Good fame is like fire; when you have kindled you may easily preserve it; but if you extinguish it, you will not easily kindle it again.
Scarcity is why capitalism works. Without scarcity of physical items, we wouldn’t need to excert force to get things.
It's time to talk about Aave's upcoming stablecoin $GHO
I studied the design presented several weeks ago on the governance forum & anticipated how Aave + GHO could look like (aGHO anyone?)
👇It also includes revenue projection: it will be juicy as ~$50K/daily is my lowest estimation (assuming a 1.5B market cap & 1% borrowing fee)
Read the full article here: tokenbrice.xyz/aave-gho-stablecoin/
Today we’re excited to announce Config, an easy-to-use dev tool for any DeFi Protocol.
We first built Config as a clean, clear visualizer of the Aave Protocol risk parameters, and generalized it for any protocol with global parameters.
Config is the first application built by Newt for the Aave Protocol, and it’s dead simple to use. It does only one job and does it super well: visualizing contract parameters.
Check it out at config.fyi 👈
For Aave Protocol, using Config is far easier and more accurate than going to each individual asset on app.aave.com
Config uses the Aave SDK to read from the smart contracts, so Config is an up-to-date source of truth for all asset parameters on v2 and v3.
In order to generalize Config, we built a data abstraction layer that allows for the easy insertion and visualization of other DeFi protocols’ parameters. Benqi Finance was added in less than an hour by @josepbove.lens
Check out our GitHub for step-by-step instructions on how to add another protocol for Config to visualize ➡️ github.com/WeAreNewt/config.fyi
In the repo, we have a demo branch that shows how to add test data into the app.
Want to see Config support protocols like Uniswap and Curve? and easily add other protocols’ parameters in under an hour. Visit the Git repo for instructions.
🤌 Talking is overrated, our fave way to communicate is through the voice of memes
🚀 Introducing re:meme mirror.xyz/wearenewt.eth/jQu6TqqUbpBvk-Tt-oYnTsXMDWtTRI0HXZm581er4-Q
🤩 We put smiles on people's faces, it’s honest work and it brings us joy
Over the past 3 months, I fell in love with the interoperability problem. I spoke to nearly every project in the space, and decided to summarize my 200+ hours of research into an article. Here’s what I learned:
Comprehensive list of all rollup-as-a-service solutions:
The OGs: Cosmos SDK and Substrate
Eclipse: SVM and other VM RUs on Cosmos Dymension: RollApps on Cosmos Saga: Chainlets on Cosmos
Rollkit by Celestia: Sovereign RUs or normal RUs on Celestia DA Sovereign Labs: Sovereign ZKRUs using Celestia DA and RiscZero
Slush: L3s on Starknet
Constellation: ORUs on Ethereum
Stackr: TBD, ETH India winner
Artesi: "full stack" RUs with explorer and MPC wallet included
Alt Layer: TBD, related to Substrate
Conduit: TBD
I strongly believe that we're headed towards the modular future, where blockchains enabled by the modular stack will be trivially configured and stood up.
In this new paradigm, there is a huge opportunity to re-imagine existing infrastructure for the modular world. For example, what does a block explorer look like in a world where creating a blockchain is as easy as clicking a button?
Here are some other tools that need to be redesigned for the modular world (and this isn't a simple copy-and-paste, they need to be re-created from first principles):