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đ˘ #PSTAKE Buy Setup Alert! đ
The PSTAKE/USDT chart presents a high-potential opportunity with two distinct falling wedge patterns. First Wedge: Spanned from May 2022 to October 2023. A bullish breakout triggered a massive 890.78% rally to its peak.
Second Wedge: Formed from March 2023 to the present.
The price has broken out and is currently retesting the resistance line of the wedge, which has now turned into support.
If the breakout holds, this could ignite another impulsive rally, especially with continued market strength. đĽ
đš Aggressive Entry: Buy at the current price level to ride the potential next wave.
đš Conservative Entry: DCA down to the green support zone at $0.040â$0.046 for a safer position.
đ Profit Targets: Clearly outlined on the chart to help plan your exits effectively. đâ¨
đš Exchanges: Bybit, KuCoin, Gateio, MEXC, OKX, Uniswap, Kraken.
#RideTheKaiaWave #Restaking #BTCâ #Layer2 #Bitcoinâ $BTC
$STX
Second Wedge: Formed from March 2023 to the present.
The price has broken out and is currently retesting the resistance line of the wedge, which has now turned into support.
If the breakout holds, this could ignite another impulsive rally, especially with continued market strength. đĽ
đš Aggressive Entry: Buy at the current price level to ride the potential next wave.
đš Conservative Entry: DCA down to the green support zone at $0.040â$0.046 for a safer position.
đ Profit Targets: Clearly outlined on the chart to help plan your exits effectively. đâ¨
đš Exchanges: Bybit, KuCoin, Gateio, MEXC, OKX, Uniswap, Kraken.
#RideTheKaiaWave #Restaking #BTCâ #Layer2 #Bitcoinâ $BTC
$STX
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Karak airdrop is coming soon? MOD: before 9/30
Karak, which I have mentioned to my friends many times recently, seems to be preparing to send out airdrops!
Yesterday, when Karak's DC Chinese area MOD responded to community questions, it stated that the project boss said Karak would be online before Eigenlayer, and the MOD predicted that it would be before 9/30 at the latest.
I have introduced Karak-related layout methods to you many times before. You can click the link here to be directly sent to the previous article to see how to make Karak. Come and score points in the last month, donât miss it.
KelpDAO+Karakä¸ééĺççĽ, Pendelćśç+Karak犺ćçŠĺä¸ééĺççĽ, Karakäťç´š, Methamorphosisä¸éĺ¤ĺ-Karak
Yesterday, when Karak's DC Chinese area MOD responded to community questions, it stated that the project boss said Karak would be online before Eigenlayer, and the MOD predicted that it would be before 9/30 at the latest.
I have introduced Karak-related layout methods to you many times before. You can click the link here to be directly sent to the previous article to see how to make Karak. Come and score points in the last month, donât miss it.
KelpDAO+Karakä¸ééĺççĽ, Pendelćśç+Karak犺ćçŠĺä¸ééĺççĽ, Karakäťç´š, Methamorphosisä¸éĺ¤ĺ-Karak
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Update #EigenLayer Participation Guide:
From 4 a.m. on February 6 to 4 a.m. on February 10, for four days, Eigenlayer will reopen staking, and there will be no upper limit for each pool.
Due to the official new rules, remember not to rush into a pool where ETHâs TVL ratio is higher than 33%, otherwise your points will be reduced. Details need to wait for further official announcement.
Among them, I personally recommend using Swell's swETH, because you can earn Swell pearls, interact directly with Eigenlayer, and generally get all potential airdrops.
The tutorial is as follows:
1. Go to swell official website and pledge Eth into swETH.
https://app.swellnetwork.io/?ref=0x960ad8f566b482a91714657e21e1bf5111ebc823
2. Log in to the eigenlayer official website, connect to Little Fox, select SwellStaked Ether, go in and stake at 4 am on February 6th
https://app.eigenlayer.xyz
3. Personally, I recommend that the starting amount be more than 1e, which means the pledge amount of a single address should be higher than 1swETH.
PS: There is still time, it is recommended to prepare swETH with low Gas.
#restaking #altcoins
From 4 a.m. on February 6 to 4 a.m. on February 10, for four days, Eigenlayer will reopen staking, and there will be no upper limit for each pool.
Due to the official new rules, remember not to rush into a pool where ETHâs TVL ratio is higher than 33%, otherwise your points will be reduced. Details need to wait for further official announcement.
Among them, I personally recommend using Swell's swETH, because you can earn Swell pearls, interact directly with Eigenlayer, and generally get all potential airdrops.
The tutorial is as follows:
1. Go to swell official website and pledge Eth into swETH.
https://app.swellnetwork.io/?ref=0x960ad8f566b482a91714657e21e1bf5111ebc823
2. Log in to the eigenlayer official website, connect to Little Fox, select SwellStaked Ether, go in and stake at 4 am on February 6th
https://app.eigenlayer.xyz
3. Personally, I recommend that the starting amount be more than 1e, which means the pledge amount of a single address should be higher than 1swETH.
PS: There is still time, it is recommended to prepare swETH with low Gas.
