🟪 Stop Chasing Degens

If recent history is any gauge, most teams still opt for the "sugar high" of short-term degen adoption over pursuit of more sustainable users.

Stop Chasing Degens

If recent history is any gauge, most teams still opt for the "sugar high" of short-term degen adoption over pursuit of more sustainable users. Read More

Top Stories

  1. Funding Wrap: Investors place more EigenLayer bets — Read

  2. Is the SEC weighing a lawsuit against Consensys? — Read

  3. What was behind the run on Renzo’s liquid restaked ETH? — Read

  4. Stocks bounce, cryptocurrencies trade sideways despite disappointing inflation data — Read

  5. A bitcoin mining giant is ahead of schedule on its post-halving expansion — Read

Top Insights

  1. Crypto crime is too easy — Read

  2. Crypto’s best use case? Buying goats on Twitter — Read

  3. Memecoin mania can teach us something — Read

  4. Families like mine need safe, secure digital identities — Read

  5. The risks of restaking are extremely overrated — Read

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Research

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.