Don’t get excited at 20% annualized—make sure you know whether it’s the target or the guaranteed rate.
$SLX : In the first round of the staking program, it’s written as a 20% target annualized return—note that it’s a target, not a commitment. Even if you receive the rewards, if the coin price falls again, the gains could be wiped out. What I care about more is where the rewards come from and whether anyone will still be willing to stay after the activity ends.
$RE : Here there are solid business fundamentals. On September 29, it disclosed that two deposit token products had a combined outstanding size of over $300 million—within 45 days, it increased by $116 million. With more capital, the capacity of the insurance partner to take on reinsurance should be stronger. But you must distinguish clearly: RE is a governance token and does not directly entitle holders to premiums, revenue, or distributions.
$BICO : What it does is help manage on-chain operations to skip steps—passing the actual quantity from the previous step to the next step, without having to pre-hardcode every number. It solves the problem of inconvenience, not the act of manufacturing yield out of thin air. The key is how many applications continue to use it and how many paid calls it brings.
Products that can retain capital are the ones worth continuing to track.#SLX #RE #BICO $SLX $RE $BICO
$SLX : In the first round of the staking program, it’s written as a 20% target annualized return—note that it’s a target, not a commitment. Even if you receive the rewards, if the coin price falls again, the gains could be wiped out. What I care about more is where the rewards come from and whether anyone will still be willing to stay after the activity ends.
$RE : Here there are solid business fundamentals. On September 29, it disclosed that two deposit token products had a combined outstanding size of over $300 million—within 45 days, it increased by $116 million. With more capital, the capacity of the insurance partner to take on reinsurance should be stronger. But you must distinguish clearly: RE is a governance token and does not directly entitle holders to premiums, revenue, or distributions.
$BICO : What it does is help manage on-chain operations to skip steps—passing the actual quantity from the previous step to the next step, without having to pre-hardcode every number. It solves the problem of inconvenience, not the act of manufacturing yield out of thin air. The key is how many applications continue to use it and how many paid calls it brings.
Products that can retain capital are the ones worth continuing to track.#SLX #RE #BICO $SLX $RE $BICO