"WSTETH"

Search result of

Courses (0)

Articles (60)

Glossary (0)

All You Need to Know about Term Finance
Intermediate

All You Need to Know about Term Finance

Term Finance is a fixed-rate lending protocol built on Ethereum. It matches borrowers and lenders through regular auctions (usually every four weeks), with the settlement rate determined by the auction and the quotes provided by both parties. It is similar to peer-to-peer lending. The project's product logic is coherent, with a focus on fixed rates and interest rate smoothing, providing borrowers and lenders with more favorable rates. However, currently, there is low demand for fixed-rate lending in the market, and the four-week lending cycle set by the project is short, making the operation somewhat cumbersome. Overall, its attractiveness is limited. The project has not yet issued tokens, and the total locked volume is close to ten million.
1/9/2024, 2:32:35 PM
Prisma Optional Oracle Comparative Analysis
Intermediate

Prisma Optional Oracle Comparative Analysis

This article evaluates the historical performance of Chainlink integration and the replacement of Curve Pool EMA Oracle. It was found that the lack of reliable Chainlink data sources for collateral assets has impacted integration with the Prisma platform. The study proposes preliminary specifications for improving the Oracle to enhance price accuracy and reliability. Additionally, the research discusses the importance of the Oracle in Prisma liquidation and redemption processes. It is advised to use Curve's price oracle function with caution. Finally, a hybrid solution combining Curve and Chainlink Oracle is proposed to enhance the flexibility and reliability of the pricing mechanism. This report is applicable only to the Prisma protocol.
4/7/2024, 1:34:20 PM
What is the Seamless Protocol?
Beginner

What is the Seamless Protocol?

Seamless Protocol is the first native, decentralized, non-custodial lending and borrowing protocol on the Base L2 network that enables users to engage with the peer-to-peer borrowing and lending market.
8/5/2024, 4:32:10 AM
FirstVIP Research Report: LSDFi Protocol Lybra Finance
Intermediate

FirstVIP Research Report: LSDFi Protocol Lybra Finance

This article explains in detail the Lybra Finance project, an LSDfi stable currency protocol. Its main business model is to mortgage ETH or stETH to mint the stable currency eUSD, and use the proceeds of LSD to repurchase eUSD to earn interest on the stable currency. The annualized rate is between 7% and 9%. The interest on the stable currency comes from the interest on the ETH pledge. , so the higher the mortgage rate, the higher the interest. eUSD is maintained stable by over-collateralization, liquidation, and arbitrage. The LSDfi track has relatively good fundamentals, narrative value and user demand. Lybra Finance is currently the LSDfi protocol with the highest TVL. The first interest-bearing stable currency eUSD has a certain attraction for funds in the market. Therefore, this product deserves attention.
2/16/2024, 12:51:33 AM
LSD Adoption Catalyzes Novel DeFi Use Cases
Intermediate

LSD Adoption Catalyzes Novel DeFi Use Cases

This article introduces the main players of LST and details the LRT concept.
1/23/2024, 4:09:14 PM
All You Need to Know About Prisma Finance
Beginner

All You Need to Know About Prisma Finance

Following the Ethereum Shanghai upgrade, the problem of inability to redeem LSD liquidity collateral derivatives has been resolved. As a result, the number of ETH collateral has reached new highs, and the TVL of LSDFi has rapidly increased. Prisma Finance, as a dark horse in the field, has also received considerable attention.
12/21/2023, 5:15:28 PM
Can LSTs be great on Solana? Thoughts on Sanctum
Intermediate

Can LSTs be great on Solana? Thoughts on Sanctum

The article explores the current development of Liquid Staking Tokens (LSTs) on the Solana blockchain, comparing their performance with the Ethereum market and analyzing the underlying reasons for these differences. It also examines how the Sanctum protocol addresses LST liquidity challenges through its Reserve, Router, and Infinity products. Additionally, the article predicts the impact of partnerships with top centralized exchanges on the Solana LST market and delves into how Sanctum promotes the application prospects of personalized LSTs, highlighting their potential value to the Solana ecosystem.
9/18/2024, 2:30:07 PM
Benchmarks and performance attribution for DAO treasuries
Advanced

