After the Ethereum spot ETF is successfully passed, if funds continue to flow in, Ethereum ecosystem projects may have a wave!
Layer2 aims to support the prosperity of the ETH ecosystem with high TPS and low GAS. Its importance is self-evident. Major projects include MATIC, MNT, ARB, STX, IMX, OP, STRK, ZK, AEVO, MANTA, BLAST, etc.
LSD protocol is a node-related pledge service that appeared after ETH switched from POW to POS. Major projects include LDO, SSV, RPL, FXS, etc.
DeFi applications cover Dex, lending, stablecoin trading, stablecoin issuance, etc. Major projects include Pendle, UNI, AAVE, COMP, CRV, MKR, etc.
Stablecoin protocol based on ETH pledge
There are many ways to issue stablecoins, one of which is to issue pledged assets. The largest pledged asset includes ETH. After LSD and re-pledge, the project party will use the pledged ETH to obtain liquidity income, and the stablecoin will have a natural yield. Major projects include ENA, LBR, etc. However, ENA has fallen by as much as 60% in the past 30 days.
Re-staking
Re-staking means staking assets again after the initial pledge. Re-staking has developed into one of the mainstream DeFi applications on Ethereum. Major projects include REZ, ETHFI, ALT, BB, etc.
The passage of Ethereum ETF may bring huge development opportunities to the Ethereum ecosystem
If you want to know more about the relevant knowledge and first-hand cutting-edge information of the currency circle, follow me. Junyangli publishes market analysis and recommends high-quality potential currencies every day