Setp by Step explains MEV sandwich arbitrage (case analysis)
The scariest thing about a sandwich attack is that the attacker clearly calculates the profit amount in the first step of the attack.
Sandwich arbitrage is a controversial arbitrage method, also known as a sandwich attack. It is an attack method that uses front-running to attack the victim's transactions for arbitrage. At the technology sharing session every Wednesday on November 9, 2022, @daimajia, a coder from Zhen Fund, brought science popularization on MEV, flash loans, and sandwich arbitrage, and analyzed sandwich arbitrage based on the DODO USDT/DAI attack incident as a specific case. , a lot of content, and plenty of useful information.
"Overview of the Current Situation and Future Development Trends of the NFT Lending Track"
Introduction: At present, the entire NFT market value has just exceeded 10 billion U.S. dollars. The outstanding loans of the top four lending platforms are about 65 million U.S. dollars, accounting for only 0.65% of the NFT market. The NFT lending track can release a large amount of illiquid and idle capital. With Web3 The number of users and NFT use cases increases, and over time, NFT will move closer to traditional capital markets and become increasingly important
Original link: https://medium.com/hello-metaversal/nft-lending-is-inevitable-heres-how-to-prepare-for-it-8b8b15ce50a3
"Exploring SocialFi's new social media paradigm: Lens Protocol, Farcaster"
Introduction: SocialFi promotes user ownership of the social graph, which makes moving from one social application to another more feasible. Lens and Farcaster bring NFT-based social media, allowing users to create censorship-resistant content while creators have greater ownership and the opportunity to monetize their content across the social graph.
Original link: https://twitter.com/0xsurferboy/status/1621116293469589504
"AI&DAO: 6 application directions of DAO driven by AI"
Introduction: DAOs can leverage artificial intelligence (AI) to make better governance decisions, increase efficiency, and integrate with other DAOs. The role that AI can play includes that AI tools can be used to accelerate and improve a large number of DAO activities. AI has great potential to help improve the user experience of DAO governance. At the same time, AI can also be integrated into the products or services provided by DAO, thereby improving DAO security.
Original link: https://mp.weixin.qq.com/s/KAqrUYu9BzJWK4Hx_nnb2Q
"Creator Economy in Games - Gaining Fun and Profit from Constrained Randomness"
Introduction: While funding for blockchain-related games has surged from $83 million in 2020 to over $2.4 billion in 2021, our current crypto-financial infrastructure still cannot serve the global market well. This article discusses how Web3 infrastructure Improving user-generated content (UGC), the article states that blockchain games can help a part of the game's user base transform from passive participants to active creators through UGC, thus extending the time the user base participates in the game and the life and profitability of the game.
Original link: https://www.decentralised.co/p/creator-economy-gaming
"Introducing Osmosis Stableswap: New Core 3Pool with Incentive Features"
Introduction: Axelar Network is creating a cross-chain liquidity center in Osmosis. The launch of Stableswaps marks a historic moment for Cosmos DeFi. Its latest $BUSD/$USDT/$USDC Core 3pool now comes with an incentive function, which can be built through the community. way to reduce impermanent losses, have reliable and safe investment options while maintaining a moderate deposit yield.
Original link: https://twitter.com/osmosiszone/status/1621191767432531968
Introduction: In order to reduce risks related to theft, OpenSea will not be able to accept offers for certain items within 3 hours of NFT transfer and sale, and transfers to hot and cold wallets will not be affected. Delegate Cash is a decentralized registration center for OpenSea data reading. By associating with a wallet trusted by users, it can achieve a smooth buying and selling experience while maintaining security.
Original link: https://twitter.com/opensea/status/1621276759932149761
"Inventory of decentralized volatility protocol narratives and projects: GammaSwap, Smilee, Panoptic"
Introduction: Decentralized volatility protocols aim to provide volatility financial products to address impermanent losses, which may be the next crypto narrative worth paying attention to. GammaSwap is a commission-free, oracle-free decentralized volatility trading platform that allows users to borrow LP tokens to increase their volatility, thereby turning LP's impermanent losses into impermanent gains, and liquidity providers can deposit Deposit tokens and earn trading fees and interest rates paid by borrowers, always higher than regular liquidity provision.
Original link: https://twitter.com/Slappjakke/status/1620436830494625793
Introduction: Recently, the number of transactions, TVL and other data on the Cosmos ecological EVM-compatible L1 public chain Canto have shown a strong growth trend. Within 6 days since the launch of CSR, Canto had 61,000 transactions a day, and the network fees charged were approximately 3 to 5 times the previous daily fee. The main interaction comes from the substantial increase in transaction volume of the Alto Market, the Canto ecological NFT market.
Original link: https://twitter.com/0xminion/status/1620828164556742656
Introduction: Arbitrum As the second-tier leader of ETH, TVL ranks 4th among all public chains and is extremely popular. Recently, as Arb's expected currency issuance, its ecological projects have caused an explosion. Now is a good time to lay out the plan. You can focus on its ecologically high TVL projects before ARB's currency issuance. Its track leader GMX, sector 30 The average daily income is above 100%.
