
BlackPool Bulletin #53
From plummeting pancakes to scorching insights, this week's bulletin dishes out a mix of letdowns and lessons. $CAKE takes a nosedive, while a redacted Medium article exposes the fiery truth about the US banking crisis. Oh, and Elon? He's stirring things up once more, causing NFT floors to skyrocket with just one tweet. Strap in for a blend of irritation and intrigue in the untamed realm of Web3 news!
- The pancakes leave a bad taste
- Have you mastered yield farming yet?
- The banks are bricking it
- Elon, the ultimate MM
- The promising $ARB
- How networks utilise their native tokens
- Tessera is democratising NFT investment
- Trouble in Ethereum?
- Game Spotlight - R3V3NGE
1. The bitter taste of disappointment as $CAKE takes a downward plunge. The Head Chef of #PancakeSwap serves up a thoughtful thread, aiming to restore faith and assure the community "that our recent changes have been made with careful consideration and for the long-term benefit of PancakeSwap and our users". A dash of reassurance amidst the storm? ๐ฅ
1/12 As the Head Chef of PancakeSwap, I understand that changes in tokenomics can be a delicate topic for our community. However, I want to assure you that our recent changes were made with careful consideration and for the long-term benefit of PancakeSwap and our users in mind.
— chef mochi (@chef_mochi) May 9, 2023
2. Dive into a thread of pure crypto enlightenment by @0xMughal, offering valuable insights and strategies for yield farming, liquidity provision, and staking. But don't get caught in the weeds! Farming isn't risk-free, so always diligently DYOR.
Welcome to May 2023, another month in the bear to make use of those stables.
— Wajahat Mughal (@0xMughal) May 9, 2023
Farms of the Month, let's make some passive income!
As always be aware of the risks involved with farming in DeFi
๐งต๐งต๐งต pic.twitter.com/sRdJNybqCh
3. Curious about how the banking scene affects the future of crypto? Look no further, because @CryptoHayes has served us with a brilliantly woven thread shedding light on the US banking crisis. And, if his article was deemed too hot for Medium, leading to its censorship, then you know it's a must-read.
Don't let a dead cat bounce fool ya. The US banking system will be nationalised. The only question is will you be one of the schmucks in "The Denominator", paying for its cleanup. Read the essay to understand the next stages of the collapse.https://t.co/UzLkQYCEhi pic.twitter.com/GKkYcwxg8O
— Arthur Hayes (@CryptoHayes) May 8, 2023
4. Sigh.. Elon took to his app again, dropping a meme about the Milady NFT project, causing the floor price to jet from 3.8 ETH to 7 ETH at its peak. All with one measly tweetโฆshaking our heads
— Elon Musk (@elonmusk) May 10, 2023
5. @Crypto_McKenna's biggest bet is on $ARB. A speedster among Ethereum's layers, attracting protocols, users, and monies with its optimistic rollup mojo. Boasting network growth, liquidity dominance, and an upcoming game-changing EIP-4844 catalyst, this thread screams "big potential!โ
Why $ARB is my current largest portfolio holding:
— McKenna (@Crypto_McKenna) May 12, 2023
Arbitrum is an optimistic rollup layer-2 on Ethereum that is actively capturing Ethereum protocols, users and liquidity.
Let's take a look at network data, it's growing ecosystem, trading frameworks and the EIP-4844 catalyst... pic.twitter.com/tQcrrCkafH
6. This thread examines the ways that various networks, including Polygon, Avalanche, and Polkadot, make use of their native tokens for staking, validation, and securing relay chains.
๐๐ป๐๐ฟ๐ผ๐ฑ๐๐ฐ๐ถ๐ป๐ด ๐ฎ ๐๐ต๐ฟ๐ฒ๐ฎ๐ฑ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ฟ๐ถ๐ป๐ด ๐บ๐ผ๐ฑ๐๐น๐ฎ๐ฟ ๐ฏ๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป๐.
— Naz (@CryptoNasss) May 12, 2023
๐๐ ๐ฝ๐น๐ผ๐ฟ๐ฒ ๐๐ต๐ฒ๐ถ๐ฟ ๐ฎ๐ฟ๐ฐ๐ต๐ถ๐๐ฒ๐ฐ๐๐๐ฟ๐ฒ๐, ๐๐ฐ๐ฎ๐น๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐๐ผ๐น๐๐๐ถ๐ผ๐ป๐, ๐บ๐ฒ๐ฐ๐ต๐ฎ๐ป๐ถ๐๐บ๐, ๐ฎ๐ป๐ฑ ๐ถ๐ป๐๐ฒ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐ฎ๐ฏ๐ถ๐น๐ถ๐๐ ๐ณ๐ฒ๐ฎ๐๐๐ฟ๐ฒ๐.
๐งต๐ชก pic.twitter.com/I1QTI3AI2Y
7. Tessera, a fractional NFT project, is democratising digital art ownership and investment. Owning valuable digital assets is no longer restricted to a select fewโ now you can own fractions of valuable digital assets otherwise out of reach.
Find out how Tessera is revolutionising accessibility and investment in the digital art market.

8. The beacon chain struggled to reach finality, a state that ensures that a block cannot be altered or removed from the blockchain. @terrence.eth explains how Prysm nodes were caught up in it.
Gm! Here's another round of summary from the incident yesterday. We are also working on a writeup to capture everything: ๐๐งต
— terence.eth (@terencechain) May 12, 2023
๐ก Gaming Spotlight: R3V3NGE - Zombie FPS on Polygon.

R3V3NGE is an AAA web 3 first-person shooter game that takes advantage of the Polygon blockchain. It offers a thrilling and intense gaming experience with multiple game modes, including Zombies, Team DeathMatch, and BattleRoyal, each providing unique challenges and gameplay mechanics. One standout feature of R3V3NGE is that all in-game assets are fully owned by the players, allowing them the freedom to buy, sell, and trade their assets as they please. This ownership aspect gives players complete control over their gaming experience and adds a layer of economic value to the game. Whether players prefer battling hordes of zombies, engaging in fast-paced team battles, or fighting for survival in a battle royale setting, R3V3NGE aims to cater to a wide range of preferences and offers something for everyone seeking an adrenaline-fueled shooter game on the Web3 platform.
Coming Soon to Elixir
Ape Readings
โ Pudgy Penguins raise $9M to create an IP brand
โ Curious about the differences between a zkEVM and a zkVM?
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