1confirmation Newsletter - Issue #55
When we started Token Summit a few years ago, we did it because all the conferences at that time were focused on "blockchain technology" for enterprises and we felt there was a strong need for a conference covering the grassroots token movement.
We’re bringing the event back to NYC on May 16th to bring together many of our friends from previous events and many new friends to discuss the latest industry trends. Register for the upcoming Token Summit here.
Required reading this week
P&L analysis of Uniswap Market Making — www.tokendaily.co
Mohamed Fouda explores the profit/loss of Uniswap market making. The most unique feature of Uniswap as a DEX is that all trading fees go to market makers, not to the exchange nor the team.
Setting DeFi Interest Rates: How Does Dharma Affect Maker? — medium.com
Jason Choi delves into how third-party protocols offering borrowing and lending services for Dai can influence Maker's monetary policy decisions.
Funding Open Source In The Blockchain Era — medium.com
Kevin Owocki covers different approaches to funding open source projects, such as inflation funding, micro-donations, MolochDAO, and Gitcoin grants.
On Bitcoin’s Academic Lineage — www.tokendaily.co
Mohamed ElSeidy summarizes the wealth of academic contributions that brought Bitcoin to where it is now.
A brief summary of everything Substrate and Polkadot — medium.com
Fabian Schulz explains the progress with Substrate and how it helps Polkadot, as well as showcasing how public networks like Ethereum or Zcash fit into the Polkadot ecosystem.
1confirmation portfolio reading this week
Create your own prediction market — medium.com
You can now create your own prediction markets on Veil. Get paid when people trade on your market.
An Overview of Cosmos Hub Governance — blog.chorus.one
With the important governance vote to enable Cosmos Atom transfers expected soon, Chorus One sheds some light upon the currently implemented governance process on the Cosmos Hub.
Lock Up Ether, Get Free Crypto: Twist on Airdrops Attracts Top VCs — www.coindesk.com
Governance startup Commonwealth Labs, which offers a new twist on token airdrops, raised $2 million led by 1confirmation.
Tendermint Inc Announces Series A Round — medium.com
Tendermint secured $9M in Series A funding led by Paradigm, with participation from 1confirmation and Bain Capital Ventures.