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Sumcap

@Sumcap

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Research, conviction & capital as catalyst. Ξ£ DeFi-native yield fund.

Joined October 2021
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@Sumcap
Sumcap
2 months
Plasma launched with 55+ protocols and $2.7B+ in pre-commit TVL, through partnerships with @binance, @ether_fi, @maplefinance, & @MidasRWA. A clear success, but what does the data reveal beneath the surface? Introducing the @Plasma Dashboard πŸ‘‡ πŸ”— https://t.co/fafRV9TdHV
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@ethereum
Ethereum
15 days
The Fusaka upgrade is today. Ethereum is securely scaling.
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@Sumcap
Sumcap
15 days
Mainnet and TGE on the 12/08 at 13h UTC - @stable just released their tokenomics! This means that the settlement date for the $STABLE airdrop has moved from the speculated 31st Dec to 8th Dec. Point distribution updates: - 🟒 Phase 1: 53.8% β†’ 60.9% - πŸ”΄ Phase 2: 46.2% β†’ 39.2%
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@Sumcap
Sumcap
16 days
🏁/ That’s it for today frens! We hope you enjoyed our summary of Fusaka and all its EIPs. If you want to stay up to date, you can follow us on X, or join our Telegram channel below: https://t.co/ME7kMZCq8G
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t.me
Comprehensive market research, detailed industry insight and thorough project analysis to help you stay ahead of the curve. Find us: 🌐 https://sumcap.xyz/research 🐦 https://x.com/Sumcap πŸ“§ Contact:...
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@Sumcap
Sumcap
16 days
7/ Conclusion πŸ—ΊοΈ As Ethereum prepares for the Scourge phase, Fusaka will act as a β€œbridging” fork, bringing the final and long-awaited touches to the protocol. In simple terms: β€’ PeerDAS = Massive DA scaling β€’ 60M Gas = Meaningful EL scaling β€’ EIP-7918 + EIP-7892 and others
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forkcast.org
PeerDAS enables nodes to specialize in storing subsets of data while maintaining security, dramatically increasing data capacity for Layer 2 networks. Live on mainnet Dec 3, 2025.
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@Sumcap
Sumcap
16 days
6/ Other EIPs βž• The remaining 8 EIPs cover additional features and include: β€’ EIP-7642 - History expiry prep & lighter receipts (-530GB sync bandwidth) β€’ EIP-7823 - MODEXP input limits (8192-bit) for safer crypto ops β€’ EIP-7825 - 16.8M TX gas cap for fair block space β€’
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@Sumcap
Sumcap
16 days
@nero_eth 5/ EIP-7918 + EIP-7892: Blob Economics Fixed βš™οΈ With blobs being central to Ethereum’s scaling, Fusaka addresses two persistent issues in blob economics. Previously, blob fees often fell to 1 wei whenever execution gas dominated costs. This undermined the fee market and
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@Sumcap
Sumcap
16 days
4/ EIP-7935: 60M Gas Limit πŸ“ˆ After Pectra’s EIP-7783, Fusaka raises the gas limit once again - doubling it to 60M relative to the start of the year (30M). With this, Ethereum will become cheaper than ever: Gas limit increase β‡’ more block space β‡’ reduced congestion β‡’ lower
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@Sumcap
Sumcap
16 days
3/ EIP-7594: PeerDAS πŸ“Š By far, the most awaited improvement of Fusaka is PeerDAS, or Peer Data Availability Sampling. Using KZG proofs, PeerDAS allows nodes to sample a small fraction (1/8) of blob data and compare it with what their peers are holding. Essentially, nodes can
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@Sumcap
Sumcap
16 days
2/ Fusaka (EIP-7607) 🌠 Named after the combination of Fulu (the EL update) and Osaka (the CL update), Fusaka is the final hardfork of the Surge phase. Like the previous hardfork, Pectra, Fusaka introduces 12 EIPs, covering topics from L1 throughput increases to Blob
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@Sumcap
Sumcap
16 days
1/ The Scaling Roadmap In 2022, just 2 months after the #Merge, @VitalikButerin released a detailed and updated roadmap for Scaling Ethereum. The roadmap was split into 6 distinct phases, each defined by a specific goal: β€’ βœ… Merge - Transition Ethereum from PoW to PoS β€’ βŒ›
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@Sumcap
Sumcap
16 days
After 3 years and 3 hardforks, #Fusaka concludes the #Surge phase of the Scaling Roadmap with: - πŸ“Š PeerDAS: 8x throughput, cheaper fees, more rollup space - πŸ“ˆ 60M gas limit: 100% increase YTD - πŸŸͺ and 10 EIPs improving CL and fee markets Let's dive into what Fusaka entails πŸ‘‡
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@Sumcap
Sumcap
21 days
After 9 days and $1.7B in cumulative $USDC deposits - Phase 2 of @stable's pre-mainnet campaign ended with +$1.1B in eligible funds. After accounting for the min $1k allocation - the final pro-rata distribution came out to ~45%, while the remaining 55% was returned to users.
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@Sumcap
Sumcap
1 month
🏁/ That’s it for today frens, we hope you enjoyed our take on the Stable pre-mainnet campaigns. If you want to stay up-to-date, you can follow us on X or join our Telegram channel below: https://t.co/ME7kMZCq8G
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t.me
Comprehensive market research, detailed industry insight and thorough project analysis to help you stay ahead of the curve. Find us: 🌐 https://sumcap.xyz/research 🐦 https://x.com/Sumcap πŸ“§ Contact:...
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@Sumcap
Sumcap
1 month
3/ Airdrop Value πŸͺ‚ The campaign concluded with $1.3B in TVL secured across 2 phases and X depositors. Speculating on the airdrop value across airdrop allocation % and key FDV levels: - 1️⃣ $XPL open - $8.8B - πŸ“ˆ $XPL peak - $16.7B - πŸ“Š Current $XPL valuation - $2.4B We find
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@Sumcap
Sumcap
1 month
2/ Phase 2️⃣ Unlike Phase 1, this round added: - πŸͺͺ KYC, - πŸ“Š Deposit limits, - πŸ’± and pro-rata allocation. Launched on 11/06 via @hourglasshq, Phase 2 saw 35,207 users deposit $1.76B - oversubscribing the $500M cap by 3.5x. Deposits were limited to $1M per wallet, with some
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@Sumcap
Sumcap
1 month
1/ Phase 1️⃣ With a cap of $825M, deposits via @ConcreteXYZ opened on the 10/23 and got filled in a matter of ~22min. For Phase 1, @gauntlet_xyz’s @MorphoLabs vaults were used, and deposits were split between: - 🟒 $USDT - $775M across 3050 depositors - ⚫️ $frxUSD - $50M across
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@Sumcap
Sumcap
1 month
Stable, backed by @bitfinex and @USDT0_to, has been capturing attention with its campaigns. In just two phases, it has achieved: - $1.325B in committed TVL - Over 35,000 participants - $1.26B in oversubscribed funds Here's what depositors can expect πŸ‘‡
@stable
Stable
1 month
Over $2.6 billion in total deposits across Phase 1 and Phase 2 of the Stable ecosystem-led Pre-Deposit Campaigns, with participation from more than 26,000 wallets. We appreciate everyone in the community who took part. Onward.
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@Sumcap
Sumcap
2 months
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