#restaking #altcoins
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The road to a billion has been completed, the token is about to be launched, and the new restaking Kelp DAO is explained in detail
â¡ âRoad to a Billionâ goal completed
¡ Restsaking & EigenLayer
Kelp DAO Overview
$KEP Introduction
$KELP (governance token) planning
Kelp DAO Advantages
Exchange expectations
Kelp DAO future plans
Web3 is developing rapidly, and new narratives are emerging one after another. The development of the DeFi track is also diverse, with various forms of innovation emerging, constantly pushing the development of blockchain finance to new heights. With the approval of the Ethereum spot ETF and EigenLayerâs announcement of the upcoming launch of governance tokens, among all these advances, there is a story that opens the door to Ethereumâs next major DeFi sector - Liquid Restaking.
¡ Restsaking & EigenLayer
Kelp DAO Overview
$KEP Introduction
$KELP (governance token) planning
Kelp DAO Advantages
Exchange expectations
Kelp DAO future plans
Web3 is developing rapidly, and new narratives are emerging one after another. The development of the DeFi track is also diverse, with various forms of innovation emerging, constantly pushing the development of blockchain finance to new heights. With the approval of the Ethereum spot ETF and EigenLayerâs announcement of the upcoming launch of governance tokens, among all these advances, there is a story that opens the door to Ethereumâs next major DeFi sector - Liquid Restaking.
How did ( $BB ) BounceBit Create a Restaking Revenue Loop for $BTC Native Assets?
The article explores the way to create a parallel #POS chain with BounceBit, which combines #Ethereum's secure consensus innovation and compliance with CeFi platform partnerships to provide diversified #restaking revenue models for BTC asset holders, aiming to overcome the lack of revenue for BTC in its native POW environment.
Mar 08, 2024
The article explores the way to create a parallel #POS chain with BounceBit, which combines #Ethereum's secure consensus innovation and compliance with CeFi platform partnerships to provide diversified #restaking revenue models for BTC asset holders, aiming to overcome the lack of revenue for BTC in its native POW environment.
Mar 08, 2024
Make use of $ETH at Renzo protocol and Mode Network
1. Buy ETH from Binance. Preferably 1ETH.
P.S: For Hedging ETH, please read my article: LST restaking with hedge
2. Send ETH to metamask wallet. Make sure you keep your private key. Select Arbitrum Network, not Ethereum.
3. Login to Renzo protocol.
https://app.renzoprotocol.com/?ref=0x7c5e7eb34b0c379d0052bed95c3c0162ed65c9e8
4. Restake 0.97ETH on Arbitrum Network if you bought 1ETH. Remember left at least 0.02ETH. Make sure you select Arbitrum Network (not linea, not ethereum).
5. After restake, you receive ezETH equivalent of 0.97ETH.
6. Login to
https://ref.mode.network/pstl0o
Referral code: pstl0o
7. Login to
https://bridge.connext.network/EZETH-from-arbitrum-to-mode?amount=1
8. Bridge all ezETH and 0.01ETH from Arbitrum to MODE.
Complete.
Reason of bridge 0.01ETH to MODE: You need gas fee to bring back your ezETH from MODE to Arbitrum or other network.
#Write2Earn #restaking #Ethereum(ETH) #Mode #RenzoProtocol
1. Buy ETH from Binance. Preferably 1ETH.
P.S: For Hedging ETH, please read my article: LST restaking with hedge
2. Send ETH to metamask wallet. Make sure you keep your private key. Select Arbitrum Network, not Ethereum.
3. Login to Renzo protocol.
https://app.renzoprotocol.com/?ref=0x7c5e7eb34b0c379d0052bed95c3c0162ed65c9e8
4. Restake 0.97ETH on Arbitrum Network if you bought 1ETH. Remember left at least 0.02ETH. Make sure you select Arbitrum Network (not linea, not ethereum).
5. After restake, you receive ezETH equivalent of 0.97ETH.
6. Login to
https://ref.mode.network/pstl0o
Referral code: pstl0o
7. Login to
https://bridge.connext.network/EZETH-from-arbitrum-to-mode?amount=1
8. Bridge all ezETH and 0.01ETH from Arbitrum to MODE.
Complete.
Reason of bridge 0.01ETH to MODE: You need gas fee to bring back your ezETH from MODE to Arbitrum or other network.
#Write2Earn #restaking #Ethereum(ETH) #Mode #RenzoProtocol
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Recently, #restaking The new track star Eigenpie came out with a new event
Not only do you get points, you also get an IDO quota
I personally don't have the desire to participate.
1. eigenpie itself, like @RenzoProtocol @EtherFi @KelpDAO these third-party pledge platforms, although you can get eigenpie points and @eigenlayer points, but it is not directly interactive with the #EigenLayer official website, it is easy to miss future airdrops.
2. @Eigenpiexyz_io behind is @magpiexyz_io, it is a cross-chain #DeFi income platform that has built multiple #SubDAO (income pools), and now this eigenpie is a newly built #SubDAO. The previous SubDAO has also issued coins, which have performed mediocre. So this #IDO quota is not attractive.
For more details, please visit: https://foresightnews.pro/article/detail/52120
Not only do you get points, you also get an IDO quota
I personally don't have the desire to participate.
1. eigenpie itself, like @RenzoProtocol @EtherFi @KelpDAO these third-party pledge platforms, although you can get eigenpie points and @eigenlayer points, but it is not directly interactive with the #EigenLayer official website, it is easy to miss future airdrops.
