Helene’s damage to North Carolina’s Green River affects businesses that depend on it In western North Carolina, tubing, rafting and kayaking shops are assessing whether the rivers will be safe enough to open by next Summer following the devastating damage from the remnants of Hurricane Helene.

Helene’s damage to North Carolina’s Green River affects businesses that depend on it : NPR

But a summer of boredom... That’s when three teenagers from the lake area created their business based off something that they never see get cleaned... trashcans.

Summer boredom turns into business for three Lake Area teens

(Bloomberg) -- OpenAI is in talks to raise $6.5 billion from investors at a valuation of $150 billion, according to people familiar with the situation. Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago ...

OpenAI Fundraising Set to Vault Startup’s Valuation to $150 Billion

The best 4k gaming monitor we've tested is the Dell Alienware AW3225QF. It's a class-leading display with a QD-OLED panel and a 4k, 240Hz refresh rate.

The 4 Best 4k Gaming Monitors - Summer 2024: Reviews - RTINGS.com

Muddy trails and warm air are expected in the Adirondacks this <strong>summer</strong>, as scientists predict above-average temperatures and precipitation.

Muddy trails, warm air predicted for summer | Adirondack Explorer

Breaking news updates from the Beaumont Enterprise.

NOAA: Texas summer 2024 weather forecast

Summer

summer

Summer is over, but that doesn’t mean that the travel season has ended. Popular tourist destinations look differently in the fall when there are fewer tourists and more cold days. While it may seem off-putting, the fall season offers discounts and exciting deals for anyone who likes to travel. World Tourism Day is commemorated each year on September 27, so what better way to celebrate it than by exploring new locations? If you’re already in the middle of bag packing and trip planning, here are a few tips on how to make your travel even better. With your cell phone, you can plan your trip, book tickets and hotels, plan sightseeing and lunches, and be in touch with everyone you want. You’ve heard about Booking.com and Airbnb, but there are hundreds of mobile apps that will make your journeys less stressful and more memorable. We’ve shortened the list to 5 essential mobile apps that you’ll need on your vacations, whether you go hiking or sunbathing. Splitwise If you ever plan to go on a trip with your friends or significant other, download the Splitwise app. It keeps track of your shared expenses and helps organize your shared balance and split your charges in a few taps. With Splitwise, you’ll avoid the confusion in spending totals and repayments and finally focus on enjoying your well-deserved break. iScanner Unfortunately, traveling is often accompanied by rush. Amid the chaos, you might leave your belongings at home, in a hotel, or on the beach. You can easily replace a hat or headphones with a souvenir at your travel destination, but what about a passport, plane ticket, or other essential documents? Losing them may overshadow your vacation and force you to change plans. But there’s a solution: create an electronic copy of your documents with iScanner! The app allows you to always keep your files at hand and access them with a few taps. Another iScanner advantage is the new scan straightener feature that removes scan distortions and imperfections, making your documents better! Maps.me If  you are fond of exploring locations off the beaten track with only occasional access to the internet, you’d better have offline maps installed on your phone. My choice has always been Maps. my app. It helps find the best routes, breathtaking sights, gas stations, and unique dining places. You can also use it to plan your route. Mark the places you want to visit so that you don't miss anything! Voice Translator App Whether you are planning a trip to an exotic destination or Europe, you should keep in mind that locals may not speak English, and you will have to communicate in a foreign language. You may try explaining yourself with gestures, but isn’t it easier to have a mobile translator like Voice Translator always at hand? The app can translate real-time conversations on the spot, and you can use your camera for instant translation of images, photos, and even road signs. Voice Translator App supports 100+ languages working in speech-to-speech and text-to-text modes. Vivino Traveling is also about trying the delicacies of the local cuisine. You have ordered a glass of wine for a hearty dinner and want to learn more about the beverage. No need to spend the evening quizzing your waiter who knows very little English. Use Vivino, an app that helps you learn more about wine ratings, tasting notes, and even suggested food pairings!

5 Mobile Apps You Need For Your Next Summer Trip

Going to the movies is as popular as ever, though the experience itself is changing. Over 1 billion people visit movie theaters in the U.S. each year, and many are looking for a luxury experience they can’t replicate at home. Movie theaters’ luxury upgrades go beyond reclining seats and a full-service bar. Digital and 3D screens are growing in popularity while film-based screens are disappearing. Screens with dual laser projection deliver a picture with more vivid colors and greater contrast ratio, making images appear more dynamic, brighter, and livelier. Surround sound is getting more advanced as well. Many theaters install 64 strategically placed speakers, surrounding the viewers on all sides and from above. Not only are there more speakers, but the technology allows filmmakers to determine the apparent origin location of each sound, rather than assigning it to a specific speaker for a more immersive experience. While these advance make your theater experience more immersive, the underlying technology is scalable to home viewing as well. Most television and devices are capable of producing greater color variation and contrast than their firmware allows, but soon that will change. Manufacturers are already creating headphones that mimic the effects of theater-quality surround sound. However, these systems can be very costly, and unless you are planning to watch multiple movies at home every day the cost benefit of doing it yourself just isn’t there. Read this for more about how can create an affordable luxury experience: tech at the movies

How to Hack Your Summer Movie-going Experience

The world is getting not only hotter but also more humid. As a result of global increases in both temperature and specific humidity, heat stress is projected to intensify throughout the 21st century. Some of the regions most susceptible to dangerous heat and humidity combinations are also among the most densely populated. The combined scientific measure of heat and humidity is called wet-bulb temperature, which hardly ever crossed 32°C between 1985 and 2005. The nature of such heat waves has since changed because of rapidly growing greenhouse gas emissions, exacerbating climate change. India’s energy future could tip the scales of global climate change, but the extreme weather is already here. The Indo-Gangetic Plain, also known as the Indus-Ganga Plain and the North Indian River Plain, is one of the world’s most climate-sensitive regions. The wet-bulb temperatures currently touch 31°C, on average, one day every year. By the 2070s, these heat waves may become 100 to 250 times more frequent, said the study by Environmental Research Letters. It may breach 35°C, the maximum heat that humans can endure, giving rise to new diseases. And, air pollution has already made India slip to 177th position in green rankings. The people working outdoors with no access to air conditioning are more vulnerable to lower productivity, heat stroke and in the worse case, to death caused by heat than the people working indoors. Many of India’s poor farmers would fall in this category. In addition, any existing health problems, especially cardiovascular and respiratory conditions, make heat illness more likely. People without access to safe water will be particularly at risk of rapid dehydration in extreme heat waves. If greenhouse gas emissions are not cut, we would approach a time when every human outdoor activity would be impacted by the wet-bulb temperature.

What if summers in India turn 8-month long?

This story of summer started in a dull grey winter at home. Bored, I started lingering around channels and much like the Alice of Wonderland, stumbled into the wonderful world of . Little did I know, it was gonna be one of the best things that happened to me. Below is a story of bugs, PRs , repos, commits, and some more commits. But it is also a story of curiosity, learning, frustrations (a lot of it), resilience (more than you think) and some amazing amazing people of the community. If I have to sum it up for you, I couldn’t think of a way better than this. So here it goes… IRC FOSS Disclaimer: It was a long journey, hence the long blog. The Story #1: PICARD-851: Correctly update parent items on save I started out slow. Figuring things out. has a nicely organized and pretty in python. Something that I have always admired and what motivated me to contribute to this project. I went through and found something I figured I could fix. It took me a complete day to figure my head around the code. Although there was a time when I felt helpless and was about to lose my patience, I was finally able to find where the logic broke and fix it. It felt amazing making my first contribution to Picard. Picard code-base the tickets #7: PICARD-546,287: Add support for tag removal My first big pull request, where I was actually implementing a feature rather than fixing a bug. The entire pull request took a week to complete including the code reviews. I had to delve and add code across the file and tag handling module of Picard. #120: Return empty metadata instead of empty dictionary It was finally a month since I had started contributing to Picard. One of my biggest motivations to contributing regularly was by our org admin ruaok before the start of GSoC ’15. I wanted to hold myself to the same standard, and so I did: 1 PR a day. I was quickly fixing up as many tickets as I could, making sure I kept my mentor, zas’ hands full with code reviews. Everyday was exciting for me as I would skim through Jira looking for tickets I could fix for the day. I managed to fix over 20 tickets in my first month. this post #228: Add Picard 1.4 release notes It was Valentine’s Day and man oh man was it a memorable day for my code-valentine — Picard. We finally released a major Picard version after more than 2 years and over 1000 commits. I also got featured on the , something that made me feel really proud of all the work I had done so far. This was also the time that I had started to visualize how my project would look like. I started pitching proposals of a v2 for Picard and I got a lot of support for the direction that I wanted to head in. If you want a detailed look into what my final GSoC proposal looked like, . release blog post GSoC it can be seen on the MetaBrainz Community Forum #249: Merge pull request #632 from lalinsky/master A few days, later another surprise awaited me — I finally got push access to the main Picard repo. This was the first pull request I merged. This pull request along with was my first time foraying into the world of cross-platform issues. This I believe is the first OSX related bug I fixed, with help from and his trusty ol’ Mac. After hours of remote sessions on the Mac that luks had setup for me, we were finally able to resolve a that was affecting the OSX build. PR #633 luks nasty bug #279: Update Qt5 port This was around the time that I had started to work according to my proposal. We had already released Picard 1.4.1 to fix day 0 bugs that came with 1.4. The development efforts had started to shift toward Picard 2.0. : porting the entire code base to Qt5. The first major GSoC task was up It took and multiple subsequent patches to finally have Picard up and running on Qt5. Major challenges to this port was the lack of documentation on Apart from the PyQt porting guide, I also had to rely on the and figure out the equivalent python bindings. Lucky for me, the guys over at Riverbank (the people who made the PyQt bindings) have done a wonderful job at keeping the bindings as close to the C++ API as possible. This along with stack-overflow and the wonderfully documented Qt5 code, made the porting job much much easier. a mammoth of a pull-request porting for PyQt5. Qt5 porting guide written for C++ Another challenge that I faced was making sure that the above code passed tests on our CI. Picard uses Travis CI, which uses Ubuntu 14.04 containers to build the code. Unfortunately, 14.04 does not have the PyQt5 package for Py2 and building it from source takes forever. As a result, I had to dockerize the repo and run the tests in Ubuntu 16.04 in docker in a Trusty container over at Travis CI. Talk about code-ception. #280: Replace deprecated __builtin__ Next task on my GSoC checklist was equally big. I had to port all of the code to Python 3. I was targeting Python 3.5 for the port. Of much help to me this time were the Python tools, and . I used them to figure out the pieces of Python version 2 code that had been deprecated and to replace them with equivalent Python 3 code. Major part of the problems I faced here were encoding issues. And believe me, they only get magnified if your app is cross-platform and multilingual. pylint python-modernize Couple the above with PyQt5 behaving for Python 3 compared to Python 2, I had to plow through a lot of encoding/decoding/string/bytes issues. Pile (a Python audio tagging library that Picard depends on) on top of this mess and you have a recipe for an encoding/decoding disaster. slightly differently Mutagen After lots of string/byte fixes and banging my head against the wall this , I finally managed to port Picard to Python 3 with all tests passing. \o/ porting black magic code You can find all the above commits in . this massive PR #382: Update setup script to allow submitting pip packages Next, to weed out further bugs, I wanted as many alpha testers as possible. To make their task easier, I packaged Picard into a pip package and released it on . PyPi #393: PICARD-817: Enable high DPI support for Picard I further tackled the issue of Picard not rendering properly on High-DPI screens. This issue mainly affected our OSX users and with the port to Qt5, it was easy to alleviate. Although not mentioned explicitly in the Qt5 documentation, I was able to find a that helped me successfully implement it. Basically I needed to add up-scaled versions of the icons used by Picard in the Qt resources with a special suffix and Qt took care of the rest. couple of blog posts Since the upscaled version of the icons used by Picard were missing, I ended up myself. This was my first time with tweaking with Inkscape, but I think I managed fine. designing an entirely new icon-set for Picard #404: Add coverage reports for codacy Part of my GSoC project included testing the Picard code extensively. To help me get on with it, I set up on the Picard repository to display coverage and linting issues for all builds. This really helped with reviewing code and keeping contributions to the Picard repo clean and upto the quality that is expected. Coverage reports also allowed us to figure out which key pieces of Picard code was untested and target them to ensure there were as less regressions as possible. Codacy #442: Migrate code to json API My next big challenge was moving the webservice API calls from XML to JSON. Initally it meant refactoring the spaghetti code that was the Picard webservice module. I untangled the code and split it into an easy to add upon and classes. WebService APIHelper Next came the actual porting part. I had to manually figure out the differences in the JSON and XML outputs of all the APIs used by Picard (mainly the and the ). MusicBrainz API AcoustID API This port also helped in figuring out the parts of MB JSON API that were missing or behaving differently from the XML API. Bitmap, our resident MB developer was quick to fix blocking the transition to the JSON API for Picard. Picard switching to the JSON API also served as a good way to test our upcoming MB WebService 2.5, that is supposed to be JSON only. all the issues #485: Add appveyor config for windows tests Testing a cross-platform app means you need to get your hands dirty on all 3 OSes. Primarily a Linux user, I had to blindly write CI configs for Windows and OSX. For Windows testing, I have not yet found a better platform than . It is free for FOSS projects and down-right amazing in terms of queuing and build speeds. AppVeyor I didn’t have any options when it came to OSX builds. Although Travis does provide the functionality, the number of OSX containers available are scarce compared to the number of jobs that get submitted. As a result, I faced long queuing times which made the blindly-writing-configs-and-using-Travis-to-test part very difficult. I managed to do it with a wee bit of patience and the fact the OSX has bash. #500: Add v2 plugin manifest compatibility All was well and I was finally on the last step of my GSoC project. All that remained was tidying up the code, fixing any remaining bugs and switching to a more robust plugin packaging and distribution API. I wrote a CLI tool for the same, which you can find . here Link to all the above commits: 500 Commits of Summer Afterthoughts By some stroke of fate, my total commits to the Picard repository are exactly 500 in number as of this post. I shook my head in disbelief and amazement as I let it sink in. I have come a long, long way. During this entire journey, I have learnt a lot of new things: version control, making cross-platform desktop applications, proper unit-testing, i18n, CI, making CLI tools, designing APIs, documenting and reviewing code and most of all . writing modular, manageable and maintainable code Expectation Reality How it actually looked like Frankly, I would’ve never expected last year that would look so green. I have made over this year to FOSS. My coding skills have taken a giant leap from last year. I would recommend every coder to try and contribute to a large open-source project at least once during their lifetime. It teaches you a lot of things that can frankly never be taught anywhere else, and the entire experience is totally worth it! my GitHub 1200+ contributions GSoC is a marvellous platform to incubate contributors to the open-source world. I want to thank my mentor and my org admin for helping me throughout and making sure I had an amazing GSoC experience, and Google for making this possible. zas (Laurent Monin) ruaok (Robert Kaye) This has been an amazing opportunity for me. The community has been nothing short of wonderful to me and I am looking forward to contributing more to MetaBrainz and exploring other FOSS projects. MetaBrainz Originally published at blog.musicbrainz.org on August 31, 2017.

500 Commits of Summer: My story of FOSS and GSoC

TL;DR: It’s f*@king #amazing IMAGE COURTESY HLW INTERNATIONAL. PHOTO BY CHRIS COOPER Today marks the end of my 10th day as an Intern in Twitter’s New York office, and my oh my what a 10 days it has been. Amidst the excitement, warm welcomes, and busy #FlightSchool orientation, here are three things that stood out about the office that makes me unbelievably excited for the rest of the . summer It has become evident to me that truly cares about its interns’ professional development. Right off the bat, every intern is paired with a mentor and a manager who will guide he/she throughout the summer and be the first point of contact for all questions. My mentor and manager (shoutout to and ) have been super helpful and are clearly invested in me professionally, both at Twitter and beyond, which is amazing to see. They’re interested in my academic and career interests, and have made an effort to provide projects that align with them. Additionally, Twitter also offers hundreds of internal classes for employees and interns to expand their knowledge base during their down time while at work. They span from “Tableau Essentials” to “Mastering Technical Interviews for Engineers”, and any employee can sign up to teach a class on a topic they are knowledgeable about. During my first week, I took a great class on led by the that exposed me to how Twitter utilizes neural nets in its targeting and timeline products. I think it is wonderful to see strong commitments to employee development and training, and will definitely be taking more classes throughout the summer. Furthermore, these past 10 days has been filled with 1:1 chats and introductory meetings with employees across the country to address any and all of my questions. I have been encouraged to speak up, and was told early on that there are no stupid questions. Everyone I met with was generous with their time and eager to help explain confusing processes and concepts. There is a great learning atmosphere here at Twitter, and I am excited to see what the next 10 weeks will bring. The emphasis on professional development for students isn’t just a recruitment slogan. Twitter Lee Ash Deep Learning Cortex team On the outside the office may appear unimposing, but the facade quickly fades once you step inside the lobby. Twitter’s 12 story corporate headquarters is a gorgeous space adorned with art, open areas (no cubicles anywhere), tall windows, exposed brick, and filled with modern furniture straight out of a West Elm catalogue. Besides a fully stocked kitchen on most floors with craft beer, cold brew, and Rosé on tap, there is a basement speakeasy, a roomy cafeteria with ample natural light, and, of course, an entertainment space with arcade games and a ping pong table. The office doesn’t feel like an office, and work doesn’t feel like work. West 17th Street PC: KENDREK LYONS (@KENDREK). PC: KENDREK LYONS (@KENDREK). Basement Speakeasy. PC: Chris Cooper. A typical (free!) lunch at Twitter. PC: KENDREK LYONS (@KENDREK). In addition to the comfortable atmosphere of the office that makes it hard to leave, the culture itself is friendly and inviting making work, dare I say, fun? For example, every Thursday starting at 3:30pm a Drink Cart with some delicious alcoholic concoction is brought around as a preemptive celebration for the upcoming weekend (unfortunately, you must be 21+ to take part, aka not me). There are also a bunch of groups employees can join around personal hobbies (my favorites are “Twitter Movie Buffs”, “Foosball”, and “Hip Hop”). Interns are privileged to organized outings as well. My calendar for the rest of the summer includes paint balling, food tour, Amateur Night at , Yankees game, , Dinner at the , and more. Fun fun fun. Chelsea Market The Apollo Escape the Room Frying Pan It is no secret many of Silicon Valley’s biggest companies struggle with creating an inclusive and diverse culture. From my experiences thus far, Twitter seems well aware of this fact and actively working to be a force of change. In one of my first orientations, I learned about the Twitter Employee Resource Groups (ERGs). ERGs are internal affinity groups for underrepresented Twitter employees and allies. Different groups include (employees of Latino and Latin American descent and allies), , , , , (for Veterans, Service Members, and Military Families), and (for employees with children). Beyond access to these support organizations, all employees, including interns, are also required to undergo “Inclusion & Unconscious Bias” training as part of initiatives to support diversity imperatives. And just today, bathroom signage was updated to include signs that read “self-identified [wo]men and gender diversity is welcome here”. I’m proud to be working at such a progressive company, and I hope Twitter will become a model for other tech companies to emulate. 3. The commitment to diversity is real. TwitterAlas BlackBirds TwitterOpen TwitterWomen TwitterAsians Stripes TwitterParents I definitely feel incredibly lucky to be working at Twitter, and I highly encourage other students to apply for the next summer. It truly is an awesome company. Plus, you get paid to go on Twitter. What more could you want? You can reach me on Twitter @dtao114 or email me at Dtao114@berkeley.edu. Thanks for reading!

My first 10 days @Twitter NYC

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All of HackerNoon’s writing templates can be found right after you click the “Start Writing” button next to the “Start Draft” box. You can search for whatever templates you’d like and also see a pinned list of our favorites along with any ongoing contest templates. We have templates for AI, gaming, web development, listicles, and more! If you ever think we should have a template for a particular topic, let us know, and we’ll get working on it. Already a template pro? Take the following templates out for a spin and see if you can land a spot on the HackerNoon front page! 10 Programming Languages Beginners Should Try AP Style Reporting Keeping Yourself Safe in Cyberspace Already a template pro? Take the following templates out for a spin and see if you can land a spot on the HackerNoon front page! Already a template pro? 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**SINGAPORE, Singapore, July 2nd, 2024/Chainwire/--**SynFutures, the onchain perp protocol for listing and trading any asset, is now live on Coinbase's L2 network Base. Users can now trade and provide liquidity on SynFutures V3 via Base while earning SynFutures' Oyster Odyssey (O_O) points. Additionally, SynFutures will release a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand community asset listings and reward meme communities on Layer 2. SynFutures' multichain expansion to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in less than four months, cementing it as the top perpetual DEX across all chains and one of the most active DeFi dApps in Web3. With its industry-leading Oyster AMM, which combines a concentrated liquidity model and an onchain orderbook, SynFutures aims to bring the ultimate onchain futures and perps experience for any asset to the Base ecosystem. Launch Partners and Meme Perp Summer SynFutures has teamed up with some of the top projects in the space, listing tokens from SocialFi giant Degen and Web3 gaming protocol Iskra, among others, to kick off Meme Perp Summer. Among the new asset pairs are: $DEGEN/WETH
$CHOMP/WETH
$BOOMER/WETH
$ISK/WETH In addition to popular memecoins, SynFutures will list liquid staking derivatives (LSD) assets and liquid staking tokens (LRTs), crucial in bringing liquidity and organic yield to the onchain space. Listed LSD and LRT asset pairs include: wstETH/ETH from Lido
weETH/ETH from ether.fi
wrsETH/ETH from Kelp DAO SynFutures is utilizing Chainlink, a decentralized blockchain oracle network, to provide integral price oracle infrastructure for our deployment on Base. Fee Promotion for Major Asset Pairs As part of Meme Perp Summer, SynFutures is launching a limited-time promotion across all networks on major pairs, such as the BTC and ETH pairs. Starting on July 1, 2024, SynFutures team is reducing the trading (taker) fee for major pairs from 3 basis points (bps) to just 2 bps. Additionally, to simplify the trading experience, all traders will enjoy the benefits of the highest-level VIP fee during this promotional period. Expansion of Oyster Odyssey Points SynFutures also reaffirms to Blast users that the O_O points gained during the Blast Season will not be diluted by the Base launch. The overall pool has been increased. Rewards distributed on Base will be separate from and in addition to those on Blast. About SynFutures SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and Permissionless Onchain Orderbook. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $100 billion in trading volume since its launch in 2021. Users can learn more by visiting: Website | YouTube | X | Discord | Telegram | Github Contact Mark Lee mark.lee@synfutures.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. **SINGAPORE, Singapore, July 2nd, 2024/Chainwire/--**SynFutures, the onchain perp protocol for listing and trading any asset, is now live on Coinbase's L2 network Base. Users can now trade and provide liquidity on SynFutures V3 via Base while earning SynFutures' Oyster Odyssey (O_O) points. Additionally, SynFutures will release a series of new listings over the next several weeks as part of Meme Perp Summer. a six-week campaign blitz to expand community asset listings and reward meme communities on Layer 2. Meme Perp Summer. Meme Perp Summer. SynFutures' multichain expansion to Base comes as SynFutures V3 on Blast surpasses $100 billion in cumulative trading volume in less than four months, cementing it as the top perpetual DEX across all chains and one of the most active DeFi dApps in Web3. With its industry-leading Oyster AMM , which combines a concentrated liquidity model and an onchain orderbook, SynFutures aims to bring the ultimate onchain futures and perps experience for any asset to the Base ecosystem. top perpetual DEX top perpetual DEX Oyster AMM Oyster AMM Launch Partners and Meme Perp Summer SynFutures has teamed up with some of the top projects in the space, listing tokens from SocialFi giant Degen and Web3 gaming protocol Iskra, among others, to kick off Meme Perp Summer. Among the new asset pairs are: $DEGEN/WETH $CHOMP/WETH $BOOMER/WETH $ISK/WETH $DEGEN/WETH $CHOMP/WETH $BOOMER/WETH $ISK/WETH In addition to popular memecoins, SynFutures will list liquid staking derivatives (LSD) assets and liquid staking tokens (LRTs), crucial in bringing liquidity and organic yield to the onchain space. Listed LSD and LRT asset pairs include: wstETH/ETH from Lido weETH/ETH from ether.fi wrsETH/ETH from Kelp DAO wstETH/ETH from Lido weETH/ETH from ether.fi wrsETH/ETH from Kelp DAO SynFutures is utilizing Chainlink, a decentralized blockchain oracle network, to provide integral price oracle infrastructure for our deployment on Base. Fee Promotion for Major Asset Pairs As part of Meme Perp Summer, SynFutures is launching a limited-time promotion across all networks on major pairs, such as the BTC and ETH pairs. Starting on July 1, 2024, SynFutures team is reducing the trading (taker) fee for major pairs from 3 basis points (bps) to just 2 bps. Additionally, to simplify the trading experience, all traders will enjoy the benefits of the highest-level VIP fee during this promotional period. Expansion of Oyster Odyssey Points SynFutures also reaffirms to Blast users that the O_O points gained during the Blast Season will not be diluted by the Base launch. The overall pool has been increased. Rewards distributed on Base will be separate from and in addition to those on Blast. About SynFutures SynFutures is a decentralized perpetual futures protocol that facilitates open and transparent trading on any assets and listings instantly. The V3 Oyster AMM launched the industry’s first-ever unified AMM and Permissionless Onchain Orderbook. Backed by top investors like Pantera, Polychain, Standard Crypto, Hashkey, and more, SynFutures has processed more than $100 billion in trading volume since its launch in 2021. Users can learn more by visiting: Website | YouTube | X | Discord | Telegram | Github Website Website YouTube YouTube X X Discord Discord Telegram Telegram Github Github Contact Mark Lee mark.lee@synfutures.com This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed as a release by Chainwire under HackerNoon’s Business Blogging Program. Learn more about the program here . here here

SynFutures V3 Goes Live On Base, Launches Meme Perp Summer

As part of its continuous effort to grow a vibrant community of traders and crypto-savvy people, BitDelta is launching yet another trading competition, with an overall prize pool of $50,000. Campaign Period: June 10 - June 24, 2024 The competition is open to both existing and new users, and the top 15 traders will have the chance to win a share of $50,000. Here’s what you need to do to take part in the competition: Sign up and get verified if you are new to BitDelta.
Complete basic KYC.
Deposit a minimum of $50 into your spot wallet.
Make at least 5 trades on the selected asset pairs. Tokens to Trade BitDelta is kicking off the summer season in style, with the most popular spot pairs to be traded: Bitcoin (BTC/USDT)


Ethereum (ETH/USDT)


Solana (SOL/USDT)


Ripple (XRP/USDT)


Avalanche (AVAX/USDT) Winners will be selected based on the following criteria: KYC status, trading volume, and compliance with T&Cs. It is important to note that BitDelta is not directly or indirectly associated with the promotion of any of the mentioned tokens - specifically BTC, ETH, SOL, XRP, and AVAX. BitDelta holds no vested interest in their respective protocols or liquidity pools. The campaign is strictly for spot trading of the mentioned token pairs on BitDelta. It does not involve or promote any underlying associations with these tokens’ liquidity pools or the broader protocols of Solana Blockchain or Ripple. The AVAX token campaign is limited to spot trading and does not engage with or endorse its lending-based DeFi aspects. Always consider the security disclaimers and the volatile nature of these tokens when trading. About BitDelta BitDelta is a versatile trading platform that caters to both retail and institutional traders. It allows users to trade a wide range of assets including cryptocurrencies, stocks, forex, and derivatives. The platform offers a comprehensive trading experience through a range of features including but not limited to: • Spot Trading • Derivatives Trading • Buy Crypto with Card • Token Launchpad Services • SafePass With a focus on security, BitDelta offers robust encryption and institutional-grade protection to safeguard user transactions and data. The platform is designed to provide a seamless trading experience, supporting cross-asset trading and offering features like algo trading and more. BitDelta, as an offshore regulated platform, is dedicated to enhancing user engagement and investment capabilities across multiple financial markets. To learn more about BitDelta, visit: Website | X | Telegram | Instagram | LinkedIn As part of its continuous effort to grow a vibrant community of traders and crypto-savvy people, BitDelta is launching yet another trading competition, with an overall prize pool of $50,000. As part of its continuous effort to grow a vibrant community of traders and crypto-savvy people, BitDelta is launching yet another trading competition, with an overall prize pool of $50,000. Campaign Period: June 10 - June 24, 2024 Campaign Period: June 10 - June 24, 2024 The competition is open to both existing and new users, and the top 15 traders will have the chance to win a share of $50,000. Here’s what you need to do to take part in the competition: Sign up and get verified if you are new to BitDelta. Complete basic KYC. Deposit a minimum of $50 into your spot wallet. Make at least 5 trades on the selected asset pairs. Sign up and get verified if you are new to BitDelta. Sign up Sign up Complete basic KYC. Deposit a minimum of $50 into your spot wallet. Make at least 5 trades on the selected asset pairs. Tokens to Trade BitDelta is kicking off the summer season in style, with the most popular spot pairs to be traded: Bitcoin (BTC/USDT) Ethereum (ETH/USDT) Solana (SOL/USDT) Ripple (XRP/USDT) Avalanche (AVAX/USDT) Bitcoin (BTC/USDT) Bitcoin (BTC/USDT) Bitcoin Bitcoin Ethereum (ETH/USDT) Ethereum (ETH/USDT) Ethereum Ethereum Solana (SOL/USDT) Solana (SOL/USDT) Solana Solana Ripple (XRP/USDT) Ripple (XRP/USDT) Ripple Ripple Avalanche (AVAX/USDT) Avalanche (AVAX/USDT) Avalanche Avalanche Winners will be selected based on the following criteria: KYC status, trading volume, and compliance with T&Cs. It is important to note that BitDelta is not directly or indirectly associated with the promotion of any of the mentioned tokens - specifically BTC, ETH, SOL, XRP, and AVAX. BitDelta holds no vested interest in their respective protocols or liquidity pools. The campaign is strictly for spot trading of the mentioned token pairs on BitDelta. It does not involve or promote any underlying associations with these tokens’ liquidity pools or the broader protocols of Solana Blockchain or Ripple. The AVAX token campaign is limited to spot trading and does not engage with or endorse its lending-based DeFi aspects. Always consider the security disclaimers and the volatile nature of these tokens when trading. About BitDelta About BitDelta BitDelta is a versatile trading platform that caters to both retail and institutional traders. It allows users to trade a wide range of assets including cryptocurrencies, stocks, forex, and derivatives. The platform offers a comprehensive trading experience through a range of features including but not limited to: BitDelta BitDelta • Spot Trading • Derivatives Trading • Buy Crypto with Card • Token Launchpad Services • SafePass With a focus on security, BitDelta offers robust encryption and institutional-grade protection to safeguard user transactions and data. The platform is designed to provide a seamless trading experience, supporting cross-asset trading and offering features like algo trading and more. BitDelta, as an offshore regulated platform, is dedicated to enhancing user engagement and investment capabilities across multiple financial markets. To learn more about BitDelta, visit: Website | X | Telegram | Instagram | LinkedIn Website Website X X Telegram Telegram Instagram Instagram LinkedIn LinkedIn

Celebrate the Start of Summer With BitDelta’s Trade-a-Thon

বিটডেল্টার ট্রেড-এ-থনের সাথে গ্রীষ্মের শুরু উদযাপন করুন

Feiern Sie den Sommeranfang mit BitDeltas Trade-a-Thon

Celebre el comienzo del verano con el Trade-a-Thon de BitDelta

Célébrez le début de l'été avec le Trade-a-Thon de BitDelta

बिटडेल्टा के ट्रेड-ए-थॉन के साथ गर्मियों की शुरुआत का जश्न मनाएं

BitDelta の Trade-a-Thon で夏の始まりを祝いましょう

BitDelta의 Trade-a-Thon으로 여름의 시작을 축하하세요

Comemore o início do verão com o Trade-a-Thon da BitDelta

Отпразднуйте начало лета с помощью Trade-a-Thon от BitDelta

Yaz Başlangıcını BitDelta'nın Trade-a-Thon'uyla Kutlayın

Chào mừng sự khởi đầu của mùa hè với Trade-a-Thon của BitDelta

与 BitDelta 的 Trade-a-Thon 一起庆祝夏季的开始

As the summer season draws near, influencers are presented with a golden opportunity to capitalize on the increased consumer activity across diverse niches—from travel and home decor to the ever-popular fashion and beauty sectors. By strategically leveraging retail peaks and incorporating global events like the UEFA Euro and the Summer Olympics, influencers can significantly resonate with audiences and maximize their promotional impact. How to do it right? Strategic alignment with seasonal peaks The late spring and summer seasons are packed with retail events such as Mother's Day, Father's Day, Memorial Day, July 4th, and the back-to-school season. Each provides unique promotional opportunities. Insights from last year's NRF report indicate that American consumers spent an average of $196 on Father’s Day and $274 on Mother’s Day, with 43% of these shoppers turning to online platforms for their purchases. These statistics highlight that influencers should leverage these peak times to boost their earnings. Integrating real-time marketing Real-time marketing has proven to be a powerful tool for enhancing the viral potential of posts. By commenting on daily situations or trending events, influencers can significantly boost engagement. The excitement surrounding events like the UEFA Euro and the Summer Olympics can be channeled into themed content that not only enhances engagement on the day of posting but also supports future collaborations. Cultivating ongoing brand partnerships As brands increasingly value long-term commitments with influencers who align with their company values, moving beyond one-off promotional posts to seek sustained partnerships can foster deeper trust and credibility with audiences. This approach allows for a more integrated presentation of how products fit into lifestyle narratives, significantly boosting conversion rates. Adoption of AI-generated content With the adoption of advanced AI tools in 2023, influencers have powerful technologies at their disposal to streamline content creation. These tools enable rapid production of engaging ad copy and AI-powered visuals, allowing influencers to quickly adapt to market trends and increase the number of produced content. However, using tools like ChatGPT or Midjourney comes with downsides; poor-quality content can quickly diminish an influencer’s credibility. It is advisable either to inform the audience about the use of these tools or to ensure the content meets high standards. Maintaining a human touch in your content is becoming increasingly crucial as technology saturates the market. Multi-platform and video content strategy Influencers should look beyond single-platform presence and instead expand their reach across multiple social media channels. This diversified approach not only broadens the audience but also maximizes overall reach, providing opportunities to promote different products to varied demographics. Tailoring content to the specific characteristics of each platform, while maintaining a unified brand voice, is essential for effective communication. 2023 data from ConvertSocial's affiliate network underscores the important difference in average order values across social media platforms—$34 for Messengers, $25 for Instagram, and $24 for Twitter. This discrepancy highlights that while Messengers might be ideal for promoting sports or beauty products, they may not yield the same results for fashion blogging. Further analysis from the network indicates top-performing categories, with Fashion leading at 17.9%, followed by Home & Garden at 12.9%, Mother & Kids at 11.6%, Sports & Entertainment at 10%, and Electronics at 9.7%. This suggests that influencers specializing in these categories can achieve more targeted and effective campaigns rather than those with a general lifestyle focus. Video content continues to be a dominant force in social media engagement, particularly on platforms like TikTok and Instagram Reels. TikTok, with nearly 2 billion active users monthly, reported a 55% increase in sales growth last year through the ConvertSocial affiliate network, demonstrating its strong engagement with younger demographics. Influencers should focus on producing short-form video content that embodies the spirit of summer—from quick DIY projects to travel vlogs—thereby enhancing viewer engagement and creating a personal connection with the audience. Leveraging trend-specific hashtags Using strategic, summer-themed hashtags can dramatically enhance content visibility. Influencers should perform thorough research to identify and utilize hashtags that resonate with their target audience, employing tools like Hashtagify and RiteTag to optimize hashtag performance. Interactive and Community-Building Content Building a strong community is essential in digital marketing for influencers to keep high conversions. Creating interactive content like polls, live Q&A sessions, and contests themed around summer can enhance engagement and strengthen community ties, making followers feel more connected to the influencer's brand. Providing exclusive promotions, such as discount codes or early-bird sales access, adds significant value to follower engagement, boosts loyalty, and increases the likelihood of conversions. Additionally, maintaining active engagement with the audience and monitoring key performance metrics such as engagement rates, conversion rates, and audience growth are critical for refining strategies and ensuring the success of marketing efforts. In conclusion, by strategically implementing these guidelines, influencers can effectively amplify their summer campaigns, ensuring they resonate with audiences and yield optimal results. This structured approach not only prepares influencers to tap into the summer's dynamic market but also positions them to maximize their impact and sales potential during this period. As the summer season draws near, influencers are presented with a golden opportunity to capitalize on the increased consumer activity across diverse niches—from travel and home decor to the ever-popular fashion and beauty sectors. By strategically leveraging retail peaks and incorporating global events like the UEFA Euro and the Summer Olympics, influencers can significantly resonate with audiences and maximize their promotional impact. How to do it right? Strategic alignment with seasonal peaks The late spring and summer seasons are packed with retail events such as Mother's Day, Father's Day, Memorial Day, July 4th, and the back-to-school season. Each provides unique promotional opportunities. Insights from last year's NRF report indicate that American consumers spent an average of $196 on Father’s Day and $274 on Mother’s Day, with 43% of these shoppers turning to online platforms for their purchases. These statistics highlight that influencers should leverage these peak times to boost their earnings. Integrating real-time marketing Real-time marketing has proven to be a powerful tool for enhancing the viral potential of posts. By commenting on daily situations or trending events, influencers can significantly boost engagement. The excitement surrounding events like the UEFA Euro and the Summer Olympics can be channeled into themed content that not only enhances engagement on the day of posting but also supports future collaborations. Cultivating ongoing brand partnerships As brands increasingly value long-term commitments with influencers who align with their company values, moving beyond one-off promotional posts to seek sustained partnerships can foster deeper trust and credibility with audiences. This approach allows for a more integrated presentation of how products fit into lifestyle narratives, significantly boosting conversion rates. Adoption of AI-generated content With the adoption of advanced AI tools in 2023, influencers have powerful technologies at their disposal to streamline content creation. These tools enable rapid production of engaging ad copy and AI-powered visuals, allowing influencers to quickly adapt to market trends and increase the number of produced content. However, using tools like ChatGPT or Midjourney comes with downsides; poor-quality content can quickly diminish an influencer’s credibility. It is advisable either to inform the audience about the use of these tools or to ensure the content meets high standards. Maintaining a human touch in your content is becoming increasingly crucial as technology saturates the market. Multi-platform and video content strategy Influencers should look beyond single-platform presence and instead expand their reach across multiple social media channels. This diversified approach not only broadens the audience but also maximizes overall reach, providing opportunities to promote different products to varied demographics. Tailoring content to the specific characteristics of each platform, while maintaining a unified brand voice, is essential for effective communication. 2023 data from ConvertSocial's affiliate network underscores the important difference in average order values across social media platforms—$34 for Messengers, $25 for Instagram, and $24 for Twitter. This discrepancy highlights that while Messengers might be ideal for promoting sports or beauty products, they may not yield the same results for fashion blogging. Further analysis from the network indicates top-performing categories, with Fashion leading at 17.9%, followed by Home & Garden at 12.9%, Mother & Kids at 11.6%, Sports & Entertainment at 10%, and Electronics at 9.7%. This suggests that influencers specializing in these categories can achieve more targeted and effective campaigns rather than those with a general lifestyle focus. Video content continues to be a dominant force in social media engagement, particularly on platforms like TikTok and Instagram Reels. TikTok, with nearly 2 billion active users monthly, reported a 55% increase in sales growth last year through the ConvertSocial affiliate network, demonstrating its strong engagement with younger demographics. Influencers should focus on producing short-form video content that embodies the spirit of summer—from quick DIY projects to travel vlogs—thereby enhancing viewer engagement and creating a personal connection with the audience. Leveraging trend-specific hashtags Using strategic, summer-themed hashtags can dramatically enhance content visibility. Influencers should perform thorough research to identify and utilize hashtags that resonate with their target audience, employing tools like Hashtagify and RiteTag to optimize hashtag performance. Interactive and Community-Building Content Building a strong community is essential in digital marketing for influencers to keep high conversions. Creating interactive content like polls, live Q&A sessions, and contests themed around summer can enhance engagement and strengthen community ties, making followers feel more connected to the influencer's brand. Providing exclusive promotions, such as discount codes or early-bird sales access, adds significant value to follower engagement, boosts loyalty, and increases the likelihood of conversions. Additionally, maintaining active engagement with the audience and monitoring key performance metrics such as engagement rates, conversion rates, and audience growth are critical for refining strategies and ensuring the success of marketing efforts. In conclusion, by strategically implementing these guidelines, influencers can effectively amplify their summer campaigns, ensuring they resonate with audiences and yield optimal results. This structured approach not only prepares influencers to tap into the summer's dynamic market but also positions them to maximize their impact and sales potential during this period.

Ways for Influencers to Maximize Summer Sales

With Bitcoin’s ETF approval and institutional participation set to reach record levels, particularly in liquid staking and Real World Assets (RWAs), the DeFi landscape is on the edge of a transformative shift towards a new era of financial innovation. The eventual approval of a Spot Ethereum ETF is expected to spur what could be the most significant DeFi Summer yet. This upcoming season will be different from the last, characterized by a surge in institutional investment across liquid staking (via Spot Ethereum ETFs), tokenization of RWAs, and sophisticated financial products. These developments are reshaping the DeFi investment landscape, with financial industry powerhouses like Goldman Sachs and JP Morgan leading the way. The approval of a Spot Ethereum ETF will attract liquidity into the liquid staking sector and the DeFi ecosystem Ethereum’s edge over Bitcoin is its staking feature, enabling investors to earn yield. While a Spot Bitcoin ETF primarily offers a more accessible means for institutions to hold Bitcoin, an ETH ETF would extend this accessibility to liquid staking. This is expected to open new revenue streams for issuers and provide retail investors with opportunities to participate in staking without directly owing ETH, thereby easing entry into the crypto market and appealing to a broader range of investors. The liquid staking sector has already garnered attention from institutions, recognizing its advantages over traditional yield-earning methods like bonds. In liquid staking, investors can maintain liquidity through Liquid Staking Tokens (LSTs) even as their assets are staked and “locked up”. Historical trends suggest that institutional engagement in liquid staking will likely increase following the approval of a Spot Ethereum ETF. For example, following the Shanghai Upgrade, the largest staking platform for institutional investors recorded triple the number of deposits from the previous month, as it enabled the withdrawal of staked ETH for the first time. The approval of an ETH ETF is expected to amplify this interest, offering institutions a more straightforward entry point into Ethereum without the complexities of crypto exposure. Beyond liquid staking, an ETH ETF would benefit the entire DeFi ecosystem. Ethereum’s role as the backbone of DeFi means that increased institutional investment in its consensus layer, facilitated by staked ETH ETFs, could lead to broader interest in other DeFi sectors. Institutions, always in pursuit of new revenue opportunities, may be inspired by their successes in liquid staking to explore other areas like synthetic assets, and derivatives. The Tokenization of RWAs will attract the greatest levels of liquidity RWAs are already acting as a crucial link between traditional finance and the transformative blockchain sector. Witnessing an unprecedented rise, RWAs have grown from $100 million to $1 billion within just a year and are now in the position to become the eighth-largest sector in DeFi, surpassing even derivatives. This growth trajectory is attracting significant institutional interest, with notable examples including BlackRock offering tokenized shares, Goldman Sachs issuing €100M in digital bonds, and the US T-bills market reaching a valuation of US$617M. Despite their potential, DeFi yields often fall short in competing with the security of Treasury bills in the current environment, making investor attraction challenging. However, tokenization is emerging as a more effective method for unlocking liquidity compared to traditional forms of fractionalization. The integration of traditional assets with Web3 technology is a compelling real-world application of blockchain that cannot be ignored. As the market gears up for the next bull run, the adoption of tokenization is expected to gain momentum, particularly among institutional investors. Similar to the impact of liquid staking, the practical benefits of tokenization of RWAs are likely to spur increased institutional interest across DeFi sectors. As the financial landscape gears up for a significant expansion, monitoring the protocols and infrastructure that facilitate this transition becomes crucial, and in this scenario, RWAs are set to play a central role. Tokenization will allow more sophisticated products to come to fruition The ongoing evolution of tokenization is set to transform the realm of staking, broadening its reach to encompass traditional financial instruments like T-bills and bonds. This convergence of Web3 technology with traditional finance is set to simplify institutional entry, thereby drawing in more liquidity. In a financial landscape where interest rates are on a downward trajectory and liquidity is shifting towards more speculative markets, digital assets stand to experience substantial growth. This shift is leading investors to recognize the potential to access a comprehensive range of opportunities in a single location. For instance, tokenized treasury bonds offer monetary premiums while also allowing participation in liquidity pools and engagement in lending markets, providing exposure to high-yield opportunities, within the decentralized finance space, with assets like $ETH being prime examples. As the crypto industry and its offerings continue to develop, so does the sophistication of its user base. Today’s users, with their increasingly complex financial needs, are driving the market towards more mature offerings. There is a growing demand for sophisticated structured products built on yield-bearing assets, offering greater liquidity and more diverse investment options. Conclusion The approval of the Spot Bitcoin ETF was momentous. However, it serves primarily as a precursor to the approval of a Spot Ethereum ETF which is set to be the true catalyst for the coming DeFi Summer. With institutional backing, the TVL of the liquid staking sector is anticipated to increase. Institutions that are eager to capitalize on Ethereum’s yield-generating potential are expected to play a more active role in Ethereum’s consensus layer, thus deepening their involvement across the DeFi ecosystem. At the same time, the tokenization of RWAs is emerging as a dominant sector within DeFi. Already gaining momentum, institutions are recognising the advantages of tokenization over traditional fractionalization methods, particularly in its capacity to enable the creation of sophisticated financial products. The Bitcoin ETF approval has provided the necessary validation for this blockchain application, propelling it to the next level. This integration of Web3 technology with traditional financial instruments, such as T-Bills and bonds, is set to draw more institutional players into the DeFi space, further boosting liquidity and innovation. As we stand on the brink of these groundbreaking developments, the DeFi landscape is not only poised for growth but for a complete transformation, signaling a new era of financial innovation and opportunity. With Bitcoin’s ETF approval and institutional participation set to reach record levels, particularly in liquid staking and Real World Assets (RWAs), the DeFi landscape is on the edge of a transformative shift towards a new era of financial innovation. The