This article takes stock of 20 potential projects worthy of attention

Author: slappjakke.eth, Crypto KOL; Compiler: Felix, PANews

The market is going down, copy trading (CT) has expired, it is time to start hoarding high-quality projects slowly. This article is an inventory of the top 20 projects worthy of attention by crypto KOL slappjakke.eth.

VEIL

Velodrome is the first successful ve(3,3) DEX and the only DEX that dominates the TVL of a chain, and is the main liquidity center of Optimism. The fee switch with V2 will be launched soon to achieve centralized liquidity. In the future, AERO tokens will be airdropped to veVELO lockers on Base.

ARB

Arbitrum is a Layer2 leader and has built an impressive ecosystem. Arbitrum's user stickiness is strong, and innovative projects are more willing to start on Arbitrum than Etherscan.

STG

Stargate Finance is a flagship project based on LayeZero technology, a cross-chain bridge and DEX that connects all chains. As more and more chains are adopted, Stargate will be in the leading position, and the whole chain narrative will become more and more ambitious.

JOE

Trader Joe's Liquidity Book, an innovative centralized liquidity DEX, recently released Auto Pools (automatic rebalancing and fee compounding). Joe has the advantages of high fees for LPs, profit sharing for stakers (APR of 27%), and low emissions.

FXS

Frax Finance continued to build and deliver during the bear market, quietly capturing a large share of the LSD market with its innovative frxETH launch. Products currently available include:

• frxETH (liquid collateral product)
• FraxFerry (cross-chain bridge)
• FraxLend (lending platform)

coming soon:

• frxETH v2
• Frax v3

RDNT

RDNT Capital is a full-chain lending protocol based on LayerZero technology, which has been deployed on Arbitrum and Binance Smart Chain, and more chains will be launched soon. With innovative token economics, RDNT has achieved dynamic liquidity and TVL growth during the bear market.

PENDLE

Pendle makes interest rate swaps more diverse by splitting the principal token PT (principle token) and yield token YT (yield token). This innovative protocol has swept the LSD market share. Even during the bear market, Pendle's TVL is still on the rise, and in competition with Equilibria, it has occupied a higher market share.

GMX

GMX is a derivatives DEX protocol with rising transaction volume and fee income and started a real yield narrative through their GLP token, featuring innovative and best-in-class token economics.

While GMX’s fee income has declined recently and token prices have taken a hit, its V2 version that supports synthetic assets is coming.

GNS

Gains Network is a decentralized derivatives trading platform that provides up to 100 times leverage, foreign exchange and other transactions. After Arbitrum went live, Gains Network’s fee income rose sharply.

LYRA

lyra Finance is an AMM-based on-chain options trading protocol, users can buy/sell ETH, BTC, ARB, OP call or put options. Hedging LP Vaults ensures safer LPs and lower tail risk.

After being deployed on Arbitrum, lyra Finance dominates the on-chain options trading volume.

THE

Thena is the leader of ve(3,3) on BNBchain. It is functionally the first to realize centralized liquidity, and will soon realize perpetual transactions with ALPHA. All fees go to veTHE lockers.

The Thena team's product delivery is fast, with a dense roadmap and many upcoming products.

GND

GND Protocol is creating a highly deflationary yield stablecoin gmUSD and uniswap v3 CL farm.

Due to buybacks, OTC buybacks, and xGND lockups, GND supply is declining, down 25% in 2 months.

LVL

Level Finance is a perp dex using an innovative risk management system. Recently, huge fees have been charged (note that some people say that all fees are for farming incentives), and the product plans to be deployed to Arbitrum soon.

rDPX

dopex_io is a decentralized options protocol that includes two tokens $DPX and $rDPX.

rDPX V2 is in development, this version will introduce the minting of a synthetic pegged asset $dpxETH by burning $rDPX (making it deflationary). dopex_io is a Gigabrain (people who have a deep understanding of the concept of the encryption industry) team with sufficient DAO funds and excellent Meme genes.

BTRFLY

Liquidity bribery market operator RedactedCartel is building products on Curve, Convex, Frax, Balancer, and Aura ecosystems. It is a powerful builder with a huge DAO fund pool and building high-quality products.

Contains products:

• Hidden Hand (bribe market)
• Pirex (automatic compounding)

coming soon:

• Dinero (stable currency)

AURA

Aura Finance is the revenue aggregator, meta-governance platform and bribery market of the Balancer ecosystem. It controls 31% of veBAL and will be released on Arbitrum soon.

STX

Stacks is creating the L2 smart contract layer for Bitcoin. Stacks are to Bitcoin what Arbitrum and Optimism are to Ethereum.

Stacks has launched a new consensus mechanism: Proof of Transfer (PoX) consensus mechanism. However, the current version of Stacks has very slow confirmation times, but the Nakamoto Release plans to fix this.

BIT (MNT)

Mantle is launching a modular Layer2 rollup on Ethereum, backed by the $3 billion Mantle DAO, with multiple grants and incentives to attract builders and users.

The last two projects are relatively risky, so pay attention to your own risk management.

fbomb

fBomb Opera is a deflationary farm token with 20+ flywheels and farms on different ve (3,3) DAOs bribe and accumulate veNFTs. fBomb Opera consistently maintains 100% APR and follows the market well.

Meanwhile, fBomb Opera has a steady burn rate, burning over 10% of its supply over the past 6 months.

UNIBOT

Team Unibot has created a Telegram bot where users can paste contract addresses in TG chat to make transactions.

But to ensure safety, users are asked to use the new wallet, so far, the transaction volume of Team Unibot exceeds 10 million US dollars.

• Sniper robot
• Copy whale trades

Additionally, features such as Team Unibot migration and staking and fee sharing will be live soon.

It should be noted that although slappjakke.eth makes the above recommendations, some of these projects may not survive the bear market. Especially now is a risky time to invest, we are in a bear market and prices may continue to fall. DYOR.