5 must-read articles in the evening | The Fed's dilemma

1.FRONT Renamed SLF, Four Times Increase in Token Issuance Sparks Controversy over Unfair Exchange

Renaming projects is now commonplace. Recently, MakerDAO renamed to Sky Protocol, MATIC renamed to POL, Fantom renamed to Sonic Labs, and so on. However, usually, equivalent tokens are given to investors during token swaps. However, recently, a project played a 'tricky operation' by issuing tokens four times but still only exchanging them at the original ratio. Click to read more.

2. An Analysis of How EigenDA Transforms Rollup Economics

Today, EigenDA is the largest stake capital and the only operator of AddressAVS (Active Validation Service), obtaining over 3.64 million staked ETH and 70 million staked EIGEN from 245 operators and 127,000 unique Addressstake wallets, totaling approximately 9.1 billion US dollars in stake capital. With the launch of numerous alternative data availability (DA) platforms, it is difficult to interpret the differences between them, their unique value propositions, and how the accumulation of protocol value changes. In this article, we will delve into EigenDA, exploring its uniquely designed mechanisms while providing an overview of the competitive landscape and analyzing the potential development in this market. Click to read.

3. The first investor in Heisha Myth: Many Web3 game entrepreneurs do not love games and cannot make good games.

MiHoYo's Da Wei Ge commented on a friend's circle, "I'm going to be rude here, the strongest investor in the Chinese gaming industry over the past five years: Daniel, no one else." The person who posted this friend's circle is Wu Dan (Daniel), who was the first to invest in "Black Myth: Wukong." Seven years ago, as the president of Hero Games, he invested 60 million in Game Science, holding a 20% stake. Until Tencent's investment in 2021, Hero Games was its only investor and the largest external shareholder. What everyone doesn't know is that in addition to the 60 million equity investment, Hero Games has also added at least another billion to the "Black Myth: Wukong" project. This additional billion also made Hero Games the only co-producer of "Black Myth: Wukong." Click to read

4.Paul Graham's latest article is going viral in Silicon Valley. What does the article talk about?

Last week, at an event at YC, Airbnb co-founder Brian Chesky gave a speech that was unforgettable for everyone present. Afterwards, most of the founders I interviewed said it was the best speech they had ever heard. Ron Conway (note: founder of SV Angel, investor in Airbnb) forgot to take notes for the first time in his life. I won't try to recreate it here. Instead, I want to talk about a question it raised. Click to read

5. Dilemma of the Federal Reserve

Overnight, BTC continued to fall to the 57k level. The volume of the decline is huge, with no strong support, and it may take some time to endure. September may be a so-called garbage time until the Fed's interest rate meeting. Why is the Fed in a dilemma over raising or lowering interest rates? Ultimately, this is a dilemma for them at the moment. Click to read

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GateUser-e872e4e2vip
· 2024-11-18 22:54
To the moon 🌕
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LightningProtectionvip
· 2024-09-04 11:50
pro take me with you 💰
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LightningProtectionvip
· 2024-09-04 11:50
bull speed back 🐂
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