🕵️ WE MET SALMAN

PLUS: 2 Demos and 1 Project

Gm, this is the doodhwala, the only crypto newsletter that’s as exciting as ETH India.

That’s right today’s the day. 🤯 🤯 🤯

If you haven’t registered for the BIG SHOW (today’s too late tbh) but you can join us for the side events. Register here:

Let’s kick it, 2 — 1 — 1 Style:

  • 2 Kickass Demos

  • 1 Dope Project

  • 1 Cool Person

And one milky meme of course 🫡

2 Kickass Demos

Your friendly neighbourhood doodhwalas were also at the Filecoin Orbit event yesterday.

And it was pretty, pretty, prettaaay good! 🔥

It had builders, VCs, crazy demos, Juan Benet and most importantly, amazing FREE FOOD (but no doodh) 😢

There were also many projects demoing their v v cool products to us.

We LIVE tweeted it here 👇

But here are TWO project pitches that particularly caught our milky eyes:

1️⃣ ByteKode

Now, this is a good one.

When you first came into crypto, what was the one BIG thing you didn’t understand?

For most of us, it was the whole MetaMask signing thing.

What are all these numbers? What are we actually signing here?

Am I signing away all of my possessions? (2 doodh bottles and Rs. 72 in my wallet 😭)

Well, that is exactly what ByteKode is solving.

They are making web3 UI better so that even my grandpa can say “you’re NGMI beta!” 🥲

ByteKode’s AI-powered parser will tell you exactly what’s going on in a language you understand: PLAIN and SIMPLE English. ⚡️

Not only this, but they also have a notification system that will warn you when things are looking funky.

The best part is that any existing app or software can integrate this into its codebase. 🤯

With this, all these apps can make their own user experience even better!

Really think our man, Shlok, is onto something!

Go check him out and his baby ByteKode. 🥛

2️⃣ Unmarshal Parser

Okay, you might wanna get some caffeine in your system before you look at this.

Unmarshal Parser. (not that's not the name of a fast bowler)

At first, we thought this is some BIG BRAIN stuff for devs that we humble doodhwalas won't understand.

And we were right. 😭

At least, about the big brain part.

But then we saw the LIVE demo and we were blown away! 🤯

It is a POWERFUL blockchain data indexer that devs can use to make their applications insanely awesome!

But wtf is indexing? 🤨

Every blockchain project has a lot of smart contracts that they build and a lot of other wallets, apps, and contracts interact with it regularly.

All this is available as raw data on the blockchain and it usually takes a lot of time to find exactly what you want.

Unmarshal Parser “arranges” the data in a way that makes sense and you can easily access the data you want. 🔥

It also helps visualise the data in some nice colours and charts. 😉

The demo was so good that our small brains could also comprehend it well. 🥲

Huge props to the Unmarshal team for creating this awesome tech. 🔥

1 Dope Project

We met some cool folks from Stader Labs, at the zkNight meetup by Hashstack.

Sounds like a lab used to make the next Spiderman supervillain. 😬

But they’re actually a cool liquid staking platform for a bunch of blockchains.

What is Liquid Staking:

Liquid staking is staking your assets through a pool, that has other stakers as well. Once you stake your coins, you receive a liquid asset that represents the asset you staked.

If you stake ETH, you receive a staked version of ETH, called stETH. 😱

If you stake DOODH, you receive a staked version of DOODH, called phataDOODH. 😭

Back to Stader.

Stader started liquid staking on Terra 😦 *narrator: it didn't start well*

But since then Stader has expanded into SIX different chains including:

🟣 Polygon🟡 Binance Smart Chain🤡 Terra 2.0

For each of the coins staked, users get a staked version of the coin.

MATIC → MATICXBNB → BNBXLUNA → POVERTY LUNAX

Unlike directly staking on the protocol, liquid staking allows users to use the tokens for other things like degenerate trading.

The Stader Tokens can be used DeFi protocols like — Aave, Beefy Finance, Balancer, etc. 😎

Their TVL has gone from:

🚀 $1 billion (bull market peak November 2021)to🔥 $120 million (bear market December 2022)

A word of caution from the doodhwala: Stader's MATICX tokens are trading at a 4% premium to MATIC.

In a way, this is a “depegging” but since the price of the staked token > the price of the token this is kinda good bruh.

Anyway, it might also open the 🚪 for arbitrage opportunities, and if the liquid tokens' supply is held by a few wallets that arbitrage opportunity will be like riding a 🎢

So always DYOR. 🤙

1 Cool Person

Meet Salman (not Salman Khan).

He needs a job. Like really needs a job.

But instead of handing out resumes and sitting for interviews, he’s degenning around. (DAMN IT, Grammarly, degen-ing is a real word)

Salman created a very cool POAP (proof of attendance protocol) for the India Blockchain Week.

POAP = An NFT that proves you attended a very cool event. 😎

It covers all 30+ [YES THIRTY] events happening in this historic week for Indian crypto.

Including:

  • FIL Bangalore

  • The Gweithering

  • Doodhwala Daily Disappointment

  • Polygon Connect, and

  • ETH India

Check it 👇

You can mint your own POAP here.

He even got big daddy Sandeep Nailwal (the guy who does something at Polygon) to mint the POAP. 🤯

Check out Salman, and pls give him a job 🙏, because rn he just walks around events taking (cool) videos and shitposts on Twitter.

We’re dropping something interesting with him soon.

👀

Milky Meme Of The Day

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That’s all for today bhaiyo aur bheno! Naale Sigona!

Yo! Our legal and financial advisors (aka our good ol’ conscience) have asked us to add this boring disclaimer.

None of what you read here is financial advice. We aren’t here to get you to buy or sell a crypto. We’re only here to tell you what’s up in crypto today and make you laugh. So, if you screwed up on a trade, that’s on you G. Stay safe in the markets.