2. @Eigenpiexyz_io behind is @magpiexyz_io, it is a cross-chain #DeFi income platform that has built multiple #SubDAO (income pools), and now this eigenpie is a newly built #SubDAO. The previous SubDAO has also issued coins, which have performed mediocre. So this #IDO quota is not attractive.
For more details, please visit: https://foresightnews.pro/article/detail/52120
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Bedrock security incident_Post-mortem analysis
Bedrock announced yesterday that its uniBTC smart contract vulnerability was exploited by attackers, which affected its liquidity pool on Uniswap. The vulnerability is now under control.
For those who donât know Bedrock yet, you can read my article: ĺ質ćźĺč°BedrockĺşćŹäťç´š&犺ććç¨
The following is the relevant information I compiled about this security incident:
1. The assets exploited by the attacker are in the Uniswap liquidity pool, and the total affected assets are approximately US$2 million.
2. The cause of the vulnerability is a code problem that allows attackers to use native BTC to mint uniBTC.
For those who donât know Bedrock yet, you can read my article: ĺ質ćźĺč°BedrockĺşćŹäťç´š&犺ććç¨
The following is the relevant information I compiled about this security incident:
1. The assets exploited by the attacker are in the Uniswap liquidity pool, and the total affected assets are approximately US$2 million.
2. The cause of the vulnerability is a code problem that allows attackers to use native BTC to mint uniBTC.
Restaking. What is Restaking cryptocurrency and how to make money from it?
restaking
In this article, you will learn:
â Whatâs Restaking?
â Whyâs it Useful?
â Types of Restaking
â The Risks
â How do I place my tokens in the restaking?
Whatâs Restaking?
Restaking is a concept first introduced by the XBANKING project â this is the first project to develop this idea and produce products related to it. The idea of ââRestaking is to re-stake liquid staked tokens to provide security and make it possible for stakers (users) to receive rewards.
Restaking is a new concept in the world of cryptocurrency security that enables you to use your Ethereum (ETH), The Open Network (TON), Solana (SOL) and others more than once at the consensus layer. For instance, if youâre staking your Ethereum directly or using a liquid staking token (LST), you can opt to use a service like XBANKING to earn additional rewards on your stake. up to 12% APR.
XBANKINGÂ is a restaking marketplace that allows you to deposit your LSTs into different pools that support various applications and services on the Ethereum ecosystem. By doing so, you are not only earning staking rewards from your LSTs, but also restaking rewards from the pools you join.
The idea behind restaking is to leverage the security and trust of Ethereumâs validators and staked tokens to benefit smaller and newer networks that need more protection from attacks or failures. By restaking your ETH or LSTs, you are effectively lending your stake to these networks and protocols, and helping them achieve higher security and decentralization.
Whyâs it Useful?
Ethereum Proof-of-Stake (PoS) is a system that uses its own token, ETH to secure itself Every validator has to prove that it has a âstakeâ in the system You can also think of stake as the âtrustâ placed to secure the network, the higher the stake, the higher the trust.
Itâs like when you trust a girl so you give her a lot of money ĚśtĚśhĚśeĚśnĚś ĚśoĚśnĚśeĚś ĚśdĚśaĚśyĚś ĚśsĚśhĚśeĚś ĚśdĚśiĚśsĚśaĚśpĚśpĚśeĚśaĚśrĚśsĚś ĚśwĚśiĚśtĚśhĚś ĚśyĚśoĚśuĚśrĚś ĚśmĚśoĚśnĚśeĚśyĚś Anyhow, ETH staked on Ethereum has been increasing at a rapid pace, from 2.5m ETH in Jan 2021 to 34.5m ETH in the present.
What this means is that thereâs a lot of ETH and a lot of trust to secure the network Then one day XBANKING came along and be like âwhy donât we take some of these trust and share it with other smaller networks & applications This is called âRestakingâ.
Restaking presents an opportunity for these smaller networks âActively Validated Services (AVS)â to borrow the trust to secure their platform XBANKING acts as a Decentralized Trust Marketplace that gets a cut of the fees on the rewards that flow from the AVS to Restaker.
The liquid staking tokens Ethereum (stETH), The Open Network (tsTON, stTON, wsTON, hTON, Solana (JitoSOL) are now available for restacking on the https://xbanking.org platform.
Types of Restaking
There are 3 main types of restaking â Native, Liquid, and Superfluid đđđđ˘đŻđ MAV đđđŹđđđ¤đ˘đ§đ â Validators natively restaked their ETH on the Beacon Chain to XBANKING.
đđ˘đŞđŽđ˘đ đđđŹđđđ¤đ˘đ§đ â Liquid Staking Token (LST) holders restake their LSTs to XBANKING smart contract directly on XBANKING front-end Native Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node
Native MAV Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node.
Liquid Restaking protocols (LRT) flow is as follows User deposits an LST token on LRT platform â The LRT protocol takes the LST and restake on XBANKING â LRT protocol offers a derivative liquid restaking token Similar to how Lido gives stETH in exchange for ETH.
The Risks
đđĄđ đđ˘đŹđ¤đŹ đđ§đ˘đ§đđđ§đđ˘đ¨đ§đđĽ đđĽđđŹđĄđ˘đ§đ â There could be a risk of mistakenly slashed due to an accident or a smart contract error Given the nature of extending Ethereumâs trust to other networks, the risk of unintentional slashing is higher
đđŠđđŤđđđ¨đŤ đđ¨đĽđĽđŽđŹđ˘đ¨đ§ â operators (validators) colluding to use the same restaked ETH to secure & take control of multiple networks The operators could potentially attempt an attack to take control of the TVL on these networks.
