Remember this is an airdrop that can go beyond arbitrum.
The cryptocurrency market is constantly growing and changing, with new projects and technologies emerging all the time. However, investors often miss out on huge gains by following a trend too late.
This article will introduce projects related to the Layer Zero (full-chain protocol) narrative, including StargateFinance, AltitudeDeFi, Pendle, Tapioca, etc. These projects all have unique advantages and characteristics and may become potential stocks in the future.
What is LayerZero?
Layer Zero is a full-chain protocol that enables seamless communication between blockchains. this means:
• Unlimited liquidity;
• Single coin denomination;
• Security remains unchanged.
Stargate Finance $STG
Simply put, $STG is a blue chip cross-chain bridge within LayerZero.
$STG tokens pay holders 0.01% of all transfer fees in $USDC, and this benefit will grow as more chains join.
An underrated catalyst is the upcoming unlocking of $STG tokens.
While this may lead to some selling pressure, it will get rid of VCs looking for exits and allow long-term holders to accumulate.
Altitude DeFi $ALTD
Altitude’s approach to cross-chain bridges is unique. Instead of just transferring stablecoin liquidity, Altitude focuses on bridging blue-chip assets.
This removes centralization around stablecoin liquidity and makes cross-chain transfers easier.
As one of the first applications on top of LayerZero, Altitude can solidify itself as the main bridge. It will initially support 8 chains, where fees will be distributed to $gALTD holders.
Pendle $PENDLE
Pendle enables users to tokenize and trade yield-yielding assets, such as $ETH, creating a dynamic market where you can:
• Buying assets at a discount;
• Achieve fixed income with low risk and stable growth;
• long-term benefits;
• Customized revenue strategies.
It is expected that the integration with LayerZero will accelerate cross-chain growth and increase demand for $PENDLE derivatives. Users will be able to access and use these assets on any chain.
Tapioca $TAP
Tapioca aims to become a full-chain money market. Its $USDO stablecoin may be adopted by more people in the future.
It is collateralized by various Liquidity Collateralized Derivatives (LSD), allowing $TAP holders to benefit as they can collect 50% of the fees.
RDNTCapital $RDNT
Radiant aims to be a one-stop DeFi market where users can deposit and borrow seamlessly on multiple chains. The latest V2 reveals:
• $RDNT token economics improvements;
• Cross-chain lending;
• LayerZero OFT implementation;
• Fee model improvements.
Trader joe $JOE
The largest DEX on Avalanche recently took advantage of full-chain technology. This means $JOE is no longer limited to one DEX and can be found in both the $ARB and $BNB ecosystems.
This will lead to more liquidity, trading volume, and ultimately more fees. For Traderjoe, the benefits of LayerZero are:
$JOE holders are free to roam through Stargate and can increase their token liquidity across top ecosystems such as Arbitrum and BNBCHAIN.
Mugen Finance $MGN
Mugen is a yield aggregator that unlocks yields across chains. It builds on the largest ecosystem, making it accessible to more ecosystems.
Currently deployed on $ARB, but will soon expand to more ecosystems.
Currently, MugenFinance charges a 10% fee for providing yield aggregation and is used to fund development and the team. $MGN is created by depositing funds into the treasury, without the risk of Ponzi economics.
