LIVETDoughnut
@TDoughnut
I give the best shot at valid opinions and fact, analyzing, evaluating current trends and projections.
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LRTs and LRPs
TradiFi (Traditional Finance) having Liquid Restake Protocol, a different form of Liquid Restake Tokens in DeFi (Decentralized Finance), would give such TradiFi institutions an edge over most other conventional commercial banks across the globe.
LRT is a new kid on the block in DeFi and requires some level of technical navigation and fundamental understanding of DeFi (if you need a quick call on DeFi to catch up, look up Adrian Pape)
✨ Benefits of LRTs
1. Capital Efficiency: Users earn rewards from multiple protocols with the same capital.
2. Enhanced Security: It allows new protocols to tap into Ethereum's existing security layer (right now, via EigenLayer) .
✨ Risks of LRTs
1. Centralization Risk: Potential for systemic risk to Ethereum if too many stakers move to EigenLayer.
2. Yield Risk: High yield competition among protocols could dilute staking rewards.
Restaking offers a way to maximize staking rewards and protocol security, but it comes with its own set of risks, particularly around yield and centralization.
NB: The acronym LRP, I coined, for TradiFi, for conveyance of the same idea as it runs, starting with DeFi.
In the next post, I'll talk more about LRT and what it entails. In anticipation, give a like and share this post like doughnut 🍩 is shared with frens 😉!
#dyor #DeFiChallenge #BinanceSquare
LRTs and LRPs
TradiFi (Traditional Finance) having Liquid Restake Protocol, a different form of Liquid Restake Tokens in DeFi (Decentralized Finance), would give such TradiFi institutions an edge over most other conventional commercial banks across the globe.
LRT is a new kid on the block in DeFi and requires some level of technical navigation and fundamental understanding of DeFi (if you need a quick call on DeFi to catch up, look up Adrian Pape)
✨ Benefits of LRTs
1. Capital Efficiency: Users earn rewards from multiple protocols with the same capital.
2. Enhanced Security: It allows new protocols to tap into Ethereum's existing security layer (right now, via EigenLayer) .
✨ Risks of LRTs
1. Centralization Risk: Potential for systemic risk to Ethereum if too many stakers move to EigenLayer.
2. Yield Risk: High yield competition among protocols could dilute staking rewards.
Restaking offers a way to maximize staking rewards and protocol security, but it comes with its own set of risks, particularly around yield and centralization.
NB: The acronym LRP, I coined, for TradiFi, for conveyance of the same idea as it runs, starting with DeFi.
In the next post, I'll talk more about LRT and what it entails. In anticipation, give a like and share this post like doughnut 🍩 is shared with frens 😉!
#dyor #DeFiChallenge #BinanceSquare
1/ Do you want to make a lot of money in Crypto?
Everyone wants to make a lot of money in crypto!
But to make a lot of money, you need just one thing, and it is very important: lot of money!
'lot of money' is relative, however, people come across the money they invest into crypto via several means. The most common is - Jobs.
1) These jobs can be conventional
2) The other is via crypto/web3 related jobs. This may include services rendered for crypto projects. You get paid for your freelance.
3) Gifts: you could get gifts from 'frens' & families to start your crypto investment. When & if this comes to play, be sure you're given a long leash. Success isn't overnight. Okay, back up. Success can come overnight, however you can't bank on being the next outlier.
Next STEP in the next post. Stay jiggy, frens!#BinanceTournament
Everyone wants to make a lot of money in crypto!
But to make a lot of money, you need just one thing, and it is very important: lot of money!
'lot of money' is relative, however, people come across the money they invest into crypto via several means. The most common is - Jobs.
1) These jobs can be conventional
2) The other is via crypto/web3 related jobs. This may include services rendered for crypto projects. You get paid for your freelance.
3) Gifts: you could get gifts from 'frens' & families to start your crypto investment. When & if this comes to play, be sure you're given a long leash. Success isn't overnight. Okay, back up. Success can come overnight, however you can't bank on being the next outlier.
Next STEP in the next post. Stay jiggy, frens!#BinanceTournament
How to Avoid Falling Victim to a Crypto Rugpull During this Bear
1. Research: Thoroughly research the project, its team, and its goals. Look for transparency, a clear use case, and genuine community engagement.
2. Team Information: Verify the team's identities and backgrounds. Check if they have experience in relevant industries.
3. Whitepaper: Read the project's whitepaper to understand its purpose, technology, and goals. Ensure it's well-written and comprehensive.
4. Transparency: Ensure the project provides regular updates, communicates openly, and shar
2. Team Information: Verify the team's identities and backgrounds. Check if they have experience in relevant industries.
3. Whitepaper: Read the project's whitepaper to understand its purpose, technology, and goals. Ensure it's well-written and comprehensive.
4. Transparency: Ensure the project provides regular updates, communicates openly, and shar
Top 10 Most Popular Cryptos
Bitcoin (BTC)
Market cap: $561.3 billion
Ethereum (ETH)
Market cap: $220.2 billion
Tether (USDT)
Market cap: $83.8 billion
Binance Coin (BNB)
Market cap: $37.7 billion
XRP (XRP)
Market cap: $36.3 billion
U.S. Dollar Coin (USDC)
Market cap: $26.4 billion
Dogecoin (DOGE)
Market cap: $10.8 billion
Cardano (ADA)
Market cap: $10.7 billion
Solana (SOL)
Market cap: $9.5 billion
TRON (TRX)
Market cap: $7.0 billion
$BTC $ETH $BNB #FDUSD #MultiChain #BinanceTournament #googleai #Worldcoin
Bitcoin (BTC)
Market cap: $561.3 billion
Ethereum (ETH)
Market cap: $220.2 billion
Tether (USDT)
Market cap: $83.8 billion
Binance Coin (BNB)
Market cap: $37.7 billion
XRP (XRP)
Market cap: $36.3 billion
U.S. Dollar Coin (USDC)
Market cap: $26.4 billion
Dogecoin (DOGE)
Market cap: $10.8 billion
Cardano (ADA)
Market cap: $10.7 billion
Solana (SOL)
Market cap: $9.5 billion
TRON (TRX)
Market cap: $7.0 billion
$BTC $ETH $BNB #FDUSD #MultiChain #BinanceTournament #googleai #Worldcoin
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BTCBreaks86k
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$BTC
$BTC on fire 🔥 86000$ 😎
Adding every THOUSAND (000) like a pro
I have been alarming 🚨 of this , 👇
Once BTC BREAKOUT ABOVE 👆 ⬆️ 70000$ ,
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And here we are.
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THAT BIG 🆙 CANDLE U CAN WITNESS ACROSS ALL ALTS.
SO GET INTO ALTS WHICH HAS NOT MOVED MUCH YET.
#criptohindustan #BTCBreaks86k #HaveYouBinanced #AltCoinRush #DogecoinPriceSurge
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