๐
#COTInetwork, โFinance on the Blockchainโ Ecosystem. #DeFi #DAG #BNBchain
๐The #COTI Dev Team promises to be very busy for the upcoming year, but if all their goals are achieved on time, they will no doubt be rewarded with an increase in the $COTI token.
๐The #COTI Dev Team promises to be very busy for the upcoming year, but if all their goals are achieved on time, they will no doubt be rewarded with an increase in the $COTI token.
Power Crypto Club
๐ฉ#DIA (last news) is integrating with the #xDaiChain, to offer its #Oracle infrastructure in the #Ethereum compatible blockchain for fast and inexpensive transactions. (Rank #395) ๐ #DIABTC Take-Profit Targets: โซ๏ธ Buying Entry on 15/08: 430-460 Sat ๐น TP1:โฆ
๐
#DIAdata | Open-Source #Oracles for #Web3
โซ๏ธ#Platform #DeFi #NFT #Metaverse
โซ๏ธEcosystem: #Ethereum #Polkadot #Avalanche #Solana #Polygon #Fantom #Injective #Arbitrum #Celo #NearProtocol #BNBChain
โซ๏ธ#Platform #DeFi #NFT #Metaverse
โซ๏ธEcosystem: #Ethereum #Polkadot #Avalanche #Solana #Polygon #Fantom #Injective #Arbitrum #Celo #NearProtocol #BNBChain
๐
Be ready when $ROSE will re-enters its bullish channel as we should have a strong 3rd-impulse-wave.
๐ #CosmosEcosystem #DeFi #Privacy #Web3
๐ #CosmosEcosystem #DeFi #Privacy #Web3
๐ It may be the "Gem of the Month", even though this #DeFi project was launched in late 2017.
๐ #Request_Network is a decentralized protocol for all payment requests & accounting, offering #Web3 payment services with 70+ cryptos & stablecoins, 10+ fiat currencies and on 10+ blockchains.
โซ๏ธCustomers: 1400+ companies incl. #AAVE, #Sandbox, #Maker, #Gnosis, #TheGraph, #Fantom, #Ryde, #Dataunion.
โซ๏ธ#Request has a fully diluted market cap, as 100% of 999,876,008 $REQ tokens supply are in circulation
โซ๏ธ$REQ is one of the survivors of the Top100 from 2017 to still have a very active Dev team who has continued to increase their project Ecosystem (#ETH #BSC #Polygon #Fantom #Near #Celo) & that has always invested more in their development than in marketing.
โซ๏ธChristophe Lassuyt & Etienne Tatur, founders of $REQ are both French & based in Singapore.
๐ฉ$REQ #REQUSD
๐นBuy Entry Zone > $0.24 - $0.28
๐นTP1: $0.36 (To pay yr S/L)
๐นTP2: $0.49 (Target pattern)
๐นTP3: $0.64 (Fib 38.2)
๐นTP4: $0.78
๐นTP5: $0.92 (Fib 61.8)
๐ #Request_Network is a decentralized protocol for all payment requests & accounting, offering #Web3 payment services with 70+ cryptos & stablecoins, 10+ fiat currencies and on 10+ blockchains.
โซ๏ธCustomers: 1400+ companies incl. #AAVE, #Sandbox, #Maker, #Gnosis, #TheGraph, #Fantom, #Ryde, #Dataunion.
โซ๏ธ#Request has a fully diluted market cap, as 100% of 999,876,008 $REQ tokens supply are in circulation
โซ๏ธ$REQ is one of the survivors of the Top100 from 2017 to still have a very active Dev team who has continued to increase their project Ecosystem (#ETH #BSC #Polygon #Fantom #Near #Celo) & that has always invested more in their development than in marketing.
โซ๏ธChristophe Lassuyt & Etienne Tatur, founders of $REQ are both French & based in Singapore.
