1.FRONT changed its name to SLF and increased its issuance by 4 times. The unfair token swap caused heated discussion
Currently, it is normal for projects to change their names. Recently, MakerDAO changed its name to Sky Protocol, MATIC changed its name to POL, and Fantom changed its name to Sonic Labs. However, usually, investors are given equivalent tokens when swapping tokens. However, recently, some project owners have played a "sexy operation" by increasing the issuance of tokens by 4 times but still only swapping them at the original ratio. Click to read
2. An article analyzing how EigenDA changes Rollup economics
Today, EigenDA is the largest re-staked capital and unique address AVS (Active Verification Service) operator, with over 3.64M re-staked ETH and 70M re-staked EIGEN from 245 operators and 127,000 unique address staking wallets, totaling approximately $9.1 billion in re-staked capital. With the launch of a large number of alternative data availability (DA) platforms, it is difficult to decipher the differences between them, their unique value propositions, and how the accumulation of protocol value changes. In this article, we will take a deep dive into EigenDA and explore the unique mechanisms of its design, while also taking an overview of the competitive landscape and analyzing potential developments in this market space. Click to read
3. The first investor of Black Myth: Many Web3 game entrepreneurs don’t love games and can’t make good games
Mihoyo's Dawei commented on a WeChat Moments post, "I'll just say this: Daniel is the strongest investor in the Chinese gaming industry in the past five years, bar none." The person who posted this WeChat Moments post is Wu Dan (Daniel), and he was the first person to invest in "Black Myth: Wukong". Seven years ago, Hero Games, of which he was the president, invested 60 million in Game Science, accounting for 20% of the shares. Until Tencent acquired a stake in 2021, Hero Games was its only investor and largest external shareholder. What everyone doesn't know is that in addition to the 60 million equity investment, Hero Games has invested at least 100 million more in the "Black Myth: Wukong" project. This 100 million also makes Hero Games the only co-producer of "Black Myth: Wukong". Click to read
4. Paul Graham's latest article is trending in Silicon Valley. What does the article talk about?
Last week, at a YC event, Airbnb co-founder Brian Chesky gave a speech that was unforgettable for everyone in the room. Afterward, most founders I interviewed said it was the best speech they had ever heard. For the first time in his life, Ron Conway forgot to take notes. I won't try to reproduce it here. Instead, I want to talk about a question it raises. Click to read
5. The Fed’s Dilemma
Overnight, BTC continued to fall to 57k. With no volume to fall and no support, it may take some time. This September may be garbage time until the Fed's interest rate meeting. Why is the Fed struggling to raise or lower interest rates? In the final analysis, this is a dilemma for it. Click to read