#T Big Cake Ecosystem Soars 28%
1. Privacy Protection: Threshold integrates Keep and NuCypher, using Keep's off-chain containers to encrypt and store private data, enabling smart contracts to access data without compromising privacy, such as tBTC becoming a trusted BTC bridge in DeFi.
2. Diverse Tools: Based on this infrastructure, NuCypher's privacy tools can manage confidential information, control access permissions, and handle encrypted data, including proxy re-encryption tools for delegated decryption.
3. Community Governance: The community-driven network is transitioning to Threshold DAO, with a three-pronged governance structure (Staker DAO, TokenHolder DAO, Elected Committee), dedicated to a one-stop solution for user sovereignty.
The surge of T is due to capital inflow into the Big Cake ecosystem. At the current position, it's not advisable to chase; however, one can monitor $STX which has started to gain volume; $BABY shows accumulation at the bottom of the hourly chart, look for a position to ambush.
Without direction, but optimistic about my short to medium term outlook!! Top strategies are unpredictable!
