Hey Everyone!
Let's go...
Newly covered today:
- Here’s an excellent thread from Sooraj that explains in very easy-to-understand terms why Cardano’s eUTxO model is superior to ETH’s account balance model. Even Ben Goertzel had to comment on this thread. https://twitter.com/Soorajksaju2/status/1512886236066762762 https://twitter.com/bengoertzel/status/1513177850286813185
- You might as well follow that up with his earlier threads on a) why UniSwap v.3 hasn’t solved impermanent loss but the answer may lie in Cardano’s eUTxO architecture; and b) why AMMs are inferior to order book DEXs. https://twitter.com/Soorajksaju2/status/1512110589459546120 https://twitter.com/Soorajksaju2/status/1511819727475294211
- The Agora Governance Module from MLabs, Liqwid, and ADAO is now open source. https://twitter.com/liqwidfinance/status/1512414100273471497
- Wingriders hints at Ledger compatibility in their DEX. https://twitter.com/wingriderscom/status/1513242395101515778
Previously Covered but still interesting:
- Here’s a testnet transaction to open a hydra head! https://twitter.com/_KtorZ_/status/1503683515421974530
- We’re starting to see some things out of the Crypto Bisons algorithmic in-game music concept. https://twitter.com/CryptoBisons/status/1503698342320254979
- Liqwid is announcing some good results with their qToken Plutarch script. https://twitter.com/liqwidfinance/status/1503742933614346248
- There is a mystery project called Plutobay that is coming to Cardano soon and is partnered with MuesliSwap. https://twitter.com/MuesliSwapTeam/status/1503766642010038275
- IOHK conservatively estimates that there are 500 projects building on Cardano. That is a small army of projects!! https://twitter.com/InputOutputHK/status/1503701168001802240
- Pavia gives us a little update on their broader “Pavia Compatible Asset” strategy. https://twitter.com/Pavia_io/status/1504092703193194503
- The Fed raised the Federal Funds Rate by 25 basis points. While this may seem very small to combat the rampant inflation, this may be the beginning of something that could be very impactful to Cardano if the fed raises rates at every meeting for the rest of the year. https://www.nytimes.com/live/2022/03/16/business/fed-meeting-interest-rates https://www.investopedia.com/terms/f/federalfundsrate.asp
- NFTs are coming to instagram in the near term. https://www.coindesk.com/business/2022/03/15/mark-zuckerberg-says-nfts-are-coming-soon-to-instagram/
- There is now ADA support in Trezor suite. https://twitter.com/Trezor/status/1504117266899775494
- Liquid has partnered with Coti & Djed. https://twitter.com/liqwidfinance/status/1504465413534478341
- Here’s more of the trend that our online future will be more 3D and less 2D. Indigo has a Catalyst Proposal to build a learning center in the Cardano metaverse. https://twitter.com/Indigo_protocol/status/1504570021741318144
- Sen. Warren is once again up to her old tricks. She has introduced a bill with overly broad language that might end up targeting anyone (even someone who releases open source software) who might have done anything that enabled a transaction by an address that is related to a sanctioned individual. https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/
- We now have a link for the Cardano Fraud Detection Bureau if you see something suspicious. https://twitter.com/InputOutputHK/status/1504475158098026509
- It looks like MinSwap has overtaken SundaeSwap in terms of TVL. https://defillama.com/chain/Cardano
- The Artifct NFT market is now live. https://twitter.com/ArtifctApp/status/1504891600605954049
- MuesliSwap gave us a peek at their V2 interface which will include partial matching. https://twitter.com/MuesliSwapTeam/status/1505545800558026758
- ADA Realm has announced the signing of a contract with Actum Games to develop their metaverse. https://twitter.com/AdaRealm/status/1505493627258212358
- The March Mid-Month Update is out! https://www.youtube.com/watch?v=0RsTi6TJAvc
