Welcome to another issue of Vault, my newsletter on the technology defining the new internet. This week, the subject is recent global market events and what they mean for digital assets. We’ll also look at the fundamental aspects that make a good web3/DeFi project. If you like…
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Stepn faces its first reckoning. Jerome Powell & Co. are bringing the party to an end. All risk assets are selling off as we brace for Quantitative…
The landscape for algorithmic stablecoins has shifted since the collapse of Terra. The Terra ecosystem, worth over $60 billion at its peak, is now all…
Ascendant web3 fitness-tracking app Stepn continues to see consistent growth as the app’s closed beta slowly opens to more users. The app crossed…
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Key Insights: gTrade uses an incentivized token mechanism to achieve overcollaterization. The platform marks prices using a custom oracle, the first of…
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It appears we have come to the end of the low interest rate era. A nearly 13-year bull market that saw massive economic expansion and covered nearly the…
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Do Kwon, the CEO of Terra Labs—the imploded algorithmic stablecoin—wants to fork the Terra blockchain as part of a comeback narrative. Any rational…
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UST collapsed three days ago. The algorithmic stablecoin depegged from $1, the ensuing redemptions hyperinflated the Luna supply, which crashed both of…
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