Cardano is a proof-of-stake blockchain that SIMETRI last reviewed in September 2019. It’s strongly recommended to read this report before reading this update.
The project started in 2015, with the network going live in 2017. While Cardano aims to be an Ethereum killer, it still faces technical challenges that prevent it from being competitive.Read full report
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Convex’s business model is built on Curve, a DeFi blue chip that continues to be one of the market leaders. It repackages Curve’s governance into a liquidity bootstrapping product that is already being used by projects like Abracadabra and Alchemix, and there is potential for more projects using it down the line. Ergo, Convex is one of the few examples of business-to-business models in crypto.Read full report
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