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Unveiling the Sci-Fi Spectacle: NextCypher's "Deathlands" Directed by Jonathan Frakes

Jeff Garzik's production company, NextCypher, has enlisted the talents of Star Trek's Jonathan Frakes to direct an adaptation of the sci-fi novel Deathlands. Frakes, known for his role as Commander Riker on Star Trek: The Next Generation, brings his experience as a veteran director who has worked on TV shows like Star Trek: Strange New Worlds, Star Trek: Picard, and Leverage: Redemption to this project. Garzik expressed his excitement by stating that he was "incredibly humbled and blessed" to have Frakes on board. Key Points: Deathlands Adaptation: Based on a series of novels by James Axler and Jack Adrian, Deathlands follows a group of survivors navigating a post-apocalyptic world using teleportation technology. Garzik described the show as a blend of "Mad Max meets AI meets the monsters from Tremors." Refreshed Adaptation: Garzik highlighted that the TV series offers a modern take on the original post-Cold War, post-nuclear war scenario presented in

Maker Protocol's Annualized Revenue Surges to All-Time High: Tokenized RWAs and Attractive Yields Drive Growth

Stablecoin issuer Maker Protocol has experienced a significant surge in annualized revenue, reaching a new all-time high of $203 million. This impressive growth can be attributed to several factors, including increased deposits of tokenized real-world assets (RWAs) and higher yields for DAI holders.

Tokenized RWAs are crypto tokens that are backed by physical or real-world financial assets such as stocks, government bonds, real estate, or art. MakerDAO, the organization behind the Maker Protocol, has seen its RWA deposits soar past $3 billion, accounting for 42.7% of the protocol's total deposits. This influx of RWAs has been instrumental in driving revenue growth.

Two specific vaults, Monetalis Clydesdale and BlockTower Andromeda, which purchase short-dated United States Treasury notes, make up more than three quarters of the RWA deposits within the Maker Protocol. The increase in U.S. treasury yields this year, resulting from higher benchmark interest rates set by the Federal Reserve, has played a significant role in boosting the protocol's revenue.

Furthermore, DAI holders have also benefited from increased yields through the DAI Savings Rate (DSR) mechanism via the Spark Protocol. The DSR generates yields for DAI holders by utilizing the protocol fees paid by users who deposit assets into Maker to mint new DAI. Currently, the DAI deposited into the Spark Protocol, represented as sDAI, accounts for 31.3% of DAI's total supply, amounting to $1.7 billion.

Overall, Maker Protocol's impressive surge in annualized revenue showcases the success of its focus on tokenized RWAs and attractive yields for DAI holders. As the protocol continues to attract more collateral and benefit from increased treasury yields, it is well-positioned for continued growth and success in the stablecoin market.


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