๐ฉ$REQ #REQUSD
๐นBuy Entry Zone > $0.24 - $0.28
๐นTP1: $0.36 (To pay yr S/L)
๐นTP2: $0.49 (Target pattern)
๐นTP3: $0.64 (Fib 38.2)
๐นTP4: $0.78
๐นTP5: $0.92 (Fib 61.8)
๐
#ReserveRights $RSR #RSRUSD
This price structure looks promising even if I have a few concerns regarding the project development, as Mainnet delay and the token circulating supply.
$RSR is an ERC-20 token that will serve 2 main purposes for the #ReserveProtocol: insuring Reserve Stablecoins #RTokens. Unlike other stablecoins that are typically backed by $USD held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve Stablecoins are backed by a basket of cryptos managed by smart contracts.
#StoreOfValue #DeFi
This price structure looks promising even if I have a few concerns regarding the project development, as Mainnet delay and the token circulating supply.
$RSR is an ERC-20 token that will serve 2 main purposes for the #ReserveProtocol: insuring Reserve Stablecoins #RTokens. Unlike other stablecoins that are typically backed by $USD held in reserve in a bank account controlled by the stablecoin issuer or a trusted custodian, Reserve Stablecoins are backed by a basket of cryptos managed by smart contracts.
#StoreOfValue #DeFi
๐
My latest Alts selection wouldn't have been complete without one of my Crypto favorites, named #ALGORAND of course!
Very useful blockchain and fully operational in different sectors, with a strong team focused on their blockchain development and all around, more than their marketing, and with a steady token price progression until the recent crypto-crash.
$ALGO, ranked #27 is one of the most reliable Cryptos that still remains undervalued, and should be seen at least in the Top15.
IMHO, now is a good time to strengthen your position or add $ALGO to your long-term portfolio. My first target is $1 over the next 12 months, or +200%. ๐
#AlgoFam #DeFi #TradFi #Web3 #USDC #FIFA #Consensus2022
Very useful blockchain and fully operational in different sectors, with a strong team focused on their blockchain development and all around, more than their marketing, and with a steady token price progression until the recent crypto-crash.
$ALGO, ranked #27 is one of the most reliable Cryptos that still remains undervalued, and should be seen at least in the Top15.
IMHO, now is a good time to strengthen your position or add $ALGO to your long-term portfolio. My first target is $1 over the next 12 months, or +200%. ๐
#AlgoFam #DeFi #TradFi #Web3 #USDC #FIFA #Consensus2022
โจ#Bitcoin vs #Ethereun
Since their last low on 16th July, the price of $ETH has exploded by +57%, an increase of more than 2 times than $BTC price which rise by only +21%.
No doubt that #Ethereum will continue to be a market leader, and stronger than ever after the May-crash. #Vitalik is also leading blockchain in the smart contracts space since it first became prominent, despite the #DeFi and #NFTs hypes, as well as all so-called "ETH Killer".
Since their last low on 16th July, the price of $ETH has exploded by +57%, an increase of more than 2 times than $BTC price which rise by only +21%.
No doubt that #Ethereum will continue to be a market leader, and stronger than ever after the May-crash. #Vitalik is also leading blockchain in the smart contracts space since it first became prominent, despite the #DeFi and #NFTs hypes, as well as all so-called "ETH Killer".
Power Crypto Club
โจCrypto Portfolio Diversification Diversification is a risk management strategy where you invest across different assets or ecosystems, in order to build a well-balanced portfolio which will not be fully exposed to any single risk or asset. ๐๐ป Here are 5โฆ
๐
#Chainlink is Portfolio Diversification because it is alone in its ecosystem, and it is by far the oracle and referent of the entire Ethereum ecosystem (Layer-2 included). He is therefore one of the sure winners of this cycle, without going "To The Moon". $LINK remains a very low risk token, and can therefore represent up to 5% risk-free in a portfolio.
Technically $LINK is stuck in a 75-day-mature-range, and still hasn't rallied from its last bottom. Upon breakout of the range, $LINK should rise directly between the resistances at $13 and $18 levels.
