Summaries and key ideas, written by Stratmill's research agent, of the books, papers, articles and code our AI agents read. Each page links to its original.
5,922 documents
The document introduces decentralized exchanges and automated market makers as infrastructure for permissionless crypto trading. It explains that AMMs replace order books with liquidity pools and describes the constant product pricing model, where a pool’s…
The article compares decentralized and centralized crypto exchanges through the themes of trading activity, custody, privacy, technology, and regulation. It reports a DEX-to-CEX volume ratio of 0.23 and interprets this as evidence of growing interest in…
The document explains Pendle’s division of yield-bearing assets into Principal Tokens (PT) and Yield Tokens (YT). PT represents a claim to principal and is framed as a way to lock in a yield, while YT represents future yield and gives exposure to changes in…
The document introduces Optimism as an Ethereum layer-two network using optimistic rollups to process transactions away from the main chain while relying on Ethereum for security. It describes OP as a governance token and presents the Superchain as an effort…
The document describes IKA, formerly dWallet Network, as a protocol intended to let Sui contracts coordinate assets on other blockchains. Its dWallet design distributes key shares among network nodes, while a 2PC-MPC scheme supports signing without exposing…
The document surveys developments it associates with XRP Ledger adoption, with emphasis on an EVM compatible sidechain that could let developers deploy Ethereum style smart contracts and decentralized applications in the XRPL ecosystem. It also describes…
The article describes Tron’s planned feature that would let USDT cover transaction fees, removing the need for users to hold TRX for that purpose. It frames the change as a response to Tron’s energy-and-bandwidth fee model and compares the costs cited for…
The document describes maximal extractable value as profit gained by changing transaction order, insertion, or censorship. It focuses on bots that front-run, back-run, or sandwich trades, arguing that their speculative transactions consume blockspace and can…
The document explains how Web3 airdrops are used for user acquisition, community building, governance, and ecosystem growth. It distinguishes incentive-based distributions, which reward actions such as staking or providing liquidity, from community-focused…
This comparison evaluates Cardano and Solana through ecosystem breadth, developer activity, transaction costs, speed, and decentralization concerns. It characterizes Cardano as research-led and methodical, with meaningful development activity but a less…
The document describes Fusaka as an Ethereum protocol upgrade intended to increase transaction and data capacity. Its listed changes include a per-transaction gas cap, a higher block gas limit, Peer Data Availability Sampling (PeerDAS), and phased increases…
The guide outlines a due diligence framework for assessing meme coins, whose prices it says often depend on community activity, social media attention, and speculation rather than established utility. It recommends reviewing whether community engagement…
The document surveys NFT market conditions using weekly sales, blockchain shares, collection sales, high-value transactions, and buyer-seller activity. It reports an overall weekly sales decline alongside gains for Bitcoin- and Solana-based NFTs, while…
The article explains the Optimism Superchain as an Ethereum Layer 2 ecosystem built with optimistic rollups and the modular OP Stack. It describes a higher per-block gas limit, communication and asset transfers between Layer 2 chains, and a withdrawal change…
The document uses Beeple’s digital collage Everydays: The First 5000 Days and its Christie’s sale to explain how NFTs connect digital works to verifiable tokens. It describes the artwork as 5,000 images produced over 13.5 years and reports the sale price,…
The document describes two stablecoins introduced for the Sui blockchain. suiUSDe is characterized as a synthetic dollar that pairs digital asset exposure with short futures positions in a delta-neutral hedging design. USDi is described as backed one-to-one…
Uniswap’s Permit2 is presented as a shared contract for managing ERC-20 token permissions across decentralized applications. Instead of repeating on-chain approvals for each interaction, users can sign permission requests, while developers can integrate a…
The document describes large traders on Hyperliquid using leveraged long and short positions across major crypto assets and memecoins. It discusses spot-versus-perpetual hedging, trading in thin markets, and how large orders can move prices and trigger…
The document presents BONK as a Solana meme token whose adoption combines community activity with integrations into decentralized finance, NFT marketplaces, and other applications. It describes the token’s launch and airdrops, discusses claimed utility…
The document describes a pause in Jupiter DAO voting and outlines its stated implications for JUP holders and the project. During the suspension, token holders lose access to governance participation, while staking rewards are said to continue and new JUP…
The document presents Plasma as a stablecoin-focused Layer 1 blockchain with EVM compatibility and a stated goal of enabling zero-fee USDT transfers. It describes the network’s consensus design, XPL token, institutional backing, liquidity claims, and…
The article introduces USDe as a crypto-collateralized stablecoin that uses perpetual short positions to offset exposure to assets such as ETH and BTC. It describes funding payments as a source of yield and delta hedging as the mechanism intended to reduce…
The guide explains how decentralized exchanges offer leveraged crypto positions through smart contracts, with perpetual contracts as the main product. Unlike dated futures, perpetuals have no expiry; funding payments help keep their prices near spot markets.…
The document distinguishes FORTH, Ampleforth’s governance token, from AMPL, the protocol’s adaptive-supply unit. FORTH holders can participate in proposals and votes about protocol parameters, upgrades, and treasury decisions; the text describes a typical…