Conceptually, alpha is used to assess the excess returns of an investing strategy relative to industry standards. Alpha is constantly pursued by capital market participants but is very uncommon and difficult to reproduce consistently.
What is USDe?
USDe is a synthetic dollar offered by Ethena Labs, designed to maintain a peg to the U.S. dollar through a novel mechanism involving crypto asset backing and financial derivatives. Unlike traditional stablecoins backed directly by fiat or assets, USDe uses a combination of on-chain collateralization and off-chain financial strategies to ensure stability while offering users the chance to earn yield.
The Yield Landscape in De…
Dive into the Hamster Kombat airdrop saga, where 2.3 million users faced bans.
Hamster Kombat’s Controversial Prelude to Airdrop
Hamster Kombat, known for its engaging Telegram mini-app game, has decided to ban 2.3 million users on the eve of its highly anticipated HMSTR token airdrop. This drastic measure, aimed at curbing cheating, has resulted in a significant shake-up within its player base, with billions of HMSTR tokens confiscated…
Solana (SOL) has been one of the standout performers in 2023, outperforming Bitcoin (BTC) and Ethereum (ETH). For holders of spot SOL, there are numerous strategies to earn additional yield while maintaining exposure to this rapidly growing asset. Here’s an overview of how SOL holders can maximize their yield with low-risk options like staking and more advanced strategies like leveraging liquid staking tokens (LSTs).
What is SOL Staking…
What is EigenLayer?
EigenLayer is a decentralized protocol that allows Ethereum (ETH) stakers to “restake” their ETH, leveraging their staked assets across multiple protocols. In simple terms, users can participate in multiple security mechanisms simultaneously, maximizing their ETH’s earning potential without having to unstake it from the Ethereum mainnet. This is a new way of utilizing capital that’s already locked in staking, unlocking ad…
What is PYUSD?
PYUSD, or PayPal USD, is a stablecoin issued by PayPal that has gained significant traction in the decentralized finance (DeFi) space. It is designed to maintain a 1:1 peg with the U.S. dollar, and since its inception, PYUSD has grown rapidly. Currently, it boasts a supply exceeding one billion, split 65% on Solana and 35% on Ethereum mainnet. The surge in its use can be attributed to PayPal’s aggressive incentive programs on…
