The white paper describes MERL as a utility token for Merlin Chain, a Bitcoin Layer 2 network compatible with the Ethereum Virtual Machine. It identifies governance, staking during an early security phase, and transaction fees as intended uses. The token is…
Knowledge library
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.
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5,922 documents
The document presents BeToken as a Spanish euro-denominated tokenized fund built on Polygon. It says the fund tokenizes shares in a wellness company using ERC-3643, a security token standard intended to support regulated transfers and automated KYC and AML…
The document describes Numerai’s crowdsourced hedge fund model: data scientists submit forecasts, stake Numeraire (NMR) against them, and receive token rewards for accurate predictions while incorrect ones can lead to token burns. This incentive structure is…
The document describes Bonk as a Solana meme token launched in 2022, emphasizing its community distribution, governance, and proposed uses within the ecosystem. It says half of the total token supply was distributed through an airdrop to Solana users, NFT…
The document explains the Chainalysis Global Crypto Adoption Index as a country-level measure built from on-chain value received, retail exchange activity, peer-to-peer trade volume, DeFi transaction volume, and purchasing power parity adjustments. It uses…
The document compares internet-connected software wallets with offline hardware wallets for managing Solana assets. Software wallets are presented as convenient for frequent transactions, staking, and dApp access, while hardware wallets keep private keys…
The article compares Tether and Circle, framing Tether’s multi-chain reach and trading use as sources of dominance while describing Circle’s regulatory focus and payment partnerships. It also notes emerging stablecoins and the competitive barriers they face.…
The document recounts an exploit of GMX v1 on Arbitrum in which an attacker allegedly minted abnormal quantities of GLP tokens and moved stolen assets across chains before swapping them. It says the incident affected market confidence and describes the…
The document explains governance tokens as a way for holders to participate in decisions about decentralized projects. It describes typical votes on protocol parameters, risk controls, exchange fees, and fund allocation, and contrasts on-chain governance,…
The article describes how Tether’s redistribution of USDT among blockchains, including Tron, is presented as a way to meet network demand without increasing total supply. It links Tron’s low transaction costs and speed to USDT use in cross-border transfers,…
The document explains Lisk’s evolution from a standalone blockchain project into an Ethereum Layer 2 using the OP Stack. It describes optimistic rollup processing, where transactions are batched away from Ethereum and settled on its mainnet, and highlights…
The document describes TON Wallet as a self-custodial wallet embedded in Telegram for U.S. users, built on The Open Network. It outlines an account recovery approach that splits backup access between a Telegram account and email, plus address whitelists and…
The document surveys Ethereum Foundation activities spanning legal defense, governance, digital culture, and humanitarian use. It describes financial support for Tornado Cash developer Roman Storm’s defense and matching community donations, framing the case…
The article describes Ethena’s USDe as a synthetic stablecoin backed by crypto assets and using delta-neutral hedging, with staked USDe (sUSDe) adopted as collateral on Aave. It outlines a borrow-and-loop approach: deposit sUSDe, borrow another stablecoin,…
The document outlines Pi Network’s smartphone-based mining model, invitation system, and use of the Stellar Consensus Protocol. It describes the project as being in an Enclosed Mainnet phase, where external transfers are restricted, and reports a planned OKX…
The article surveys ways blockchain could support agricultural credit for smallholder farmers who may lack conventional banking access or acceptable collateral. It describes smart-contract microloans, tokenized crops such as grain or coffee used as…
The article contrasts Dogecoin’s role in simple payments and tipping with Ethereum’s smart-contract platform and its ecosystem of decentralized applications, finance, and NFTs. It compares their consensus systems, approximate transaction times and fees, and…
The article surveys features of Babylonian commerce that have parallels in later financial systems: trade in goods, silver measured by weight, credit arrangements, recordkeeping on cuneiform tablets, and rules for lending and contracts. It presents scribes…
The document introduces Polkadot’s nominated proof-of-stake system, in which DOT holders can validate the network themselves or nominate validators. It describes rewards as distributed by era and affected by validator performance, commission, and the amount…
The document explains Jupiter as a Solana decentralized exchange aggregator that compares liquidity pools and trading paths across multiple venues. Its routing engine considers prices, liquidity, fees, and slippage, including multi-hop swaps through…
The document reviews digital currency use for payments, contrasting volatile cryptocurrencies with fiat-pegged stablecoins. It reports that the share of U.S. consumers using crypto for payments fell from nearly 3% in 2021 to less than 2% in 2024, and says…
The article describes a creator economy model in which Zora turns social posts and profiles into tokens, with Uniswap v4 providing liquidity pools for trading them. It identifies a singleton contract architecture as an efficiency feature and presents dynamic…
The article explains Pendle’s yield-tokenization model, which divides a yield-bearing asset into Principal Tokens (PT) and Yield Tokens (YT). PT represents the underlying principal at maturity, while YT represents the asset’s future yield. This split gives…
The guide compares flexible savings products with fixed-term savings and staking. Flexible products generally allow quicker withdrawals, while fixed products may offer a stated yield in exchange for locking assets until maturity or completion of an unbonding…