đđđ§đđŤđđĽđ˘đłđđđ˘đ¨đ§ â potential risk of computationally-capable validators dominating the restaking space in various networks, Since large computational resources & operational costs are needed to participate effectively in specific modules.
How do I place my tokens in the restaking?
Go to https://xbanking.org.Click âlaunch appâ.Select token (liquid staking token (stETH, wsTON, JitoSOL, tsTON or other), connect wallet, stake!.Done!
Links:
Restaking:Â https://xbanking.org
#restaking #staking
In this article, you will learn:
â Whatâs Restaking?
â Whyâs it Useful?
â Types of Restaking
â The Risks
â How do I place my tokens in the restaking?
Whatâs Restaking?
Restaking is a concept first introduced by the XBANKING project â this is the first project to develop this idea and produce products related to it. The idea of ââRestaking is to re-stake liquid staked tokens to provide security and make it possible for stakers (users) to receive rewards.
Restaking is a new concept in the world of cryptocurrency security that enables you to use your Ethereum (ETH), The Open Network (TON), Solana (SOL) and others more than once at the consensus layer. For instance, if youâre staking your Ethereum directly or using a liquid staking token (LST), you can opt to use a service like XBANKING to earn additional rewards on your stake. up to 12% APR.
XBANKINGÂ is a restaking marketplace that allows you to deposit your LSTs into different pools that support various applications and services on the Ethereum ecosystem. By doing so, you are not only earning staking rewards from your LSTs, but also restaking rewards from the pools you join.
The idea behind restaking is to leverage the security and trust of Ethereumâs validators and staked tokens to benefit smaller and newer networks that need more protection from attacks or failures. By restaking your ETH or LSTs, you are effectively lending your stake to these networks and protocols, and helping them achieve higher security and decentralization.
Whyâs it Useful?
Ethereum Proof-of-Stake (PoS) is a system that uses its own token, ETH to secure itself Every validator has to prove that it has a âstakeâ in the system You can also think of stake as the âtrustâ placed to secure the network, the higher the stake, the higher the trust.
Itâs like when you trust a girl so you give her a lot of money ĚśtĚśhĚśeĚśnĚś ĚśoĚśnĚśeĚś ĚśdĚśaĚśyĚś ĚśsĚśhĚśeĚś ĚśdĚśiĚśsĚśaĚśpĚśpĚśeĚśaĚśrĚśsĚś ĚśwĚśiĚśtĚśhĚś ĚśyĚśoĚśuĚśrĚś ĚśmĚśoĚśnĚśeĚśyĚś Anyhow, ETH staked on Ethereum has been increasing at a rapid pace, from 2.5m ETH in Jan 2021 to 34.5m ETH in the present.
What this means is that thereâs a lot of ETH and a lot of trust to secure the network Then one day XBANKING came along and be like âwhy donât we take some of these trust and share it with other smaller networks & applications This is called âRestakingâ.
Restaking presents an opportunity for these smaller networks âActively Validated Services (AVS)â to borrow the trust to secure their platform XBANKING acts as a Decentralized Trust Marketplace that gets a cut of the fees on the rewards that flow from the AVS to Restaker.
The liquid staking tokens Ethereum (stETH), The Open Network (tsTON, stTON, wsTON, hTON, Solana (JitoSOL) are now available for restacking on the https://xbanking.org platform.
Types of Restaking
There are 3 main types of restaking â Native, Liquid, and Superfluid đđđđ˘đŻđ MAV đđđŹđđđ¤đ˘đ§đ â Validators natively restaked their ETH on the Beacon Chain to XBANKING.
đđ˘đŞđŽđ˘đ đđđŹđđđ¤đ˘đ§đ â Liquid Staking Token (LST) holders restake their LSTs to XBANKING smart contract directly on XBANKING front-end Native Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node
Native MAV Restaking is operationally more difficult to operate vs Liquid Restaking as it requires operating Ethereum Validator Node.
Liquid Restaking protocols (LRT) flow is as follows User deposits an LST token on LRT platform â The LRT protocol takes the LST and restake on XBANKING â LRT protocol offers a derivative liquid restaking token Similar to how Lido gives stETH in exchange for ETH.
The Risks
đđĄđ đđ˘đŹđ¤đŹ đđ§đ˘đ§đđđ§đđ˘đ¨đ§đđĽ đđĽđđŹđĄđ˘đ§đ â There could be a risk of mistakenly slashed due to an accident or a smart contract error Given the nature of extending Ethereumâs trust to other networks, the risk of unintentional slashing is higher
đđŠđđŤđđđ¨đŤ đđ¨đĽđĽđŽđŹđ˘đ¨đ§ â operators (validators) colluding to use the same restaked ETH to secure & take control of multiple networks The operators could potentially attempt an attack to take control of the TVL on these networks.
đđđ§đđŤđđĽđ˘đłđđđ˘đ¨đ§ â potential risk of computationally-capable validators dominating the restaking space in various networks, Since large computational resources & operational costs are needed to participate effectively in specific modules.
How do I place my tokens in the restaking?
