OpenPool

?? You may have seen the news that Stripe’s making a big move into #crypto, but if you think this is just about a new payment option, you may be missing the point. ?? Of course, Stripe accepting #USDC matters - alot. Stripe processes over $1 Trillion in global #payments. Furthermore, merchants won’t have to understand crypto, wallets, or even #stablecoins in order to accept it. Stripe handles everything in its backend; nothing changes from the merchant perspective except that there is now a new payment option allowing them to avoid the dreaded #creditcard processing fee. ?? But if you think Stripe’s announcement is just about a new #payments option, you’re missing the big picture. Stripe’s decision signifies #Web2 finally recognizing there ARE better ways than paying and relying on financial intermediaries. ?? The same story is playing out in #DeFi - read about it in our latest post: https://lnkd.in/g4TmYWHy?

In the May edition of The Alternative Investor, we will be looking at tokenization with Bitwise Asset Management, Eulith, OpenPool, PwC, and the World Gold Council. By converting traditional assets into digital tokens on the blockchain, tokenization is providing greater liquidity, fractional ownership, and transparency to investors, which is opening up a new world... To sign up for this edition https://eepurl.com/iCFYKE Thank you Vincent M., Daphne Huang, Lucas Gaylord, Ariel Bookman, James Stewart, Robert Mellor and Stephanie Cadman. If you have any questions contact Alastair Crabbe.

?? With the fourth Bitcoin Halving behind us, what’s next for DeFi? ?? The BItcoin Halving has impacts beyond just the Bitcoin ecosystem. Historically, such events have boosted interest in Bitcoin, helping more investors discover it. As the curiosity journey continues, it can funnel new enthusiasts from Bitcoin to Ethereum and, eventually, to DeFi ecosystems. Combined with the latest developments enhancing security and user experience across DeFi and a DeFi TVL that's breached $100 billion once again, the stage is set for the next wave of growth. ?? Read our full blog post here? ?? https://lnkd.in/g3ydNCmE ?

?? Catch the memecoin trading wave with OpenPool! ?? Despite the fun, memecoin trading comes with serious challenges, like low liquidity and lack of exchange pricing.? What’s a trader to do?? OpenPool now provides pricing data for memcoins on Coinbase's Base L2, allowing you to leverage real-time prices directly from Base liquidity pools. Try it out for Free at dev.openpool.co.? More details in our latest post: https://lnkd.in/gq5hMt5s ?

?? Master your Liquid Restaking portfolio with OpenPool ?? In the ever-evolving DeFi ecosystem, the emergence of liquid restaking is changing how we manage and optimize digital assets onchain. Yet, with great innovation comes complexity. While liquid restaking opens up new avenues for additional yields, it also introduces new layers of complexity in data.? For example, for a single position on ether.fi (one of the fastest-growing restaking protocols out there) , you now need to track: Original ETH staking yield + Restaking yield earned on eETH LRT (from multiple AVS sources) + EtherFi Loyalty Points + Eigenlayer Loyalty Points ?? OpenPool is continuously upgrading our data solutions to cut through this complexity. Our infrastructure is tailored to dissect liquid restaking activities and translate them into distinct yield income streams for both investor reporting and internal operations. With OpenPool, DeFi investors gain the ability to effortlessly track and analyze their staking and restaking yields, alongside new points incentive systems from platforms like Eigen Labs and Morpho Labs.? Learn more in our latest blog post here: https://lnkd.in/gFnZRSDj ?

