所有正式发布的分析稿都会进入这里,包括鸵鸟区块链迁移存档,以及 HashSpring 后续持续发布的深度内容。
Author | Karim Helmy & the Coin Metrics Team Abstract: Bitcoin's decentralization can be quantified through metrics such as supply dispersion, hashpower distribution, and exchange consolidation. Key metrics such as active address count and network hash rate continue to rise. Bitcoin's supply is becoming more balanced, and mining and trading markets remain competitive. Introduction: Over the past eleven years, Bitcoin has operated relatively stably in the face of numerous threats, primarily because it lacks a single controlling entity.
Author | Cog and Lingge In 2020, driven by the DeFi wave, decentralized exchanges became all the rage. Starting in April, its market share grew rapidly and continuously eroded the market share of centralized exchanges. For example, Uniswap, the leader among decentralized exchanges, beat Coinbase in trading volume. "The exchange market is about to change," some players lamented. Faced with this shift, traditional exchanges will not sit idle. They have all rushed to launch their own decentralized exchange services. But revolutionizing oneself is not easy. A battle among exchanges has already begun.
UNI, the Uniswap protocol token, is now live! UNI contract address: 0x1f9840a85d5aF5bf1D1762F925BDADdC4201F984 60% of UNI is allocated to Uniswap community members, with one quarter (15% of total supply) already distributed to past participants. UNI has 4 mining pools (ETH/USDT, ETH/DAI, ETH/USDC, ETH/WBTC).
DeFi Protocol Total Locked Value Today's DeFi protocol total locked value is $10.4 billion. The top five DeFi protocols by locked assets are Maker ($1.4 billion), Aave ($1.4 billion), Curve ($1.1 billion), YFI ($973 million), and Swerve ($950 million). Among them, YFII is the DeFi protocol with the largest fluctuation in locked assets today, currently with locked value of over $30 million, up 40.62% from yesterday.
As the fire of DeFi burns brightly, the DeFi layout battle between major centralized exchanges has entered a white-hot stage. After launching DeFi tokens and launching DeFi mining products, proprietary public chains and DEX have become new battlegrounds. In September, Binance Smart Chain mainnet went live, and OKEx officially renamed its proprietary public chain to OKExChain, marking the beginning of the public chain competition between the two giants.
事件解读、长篇研究,以及同步迁移和翻译后的分析内容。
Summary: Many DeFi projects implement progressive decentralization—initially they operate in a centralized manner. Let's look at the registered addresses and locations of these entities. The teams behind many Decentralized Finance (DeFi) protocols follow a progressive decentralization model to achieve ultimate full decentralization. That is, while the protocol's ultimate goal is to completely detach from the centralized entities managing its operations, the protocol starts out centralized.
DAI, QIAN, iDOL—which can achieve greater stability? Wrote an article on stablecoins in early June comparing the stablecoin models of three projects: Maker, Kava, and Acala. For details, click "Ethereum, Polkadot, Cosmos: Three Major Ecosystem Stablecoins Exposed!" To this day, Maker's DAI remains the leader in decentralized stablecoins, Kava's USDX has not yet launched on exchanges, and Acala's aUSD is still waiting for Polkadot mainnet.
As part of the EU's digital finance package of regulations, a crypto asset proposal led by EU politicians is about to be submitted to the European Commission. The proposal argues that stablecoins have the "potential to be widely accepted and systemic," which may pose risks to orderly monetary policy, and therefore proposes stricter scrutiny of stablecoins and eliminating interest-bearing on stablecoins. According to the proposal, in addition to examining stablecoin issuers, regulation of stablecoins will be expanded to cover fiat-pegged qualifications, the value of asset-referenced tokens, and the ratios of cross-border transfers.
(Image from Cointelegraph) At 10 AM Beijing time today, DeFi liquidity mining project SushiSwap officially announced the completion of a $14 million SUSHI token buyback. Etherscan data shows that a total of 5,573,602 SUSHI tokens were repurchased, accounting for 4.9% of the total circulation (111 million). However, this buyback, which had high expectations from the community and investors, failed to drive up the coin price in the secondary market.
After Polkadot climbed into the top five crypto asset market cap rankings, it has received much broader attention. Its relay chain + parachain architecture design gives it cross-chain interoperability capabilities, expanding its imagination space. More than 120 projects have built ecosystems on Polkadot. Although mainnet has not officially launched yet, Polkadot has already whetted the market's appetite. The "Blockchain 3.0" baton has been passed to Polkadot. Polkadot's ambitious vision inevitably invites external comparisons with EOS and Ethereum.