#Chainlink is ranked #23 by market cap.
#DeFi #Oracles #SmartContracts #Substrate #Web3
Thanks to Phil (Pro-Indicators) for this reminder about Chainlink
Technically $LINK is stuck in a 75-day-mature-range, and still hasn't rallied from its last bottom. Upon breakout of the range, $LINK should rise directly between the resistances at $13 and $18 levels.
#Chainlink is ranked #23 by market cap.
#DeFi #Oracles #SmartContracts #Substrate #Web3
Thanks to Phil (Pro-Indicators) for this reminder about Chainlink
โก๏ธ#THORChain is secured by its native $RUNE token (CMC #72)
๐ If you search for $RUNE in this channel, you will find a lot of information, including a last year successful trade of +77% in 17 days.
#CosmosEcosystem #DEX #DeFi
๐ If you search for $RUNE in this channel, you will find a lot of information, including a last year successful trade of +77% in 17 days.
#CosmosEcosystem #DEX #DeFi
๐ Breaking Down the $KFI #Airdrop
๐ The $KFI #Airdrop is coming, and it's not just for #Kinetix and #Kava #DeFi!
โ If you use:
๐น#Cosmos
๐น#Osmosiszone
๐น#CelestiaOrg
๐น#Injective
๐น#0xPolygon
๐ https://medium.com/@kinetixfi/breaking-down-the-kfi-airdrop-92db44e98efe
๐ The $KFI #Airdrop is coming, and it's not just for #Kinetix and #Kava #DeFi!
โ If you use:
๐น#Cosmos
๐น#Osmosiszone
๐น#CelestiaOrg
๐น#Injective
๐น#0xPolygon
๐ https://medium.com/@kinetixfi/breaking-down-the-kfi-airdrop-92db44e98efe
Medium
Breaking Down the KAI Airdrop
With Kinetix rapidly approaching its Q1 2024 KAI token launch, more tokenomic components are getting squared away and finalized every dayโฆ
๐ Web3 vs. Web 3.0 : Not Same-Same!
Note: Although both names are similar, their concepts & approach are very different.
๐ฝ Web 3.0 (Semantic Web) is about enhancing the web's intelligence by linking & reutilizing data across website.
๐ The Web Next Version!
๐ This includes the use of metadata, ontologies, linked data, artificial intelligence, algorithms to extract knowledge & provide more intelligent services.
๐ฝ Web3 (Decentralized Web) is a blockchain-based version of the internet.
๐ The Web Alternative Proposal!
๐ This includes the use of blockchain platforms like #Ethereum, #dApps, #Defi, #NFTs, #Protocols, Smart Contracts that enable users to interact directly with digital assets, engage in decentralized governance & participate in P2P transactions without intermediaries.
๐ In summary, Web3 focuses on the decentralized nature of the internet, leveraging blockchain & related techs, while Web 3.0 is about enhancing the web's intelligence and semantic capabilities.
@AlainBKK 09/02/2024
Note: Although both names are similar, their concepts & approach are very different.
๐ฝ Web 3.0 (Semantic Web) is about enhancing the web's intelligence by linking & reutilizing data across website.
๐ The Web Next Version!
๐ This includes the use of metadata, ontologies, linked data, artificial intelligence, algorithms to extract knowledge & provide more intelligent services.
๐ฝ Web3 (Decentralized Web) is a blockchain-based version of the internet.
๐ The Web Alternative Proposal!
๐ This includes the use of blockchain platforms like #Ethereum, #dApps, #Defi, #NFTs, #Protocols, Smart Contracts that enable users to interact directly with digital assets, engage in decentralized governance & participate in P2P transactions without intermediaries.
๐ In summary, Web3 focuses on the decentralized nature of the internet, leveraging blockchain & related techs, while Web 3.0 is about enhancing the web's intelligence and semantic capabilities.
@AlainBKK 09/02/2024
๐ #STRIDE Airdrop Season 16 Claim is live!
