The Fee Switch Era: Uniswap, Aave, and Buyback Design
Uniswap's fee switch and Aave's automated buybacks turned protocol value capture into a template. A look at what the mechanisms actually take, and from whom.
Uniswap's fee switch and Aave's automated buybacks turned protocol value capture into a template. A look at what the mechanisms actually take, and from whom.
Polymarket added a proposer whitelist to its UMA oracle under UMIP-189. A taxonomy of resolution failure modes and which oracle designs survive each.
Off-exchange settlement removed an FTX failure mode while leaving others intact. Mapping counterparty risk in ClearLoop, Interchange, and BitGo.
Lightning public capacity fell then recovered while volume grew ~266% YoY. Ark hit mainnet in 2026. A mechanism-level comparison.
Orb biometrics, NFC chips, and state wallets anchor personhood differently. Each breaks differently, and agent delegation inherits the break.
Uniswap's fee switch and Aave's automated buybacks turned protocol value capture into a template. A look at what the mechanisms actually take, and from whom.
Polymarket added a proposer whitelist to its UMA oracle under UMIP-189. A taxonomy of resolution failure modes and which oracle designs survive each.
Off-exchange settlement removed an FTX failure mode while leaving others intact. Mapping counterparty risk in ClearLoop, Interchange, and BitGo.
Lightning public capacity fell then recovered while volume grew ~266% YoY. Ark hit mainnet in 2026. A mechanism-level comparison.
Orb biometrics, NFC chips, and state wallets anchor personhood differently. Each breaks differently, and agent delegation inherits the break.
Base's June 2026 halts reopened the single-sequencer debate. How based sequencing and slashable preconfirmations work, and what they cost.