EthHub Weekly #198

Polygon introduces Plonky2, OpenSea raises $300 million, Connext and LayerSwap partner up and much more!

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Curated by Anthony Sassano (@sassal0x) and Eric Conner (@econoar)

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🐻 To Bear or Not to Bear

It seems that what’s on everyone’s mind right now is if the crypto markets are going into another long-term bear market similar to what we experienced in 2018 and 2019. Personally, I don’t think this is going to happen and I believe the recent sell-off is mostly macroeconomic driven (something that I’m certainly no expert in). There’s just too many things to be bullish about when it comes to Ethereum - the layer 2 rollout, the merge, DeFi, NFTs and so much more - and because of this I think ETH is undervalued at these prices (and I continue to buy more whenever I can). Of course, that isn’t investment advice, but you need only pay attention to see why it’s impossible to be bearish on Ethereum and ETH.

Have a great week everyone!
- Anthony

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Project Updates

Ethereum

• Kintsugi merge testnet split recap

• Vitalik’s multidimensional EIP 1559

Layer 2/Scaling/Bridging

• Polygon introduces Plonky2 - world’s fastest ZK scaling tech

• Orbiter launches ETH transfers between mainnet, Arbitrum and zkSync

• Phonon Alpha: Getting Started

• Connext and LayerSwap partner up

• Loopring Quarterly Update (Q4) + 2021 Recap

DeFi

• Vesta Finance announces fundraise

• Index Coop launches Bankless GMI index

• Squeeth now live on mainnet

• Aave Arc market launched with 30 regulated financial institutions

• Introducing the mStable Dashboard

• Euler launches $1M ImmuneFi Bug Bounty Programme

Infrastructure/Wallets/General Tooling

• ENS.Tools announced

NFTs

• OpenSea announces $300 million Series C

• JPG announces $3.8 million fundraise

Misc

• Etherscan adds charts to ERC20 token pages

• Etherscan launches NFT tracker

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Interesting Tweets

• A thread on L2 tokens and tokenomics

• 2021 in review via top 20 Ethereum gas consumers

• Vitalik’s reflection of the past decade

• Web3 developer next steps

• How to see the value of web3

• A glossary of terms for modular blockchains

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Ecosystem Bits

Blog Posts

• L222 - The Daily Gwei

• Degen vs Boomer Mindset - The Daily Gwei

• A Token Model for Layer-2 Block Production - Fuel Labs

• A Succinct Story of Zero Knowledge - Nalin

Podcasts

• Endgame | Vitalik Buterin - Bankless

• Fei Protocol: Introducing Fei v2 - Epicenter

Misc

• StarkWare resources list

• First chapter on incentives for Ben’s Upgrading Ethereum book

• [AMA] We are the EF's Research Team (Pt. 7: 07 January, 2022)

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Meme of the Week

ETHey & BeTChy 🦇🔊 @ETHeyAndBeTChy

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Looking for Work?

Top jobs listed on Cryptocurrency Jobs this week:

• Community Manager - Superfluid

• Libp2p Networking Engineer - Status

• Senior Smart Contract Engineer (Solidity) - Ondo Finance

• Security/Cryptography Researcher & Engineer - Least Authority

• +1000’s more on the Cryptocurrency Jobs website!

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