๐๐ผ Are you remembering to collect your $STRD #Airdrop every month from the 15th?
Eligibility: $ATOM $OSMO $JUNO $EVMOS Stakers!
โก๏ธhttp://app.stride.zone/airdrop/claim
โก๏ธhttps://app.stride.zone/airdrop
โก๏ธ Unclaimed $STRD from Season 1-15 recycled
โก๏ธ Claim a % of whatโs left
โก๏ธ 30 Days remaining
โก๏ธ $EVMOS Round 11-12 Days remaining
โก๏ธ $UMEE $SOMM $CMDX Round 6: ~18 days remaining
โก๏ธ $STRD ๐ keeps giving!
๐Links
๐ Airdrop https://app.stride.zone/airdrop
๐ dApp https://app.stride.zone
๐ Airdrop Details https://stride.zone/blog/stride-airdrop-details
๐ Web https://stride.zone
๐ Docs https://docs.stride.zone/docs
๐ Discord https://stride.zone/discord
๐ $STRD https://interchaininfo.zone/indexes/stride
๐๐ผ If I'm fine with my offline staking, I still have to optimize online staking. You can liquid stake your tokens from any #CosmosChain using #Stride, #Osmosis and then using your stTOKEN on #DeFi yields across the Cosmos IBC to earn additional gains.
๐๐ผ Are you remembering to collect your $STRD #Airdrop every month from the 15th?
Eligibility: $ATOM $OSMO $JUNO $EVMOS Stakers!
โก๏ธhttp://app.stride.zone/airdrop/claim
โก๏ธhttps://app.stride.zone/airdrop
โก๏ธ Unclaimed $STRD from Season 1-15 recycled
โก๏ธ Claim a % of whatโs left
โก๏ธ 30 Days remaining
โก๏ธ $EVMOS Round 11-12 Days remaining
โก๏ธ $UMEE $SOMM $CMDX Round 6: ~18 days remaining
โก๏ธ $STRD ๐ keeps giving!
๐Links
๐ Airdrop https://app.stride.zone/airdrop
๐ dApp https://app.stride.zone
๐ Airdrop Details https://stride.zone/blog/stride-airdrop-details
๐ Web https://stride.zone
๐ Docs https://docs.stride.zone/docs
๐ Discord https://stride.zone/discord
๐ $STRD https://interchaininfo.zone/indexes/stride
๐๐ผ If I'm fine with my offline staking, I still have to optimize online staking. You can liquid stake your tokens from any #CosmosChain using #Stride, #Osmosis and then using your stTOKEN on #DeFi yields across the Cosmos IBC to earn additional gains.
Forwarded from Power VIP-Signals (ABKK)
--------------------------
โ Best Immutability Blockchain
๐ #BITCOIN for high-security immutable blockchain where the data entered is irreversible. Transactions are permanently recorded, and viewable to anyone. #PoW
๐ Global Store of Value.
๐ Competitors: Don't waste your time and #StayAway from any so-called "BTC-Killers"
๐ฏ $BTC Target: $180,000
--------------------------
โ Best Scalability Blockchain
๐ #ETHEREUM Layer-2 blockchain scaling solutions, are protocols built on top of existing blockchain, resolving immediately scalability issues.
๐ The SCALABILTY TRILEMMA was first described by Vitalik Buterin to describe the trade-off between 3 Critical Aspects of the blockchain technology: #Security #Scalability and #Decentralization
๐ 2024 ETHEREUM ECOSYSTEM:
๐ 4,000 #dApps
๐ 53 millions #DeFi & #NFTs smart-contracts
๐ 100 millions $ETH accounts with $Ether balance.
๐ Competitors: Sinjce Vitalik has always maintained a huge competitive advantage with regular upgrades to optimize the Ethereum Blockchain & develop ETH Ecosystem, just #StayAway from any โETH-Killersโ=.
