Hello everyone, Trong currently sees that the community is quite hyped about @CelestiaOrg when everyone knows that $TIA is the leading project in the DA segment. But in reality, $TIA 's DA is 28 times more expensive than $NEAR , with @ethereum being 87,800 times (after update EIP-4844 Ethereum's DA will be 4800 times).
For those of you who don't know, Data Availability (DA) will help Validators/Nodes in the network have enough reliable data from the past, thereby authenticating and creating new data and then storing it. into Blockchain. In short, DA is a data storage solution for L1s and NEAR is the best project in this field because their infrastructure is very strong and stable (never had a network failure) and extremely low costs.
Projects using NEAR DA include: @arbitrum, @dymension, @alt_layer, @Starknet and @0xPolygon,... NEAR DA will have 2 fee sources including network storage fee + tx fee on NEAR (calculated in blocks) and this unintentionally causes $NEAR to deflate faster. Especially when Layer2 ecosystems explode, NEAR will also benefit from its DA service. You can imagine when the GameFi wave comes, especially when fully-onchain games launch, how terrible the amount of data will be. 😁
That's how great NEAR's infrastructure and technology is. Later, if you see someone post an article saying $TIA is the boss in the DA segment, you just need to quietly send this article to them. 😂 #NEAR#TIA #LAYER2
🔥The 53rd project on Binance Launchpool is called Renzo - $REZ
💎Renzo Protocol is a liquid restaking (LRT) project on Arbitrum. Acts as an interface to the EigenLayer ecosystem that secures Actively Validated Services (AVS).
✅The project has raised $6.4M with a quality Backed team such as: Binance Labs (lead), OKX Venture, Mantle Network, Robot Ventures, SevenX Ventures,...
➡️Instructions for joining Launchpool.
✅Just stake $BNB or $FUSD in the EARN ⇒ section to receive $REZ tokens. ⏰Time: 7:00 April 24 - 06:59 April 29 (Vietnam Time). 🌐Note: Binance will be the first Cex exchange to list $REZ with trading pairs: REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY at 19:00 on April 29.
🔥If you don't have a Binance Account, register here to get 15% back on your trading fee forever👇 https://accounts.binance.com/register?ref=63125182
🖥Details about Binance Launchpool: https://www.binance.com/en/support/announcement/introducing-renzo-rez-on-binance-launchpool-farm-rez-by-staking-bnb-and-fdusd-b1e64410cc9c4ab29687392f5581a61b
6/ $ONDO - OndoFinance belongs to the Treasuries segment with support from Blackrock and a series of other prominent VCs such as: DCG, Pantera, Coinbase, CMS, Wintermute, Founders Fund
They have 2 main products: Stablecoin $USDY & tokenization of US government bonds
TVL 300M+
Fundraising: 32.4M
MC: 1.2B
FDV: 8.3B
Although $ONDO is currently the lead trend RWA project (only counting projects that already have tokens), Trong will still choose to Invest in the Private Credit segment, specifically $CFG & $GFI with a higher expected ROI than $ONDO
7/ $mTBILL - @MidasRWA is a project in the same segment as $ONDO with support from Blackrock & Circle. Midas' main product is the tokenization of the US government's treasury
Blackrock has entered the RWA game, a sector with huge potential & market share but still undervalued. Here are 8 Hidden Gems that will make you regret if you miss them
1. As an Investor, Trong only focuses on 4 main pieces of the puzzle including: Private Credit, Treasuries, Infrastructure & Marketplace.
2. $CFG - @centrifuge L1 EVM acts as a Platfrom Onchain Credit with the best cash flow performance in the Private Credit segment with a loan amount of 294M$.
With Backed voltage stabilizers such as: @fabric_vc, Coinbase Ventures, Galaxy Ventures, IOSG Ventures, BlockTower Capital,...13495
In the context of#RWAprojects that have had a sudden growth, there is only $CFG with the best Active Loans growth rate but no major fluctuations in price => opportunity for you to get on board. .
✅Fundraising: 38.83M ✅MC: 350M ✅FDV: 388M
3/ $GFI - @goldfinch_fi is a Private Lending project, providing loans without collateral (only serving institutional customers).
Standing out with a huge Backed lineup including: @a16z, @IDEOVC, @cbventures,....
$ONDO has BlackRock, $GFI has a16Z :D
$GFI is currently ranked 3rd in the Private Credit segment with a total loan of 107M$ after $CFG & $MPL.
Those who joined after $GFI are also on X4.
✅Fundraising: 37.7M ✅MC: 278M ✅FDV: 444M
5/ $MPL - @maplefinance Rare project operating in both Private Credit & Treasuries segments.
Maple had a great time in the previous cycle with total loans reaching 2B$, but due to the influence of Celsius, they were also affected by bad debt of 53M$.
With Backed voltage stabilizer: @hiFramework, @polychain, CSR, Spartan,...
Their highlight lies in the usecase when allowing holders to participate in staking to share revenue.
Currently $MPL ranks top 2 in the Private Credit segment with loans of 167M & 16M in the Treasuries segment
✅Fundraising: 8.9M ✅MC: 68M ✅FDV: 154M
In the Private Credit segment, Trong will still prioritize $CFG. After $CFG, $MPL will be the next option (if there is a good position) 😁
Due to the character limit, today's post will only be here, everyone. Trong will publish part 2 tomorrow.
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!