It is a section from 0xresearch newsletter. To read full versions, subscribe.
We are kicking the chart around the political markets on the invincible syrupsdCC development of Palimarkate, maple this week, and to overtake an ambitious Celestia proposal.
Polymarket political market
Recently, the polymercate has returned to the limelight amidst geopolitical conflicts.
In the last week, the chart below in the “Politics” category markets leaps from $ 3.9 million to $ 19.5 million to $ 19.5 million as represented by light blue bars.
Everyone’s eyes were focused on American military action against Iran before July? “Market, which Contract The alleged Iran was resolved yesterday after reports of US attacks on nuclear facilities. A total of $ 29.9 million was viewed in the trading volume in the market.
Just before the market moved to 99%+, near certainty, the “yes” shares in the market were trading at $ 0.59, which means that the markets were pricing about 59% of the US to take military action against Iran.
Celebration of Celestia
Celestia should abandon the proof-of-set consensus for “proof-of-governance” (POG), an ambitious new rule argues the argument of John Adler, co-founder of Celestia. Proposal,
If passed, the following material changes will be applied:
- Releasing TIA will be deducted by about 20x, or 95%.
- Representative stacking and liquid staking contracts will be phased. No more governance.
- All TIA issues will be rooted for verifications only as payment to run nodes.
- Verifications will be selected by off-chain governance, as Celestia lacks normal execution and is not favorable to support onchain token voting.
- Network fees will be burnt as a price for tia token holders. Celestia’s protocol fee amount $ 100- $ 300 Daily.
TL; DR: Reduce the continuous emissions of cellstia in a bid to close your decreasing price action (see chart).
This proposal challenges many general knowledge of the atherium “intelligence”, namely where a series is derived from “economic security” (not slashing), to think of “proof-off-writer”, and “blockchain profitability” as a series “not salasing” (not slashing). Expect to trigger atherium maxis.
Ceulatory growth
Maple yield-bearing stabelcoin syrupsdsi is now on a market cap of $ 780 million, making it the fastest growing Stabelcoin this year.
User collects USDC on platforms, which is then used to issue overchargered loans to institutional borrowers. The interest charged on those loans today is above an average aPY of about 10% (6.4% base yield +3.5% drip points), leading to a rapid increase in the syrup.
You can also marry to a hurdle 9.2% Instead, PT fixed yield on pendles.
About $ 587 million is used in DEFI, mainly 55% in sparks and 19% in pendles.
Get news in your inbox. Explore blockwork newsletters:
