Gene Hoffman’s Post

𝐄𝐱𝐜𝐢𝐭𝐢𝐧𝐠 𝐝𝐚𝐲 𝐟𝐨𝐫 𝐈𝐧𝐝𝐞𝐱 𝐂𝐨𝐨𝐩 𝐚𝐧𝐝 𝐟𝐨𝐫 𝐃𝐞𝐅𝐢 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧 🦉 🚀 Today Index Coop opened the presale window for a new High Yield ETH index (hyETH). The index tracks the performance of the largest high-yield opportunities for ETH on Ethereum mainnet. The product is currently yielding over 31% on five positions across Pendle, Instadapp and Across. What's most exciting about this presale is that it utilizes a new incentive called Product Revenue Tokens (PRTs) to bootstrap early TVL and tackle the 'cold start' problem. Our products need TVL, volume and distribution partners from day one to succeed. PRTs incentivize early advocates by paying out a share of the products revenue indefinitely. In the case of hyETH, 30% of PRTs (or 30% of hyETH revenue) will be distributed to presale depositors. PRTs give products like hyETH a life of their own, bringing in TVL before the product has launched and creating a revolving door of product champions who are financially motivated to see the product succeed. What do you think of PRTs and their role in onchain structured products? Unique DeFi innovation or a nothing-burger? All feedback is welcome. To learn more about PRTs, see here: https://lnkd.in/gA_rXV7A To see how the hyETH presale is progressing, see here: https://lnkd.in/gTTQXs8Q DISCLAIMERS: Informational purposes only, not legal, tax, financial or other advice. Not for restricted persons as outlined in Index Coops Terms of Service and Tokens Restricted for Restricted Persons pages at indexcoop.com.

Scroll token up 50% after listing on Binance The Scroll second-level solution team has launched the SCR token airdrop. The asset was listed on Binance and a number of other leading centralized exchanges. The day before, the developers disclosed the criteria for receiving the allocation. The project allocated 7% (70 million SCR) of the total coin supply for distribution. Of this, 5.5% is intended for the community as a reward for network activity. Ecosystem applications, developers and researchers will also receive tokens. On October 11, Binance announced the launch of a pre-market with real tokens rather than derivatives. The first one was SCR. After starting trading on the platform's spot market at 12:00 (Kiev, MSC), the token went from a starting price of $0.8 to ~$1.25 at the time of writing. The growth amounted to about 56%. However, on the pre-market, the SCR rate was at around $1.4. The exchange refers the asset to the Seed category, which implies the risk of increased volatility. The coin demonstrated similar dynamics on Gate.io. Trading of Scroll token was also supported by Bitget, Bybit and KuCoin. On the latter, in the absence of a premarket, the opening price amounted to $0.5. During the first hour of trading, the quotes surpassed $1.3 and at the time of writing has moved into correction (TradingView). The data aggregator CoinGecko records a 12.5% drop in the SCR rate over the last 24 hours. The service indicates the starting mark at $1.4, according to preliminary trades on a number of platforms. Current weighted average quotes of the token are at $1.22.

📣📣 Hello! Some amazing news from Blokiments. 👇 👇👇 A quick recap of the features we added to our platform in the last month: - Support for BSC in Base.  - Log in for users. Now, you can save your filter configs, create watchlists for your favorite tokens, and create research notes when researching the next 100x project. 💎 - Alerts. Create an alert for a filter config and never miss a gem again. Create profit reports and improve your trading strategy. - Shillers tracking. Track and filter the tokens based on shillers activity.  - And many more improvements We always look for feedback, so please let us know what features you'd like to add!

Gm. It’s a good day to d̵i̵e̵ ̵h̵a̵r̵d̵ be nerd-sniped. After a break in transmission (“putting our eggs in a row” as some would describe it), the EIPs For Nerds series is back in the business of spotlighting impactful Ethereum Improvement Proposals (EIPs) coming out of the Ethereum R&D ecosystem. I’m excited to share the latest article I've been working on: EIPs For Nerds #4: EIP-6110 (Supply Validator Deposits On-Chain)—a deep dive into EIP-6110, a proposal co-authored by (authored by Mikhail Kalinin, Danny Ryan, and Peter Davies). TL;DR: EIP-6110 reforms the validator deposit process and deprecates the Eth1-Eth2 bridge in favor of a simple, secure, and efficient mechanism for delivering deposits to to the consensus layer. The result: better staking UX, stronger guarantees of security for the deposit processing mechanism, and less overhead for teams maintaining consensus client software. Read the full article on the Ethereum 2077 blog: https://lnkd.in/eQ-4HWpk.