Original link: https://www.coingecko.com/en/portfolios/public/lysarb
"Summary of the 152nd Ethereum Core Developers Meeting: Shanghai Upgrade Public Testnet Launch Timetable and Latest Progress of Cancun Upgrade" Introduction: Ethereum core developers discussed the Shanghai upgrade public test network launch schedule at the core developer meeting held on February 2. The Shanghai upgrade public test network Zhejiang was launched on February 1, 2023. The Zhejiang test network currently consists of 61,000 active validators, most run by the Ethereum Foundation.
Original link: https://www.galaxy.com/research/insights/ethereum-all-core-developers-execution-call-154/
- The latest non-farm payrolls data reported unusually large job gains in January, suggesting the economy is growing with more momentum than previously expected. This shows that the Fed’s aggressive interest rate hike last year did not significantly cool the labor market.
- In the past 24 hours, the Sandbox has been unlocked on a large scale, with a total of 170 million SAND transferred from the multi-signature address; 97 million SAND transferred from the Genesis address; SAND increased by 1.3% in 24 hours
-OKB broke through 45 USDT in a short period of time, reaching a record high. It is now quoted at 44.18 USDT, with a 24H increase of 6.02%.
- The United States announced that the non-agricultural employment population increased by 517,000 in January after seasonally adjustment, and the unemployment rate in January was 3.4%, which was expected to be 3.60%. The non-agricultural data was significantly higher than expected. U.S. stock index futures fell short-term, with Nasdaq futures falling by 1.5%, S&P 500 futures falling by 1%, and Dow futures falling by 0.6%.
- Damus, a decentralized social network application based on the Nostr protocol, has been removed from the App Store in mainland China. Damus was launched on February 1st and quickly became one of the top ten free social apps in the US App Store.
- The Ethereum Zhejiang test network will activate the Shanghai upgrade on February 7, and then release the upgrade on the Sepolia test network and Goerli test network.
- ETH rose to 1717.77 USDT in the short term, with a 24H increase of 9.01%. OP once exceeded 3.1 USDT this morning, setting a new record high
- Ethereum's first public withdrawal test network Zhejiang was officially launched last night, and the Shanghai+Capella upgrade of the test network is expected next week
- ZenGo launched solution EIP-6384 to solve the growing problem of offline signature vulnerability exploitation
See morenotion https://whalerlab.notion.site/2-3-cfe4941f55224bf5aaa812ab1f2fb2ed
Taking stock of the major events that have occurred in the NFT world in the past, this 150-page pdf peels off the entire ecological chain and penetrates the robot network at all levels. #NFTs #ETH takes us through the NFT wash trade to see through the false prosperity behind the NFT hype, including many very well-known and strongly endorsed projects, such as PXN, Rug Radio, etc.
Detailed articles can be viewed in the file https://gold-cal-45.tiiny.site
Whaling information: The number of new accounts created on Damus, a social network based on the decentralized social protocol Nostr, exceeded 4 #socialfi #Web3 #crypto2023 on the first day of launch.
Damus supports encrypted messaging, Bitcoin lightning tipping and other functions, and is supported by the former CEO of Twitter. Currently, Damus has been launched in the Apple and Google mobile app stores respectively. At the same time, the web page snort.social will also be officially opened, but currently Damus is still in its early stages, and many features need to be improved and optimized.
- Twitter has begun applying for regulatory permission in the United States to introduce software required for payments. Musk has said he hopes the system will support legal tender and may add crypto payment capabilities in the future.
- The Hong Kong Monetary Authority released the "Cryptocurrency and Stablecoin Discussion Paper" consultation summary, with Binance, Alipay, WeChat, etc. participating to provide suggestions
- The net supply of ETH in January decreased by 10,145.72 pieces, with a net deflation value of approximately US$16 million, and an annual growth rate of -0.012%.
See morenotion https://whalerlab.notion.site/2-1-5d468f021f194c9e858c520c46ce962e
- Digital asset investment products saw $117 million in inflows last week, the largest inflow since July 2022
- Polygon (MATIC) rose 52.1% in January, and Polygon’s market value returned to over $10 billion
- The New York Department of Financial Services is investigating cryptocurrency exchange Gemini for claims it made related to the security of customer assets.
See morenotion https://whalerlab.notion.site/1-30-5d468f021f194c9e858c520c46ce962e
- The Federal Reserve issued the latest regulatory policy adjustment statement: Crypto-asset-related activities will be subject to the same restrictions on certain activities imposed on national banks; banks must ensure that the activities they engage in are within the scope of the law, etc.
- Huang Yiping, former monetary policy member of the People's Bank of China: The new digital technology brought by cryptocurrency is very valuable to the formal financial system. China's ban on cryptocurrency may miss development opportunities.
- The stablecoin market lost US$3 billion in 44 days, USDC’s market value fell by 2.9%, BUSD’s market value fell by 7.2%, and the entire stablecoin economy was worth US$138 billion, accounting for 12.71% of the entire crypto economy’s value of US$1 trillion.
- APT rose to US$19, a record high, with an increase of more than 50% in 24 hours and an increase of more than 340% in the past 30 days; the current Aptos TVL exceeds US$58 million and reaches a new high
- Pudgy Penguins announced that it will allow Lil Pudgys to cross-chain from Ethereum to Arbitrum, Polygon and BNB Chain. In addition, soulbound Token will be issued according to Lil Pudgys users bridged by different chains through soulTransport technology
- FTX Financial Advisors reveals full list of institutional creditors, including Apple, Netflix, Coinbase and more