Unlike fiat-backed stablecoins, these tokens are often managed by decentralized protocols, relying on overcollateralization to maintain price stability. If that sounds confusing to you, keep reading.

As of September 2022, Ethereum is now a proof of stake network, which reduced its energy usage and carbon footprint by 99.99%. Under this design, node operators (humans) will run validator client software on dedicated hardware devices. In turn, validators (software) are responsible for correctly proposing or attesting to new blocks that get added to the chain. To run a successful validator, node operators must deploy and maintain both a consensus client and an execution client.

Since launching in late-2022, Nike’s .SWOOSH platform has experimented with new ways to distribute digital ownership across its customer base at scale. In the process, thousands of users have interacted onchain in order to collect virtual wearables that have utility both online and offline.

Recently, I’ve started to look into some exciting projects that are pushing the boundaries of stablecoin design. For example, Ethena Labs is working on a synthetic dollar that preserves its peg by maintaing an equivalent short position on its LST assets.

Ethereum could become the bedrock of a new internet-native financial network, with its staking yield serving as a permissionless savings rate for anyone around the world.

Revisiting blockchain fees and how they impact no-click onramps.

I can't buy coins without clicking buttons.

A different approach to community-based learning and funding.

DAOs are improving the way we manage decentralized protocols, tokenized communities, and on-chain investments.