Based on current trends in the crypto space, market crises have increased investor demand for accelerated automation. Facing the advantages brought by automation such as improved trading efficiency and reduced transaction costs, Distributed Ledger Technology (DLT) is undoubtedly launching a revolution in capital markets. However, the most important thing in this revolution is to eliminate hype and hot air about false information in the crypto space, and promote blockchain in value-added ways.
This year will go down in history because in it, crypto activity became headline news globally. From the decline in digital asset prices to volatility in the crypto industry. Another major breakthrough was the DeFi sector's market cap surging to a record $9 billion, followed by steady growth. In the digital asset field, things are always experiencing rapid changes, because significant activities by high-net-worth individuals and investors affect asset performance. A typical example is investors flocking to the booming DeFi sector, whose projects have gathered tremendous momentum, making them a news focus.
According to a recent report, the rapid growth of decentralized finance and yield farming may attract more regulatory attention. A research paper jointly published by global management consulting firm BCG Platinion and Crypto.com points out that the rapid growth of DeFi in 2020 has created potential for money laundering activities, which will draw the attention of regulators.
(Blooming Pear Tree, Van Gogh) Pickle Launched PickleJars (pJars for short) yesterday. This is the pVault mentioned in Blue Fox Notes' previous article "Pickle Pickles and Mining Micro-Innovation". Its code has not been audited yet, and most of it is copied from YFI's yVault, with similar contract logic.
Following the crypto market adjustment in early September, DeFi protocols have attracted value back to their liquidity pools, currently transferring nearly 100,000 BTC to the Ethereum blockchain. According to Dune Analytics data, even as Bitcoin and Ethereum prices declined from September 1st, the amount of BTC transferred to the Ethereum blockchain has increased by nearly 45% so far this month, rising from 63,400 on September 1st to 92,700 on September 13th.
Blockchain Secondary Market Report for Week 37, 2020 September 7, 2020 - September 15, 2020 Key Content of This Report: This Week's Market Trend: Volume contraction rebound rising, market sentiment turns neutral Exchange Trading Volume: Daily average trading volume on nine major exchanges decreased by 22.19% Digital Asset Turnover Rate: Cumulative turnover rate of top ten digital assets increased by 547.99% Exchange Wallet Balance: BTC balance increased by 0.38%, USDT balance increased by 37.99% USDT Premium Rate: Narrow range oscillation with slight rebound
On-chain scaling is not a "new" problem. As early as 2017, the problems of Ethereum and Bitcoin congestion and inability to meet user demand had already become apparent. Since then, development teams have successively proposed corresponding solutions, but the subsequent bear market reduced people's trading enthusiasm, and these solutions faded from investors' sight. Until May this year, with the explosion of liquidity mining and Uniswap, people rediscovered that: Gas prices skyrocketed to 500 Gwei, with over 140,000 unconfirmed transactions.
How fast is DeFi developing? Too many people are afraid of being left behind and are rushing forward rapidly - exchanges, project teams, users... BKEX is a typical representative among exchanges. So far, BKEX has listed over 80 quality DeFi tokens. Without a doubt, BKEX is at the forefront of the industry. How can it make accurate choices in the ever-changing market? BKEX partner Bohan provided the answer on Ostrich Blockchain's 69th episode of "Crypto Intelligence Bureau".
"Times create heroes", in the blockchain world, DeFi is such a "hero" born of the times. From struggling to flourishing, but no hero's success comes without setbacks. DeFi is currently experiencing a downturn in its journey. In this DeFi wave, centralized exchanges (CEX) are also responding to user market demands, getting caught up in this decentralized finance revolution.
DeFi has swept the digital asset industry like a storm, and while attracting a large number of investors, it has also sparked many doubts and discussions. Is DeFi a large-scale multiplayer online FOMO gambling game? An improved version of ICO? Will Ethereum remain the number one DeFi network for the next three years? Gate.io partner Jiuer provided detailed professional interpretations on Ostrich Blockchain's 69th episode of "Crypto Intelligence Bureau", deeply analyzing the underlying reasons for DeFi's popularity and offering unique insights into the future of centralized and decentralized exchanges.
