Compilation of the original text: Deep Tide TechFlow
Compilation of the original text: Deep Tide TechFlow
The cryptocurrency market is constantly evolving and changing, with new projects and technologies emerging all the time. However, investors often miss out on huge gains by following a trend too late.
This article will introduce projects related to the Layer Zero (full-chain protocol) narrative, including StargateFinance, AltitudeDeFi, Pendle, Tapioca, etc. These projects have unique advantages and characteristics, and may become potential stocks in the future.
What is Layer Zero?
Layer Zero is a full-chain protocol that enables seamless communication between blockchains. this means:
• Unlimited liquidity;
• Single token denomination;
• Security remains the same.
Stargate Finance $STG
Simply put, $STG is a blue-chip cross-chain bridge within LayerZero.
The $STG token pays holders a fee of 0.01% in $USDC on all transfers, which will grow as more chains are added.
An underrated catalyst is the imminent unlocking of $STG tokens.
While this may cause some selling pressure, it will get rid of the VC (venture capital) seeking exit status and allow long-term holders to accumulate.
Altitude DeFi $ALTD
Altitude's approach to cross-chain bridges is unique. Instead of only transferring stablecoin liquidity, Altitude focuses on bridging blue-chip assets.
This removes the centralization around stablecoin liquidity, making cross-chain transfers easier.
As one of the first applications on top of LayerZero, Altitude can cement itself as a major bridge. It will initially support 8 chains where fees will be distributed to $gALTD holders.
Pendle $PENDLE
Pendle enables users to tokenize and trade yield-yielding assets, such as $ETH, creating a dynamic marketplace where you can:
• Buy assets at a discount;
• Realize low-risk, stable growth of fixed income;
• Long-term benefits;
• Customized revenue strategies.
Integration with LayerZero is expected to accelerate cross-chain growth, increasing demand for $PENDLE derivatives. Users will be able to access and use these assets on any chain.
Tapioca $TAP
Tapioca aims to be a full-chain money market. Its $USDO stablecoin may be adopted by more people in the future.
It is collateralized by various Liquid Collateral Derivatives (LSDs) that benefit $TAP holders as they can collect 50% of the fees.
RDNTCapital $RDNT
Radiant aims to be a one-stop DeFi marketplace where users can deposit and borrow seamlessly across multiple chains. Just now V2 reveals:
• $RDNT token economics improvements;
• Cross-chain lending;
• LayerZero OFT implementation;
• Fee model improvements.
Trader joe $JOE
The largest DEX recently leveraged full-chain technology on Avalanche. This means that $JOE is no longer limited to one DEX and can be found in the $ARB and $BNB ecosystems.
This will lead to more liquidity, trading volume and ultimately more fees. For Traderjoe, the benefits of LayerZero are:
With free roaming through Stargate, $JOE holders can increase their token liquidity in top ecosystems such as Arbitrum and BNBCHAIN.
Mugen Finance $MGN
Mugen is a yield aggregator that unlocks yield across chains. It builds on the largest ecosystem, making more ecosystems available.
Currently deployed on $ARB, but will expand to more ecosystems soon.
Currently, MugenFinance charges a 10% fee, which is used to provide revenue aggregation and is used to fund development and teams. Create $MGN by depositing funds in the treasury, no Ponzi economics risk.
Rage trade $RAGE
Full-chain Perpdex improves capital efficiency by reusing liquidity from other protocols into $RAGE.
This recycled liquidity allows Rage to reuse ETH-USD liquidity on all LayerZero compatible chains.
Rage Trade allows you to provide liquidity across multiple chains, and the more chains LayerZero supports, the more chain ecosystems there are, and the more options there are for vaults.
The current 80-20 vault yields 15%.