TradingView adds automatic detection of “cup & handle” pattern - https://lnkd.in/dR28qnRg Key facts: When this occurs, it is said that the price will follow the trend proportional to the size of the cup. The platform also added detection of its inverted version. TradingView adds a new pattern, the “cup & handle” pattern, with the automatic detection function.

What is staking? What is restaking? In this report series, Zack Pokorny and I give a 101 explainer on the activity of staking, its risks and rewards. 1. Staking: Risks & Rewards https://lnkd.in/gKsb7S_m 2. Restaking: Costs & Benefits https://lnkd.in/gqVCQCeg Stay tuned for the third report in this series which will dive into the activity of liquid restaking!

Are your users getting the best prices, all-in? 👀 In DeFi, the hidden costs of DEX trading can lead to drastic differences in the quoted price you’re showing users and the actual value they receive - creating a poor trading experience for users. Our next-generation pricing engine, 0x v2, was built to optimize for the best all-in price - the actual onchain settled price. In this article, we peel back the curtain on execution quality in DeFi and take a look at how 0x’s next-gen pricing engine delivers the best all-in prices. https://lnkd.in/gnNwvhgn

The News Spy- Automated Trading Software To Get Rich Quick To know more read the complete blog https://lnkd.in/d-ViXnvf #cypto #newsspy #spynews #newtechnology #techblogger #techies #techgadgets #technologythesedays #technews #techlover #technologyrocks #techtrends

𝑯𝒐𝒘 𝒅𝒐𝒆𝒔 𝑼𝒏𝒊𝒔𝒘𝒂𝒑 𝑷𝒓𝒐𝒕𝒐𝒄𝒐𝒍'𝒔 𝒏𝒂𝒕𝒊𝒗𝒆 𝒕𝒐𝒌𝒆𝒏, $𝑼𝑵𝑰, 𝒂𝒄𝒄𝒓𝒖𝒆 𝒗𝒂𝒍𝒖𝒆? The diagram below shows the value flow that happens on the Uniswap Protocol. 1️⃣ First, the liquidity providers (LPs) deposit assets to a "pool" on the protocol. The reason why it's called a pool is because it's where the liquidity is. For Uniswap v2, an LP needs to add the exact value of both assets to a pool. For instance, if it's an ETH/USDC pool and an LP wants to deposit 1000 USDC, he must also provide 1000 USDC worth of ETH. 𝘈𝘯𝘺𝘰𝘯𝘦 𝘤𝘢𝘯 𝘣𝘦𝘤𝘰𝘮𝘦 𝘢𝘯 𝘓𝘗 - 𝘳𝘦𝘮𝘦𝘮𝘣𝘦𝘳, 𝘪𝘵'𝘴 𝘱𝘦𝘳𝘮𝘪𝘴𝘴𝘪𝘰𝘯𝘭𝘦𝘴𝘴. 2️⃣ Then, whenever a trader, or an arbitrating bot (shown in the illusrtation), wants to trade with the pool, they must pay the transaction fees. The fees are always collected from the initial token, i.e., the token the trader wants to trade with. For Uniswap v2, the fee is always 0.3% of the initial tokens, and here is the breakdown for the beneficiaries of the fees:  ➡️0.25% goes to LP. ➡️0.05% goes to the Vault, the smart contract holding the funds. This % is also known as the "protocol fee".  3️⃣ The $UNI holders who 1) have staked their $UNI token, i.e., deposit it in a staking contract, and 2) delegated their voting rights, can share the fees from the Vault on a pro-rata basis.  ⚠️ Please note that: 1. The Vault and Staking Contract are not the actual names used on the code level. 2. The fees split for Uniswap v3 pools are set on the pool level, meaning each v3 pool has a different % for the protocol fee. The protocol fee for a v3 pool can range from 0 to 1/4 of the fees. 

In this article we are going to take a journey from the generation of the seed phrase to the multiple wallet address generation, making a special stop at the private key creation and paying attention to the technical details of this process. https://lnkd.in/dHezR3dX