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🚀Các giao thức hàng đầu theo mức tăng trưởng TVL trong hệ sinh thái @base 7 ngày qua 🥇@xyfinance 🥈@TimeswapLabs 🥉@AlienBaseDEX 🌐Theo dõi @GemX_Crypto để có cái nhìn sâu hơn nhé! #Base #Blockchain

🚀Các giao thức hàng đầu theo mức tăng trưởng TVL trong hệ sinh thái @base 7 ngày qua
🥇@xyfinance
🥈@TimeswapLabs
🥉@AlienBaseDEX
🌐Theo dõi @GemX Crypto  để có cái nhìn sâu hơn nhé!
#Base   #Blockchain  

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⚡️Zetachain - The First Omnichain Concept @zetablockchain, a novel concept in the crypto market. Offering a compelling option for developers and users seeking to leverage the benefits of mining on any blockchain. 🧵Let's dive into an overview of Zetachain 1/ What is Zetachain? Zetachain is an omnichain platform addressing the gap between "cross-chain" and "multichain", aiming to expand crypto and global financial ecosystems for everyone. It supports mobility and a multichain ecosystem within crypto, enabling users to harness any blockchain's benefits: Payments, DeFi, Liquidity, Games, Arts, Social Graphs, Security, and more. 2/ Key Features of Zetachain: 🔥Decentralized and public: Built on Cosmos SDK and Tendermint Consensus, Zetachain is a decentralized and public blockchain network. 🔥Hyper Node: Zetachain's nodes oversee transactions across all connected chains. 3/ 🔥Omnichain smart contracts: Smart contracts deployed on Zetachain can read/write to connected chains. 🔥Managed external assets: Enables asset management across any chain, similar to a smart contract on a single chain managing assets on corresponding chains. 4/ 🔥Cross-chain message passing: Developers can transmit messages (data and value) between chains and layers, enabling robust cross-chain Dapps with just a few functions deployed within their existing smart contracts. 5/ Zetachain Ecosystem: Zetachain's ecosystem is relatively robust for a Layer1 blockchain with the project's current raised capital. The project continues to develop and build new Dapps in the future. 6/ Investors: The project has been invested in by GSR, CTM Holdings, with funding of up to $27M. However, these are Tier 3 funds, not highly rated or well-known in previous investment deals. 7/ Conclusion: Zetachain presents a promising option for users and developers seeking an omnichain solution. Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions #ZetaChain #GemxCrypto

🚀Hong Kong Approves BTC and ETH ETFs Hong Kong has given the green light to the first Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Funds (ETFs). This is a big step forward for the crypto market! Here's how these ETFs could change the game👇 1/ Six cryptocurrency spot ETFs, including three Bitcoin Spot ETFs and three Ether Spot ETFs, are set to commence trading in Hong Kong on April 30, 2024. This marks a significant step in expanding investment options and fostering crypto market growth in Hong Kong. 2/ Unlike the cash-settled model of Bitcoin spot ETFs in the US, Hong Kong aims to provide a physically settled model for ETFs, allowing new ETF units to be created using BTC and ETH. 3/ Competitive management fee landscape: Harvest offers free management fees for clients in the first six months, followed by a fee of 0.3%. Bosera imposes a fixed management fee of 0.6% for both Bitcoin and Ether spot ETF products. ChinaAMC has the highest fee, fixed at 0.99%. 4/ As a leading financial hub in Asia, Hong Kong is expected to inject substantial capital into the cryptocurrency market. According to Bloomberg analysts, this capital influx could reach $1 billion within the first 1-2 years. 5/ Projects like ETH and related ones are poised to benefit significantly from this news. However, it's essential to approach trading opportunities cautiously, with clear take-profit and stop-loss targets. Avoid FOMO, especially in volatile market environments. #GemxCrypto #BTC🔥🔥🔥🔥🔥 #ETH🔥🔥🔥 #ETFs