๐ Next ETH Upgrade: "Electra Prague", and then "Verkle Trees" to help nodes store large amounts of data.
๐ฏ $ETH First Target: $9,000
โ Best Immutability Blockchain
๐ #BITCOIN for high-security immutable blockchain where the data entered is irreversible. Transactions are permanently recorded, and viewable to anyone. #PoW
๐ Global Store of Value.
๐ Competitors: Don't waste your time and #StayAway from any so-called "BTC-Killers"
๐ฏ $BTC Target: $180,000
--------------------------
โ Best Scalability Blockchain
๐ #ETHEREUM Layer-2 blockchain scaling solutions, are protocols built on top of existing blockchain, resolving immediately scalability issues.
๐ The SCALABILTY TRILEMMA was first described by Vitalik Buterin to describe the trade-off between 3 Critical Aspects of the blockchain technology: #Security #Scalability and #Decentralization
๐ 2024 ETHEREUM ECOSYSTEM:
๐ 4,000 #dApps
๐ 53 millions #DeFi & #NFTs smart-contracts
๐ 100 millions $ETH accounts with $Ether balance.
๐ Competitors: Sinjce Vitalik has always maintained a huge competitive advantage with regular upgrades to optimize the Ethereum Blockchain & develop ETH Ecosystem, just #StayAway from any โETH-Killersโ=.
๐ Next ETH Upgrade: "Electra Prague", and then "Verkle Trees" to help nodes store large amounts of data.
๐ฏ $ETH First Target: $9,000
โ
MULTICHAIN LIQUID STAKING | #Stride
Stake your TOKENs from the #CosmosHub on #Stride platform to get stTOKENs. See your rewards accumulate in real time.
๐นstATOM
๐นstDYM
๐นstDYDX
๐นstEVMOS
๐นstINJ
๐นstJUNO
๐นstOSMO
๐นstSAGA
๐นstSOMM
๐นstSTARS
๐นstTIA
๐นstUMEE
๐ What will you get when Staking your ATOM tokens on Stride app?
๐ APY Rewards of 12.98%
๐ You will get stATOM. The value of 1 stATOM if redeemed through the Stride Protocol Redemption rate grows predictably as staking rewards accrue:
* PR rate on 05-jan: 1 stATOM = 1.287 ATOM
* PR rate on 11-may: 1 stATOM = 1.354 ATOM (you got +5.20% increase over 4-month)
๐ Put your stTokens to work in #DeFi with Liquidity Pools:
๐นOsmosis: TIA/OSMO, rewards +21.20%
๐นAstroport: DYM/stDYM, rewards +34.74%
๐นLevana: stTIA/USD, rewards +27.78%
๐นShade: SHD/stATOM, rewards +35.70%
๐ #Stride Airdrops.
Get stATOM stTIA or stDYM and hold it on #Stride #Osmosis #Neutron or #Dymension to be eligible.
You will regularly get #STRIDE Token rewards. What you earn today will be unlocked in 6 months.
๐ Unbonding 21-24 days.
Unstaking on #Stride requires an unbonding period before you can withdraw your Tokens. If you don't want to wait, you can sell stTOKEN directly on #Osmosis.
๐ All these benefits are independent of the price fluctuation of each TOKEN.
Stake your TOKENs from the #CosmosHub on #Stride platform to get stTOKENs. See your rewards accumulate in real time.
๐นstATOM
๐นstDYM
๐นstDYDX
๐นstEVMOS
๐นstINJ
๐นstJUNO
๐นstOSMO
๐นstSAGA
๐นstSOMM
๐นstSTARS
๐นstTIA
๐นstUMEE
๐ What will you get when Staking your ATOM tokens on Stride app?
๐ APY Rewards of 12.98%
๐ You will get stATOM. The value of 1 stATOM if redeemed through the Stride Protocol Redemption rate grows predictably as staking rewards accrue:
* PR rate on 05-jan: 1 stATOM = 1.287 ATOM
* PR rate on 11-may: 1 stATOM = 1.354 ATOM (you got +5.20% increase over 4-month)
๐ Put your stTokens to work in #DeFi with Liquidity Pools:
๐นOsmosis: TIA/OSMO, rewards +21.20%
๐นAstroport: DYM/stDYM, rewards +34.74%
๐นLevana: stTIA/USD, rewards +27.78%
๐นShade: SHD/stATOM, rewards +35.70%
๐ #Stride Airdrops.