Go to https://xbanking.org.Click âlaunch appâ.Select token (liquid staking token (stETH, wsTON, JitoSOL, tsTON or other), connect wallet, stake!.Done!
Links:
Restaking:Â https://xbanking.org
#restaking #staking
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đĽPortfolio of Champions!đ
đ˘ Let's talk about the narrative that has been the main bet for the bullish cycle (2024/2025) which is the #restaking sector, whose main purpose is to allow users to custody their assets (hold) for a certain time and receive rewards in different platforms for this, at the same time that they receive in return the supply of another token to allocate in investments of their choice.
đ˘ The main promise for the restoking sector in this bullish cycle is $PENDLE , due to the enormous and growing market capitalization, as well as its advantageous position in the crypto ranking and its numerous features, which, in fact, go beyond the sector restocking.
We can't help but say that pendle has seen an impressive appreciation, over 200% đ in the last 4 months!
In this sense, pendle occupies a prominent position in our portfolio, as it is a jewel capable of increasing in value, always interacting with other assets and platforms such as #etherfi , for example.
The Champions Portfolio is a way of presenting users with tokens that are the winning horses of each web3 sector, providing a proportional distribution of assets, mitigating risks and enhancing gains in the medium and long term, as investments are allocated by narrative sectors of the crypto universe, however surrounding the main tokens in each sector, which tend to appreciate exponentially in an upward cycle!
If you are interested in new tokens, winning horses and want to know more about this, in addition to receiving daily news about the crypto universe and macroeconomic analyses, like this publication and click on follow this profile, and we will present you with lots of good things for your portfolio have an excellent performance in this upward cycle!
#Binance #pendle #staking $BTC $ETH
đ˘ Let's talk about the narrative that has been the main bet for the bullish cycle (2024/2025) which is the #restaking sector, whose main purpose is to allow users to custody their assets (hold) for a certain time and receive rewards in different platforms for this, at the same time that they receive in return the supply of another token to allocate in investments of their choice.
đ˘ The main promise for the restoking sector in this bullish cycle is $PENDLE , due to the enormous and growing market capitalization, as well as its advantageous position in the crypto ranking and its numerous features, which, in fact, go beyond the sector restocking.
We can't help but say that pendle has seen an impressive appreciation, over 200% đ in the last 4 months!
In this sense, pendle occupies a prominent position in our portfolio, as it is a jewel capable of increasing in value, always interacting with other assets and platforms such as #etherfi , for example.
The Champions Portfolio is a way of presenting users with tokens that are the winning horses of each web3 sector, providing a proportional distribution of assets, mitigating risks and enhancing gains in the medium and long term, as investments are allocated by narrative sectors of the crypto universe, however surrounding the main tokens in each sector, which tend to appreciate exponentially in an upward cycle!
If you are interested in new tokens, winning horses and want to know more about this, in addition to receiving daily news about the crypto universe and macroeconomic analyses, like this publication and click on follow this profile, and we will present you with lots of good things for your portfolio have an excellent performance in this upward cycle!
#Binance #pendle #staking $BTC $ETH
đ˘ AutoLayer has integrated with Balancer on Arbitrum.
AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of @eigenlayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly.
Balancer is an Ethereum-based Automated Market Maker protocol that functions as a decentralized exchange and a âself-balancingâ portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.
Users can now effortlessly provide liquidity to LRT Pools on Balancer with just one click.
#restaking #bitcoinhalving #LRT #Sponsored #DYOR #NFA
AutoLayer is the premier Liquid Restaking Tokens (LRT) Finance app on Arbitrum. Harness the potential of @eigenlayer by restaking into various LRT/LST options with just one click while conserving and compounding your yields effortlessly.
Balancer is an Ethereum-based Automated Market Maker protocol that functions as a decentralized exchange and a âself-balancingâ portfolio management tool. Balancer's AMM provides traders with liquidity for their ERC-20 tokens.
Users can now effortlessly provide liquidity to LRT Pools on Balancer with just one click.
#restaking #bitcoinhalving #LRT #Sponsored #DYOR #NFA
Will $ETHFI Spectacular Breakout Lead To An Explosive #restaking Trend?
In just 24 short hours, the trading price of #ETHFI has recorded an impressive growth of over 26%, leading the restaking category and showing no signs of slowing down.
Will this strong breakthrough bring positive effects to the entire restaking industry? Or is it signaling a potential surge for restaking in the future?
#Ethereumâ #HotTrends
$SUI $PDA
In just 24 short hours, the trading price of #ETHFI has recorded an impressive growth of over 26%, leading the restaking category and showing no signs of slowing down.
Will this strong breakthrough bring positive effects to the entire restaking industry? Or is it signaling a potential surge for restaking in the future?
#Ethereumâ #HotTrends
$SUI $PDA
See original
What is the future trend of Ethereum? Although the ETF was unexpectedly approved, trading has not yet started. There is no final conclusion on whether ETH is a security, which determines that spot ETFs cannot be pledged. Even if they can be pledged, they will inevitably face a complex regulatory rule-making cycle.
However, the mechanism of ETH #POS has spawned a booming Defi ecosystem, Defi2.0, LRT, #restaking ... Behind all this, the cryptocurrency standard can obtain more benefits, and if the ETF cannot be pledged, it will naturally lose this part of the benefits.
