Can Celestia's CLOB be the savior of $TIA?
The narrative that the Celestia division emphasizes these days is "CLOBs On blobs."
Let's break down what this sentence means.
A blob is a unit of storing and processing data in a Celestia, and the concept is that rollups can publish and validate data through this blob. It's easy to think of it as a way for Celestia to efficiently store and share data in rollups.
CLOB is just a CEX. Although fast and efficient, it is too inefficient to implement CLOB on the blockchain in a DeFi environment, so AMMs have been used as an alternative.
So what if you combine them?
This means that we will use Celestia's Blob (DA) to realize the CLOB system of CEX on the blockchain.
CLOBs need to process huge amounts of transaction data quickly, and Celestia's blobs help them store it and process it right from a rollup or other layer.
Personally, can only Celestia do this? Can't you do avail or eigenlayer? According to the DSRV Emperor's content, Celestia is the only DA that can realistically support an on-chain order book.
So who uses it? Perp DEX @hibachi_xyz introduced Celestia's CLOBs On blobs via Wynn upgrade. (With @SuccinctLabs)
Now, let's go back to $TIA.
As more DeFi protocols adopt CLOBs On blobs,
The demand for Celestia DA is increasing,
As demand increases, consumption increases $TIA.
However, the $TIA received from the blob fee goes back to validators and stakers. Of course, it is said that it will introduce a fee burning model in the future, and it will drastically reduce inflation through the next large-scale upgrade.
And although it is late, it is said that the interest on the $TIA locked up through the upgrade will also be locked.
Since we are retail investors, $TIA is more important than Celestia, so can CLOBs On Blobs be the savior of $TIA?
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