Decentralization, Token Distribution, and the Pairing of Celestia and Dimension

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This chapter dives into the decentralization of the network and the rewards given to air droppers and civil farmers. The speakers emphasize the significance of Celestia, a data availability layer, and its partnership with dimension for settlement, while contemplating the potential future narrative of this pairing.

In this week's analyst round table, Dan is joined by Matt, Ren, and Brick of the Blockworks Research team to dive into the latest developments in DeFi and Crypto. They start of by discussing Avalanche Foundation's controversial support for memecoins, Dymension's airdrop and unique tokenomics, and Celestia's continued adoption. They also unpack MakerDAO's narrative return and recent strong revenue and token price performance. To close out the team discuss the lack of quality user based metrics for chains, Bonkbot's unexpected revenue generation, and the impending spot Bitcoin ETF approval. Hope you enjoy!

As always remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice.

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Resources

https://app.blockworksresearch.com/analytics

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Timestamps

(0:00) Introduction

(1:14) Avalanche Foundation Buying Memecoins

(10:01) Dymension Airdrop

(18:03) DAS London AD

(18:58) Celestia Adoption

(25:31) Maker Narrative Return

(40:53) Active Addresses Metrics

(48:02) BonkBot Performance

(58:24) Spot Bitcoin ETF

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.