Network Effect

Catch up with #Web3 in less than 2 minutes.

[Network Effect @_networkeffect]

→ @zksync Era mainnet alpha launch
→ @SquareEnix building a game on #Polygon
→ Flashbots introduces #MEV-Share
→ $BLUR airdrop success in metrics (h/t @pandajackson42 & @punk9059)

more → https://t.co/syUuzP5Fwz

[Network Effect @_networkeffect]

→ @blur_io releases native token $BLUR
→ @0xPolygon zkEVM mainnet beta set to launch March 27
→ @Siemens issues on-chain bond
→ $BUSD supply down $700M

more → https://t.co/17GVr3TUHj

[Network Effect @_networkeffect]

→ US regulatory crackdown on @PaxosGlobal & $BUSD
→ @FWBtweets releases DAO-owned social networking app
→ OFAC-compliant #Ethereum blocks down to 51% from 79%
→ #Bitcoin on-chain activity ticks up thanks to #Ordinals

more → https://t.co/HUaTblvTv9

[Network Effect @_networkeffect]

→ US regulatory crackdown on staking w/ @krakenfx
→ @binance deploys zk-SNARKs to its proof of reserves
→ @Uniswap vote passes for deploying on #BNBChain
→ @SushiSwap acquires @cosmos-based DEX
→ @LiquityProtocol integrates w/ @aztecnetwork

more → https://t.co/uukd5MtO4U

[Network Effect @_networkeffect]

@a16zcrypto Proving without sharing.

[Network Effect @_networkeffect]

→ @MakerDAO developing lending platform to increase $DAI utility
→ @AaveAave deploys $GHO stablecoin on testnet
→ @brian_armstrong hearing rumors that SEC doesn't like staking
→ Ordinals spark interest in #Bitcoin according to @BitMEXResearch

more → https://t.co/XG6Wr3Wy7w

[Network Effect @_networkeffect]

→ @balajis launches The Network State Podcast
→ @FluxDeFi launches lending protocol for tokenized US Treasuries
→ @etherscan revamped
→ @Chiliz launches L1 targeting sports & entertainment

» https://t.co/uCdYRFNRM2

[Network Effect @_networkeffect]

→ @LidoFinance outlines v2
→ millions in crypto donations for Turkey and Syria
→ @binance to suspend USD bank transfers
→ large #CryptoPunks & #BAYC sales

[Network Effect @_networkeffect]

shout out to everyone working on Liquity @KoltenB_, @JGBSci, @rick_liquity, @ashleighschap

[Network Effect @_networkeffect]

Interest-free loans against $ETH with a low collateral ratio?

Today we take a look at @LiquityProtocol, a borrowing platform on #Ethereum that powers the decentralized stablecoin $LUSD

👇

https://t.co/ibrGgk6LVt

[Network Effect @_networkeffect]

h/t to everyone who is working on this exciting primitive and the surrounding ecosystem @hal2001, @TokenArchitect, @Melissa_Aquinn, @YamFinance, #DegenerativeFinance

[Network Effect @_networkeffect]

The revolution will be tokenized. Anything that can be tokenized, will be.

@UMAprotocol aims to make this future a reality – a trustless market can be created for almost anything that includes numbers.

Today we take a look at $UMA

👇
https://t.co/OxkK3xoG8V

[Network Effect @_networkeffect]

All in all, these sound great! @AlchemixFi seems to have many of the building blocks that some of the more successful decentralized community projects also had in their early days, such as @iearnfinance, @SushiSwap, or @BadgerDAO.

[Network Effect @_networkeffect]

Have you ever heard of someone take out a loan that automatically pays itself?

Today, we take a look at @AlchemixFi, that lets you do just that.

It’s a new protocol built on Ethereum that allows you to tokenize yield.

👇

https://t.co/VyR5McD6Zr

[Network Effect @_networkeffect]

4. $ALCX stakers will now act as a backstop in case something really bad happens

Hacks, that particular Thursday from 2020 no one wants to remember, $DAI dropping to 40 cents?

$ALCX stakers will pick up the check. Ain't getting that sweet cash flow without bearing some burden!