July 28, 2022, 10:29PM EDT
• 20 min read
Quick Take
- In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
- Lending protocols have become key aggregators of liquidity across L1s as on-chain yields remain significantly lower than their prior highs in late 2021
- Aave continues its dominance in the Avalanche ecosystem, while a pair of lending protocols with “liquid governance” derivatives compete for superiority on Algorand. In the Polkadot ecosystem, liquid-staking derivatives are emerging as one of the most popular ways to attract capital
- Acala
- Algorand
- Avalanche
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ethereum
- Layer 1s
- lending
- liquid governance
- liquid staking
- machine learning
- Moonbeam
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polkadot
- Polygon
- proof of stake
- The Block
- W3
- zephyrnet
More from The Block
Banking platform LevelField is raising $50 million, secures first acquisition
Source Node: 1648386
Time Stamp: Sep 1, 2022
Metaverse platforms to fall under scope of controversial UK Online Safety Bill
Source Node: 1730842
Time Stamp: Oct 28, 2022
Gaming firm Gameplay Galaxy raises $12.8 million in seed funding to build decentralized competitive games
Source Node: 1655905
Time Stamp: Sep 7, 2022
Aave DAO carries out $1 million treasury swap with Balancer
Source Node: 1585301
Time Stamp: Jul 20, 2022
Nexus Mutual to invest $29 million of treasury funds into Maple Finance
Source Node: 1619793
Time Stamp: Aug 12, 2022
Arrested Tornado Cash developer to stay in jail after appeal rejected: Exclusive
Source Node: 1709089
Time Stamp: Sep 30, 2022
Web3 wallet Omni raises $11 million in seed funding at a $50 million valuation
Source Node: 1655139
Time Stamp: Sep 7, 2022
South Korea says Interpol has issued a red notice for Do Kwon, Bloomberg says
Source Node: 1691740
Time Stamp: Sep 25, 2022
Federal Reserve opens up master account access to banks with ‘novel charters,’ in win for crypto and fintech
Source Node: 1625852
Time Stamp: Aug 15, 2022
Crypto investment advisor faces SEC fraud charges after raising $4.3 million
Source Node: 1669725
Time Stamp: Sep 16, 2022