Review 69 Figures 2021 & 2022

Elias Simos uses 69 charts on Twitter to showcase the excitement of the crypto industry in 2021, while discussing his vision for 2022. In this post, you can see what 69 photos are all about.

1. The most efficient crypto tool with a current market value of over $ 200 million. Two clear themes for 2021: meta-universes and smart contract chains. The two main points are equal.

Unlike the negative growth of many smart contract blockchains, Ethereum's Bitcoin and DeFi (1.0) development is clearly lagging behind, but has doubled since the start of the years.

At the same time, SolLunAva (Sol, Lun, Avax) created its own organization.

3. Of course, the difference in returns will weaken the crypto effect in 2021. If this trend continues, 2022 will be a battle between long alpha and short beta.

4. Crypto assets are generally unchanged, but the exchange rate was weak in the second half of the year. The long haul is still flat.

5. Poor value of open-ended contracts in the event of a persistent stressful impact on purchasing power.

6. The major volatility this year was caused by China's Bitcoin mining limit in May.

Bitcoin lost 1/3 of its energy during the period, but is now recovering. So how will this restriction be lifted?

7. As expected in this topic, it's been a bad year for ETHereum DeFi. Compared to ETH, the DeFipulse Index (DPI) has fallen by 80%.

8. When you look at the shipping resources in the DeFi app, the diagram does not show it.

2021 will see huge growth in every way, at least in US dollars.

9. Again, the situation for Ethereum DeFi does not seem surprising when the price of the L1 token model increases.

Ethereum Killer and Side Chains show the W path here.

10. As the market share increases.

11. But all of this is the opposite. Much of this heritage resides in the EVM-over environment. Dwarves all add up to ten orders of magnitude.

EVM as a model.

Also, have you seen TVL's recent rebound based on Tendermint?

12. There are many advantages to designing chains to suit the application.

With the announcement of IBC and the release of Osmosis, Umee, Stargaze and the wider Terra ecosystem, the cost over time has also decreased.

In 2022, more will be needed.

13. Currently, look at the active location, BTC's float is it like almost twice.

While Bitcoin addresses are clearly declining across the board in 2021, the difference is clear for Ethereum. Although historic highs in US dollar oil prices

14. Regarding Ethereum gas… it also harms users.

15. The same goes for manufacturers.

16. MEV is undoubtedly the theme of 2021.

As oil grows, Ethereum's MEV mining scale is both slow and activity increasing in this area, so it is more likely to run after time in a cheaper EVM environment - more .

17. Meanwhile, continued high oil prices will increase the incomes of Ethereum miners, making the total income higher than that of Bitcoin miners for most of 2021.

When Ethereum integration begins in 2022, consumers will be able to receive SRMs and rewards.

18. ETH holders have also benefited to some extent from the regression of gas pressure since EIP-1559.

1.2 million ETH has now been destroyed, which equates to around $ 5 billion at current prices. This equates to a redemption of 2% of the annual value of the ETH transaction.

19. As it fully expands on Ethereum, the EVM compatible environment is impacted to meet customer needs.

For the most part, the number of addresses has shifted to the top right and seems to have no real impact.

20. Despite many promises, the performance of L2 Rollup (at least one development platform in general) is still declining.

Waiting for what happened when you have your own login.

21. However, there is a minor problem with the description of the entire EVM relational chain. In 2021, we learned that even the most popular products can exceed their limits.

22. However, there are many similar EVM sites, for example, after Moonbeam and Evmos go live, the global EVM blockchain space will grow and may become a commodity.

23. The massive migration to other EVM locations has been evident in game development outside of Ethereum.

More than $ 20 billion in assets were shut down to link multiple signatures in different systems from $ 200 million in assets by May.

24. Multilingual L2s, on the other hand, raise only $ 5.5 billion in total assets.

Likewise, let's wait and see what happens when we open the token.

25. At the same time, the transport and mobility procedures must be very cumbersome to meet the transport needs of the EVM environment.

It can always be said that there is a limit to the capacity, but that is to be expected to change in 2022.

