Update on a few recently focused agreements and matters.
The Megadrop of $KERNEL has ended, and the BNB stored for quick gains has been redeemed early.
Although there is still one day left for the Launchpool of $WCT, the profit for this round is very low, one BNB might not yield 2 WCT.
Based on everyone's estimate of a price of 0.4U, one BNB is 0.8U, the profit margin is about 0.13% or less. I remember the profit margin for each previous round was 1%. It turns out that frequency and quality cannot coexist.
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I went to check the TVL data of several other agreements #DeFi .
This month's TGE is for HaedalProtocol with a TVL of $138.75M, ranking fourth on the Sui chain and 141st among all agreements. It seems we need to rely on the momentum of Sui, and there is also @WalrusProtocol as a benchmark. The $haSUI I hold should bring some rewards, but even if there are no rewards, it’s okay; at least I earned some interest.
In May, the TGE for Cygnus has a TVL of $824.47M, ranking 40th among all chains, which is decent. However, I withdrew the USDC stored inside and exchanged it for USDT since the APR difference was 9%, 🤣.
Next, I looked at several agreements on Berachain. Previously, I didn’t check their overall rankings and only thought from the perspective of individual chains. When I looked at it this time, the data was astonishing.
The Liquid Staking agreement Infrared has a TVL of $1.494B, ranking 26th overall; the DEX agreement Kodiak has a TVL of $1.282B, also ranking 26th overall.
Additionally, the BEX ranking from Berachain’s official is also quite good, but I didn’t see 0xBeraPaw on DeFiLlama; I might have missed it.
After reviewing the data, I feel that the expectations for several agreements on Berachain are quite good, so I continued to mine.
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My main focus is still on StandX_Official, which is also the project I have invested the most in. Various messages indicate that there will be results in July; hopefully, it will be a significant result.
Recently, many friends have said StandX is just advertising, but that’s really not the case.
I recommend everyone to deposit early; the earlier you deposit, the sooner you can earn points. This is an early benefit, although it won’t be like rushing to mine.
Anyway, using stablecoins to mint $DUSD and keeping it in the wallet yields a 6% APR, and you can Swap it out anytime, so it’s like a deposit.
Direct deposit link: https://standx.com/referral?code=BitHappy