🔬🧠 Curve DAO and the Battle for Liquidity
Research Rundown - Week of February 27th
As we bid goodbye to another week in the exciting world of crypto, we hope it was a productive one for you.
M6 Labs provides insights and crypto news to keep our community up-to-date. This digest shares the best bits in a quick and easy format.
Meme of the week:
Axes Metaverse FTW
Let's dive in! 👇
1️⃣ Adding Fuel To The Curve Wars Fire
A Deep Dive Into Curve
In this research post, we discuss Curve, a decentralized exchange built on an automated market maker (AMM) architecture.
Curve Finance has attracted billions of dollars in liquidity to its native token pools, and its governance token, CRV, operates the Curve DAO.
The Curve Wars is a competition between projects to acquire veCRV and increase liquidity.
Convex Finance has emerged as a leader in the Curve Wars, and Yearn Finance and Stake DAO are two new players.
The inflation rate of CRV for 2023 is 28.01%, and Convex Finance has announced new tokenomics to address the issue of CRV being cheaper to buy on the market than to mint new ones.
Keep reading 🍿:
2️⃣ Why We Invested In Axes Metaverse
Axes Metaverse: The Ultimate Battle Royale Experience - Play, Collect, and Trade Your Way to Victory
This post discusses the emergence of the metaverse and the increasing importance of blockchain technology in virtual reality:
The metaverse is a virtual world where users can access various immersive content, buy and sell virtual assets, and interact with other users in a seamless experience.
Axes Metaverse is a blockchain game that allows users to collect tradable assets that can be sold on the market for tokens.
Axes: Battleground is the first game in the Axes Metaverse series and features different modes of play, including Campaign PvE mode, Arena PvP, Gamble Arena PvP, and Tournament PvP.
The metaverse and blockchain technology have the potential to transform various industries, including gaming, retail, healthcare, and the arts.
Keep reading 🍿:
3️⃣ A Deep Dive Into Mask Network
Mask: The Gateway to Web 3.0 on Mainstream Social Media Platforms
You probably use social media platforms like Instagram, Facebook, and WhatsApp on a daily basis, but have you ever thought about the cost of their convenience?
Centralized social networking sites can be problematic with data breaches, censorship, privacy violations, and more.
However, you don't have to abandon your favorite platforms just yet.
The Mask Network extension acts as a gateway to the decentralized web, allowing you to access Web 3.0 within existing mainstream platforms.
In this report, we explore how Mask Network is bridging the gap between Web 2.0 and Web 3.0.
Keep reading 🍿:
4️⃣ Why We Invested in Real Player DAO (RPD)
RPD's Real Player Offering: The Gateway to the P2E Gaming Sector
The blockchain metaverse is worth a trillion dollars and growing.
As virtual spaces on the blockchain continue to grow, DAOs are emerging as the next administrators. In fact, Messari notes that in 2021, several DAOs had balances worth more than $50 million, a significant increase from just five years ago.
This rise suggests that DAOs are becoming the future boardrooms of internet organizations, with governance tokens playing a crucial role in organizational management.
Real Player DAO aspires to become the first GameFi Guild in the sector.
Keep reading 🍿:
5️⃣ A Deep Dive Into Arbitrum
A Game-Changing Layer 2 Solution for Ethereum's Scaling Woes
Layer 2 is a name for all the different solutions people have come up with to make Ethereum work better.
Some examples of Layer 2 solutions are Arbitrum and Eth 2.0. These solutions should help make Ethereum faster and cheaper to use.
Offchain Labs, founded by Ed Felten, Steven Goldfeder, and Harry Kalodner, is responsible for developing Arbitrum.
By increasing the speed and scalability of Ethereum smart contracts and adding more privacy features, Arbitrum is a layer 2 solution created to enhance its functionality.
$1.1B in TVL, 62% share of L2s: we explore why Arbitrum is dominating the DeFi space
Keep reading 🍿:
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