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Bi-Weekly Recap: August 12 - August 25

Chase DevensAug 26, 2022 ⋅ 7 min read

Welcome to the first Messari Bi-Weekly Recap. As a follow-up to our old Weekly Recap series, the Bi-Weekly Recap will provide Messari Pro and Enterprise subscribers with context on the events and trends that shaped the recent weeks in crypto. Without further ado, let’s dive in.

Notable Messari Intel & Governor Coverage

August 13: Remove FRAX Bridge Liquidity

  • Following the Nomad Bridge exploit, the Frax DAO voted to remove bridge liquidity and support for wrapped FRAX and wrapped FXS on chains other than Ethereum mainnet.

August 19: Future of Tribe DAO

  • Fei Labs drafted a proposal to remove governance powers from TribeDAO and distribute the remaining assets controlled by the Tribe DAO to TRIBE holders. Additionally, Fei Labs will no longer participate in the Tribe DAO.

August 24: Ethereum Foundation’s Official Mainnet Merge Announcement

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Chase Devens

53 Reportschasedevens

Chase's interest in crypto lies at the intersection of economics, psychology, and social coordination.

Mentioned Assets
Outline
  • Notable Messari Intel & Governor Coverage
  • The Declining Decoupling Narrative
  • Optimistic Rollup Battle Heats Up
  • Coinbase to Launch cbETH
  • SudoSwap Becomes the Hot Topic for NFTs
  • Looking Ahead
Author
Chase Devens
Chase's interest in crypto lies at the intersection of economics, psychology, and social coordination.
53 Reportschasedevens
Mentioned Assets