Web3: ApeCoin arrives; Friends With Benefits DAO; Aave V3 on FTM and AVAX; The Merge is close; Goldman OTC crypto derivatives; Securitised real estate
Gm Fintech Futurists —
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We partner with the ConsenSys Cryptoeconomics team to share DeFi analysis, fundamental protocol research, token engineering, and DAO design.
⭐ Osmosis: A Fully Customizable, Cross-Chain AMM Built on Cosmos
Osmosis is an automated market maker (AMM) built on Cosmos that enables cross-chain transactions through Inter-Blockchain Communication (IBC). This gives the protocol an added layer of interoperability and composability. Unlike most existing AMMs, Osmosis is deeply customizable and allows developers to leverage many different changeable parameters to build truly unique AMMs that can dynamically fit a variety of outcome goals. Ultimately, Osmosis enables developers to design and deploy custom AMMs that can quickly adjust to changing market conditions and allow market participants to decide which iterations provide the most optimal results, rather than relying on the protocol itself.
This week’s governance report covers the latest governance proposals on Compound, Aave and Uniswap. Diving into the outcomes of proposals and the key takeaways to be aware of. As a sneak peak, Compound have lowered the proposal threshold, Aave is updating risk parameters, and much more!
NFT, Metaverse, and Gaming
⭐ ApeCoin Is For The Web3 Economy - ApeCoin Protocol, March 17
Bored Apes Creator Yuga Labs Teases New Project Called 'Otherside' - The Block, March 18
Solana-Based NFT Marketplace Magic Eden Raises $27 Million - The Block, March 14
HSBC Buys Virtual Real Estate in Sandbox Metaverse - Blockworks, March 16
Enjin Launches Polkadot Parachain for NFTs and Gaming - CoinDesk, March 15
DAOs and Token Engineering
⭐ Friends With Benefits DAO Uses Web3 Tools To Build Community - PSFK, March 19
Australian Senator Proposes DAO Regulation - Cryptopolitan, March 21
Legal DAOs: Why are the Marshall Islands Betting on a Decentralised Future? - Coin Telegraph, March 15
Proposal Aims to Shake up MakerDAO’s Tokenomics and Light a Fire Under MKR - The Defiant, March 16
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DeFi and Stablecoins
⭐ Aave Launches Souped Up V3 on Fantom and Avalanche - The Defiant, March 17
Aave – like Anchor below – is focusing on interoperability. The increased adoption of alternative layer 1 and 2 ecosystems make this an integral development in what we believe will be a multi-chain world.
Ousted Wonderland Co-founder Unveils New Venture and Defends His Record - The Defiant, March 16
What Is a Rebase/Elastic Token? - CoinDesk, March 15
Luna Foundation Guard Votes to Raise Additional $372 Million Collateral - The Block, March 15
⭐ Kiln Testnet Running Smoothly as Clock Ticks Down to Ethereum ‘Merge’ - BeInCrypto, March 14
As seen above, The Merge is the initial stage where Ethereum moves to Proof-of-Stake (PoS), however The Surge is where the benefits of PoS will be realised. Here Ethereum will introduce sharding which will see vast improvements to scaling and the reduction of gas fees.
The Graph Network: Subgraph Migration Is In Full Swing - The Graph Foundation, March 8
Samsung, Qualcom Back FreedomFi, Helium’s 5G Crypto Network Partner - Decrypt, March 15
Stellar Development Foundation Launches $30M Investment Fund - Coin Desk, March 15
Internet Computer Founder‘s $250M Plan To Help End The War In Ukraine - Coin Telegraph, March 17
Crypto, Fintech and Institutional
⭐ Goldman Sachs to Offer Over-the-Counter Crypto Options Trading - Bloomberg, March 21
FTX Partners with African Payments Company AZA Finance to Boost Web3 Adoption - The Block, March 16
European Parliament Votes Against PoW Ban, Providing Huge Relief To The Crypto Industry - Coin Telegraph, March 14
Enterprise Chains and CBDCs
⭐ Real Estate Leads Securitized Blockchain Assets in 2022 — Report - Coin Telegraph, March 15
Look to the Star: Navigating the Urbit - Messari, March 14
TravelX Raises $10M to Launch Multi-chain Distribution Protocol - CoinDesk, March 15
Solana Payroll Protocol Zebec Raises $28M in Token Sales - CoinDesk, March 15
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