonderland, and Redacted
If you haven’t already read our intro to Olympus DAO, and are unfamiliar, check it out here. Over the last half-year Olympus DAO and its forks have gone full circle,…
Consequences of Small Price Bias in Crypoasset Markets and their Implications for Token Issuers
Introduction: Asset prices matter To a rational value investor, the prices immediately before and immediately after a 3:1 stock split are immaterial. The fact that the stock now trades at…