DeSpread

🆕 프로젝트 리포트: JAM 설명서 — 폴카닷의 진화 블록체인 산업의 주요 L1으로 자리 잡은 폴카닷은 지난 4월, JAM 그레이페이퍼 발표와 함께 새로운 변화를 맞이할 준비를 하고 있습니다. JAM은 폴카닷의 릴레이 체인을 대체하고 코어의 사용성을 비편향적으로 만들려는 새로운 프로토콜로, 폴카닷과 이더리움의 요소를 결합한 하이브리드 시스템입니다. 본 아티클은 지난 7월에 발간된 'Demystifying JAM'의 번역본으로 폴카닷 1.0과 2.0, 그리고 JAM으로 발전하는 과정에 대한 기초적인 설명을 담고 있으며, 본격적으로 JAM 그레이페이퍼를 탐독하기 이전에 알아야 할 예비 지식을 살펴보겠습니다. https://lnkd.in/gdbAvH-4 #Polkadot #JAM #DeSpread

🆕 Insight Research: Journey to Kubernetes Adoption: Maximizing Growth and Efficiency DeSpread Labs has recently been conducting various "modernization" efforts to build an efficient development environment, and has introduced Kubernetes, an open-source platform that automates the deployment, scaling, and management of applications. Currently, all new projects are being developed based on Kubernetes, and at the same time, existing projects are in the process of being migrated to the Kubernetes environment. Through this process, we have experienced many trials and errors and acquired new knowledge. In this article, we aim to introduce the solutions that DeSpread Labs chose and applied while adopting Kubernetes, along with the process and reasons behind these choices. https://lnkd.in/geX3ruVm #kubernetes #DeSpread

🆕 Project Report: Monad - Introducing a New Paradigm in Community Building The importance of community in the blockchain industry has been emphasized time and again, yet finding exemplary cases where community members form strong bonds, and the team genuinely recognizes and appropriately values the community's role, remains challenging. In an era where building meaningful communities is increasingly difficult, a new project has garnered significant market attention due to its unprecedented community activities, even before the launch of its testnet. The project in question is Monad, a fully EVM-compatible Layer 1 blockchain. This article will explore the two pillars driving Monad: its technology and its community, with a particular focus on the new paradigm that Monad's community represents. https://lnkd.in/gTw9BDne #Monad #Report

🆕 Project Report: StackingDAO — The Liquidity Magnet of Stacks DeFi Liquid staking services, which aim to maximize capital efficiency by liquidating staked assets on the blockchain, have recently emerged as essential dApps across various ecosystems. These services are increasingly important as they incentivize users to engage in DeFi activities. StackingDAO, launched in December last year, introduced the first liquid staking service to the Stacks ecosystem. As the Nakamoto release update approaches, StackingDAO is gaining attention as a key dApp for liquidity bootstrapping within the ecosystem. This article provides an in-depth analysis of StackingDAO, focusing on its role and functionality, and explores how it aims to become a liquidity magnet for Stacks DeFi. https://lnkd.in/giiYZqE4 #DeFi #Bitcoin #Stacks

🆕 Insight Research: The Compound Finance Governance Attack: A Recap and Its Implications Since May, Compound Finance has faced a governance attack, highlighting once again the vulnerabilities in the governance structures of DeFi projects. This issue, which has been a recurring problem, saw attackers employing strategies akin to those of activist hedge funds in traditional finance to influence the operation of the protocol. The recurrence of such incidents underscores the urgent need for DeFi projects to reconsider their token economies and governance strategies. It suggests that beyond merely providing token-based incentives, there is a need to develop innovative models that simultaneously consider long-term growth, the alignment of participants' interests, regulatory compliance, and the creation of real value. This article delves into the sequence of events surrounding the Compound Finance governance attack, its implications, and the lessons that can be drawn from it, offering an in-depth analysis of the future direction of DeFi. https://lnkd.in/geByawB8 #Crypto #DeFi #Governance

🆕 Insight Research: DI - 05: Market Commentary | 07. 19. The cryptocurrency market recorded an upward trend following the Trump shooting incident, bolstered by positive events such as the commencement of Ethereum spot ETF trading and Trump's declaration of utilizing Bitcoin as a federal reserve at the Bitcoin Conference on July 28. However, from the end of July, events such as the Bank of Japan's interest rate hike, heightened tensions between Israel and Iran, and weak U.S. employment indicators led to significant declines in both global stock markets and the cryptocurrency market. This article examines the trends in the cryptocurrency market, spot ETF fund inflows, and U.S. presidential election polling. https://lnkd.in/gThThvRZ #Crypto #Research

DeSpred participated as a partner in Japan's largest startup conference, 'IVS 2024,' held in Kyoto last July. Under the theme of 'Cross Boundaries,' IVS 2024 saw the participation of numerous companies and projects from both Web2 and Web3 sectors. Major Japanese corporations such as Sony, SBI, and KDDI were also prominently involved. Through the report below, we will explore the trends of Japan's Web3 industry, as well as the key drivers expected to lead the industry in the future. https://lnkd.in/gbyNCGCi #IVS2024 #report

The Proof of Stake mechanism presents a dilemma: while increased token staking enhances network security, it simultaneously reduces ecosystem liquidity. This structure complicates the alignment of incentives among ecosystem participants. To address this inherent challenge in PoS-based networks, Berachain introduces a novel consensus mechanism, Proof of Liquidity. This approach aims to concurrently bolster ecosystem liquidity and network security, while effectively aligning the interests of participating entities. In this article, we will examine Berachain's consensus mechanism and tokenomics model, the major changes in testnet v2 launched in June 2024, and comprehensively review Berachain's unique ecosystem that is forming based on these. https://lnkd.in/gv3WCKHf #berachain #report

🆕 Insight Research: DI - 06: Market Commentary | 08. 09. The recent adjustment phase in the cryptocurrency market has deepened due to adverse events such as the initiation of the Mt. Gox repayment process and the potential sale of a large amount of Bitcoin seized during investigations into illegal sites, which has been transferred to the German and US governments. However, following the recent assassination attempt on Trump, his probability of winning the election has surged, given his favorable stance on cryptocurrencies. Consequently, Bitcoin and the overall cryptocurrency market have shown a resurgence. This article will analyze market trends and key issues, as well as trends in Korean centralized exchanges in data. Additionally, we will examine the key points of the Act on the Protection of Virtual Asset Users, which was implemented today. https://lnkd.in/gNqqfPXi #Crypto #Research

🆕 Insight Research: Journey Towards Sustainable Yield Farming The various forms of incentive mechanisms known as yield farming within the DeFi ecosystem have played a significant role in accelerating the inflow of liquidity into the DeFi ecosystem by offering attractive profit opportunities compared to traditional financial products. The revenue models and tokenomics of DeFi protocols have been evolving to provide users with continuous and high-interest yield farming opportunities in line with market conditions. Recently, protocols that generate profits by leveraging centralized elements, such as using real-world assets as collateral or executing trades through centralized exchanges, and distributing these profits to users, have also emerged. In this article, we will examine the evolution of DeFi yields and their various mechanisms, and explore the types and specific examples of DeFi protocols that have emerged to overcome limitations faced during this development process by utilizing centralized elements. https://lnkd.in/gQDGmThz #DeFi #Reseaerch