Good evening, crypto-people :)
Here are some recent views and updates via Messari.io, one of my favorite crypto sources:
In an episode of "Teach Me How to Degen," Messari's podcast focuses on trading crypto options. The episode explores the basics of options trading, including the differences between calls and puts, strike prices, expiration dates, and the potential risks and rewards. The podcast also covers strategies for managing risk, such as using options to hedge existing positions, and discusses the advantages and disadvantages of trading crypto options compared to traditional assets.
Chainlink, Gelato, and Lit Actions Messari's report on Web 3 Functions discuss the roles of Chainlink, Gelato, and Lit Actions in decentralized finance (DeFi). Chainlink provides decentralized Oracle services, allowing smart contracts to access off-chain data securely. Gelato automates smart contract execution, streamlining the process of managing decentralized applications. Lit Actions enables users to create, manage, and monetize decentralized applications using an intuitive, no-code interface. These projects pave the way for a more efficient and user-friendly DeFi ecosystem.
The State of Sia report for Q1 2023 provides an update on the Sia decentralized storage platform. Sia has experienced significant growth, with its native token, Siacoin (SC), seeing a substantial increase in value. The platform continues to attract users due to its decentralized nature, low storage costs, and data privacy features. The report also highlights Sia's efforts to improve its user experience, including the launch of its Skynet web portal and integration with popular file-sharing platforms.
DAO Votes for Aggressive Reduction of CAKE Token Inflation PancakeSwap, a leading decentralized exchange on the Binance Smart Chain, has voted for an aggressive reduction in its native token, CAKE, inflation. The community-driven decision aims to decrease inflation by increasing the CAKE burning mechanism, thereby reducing the overall supply. This move is expected to have a positive impact on the CAKE token's price, as lower inflation typically leads to increased demand for the token.
Messari's Governor Proposal addresses potential changes to the Messari platform, focusing on improving its token-curated registry (TCR) and introducing a governance token. The proposal suggests that the TCR could be enhanced by implementing a token-weighted voting system and refining the curation process. Additionally, introducing a governance token would give community members a say in the platform's development and decision-making processes.
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