Cathie Wood also said that the $ETH ETF application was approved because cryptocurrency is an election issue. Cryptocurrency has now become an issue in the US election, which is why the key documents of the proposed ETH exchange-traded fund #ETF were suddenly and unexpectedly approved.
So the real bull of ETH may still be a bit far away.
#3friends
However, the mechanism of ETH #POS has spawned a booming Defi ecosystem, Defi2.0, LRT, #restaking ... Behind all this, the cryptocurrency standard can obtain more benefits, and if the ETF cannot be pledged, it will naturally lose this part of the benefits.
Cathie Wood also said that the $ETH ETF application was approved because cryptocurrency is an election issue. Cryptocurrency has now become an issue in the US election, which is why the key documents of the proposed ETH exchange-traded fund #ETF were suddenly and unexpectedly approved.
So the real bull of ETH may still be a bit far away.
#3friends
See original
The incentive method of the #restaking track is to continuously stack leverage through $ETH native assets, #LRT pledged assets, and re-pledged platform points, and use points airdrops + multiple incentives to squeeze liquidity.
Now the entire restaking is in a state of internal circulation. Retail investors who want to participate in depth are advised to think about a few questions:
1. How does the Restaking platform work?
2. What is the key to supporting the continued healthy operation of the Restaking system?
3. How to reduce the underlying risk after the number of participants increases?
Now the entire restaking is in a state of internal circulation. Retail investors who want to participate in depth are advised to think about a few questions:
1. How does the Restaking platform work?
2. What is the key to supporting the continued healthy operation of the Restaking system?
3. How to reduce the underlying risk after the number of participants increases?
See original
@GalxeDAO announced its Layer-1 blockchain designed for mass adoption and a full-chain future, Gravity, calling it the Magnet Chain of web3.
The official website shows that Gravity abstracts the technical complexity of multi-chain interactions by integrating advanced technologies such as zero-knowledge proofs, state-of-the-art consensus mechanisms, and re-staking-driven architectures to ensure high performance, enhanced security, and cost efficiency.
The GRAVITY ALPHA mainnet is expected to be launched in the second quarter of 2024. Gravity Alpha Mainnet is an Ethereum rollup powered by the Arbitrum Nitro stack.
The GRAVITY mainnet will be launched in the second quarter of 2025. Gravity's mainnet is a PoS layer 1 driven by re-staking. Gravity will also integrate Reth as its EVM execution engine.
$GAL #restaking #3friends
The official website shows that Gravity abstracts the technical complexity of multi-chain interactions by integrating advanced technologies such as zero-knowledge proofs, state-of-the-art consensus mechanisms, and re-staking-driven architectures to ensure high performance, enhanced security, and cost efficiency.
The GRAVITY ALPHA mainnet is expected to be launched in the second quarter of 2024. Gravity Alpha Mainnet is an Ethereum rollup powered by the Arbitrum Nitro stack.
The GRAVITY mainnet will be launched in the second quarter of 2025. Gravity's mainnet is a PoS layer 1 driven by re-staking. Gravity will also integrate Reth as its EVM execution engine.
$GAL #restaking #3friends
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The giant whale takes action! ALT takes off!
A certain smart money has been selling Sushi and other tokens to increase its ALT position in the past few days, adding hundreds of thousands of ALT each time.
In fact, not only this one, but several others are adding positions. Benqin told everyone about this more than a week ago, and also told everyone on the program.
Now he has broken through the previous high and started to take off!
When will you get it? Whenever the smart money in Ethereum runs, then I will run away. Pay more attention to the smart money on the chain, and there will be big meat to eat! đ°
If you are already profitable, you can stop some profits, allocate some funds, and make tomorrow's PIXEL and another potential currency.
A certain smart money has been selling Sushi and other tokens to increase its ALT position in the past few days, adding hundreds of thousands of ALT each time.
In fact, not only this one, but several others are adding positions. Benqin told everyone about this more than a week ago, and also told everyone on the program.
Now he has broken through the previous high and started to take off!
When will you get it? Whenever the smart money in Ethereum runs, then I will run away. Pay more attention to the smart money on the chain, and there will be big meat to eat! đ°
If you are already profitable, you can stop some profits, allocate some funds, and make tomorrow's PIXEL and another potential currency.
Omni Network: The Layer 1 Blockchain Bringing Spotlight To Restaking Category
Omni Network has just been announced by Binance to launch on #BinanceLaunchPoolđĽ . This is a Layer 1 blockchain project created with a mission to connect various blockchains.
Furthermore, the project is backed by significant investment funds along with an Airdrop program that is said to be substantial.
Let's explore more!
1. What is Omni Network?
Omni Network (Omni) is a Layer 1 blockchain designed to integrate #Ethereumâ rollup ecosystem into a unified system through Restaking. As a result, developers can build global applications that allow access to all liquidity sources and users of Ethereum.
The project has also just announced an Airdrop for users.
2. Key features of the project include:
Addressing Liquidity Fragmentation:
The Omni protocol aims to tackle fragmentation challenges by facilitating smooth communication and compatibility between different rollups:
Cross-rollup Communication: Omni allows users and applications to interact across different rollups as a unified network.Unified Liquidity Pools: By supporting Cross-rollup transactions, Omni helps aggregate liquidity, improve capital efficiency, and minimize slippage.Simplified User Experience:Users can enjoy a seamless experience with the ability to move assets or perform actions across rollups without complex processes or multiple steps, leveraging developer-friendly infrastructure.
