Evening Must-Read | Meta Launches Twitter Rival Threads: How to Use and What’s Its Biggest Feature
Evening Must-Read | Meta Launches Threads, a Twitter Competitor: Key Features and How to Use1. Meta Launches Twitter Competitor Threads: How to Use and What’s the Biggest Feature
Instagram, owned by Mark Zuckerberg, has launched a Twitter competitor called Threads. This is an application developed by the Instagram team for text sharing. Meta officials said that Threads provides a new independent space for real-time updates and public conversations, and is working to make Threads compatible with open, interoperable social networks. Original article link
2. Exploring the Next Steps in DEX Design
The trading volume of decentralized exchanges (DEXs) still lags behind centralized exchanges (CEXs), and there are good reasons for this: lack of price competitiveness, easy exploitation of execution (MEV), and LP profits are not high enough. However, there are still good solutions that will make DEXs more attractive: Oracle pricing, slower batch settlement after transactions, centralized automated liquidity, and lower cost L2 block space. Original article link
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3. Running or “Dead Cat Bounce”? How Does the Market View the Recent Rally of Old-School DeFi?
With Compound founder Robert Leshner announcing the establishment of a new company, Superstate, which will use the Ethereum blockchain as an auxiliary recording and storage tool to create short-term government bond funds, creating regulated financial products that connect traditional markets and the blockchain ecosystem. The Compound token COMP has performed strongly recently, while also sparking market interest in the RWA concept, with MakerDAO (MKR) and Aave (AAVE) both performing well recently. How does the market view this round of gains? Original article link
4. Battle of Hong Kong Dollar Stablecoins: Government Issuance vs. Private Issuance
The “Policy Recommendation” states that Hong Kong dollar stablecoins issued by private institutions are unlikely to gain significant market share and may ultimately become a marginalized product. It cannot affect the dominant position of the US dollar stablecoin. Hong Kong must have higher goals and determination on this issue. Therefore, it strongly urges the SAR government to issue a Hong Kong dollar stablecoin backed by Hong Kong’s foreign exchange reserves. However, many people on social media have expressed doubts about the SAR government’s proposal to issue a Hong Kong dollar stablecoin. Original article link
5. Has Web3 effectively solved the problems of Web2 marketing?
From the current state of marketing, Web2 marketing has become an integral part of today’s business landscape, and it is difficult to imagine what it would be like without it. However, for various reasons, the traditional Web2 marketing model has lost its effectiveness. These reasons include intense competition, ad blindness, ad-blocking, algorithms, and closed ecosystems (i.e. data silos). Due to the existence of these problems, founders have struggled to attract and motivate their target audiences. In contrast, Web3 marketing takes a different approach to addressing the problems faced by Web2 marketing. Original article link
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