Get stATOM stTIA or stDYM and hold it on #Stride #Osmosis #Neutron or #Dymension to be eligible.
You will regularly get #STRIDE Token rewards. What you earn today will be unlocked in 6 months.
๐ Unbonding 21-24 days.
Unstaking on #Stride requires an unbonding period before you can withdraw your Tokens. If you don't want to wait, you can sell stTOKEN directly on #Osmosis.
๐ All these benefits are independent of the price fluctuation of each TOKEN.
โ
PSTAKE | Stake TOKEN, Get stkTOKEN
pSTAKE is a multi-chain liquid staking protocol developed by #Persistence, unlocking the liquidity of staked assets.
pSTAKE Issued Tokens:
๐น$ATOM โก๏ธ stkATOM (1 ATOM = 0.784517 stkATOM)
๐น$DYDX โก๏ธ stkDYDZ (1 DYDX = 0.967068 stkDYDX)
๐น$OSMO โก๏ธ stkOSMO (1 OSMO = 0.967604 stkOSMO)
๐น$STARS โก๏ธ stkSTARS (1 STARS = 0.979619 stkSTARS)
๐น$XPRT โก๏ธ stkXPRT (1 XPRT = 0.999999 stkXPRT)
๐ What will you get when Staking your Tokens on pSTAKE?
๐ sktATOM Staking Rewards of 14.22% APY
๐ Put your Tokens to work in the #Cosmos #DeFi Ecosystem with additional yield while still earning Staking Rewards:
๐นDexter: stkXPRT/XPRT +17.17% APR
๐นQuasar: stkOSMO/OSMO +5% APR
๐นOsmosis: stkATOM/ATOM +4.10% APR
๐ Keep your sktTOKEN for future Airdrops
pSTAKE is a multi-chain liquid staking protocol developed by #Persistence, unlocking the liquidity of staked assets.
pSTAKE Issued Tokens:
๐น$ATOM โก๏ธ stkATOM (1 ATOM = 0.784517 stkATOM)
๐น$DYDX โก๏ธ stkDYDZ (1 DYDX = 0.967068 stkDYDX)
๐น$OSMO โก๏ธ stkOSMO (1 OSMO = 0.967604 stkOSMO)
๐น$STARS โก๏ธ stkSTARS (1 STARS = 0.979619 stkSTARS)
๐น$XPRT โก๏ธ stkXPRT (1 XPRT = 0.999999 stkXPRT)
๐ What will you get when Staking your Tokens on pSTAKE?
๐ sktATOM Staking Rewards of 14.22% APY
๐ Put your Tokens to work in the #Cosmos #DeFi Ecosystem with additional yield while still earning Staking Rewards:
๐นDexter: stkXPRT/XPRT +17.17% APR
๐นQuasar: stkOSMO/OSMO +5% APR
๐นOsmosis: stkATOM/ATOM +4.10% APR
๐ Keep your sktTOKEN for future Airdrops
โ
Kamino Finance $SOL #Defi
Exploring DeFi fascinates me always more, and especially knowing that the Future of Finance is Here. Bye-bye to all Banksters!
๐ #Kamino is a #DeFi protocol which helps automate and optimize concentrated liquidity positions on Solana's most advanced DEXs. Kamino is an open source software with an user-friendly interface to newbies for navigating.
๐ My two Solana wallets #Solflare or #Phantom are connected to Kamino with 10 Staking Pools active positions. Around 15% of my Solana portfolio.
