Epicenter podcast — Staking milestone— Towards Data Science coverage for Numerai

Anthony Mandelli
Numerai
Published in
3 min readJul 22, 2020

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🎙️ Epicenter Podcast

Three years after his first appearance, Richard Craib returns to the Epicenter podcast for episode 348. Richard and co-hosts Friederike and Meher talk about what Numerai has been up to for the last three years, what makes a hedge fund market neutral, and the team’s latest projects, Erasure Bay and Numerai Signals.

https://twitter.com/epicenterbtc/status/1283060739842940932

You can check out the 2017 interview in episode 191 here.

🥩 New staking milestone

The total value of NMR staked on the Erasure protocol is higher than the value staked with Augur, Melon protocol, and Dharma combined.

https://twitter.com/richardcraib/status/1271933499914588160

Founder Richard Craib explains the significance:

“The vast majority locked in Erasure is in the NMR token whereas money locked in other DeFi apps is usually in ETH or DAI-not to do with the protocol’s native token being used at all… money staked on Erasure is actually *at significant risk of being destroyed* through griefing/burning whereas money locked in other DeFi apps is usually sitting idle and at minimal risk.” — Richard Craib

📊 Numerai tournament in Towards Data Science

Top-tier data science publication Towards Data Science published a post by tournament participant Yuki:

Randomized factor returns by Yuki from his post about Numerai on Towards Data Science

🍇 Protocol stats

Chart and statistics provided by DeFi pulse as of 7.14.2020

Total value locked is equivalent to:

  • $2.3M USD
  • 9.6K ETH
  • 250 BTC

NMR locked:

  • 115.1K
  • 1.05% supply locked

🍕 Most interesting requests:

💬 Tasteful Telegram sticker pack (open)

https://twitter.com/ErasureBay/status/1267548990465175553

📈 Unemployment data (fulfilled)

https://twitter.com/ErasureBay/status/1268687508931375105

🔒 MakerDAO Vaults (fulfilled)

https://twitter.com/ErasureBay/status/1268254121225670657

🎻 Bespoke music recommendations (fulfilled)

https://twitter.com/ErasureBay/status/1274019489110044677

🎨 Artwork (open)

https://twitter.com/ErasureBay/status/1276205493791252482

🔵 Coinbase exploring 18 new tokens

Coinbase published a blog post announcing that they are exploring 18 new tokens for potential listing on their platform, including Numeraire.

Connect with Numerai

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Anthony Mandelli
Numerai

Technology story teller | Amateur Django dev | Blockchain, cryptocurrencies, and books.