??Exciting News from OpenPool: We’ve launched our NEW DeFi Attribution Product! ?? Today, we're thrilled to announce the launch of OpenPool's DeFi Attribution Data, an essential tool for anyone who needs to quickly identify DeFi smart contracts and events. Gone are the days of tedious searches through block explorers to decode smart contract addresses and function signatures. OpenPool's latest offering allows you to subscribe to our extensive EVM smart contract and function signature datasets. With over 50K smart contract names and over 1 million function signature names already, our data coverage spans the broad spectrum of EVM DeFi. But here's the best part: we update both datasets daily! As the DeFi landscape grows, so does our data, providing you with an ever-expanding resource to enhance your operations. How can you leverage this data? 1?? Identify EVM DeFi protocols from 0x addresses 2?? Decode function names by signature or tx hash 3?? Enhance AI models with contextual data Ready to dive in? Sign up on our Plans page after creating a Free account at https://lnkd.in/gDwuEnEt - cancel online anytime, no questions asked. For more details and links to our API and SDK documentation, see our full blog post here: https://lnkd.in/gPWVQq8C #DeFi #Blockchain #SmartContracts #DataAnalytics #OpenPool #Innovation #TechLaunch

?? Impressive line-up at Day 1 of the VanEck USC Blockchain Conference, but the highlight was Anatoly Yakovenko’s compelling talk.? Here’s what he had to say: ?? On Solana’s Resilience: Solana inadvertently built a culture of "eating glass", attracting developers who self-selected for the “pain” of building in Rust. This naturally cultivated a community of resilience.? Sometimes, the toughest challenges forge the strongest communities. ?? On Memecoins: There’s $100B in mobile in-game spend per year.? Why shouldn’t there be a market for memecoins? ?? Startup Gems: Anatoly shared three invaluable pieces of advice for startups: 1?? Focus on Building What’s Difficult: Often, your unique challenge is also your unique selling point. 2???Maintain a Lean Team: Agility and flexibility can be your greatest assets. 3?? Ensure Financial Stability: Aim for 24-36 months of runway to weather any storm. #Blockchain #Solana #Entrepreneurship #Innovation #VanEck #USC #Startups

Well, that’s a wrap for #ETHDenver2024 - we were blown away by all the good energy!? This event was a testament to the thriving pulse of the blockchain community and a peek into the #onchain future of #DeFi, RWA and beyond. Some highlights: ?? The Power of Connection: Meeting our customers IRL was beyond rewarding. Your support fuels our drive to innovate.????? ?? Collaboration is Key: The opportunity to meet and brainstorm with numerous new teams on emerging concepts in liquid restaking, ZK, and more was exhilarating. Let's keep the conversations going! ?? Next Phase for OpenPool: Witnessing how our services resonated with both seasoned investors and newcomers alike underscored the potential of DeFi, and OpenPool’s role in the next wave of adoption. ?? It All Comes Back to Community: Hanging with friends and partners in some of Denver's most iconic spots reminded us of the strong community bonds that underpin our ecosystem. ?? Advancing DeFi in the U.S.: Engaging in meaningful discussion with Hester Pierce on the future of DeFi in the U.S. was a highlight. Her openness and enthusiasm for blockchain innovation left us feeling optimistic. Hoping we all carry the momentum from Denver forward! Definitive Entendre Finance Superform Labs Plume Network Loop Crypto expand.network Multibase Mesh Shield3 ether.fi Ansible Labs CoinRoutes Metaschool LedgerWorks Hedgehog #Blockchain #DLT #DeFi #Crypto #Innovation #RWA #Tokenization #ZK #LRT ?

?? Who's headed to #ETHDenver2024 next week? ??? We're excited to connect with fellow #BUIDLers in #DeFi and #RWA #tokenization Come meet our team and learn how our automated #DeFi accounting and investor reporting platform can save your team months of dev time and??????in hourly accountant fees. Send a message to Daphne Huang or Saahith Pochiraju to set up a meeting!

Resharing the summary and findings posted by John Wu from Ava Labs's recent partnership with Citi and WisdomTree Asset Management on the Avalanche #blockchain. While there are clear benefits to be gained from #tokenization , the findings also rightfully call out hurdles that will arise along the way: "However, the transition from traditional to digital infrastructure is complex. Tokenizing existing assets, issuing new assets on DLT networks, and changing the underlying administration technology bring operational challenges and associated costs." These are exactly the types of challenges that OpenPool is helping customers to tackle as we make this pivotal transition in our financial infrastructure. https://lnkd.in/gFPzPB5A