[Investment Research Fast Food] $PSTAKE
1. The current market value is low + basically fully circulated. The current coin price is close to the private placement price of 0.1u in 2021. It will receive Binance investment in 2022 when the coin price is high.
2. Binance recently released a public recruitment plan to support small and medium-sized projects, and there is a possibility of listing on Binance.
3. New narrative, cooperate with the popular Babylon to start BTC staking business and open up narrative stories.
Babylon is a Bitcoin staking protocol founded by Professor David Tse of Stanford University. It received $96 million in investment in the early stage, including Paradigm, Hashkey, Binance Labs, Polychain, IDG and other institutions. Babylon is similar to the Eigenlayer status in Ethereum. It is currently in the test network stage. After its main network is launched, TVL is expected to grow rapidly.