ieatcrayons crypto

ieatcrayons crypto

My take on crypto and how I go about trading and investing.


USDY and PAX Gold, Two Pivotal Tokens

8 Mar 2026 1 minute read 0 comments ieatcrayons

USDY, issued by Ondo Finance, is one of my favorite coins. Unlike USDC or USDT, which maintain a 1$ value while the issuers capture all the yield, USDY passes yields directly to holders through daily NAV appreciation, allowing us to reap the profits....

State Bloating and What It Means for Ethereum

3 Mar 2026 1 minute read 0 comments ieatcrayons

State bloating is a big danger, especially for Ethereum. Ethereum stores its global state in a Merkle Patricia Trie. This allows nodes to verify the integrity of the state without storing the whole thing. Every node has a hash it commits to its child...

Why On-Chain Velocity Predicts Better Than Fear And Greed Indexes

3 Mar 2026 1 minute read 1 comment ieatcrayons

Most crypto investors use the same indicators, fear and greed index, social sentiment, etc. But there is a much better metric that almost nobody talks about, on-chain velocity. (I use velocity and on-chain velocity interchangeably here, but keep in m...