26. Pocket Network functionality has increased further as developers seek referrals to sites other than Ethereum.

Developers need good read / write bandwidth. Pocket offers a very competitive price.

$ POKT may be one of the best options for long term management in multiple chains.

27. Small changes The ETH promise of the new beacon chain in 2021 will be multiplied by 8 to reach more than 8 million ETH for the transition to PoS.

28. Over time, deposit rates will gradually decline throughout 2021.

According to popular belief, entrepreneurs will see an exit when merging with Ethereum, and hopefully there will be a further increase in deposits.

29. The efficiency of network users is between 90% and 95%, with lots of downtime during network upgrade.

It will be very interesting to see the behavior when witnesses are faced with a situation where they want to cooperate more than witnesses.

30. The optional beacon chains operate in pure PoS with no start-up costs, a true solution for small footprint users and providing access and egress to large users.

Lido has always been the leader of this group.

31. This happens not only in TVL, but also in the behavior of derivatives connected to TVL.

Of the many competitors, stETH (the cash-backed derivative of Lido) is the most prominent.

32. Liquid Staking is not just an eth2 phenomenon. The Lido was also celebrated for Terra, and the pools were the result of many other chains of proof of stake. For example @meta_pool, @MarinadeFinance and @KaruraNetwork.

More in 2022.

33. Close our eyes and look again In 2021, the PoS protocol will strike a balance.

In my opinion, the elves survived the disease. Most new networks will start with PoS and some PoWs (ETH, ZEC) are planning to move to PoS.

PoS will soon become the de facto model.

34. Satisfaction with the times accelerated in the fourth quarter, as described in the web3 focus for 2021.

But like the world, it's still called web3 ... encryption.

End-of-year refinancing is under consideration.

35. When it comes to trending terminology, it should be noted that the dominance of crypto as a term for sharing ideas has been temporarily eclipsed by ... $ SHIB.

36. Regarding the parts itself, SAFEMOON has already reached $ 6 billion FDV and finally stopped at $ 1 billion FDV.

From this we can count two things: (i) people love coins even and (ii) hardly anyone pays for FDV.

It's your alpha or your problem.

37. Again, in the world of shared security, the market appears to be shifting towards FDV in a way.

The FDV mix of Karura and Moonriver (Kusama's two biggest parachains) hovers around Kusama's own FDV.

38. Solarbeam is Moonriver's default DEX and is priced almost the same as KSM's FDV.

Apparently it's going through some heavy tweaking, but as more and more listings come online, you have to be careful with L0 as the wing of what was created at the top.

39. However, 2021 will be an important year for web3 / crypto.

The most interesting of these is undoubtedly the 10-fold increase in the MAU of the Metamask user base.

40. Although DeFi has lost popularity in the minds of investors and investors, only the Ethereum site which deals with the DeFi protocol has quadrupled.

Sure, there can be a lot of airdrop wool involved, but is that true?

41. But if these new users benefit from the miracle of DeFi, they also experience many surprises.

The money lost by DeFi hackers will truly peak in 2021.

Remember your new safe friend @NexusMutual

42. Ethereum's WBTC continues to dominate the encapsulated Bitcoin market.

43. Obviously, the average encapsulated Bitcoin is primarily used for farming income rather than trading.

44. The volume of DEX transactions continues to grow and Uniswap continues to be a leader in many areas.

45. Regarding Uniswap, it can be said that v3 is the most recent DeFi protocol released in 2021, bringing many new features and revenues to the system.

However, although it accounts for the majority of the volume, the growth is not as fast as v2.

46. ​​Of course, v3 is a professional contract. The average company size is about 30 times that of v2, reaching $ 60,000 by year end.

47. Approval of chain derivatives will start to shine in 2021. The dydx version of StarkEx shows that L2 can help manufacturers develop expensive solutions for the open web3 arena.

Something very exciting!

48. Mortgages, on the other hand, will experience slower growth in 2021. Growth in real estate deposits will be weaker compared to an increase in house prices against the US dollar.

