jakiro
DEFI is one of the few tracks that can generate real benefits and the cornerstone of the overall market liquidity.AAVE, DYDX, Makerdao, and Uniswap have a huge overall lock volume, and they are also the absolute leaders of the track.
1. AAVE
At present, AAVE has a leading trend in the entire DEFI sector. AAVE is currently the most head loan platform on the market. Since the outbreak of the Defi Summer in 2020, there is a low peak and a trough. It has adopted a long -term market test.The two -year -old box shock area has a trend of oscillating and pulling out of the box of the box in the past month.
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The main reason why AAVE’s recent performance is extremely dazzling is that tokens can earn agreement income. The Sky Aave Force proposal introduced by the introduction of DEFI empowers traditional finance.The reward is as high as 1.59m.
The remaining part of the cost of the agreement is the agreement income. The cost and distribution method of the AAVE protocol:
1) 90% of the interest paid by the borrower to the lender;
2) Lightning loan fees, the cost is usually 0.09% of the borrowing amount, of which 30% are attributed to the agreement vault, and 70% are allocated to the depositor;
3) GHO coin fees and interest income.At present, Gho Mint has a total of 100 million pieces, a loan interest rate of 1.5%, and all interest income will be owned by the vault.(Https://gho.xyz/)
4) In V3, instant liquidity costs, liquidation costs, and portal fees paid through the bridge protocol, the latter two have not yet activated.
AAVE’s platform token AAVE can be used to govern and earn passive income. AAVE provides two pledge methods for AAVE token holders.Obtain AAVE tokens and dividends.
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At present, AAVE receives about $ 30 million each year, and the income of the agreement is more than 50 million US dollars.
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2. DYDX
Dydx pledge is on the rise this month.The current V4 version can be made through pledge DYDX token, with an annualized yield ranging from 10%-30%.
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The current estimate of DYDX is 18.44%.This means that if the pledker of DYDX holds an asset of up to 365 days, it can earn about 18.44%.24 hours ago, DYDX’s reward rate was 20.63%.Thirty days ago, DYDX’s reward rate was 13.56%.Today, the percentage of the pledge rate or the current pledged token is 30.82%.
In the valuation analysis of DYDX, there is a relatively obvious valuation premium, mainly due to the limited liquidity supply caused by pledge.DYDX, as the L1 generation of DYDX chains, is used to pay for fees and verified as verified pledges to ensure the safety of the chain.At present, the average pledge rate of the entire equity certificate (POS) network is 52.4%. Refer to Polygon, Solana and other existing public chain pledge rates between 40%and 70%, and the pledge rate of DYDX chain is likely to exceed 40%.
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In the early version of DYDX, all the agreement income is owned by the team; in V4, the income will be transferred to the $ DYDX pledker.Increased income, the profitability of pledges will only increase.This will greatly reduce the circulation of DYDX. When the demand of the tokens does not change, the price of currency will increase significantly.
3. Uniswap
On February 23, Erin Koen, the head of the UNISWAP Foundation, made a proposal at the Uniswap Governance Forum, advocating to reward the holder of the UNI token through the cost mechanism.This proposal incorporated the practicality of the UNI token into the governance discussion, causing widespread attention from the holders, and driving the rise of UNI and other Defi tokens.However, the proposal is still in the stage of discussion and affected by the pressure of the SEC regulatory, the dividend proposal was postponed.
According to the data of Tokenterminal, UNISWAP has generated a cost of $ 306 million in the past 180 days.If the UNI holder is allowed to charge a ratio of 1/10 to 1/4, the estimated income will be between $ 61 million and $ 153 million.
During the bear market, Uniswap LP’s annual fee revenue reached $ 867 million.If the agreement decides to charge a 1/5 proportion fee, the annual agreement income will reach $ 173 million.At present, the current price of Uni is $ 11.6, the market value of the full circulation is $ 12 billion, and the market value of circulation is $ 7 billion.If the pledge calculation is performed at 50%of the circulation market value, the annual investment return rate is 1.73/35 = 4.94%.In the future, with the arrival of the bull market and web3, the transaction volume doubles or more, and the annual return rate is expected to exceed 10%.
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Since the 20-year DEFI outbreak, UNI has also undergone a cycle baptism, and has gone through the stage of increased-volume-reducing-to increase, and the subsequent income valve will usher in a greater outbreak.
After the AI sector’s stock fluctuates greatly?
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The movement of the stock sector has a huge impact on Crypto AI, and recently fluctuated by Nvidia stocks.
On the first US stock trading day in September, the stock price of Nvida (NVDA.US) suffered a heavy decline, and fell by 9.5%at the time of close. The market value evaporation set the highest US stock.Since its financial report was released last Wednesday, Nvidia’s stock price has fallen by 14%.The market has different interpretations of this. Some analysts believe that this is Nvidia’s “troubles of digestion and growth” and believes that its future prospects are still bright.However, there are also opinions that Nvidia’s financial report has aroused the market’s attention to its huge amount of investment in AI hardware.After the stock price plummeted, Nvidia faced a new challenge: the US government has increased its antitrust regulatory investigation.
After the US stock market on September 3 (Tuesday), the US Department of Justice issued a subpoena to Nvidia and other companies to find the main supplier of this artificial intelligence processor may violate the evidence of the antitrust law, which marks the NvidiaThe survey was further upgraded.
At present, from the Fed’s attitude and false economic data, the supervision of the huge fluctuations in Nvidia’s stocks can see that the United States’ guarantee for the stock market is actually the tribute warranty of Da Technology and AI.AI has just started to play Infra. The application layer has not yet started. It should be stabilized by Nvidia.Crypto AI is currently in place. The concept of AI is at least to play at the highest point of the stock market before seeing the top.
So we predict that the recent Crypto AI has a good time.At present, it is only the INFRA level, and there are many AI projects that have not been eaten in the early days. The this round of AI has not ended.
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