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ICYMI: @Ripple's RLUSD stablecoin is growing on @ethereum, with supply up ~4x since January.
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🆕📊 New @Polymarket dashboard featured on Discover. The historical MAU cohort table shows when Polymarket achieved product-market-fit. 🔴 Most new users churned back in 2021-2022. 🟢 The retention rates improved a lot from mid-2023 onwards.
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One key value proposition of blockchains is developer leverage: Deploy a lending market or a DEX pool once & it's globally accessible to users from day one. If this holds true, the total headcount (all else equal) for DAOs should be considerably lower vs. fintechs.
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ICYMI: @circle's products are already deployed across 10+ EVM and non-EVM chains. One key takeaway: increased diversification from the start of 2024.
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Annual expenses for DAOs w/ a liquid token: Sky $238.3M Aave $63.6M Lido Uniswap Morpho EigenLayer Ethena Pendle Kamino Jito Jupiter Venus Maple Raydium
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One key value proposition of blockchains is developer leverage: Deploy a lending market or a DEX pool once & it's globally accessible to users from day one. If this holds true, the annual operating expenses (all else equal) for DAOs should be considerably lower vs. fintechs.
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