币界网报道：We kick off this week with a series of charts centered around the political markets on Polymarket, the unstoppable growth of Maple’s SyrupUSDC, and Celestia’s ambitious proposal to abandon proof-of-stake. Polymarket Political Markets Amid recent geopolitical strife, Polymarket has once again been in the spotlight. Over the past week, market volume in the “Politics” category has jumped from $3.9 million to $19.5 million, as shown by the light blue bars in the chart below. Source: Polymarket. All eyes are on the “US Military Action Against Iran Before July?” market, which settled following reports of a US attack on an Iranian nuclear facility yesterday. The market had $29.9 million in total volume. Just before the market surged to near 99%+ certainty, the “Yes” stock on the market was trading at $0.59, meaning the market was pricing in a roughly 59% chance of US military action against Iran. Celestia’s Governance In an ambitious new governance proposal, Celestia co-founder John Adler argues that Celestia should abandon proof-of-stake consensus in favor of “proof-of-governance” (PoG). If passed, the following major changes would be implemented: TIA issuance would be reduced by about 20 times, or 95%. Delegated staking and liquidity staking contracts would be phased out. No more on-chain governance. All TIA issuance would be distributed to validators only as rewards for running nodes. Validators would be selected through off-chain governance, as Celestia lacks general-purpose execution capabilities and is not suitable for supporting on-chain token voting. Network fees would be burned as a form of value accumulation for TIA token holders. Celestia’s protocol fees would range from $100 to $300 per day. TL;DR: Reduce Celestia’s ongoing emissions to avoid a drop in its price (see chart). Source: Blockworks Research. The proposal challenges a lot of common-sense “wisdom” of Ethereum thought, namely where the “economic security” of the chain comes from (not slashing), framing PoS as truly permissioned “proof of authority,” and how to think about “blockchain profitability.” Expect Ethereum diehards to be outraged. SyrupUSDC Growth Maple’s interest-bearing stablecoin SyrupUSDC currently has a market cap of $780 million, making it the fastest-growing stablecoin this year. Users deposit USDC into the platform, which is then used to issue overcollateralized loans to institutional borrowers. The interest charged on these loans results in an average APR of about 10% currently (6.4% base yield + 3.5% Drip points), fueling SyrupUSDC’s rapid growth. You can also give up points and earn a 9.2% PT fixed yield on Pendle. About $587 million is in DeFi, mostly in Spark at 55% and Pendle at 19%. Source: Dune. Get news in your inbox. Explore Blockworks newsletters: The Breakdown: Cryptocurrency and markets explained. Daily. Empire: Cryptocurrency news and analysis to kick-start your day. Forward Guidance: The intersection of crypto, macroeconomics, and policy. 0xResearch: Get Alpha straight to your inbox. Lightspeed: All about Solana. The Drop: Apps, games, memes, and more. Supply Shock: Bitcoin, bitcoin, bitcoin. [0xResearch]