"Weekly Editor's Picks" is a "functional" column of Odaily.On the basis of covering a large amount of real-time information every week, a lot of high-quality in-depth analysis content will also be released, but they may be hidden in the information flow and hot news, and pass you by.

Now, come and read with us:

Now, come and read with us:

Investment and Entrepreneurship

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Investment and Entrepreneurship

Six Strategies for Making Money with Nansen Data

Nansen has many key indicators suitable for "understanding" projects. This article summarizes the query methods of these high-value information and the recommendation order of investigation projects, providing support for individual investors to select potential projects and finally form investment decisions.

In the "Smart Money" indicator, the proportion of stablecoins as the total holdings of cryptocurrencies on the chain, as well as the changes in positions and the number of addresses holding a certain currency for 1/7/30 days can all reflect the status of large investors. mood. The author also introduces the representative meanings of indicators such as market value, TVL, transaction volume, and loan volume, and further explains the most common types of token value appreciation mechanisms: airdrops, liquidity mining, governance, repurchase/burning, and proxy tokens. Coin supply release rate, VeToken economic model.

Bankless' bear market survival guide series is back with an update. Based on Optimism and Hop Protocol, this article summarizes two new airdrop mechanisms: overlapping rewards and reporting sybil attack addresses; and finally gives suggestions to improve the chances of winning the airdrop: act like ordinary users, use meaningful amounts, don’t just Do the bare minimum, explore and interact with every aspect of the protocol, use the apps a lot.Taking the four textbook-level airdrops as examples, how to "maintain an account" to get airdrops?Under the same theme, PANews' article "

• Taking the four textbook-level airdrops as examples, how to "maintain an account" to get airdrops?

• " added the suggestion:

• Become an early participant in the project;

• Experience and interact with the product as much as possible;

Actively participate in the entire ecological activities, such as using more ecological Dapps, participating in chain governance voting, etc.;For the airdrop rewards of the ambush "child chain", users need to become active participants in the "parent chain" ecology, such as using the above Dapp transactions, participating in its donation activities, etc., to show concern for the entire ecology.Olimpio is in "

Bear Market Survival Guide: What are the potential airdrop opportunities for L2?

"Specific to each agreement, including their chain, community and simple strategy.

DeFi

Multicoin Capital: The encryption party king that disrupted Ethereum, the thesis deduction madman with a hundred times return

A long article on institutional research on overseas unicorns. Multicoin's investment style is always driven by thesis: a group of fanatical observers of the encrypted world debate the problems of the public chain day and night, deduce technological iterations and the "theoretical picture" of the future of the encrypted world, and build investment portfolios accordingly . The two founders dared to express unpopular opinions in public, especially in the tribal and intolerant discussion environment of crypto. Multicoin takes crypto's hippie investing to new heights of pure rationality.

Why am I short UST?

At the theoretical level, the definition of market value is market price × circulation supply. Therefore, Terra must sell the entire circulating supply of tokens at the prevailing market price in order to generate yields commensurate with the market value of tokens. However, when a large number of tokens are sold, the price can plummet very quickly, so only the first few tokens get the prevailing market price. Therefore, only dollars worth a fraction of the token's market cap can be withdrawn from the market. This extreme situation reflects the fragility of Terra's anchoring mechanism. Meanwhile, Terra's Ponzi economy is unsustainable. Moreover, UST and LUNA will form mutual selling pressure and enter into a negative price feedback loop (death spiral).

Messari: Reviewing the first quarter performance of DeFi "veteran" Compound

NFT, GameFi and Metaverse

Compound became the first DeFi project to obtain a credit rating (B-) from S&P. The poor performance of Q1 data was largely affected by the fluctuations in the market this quarter, and users’ demand for loans and deposits dropped sharply. The main drivers of the decline in deposit rates as well as agreement revenue. The change of Compound’s incentive model aims to fully optimize the market and introduce effective incentives to launch new markets. These actions should have a positive impact on COMP token holders, leading to a healthier and more sustainable protocol.

NFT, GameFi and Metaverse

Hackers often lock collectors through Discord and Telegram, and steal users' NFTs by inducing mint and phishing attacks. Whoever owns the private key has full access to the blockchain/asset.

Web 3.0

Be sure to download the Web3 app or wallet from the official website, only browse official channels, official Twitter and official links, do not share login credentials or private keys with anyone, verify NFT before purchasing, do not click on unfamiliar NFTs, links, and use multiple wallets Mint NFT, Shamir private key splitting scheme can provide secondary protection for mnemonic words, check token approval and revoke unused tokens, carefully read and verify the transaction terms of smart contracts, keep up with the news and learn about new vulnerabilities.