Benchmarks and performance attribution for DAO treasuries

The literature and practice for investment performance evaluation in traditional finance is extensive. However, the on-chain world has few proxies that could provide DAOs or on-chain investors with the necessary tools to make quantitative investment allocation decisions.
5/7/2024, 1:25:21 PM
What is ether.fi
Beginner

What is ether.fi

Ether.fi is an un-custodial staking protocol with a distinctive edge over other staking platforms; it grants stakers the autonomy to manage their keys. In Ethereum’s PoS (Proof of Stake) ecosystem, two keys are generated: withdrawal keys and validation keys. The withdrawal key is used to withdraw a user's assets, while the validation key is needed by node operators to validate blocks within a stipulated timeframe, thereby earning validation rewards.
7/5/2023, 10:50:27 AM
All You Need to Know About Raft(RAFT)
Intermediate

All You Need to Know About Raft(RAFT)

Raft is a stablecoin protocol deployed on Ethereum that utilizes over-collateralization. Borrowers collateralize LSD assets to mint stablecoin R, and maintain a lower collateral ratio through mechanisms such as liquidation and reallocation. Leveraging the popularity of LSD, the project experienced rapid growth after its launch and faced fierce competition in this field. Established DeFi protocols have an advantage in terms of security. Recently, the protocol suffered from a contract vulnerability issue and was attacked by hackers. The team is currently working on a recovery plan.
12/27/2023, 4:11:49 PM
The Restaking Wars Are Heating Up
Beginner

The Restaking Wars Are Heating Up

This article first introduces the functioning and risks of re-staking, mentioning Mellow Finance's new solution. It analyzes the strategic collaboration between the two and its impact on Lido. Finally, it summarizes the current market situation and offers future prospects.
7/26/2024, 11:09:15 AM
SWOT analysis of LSD-supported stablecoins: Which one will stand out?
Intermediate

SWOT analysis of LSD-supported stablecoins: Which one will stand out?

This article explains what LSD and LSDfi are, and provides a comprehensive comparison and analysis of stablecoins based on LSD.
12/24/2023, 5:53:08 AM
Puffer Finance Overcoming The Centralization Dilemma of The LST/LRT Track
Intermediate

Puffer Finance Overcoming The Centralization Dilemma of The LST/LRT Track

In 2023, the LST track competition has entered a "white-hot" stage, and many established track projects have fallen into "centralization conflicts." Puffer Finance proposes the native liquidity staking protocol (nLRP) and deeply integrates it with EigenLayer to increase profitability and increase the willingness of small and medium-sized node operators to participate in verification. Recently, the Puffer Finance mainnet was launched, and TinTinLand wrote an article introducing its innovative concepts and technologies.
6/4/2024, 1:47:37 AM
What are the "Culprits" Behind the Market Downturn?
Advanced

What are the "Culprits" Behind the Market Downturn?

This "anniversary" level plunge caught many off guard, but a closer look at the market reveals some potential "culprits" behind the decline.
8/6/2024, 7:01:10 AM
How Liquid Are Liquid Restaking Tokens?
Intermediate

How Liquid Are Liquid Restaking Tokens?

LRT, standing for Liquid Restaking Tokens, can provide liquidity on centralized exchanges. Their trading prices are close to the exchange rate with ETH, but with a slight premium. The liquidity of LRTs is crucial as it affects the trust and transaction value of market participants. It is anticipated that liquid restaking will evolve into a winner-takes-all market structure, where liquidity begets more liquidity.
4/16/2024, 1:57:44 AM

Your Gateway to Crypto Knowledge, Get Article Alerts Straight to Your Inbox.

Your Gateway to Crypto Knowledge, Get Article Alerts Straight to Your Inbox.

Learn Cryptocurrency & Blockchain