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Calling All $SOL Fanatics! Raydium & Jito: Your Fee Rockstars!! ๐ŸŸฃ๐ŸŸข๐Ÿš€๐Ÿ’ช Listen up! We all know Solana's booming with innovation, ๐Ÿ‘€ but did you know some protocols are generating serious revenue for the chain? We're talking about Raydium and Jito, two heavy hitters among the 122+ protocols rocking the Solana ecosystem. In the last 30 days alone: ๐ŸŸฃ Raydium brought in a whopping $16.88 million for Solana, and its TVL has skyrocketed 49.81% to a staggering $917 million. ๐Ÿ“ˆ ๐ŸŸข Jito wasn't far behind, contributing $36.39 million in fees, and its TVL has also surged 27.56% to an impressive $1.769 billion. That's some serious coin and growth for #SOL ! But what exactly are these fees machines, and what are they up to? Let's break it down: Raydium: Your One-Stop DeFi Shop ๐ŸŸฃ ๐Ÿ›’ ๐ŸŸช Think of Raydium as your all-access pass to the amazing world of DeFi on Solana. Here's what they offer: AMM: Swap tokens with ease and efficiency. ๐ŸŸช Staking: Earn rewards by staking your SOL tokens. ๐ŸŸช Launchpad: Discover promising new crypto projects launching on Solana. ๐ŸŸช Farming: Earn additional rewards by providing liquidity to Raydium's AMM pools. ๐Ÿง‘โ€๐ŸŒพ Jito: Supercharge Your Solana Experience ๐ŸŸข๐Ÿค‘ Jito takes your Solana game to the next level with innovative features like: ๐ŸŸฉ Liquid Staking: Earn rewards on your staked SOL without locking them up. ๐ŸŸฉ MEV Capture: Maximize your returns by capturing the "best execution" value on Solana transactions. ๐ŸŸฉ Bundle Transactions: Simplify complex DeFi actions by bundling them into one seamless step. Stay tuned! We'll be diving deeper into Raydium and Jito's functionalities in future posts. ๐ŸŸฃ๐ŸŸข In the meantime, let us know in the comments below What other Solana protocols are you excited about? DYOR! #altcoins #MtGox

Calling All $SOL Fanatics! Raydium & Jito: Your Fee Rockstars!! ๐ŸŸฃ๐ŸŸข๐Ÿš€๐Ÿ’ช

Listen up! We all know Solana's booming with innovation, ๐Ÿ‘€ but did you know some protocols are generating serious revenue for the chain? We're talking about Raydium and Jito, two heavy hitters among the 122+ protocols rocking the Solana ecosystem.

In the last 30 days alone:

๐ŸŸฃ Raydium brought in a whopping $16.88 million for Solana, and its TVL has skyrocketed 49.81% to a staggering $917 million. ๐Ÿ“ˆ

๐ŸŸข Jito wasn't far behind, contributing $36.39 million in fees, and its TVL has also surged 27.56% to an impressive $1.769 billion.

That's some serious coin and growth for #SOL ! But what exactly are these fees machines, and what are they up to? Let's break it down:

Raydium: Your One-Stop DeFi Shop ๐ŸŸฃ ๐Ÿ›’

๐ŸŸช Think of Raydium as your all-access pass to the amazing world of DeFi on Solana. Here's what they offer:

AMM: Swap tokens with ease and efficiency.

๐ŸŸช Staking: Earn rewards by staking your SOL tokens.

๐ŸŸช Launchpad: Discover promising new crypto projects launching on Solana.

๐ŸŸช Farming: Earn additional rewards by providing liquidity to Raydium's AMM pools. ๐Ÿง‘โ€๐ŸŒพ

Jito: Supercharge Your Solana Experience ๐ŸŸข๐Ÿค‘

Jito takes your Solana game to the next level with innovative features like:

๐ŸŸฉ Liquid Staking: Earn rewards on your staked SOL without locking them up.

๐ŸŸฉ MEV Capture: Maximize your returns by capturing the "best execution" value on Solana transactions.

๐ŸŸฉ Bundle Transactions: Simplify complex DeFi actions by bundling them into one seamless step.