The Restaking mechanism:
The Restaking mechanism introduced by the project presents a groundbreaking approach to blockchain security by utilizing Restaking $ETH . When ETH is Restaked on the Omni Chain, it enhances the security of other projects within the Ethereum network.
Omni Network also employs a "Dual Staking" mechanism through Restaking ETH and Staking OMNI. This not only enhances the security of the Ethereum Chain but also strengthens its own security budget as more OMNI tokens are staked.
Compatibility:
Compatibility is crucial for any project to achieve transactional and informational exchange consistency. With Omni Network, the project addresses compatibility needs by providing a protocol that supports Cross-chain communication, bridging interaction between multiple blockchains.
With this support, developers can easily create dApps that operate across multiple chains, minimizing complexity in connectivity and transactions.
In particular, through integration with EigenLayer, Omni Network ensures secure and robust Cross-chain transactions.
CometBFT:
CometBFT is a Byzantine Fault Tolerant (BFT) consensus mechanism designed to ensure network consensus in a distributed system, even in the presence of faulty or malicious nodes.
Its flexibility and efficiency make it an ideal choice for Omni, aiming to provide reliable Cross-rollup and Cross-chain communication services.
=> Developers can build dApps on Cross-chain without compromising performance and security.
Dual-Chain Architecture:
Omni introduces a breakthrough approach in blockchain architecture designed to enhance performance and scalability without compromising security.
Omni's architecture is divided into two main layers: Consensus Layer and Execution Layer. This dual-chain structure allows Omni to process transactions efficiently and manage global state across multiple networks.
=> Using a Modular blockchain structure makes Omni Network a name that maintains security from Restaking #ETHđĽđĽđĽ while improving transaction processing speed and cost efficiency through workload layering.
3. Token Information
Token Metrics
Token Name: Omni Network TokenTicker: OMNIBlockchain: EthereumToken Standard: ERC-20Contract: Updating...Token Type: Utility & GovernanceTotal Supply: 100,000,000 OMNICirculating Supply: 10,391,492 OMNI (110.39% of total supply)
Token Allocation
Private Sale Investors: 20.06%Public Launch Allocation: 5.77%Binance Launchpool: 3.5%Team: 25.25%Advisors: 3.25%Ecosystem Fund: 29.50%Community Fund: 12.67%
4. Token Distribution Schedule:
5. Token utility
The utility of the OMNI token includes:
Gas fees for transactions between Omni EVM and Cross-chain applications.Governance: decentralizing network governance through staking and governance voting.Creating a gas market for Cross-chain transactions.Staking for system security.
6. Roadmap
Q2/24:
Integration of Liquid Staking and Eigenlayer protocols as "Operators"#mainnet launchToken Generation Event (TGE)Deployment of a portion of the committed $11 billion to deploy xERC20 secured by Omni
Q3/24:
Launch of "Global Applications" (NGAs) on Omni EVMDeployment of multi-rollup smart contracts to scale applicationsRelease of Typescript frontend library to support application development
Q4/24:
Expansion of Omni Network to integrate Data Availability systems like EigenDA or CelestiaEnhancement of network rollup capabilitiesWelcoming MPC providers to offer services for organizations seeking access to Ethereum rollups
Team
Co-Founder/CEO â Austin King: He studied Computer Science at Harvard, developed InterLedger Network (processing over 10 billion transactions), sold a company to Ripple, and served as CEO of Omni Labs.Co-Founder/CTO â Tyler Tarsi: He studied Applied Mathematics, Computer Science, and Economics at Harvard. He has experience in building machine learning infrastructure for quantitative trading systems.
7. Investors & Partners
Investors
Omni Network successfully raised $18 million on March 26, 2023. This funding round saw participation from major funds such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures.
Partners
Omni Network's partners include major names, notably EigenLayer, which plays a crucial role in the platform's Restaking ETH strategy.
8. Analysis
Omni Network is a Layer 1 blockchain designed to integrate Ethereum's rollup ecosystem and address liquidity fragmentation issues. The project utilizes the Restaking ETH mechanism and Dual-Chain architecture to enhance security and performance. Notably, the support from major investors such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures, with $18 million raised, is noteworthy.
Being listed on Binance Launchpool recently adds to the attractiveness of the #restaking segment.
$ETHFI $ALT
Furthermore, the project is backed by significant investment funds along with an Airdrop program that is said to be substantial.
Let's explore more!
1. What is Omni Network?
Omni Network (Omni) is a Layer 1 blockchain designed to integrate #Ethereumâ rollup ecosystem into a unified system through Restaking. As a result, developers can build global applications that allow access to all liquidity sources and users of Ethereum.
The project has also just announced an Airdrop for users.
2. Key features of the project include:
Addressing Liquidity Fragmentation:
The Omni protocol aims to tackle fragmentation challenges by facilitating smooth communication and compatibility between different rollups:
Cross-rollup Communication: Omni allows users and applications to interact across different rollups as a unified network.Unified Liquidity Pools: By supporting Cross-rollup transactions, Omni helps aggregate liquidity, improve capital efficiency, and minimize slippage.Simplified User Experience:Users can enjoy a seamless experience with the ability to move assets or perform actions across rollups without complex processes or multiple steps, leveraging developer-friendly infrastructure.