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Data Analysis ENS: Become a Business Card of Digital Resources

ENS has the full support of the Ethereum Foundation. As people pay attention to things that can create "uniqueness" in the Web3 world, uniqueness and identity are also considered to be one of the most important attributes in the NFT world. Long strings of Ethereum addresses are difficult to memorize and trade, and having an ENS domain name can have a better experience in Web3. In addition, ENS domain names do not charge royalties, and there is no fully centralized entity control. In addition to ENS, platforms such as Unstoppableweb are also providing names for Web3 logos such as ".nft".

Over the past three weeks, ENS trading volume has been greater than all previous trading volumes combined. More than one million domain names are held by 389,000 unique addresses, with an average of about 3 addresses per address. After April 26, the high price transactions of digital domain names triggered a "digital war", which brought three waves. Popular ENS domain names have the same characteristics, such as three/four-digit domain names, "00X.eth", "X00.eth" formats, serial numbers, and many other features. Well-known trademarks and IP ENS domain names will gradually return to their actual value. Compared with Web2 domain names, ENS domain names have both practicality and DAO’s innovative gameplay. In the future, Web3 domain names still have room for value-added.

The Dark Side of Decentralization: Polarization, Anarchy, and the Lack of Public Goods

In media and communications, people will fragment into many different decentralized communities, creating more divisive and extremist groups. The echo chamber effect will be further exacerbated in these communities, as each community speaks for itself and only relies on its own niche news sources. We become more closed off, less receptive to new ideas, less willing to work together. In terms of government and social order, it will lead to a real slippery slope effect and catastrophic results.

Ethereum and scaling

Fortunately, centralization and decentralization are a spectrum, and we are in the middle, looking for balance.

Ethereum and scaling

The meaning of EVM equivalence is to free Ethereum from the shackles of L1 and extend its features to L2.

New ecology and cross-chain

The EVM is an emerging structure formed by the contributions of thousands of developers, and forking the EVM limits the ability to access these contributions. Replication and emergence are necessary properties of a self-reproducing system that wants to cover the globe. EVM equivalence enables L2 to asynchronously and independently integrate EIPs of its choice. Each L2 will adopt the EIP respected by its community. Due to EVM equivalence, public goods research and development on Optimism can be replicated and propagated throughout the ecosystem. Cheap fees, EVM equivalence, and retroactive public goods funding are the ingredients needed to generate positive external growth on the frontier of cryptoeconomic networks.

Capturing value from network fees and MEV generates a strong token economy, which directly brings very substantial real benefits to native assets. While obtaining long-term benefits, it must be guaranteed not to increase user transaction costs (network expansion is a must). Monolithic blockchains may not be able to achieve the scale needed to capture the majority of revenue. Multi-chain ecosystems such as Avalanche and Cosmos can achieve great scale. However, this fragmented security model is inherently difficult to feed back the underlying layer assets. Paying rent to L1 through Rollup may be a way to maximize the income of L1's original assets.

hot spots of the week

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1. Start the death spiral or the end of the stress test? Can UST be saved?Start the death spiral or the end of the stress test? Can UST be saved?》《On the verge of death, Terra broke his arm to survive》《A new proposal from the Terra community proposes to issue new LUNA tokens to the community》《On the verge of death, Terra broke his arm to survive》《A new proposal from the Terra community proposes to issue new LUNA tokens to the community》；

2. The total market value of USDC surpassed BNB to become the fourth largest cryptocurrencyStablecoin FUD spreads, what caused USDT decoupling?》《The encryption market as a whole plummeted, see "》；

3. Bitcoin falls below $30,000, how long will the crypto bear market last?50 KOLs Say This About the Current Crypto Market Trend》《The founder of Azuki exposed himself to the storm, see "》《The founder of Azuki revealed himself? what happened this morning》。

Azuki founder: 3 old project revenues and private keys will be handed over to the community, and will focus on operating Azuki in the futureThe founder of Azuki revealed the incident: Why did Azuki fall from the altar?In addition, the U.S. Treasury SecretaryYellen Calls Terra a Real Example of Stablecoin Risk；, is stepping up the development of a stablecoin risk report, sayingCryptocurrencies currently do not pose systemic risk to the financial systemGoogle Cloud Forms Web3 Team, will provide services to help developers build Web3 applications,Amber GroupWith "Editor's Picks of the Week" series

With "Editor's Picks of the Week" seriesPortal。

See you next time~