๐ I also acquired more than 30 different tokens from Solana Ecosystem which are mostly Liquid Staking Tokens #LST, which can be used in Staking Pools managed by other DeFi protocols like #Solblaze #Raydium or #Orca where I've a few active positions. Around 30% of my Solana portfolio.
Exploring DeFi fascinates me always more, and especially knowing that the Future of Finance is Here. Bye-bye to all Banksters!
๐ #Kamino is a #DeFi protocol which helps automate and optimize concentrated liquidity positions on Solana's most advanced DEXs. Kamino is an open source software with an user-friendly interface to newbies for navigating.
๐ My two Solana wallets #Solflare or #Phantom are connected to Kamino with 10 Staking Pools active positions. Around 15% of my Solana portfolio.
๐ I also acquired more than 30 different tokens from Solana Ecosystem which are mostly Liquid Staking Tokens #LST, which can be used in Staking Pools managed by other DeFi protocols like #Solblaze #Raydium or #Orca where I've a few active positions. Around 30% of my Solana portfolio.
โ
#deBridge: A Matter of Minutes...
Damn, for once I arrive at the very start of a #DeFi campaign (after hours of DYOR to secure a new wallet for my #Arbitrum), I read their blogs, sites, social media, I do all the tests, I recheck the process to transfer the funds requested, and then when everything seems ready to launch the procedure... I finally miss this first special round for a matter of minutes! ๐ฑ
#DeFi #Bitkub #Arbitrum #Metamask #deBridge #ARBhorizon #Airdrop
Damn, for once I arrive at the very start of a #DeFi campaign (after hours of DYOR to secure a new wallet for my #Arbitrum), I read their blogs, sites, social media, I do all the tests, I recheck the process to transfer the funds requested, and then when everything seems ready to launch the procedure... I finally miss this first special round for a matter of minutes! ๐ฑ
#DeFi #Bitkub #Arbitrum #Metamask #deBridge #ARBhorizon #Airdrop
โ
$JLP Liquidity Pool Opportunity!
A Solana "inactive validator" allow me the possibility to withdraw a part of my $SOL Staked Tokens without unbounding period of 4-10 days
I decided to optimize 50% of my bag in Marinade staking at 8% APY + rewards, to keep 40% in liquidity, and the remaining 10% to explore the #DeFi staking protocols in Solana Ecosystem
I finally selected #Jupiter and its high yield liquidity pool named the "Jupiter Perpetuals Liquidity Provider". I had to Swap 2 x $SOL to receive 100 x $JLP which is the liquidity provider token needed for the pool
๐ Jupiter Space Station: https://station.jup.ag
๐ How JLP Works? When traders look to open leveraged positions, they borrow tokens from the pool: $USDC $USDT $SOL $wBTC $wETH. 70% of the fees generated are redistributed to holders by redepositing fees into the pool
โ ๏ธ Staking crypto involves several risks, incl. market risk, liquidity risk and loss of assets, just like investing in other assets, so Invest Only What You Can Afford To Lose
A Solana "inactive validator" allow me the possibility to withdraw a part of my $SOL Staked Tokens without unbounding period of 4-10 days
I decided to optimize 50% of my bag in Marinade staking at 8% APY + rewards, to keep 40% in liquidity, and the remaining 10% to explore the #DeFi staking protocols in Solana Ecosystem
I finally selected #Jupiter and its high yield liquidity pool named the "Jupiter Perpetuals Liquidity Provider". I had to Swap 2 x $SOL to receive 100 x $JLP which is the liquidity provider token needed for the pool
๐ Jupiter Space Station: https://station.jup.ag
๐ How JLP Works? When traders look to open leveraged positions, they borrow tokens from the pool: $USDC $USDT $SOL $wBTC $wETH. 70% of the fees generated are redistributed to holders by redepositing fees into the pool
โ ๏ธ Staking crypto involves several risks, incl. market risk, liquidity risk and loss of assets, just like investing in other assets, so Invest Only What You Can Afford To Lose