- The relative capacities of Cardano and Ethereum to handle the ever-increasing complexity demanded of Gen 3 blockchains appear to be diverging with an Ethereum Core Developer dropping a long thread concluding that “If the protocol [Ethereum] doesn't get slimmer, it's not going to make it.” Meanwhile, Haskell developers are happy to explain how the compositionality of Cardano’s chosen programming language is perfect to accommodate complexity. https://twitter.com/peter_szilagyi/status/1504887154761244673 https://twitter.com/gotMeAHaskell/status/1505313180427427841
- Liqwid has announced that their Public Testnet will go live in April. https://twitter.com/liqwidfinance/status/1505895725221220355
- Goldman Sachs just became the first major U.S. bank to do an over-the-counter crypto deal. On the other side of the transaction was Galaxy Digital. The transaction involved a Bitcoin related non-deliverable option. https://www.cnbc.com/2022/03/21/bitcoin-options-goldman-sachs-announces-otc-crypto-trade-with-galaxy-digital.html?__source=sharebar|twitter&par=sharebar
- CCVault wallet has changed its name to Eternl Wallet and has partnered with Artifct! https://twitter.com/eternlwallet/status/1505985000675680265
- Liquid has released a thread where the number of yields they are describing has dramatically increased from numbers we have seen in the past. https://twitter.com/liqwidfinance/status/1506304639049912325
- Cardano is the largest holding in Grayscale’s Smart Contract Platform Ex-Ethereum Fund beating Solana, Avalanche, Algorand, Pokadot, Polygon & Stellar. Hmmm, probably a smart call, Grayscale. https://www.globenewswire.com/news-release/2022/03/22/2407606/0/en/Grayscale-Investments-Launches-Smart-Contract-Platform-Fund.html https://twitter.com/Grayscale/status/1506288504803934226
- Apparently, the Djed testnet is incoming. https://twitter.com/DjedStablecoin/status/1506273051670896647
- There’s a new article explaining pipelining from IOHK. Pipelining will arrive in June. https://iohk.io/en/blog/posts/2022/03/21/increasing-the-transaction-throughput-of-cardano/
- There is a mystery of some 23 new fully saturated pools with 1.5 billion ADA. The domain hosting the metadata seems to imply Coinbase. https://twitter.com/pool_pm/status/1506068332927197190
- MinSwap appears to have remedied their issues with a new smart contract after a period of being down for 50 hours due to a critical vulnerability. As a great example of community spirit, SundaeSwap congratulated them and encouraged everyone to be understanding. https://mobile.twitter.com/MinswapDEX/status/1507130301830606850 https://twitter.com/SundaeSwap/status/1507006139287805964
- Looks like there was another giant exploit on a network that is a competitor to Cardano. This time it was Solana and reports are of $50MM lost. https://twitter.com/samczsun/status/1506578902331768832
- Cornucopias is now dropping posts about lands. This must mean we are inching closer to that date. https://twitter.com/RobGreig3/status/1507065754029600768
- Cardano Assets now has frequently updated performance updates on Cardano Tokens. https://twitter.com/cardanoassets/status/1506923728646590469
- Here’s a talk with Senators Lummis & Gillibrand (co-sponsors of a bipartisan crypto bill) on crypto regulation. There is an interesting discussion at 39:45 regarding the energy benefits of proof-of-stake and a reference to how benefits could be created to incentivize a move to PoS. https://twitter.com/POLITICOLive/status/1507101733796913167
- Here’s an awesome new dashboard for everything Cardano. https://coindodo.io/cardano/
- It’s looking like voice chat will be a thing in Pavia. I love this news. https://twitter.com/Pavia_io/status/1507404360661323789
- MuesliSwap Dex Aggregation: Instant Swap. https://docs.muesliswap.com/cardano/quick-swap-beta
- MuesliSwap has also released details on their new Muesli Yield Token which will be earned from staking LP tokens. The Muesli Yield Tokens can then be staked to earn call options on the MuesliSwap Milk token at 1ADA. https://docs.muesliswap.com/cardano/muesli-yield-token
- According to the recent Charles AMA, the Djed deployment will likely be in H2 to take advantage of the Vasil HFC upgrades. https://youtu.be/baBpzk6EwFE?t=1485
- ErgoDex (a cross-chain DEX on both Cardano & Ergo) will hit the Cardano testnet on April 4th! https://twitter.com/ErgoDex/status/1507779151331307539
- Here’s a very interesting discussion of stakepool parameters with Dr. Michael Liesenfelt. https://youtu.be/eAs_L68RO-c
