LayerZero snapshot events:
- As you can see, we have already done the first round of snapshots. The next rounds will follow, probably immediately. When asked about snapshots in a group chat about a month ago, L0 CEO Bryan responded as follows:
+ "is 1 week as close as possible - is 1 week as close as possible"
+ "Told you it would be as close as possible - Told you it would be as close as possible"
The CEO emphasized this point and everyone can go into the Telegram group chat and paste the chat for verification.
This means that the snapshot will be very close to the TGE or token claim date. Therefore, it can be speculated that the token claim or TGE may be carried out within 1 week at the earliest. If the market conditions are not good, it may be extended to a month. Therefore, now is a very good time to prepare for the $ZRO launch event.
Why is LayerZero so popular?
$ZRO creates a full chain, which is an enhanced version of the aforementioned cross-chain. In 2022 alone, $3.1 billion in cryptocurrencies were hacked, 64% of which came from bridging. $ZRO's full chain is considered the best answer to this problem.
LayerZero_Labs
This is also a large-scale financing initiative, with the last round valuation of 3B USD and a financing amount of up to 263 million USD. Major industry investment funds include a16z, SamsungNext, and BinanceLabs.
These standards ensure the explosiveness of the project
When the famous company LayerZero first launched Snapshot, the cryptocurrency market saw a huge surge.
What can we expect when $ZRO is released? How can we make money?
LayerZero Ecosystem - Listed on Binance
Loan Agreement
• Radiant Capital $RNDT
• Venus Protocol $XVS
• Pendle $PENDLE
• Curve $CRV
• Yearn $YFI
Decentralized Exchanges/AMMs
• Stargate $STG
• Balancer $BAL
• PancakeSwap $CAKE
• Hashflow $HFT
• Biconomy $BICO
• Sushiswap $SUSHI
• Trader Joe $JOE
• WOO Network $WOO
• Maverick $MAV
rate of return
• Beefy $BIFI
Smart Contracts
• Moonbeam Network $GLMR
• Harmony $ONE
Oracle
• Chainlink $LINK
Above, if $ZRO is released, the ecosystem token is also likely to attract attention.
- Other potential opportunities:
The LayerZero ecosystem has many other very attractive projects besides $STG. But here are some low-cap projects I want you to pay attention to: Reunit Wallet and memecoin OmniCat ($OMNI), Angle Protocol ($ANGLE). All three projects have low market capitalizations and have been relatively stable for a while, making them very suitable for price increases along with the TGE event.
Regarding the Reunit Wallet project, it is particularly noteworthy because it is a pillar project about wallets, and the L0 Foundation will definitely incentivize the ecosystem with a certain amount of ZRO tokens. You can guess what Reunit will do to develop their wallet and price trend if they have funds?
Another interesting insight is about the cross-chain bridge category. Or more precisely, cross-chain solutions, connecting various blockchains, this team will drive the price along with the $ZRO TGE event. And two projects that are particularly worth watching are PolyHedra - $ZK and Wormhole - $W.
1) About $W - Wormhole:
Needless to say, this is a massive project with its own ecosystem that is closely connected to non-EVM chains like Sui and Solana.
2) About $ZK - PolyHedra:
Recently, Layerzero released news to create market hype about interoperability with its product ZkBridge. PolyhedraZK uses cross-chain technology to support BTC's L2, with an upper limit of only about 80M.
I found an interesting point about MM. Does anyone remember when LayerZero was rumored to be issuing tokens last year? At that time, there was another cross-chain project that was doing very well, which was Connext - $NEXT. And the main investor supporting this project was also Polychain Capital.
The first three rounds of investment in the PolyhedraZK project were also led by Polychain Capital. Currently, the valuation of the project is slightly higher than the $1 billion in the last round of investment. You can consider gradually investing from this price.
Particle Network - $ALLY：
Yesterday, Particle announced the Testnet, which I think everyone should pay attention to. They previously announced that they would become an infrastructure provider, providing Chain Abstraction solutions. This is almost an indispensable solution in the current market. It forms a clear contrast with LayerZero in cross-chain solutions. But in fact, they are not completely competitive, because both giants have different development directions.
A new concept was mentioned, fullchain Inscriptions, which means that an Inscription can be traded by any type of token. The first project to apply this mechanism is $ALLY.
Holding ALLY will bring the following benefits:
Participate in Particle's airdrop
Participate in multiple high-quality issuance platforms, especially the BTC L2 project that is closely connected to Particle, thanks to Chain Abstraction technology.
The founder of the project leaked the news that at least two projects will conduct IDO on $ALLY this month.
This is the first project on the infrastructure and is their "own son". Holding Ally will gain significant benefits in the Particle ecosystem and will trigger strong FOMO when Particle's mainnet is launched.
The current market cap of the project is quite modest, to be more precise, the new FDV is $12 million. Compared to other launchpads, this is quite low and can be considered undervalued.
