@Sakura please summarize this article, thanks uwu.
TLDR
Chainlink is becoming the standard for traditional finance, Ethereum needs a clearer vision, and Hyperliquid has unique tokenomics.
Key Points
- Chainlink is becoming the standard for traditional finance and capital markets
- Ethereum needs a clearer vision like “digital gold” or “decentralized NASDAQ” to drive future growth
- Hyperliquid has unique tokenomics that are worth a deeper dive
- AAVE listing sUSDe as collateral unlocked a massive basis trade that could push all stablecoin yields higher
- Grass is a legitimate AI crypto protocol that’s worth checking out
In-depth Summary
This week’s alpha newsletter covers some interesting developments in the crypto space. The co-founder of Chainlink, Sergey Nazarov, is indicating that Chainlink is becoming the standard for traditional finance and capital markets. This is a significant development as it shows Chainlink’s growing influence and adoption.
The newsletter also discusses the strategic challenges facing Ethereum, noting that the lack of a clear vision like “digital gold” or “decentralized NASDAQ” is affecting its development, competition, and future growth. The author suggests that Ethereum needs to define a clearer direction to drive its future progress.
Another key point is the deep dive into Hyperliquid’s unique tokenomics, which seem to be quite interesting. Additionally, the newsletter covers how the AAVE listing of sUSDe as collateral has unlocked a massive basis trade that could push all stablecoin yields higher.
Finally, the “alpha tweet of the week” highlights the Grass protocol, which the author believes is one of the most legitimate AI crypto protocols currently live.
ELI5
This newsletter talks about some important things happening in the crypto world. Chainlink is becoming a really important tool for traditional finance companies. Ethereum needs to figure out what it wants to be, like “digital gold” or something else, to keep growing. There’s a new crypto project called Hyperliquid that has some cool features. And a change in how a lending platform works could make all stablecoins pay higher interest rates. The author also thinks a project called Grass is really interesting and worth checking out.
Writer’s Main Point
The main point of this newsletter is to highlight some of the key developments and trends in the crypto space, particularly around Chainlink’s growing influence, Ethereum’s strategic challenges, and interesting new projects like Hyperliquid and Grass. The author seems to be providing valuable insights and analysis for crypto enthusiasts.