How I earned my first A7 in the cryptocurrency circle
Looking back, it was really painful and happy. I am an ordinary person working in a cake shop. I entered the cryptocurrency circle last year. When I first started playing in the secondary market, I wanted to sell as soon as I bought. I couldn't hold it with my paper hands. Later, I went to the primary market and lost only 20,000 yuan of my principal, leaving only 5,000 yuan. Maybe it was my good luck or maybe it was God who made me learn. During this time when I lost 5,000 yuan, I was learning to play with money and also got a big money lightning. I came to the first A6 in the cryptocurrency circle. Later, I no longer rushed to buy local dogs, but bought some secondary coins, such as ORDI, OP, ETH, and SOL. I thought these were long-term investments until the inscriptions exploded. I directly invested heavily in the three stupid inscriptions. Later, the contract account of Mouse on Binance also came to A7. Looking at the account, I was a little unbelievable. I was so excited that I didn't sleep all night.
Can #ALT再质押生态 create glory for the pledge sector again?
The ALT re-pledge model basically expands the capabilities of traditional pledges in the Ethereum ecosystem by combining the use of EigenLayer. This approach allows for further utilization of already staked assets, making them re-staked in different DeFi services. Here is a more detailed breakdown:
Layered Staking: In the ALT re-staking model, assets such as Ethereum are already staked and can be re-staked. This process uses a secondary layer (such as EigenLayer) that facilitates re-staking without the need to unstake from the original Ethereum layer.
Increase Yield Opportunities: By re-staking already staked assets, users can earn additional yield on multiple levels. This is because these staked assets can participate in various DeFi protocols that offer different types of rewards.
Provide Liquidity: A significant advantage of the ALT re-staking model is that it helps maintain liquidity even for staked assets. This is achieved by issuing derivative tokens (such as Liquid Staking Tokens or LSTs) that represent the staked assets, which can be freely traded or used for other DeFi activities.
Security and Efficiency: Using a platform such as EigenLayer in the ALT re-staking model helps leverage Ethereum’s existing security framework, ensuring that additional staking layers do not compromise the security of the assets involved.
Flexibility and Interoperability: The ALT model enhances the flexibility of staked assets and promotes greater interoperability within the DeFi ecosystem.Assets can move more freely between different protocols, which can lead to innovative financial strategies and more robust DeFi market participation.
Now you can stake to obtain XTERIO and DODO, and then there are many projects such as SWELL
Staking page: stake.altlayer.io/vaults
