This Week's Project Research - Modularity, Restaking & LRT, DePin, Oracle, ERC404 - With Dymension, Entangle, Farcaster, And More
The Best Research curated to save you time
GM frens.
Find this edition as a thread:
Gathering & Curating the best Research of the week, in the Latest Narratives.
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Today you will find Alpha on:
Dymension
Modularity
Restaking & LRT
DePin
Oracle
GameFi
Avalanche Eco
ERC404
New Projects
And much more!
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Your Alpha, gathered in the following categories:
1/ Layer1 & Layer2
2/ Modularity
3/ DEX & Perp DEX
4/ Yield
5/ Restaking & LRT
6/ AI
7/ DePin
8/ GameFi
9/ SocialFi
10/ Infrastructure
11/ More Research
Find your alpha! 👇
The categories are just informative, projects can fit multiple categories.
Everything is NFA, I don't vet the projects here.
I've read & selected the threads but I did not do deep research on every project.
DYOR.
1/ Layer1 & Layer2
Avalanche in 2024 (alpha_pls)
🔹 Avalanche Warp Messaging
🔹 Database built for High Throughput Blockchains on Avalanche
🔹 Hyper SDK
🔹 Gaming Subnets
🔹 TSM (30M Users) on Avalanche
🔹 Asset Tokenization
Starknet Ecosystem after Airdrop (dontbuytops)
🔹 zk L2 focused on Account Abstraction
🔹 Airdrop probably H1 2024
🔹 Partnership w/ Celestia → High throuhput L3s
🔹 $282M Raised & 52k Users → Huge Airdrop + Money flowing in the Eco
🔹 12% for grants
🔹 Tokenless Projects
2/ Modularity
Dymension, explained (eli5_defi)
🔹 The Internet of Rollapps (app-specific rollups)
🔹 Leverages a Cosmos SDK PoS w/ Tendermint Consensus
🔹 Allows to deploy customized Blockchain Solutions
🔹 Interoperability & Communication facilitated between them
🔹 DA Layer
Dymension, shorter summarize (DefiIgnas)
Still don't understand Dymension?
Find answers to your questions (0xNairolf)
More Modular Projects (wist_defi)
With Caldera, Espresso, Berachain, Eclipse, EigenDA & Fuel.
3/ DEX & Perp DEX
Balancer Deep Dive (jake_pahor)
🔹 Decentralized AMM Protocol
🔹 Foundational technology nurturing future DeFi Innovations
🔹 DAO with > 23M Treasury
🔹 > 900M TVL, 4th among DEXes
🔹 Ve8020 System
🔹 V3, Q2 2024 → Launchpad for innovative AMM Deployment
Voodoo, The 1st composable intent perpetuals exchange (0xAndrewMoh)
🔹 Perp DEX on Base
🔹 No Private Sale & VC
🔹 Powered by EigenLayer
🔹 Very early
🔹 A spot to be taken on Base
🔸 New & Risky Project, Low amount of Users & Volume for now
More on Voodoo (thelearningpill)
4/ Yield
$OGV Alpha (arndxt_xo)
🔹 Value Accrual & Gov Token for Origin DeFi
🔹 $110M+ TVL, $6M Mcap
🔹 Interest Bearing Stablecoin & Liquid Staking
🔹 Linked to Origin Story $OGN, Tools for NFT Creators
🔹 OGN getting a new product that'll integrate OGV's Yield Bearing Assets
5/ Restaking & LRT
Euclid, Ominchain Liquid Restaking (Slappjakke)
🔹 LRT ontop of EigenLayer
🔹 Omnichain Liquid Asset
🔹 Restaked assets spread across a network of operators → Reduce Risk
🔹 Member of NGAD with Equilibria (NGAD Airdrop 👀 )
🔹 $2M FDV IDO
More on Euclid (eli5_defi)
Puffer Finance, Native Liquid Restaking Protocol (wacy_time1)
🔹 nLRTs offer better decentralization by providing increased rewards to Ethereum validators
🔹 TVL > $360M after a few days only
🔹 Accumulate Puffer Points and EigenLayer Points
🔹 Backed by BinanceLabs
More on Puffer (stacy_muur)
AVS Protocols (DefiIgnas)
Protocols using EigenLayer's restaked ETH to superpower their functionality are called Actively Validated Services (AVS).
They should airdrop EigenLayer Restakers & Liquid Restakers.
6/ AI
4 Low Cap AI Projects (CryptoGirlNova)
Keep these projects in mind for when the AI Narrative & Hype is back.
These are low caps so they can still grow fast in the meantime.
25 Crypto x AI Projects (DistilledCrypto)
7/ DePin
Top DePin Picks (crypthoem)
DePIN refers to Decentralized Physical Infrastructure Networks, which use blockchains and token rewards to develop physical infrastructure in the real world across fields such as transport, energy, & wireless connectivity.
(def: coingecko)
8/ GameFi
Gaming on Avalanche Projects (defi_mochi)
Gaming is growing on Avalanche thanks to the subnet tech.
With more and more actually playable & even good games, strong backers and partnerships with Gaming Influencers, GameFi is poised to grow in 2024.
9/ SocialFi
Farcaster, Decentralized Social Network (poopmandefi)
🔹 p2p offchain network coupled with on-chain functions
🔹 + 214% DAU in a week, 266k user base
🔹 Frame function: Turns link into an interactive app → interact to web/app via buttons without leaving the app
More on Farcaster (sandraaleow)
10/ Infrastructure
Entangle, Customizable & Interoperable Data Infra (stacy_muur)
🔹 Designed to unify Web3 & Optimize Ecosystem Liquidity
🔹 Super-efficient Messenger
🔹 Customizable Oracle Solution & Price Feeds
🔹 Implementation within the DePin Industry
🔹 Sale Feb 13th
API3, Next-gen bridgeless first-party oracle solution (arndxt_xo)
🔹 First mover for capturing OEV (Oracle Extractable Value)
🔹 Re-captures MEV money back into protocol
→ API3 turns oracle profits back over to the DeFi protocols
🔹 Decentralized APIs hosted on the Marketplace
Axelar, Interoperability by Design (francescoweb3)
🔹 The programmable Web3 interoperability Platform
🔹 Securing & connecting all blockchain ecosystems, assets, & users
🔹 API & Dev Tools
🔹 Allows apps to send and receive any data payload cross-chain
🔹 Chain Agnostic
More on Axelar (zerokn0wledge_)
11/ More Research
Victoria VR, MMORPG In Virtual Reality (splinter0n)
🔹 First Crypto Metaverse in Apple's Vision Pro
🔹 Switching to UE5
🔹 Huge potential long term
🔸 Token already pumped with the news
🔸 Very ambitious project necessitating time, money, rigor, & a big team
ERC404 Projects (arndxt_xo)
ERC404 is a novel token standard (still experimental) on Ethereum, combining the attributes of NFTs and fungible tokens.
ERC404 is a brand new Narrative, risky as we don't know how the "hype" will sustain longterm.
What’s ERC404 + Projects (wacy_time1 & 0xGoldenDegen)
Tokenization & GameFi Projects on Avalanche (TheDeFinvestor)
Avalanche Launched a $50M RWA-focused fund.
3 Fast Growing Protocols (Prithvir12)
Puffer, Mode & Pendle.
Top Projects backed by Tier1 Funds (0xelonmoney)
New Projects (twindoges, toffee248 & Beacon_Early)
That’s it for today frens!
Thank you for sticking around, your future self will thank you.
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Everything here is NOT Finance Advice and purely informative.