Crypto Archive$

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Crypto Archive$ | Block 665,165

mksala.substack.com

Crypto Archive$ | Block 665,165

Ethereum staking, Deus Futures, Badger, Enzyme Finance and more

Jan 8, 2021
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Crypto Archive$ | Block 665,165

mksala.substack.com

As the crypto market is heating up, many of you are wondering where to diversify. Keep in mind that we are in uncharted territories given Bitcoin ATH, and while the mid/long term trend remains bullish, there could be a pull back anytime now (local top), prepare accordingly. Meanwhile, here are some cool things to look at.

There is now an easy way to stake your Ethereum in ETH 2.0 via Argent:

Read more

Note: tried it myself, straightforward and your ETH is not actually locked, you can withdraw anytime. Argent is also a very good wallet to have for Ethereum. It's a smart contract wallet, meaning you can have guardians help in recovery (no need of 24 passwords). It's user friendly for family members and the wallet is integrated with most of the popular DeFi protocols such as Uniswap, Balancer, Pool Together, Aave, Yearn, and so on.


Proof of Stake updates by Paradigm Daily:

State of Stake volume 40

Note: an easy read for quick updates on Ethereum 2.0, Skale Network, Avalanche, Cosmos Network, IRIS Network, Terra, Secret Network, Persistence, Band Protocol, Akash Network, Oasis Network Tezos, Polkadot, Near Protocol, Solana Network, Synthetix, StaFi, Elrond, Icon, Coti, IOST, Orbs, Mina Protocol, Filecoin, Injective, Oraichain, and Theta Network.


You can buy Coinbase shares before the IPO via Deus platform:

https://app.deus.finance/coinbase/

Note: they are synthetics, meaning they algorithmically track the value of real Coinbase shares when they come out on the stock market (different than real shares).


DIGG, a Bitcoin rebase project, is coming soon. Distribution will be based on Badger staked or provided as LPs, as approved in the latest vote:

Latest DIGG snapshot proposal


ANT (Aragon) is likely coming to Aave soon and this could give it a boost. Aragon is the mother of DAOs, it's here to stay long term and now might not be a bad time to get some.

Aave vote to add ANT


Melon v2, branded as Enzyme Finance, is released end of this month. I wrote a few thing about this already as per below, but in short: the new version is a complete revamp - next level of UI, Ux, and Smart Contracts features for asset management/funds. MLN the token is still quiet for now, but how long will this last?

From Melon to Enzyme

Melon current state and v2 expectations

Alpha Unlocked Melon Fund Status


Unslashed Finance is a promising new entrant in the crypto insurance segment. You can provide ETH and mine their governance token accordingly (About 700 ETH TVL so far). I still have a few invite codes so please let me know if you need one.

Twitter Ann

Manifesto

That’s all for now, happy blocks and great week-end to you all!

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Crypto Archive$ | Block 665,165

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