Lately, the proposal of the addition of the @Saber_HQ LP token to be an asset on @solendprotocol has been executed. Check the thread below to see the impact of this addition.
@Saber_HQ@solendprotocol 1. @solendprotocol is by far the largest lend-borrow market on Solana, with over $1B of user deposits.
However, over $234M of this is in USDC or USDT ~ ¼ total deposit. If this were in Saber, it would earn both swap fees and contribute to TVL of both protocols
The @solana ecosystem is now experiencing a major decline in comparison with other large ecosystem. So, does Solana ecosystem still attract the money flow?
Check this thread below.
@solana 1. Price & TVL correlation
Each time the $SOL price witnessed a major decline, the same happened with the TVL of the ecosystem. However, until now, the $SOL price is now creating the lower low since Dec 4th crash, but the TVL of the ecosystem...
@solana 2. Price & TVL correlation
... still stabilize above $10B. Another way of understanding, I believe the money flow is more appeared in the Solana ecosystem more than the native token itself. Now let's find out where exactly the money stay?
1.The world has experienced the evolution of web from web 1.0 to web 3.0 now since the dawn of internet.
So what is actually web3.0 and why does it matter?
2. Let's start with the evolution of web.
The web 1.0 start from the first of Internet in 1994 to 2004.
The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.
3. Let's start with the evolution of web.
The web 1.0 started from the first of Internet in 1994 to 2004.
The characteristics of web 1.0 are Centralized, Less-Interactivity and Desktop-based.
THE NEXT LARGEST LENDING AND BORROWING PROJECTS ON #SOLANA
1. The largest lending and borrowing project on Solana now is @solendprotocol . However, as history taught us, nothing lasts forever (expect BTC). Shall @ApricotFinance be able to overthrow solend?
@solendprotocol@ApricotFinance 2. In the overall section, the statistics of both projects showed the same/ relatively small differences between two projects, except for the TVL.
The TVL of solend outperforms the TVL of apricot up to 255%. What a differences.
@solendprotocol@ApricotFinance 3. On the L&B characteristics, the total supply and total borrow of @ApricotFinance cannot compare with the Solend. This phenomenon may happen due to the time of incentive programs between two projects.
@solana@RaydiumProtocol@ProjectSerum@AtrixProtocol@Saber_HQ@orca_so 2. Starting with @RaydiumProtocol - the largest DEX on Solana. Besides their ecosystem with staking, launchpad, and NFT, they also have many unique characteristics to stand out. Raydium is the project connected with @wormholecryptoto bring along the asset from Ethereum to Solana.
@solana@RaydiumProtocol@ProjectSerum@AtrixProtocol@Saber_HQ@orca_so 3. The number of transferred assets is enormous, such as: UNI, SHIB, AXS, DYDX, ..
Moreover, they integrated Serum with SRM as rewards for the fusion pool. With those characteristics, Raydium ranked 1st in the top TVL of Solana and in the top DEX of the market in trading volume.