After the upgrade of Ethereum Shanghai, the amount of pledged ETH hit a new high, and it also eliminated the unstable factor that LSD (liquid pledged derivatives) cannot be redeemed. LSDFi is ushering in rapid development. Existing DeFi projects are limited by factors such as the inability to upgrade their code or slow project updates. New LSDFi projects have emerged, bringing LSDFi Summer. Below, PANews will take stock of recent LSDFi projects worthy of attention in various categories. The data in this article are all collected on June 9.

Lybra is also a project with higher mining income in LSDFi. As of June 9, DeFiLlama shows that Lybra’s TVL is US$186 million. The official website shows that the APR of minting eUSD (calculated based on minted eUSD) is 31.39%, and eUSD/USD LP The APR of LBR/ETH LP is 13.68%, the APR of LBR/ETH LP is 147.07%, and the APR of pledged LBR is 60.3%. Because the intrinsic value of eUSD will continue to rise; through over-collateralization, it is relatively safe; and it can participate in liquidity mining. Therefore, the price of eUSD tends to be higher than its intrinsic value, and there has been a 3% premium. The LSD income lost by eUSD minters will be compensated by the additional issuance of tokens. Another feature of Lybra is the token economy. In addition to the native token LBR, the mining output is esLBR. It takes one year to 100% unlock esLBR into LBR. If you choose the fastest unlocking speed (one month), you can only get 20% of LBR.

The currency circle is panicking! Because of the magical operation of US supervision. Do you still remember the excitement of the great tide in Hong Kong two months ago? ! Because of Hong Kong’s cautious and prudent new policies, the high-spirited force we expected to see from Hong Kong in June did not appear in the crypto market.

Hong Kong's new policy is being promoted cautiously and steadily during the delayed implementation. The first core priority is to ensure the safety of investors' interests. This matter should be the lowest and most critical foundation for Hong Kong's strong layout of the crypto economic center, but it has made the currency circle The restless excitement has been lost under the strict supervision.

Recently, Binance has been under attack from both sides. On the one hand, it is being pressed by U.S. regulators. On the other hand, controversy has erupted in the crypto community surrounding Binance’s currency listing standards and earnings. In addition to expressing dissatisfaction with the rate of return, it is also expressing its dissatisfaction with the new standards. Questions were raised. The entanglement with U.S. supervision is bound to be another protracted legal battle, and it is generally believed that it will not end until the two parties reconcile.

Standing at the center of the public opinion storm, as a former "bull market perpetual motion machine", does the Binance ecosystem have the ability to resist? Can Binance’s value capture still bring surprises? Is the "traffic effect" of this major encryption company still there? PANews tried to find out from the data.

An investment bubble is a situation in which the price of certain assets significantly exceeds its actual value. This situation is usually caused by market speculation and excessive optimism. In this case, asset prices will rise rapidly, attracting more investors to join in, forming a speculative boom, which will eventually lead to the collapse of asset prices and market collapse.

Such bubbles can lead to huge profits, but they can also lead to heavy losses. Being able to identify bubbles can have a huge impact on your investment decisions and portfolio.

What are the characteristics of bubbles?