WETH
$WETH
2 Results
FIGURE: PEPE UNSHETH-ING ITS ETH TO SOLVE MULTIPLE DEFI PAINPOINTS Since the Beacon Chain launch in Dec 2020, Ethereum users could stake bundles of 32 ETH to secure the network in exchange for priority fee rewards. While these staked ETH[1] are ‘productive,’ many have opted against staking given its operational complexity and illiquidity. Liquid staking projects solve for this by managing validator uptime and offering liquid staking derivatives (LSDs) to...
FIGURE: PEPE CROSSING BRIDGES TO EXPLORE ALTERNATE LAYER 1S / LAYER 2S Although ETH remains the dominant Layer 1 for most on-chain activity, alternate Layer 1s have demonstrated product-market fit throughout the bull market run of ‘20/’21. Solana (SOL -5.71% ) emerged as the ‘high-throughput chain’ focused on complex DeFi / gaming, BNB Chain (BNB 2.09% ) offers easy fiat on/off-ramps through Binance CEX, while Avalanche (AVAX -5.27% ) and Cosmos (ATOM -5.46% ) are building application-specific blockchains...