- Research suggests that ⅔ of all NFT collections are now trading below mint price or not trading at all. Included in the research were 8,400 ETH NFT collections. https://www.bloomberg.com/news/articles/2022-03-26/nft-collection-failures-begin-to-mount-in-flashback-to-ico-bust
- Liquid has released details on the utility of the Liqwid Aquafarmer NFTS. Apparently they’ll boost staking rewards in the Agora safety pool with bigger boosts depending on rarity. https://liqwid-finance.medium.com/liqwid-aquafarmers-nfts-mint-utility-and-protocol-owned-liquidity-30b1fae77283
- Milkomeda (an Ethereum Virtual Machine sidechain of Cardano) is live! We can now commence doing Solidity stuff better than Ethereum. https://twitter.com/Milkomeda_com/status/1508478019035357189
- Here’s the keynote address from Charles at the Dubai Binance Blockchain Week event. https://twitter.com/IOHK_Charles/status/1508553538816733186
- Someone has raised the possibility of a bug in Nami wallet with regard to ADA Handles which might result in assets being sent to the wrong ADA Handle. https://github.com/Berry-Pool/nami-wallet/issues/487
- Axie Infinity’s Ronin Network was hacked for $625MM in what some are calling the biggest DeFihack ever. https://twitter.com/TechCrunch/status/1508855668035534863 https://mobile.twitter.com/Ronin_Network/status/1508828719711879168
- Apparently there’s something big in the March Cardano 360 on Thursday. https://twitter.com/IOHK_Josh/status/1508898702030774277
- MuesliSwap has expanded its Milkomeda farms and they now include even AVAX & BNB assets. Apparently, they surpassed $25MM TVL in the first 24 hours. https://twitter.com/MuesliSwapTeam/status/1508801486301671426
- Here is the Pavia Stadium against an avatar for scale. https://twitter.com/Pavia_io/status/1508787947172151296
- DeFi Llama says it will count Milkomeda TVL as a separate chain instead of toward the Cardano TVL. This could change if Milkomeda has shared security with Cardano one day. https://twitter.com/DefiLlama/status/1508952065284128771
- Wave Financial is launching a new ADA Yield Fund to support liquidity in Cardano DeFi with an initial $100 million. https://wavegp.com/wave-financial-launches-ada-yield-fund-to-support-cardano-defi-ecosystem-growth/
- It sounds like Nami Wallet has already pushed a fix for the ADA Handle issue and it only had to do with mobile users on 3G. https://twitter.com/adahandle/status/1509282443018182656
- Don’t forget! Cardano 360 is today (March 31st)! https://twitter.com/InputOutputHK/status/1508487598154600454
- Vitalik suddenly seems interested in Africa and crypto. https://twitter.com/IOHK_Charles/status/1509232370292981760
- The European Parliament is voting today (March 31st) on what has been called a “very oppressive” crypto surveillance regime. https://twitter.com/brian_armstrong/status/1509202782015819776
- Is it possible that multiple Cardano dexes might be able to ameliorate the plague of impermanent loss like they say? https://twitter.com/GeniusyieldO/status/1509227965086941187 https://blog.maladex.com/maladex-solves-concurrency-scales-beyond-memory-limits-and-designs-the-best-possible-cardano-dex-391d7e519e67
- The secret announcement from the March Cardano 360: Snoop Dogg is now in the Cardano ecosystem and has partnered with Clay Nation for a “Baked Nation”. https://twitter.com/The_ClayMates/status/1509583935059202050
- The European Parliament has voted in the new law to essentially enforce KYC on self-hosted wallets. https://twitter.com/CoinDesk/status/1509541262302531585
- Here’s the March Cardano 360! https://www.youtube.com/watch?v=r6qNwOE9Bvo
- Here’s the SEC Staff Accounting Bulletin advising that crypto companies should record a liability on their balance sheets if they are safeguarding crypto assets for clients and Hester Peirce’s response. https://www.sec.gov/oca/staff-accounting-bulletin-121 https://www.sec.gov/news/statement/peirce-response-sab-121-033122
- It looks like Grayscale really wants to sue the SEC if there is no approval of their Bitcoin ETF by summer. https://twitter.com/Grayscale/status/1509642795144949761
