Dec 20, 2022Member-onlyLess CEX, more DEXIt is winter in the northern hemisphere, and so is crypto. The energy crisis across Europe doesn’t help keep warm. Jingle Bells will send farewell to a year of turmoil and drama. The positive sign is evils are collapsing one after the other. It is nature’s self-detoxicating process. …Decentralized Exchange5 min readDecentralized Exchange5 min read
Sep 3, 2022Member-onlyProof-of-Work vs Proof-of-StakeConsensus is a general agreement among individuals, like agreeing on which restaurant to go to for dinner among a group of friends. Reaching a consensus among a blockchain’s participants is a fundamentally serious business as it is run by distributed individuals. Proof-of-Work (PoW) and Proof-of-Stake (PoS) are two types of…Blockchain7 min readBlockchain7 min read
Aug 5, 2022Member-onlyTime to meet Ethereum’s rollupsFor non-technical readers: It is helpful to consider this concept before reading. There are several inter-changed terms. Layer 1 (L1) refers to the native blockchain, for example, Ethereum and Bitcoin. Mainnet also means layer 1, the environment where transactions are broadcasted, verified and recorded on the blockchain. On-chain means on…Ethereum9 min readEthereum9 min read
Jul 27, 2022Does liquid staking as liquid as it soundsLiquid staking is an invention to increase the capital efficiency of Proof-of-Stake (PoS) staking. PoS staking usually requires locking up the staked coins. When unstaking, there is a freeze period until the coins are liberated. The constraint with staking is that you cannot use the staked coins when higher earning…Liquid Staking6 min readLiquid Staking6 min read
Published in BLOCK6·Jul 6, 2022Member-onlyDemystifying the Cardano “ghost” chainCardano is one of the most disputed blockchains, gaining extreme love or extreme hate. The love comes from Charles Hoskinson’s loyal community who believe in the technology, the academic approach and (I believe) have gained substantial benefits from Cardano’s rise. The hate comes mainly from outside the Cardano community. They…Cardano8 min readCardano8 min read
May 26, 2022Member-onlyMoving on from the apocalypse of TerraIn the last weeks, Terra blockchain’s Reddit became a suicide intervention group, and its related discord channels became peer therapy space and a global class action litigation group. I cannot find a proper word to describe the catastrophic level caused by the collapse of Terra. I was not saved from…Terraform5 min readTerraform5 min read
Mar 30, 2022Member-onlyShort or Delta Neutral, that is the questionUnfortunately, we are in a world with extreme uncertainty. The war, sanctions, hyperinflation, never-ending pandemic…In this brutal reality, eating less meat and piling up daily life necessities can be considered “financial advice”. I don’t know if we are or will be in a bear market, but I know that our…Mirror Protocol7 min readMirror Protocol7 min read
Feb 16, 2022Member-onlyDoes impermanent loss really make you lose money?Liquidity providing is definitely a new finance concept that did not exist before Defi. As many people have transformed to be degen farmers, many others, including investment funds, prefer to stay away from it for fear of the infamous impermanent loss. There is a good deal of research and analysis…Defi8 min readDefi8 min read
Jan 15, 2022Member-onlyIs the 88,000% APY Wonderland Money becoming Wonderful Memories or a new beginning?Since recently, Wonderland Money has been pushing wMEMO (“Wonderful Memories”) on the stage and takes TIME behind the curtain. I have this article that explains the essentials of Wonderland Money. This novelty creates quite a lot of confusion. Does Wonderland leave us only wonderful memories? …Wonderland Money6 min readWonderland Money6 min read
Published in Coinmonks·Dec 8, 2021Member-onlyWhich is the stablest of the stablecoinsStablecoin, a cryptocurrency whose price is pegged to fiat money or a commodity, is the backbone of cryptocurrency. For me, it is a refugee from the price volatility, the dry powder ready to shot when the market comes, or a parking zone when I am undecided where to go. We…Cryptocurrency9 min readCryptocurrency9 min read
