It started with a tip in a tweet

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I remember reading about Ethereum 2.0 staking when it was announced last year. You needed 32 ETH, which is nearly $64k in today’s money, to do it — well out of reach for me, even then when ETH was only $700 or whatever it was at the time.

Leave it to the community to come up with solutions, though. Ankr, Kraken, and others offered the opportunity to stake ETH quantities as little as 0.1. This was perfect for me — I promptly staked my 1 ETH with Ankr, and I was given an ankrETH in return.

The cool thing about…


No effort, no minimums

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Theta Network has been very hot in the cryptocurrency & blockchain space recently. Its two tokens, THETA and TFUEL, both experienced explosive growth in March. THETA went from $3 to an all-time high of $14, earning itself a spot as a top-10 token by market cap. Similarly, TFUEL — the gas token of the Theta blockchain — grew from $0.09 to its peak value, $0.54.


Decrypt’s Reader Token is a brilliant evolution that the news industry would do well to embrace

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Last month, I wrote an article about Brave’s Basic Attention Token and the possibilities its model holds for big media outlets like the New York Times and Washington Post. Today these companies use annoying paywalls to encourage readers to subscribe. They broadcast headlines to news aggregators, but when you click, you can’t read the article until you subscribe.

The reason behind the paywalls makes sense. Writers and their employers need to be paid, and, generally, the internet of yore provides two ways for generating revenue: ads and subscriptions. …


Wait, but is that good? Let’s compare.

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VenomDAO announced Viperswap’s launch on March 8. Four days later, on March 12, it had reached $1 million in total value locked (TVL). Two days later, its TVL doubled to $2.2 million, and one week after that, it had doubled again to $4.3 million.

Then, three days after that, on March 24–a mere seventeen days after its launch — Viperswap reached $10 million in TVL.

That’s quite an achievement, but how does it stack up against its predecessors? Let’s make some comparisons against today’s top 5 DEXes, as ranked by DeFi Pulse:


Click button, make money

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A brief history of staking for the uninitiated

You’ve all heard about “mining” as it pertains to Bitcoin and Ethereum, right? Mining is necessary because these are proof-of-work (PoW) blockchains, and they require a lot of computing power to do all the verifications and validations to make it all work. The main complaints against PoW are that it’s slow because of the computing and expensive because of the computing fees.

The fees are a big problem, and that’s why Ethereum 2.0 is important — it represents the Ethereum network’s move from proof-of-work to proof-of-stake. …


A guided look at Harmony’s Ethereum and Binance Smart Chain bridges

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Harmony protocol announced yesterday that they’d expanded their bridge to support Binance Smart Chain (BSC) in addition to Ethereum, which was already supported.

This is great news for two reasons. First and most obviously, it provides another on & off ramps to BSC, which has a vast ecosystem of dApps. Second, it provides me, a user in the United States, with a bridge from Ethereum to BSC.

You see, the Binance Bridge isn’t available to US users. There’s no great way for me to get funds onto BSC other than by going through Binance US.


A Viperswap ONE-1ETH liquidity pool tutorial

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The VenomDAO team just announced that they’d added APRs to their Viperswap liquidity pool UI, and they’re quite generous. Of course, it’s all very new and dropping quickly*, but the fact remains — the rates are insane right now.

*In just a few hours since announcing and sharing the screenshot, it’s already reduced to less than 14,000%. 14,000% still feels pretty okay, though, right?


Month-by-month tracking of ETH2 staking via Ankr & providing ETH2 liquidity with SnowSwap

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I staked 1 ETH with Ankr Staker on February 17, 2021, and then added the resulting aETH token to an ETH2 liquidity pool at SnowSwap. Each month, I’ll publish a short summary of rewards earned and value over time.

Results

Ankr Staker shows rewards earned by displaying the current value of aETH in ETH. Similarly, SnowSwap’s liquidity pool displays the number of SNOW that have been earned. Each month, I’ll record the current prices of ETH and SNOW in USD, aETH value in ETH, and the total value of assets.

|------------+-----------+-------+------------+------+-----------| | DATE | ETH (USD) | aETH | SNOW (USD)…

Fast, cheap, & profitable liquidity pools & staking on Harmony blockchain

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I really fell in love with Harmony the first time I transferred ONE tokens. They boast 2-second finality and near-$0 fees, and it worked flawlessly as advertised.

Now that Viperswap is just getting started, I was pretty excited to try it out. Viperswap is forked from SushiSwap, which is forked from Uniswap, so you can easily think of it as “the Harmony Uniswap.”

Viperswap is very much in its infancy, and it doesn’t have all the coins you’d see with its ancestors. It wins massively, though: it’s fast and cheap! …


12% rewards in just two steps

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I really like what Harmony has going on. First, they promise to solve Ethereum scalability by providing a sharding protocol with a trustless bridge. They also advertise 2-second finality and near-$0 transaction fees.

Those are great, but it seems like a hundred projects are solving these same problems. Harmony has the tools to be successful, that’s for sure. So, I love that the top priority on their 2021 roadmap is adoption. I was also excited to see partnerships with Reef and API3 announced.

On top of all that, the Harmony ONE token was still priced at just $0.03. I noticed…

Adam Prescott

software engineer & manager of people

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