Follow me on Twitter @ordcryptoguy Yield farming (also known as liquidity mining) describes any system where there is an incentive to deposit a type of token or multiple token types in order to generate rewards in the form of the deposited token or another (usually derivative token). The most common…

Follow me on Twitter @ordcryptoguy Besides being the medium of fundraising for the company in a less regulated matter, a token's purpose is the underlying driver for determining its true value. Tokens require functionality to maintain and accrue value. There need to be incentives for investors to hold onto their…

Follow me on Twitter @ordcryptoguy There are many articles out there explaining TVL in detail, here I aim to bring a concise summary of what TVL is. Think of this as reference notes. The simple definition Total value locked is a figure that represents the spot value (usually in fiat terms i.e. USD)…

Follow me on Twitter @ordcryptoguy The critical advantage that the implementation of smart contracts provides is the ability to cut out the middle man when it comes to ensuring the parties in the contract are abide by the terms laid out. This calls upon a tsunami of use cases in…

Follow me on Twitter @ordcryptoguy Like traditional companies, competitive advantages exist within variations of cryptocurrencies as well. The many factors that make a company like Apple successful also apply to what makes Bitcoin more popular over other stores of value coins such as Litecoin. Some key vectors where they are…

This is a summary of the original “Fat Protocols” thesis, covering how financial value is captured on the blockchain at the protocol layer compared to the application layer for the internet. Protocol vs Application Value Capture How value is captured for the Internet Internet protocols (TCP/IP, HTTP, SMTP, etc.) produced immeasurable amounts of value, however, almost all the financial value captured occurred…

Layer 2 is a set of technologies or systems that are constructed to run on top of Ethereum (Layer 1) whilst: Inheriting the security properties of Layer 1. Providing greater throughput. Lower opereating cost. Faster transaction confirmations. than Layer 1 alone. Most L2 solutions proposed are a set of off…

Ethereum 2.0 is an upgrade to the Ethereum Network which improves the speed, efficiency, and scalability of the network whilst preserving security and decentralisation. The upgrade is very significant to Ethereum and will consist of multiple phases, with the three major stages being: Phase 0 — Deployment and Staking on…

Below are just my notes on how I understand some of the features of Uniswap V3 work. Technical details are kept to a high level with a focus on intuition. What are Range Orders Think of range orders as reversible limit orders. In a range order, a user provides one-sided liquidity to the pool…