Along those lines, the NuCypher team have been thinking about an improved model for token distribution ahead of mainnet that minimizes regulatory uncertainty and speculation, while ensuring tokens end up in the hands of as many actual users as possible.
This is evidently an emerging narrative as many teams are approaching launch.
Polaris is another gorgeous piece of defi that leverages the Uniswap protocol.
It's a trustless price oracle for ERC20 tokens that takes the price feed from Uniswap and then builds a layer of incentives on top of it to make it more reliable. It does so because Uniswap's model is quite prone to price slippage and could be manipulated, if someone were to use its spot price as an oracle.
So what Polaris does is it makes its price feed more costly to manipulate by using the median of the last 15 'checkpoints' instead, and charges smart contracts a fee (5 ETH/month) for reading access to the oracle. Those fees are then used as an incentive for third parties to 'poke' the Uniswap feed if certain conditions are met (in simple terms if there is a material divergence between the oracle and the Uniswap price). A valid poke mints an 'oracle token', which can be redeemed for fees by burning it (a mechanism similar to Uniswap liquidity tokens).
🤯 and kudos to the Marble Protocol team for coming up with this elegant model for a decentralized, trustless, manipulation-resistant price oracle.
0x is introducing a new way to share orders between relayers, called Mesh. It feels a bit strange that it wasn't implemented this way since the beginning.
I think this is a brilliant move from 0x tho, which takes its true goal of completely networked liquidity much closer to reality.
Also, they "Eventually plan to extend 0x Mesh to support any arbitrary DeFi protocol which uses off-chain messages."
Another pretty cool feature of mesh is that "0x Mesh can also run directly in a browser. This introduces the possibility of a new type of “serverless relayer” which only requires a front-end UI and doesn’t require any backend services".
Kyiv-based GEO Protocol announced their Seed round, led by Coinfund. The team has been working on and self-funding the business all the way since 2013, before 'decentralization' was cool.
With the emergence of L2 solutions, GEO is now focusing on the payment infrastructure for a "lightweight overlay network connecting trustless payments via Layer 2 off-chain processing and fiat-based payments", enabling things like cross-boarder Venmos.