The 7th edition of our curated newsletter.
In today’s newsletter we look at:
- New way to discover airdops
- Uniswap v3 update
- How Mercuryo deals with cyber threats
- Ethereum blockspace structure
- Postponement of the Optimism
- The concept of legitimacy
Who doesn’t like a freebie? If you’re keen on getting free coins, you would love the new Etherscan’s airdrop page. It features a list of all the ongoing events, including dates, token tickers and addresses, other details, and a direct link to claim your rewards.
The Promise of Uniswap v3
Uniswap announced the upcoming v3 and gave a sneak peek at what’s coming. The new version boasts the most flexible and efficient automated market makers (AMM) and a few other curious advancements.
Here are the main ones:
- Concentrated liquidity for liquidity providers to control price ranges
- Multiple fee tiers for proper compensations
- Liquidity with up to 4000x capital efficiency and higher capital returns
- Low-slippage trade execution that can compete with CEXs and stablecoin-focused AMMs
- Increased exposure to preferred assets and reduced downside risk
- The ability to approximate a fee-earning limit order that executes along a smooth curve
Building and managing a global payment network implies strict security measures. The key is to stay up-to-date with new technology developments and ever-evolving fraudulent techniques. Our Head of Anti-Fraud Department, Nikolay Bocharov, uncovered how Mercuryo keeps your crypto safe.
Ethereum Blockspace: Who Gets What and Why
Anicca Research has published an analysis on Ethereum blockspace market structure. They’ve reviewed critical differences between the GPU and ASIC hashpower markets’ supply-side and identified the fundamental mechanisms creating the demand-side dynamics. Then they tied them together under the umbrella of Miner Extractable value. Once the tools and knowledge base for MEV become mainstream, it will impact how frequent DeFi users plan for their blockspace purchase strategies.
As custom has it, Ethereum’s new scaling solution – Optimism – is postponed. To achieve advanced scalability, Optimism is introducing rollups. They are going to facilitate off-chain computation to reduce Ethereum’s load while maintaining its security. Although some platforms have already announced their interest in the upcoming update, we’ll have to wait a little longer.
The new release date is set for July, but that’s still not certain. The reason behind the delay is that Optimism cannot be launched on its own as the whole ecosystem of oracles, wallets, nodes, and explorers has to be ready first.
In his latest blog post, Vitalik Buterin delved into the concept of legitimacy. He explains it as a higher-order acceptance pattern when people broadly accept an idea and play their part in enacting outcomes. Everyone participates as they expect others to do the same. Vitalik sees it as a powerful social technology that could solve many issues that are slowing down the development of blockchain networks.
This is a weekly newsletter curated by Mercuryo team. We cover the most sparkling events in the industry and sharing more about our journey.