Evening must-read | Meta launches Threads, a Twitter competitor

1. Meta launches Threads, a Twitter competitor: how to use the biggest features and what

Mark Zuckerberg's Instagram has launched a Twitter competitor, Threads. This is an app for text sharing developed by the Instagram team. Meta officials said that Threads provides a new independent space for real-time updates and public conversations, and efforts are being made to make Threads compatible with open, interoperable social networks. Original link

2. Explore the next step of DEX design

Decentralized exchanges (DEX) volumes still lag behind centralized exchanges (CEX) for good reasons: uncompetitive prices, execution is easily abused (MEV), and profits as LPs Not high enough. However, there are good solutions that will make DEXs more attractive: oracle (oracle) pricing, slower post-trade batch settlement, centralized automated liquidity, and lower cost L2 block space . Original link

**3. Run through or "dead cat jump"? How does the market view this round of rise of the old DeFi? **

As Compound founder Robert Leshner announced the establishment of a new company, Superstate, he announced that he will use the Ethereum blockchain as an auxiliary record-keeping tool to create short-term government bond funds and create regulated financial products that connect traditional markets and blockchain ecosystems. Stimulated by this news, the Compound token COMP has performed strongly recently, and at the same time aroused the market's pursuit of the concept of RWA. MakerDAO (MKR) and Aave (AAVE) have performed well recently. How does the market view this round of rise? Original link

4. Hong Kong Dollar Stablecoin Controversy: Government minting vs private issuance

The "Policy Recommendations" proposes that it is difficult for Hong Kong dollar stablecoins issued by private institutions to gain an important market position, and may eventually become a marginal product. Unable to impact the dominance of USD stablecoins. Hong Kong must have higher goals and determination on this issue. Therefore, the SAR government is strongly urged to issue a Hong Kong dollar stable currency backed by Hong Kong's foreign exchange reserves. However, on social media, many people have expressed doubts about the Hong Kong SAR government’s proposal to issue a Hong Kong dollar stablecoin. Original link

**5. Does Web3 effectively solve the problems in Web2 marketing? **

From the current state of marketing, Web2 marketing has become such an integral part of today's business landscape that it's hard to imagine what it would be like without it. However, the traditional Web2 marketing model has lost its effectiveness for a number of reasons. These reasons include fierce competition, ad blindness, ad blocking, algorithms, and closed ecosystems (i.e. data silos). Because of these issues, founders have trouble engaging and motivating their target audience. In contrast, Web3 marketing takes a different approach to address the issues facing Web2 marketing. Original link