MakerDAO’s balance sheet, Ethereum’s Updated Roadmap, and Goldman's digital asset classification system!

Tools in Crypto ⚒️

Welcome to the 33rd edition of DeFi Fridays!

Access all the previous editions here.

• Major happenings in the ecosystem: Goldman’s digital asset classification system, what’s up with MakerDAO’s balance sheet, and Ethereum’s Updated Roadmap.

• Find a list of important tools required for crypto research.

• In this week's good reads:

  • Realized Spread & LVR

  • Scaling & Modularity in Blockchain

  • Rethinking DeFi Tokenomics

Important Tools for crypto research:

1. Uniwhale DAO - A DeFi analytics community that curates DEX data.

2. Crypto Panic - A crypto news aggregator platform.

3. Token Terminal - They convert raw smart contract data into comparable business metrics.

4. Tools for Crypto - To discover all the cool crypto tools available today.

5. LunarCrush - Social Intelligence For Crypto, NFTs, and Stocks.

6. DappRadar - An exploratory Dapp store for 12,689 dapps from over 47 protocols.

7. DEXSCREENER - Real-time price charts and trading history of multiple DEXes.

8. Fear & Greed Index - So you don’t get caught up in #CryptoTwitter’s overly positive or negative news.

9. CoinMarketCal - Track crypto events.

10. CryptoCompare - They provide market and pricing data on 5,300+ coins and 240,000+ currency pairs.

Major News in the Ecosystem:

🔰Goldman Teams up With MSCI and Coin Metrics to Create Digital Asset Classification System

CoinMetrics.io @coinmetrics

We are thrilled to introduce datonomyᵀᴹ - a new classification system of digital assets made possible through the strategic collaboration of Coin Metrics, Goldman Sachs and MSCI. This new taxonomy is offered as a data service by Coin Metrics, Goldman Sachs and MSCI.

The Why: Ethereum blockchain transitioned from PoW to PoS in September. The staking yields investors can now earn from ether are poised to attract institutions. - Blockworks.

🔰Ethereum Fear & Greed Index is Neutral in the market.

🔰MakerDAO deploying its stablecoin balance sheet across different investments. Why?

Maker @MakerDAO

Why did MakerDAO end up deploying its stablecoin balance sheet across different investments, including agreements with institutional players, stablecoin issuers, and bond-linked vehicles? Storytime + Timeline. 🧵↓ 1/

🔰dYdX DAO’s Near Future

dYdX Foundation 🦔 @dydxfoundation

💥We are excited to share - A Take on the dYdX DAO’s Near Future💥 Read the full blog post here: dydx.foundation/blog/a-take-on… 🦔🦔🦔 TL;DR👇

dydx.foundationA Take on the dYdX DAO’s Near FuturedYdX Foundation is providing a potential short-term roadmap for the dYdX DAO, so the dYdX community may discuss, iterate on a plan, and take the necessary steps to be prepared for the Mainnet launch of dYdX V4 and beyond.

🔰Ethereum Updated Roadmap

vitalik.eth @VitalikButerin

Updated roadmap diagram!

pseudotheos (📜,📜) @pseudotheos

There's a revised Ethereum roadmap by @VitalikButerin! Here's a list of resources if you'd like to dive deeper than an infographic:

More Good Reads:

✍️What is the realized spread and how is it related to LVR:

Al N @0x94305

2/ Liquidity providers supply immediacy to DEXes: they sell when someone wants to buy and buy when someone wants to sell. What's their main cost? Selling too cheap and buying too high from better informed arbs. How do they make profits?...

✍️ Scaling and modularity

✍️Rethinking DeFi Tokenomics

Will Comyns @WillComyns

DeFi has a token value accrual and retention problem, and there has never been a better time to fix it. Here’s why DeFi tokenomics needs to adapt and what a new model could look like 🧵 medium.com/@willcomyns/re…

medium.comRethinking DeFi TokenomicsThe foundational tools of modern token design stem back to the goal of reducing utility token velocity.

That’s it for today, folks. See ya next Friday. 💃

PS: Thank you for sharing your views in the last edition 😃

Disclaimer: Nothing included in DeFi Fridays should be taken as financial advice.