DeFi governance games: Gasless voting and Snapshot

January 19, 2021 DeFi, Ethereum, gas fees, Governance, snapshot Eddy 0

Quick Take Ethereum gas price leads to a decrease in governance participation due to the need to pay more than $5 per transaction. The infrastructure for gasless voting solutions using EIP-712 signatures is very newborn. Snapshot is used 349 Ethereum projects for governance, but the final decision remains with the protocol team. This research piece […]

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Blockchain developer tools provider Biconomy raises $1.5 million in seed funding

January 11, 2021 Biconomy, Blockchain, ETH, Ethereum, gas fees, seed funding, transcation fees Eddy 0

Blockchain developer tools provider Biconomy has raised $1.5 million in seed funding. The round was led by Eden Block, with participation from Binance Labs, Fenbushi Capital, and Digital Asset Capital Management (DACM), among others. With fresh capital at hand, Biconomy looks to expand its team and launch version 2 of its platform in the coming […]

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Ethereum Remaining Off Exchanges as Gas Fees Spike Again

December 18, 2020 ETH, ETH 2.0, Ethereum, gas fees, News Eddy 0

A number of notable on-chain metrics for Ethereum have emerged recently as its price hit its highest level since May 2018. Ethereum prices have remained stable at around $645 over the past 24 hours as big brother hovers just below its newly formed all-time high. The second largest crypto asset in the world hit a […]

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An analysis of Chainlink node operator earnings

October 14, 2020 chainlink, DeFi, Earnings, Ethereum, gas fees, Infrastructure, Oracles Eddy 0

Quick Take Chainlink node operators underpin the Ethereum infrastructure that has enabled the recent DeFi boom. High gas price spikes still pose a challenge to Chainlink oracles. The implications of the planned transition from the current node operator model to a staking model should be much more actively debated by the wider Ethereum community. This […]

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ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network

October 4, 2020 Altcoins, Daily active wallet, dApps, Defi hype, DEXs, ETH Ecosystem, ETH volatility, Ethereum Network, gas fees, governance token, High-risk blockchain, Tron Network Eddy 0

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to the DeFi ecosystem. Still, the […]

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