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Dragonfly Research

Original crypto research and analysis

DeFi’s (non)Progress This Cycle

DeFi’s (non)Progress This Cycle

You know it’s the end of a cycle when people start to question everything they believed during the bull market.
Go to the profile of Celia Wan
Celia Wan
Jun 28
The Comprehensive Guide to Token Compensation

The Comprehensive Guide to Token Compensation

Designing token-based compensation is a hard problem, especially given token liquidity and the volatility in crypto markets. To date, the…
Go to the profile of Zackary Skelly
Zackary Skelly
Jun 28
Axelar, Bridges, and Blockchain Globalization

Axelar, Bridges, and Blockchain Globalization

Blockchains are now going through their “globalization” phase.
Go to the profile of Haseeb Qureshi
Haseeb Qureshi
Jun 8
The Reign of Terra: The Rise and Fall of UST

The Reign of Terra: The Rise and Fall of UST

A data-driven retelling of the rise of Terra and the catastrophic fall of UST.
Go to the profile of Haseeb Qureshi
Haseeb Qureshi
May 16
To All Dragonfly Founders and Friends

To All Dragonfly Founders and Friends

This is a letter that we sent to our portfolio company founders and partners this morning. We thought it may be useful to a wider audience…
Go to the profile of Tom Schmidt
Tom Schmidt
May 12
Announcing Dragonfly Fund III

Announcing Dragonfly Fund III

I’m proud to announce the launch of Dragonfly Fund III, a $650M venture fund. It’s our largest one yet.
Go to the profile of Haseeb Qureshi
Haseeb Qureshi
Apr 27
Token Compensation for Web3 Startups

Token Compensation for Web3 Startups

Token-based compensation, a new and powerful form of incentive alignment, introduces novel complexity to start-up compensation. There’s…
Go to the profile of Zackary Skelly
Zackary Skelly
Apr 5
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