Stay tuned! We'll be diving deeper into Raydium and Jito's functionalities in future posts. ๐ŸŸฃ๐ŸŸข In the meantime, let us know in the comments below What other Solana protocols are you excited about? DYOR! #altcoins #MtGox

ุฅุฎู„ุงุก ุงู„ู…ุณุคูˆู„ูŠุฉ: ุชุชุถู…ู† ุขุฑุงุก ุฃุทุฑุงู ุฎุงุฑุฌูŠุฉ. ู„ูŠุณุช ู†ุตูŠุญุฉู‹ ู…ุงู„ูŠุฉ. ูŠูู…ูƒู† ุฃู† ุชุญุชูˆูŠ ุนู„ู‰ ู…ูุญุชูˆู‰ ู…ูู…ูˆู„.ย ุงุทู„ุน ุนู„ู‰ ุงู„ุดุฑูˆุท ูˆุงู„ุฃุญูƒุงู….
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๐Ÿ’ฌ ุชูุงุนู„ ู…ุน ู…ูู†ุดูุฆูŠ ุงู„ู…ูุญุชูˆู‰ ุงู„ู…ููุถู‘ู„ูŠู† ู„ุฏูŠูƒ
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$REZ , Here's What You Missed at the Community Call! Big things are happening at Renzo, and they spilled the beans in their first community call! Here's a quick rundown for all you REZ fans: ๐Ÿ’ป๐Ÿ‘‡ Looking Back โ€“ 5 Months of Growth: ๐Ÿš€ ๐Ÿ”ฅ7 Integrated Ecosystems: From #ARB to $BNB Chain and beyond, Renzo's got you covered. ๐Ÿ”ฅ100+ DeFi Dapp Integrations: That's a lot of ways to earn on your crypto! ๐Ÿ”ฅ$1.2 Billion on Rollups: A massive chunk of their TVL is on these speedy networks. What's Next โ€“ Expanding the Ecosystem: ๐Ÿ’ฅ๐Ÿค” Renzo's working on integrating with new rollups to redefine ERC-20 token restaking and unlock even more liquidity. They're also leveraging the security of Eigen for added peace of mind. Exciting News for #REZ and ezETH Holders: ๐Ÿ‘ Get ready for REZ restaking expansion and governance coming soon! They're also exploring new ways to use your ezETH. **The Big One โ€“ Withdrawals! **๐Ÿ˜ค This is what everyone's been waiting for. To enable key integrations with DeFi giants like Compound, $AAVE , and Gearbox, Renzo needed to upgrade to secure EigenLayer contracts. The Good News: ๐ŸŽ‰ The wait is over! Audits are done, contracts get a security-first upgrade soon, and withdrawals will roll out in phases (small tests first!). They'll have guides and an AMA to help you out. It's clear that Renzo's moving fast and building something big. Stay tuned, REZ fam! DYOR! #altcoins #ETHFI #Megadrop
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L2 Showdown: ๐Ÿ“ฃ May's Top Rollups! (Spoiler: It's Heating Up)Let's break down the hottest names in the L2 world for May 2024 (focusing on Optimistic Rollups for now). Who's bringing the heat?๐Ÿ’ป๐Ÿ‘‡ New User Smackdown: ๐Ÿฅ‡ $ARB : Takes the crown with 6.28 million new users (peaked at a whopping 637k new addresses on May 18, wow!). ๐Ÿฅˆ$OP : No slouch either, with 6.13 million new users joining the party (averaging over 200k daily). ๐Ÿฅ‰Base: Comes in third with 3.34 million new users (around 111k daily). Transaction Hustle: ๐Ÿš€ ๐Ÿฅ‡Base: Takes the lead with 67.2 million transactions (averaging over 2.17 million daily). ๐ŸฅˆARB: Not far behind with 63 million transactions (averaging over 2 million daily, up from last month!). ๐Ÿฅ‰OP: Trails with 17.54 million transactions (around 0.57 million daily). Active Address All-Stars: ๐Ÿ”ฅ ๐Ÿฅ‡ARB: Crushes it with 7.84 million active addresses (a crazy 68% increase from April!). ๐ŸฅˆBase: Holds steady with 3.85 million active addresses. ๐Ÿฅ‰OP: Sees a slight dip with 2 million active addresses (down 14% from April). Fee Frenzy: ๐Ÿ’ต (**Everyone's fees are dropping!) ๐Ÿฅ‡Base: Lowest fees at $6.86 million (down 40% from April). ๐ŸฅˆARB: Fees also tanking at $0.85 million (down 63% from April). ๐Ÿฅ‰OP: Fees down 27% from April, sitting at $1.55 million. Who's your L2 MVP this month? ๐Ÿคทโ€โ™‚๏ธ๐Ÿ‘‡Let us know in the comments! DYOR! #altcoins #OP #ARB #Megadrop Thanks TheBlock and Growthepie for info. ๐Ÿ™๐Ÿ‘
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