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 uses GMX’s July 2025 exploit to explain risks in DeFi and the wider cryptocurrency ecosystem. It attributes the incident to re-entrancy in GMX V1 contracts, manipulation of Bitcoin average short prices through the Vault, and flash loans used to…
The document presents Celestia co-founder John Adler’s proposal to replace proof-of-stake with proof-of-governance. The proposal criticizes proof-of-stake’s economic security and ongoing token emissions, and argues that governance-centered consensus could…
The document traces ETHLend’s evolution from a direct peer-to-peer crypto lending platform into Aave’s liquidity-pool model. It says the earlier matching approach faced liquidity constraints and slow execution, while pools enabled faster access to borrowing…
The document explains Pendle’s model for separating a yield-bearing asset into principal tokens and yield tokens. Principal tokens represent the underlying principal, while yield tokens represent future returns and can be traded separately. This separation…
The document introduces Merlin Chain as a Bitcoin Layer 2 network that aims to combine Bitcoin asset support with EVM-compatible applications. It describes a ZK-rollup model that batches transactions and uses proofs, alongside bridging, staking, and…
The document introduces RED as a token associated with the RedStone Oracle network, which it describes as providing data feeds for smart contracts across multiple blockchains. It outlines the network’s modular design and mentions support for liquid restaking…
The document explains a proposed market-cycle pattern in which Bitcoin halvings reduce new issuance, a Bitcoin rally may follow, and liquidity may then move into altcoins. It suggests considering projects with real-world uses and sustainable tokenomics, and…
The document surveys trends in perpetual decentralized exchanges, including reported market growth, competition among platforms, institutional interest, and infrastructure changes. It describes how Layer 1 and Layer 2 systems, privacy tools, permissionless…
The document describes Cycle Network as a cross-chain infrastructure project that aims to route assets and consolidate liquidity across multiple blockchains. It names state aggregation, APIs for moving assets, and a liquidity buffer as components of the…
The document describes Ripple’s RLUSD stablecoin and its integration with Chainlink decentralized Price Feeds. Oracle feeds make external price data available to smart contracts; the article presents this as support for DeFi uses such as trading, lending,…
The article describes TON’s connection to Telegram, its wallet and application ecosystem, and a corporate treasury strategy involving a large private placement. It says TON Strategy Co. intends to use most of the funds raised to acquire Toncoin, representing…
The document outlines a DAO investment model in which a community organization acquires game-related assets, such as NFTs, virtual land, and in-game items, with the aim of earning revenue. It presents Yield Guild Games as an example, describing asset…
The document discusses AAVE's price behavior and fundamentals through several lenses: support and potential upside levels, large-holder activity, protocol usage, and integration with Chainlink's Sustainable Value Reporting. It suggests that accumulation by…
The document surveys Japan’s approach to digital assets, presenting regulatory clarity, domestic oversight, and cautious experimentation as parts of a broader Web3 strategy. It discusses the country’s exploration of a central bank digital currency, claims…
The document describes a shift in crypto market influence toward institutional investors and highlights factors that may shape their allocations. It contrasts Bitcoin’s store-of-value role with Ethereum’s smart contract utility and staking yield, and cites…
The document describes an exploit involving Kinto’s $K token on Arbitrum. A flaw in its minting contract reportedly let an attacker create nearly 7 million tokens against a circulating supply below 2 million. Rather than immediately selling the tokens, the…
The document explains Starknet as an Ethereum Layer 2 that batches transactions off-chain and uses ZK-STARK proofs to validate batches on Ethereum. It describes sequencers as responsible for executing and grouping transactions, and presents STARK proofs as…
The document links SEI’s market outlook to network performance, adoption measures, technical indicators, and prospective catalysts. It cites fast finality, transaction throughput, daily transactions, active wallets, native USDC issuance, and decentralized…
The document introduces Kadena as a proof-of-work blockchain built around Chainweb, a multi-chain consensus design intended to increase throughput while retaining security and decentralization. It explains that KDA pays for computation and transaction fees,…
The document discusses Ethereum features it identifies as EIP-7702 and Nightfall_4. It describes EIP-7702 as enabling temporary smart-wallet behavior for externally owned accounts, including bundled transactions, passkey authentication, and sponsored fees.…
The document explains Zebec Network as infrastructure for continuous, programmable crypto payments. Instead of sending payroll as periodic lump sums, employers can configure payment streams, vesting, and conditional transfers through smart contracts,…
The document explains how crypto-backed borrowing works: a borrower pledges digital assets, selects a loan amount and terms, receives cash or crypto, then repays to release the collateral. It introduces loan-to-value (LTV) as the relationship between…
The document presents a bullish view of Ethereum, pointing to ascending triangle and flag formations, an upward-moving RSI, and support levels as possible signs of a breakout. It also connects Ethereum’s outlook to Layer 2 networks such as Arbitrum and…
The document describes a dollar-pegged crypto asset paired with a points program intended to reward activities such as trading, holding, staking, and using the asset in DeFi protocols. It presents the program as a way to encourage repeat use and increase…