🔮Wormhole: The Cross-Chain Project Making Waves Wormhole, a cross-chain project, gained immense attention recently with a staggering $700M airdrop and its listing on top exchanges like Binance on But what exactly is Wormhole? Let's dive in👇 1/ What is Wormhole? Wormhole serves as a bridge, facilitating asset transfers across various blockchains. Currently, it supports over 30 chains, including Ethereum, Solana, BNB Chain, and more. 2/ How does it work? - Users deposit tokens from Chain A into Wormhole. - Wormhole mints wrapped tokens on Chain B and locks the corresponding tokens on Chain A. - When withdrawing assets, users send wrapped tokens to Wormhole. - Wormhole burns the wrapped tokens and unlocks the corresponding tokens on Chain A. 3/ Wormhole's Milestones: • Processed over 1B transactions with a volume exceeding $40B. • Supported by 200+ dApps across various blockchains. • Offering solutions like Wormhole Messaging, Queries, Connect, NTT, and Gateway. 4/ Security Concerns: Wormhole faced a major hack resulting in a loss of $326M. However, efforts by Jump Trading and Oasis retrieved $140M, demonstrating the project's resilience. 5/ The Massive Airdrop: Worm token's launch on 3/4 reached a market cap of $2.98B, with a $700M airdrop, marking a significant milestone for the project. 6/ The Team Behind Wormhole: Founded by Jump Crypto, backed by major investors like Coinbase, Multicoin Capital, and Jump Trading. Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions 🔥Follow @GemX Crypto for more latest news and insights on trending projects. #Wormholecoin #GemxCrypto

🔥Big shoutout to PhronAI for PhronZero PhronAI just introduced PhronZero, a platform leveraging AI to simplify blockchain creation. PhronZero offers user-friendly tools, customizability, cost-effective options & top-notch security. Ready to build your blockchain empire? PhronZero makes it possible! ⚡️Explore more on Gemx.io: http://gemx.io/research/phronai-building-your-own-blockchain-empire-with-ai… #PhronAI #GemxCrypto

🔥Ethena: A DeFi Game Changer @ethena_labs recently secured $14 million in funding (February 16, 2024) from prominent investors like Dragonfly Capital, Binance Labs, Paypal, and Fidelity. But what exactly is Ethena? Let's dive in⬇️ 1/What is Ethena? Ethena Labs pioneers a decentralized stablecoin issuance protocol on Ethereum. It offers a stablecoin solution independent of traditional banking systems, along with a USD savings tool called Internet Bond. 2/ Noteworthy Features: • Scalability through derivatives without overcollateralization. • Stable value ensured through non-leveraged short positions on Liquid Staking Tokens (LST) upon USDe issuance. • Anti-censorship by separating collateral assets from banking systems. 3/ USDe Issuance Mechanism: Users deposit Liquid Staking Tokens (LST) like stETH, rETH into Ethena to mint USDe. Ethena opens non-leveraged short positions on derivatives exchanges, balancing short positions against price volatility.116 4/ Security on-chain: Ethena employs a collateral distribution mechanism through diverse MPC custody contracts on-chain, reducing dependency on centralized servers and minimizing counterparty risk. 5/ Flexible Leverage Unlocking: USDe generates fixed profits for users through staking rewards from LST and funding rates from short positions. Ethena also allows minting USDe based on LST to maintain long-term exposure to Ethereum while providing liquidity for USDe. 6/ Token Details: • Token Name: Ethena Token (ENA) • Blockchain: Ethereum • Token Standard: ERC-20 • Total Supply: 15,000,000,000 ENA • Initial Supply: 1,425,000,000 ENA • Allocation: Core Contributors (30%), Investors (25%), Foundation (15%), Ecosystem (30%). Disclaimer: This thread is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions 🔥Follow @GemX Crypto for more latest news and insights on trending projects. #Ethena #GemxCrypto

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