Friends nearby ask, “LayerZero V2’s locked amount is up 48.09%. Is this a good thing?”
I reply: For the protocol, it’s a good thing—over the 7-day lock period, an additional $3.804 billion has been added, and the scale has grown. But within that increase, it’s unclear how much is from new deposits versus how much is from asset price appreciation. Once you translate it to the token price at $ZRO , it’s even harder to say that it’s clearly good.
What would you say?
#ZRO
Look at it rationally and manage your position size.
I reply: For the protocol, it’s a good thing—over the 7-day lock period, an additional $3.804 billion has been added, and the scale has grown. But within that increase, it’s unclear how much is from new deposits versus how much is from asset price appreciation. Once you translate it to the token price at $ZRO , it’s even harder to say that it’s clearly good.
What would you say?
#ZRO
Look at it rationally and manage your position size.