Renzo is a cross-chain liquid repurchase protocol based on the EigenLayer blockchain. It allows users to stake ETH and other liquid staking tokens (LST) on popular platforms such as Ethereum, Arbitrum, and BNB Chain. Users who stake their assets on Renzo are rewarded with ezETH, which earns ezPoint rewards for future airdrops and re-staking opportunities.
The current market situation is on a downward trend due to being affected by macroeconomic factors: the FED adjusting interest rates only 1 time (or not) this year, The war broke out everywhere around the world along with the risk of global financial recession,...
Along with the poor performance of the previous launchpool (OMNI) few days after listing, as evidenced by the significant decrease in the number of posts on Binance Square regarding #RENZOLAUNCHPOOL (596K views & 154 Posts) compared to previous projects.
These figures indicate that the FOMO into this launchpool project is not as high as previous projects. Therefore, my advice is not to buy $REZ immediately upon listing.
In my opinion, after listing REZ's MC will be around $250M - $350M with Initial Circ. Supply 1,150,000,000
$REZ price will be around $0.22 to $0.30
The price will adjust down a bit due to selling pressure from Launchpool Farmers and Airdrops so we should wait for the next price movement of BTC to decide whether to invest in $REZ
Remember that Restaking is a recent emerging trend, Binance Labs and other major funds in the market are currently heavily investing in restaking projects. So they has great potential in the future. REZ's Market Cap is completely comparable to some large projects in the same category at their MC ATH: Altlayer ($735M MC), ETHFI ( $900M) & Pendle ($1.76B) in this bullrun
🔥No time to waste because only 3 days left to Farm $AEVO on Binance Launchpool.
Its farm is NOW LIVE 👉 here 🔸Stake your $BNB and $FDUSD to earn $AEVO , 🔸On March 13 at 10:00, $AEVO will be listed on #Binance
You don't wanna miss it. The reasons below:
#Aevo is a high-performance decentralized derivatives exchange platform, focused on options and perpetual contracts.
It is built on Ethereum and backed by popular names: Paradigm, Dragonfly, Scalar Capital, Nascent, Ethereal ventures, Alliance, and Coinbase.
Aevo’s mission is to bring more traders onchain. This platform allowed traders to experience Decentralised Trading With CEX-Like Performance.
A dedicated gas environment for a high throughput exchange, and familiar UX for TradFi traders, low latency (<10ms) while inheriting the security of Ethereum.
On Feb 28, 2024 Aevo led the market with a trading volume of over $4B. No other Perp-DEX except dYdX has ever managed to achieve such trading volume.
The explanation for this phenomenon is partly due to the sudden increase in users due to Aevo's airdrop campaign, but it cannot be denied the coverage of this project to the community.
💎PRICE PREDICTIONS:
Right now, $AEVO perpetual trading around $2.5 to $3.5 on Aevo trading platform with $5M daily volume.
Recent projects on Binance launchpool have been quite successful after listing. In my opinion, after listing Aevo's Market cap will be around $300M - $500M, equivalent to AEVO's price will be around $2.5 to $3.5 ( Equal to the price of the Perp contract).
As usual, the token price will adjust slightly after listing and sideway 2-3 weeks. Depending on the market situation and after the $RBN conversion event ends $AEVO price will rise strongly, it is possible to reach the market cap of dYdX $1.7B in the future, corresponding to the Aevo price of about $12-$15.
THAT is all my opinion on Aevo.
If my post is useful, Please like, share and tell me your thoughts👇 Many thanks🙏
Nakamoto Games announces the participation in Apple's Developer Innovation Grants in conjunction with the launch of their mobile app on their App Store.
Nakamoto Games is the leading #PlayToEarn gaming infrastructure that offers gamers worldwide access to cutting-edge releases of blockchain-based games with 200+ Games and 650,000 Registered Users.
📢 @Binance announces a new Megadrop project: $LISTA
Lock Your $BNB and Complete Web3 Quests for Airdrop
Lista DAO is focusing on Collateralized Debt Position (CDP) and Liquid Staking. It functions as an open-source decentralized stablecoin lending protocol powered by LSDfi.
Users can participate in staking and liquid staking on Lista, as well as borrow lisUSD against a variety of decentralized collateral.
The protocol aims to simplify and revolutionize the DeFi space, positioning lisUSD as a leading stablecoin in the ecosystem. Lista DAO is present on both the BNB Chain and Ethereum, expanding its reach and impact in the DeFi landscape.
“I expect #Bitcoin to reach its all-time high of $73,798, March 14, by the end of the week,” says Standard Chartered Head of FX Research and Digital Assets Research Geoff Kendrick.
BREAKING: The White House will not issue a veto threat against FIT for the 21st Century Act, the crypto market structure overhaul bill being voted on today. Flags "concerns" but no veto threat. This is a huge win for crypto backers on the Hill
On May 22, 2010 Laszlo Hanyecz bought 2🍕for 10,000 $BTC
This day marks the first time Bitcoin was used to buy something in the real world, a transaction that has become legendary in the world of cryptocurrency