Foreground Research

Foreground is an independent research firm focused on identifying value in distributed ledgers with a fundamental, long-term bias (α)

[Lewis Harland @_LewisHarland_]

1/ @NexusMutual is evolving and you're not paying attention.

A short 🧵👇

[Peter Todd @peterktodd]

I was contacted by some lawyers looking for expert witnesses re: this earlier in the year.

Sounds like they want to argue that Ripple's architecture is centralized at the tech level. We discussed how the consensus actually works and who makes decisions.

https://t.co/5Z3x68KeB5

[Aleks Larsen @alekslarsen]

1/ I wrote a post on the business models behind stablecoins: https://t.co/dTUbxuBQaQ

Summary below

[Foreground Research @ForegroundBlock]

@BitcoinBabeAU @ING_news Just go to a crypto-friendly bank @sygnumofficial

[glassnode @glassnode]

ETH supply on centralized exchanges 📉

vs.

ETH supply in smart contracts 📈

#Ethereum

Chart: https://t.co/cdBqDZcvX9

[Leo @Leozayaat]

Fashion trends come and go. PoW is a timeless foundation of our new digital civilization.

In this article, we explore some deep questions about the hashpower market dynamics. Sure you've heard of "hashrate follows price", but how does it REALLY work?

https://t.co/7wHH9YvHrk

[Aragon.eth 🦅 @AragonProject]

We are extremely excited to announce a solution that superpowers off-chain voting with on-chain execution ⚡🔗

It builds on Snapshot, which provides off-chain voting, and Aragon Court, which provides optimistic on-chain execution 🗳️

https://t.co/ZTDuSRe33x

[Delphi Digital @Delphi_Digital]

0/ Yesterday, our team sent a follow-up note on our @NexusMutual report from July to clients.

Today, we're excited to share this publicly to help people better understand the future of Nexus.

Full Disclosure: Delphi Ventures holds $NXM.
https://t.co/bqf7U5eLjh

[Foreground Research @ForegroundBlock]

With +$6b in DeFi TVL, just ~1% ($60m) is insured.

$NXM is a convex play: if DeFi’s TVL keeps growing, the insured amount will grow exponentially at similar pace (usually NXM traded at 4-5x PB), while in case of a bug/cascade claim user will realize the utility of insurance

[Jason Kam @MapleLeafCap]

0 - As popularly requested, this will be a thread about $NXM. The token design of $NXM is one of the most elegant I have seen yet. Enough good work had been done by @krugman25, @Darrenlautf, @BatmanDeFi on bonding curves and core mechanics so I won’t repeat here.

[Foreground Research @ForegroundBlock]

@mrjasonchoi Has anyone built a trustable timeline of $CRV distribution over time?

[Foreground Research @ForegroundBlock]

@finhstamsterdam @GinoWirthensohn might be of your interest

[Foreground Research @ForegroundBlock]

Long those building the tools for decentralized governance structures to emerge; @AragonProject

[Foreground Research @ForegroundBlock]

Cryptocurrencies start to resemble traditional currencies in the sense that there’s a political system implicit to each of them - how it is governed.

[Foreground Research @ForegroundBlock]

In traditional markets, macro traders look at the government and politics behind G5 currencies before positioning.

When you have different cryptocurrencies with distinct governance structures, essentially you’re betting on how stable their government structures are.

[Compass Mining @compass_mining]

WE'RE BAAAAAACK!

Today @Leorzhang joins us to discuss his recent research piece, THE ALCHEMY OF HASHPOWER.

Full Episode: https://t.co/k0sjHrIuH0

Special thanks to our show's sponsors!
@hodlwithLedn & @braiins_systems

[Foreground Research @ForegroundBlock]

@bithydra @FTX_Official @SBF_Alameda @ProjectSerum @rsalame7926 how can we get one of this? Really really stocked! 😃

[Foreground Research @ForegroundBlock]

@allilulllc @cburniske @monicazng

[juthica @juthica]

buy the hashrate-weighted basket not the cap-weighted basket

[Leo @Leozayaat]

Excited to share Part I. of "The Alchemy of Hashpower"

Information in the mining industry is opaque and highly fragmented. Despite its massive growth, investors still find entry into the space challenging.

https://t.co/EKovOROoeW

[Mason Nystrom @masonnystrom]

The Aragon DAO ecosystem is rising.

Aragon DAOs average over 144 monthly active organizations this year, many of which are currently incredibly well-capitalized.🧵