Ian's Intel #6
MULTICHAIN HACKED! Are NFTs Dead? The thiccest newsletter yet!
This newsletter series is free for all readers.
What I like about reading newsletters and alpha aggregators is that you get to catch up on things that you do not have a pulse on. One can only cover so much on their own, so it’s always great to look outside of your info bubble — I hope this newsletter does the same for you! My radar consists of DeFi and infrastructure on Ethereum and its L2s, as well as the Cosmos ecosystem.
Note that you can click on the screenshots of each tweet in this newsletter to take you to the actual tweet.
Let’s dive in.
Multichain Hack
Alternatively, use revoke.cash to revoke any approvals from Multichain.
NFTs
Are NFT’s Dead?
This blog post by Mihai discusses how the combination of Blur’s airdrop reward system and Blend (P2P loan protocol allowing users to use NFTs as collateral for loans, has been a major factor in sending NFT prices down only, with no respite on the horizon. Worth a read!
Overview of NFT Prices
NFT Mint Stats
LSDFi
Lucid Finance
Pendle x Redacted Cartel
Pendle Liquidity Growth
Ethena
Ethena is the latest entry into the LSDFi space. The protocol makes use of a delta-neutral stETH strategy across both DeFi and CEXs to back their stablecoin, eUSD. No docs available yet but here’s their website.
DeFi
SNX Thread
Trader Joe Bounty
RWAs
Stargate
Silo Finance
Web3 Research Tools
Nerd Corner
Adding a new section of the newsletter for the more technical stuff. Guaranteed to make you so much more fun at parties!
PoS Was a Mistake?!
ZK — Folding
Starknet Roadmap
Cosmos News
Terra Expansion Grant
Archway
Native USDT
Japanese Stablecoins
Disclaimer
The content provided in this newsletter is for informational purposes only and does not constitute financial advice. The author and the newsletter are not responsible for any decisions made based on the information provided herein. The opinions, analyses, and information included are based on the author's perspective and while believed to be accurate, should not be relied upon without conducting your own research and due diligence. The author may or may not be invested in any of the projects or tokens mentioned in the newsletter.
Additionally, the views and opinions expressed in this blog are those of the author alone and do not reflect the views, policies, or positions of any organizations the author is affiliated with or contributes to. It is always advisable to consult with a qualified professional before making any financial decisions. All investments involve risks, including the potential loss of principal.