A friend asked me: “LayerZero V2’s TVL is up 48.09%. Is that a good thing?”
I replied: It’s good for the protocol—$3.804 billion more has been locked up over the past 7 days, so it’s grown in scale. But it’s hard to say how much of that comes from new deposits versus rising asset prices. And when it comes to the price of $ZRO , that’s another matter entirely.
What would you say?
#ZRO
This is for informational purposes only and does not constitute investment advice.
I replied: It’s good for the protocol—$3.804 billion more has been locked up over the past 7 days, so it’s grown in scale. But it’s hard to say how much of that comes from new deposits versus rising asset prices. And when it comes to the price of $ZRO , that’s another matter entirely.
What would you say?
#ZRO
This is for informational purposes only and does not constitute investment advice.