this is a defi protocol for fixed interest debt debt. The key word is fixed interest. Not floating flowers. Fixed interest can be considered admin rather than interest. So it's clear up front how much to borrow and how much to return. Don't use percentages. If you want to borrow, you can mortgage tokenized assets. What are the assets? He received many kinds, one of which is Real World Assets, which are tangible assets, which means the goods can be felt, such as shares, houses, ETFs, precious metals, etc. So these assets are tokenized Tokenized means that the asset is tokenized in Defi and entered into the ecosystem. There are Dapps and validators. After becoming an RWA token, the asset is included in the Defi ecosystem which has an Auton Market Maker, for example HIFI, which provides a liquidity pool. For accounts payable and receivable (Lending & Borrowing), this system adds liquidity so that everyone can participate. Remember, this is the future, not the present, even though hifi has claimed its receivables have reached 1 million$, it is still very early in the process (too early).
$SEI Is blockchain layer 1. That's it. What is always talked about is the speed of transactions, to the point of daring to compare itself with bitcoin, ethereum, solana. And I always say, regarding TPS (Transactions per second) I am not a fan.
SEI has TPS 20,000 operations per second. The speed is 380 milliseconds, while bitcoin alone still takes 60 minutes, eth 6 minutes and sol 2.5 seconds.
Actually, who needs transactions that fast? Is exchange, dex and big projects.
Claim data came out with the boring numbers, and continuing Jobless has been like that for a month. However GDP is above the forecast of 3.2% it raised to 3.4% surprisingly. Surprise? Not really as we know that US Debt is just All time high, how US will pay? Inflate, QE or lost its reserve currency status. Whatever Bitcoin will remain better inflation hedge.
Today PCE report came out so does Powell Speech. Why does he need to convince market? Because PCE will not come satisfyingly, it will come with hot number.
And that means may pump and dump if he will be back hawkisly.
#FIL This is a cloud and decentralized data storage system. What this means is, our cellphone memory is limited, we can't keep saving up to 15,000 photos of our not-so-cute selfies, it's a shame that the cellphone is slow. So it's like an iPhone with iCloud. Also to send emails so they don't lag because the attachments are too heavy, Dropbox is used. Well, just like that, Filecoin provides a peer to peer data storage system, what this means is that every computer has memory, not all of it is used, we can rent out the storage in the market place, in return we get Fil coins. And the data is ours, unlike Dropbox or iCloud which are stored on their servers, File Coin stores it in a decentralized blockchain-based manner called IPFS, interplanetary file system. In the file storage sector, Filecoin is the market leader with the largest market cap of 4 billion+ dollars, already in Coinbase, with good fundamentals, has more potential to accommodate Arweave left overs that don't fluctuate.
Bakery Swap ($BAKE ) is an automated Market Maker, namely trading assets using a liquidity pool without waiting for buyers and sellers for a long time. So someone will catch up first. This type of Dex uses a money robot so it can be sold immediately rather than waiting for buyers or sellers to sell on regular exchanges. Of course, the asset is also liquid, which means it has a high market and demand, if NFT images of guava don't sell normally. Because running on the BNB chain is expected to have 10x the size of the normal liquidity pool. The transaction fee is 0.30% and the 0.25% goes into the liquidity pool. BAKE now has ERC 404 which can be used for NFT transfers too. Having Bake is good, you can transfer via Telegram, no coding required, if you have Bake, the transaction is free. Those who don't hold the bake will be charged. But the costs are shared with the bake hodler. So tokens can continue to increase, but it's not big, there are a lot of hodlers. Bake isn't available on Coinbase yet, NFT swaps like this tend to take a long time if it's a swing, but if it's a trend it's fast.
ASTR OR Astar Network is a network created by developers to build Dapps and Layer 2 solutions so that they are connected by providing infrastructure access to Web 3 and so on. For example, Astar connects the Polkadot ecosystem to ethereum & cosmos. This project is supported by Coinbase and Binance. Yes, it's definitely good. The goal of this project is to connect all layer two solutions with smart contracts on various chains, as well as virtual machines. there is no coinbase yet. Very potential. There's still a long way to go. Good project and fundamental.
Dencun upgrade focuses on scalability and reducing L2 network costs. Scalability is a problem that arises because the network grows to accept more transaction processes, so to prevent it from getting stuck like Solana, a solution is needed. The solution is called scalability.
"#Ethereum Dencun upgrade day triggers surge in layer 2 protocol token value"