One step at a time: DappOS introduction and new activities
1. Introduction In the current cryptocurrency market, the traditional total locked value (TVL) model is facing a serious "rigidity" problem. Although many projects have high TVL, they actually lack real user activity and ecosystem vitality. The root cause of this phenomenon is that traditional income-generating assets often lack sufficient on-chain availability, and the opportunity cost of users participating in these projects is too high. To solve this industry pain point, dappOS launched the innovative concept of Intent Assets. As one of the leading projects in the current intent track, dappOS has received investment from top institutions including Binance Labs and Polychain, and its latest valuation has reached US$300 million. This report will deeply analyze the innovation of dappOS Intent Assets, explore how it can effectively solve the TVL rigidity problem, and the potential impact it brings to the entire crypto industry.
● CME "Fed Watch" data shows that the probability of the Fed cutting interest rates by 25 basis points in September is 67%, and the probability of cutting interest rates by 50 basis points is 33%.
● Uniswap changed its X platform avatar to a fat penguin wearing a pink unicorn hat provided by Pudgy Penguins. Uniswap and Pudgy Penguins cooperated at the Korean Blockchain Week.
● Pendle has reached a cooperation with the intention execution network dappOS. Users holding intention assets will automatically obtain a variety of benefits from Pendle PT while maintaining the flexibility of using native assets.
● Solv Protocol ranked first in the BNB Chain TVL competition, and more than 10,000 BTCB were pledged to SolvBTC.
● Lorenzo, a Bitcoin liquidity financial layer project, announced that the first phase of the mainnet was officially launched, further expanded to BNB Chain, and opened BTCB pledge and launched YAT functions.
● Vitalik Buterin transferred 17.73 ETH to the Gitcoin donation multi-signature address. The last similar transfer occurred in August last year.
1. TRON's SUN is rising, and SUNPUMP will launch a new function SUNBOOST. Brother Sun called out to imitate SBF to buy SUN at 0.03U. In the past month, TRX is the best performing L1.
2. Small coin SELF fell sharply, and a large number of additional issuances were issued after the coin exchange.
3. L2's Taiko fell sharply. Taiko is a ZK rollup, and 20% of the circulation will be unlocked this week.
#BTC#ETHcontinues to consolidate in weakness ——September 2 market data report: On-chain data shows that#BTCselling pressure is falling, and#ETHselling pressure is rising. The strength of the support is declining. The market continues to accumulate momentum in a weak consolidation, and ETH may continue to fall. ETF outflow is large.#BTC#ETH short-selling power has not been fully released, and the energy of shorts will continue to be released in the future.#BTC#ETH contract holdings are flat at a low level, and there is a possibility of continuing to fall. The funding rate is unable to recover. BTC Short-term support level 56772 Short-term pressure level 59121 Medium-term support level 55668 Medium-term pressure level 60733 ETH Short-term support level 2384 Short-term pressure level 2532 Medium-term support level 2296 Medium-term pressure level 2586 The above information is for reference only and is not an investment advice.
#BTC#ETHcontinues to consolidate in a weak position ——September 1 market data report: On-chain data shows that#BTCselling pressure has flattened, and#ETHselling pressure has increased. The strength of the support has decreased. The market continues to accumulate momentum in a weak consolidation, and ETH may continue to decline. ETF outflows are large.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to rise. ETH's short-selling power is greater.#BTC#ETH contract holdings are flat at a low level, and there is a possibility of continuing to fall. The funding rate is unable to recover. BTC Short-term support level 58498 Short-term pressure level 59502 Medium-term support level 57703 Medium-term pressure level 60339 ETH Short-term support level 2488 Short-term pressure level 2550 Medium-term support level 2422 Medium-term pressure level 2612 The above information is for reference only and is not intended as investment advice.
After Binance released the content "BNSOL Coming Soon", Sanctum replied with a handshake emoji, which may imply that it will jointly launch a new liquidity staking token.
Mainstream projects & hot events:
Layer 1 IP blockchain Story Protocol announced the launch of the intellectual property market Color on the Story Iliad test network, where users can Freemint colored commemorative NFTs.
Sony's blockchain project Soneium cooperates with Transak to provide global fiat currency entry services, providing users with the option of joining the ecosystem using traditional payment methods.
The Metis Foundation and Gitcoin have launched a $4 million annual funding program to promote innovation and development of the Metis ecosystem.
The prediction market platform Polymarket has reached a monthly record high of $436 million in August.
Web3 development company Alchemy announced the acquisition of Romanian blockchain infrastructure provider Bware. The specific acquisition amount has not been disclosed. This acquisition will expand Alchemy's business in Europe.
#BTC#ETHis accumulating momentum in a weak consolidation ——Market data report on August 30: On-chain data shows that#BTC#ETH selling pressure has decreased and the strength of the support has increased significantly. The market continues to accumulate momentum in a weak consolidation. ETF outflows are slightly greater than inflows.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to move upward. It is currently showing a clear weakness.#BTC#ETH contract holdings are flat at a low level. Funding rate is moving towards negative values. BTC Short-term support level 58674 Short-term pressure level 60170 Medium-term support level 57423 Medium-term pressure level 61286 ETH Short-term support level 2438 Short-term pressure level 2588 Medium-term support level 2326 Medium-term pressure level 2637 The above information is for reference only and is not intended as investment advice.
Technical features of ractal Bitcoin: Core technology: Use Bitcoin core code to directly utilize the security and reliability of the Bitcoin blockchain. Extension method: Create a tree structure through recursive extension layers to increase the parallel processing capacity of the entire network. Performance improvement: The block confirmation time is about 30 seconds, and the transaction processing capacity is 20 times that of the Bitcoin main chain. Compatibility: Fully compatible with existing Bitcoin wallets, tools and miner equipment. Mining method: Supports both permissionless mining and merged mining. Security: All transactions can ultimately be traced back to the Bitcoin main chain to ensure security and verifiability. Dynamic adjustment: The number of extension layers can be automatically adjusted according to the degree of network congestion.
#BTC#ETHsuddenly plummeted ——Market data report on August 27: On-chain data shows that#BTC#ETH selling pressure has leveled off, and the support force has temporarily leveled off. The market is still unclear. ETF outflows are increasing rapidly.#BTC#ETH shorts suddenly exerted force, and the current short force is very strong, and the trend may continue for a week.#BTC#ETH contract holdings are rapidly declining. Funding rate is negative. BTC Short-term support level 57831 Short-term pressure level 62267 Medium-term support level 55368 Medium-term pressure level 63284 ETH Short-term support level 2395 Short-term pressure level 2608 Medium-term support level 2236 Medium-term pressure level 2732 The above information is for reference only and is not intended as investment advice.
#BTC#ETHis going down in a small radial consolidation ——Market data report on August 27: On-chain data shows that#BTC#ETH selling pressure has leveled off, and the support force has temporarily leveled off. The market is still unclear.#BTC#ETH long and short forces are basically balanced, and the long force has not been accumulated, and it still takes longer to accumulate.#BTC#ETH contract holdings continue to rise. Funding rates are continuing to exert force. BTC Short-term support level 62597 Short-term pressure level 64111 Medium-term support level 61376 Medium-term pressure level 65185 ETH Short-term support level 2656 Short-term pressure level 2737 Medium-term support level 2587 Medium-term pressure level 2799 The above information is for reference only and is not an investment advice.