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On today's issue:
Unichain launches
Babylon 1.4b in deposits
Apps accruing more value over time
This issue is brought to you by Tokenpad:
Tokenpad generates an earnings report for each asset you hold, across your crypto wallets.
The app is now live on the App store and Google Play store.
Unichain Launches
Uniswap just launched Unichain. A L2 rollup on the optimisic stack that allows for cheaper transaction fees, and for the app to be able to handle MEV.
For users, transactions are going to be faster and cheaper, also, there's native interop between unichain and other op based chains, like base.
Babylon 1.4b in deposits
The restaking protocol Babylon, has reached 1.4b in deposits, giving it close reach to Eigenlayer's 10B. Babylon restaking enables these BTC to serve as security for other platforms building on top.
They help BTC holders stake and earn a yield on top of their coins.
Apps accrue value
The latest analysis by Syncracy capital about apps vs. infra is great.
Besides gaining market share over time, crypto apps trade at lower multiples than infra. As infrastructure becomes more commoditized, apps have more ways of earning fees and paying less for blockspace
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Disclosure: All content published is for informational purposes only, and does not constitute any sort of financial advice.