eventual approval of a Spot Ethereum ETF is expected to spur what could be the most significant DeFi Summer yet. This upcoming season will be different from the last, characterized by a surge in institutional investment across liquid staking (via Spot Ethereum ETFs), tokenization of RWAs, and sophisticated financial products. These developments are reshaping the DeFi investment landscape, with financial industry powerhouses like Goldman Sachs and JP Morgan leading the way. Bitcoin’s ETF approval institutional participation Ethereum ETF The approval of a Spot Ethereum ETF will attract liquidity into the liquid staking sector and the DeFi ecosystem Ethereum’s edge over Bitcoin is its staking feature, enabling investors to earn yield. While a Spot Bitcoin ETF primarily offers a more accessible means for institutions to hold Bitcoin, an ETH ETF would extend this accessibility to liquid staking. This is expected to open new revenue streams for issuers and provide retail investors with opportunities to participate in staking without directly owing ETH, thereby easing entry into the crypto market and appealing to a broader range of investors. The liquid staking sector has already garnered attention from institutions, recognizing its advantages over traditional yield-earning methods like bonds. In liquid staking, investors can maintain liquidity through Liquid Staking Tokens (LSTs) even as their assets are staked and “locked up”. Historical trends suggest that institutional engagement in liquid staking will likely increase following the approval of a Spot Ethereum ETF. For example, following the Shanghai Upgrade, the largest staking platform for institutional investors recorded triple the number of deposits from the previous month , as it enabled the withdrawal of staked ETH for the first time. The approval of an ETH ETF is expected to amplify this interest, offering institutions a more straightforward entry point into Ethereum without the complexities of crypto exposure. the largest staking platform for institutional investors recorded triple the number of deposits from the previous month the largest staking platform for institutional investors recorded triple the number of deposits from the previous month Beyond liquid staking, an ETH ETF would benefit the entire DeFi ecosystem. Ethereum’s role as the backbone of DeFi means that increased institutional investment in its consensus layer, facilitated by staked ETH ETFs, could lead to broader interest in other DeFi sectors. Institutions, always in pursuit of new revenue opportunities, may be inspired by their successes in liquid staking to explore other areas like synthetic assets, and derivatives. The Tokenization of RWAs will attract the greatest levels of liquidity The Tokenization of RWAs will attract the greatest levels of liquidity RWAs are already acting as a crucial link between traditional finance and the transformative blockchain sector. Witnessing an unprecedented rise, RWAs have grown from $100 million to $1 billion within just a year and are now in the position to become the eighth-largest sector in DeFi, surpassing even derivatives. This growth trajectory is attracting significant institutional interest, with notable examples including BlackRock offering tokenized shares, Goldman Sachs issuing €100M in digital bonds, and the US T-bills market reaching a valuation of US$617M. Despite their potential, DeFi yields often fall short in competing with the security of Treasury bills in the current environment, making investor attraction challenging. However, tokenization is emerging as a more effective method for unlocking liquidity compared to traditional forms of fractionalization. The integration of traditional assets with Web3 technology is a compelling real-world application of blockchain that cannot be ignored. As the market gears up for the next bull run, the adoption of tokenization is expected to gain momentum, particularly among institutional investors. Similar to the impact of liquid staking, the practical benefits of tokenization of RWAs are likely to spur increased institutional interest across DeFi sectors. As the financial landscape gears up for a significant expansion, monitoring the protocols and infrastructure that facilitate this transition becomes crucial, and in this scenario, RWAs are set to play a central role. Tokenization will allow more sophisticated products to come to fruition Tokenization will allow more sophisticated products to come to fruition The ongoing evolution of tokenization is set to transform the realm of staking, broadening its reach to encompass traditional financial instruments like T-bills and bonds. This convergence of Web3 technology with traditional finance is set to simplify institutional entry, thereby drawing in more liquidity. In a financial landscape where interest rates are on a downward trajectory and liquidity is shifting towards more speculative markets, digital assets stand to experience substantial growth. This shift is leading investors to recognize the potential to access a comprehensive range of opportunities in a single location. For instance, tokenized treasury bonds offer monetary premiums while also allowing participation in liquidity pools and engagement in lending markets, providing exposure to high-yield opportunities, within the decentralized finance space, with assets like $ETH being prime examples. As the crypto industry and its offerings continue to develop, so does the sophistication of its user base. Today’s users, with their increasingly complex financial needs, are driving the market towards more mature offerings. There is a growing demand for sophisticated structured products built on yield-bearing assets, offering greater liquidity and more diverse investment options. Conclusion The approval of the Spot Bitcoin ETF was momentous. However, it serves primarily as a precursor to the approval of a Spot Ethereum ETF which is set to be the true catalyst for the coming DeFi Summer. With institutional backing, the TVL of the liquid staking sector is anticipated to increase. Institutions that are eager to capitalize on Ethereum’s yield-generating potential are expected to play a more active role in Ethereum’s consensus layer, thus deepening their involvement across the DeFi ecosystem. At the same time, the tokenization of RWAs is emerging as a dominant sector within DeFi. Already gaining momentum, institutions are recognising the advantages of tokenization over traditional fractionalization methods, particularly in its capacity to enable the creation of sophisticated financial products. The Bitcoin ETF approval has provided the necessary validation for this blockchain application, propelling it to the next level. This integration of Web3 technology with traditional financial instruments, such as T-Bills and bonds, is set to draw more institutional players into the DeFi space, further boosting liquidity and innovation. As we stand on the brink of these groundbreaking developments, the DeFi landscape is not only poised for growth but for a complete transformation, signaling a new era of financial innovation and opportunity.

Stories, News & Mentions about SUMMER

Summer’s Stories on HackerNoon

Summer's News & Mentions