The Restaking mechanism:
The Restaking mechanism introduced by the project presents a groundbreaking approach to blockchain security by utilizing Restaking $ETH . When ETH is Restaked on the Omni Chain, it enhances the security of other projects within the Ethereum network.
Omni Network also employs a "Dual Staking" mechanism through Restaking ETH and Staking OMNI. This not only enhances the security of the Ethereum Chain but also strengthens its own security budget as more OMNI tokens are staked.
Compatibility:
Compatibility is crucial for any project to achieve transactional and informational exchange consistency. With Omni Network, the project addresses compatibility needs by providing a protocol that supports Cross-chain communication, bridging interaction between multiple blockchains.
With this support, developers can easily create dApps that operate across multiple chains, minimizing complexity in connectivity and transactions.
In particular, through integration with EigenLayer, Omni Network ensures secure and robust Cross-chain transactions.
CometBFT:
CometBFT is a Byzantine Fault Tolerant (BFT) consensus mechanism designed to ensure network consensus in a distributed system, even in the presence of faulty or malicious nodes.
Its flexibility and efficiency make it an ideal choice for Omni, aiming to provide reliable Cross-rollup and Cross-chain communication services.
=> Developers can build dApps on Cross-chain without compromising performance and security.
Dual-Chain Architecture:
Omni introduces a breakthrough approach in blockchain architecture designed to enhance performance and scalability without compromising security.
Omni's architecture is divided into two main layers: Consensus Layer and Execution Layer. This dual-chain structure allows Omni to process transactions efficiently and manage global state across multiple networks.
=> Using a Modular blockchain structure makes Omni Network a name that maintains security from Restaking #ETHđĽđĽđĽ while improving transaction processing speed and cost efficiency through workload layering.
3. Token Information
Token Metrics
Token Name: Omni Network TokenTicker: OMNIBlockchain: EthereumToken Standard: ERC-20Contract: Updating...Token Type: Utility & GovernanceTotal Supply: 100,000,000 OMNICirculating Supply: 10,391,492 OMNI (110.39% of total supply)
Token Allocation
Private Sale Investors: 20.06%Public Launch Allocation: 5.77%Binance Launchpool: 3.5%Team: 25.25%Advisors: 3.25%Ecosystem Fund: 29.50%Community Fund: 12.67%
4. Token Distribution Schedule:
5. Token utility
The utility of the OMNI token includes:
Gas fees for transactions between Omni EVM and Cross-chain applications.Governance: decentralizing network governance through staking and governance voting.Creating a gas market for Cross-chain transactions.Staking for system security.
6. Roadmap
Q2/24:
Integration of Liquid Staking and Eigenlayer protocols as "Operators"#mainnet launchToken Generation Event (TGE)Deployment of a portion of the committed $11 billion to deploy xERC20 secured by Omni
Q3/24:
Launch of "Global Applications" (NGAs) on Omni EVMDeployment of multi-rollup smart contracts to scale applicationsRelease of Typescript frontend library to support application development
Q4/24:
Expansion of Omni Network to integrate Data Availability systems like EigenDA or CelestiaEnhancement of network rollup capabilitiesWelcoming MPC providers to offer services for organizations seeking access to Ethereum rollups
Team
Co-Founder/CEO â Austin King: He studied Computer Science at Harvard, developed InterLedger Network (processing over 10 billion transactions), sold a company to Ripple, and served as CEO of Omni Labs.Co-Founder/CTO â Tyler Tarsi: He studied Applied Mathematics, Computer Science, and Economics at Harvard. He has experience in building machine learning infrastructure for quantitative trading systems.
7. Investors & Partners
Investors
Omni Network successfully raised $18 million on March 26, 2023. This funding round saw participation from major funds such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures.
Partners
Omni Network's partners include major names, notably EigenLayer, which plays a crucial role in the platform's Restaking ETH strategy.
8. Analysis
Omni Network is a Layer 1 blockchain designed to integrate Ethereum's rollup ecosystem and address liquidity fragmentation issues. The project utilizes the Restaking ETH mechanism and Dual-Chain architecture to enhance security and performance. Notably, the support from major investors such as Pantera Capital, The Spartan Group, Hashed Fund, Jump Crypto, and Two Sigma Ventures, with $18 million raised, is noteworthy.
Being listed on Binance Launchpool recently adds to the attractiveness of the #restaking segment.
$ETHFI $ALT
See original
From the perspective of the sector, the pledge sector continues to lead the rise, and the safety of large capital flows is the first priority! #DeFiChallenge #restaking #3friends #č´¨ćź
See original
My opinion on the Restaking track:
1. The current success of LRT depends on: cycle continuity + sustainable development of the Ethereum ecosystem
2. Liquidity and TVL are the core evaluation criteria, and the winner takes all
3. Good investment target: Restaking underlying infrastructure + leading protocol (high TVL + high APR + many supporting assets)
4. Projects that allocate more tokens to the community have more advantages because they win people's hearts and have high TVL #ether.fi #restaking
1. The current success of LRT depends on: cycle continuity + sustainable development of the Ethereum ecosystem
2. Liquidity and TVL are the core evaluation criteria, and the winner takes all
3. Good investment target: Restaking underlying infrastructure + leading protocol (high TVL + high APR + many supporting assets)
4. Projects that allocate more tokens to the community have more advantages because they win people's hearts and have high TVL #ether.fi #restaking