Restaking is a relatively new approach that aims to make staked tokens more versatile and productive by allowing individuals to stake the same tokens on multiple protocols. As such, staked tokens are no longer idle; their potentials as liquid staking tokens (LTSs) are unlocked for more rewards.
Jun 25
6 min read
Liquid staking tokens (LST) sector on Solana is fragmented. Most LSTs have low liquidity and fail to attract users. Furthermore, the idea of LST is not as popular on Solana as it’s on Ethereum. Only about 6% of staked SOL is liquid. This hinders the use of LSTs in Solana DeFi protocols. Since majority of LSTs lack liquidity, users can experience huge slippage swapping an LST with another one, e.g., bSOL to dSOL.
Apr 15
5 min read
Ethena is a pioneering DeFi project that offers a stablecoin, USDe, backed by Ethereum and Bitcoin through a strategy known as delta-hedging. This article explores Ethena’s operational mechanics, yield sources, and the potential risks that could impact its stability and profitability in the volatile cryptocurrency market.
Last edit: Mar 03
4 min read
EigenLayer has not issued its own token yet, but there's 99% possibility they will introduce one eventually. To engage users, they've implemented a points system, rewarding those who restake through EigenLayer and its affiliated platforms. Participants engaging in both testnet and mainnet activities and accumulating points might be eligible for an airdrop when EigenLayer decides to release its token.
Feb 14
6 min read
The article discusses the recent innovation of 'restaking' in crypto economics, emerging since Ethereum's transition to a Proof of Stake (PoS) mechanism in 2022. Restaking, introduced by EigenLayer, allows for staked tokens to be used in multiple protocols, enhancing their utility and rewards potential. The article outlines three methods of restaking: Native Restaking, Liquid Restaking (with its two forms, Basket-based and Isolated LSTs), and the emerging Superfluid Restaking.
Jan 16
12 min read
In December 2023, $1 billion was raised by crypto startups across 105 unique rounds. Our top 10 projects that raised capital include Babylon Chain, Formless, Eclipse Fi, Liquidium, RIO Network, Wynd Network & Grass, MAP Protocol, LandX, Farcana, and Endless Clouds. These projects span various sectors such as Bitcoin Economy, Creator Economy, Interoperability, Staking 2.0, Gaming, and Real World Assets, and have secured funding ranging from $1.25 million to $18 million.
Jan 12
18 min read
In this report, we're going to walk you through the 7 sector in crypto that we believe are set to grow the fastest. This include the Bitcoin Economy, the merger of AI and Crypto, non-EVM chains, SocialFi, Real World Assets, Staking 2.0 and the return of the Metaverse!
05 Sep 2023
7 min read
The recent launch of its bridge and Mainnet Beta are clear indicators of the network's growth and potential. The seven projects highlighted here demonstrate the diversity and creativity within the Tenet ecosystem.
25 Aug 2023
5 min read
LPDfi is a new trend where LP Tokens act as yield-generating assets. This allows for the creation of various products like stablecoins, lending/borrowing platforms, options, and perpetual DEX contracts.
15 Jul 2023
This article will provide an update and overview of the current LSDfi stablecoin market.
28 Jun 2023
The world of decentralized finance (DeFi) is evolving rapidly, introducing new trends and protocols that offer more efficiency, inclusivity, and financial innovation than ever before. Among the many innovations, stablecoins have become one of the core components of DeFi, enabling a more stable form of digital asset pegged to traditional currencies such as the US Dollar, Euro, or other stable assets.
15 Jun 2023
UnshETH is an innovative new DeFi primitive that's challenging the status quo and promoting competition among Ethereum's liquid staking protocols. Its ultimate goal is to transform the staking experience for millions of ETH users and stimulate decentralization of validator nodes.
13 Jun 2023
Tenet is a layer-1 DeFi blockchain solution designed to make your crypto life easier. Built using the versatile Cosmos SDK, Tenet brings a novel approach to improving network security and using Liquid Staking Derivatives (LSDs) in a way that's more secure than traditional methods.