In a recent article, Vitalik Buterin provided an interesting analysis of trust. While I believe his article is a good starting point for discussion, I am skeptical of his definition of trust and his views on the future of trust. What is Trust? According to Vitalik's introduction, we should understand trust as follows (we will call Vitalik's view of trust vTrust). vTrust holds that: trust is the use of any assumptions about others' behavior.
On September 15th, Ostrich Blockchain's 69th episode of "Crypto Intelligence Bureau" aired as scheduled. ZB (Zhongbi) CEO Ouoma dropped many golden quotes during the live broadcast, "Liquidity mining is like a ticking time bomb that will go off one day", "DeFi is currently a large-scale multiplayer online FOMO gambling game"... The following is Ostrich Blockchain's compilation of the full transcript of ZB (Zhongbi) CEO Ouoma's live broadcast sharing: Although the DeFi craze currently has a wide scope, senior blockchain industry DeFi practitioners are actually relatively calm, while novice retail investors are more impulsive.
Most current DeFi applications look no different from traditional financial products. Users can exchange one token for another, borrow and lend on money markets, and even conduct margin trading or leverage trading on exchanges. But the potential of DeFi goes far beyond this. Blockchain is an open global platform, and its core value lies in programmability. One day we will see unique products born in the DeFi field that have never existed in the traditional world.
Overview This article will explore from the perspective of stablecoins the inevitability of regulatory challenges facing DeFi and the significance of industry self-discipline. Report DeFi's Achilles' Heel - Stablecoins The existence of stablecoins provides a bridge connecting the digital currency world to the traditional world. So far, the development of the digital currency industry is inseparable from the development of stablecoins.
According to Livemint reports, India plans to enact legislation prohibiting cryptocurrency trading. Informed sources reveal that the bill will soon be discussed in the cabinet and submitted to parliament upon passage. Meanwhile, the Indian government is strongly supporting the development of blockchain technology, the core of cryptocurrency. As early as 2018, the Reserve Bank of India banned cryptocurrency trading, leading multiple crypto exchanges to jointly sue the RBI. In March of this year, India's Supreme Court ruled in favor of the exchanges. In the following two months, India's cryptocurrency trading volume surged 450%.
The Conference of State Bank Supervisors (CSBS) will announce new regulatory rules for the money services industry on Tuesday local time. The new rules stipulate that a unified regulatory organization will assess qualifications for money services practitioners, rather than each state conducting separate assessments. The simplified system applies to 78 large payment and cryptocurrency companies, with combined annual transaction volumes exceeding 1 trillion dollars. CSBS stated that the purpose of the new rules is to facilitate companies' operations across different states.
DeFi Protocol Total Locked Value Today's DeFi protocol total locked value is $10.7 billion. The top five DeFi protocols by locked assets are Aave ($1.4 billion), Maker ($1.4 billion), Uniswap ($1.1 billion), Curve ($1 billion), and YFI ($946 million). Among them, the DeFi protocol with the largest fluctuations in locked assets today is imBTC, ranked 28th, currently with locked value exceeding $15.8 million, a 51.87% increase from yesterday.
DeFi users are like lobsters in boiling water. As prices fall, their capital is on the brink of liquidation, yet most people are not aware of this. If prices continue to move adversely in the coming weeks, we may witness a liquidation cascade in DeFi. This will be a harsh first lesson in DeFi risk for new users. To date, DeFi users have not fully realized the risks and leverage used on the capital they have locked. They are no longer simple amateurs. Instead, they need to manage their accounts like managing margin exposure positions.
DeFi's success is evident, but recently consecutive project collapses have led to a temporary downturn in DeFi. Some industry insiders speculate this may be a manipulation by centralized exchanges (CEX) to attack decentralized exchanges (DEX). Although the original intention of CEX listing DeFi project tokens was to follow user trends and minimize user outflow from exchanges, as DEX continues to mature, whether these centralized exchanges currently holding the lifeline of the crypto industry will face threats in the future remains uncertain.
Witnessing the boom of DeFi, investors may marvel at the miracle of YFI and the strength of YFII, or perhaps find themselves bewildered and frustrated by the poor scams of YFIII. In fact, with the heating up of DeFi, in addition to an increasing influx of investors into the industry, scammers have also muddied the waters. They exploit various hot topics in DeFi, deceive the public, and commit fraud. As ordinary investors, facing various obvious and hidden scams emerging endlessly, perhaps learning the survival rules of the crypto circle, seeing through various scams, and preventing being harvested are the most important things.