The modular money narrative is heating up; supporting the backbone of a bridging solution with more than 30k daily transactions, and more 🚀
Welcome to the latest installment of the Stakin Monthly newsletter, packed with curated news, and updates around the latest developments at Stakin.
Modular vs. Monolithic and EVM vs. PEVMs (Parallelized EVMs) – several narratives are heating up, and definite winners could soon emerge.Â
This issue will also cover our role in supporting the backbone of a bridging protocol with 30,000+ daily transactions and $2.5bn+ historical volumes. Let’s dive straight into it…
Supporting deBridge through enterprise-grade node infrastructure
To date, deBridge has bridged over $2.5 billion in crypto assets from 405,000 users across 11 supported blockchains, collecting roughly $100,000 in fees daily and zero security incidents or downtime since launch. We are proud to contribute in enabling DeBridge through our enterprise-grade node infrastructure.Â
Stakin is live on BounceBit mainnetÂ
BounceBit supports the seamless transition of native $BTC into more agile forms such as $BTCB and $WBTC.Â
By doing so, BounceBit users accrue on-chain yields without interacting with the Bitcoin chain.
Stake BounceBit with attractive APRs >>Â
The Modular Money narrative is heating up
Solana vs. Ethereum was the meta-narrative for 2021. The meta-narrative for 2024 appears to be Modular vs. Monolithic.Â
Could Celestia emerge as the King of Modular Money? Our analysts took a deep dive to find out.
Celestia and the Modular Money narrative >>
VCs are going big on PEVMs (Parallelized EVMs)
Several players dominate the EVM parallelization narrative at the moment. But Monad Labs stands out.Â
What is it that makes VCs and the broad crypto community so excited about Monad?
Monad and the Future of EVM Parallelization >>Â
Sui is set to become the fastest blockchain in existenceÂ
On the recent anniversary of Sui’s mainnet launch, the network announced a groundbreaking update: it is set to become the fastest blockchain network and the leader among high-performance-oriented blockchains.Â
The culprit? Sui’s new Mysticeti consensus protocol, soon to be implemented on Mainnet cuts consensus latency down to 390 ms.
What is Sui’s Mysticeti upgrade >>
More from our blog:Â
Until next month,
— team Stakin