- Some info is being reported on the Clay Nation land sale in their upcoming “virtual environment” including the Baked Nation collaboration with Snoop. https://twitter.com/BigKahunaaa/status/1510269159787175945 https://twitter.com/SunnNFT/status/1510717381433335822
- The Cardano Summit 2021 won an award for best digital conference. https://twitter.com/FirstEventUK/status/1509650175375118344
- Emurgo has invested in Fourier labs which is attempting to build out Plutus native EVM compatibility. https://twitter.com/emurgo_io/status/1510775123405676544
- Here’s some information from Singularity.net on their Hypercycle sidechain/L2. https://twitter.com/singularity_net/status/1509927613011218443
- The most recent Liqwid community call is now available. https://twitter.com/liqwidfinance/status/1509938871060115471
- Even Greenpeace is now complaining about Bitcoin energy usage. https://twitter.com/GhostchainClub/status/1509907792408326151
- The UK is setting its sights on becoming a crypto hub. https://www.gov.uk/government/news/government-sets-out-plan-to-make-uk-a-global-cryptoasset-technology-hub https://twitter.com/greyskulledm/status/1511026486798651393
- It sounds like Wingriders is going to have ADA staking for Liquidity Providers in pools that include ADA in the pair. Apparently the LPs will vote on what pool gets the delegation. https://twitter.com/wingriderscom/status/1511009078620868611
- Reports are coming in that Coti will launch the Djed testnet this week. https://twitter.com/cotihyp3/status/1510743792864796674
- The recent Liqwid community call is available. https://twitter.com/liqwidfinance/status/1509938871060115471
- Caitlin Long thinks the US crypto industry will split into three camps. https://twitter.com/CaitlinLong_/status/1511137195746279440
- Apparently your ReadyPlayerMe avatar in Pavia will be able to wear Adidas. https://twitter.com/Pavia_io/status/1511408080357101568
- Activision is considering NFTs for Call of Duty! https://watcher.guru/news/activision-blizzard-might-incorporate-nfts-into-call-of-duty-games
- The MLabs Cardano TX library being built for Seabug (Mlabs upcoming NFT market) will be open source so that other projects can build on this. https://twitter.com/seabugnft/status/1511445943865917447
- The Charles/Snoop/Champ Medici/Lena Twitter space is out. Over 64k people tuned in. As unexpected surprises, Warren G (and possibly a silent Busta Rhymes) also popped in. https://twitter.com/IOHK_Charles/status/1511402568420929538
- MuesliSwap now has limit swaps as part of their DEX aggregation function. https://twitter.com/MuesliSwapTeam/status/1511356152017264642
- Indigo has unveiled a quiz related to its airdrop qualification criteria. https://twitter.com/Indigo_protocol/status/1511421010666749952
- Catalyst has launched a new African Incubator along with iceaddis called Ariob. https://twitter.com/InputOutputHK/status/1511691446910427139 https://iohk.io/en/blog/posts/2022/04/05/project-catalyst-launches-incubator-for-africa/
- There will be an AMA on April 7 with ADA Realm and their new Unity development partner Actum Games. https://twitter.com/AdaRealm/status/1511779464795070469
- If you don’t think our biggest competitor is broken by fees, check out this report of $26 million spent on gas fees in an offering that only raised $8 million. Someone’s making money, but they’re called miners. https://twitter.com/cr0ssETH/status/1511446814196572161
- Maladex makes a good point about liquidity in DeFi. https://twitter.com/CardanoMaladex/status/1511811031470952466
- The future is not going to be 2D. Here is (probably) the first metaverse purchase of a SpaceBudz NFT. https://twitter.com/poly_peer_party/status/1511789839447904266
- MinSwap and COTI are looking at how best to integrate Djed into Minswap. https://twitter.com/MinswapDEX/status/1512052790625026052
- Here are some questions answered by Ross, Pavia Community Manager. https://www.youtube.com/watch?v=Zc9A4tREvkI
- Shocker! Reports of more problems from our most problem ridden competitor.. https://twitter.com/Katsumoto87/status/1512002841501655044
- If banks are involved with crypto, they now need to notify the FDIC. https://www.fdic.gov/news/financial-institution-letters/2022/fil22016.html
- MuesliSwap is going through a redesign. https://twitter.com/MuesliSwapTeam/status/1512090675021447169
~Army of Spies