49. Descriptions of stability parts vary. The Ethereum category alone has quintupled, bringing more and more to the global channel discussion.

50. Of course, we can not only look at the group but also point out that Algorithmic Stabilitycoins are the key year led by the US Dollar.

After a series of experiments, the design algorithm has become mature. Although not yet tried in the bear market.

51. You cannot talk about DeFi without watching OlympusDAO.

The complexity or serious innovation of the main liquidity mechanism is up to you.

To me, the latter seems new and the past is less than new.

52. It cannot be ignored that Ohm has created many strong assets that back him up.

This underlines that the huge revenue generated by the 2021 deal will play an important role in what happens in 2022.

53. Finally, the rise of Curve and Convex cannot be understood without looking at DeFi in 2021.

These two agreements paved the way for “efficient” management tokens.

Companies are rushing to get CRVs and CLCs to get cheaper (more) financial support.

54. DeFi is very good. But do you know what's cooler?

EN-EFF-TEES will be the biggest web3 conference in 2021. In fact, OpenSea, the industry leader, speaks for itself.

On a linear scale, the activities of the past year are negligible.

55. The NFT market is fueled by multiple chains, and a wide range of user tasks can be accomplished due to the low environmental cost compared to Ethereum.

56. Don't talk about NFT unless you are talking about OG.

Total production of cryptopunk contracts has increased 60 times from that of early 2021, reaching a total of 650,000 ETH.

This does not include private sales, encapsulated cryptopunk sales, etc.

57. Of all the sales that took cryptopunk to the next level, the most significant is the sale of Cryptopunk # 9998, affiliated with Lightning Loans, valued at around 125,000 ETH or US $ 500 million.

It has become an important indicator of the degree of subjectivity of the data in the chain.

58. Another important talk on the NFT pfp this year is Boring Ape (BAYC).

From the growth of niche communities to the multitude of popular platforms, this story is fraught with drama.

It goes without saying that BAYC has temporarily breached the Cryptopunks price floor.

59. The average cost of NFTs that changed hands in a recent launch with pfp games and old NFTs to reach a market value of $ 1 billion from less than 0.1 ETH to around 15 ETH.

60. The happiest release of the year, in my opinion, is the booty.

Loot was touted as the second best product after Coca-Cola, innovating in communities by creating new perspectives and ideas.

And no big movement in the Loot ... just buyers down in December? !

61. The NFT touch category is Axie Infinity.

Here's another new story for 2021, bringing Play-to-Earn (P2E) and GameFi explanations to the table.

As traders rushed through the hype season, profits rose in the process, following market troubles.

62. There are several activities that support the discussion on this topic are DAOs.

Arguably the best review you can find here is the work on the Gnosis Safe environment, one of DAO.

In 2021, the number of active companies will triple.

63. Another important feature of DAO is snapshot, a tool that helps DAO perform off-chain ballot voting by identifying channels.

For agents and consumers, Snapshot activity has grown significantly since September.

64. One of the happy announcements of the DAO in 2021 is the DAO of the ENS.

Interestingly, it captures both the CAD trends and the key directions available to developers in web3.

Retroactive Token Airdrop.

65. The ENS has delegated all responsibility for its user base at some point in November 2021.

Soon after, the number of .eth registrations more than doubled from the average for the past five months.

66. As the number of .eth registrations increased, the revenues of the ENS DAO library increased.

The ETH stored in the basket in two months is equal to the number of additional months in 2021.

Prove that a well-prepared aircraft can promote improvement.

67. Where are we going in all of this?

2021 opens up new capabilities for web3 developers. Costs are slowly moving towards application levels and new needs are emerging from below.

There is also a lot of money and tokens to help with new business and product launches.

2021 is an important year for crypto / web3, with a record of new unicorns being born.

This is what adoption looks like.

69. 2022 is shaping up to be fantastic, with huge investments in Web3 and massive investments underway.

Unless macroeconomic levels affect us.

My theory: learn to be healthy, love technology and see the long term.

We won the game.