.@celestia with @dYdX I've been completely hooked on the "CLOBs on Blobd" narrative lately — so naturally, I aped into a $TIA position on the best decentralized perp DEX out there: dYdX. My Yapfing bounty challenge isn't over yet. Still going strong 🫡 Oh and btw, deposits on dYdX? Insanely fast. And free. Got any thoughts on my position?
Can Celestia's CLOB be the savior of $TIA? The narrative that Celestia Satan emphasizes these days is "CLOBs On blobs". Let's break down what this sentence means? A blob is a unit that stores and processes data in Celestia, and this blob allows rollups to publish data and validate it. To put it simply, Celestia efficiently stores and shares data from rollups. You can just think of CLOBs as CEXs. Although fast and efficient, it is too inefficient to implement CLOBs on the blockchain in the DeFi environment, so AMMs have been used as an alternative. So let's try combining them? This means that using 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 store it and process it directly on 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 on-chain order books. So who uses this? Perp DEX @hibachi_xyz has introduced Celestia's CLOBs On blobs with the Wynn upgrade. (With @SuccinctLabs) So, let's get back to $TIA. As more DeFi protocols adopt CLOBs On blobs, The demand for Celestia DA is increasing, Increasing demand $TIA increasing consumption. However, the $TIA received from blob fees goes back to validators and stakers. Of course, it is said that it will introduce a fee burn 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 up. Since we are retail investors, $TIA is more important than Celestia, but can CLOBs On blobs be the savior of $TIA?
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