Decentralized finance has flipped the world of finance upside down.
It’s not bankers and stock traders ruling in DeFi…
It’s average people from all walks of life.
My community is proof of that.
If you know where to look, money can be made in crypto at “ANY” time in the market.
Now I think I have a pretty good eye for finding the coming narratives in crypto but this one
is as clear as can be anyone could spot it.
So Are you ready to zero in on it with me…well get those binoculars.
Because it's time for Chico Crypto!!
Decentralized Finance, short DeFi is quite amazing.
In crypto you can make money in many different ways.
As a liquidity provider or taker, as a borrower or lender, as a leveraged trading longer or
shorter, as a bond trader, as an option trader, as a yield farmers, airdrop hunter, shoot
you can even be a micro real estate investor or an insurer….the list goes on & on…
But one of the safest ways to make money on your crypto, at any time, is by staking crypto…and
in the world of staking, nothing is dominating more than Ethereum.
Ethereum staking is the biggest market in Staking, there is no doubt about it….
Checking out beacon chain, we can see nearly 20.7 million Ethereum have been staked so
far and at current Ethereum prices of nearly 2k, that puts the Ethereum staking market
valued at over 40 billion dollars.
The staking market is actually tracked on stakingrewards.com and as we can see, the
next biggest staking chain is Solana at 7.5 billion.
Ethereum’s staking market is 433 percent bigger than dying Solana.
Actually Ethereum is dominating the staking market so much, if you added up the markets
of rank #2 through #10, which besides solana includes cardano, binance, avalanche, polkadot,
tron, polygon, cosmos and hedera staking…their combined staking markets, still wouldn’t
outdo Ethereum’s…
This is where the major money is…and even more money is about to flow into this growing
market…why?
Well it’s where the “road” leads….
Checking out the most recent Ethereum roadmap posted in November 2022, we can see after
the Merge, the next BIG updates were Withdrawals for validators & distributed validators.
Well as we know, in April of this year, Shapella went live on the Ethereum mainnet, which included
withdrawals.
This roadmap stop is done…completed…the Next in line?
Well as we can see it’s Distributed Validators….
And there is a group of projects working on distributed validator technology, or DVT and
today I’m going to dive into a majority of them because following the yellow brick
road of Ethereum has paid off many times in the past….
So the #1 DVT project we have to cover is the project building the most used DVT technology
on the market and that is the SSV network…
Checking out SSV’s website we can see they are all about distributed ethereum staking
aka DVT, but how far along are they on this technology?
Well scrolling down, we can see they are out of testnet stage & onto their release client,
and moving onto launch and mainnet…
Does this mean coming soon?
Like in the next few months?
Well SSV just had their mainnet call, where they discussed the path to mainnet & when
it was happening and this is what was said about when the limited launch was coming!!
Limited launch at the
beginning of August…if everything goes smooth, then in September they will launch with partners,
and finally a full permissionless launch in October!!
So SSV should see bullish movements on the way to their mainnet launch.
Another reason??
SSV is a layer, it’s a project and middleware for Ethereum, that other projects can build
on…and many of those projects are ready for SSV to go live and the mainnet…
One of those projects is STADER ... .going to their website, they are all about multi
chain liquid staking & if we click on networks, we can see they provide liquid staking for
6 different chains, including Polygon, Near & Hedera but the 7th is coming soon & that
is for Ethereum…
As we can see, Stader recently tweeted “It’s time!
Get ready to PowerUp your ETH with ETHx.
The date is set.
July 10th, 2023.
See you on mainnet!”
July 10th their Ethereum solution is dropping onto the mainnet…
So how is Stader’s ETHX going to work?
Well going to their website section, we can see it works through 3 different types of
pools.
Permissioned stakepools, permissionless stakepools, and finally with DVT stake pools, the ones
we were looking for.
So when SSV goes live on the mainnet will Stader be ready to be the 1st major deployer
in the DVT space?
Well SSV tweeted about them all the way back in January of this year.
Talking about them using their DVT for their ETHX pool solution.
Even saying “The use of DVT will allow optimized yield for Stader stakers and reduced capital
requirements for operators Ultimately, it will promote our common goal of keeping Ethereum
safe and decentralized for all.”
So yes, Stader has been building on SSV for a good while.
They are definitely one to keep an eye on over the next few months leading up to SSV’s
full mainnet release…no doubt they are a launch partner, so around September is when
we could see DVT pools on Stader…
But besides this coming narrative, Stader has a lot going for it too..checking out DeFi
LLama, it has over 94 million dollars locked up in its solution, and their market cap is
just 31 million.
Remember friends this isn’t even with ETHx, which will eventually be their biggest and
most liquid pool on any chain.
There is so much room for TVL with ETHX which usually means a BUMP in the token price….
Now that we’ve talked about the tokens that are trading, let’s switch gears and hunt
for those airdrops…the DVT projects who don’t have a token trading…YET…but before
we hunt, it’s time to cover the sponsor of this video, Meld… and like always the
full details of our agreement can be found in the description
MELD, the banking stack for DeFi bridging the gap between fiat money and cryptocurrencies
by providing financial tools and services to the masses, including the unbanked.
MELD is a non-custodial layer-1 DeFi protocol providing cross-chain lending, borrowing,
staking as well as integrated fiat banking.
MELD is empowering users to take control of their finances, positioning themselves to
become a leading player in both DeFi and Neobanking and offering an exciting promotion to help
make that happen.
Let’s dive in
The MELD blockchain was built specifically for capital efficiency using the Avalanche
subnet tech stack providing fast, low-cost transactions, fully EVM compatible supporting
six leading blockchains allowing seamless asset transfers and bridging, and is currently
the largest Avalanche Subnet by validator count.
MELD is unique, not only does it natively support DeFi but also traditional fiat accounts
through it’s Meld.finance arm
Meld.finance, or Meldfi is a fully regulated new-generation EU-based Neobank to offer fiat
depository bank accounts and debit cards to users.
MELD.FI supports SWIFT and SEPA transfers giving users the ability to hold 15 different
fiat currencies offering a seamless transition between crypto and fiat assets, unlocking
the value of your crypto without liquidating your position or triggering a tax event
The MELDapp is a cross-chain non-custodial wallet providing users a secure, convenient
and user-friendly way to store, manage and transact their digital assets across different
blockchains including Cardano, Ethereum, Meld and Avalanche, taking full advantage of the
DeFi landscape without having to switch between wallets
Meld is a pioneering decentralized lending and borrowing protocol functioning seamlessly
across multiple chains, non-custodial, governed by the MELD token, providing users the freedom
to contribute liquidity and earn a yield or borrow crypto or fiat currencies in a transparent
and secure manner
The MELD utility token is currently trading on DEXs and CEXs on 4 blockchains… but to
celebrate the upcoming launch of the MELD Neobank, Meld.fi, they are giving away free
airdropped $MELD tokens to everyone who simply joins their ecosystem!
one lucky participant will even become a Meldionaire and be airdropped 1 Million MELD tokens!
Earning free money has never been easier, all you have to do is join.
You can even earn more MELD for every person you refer, or for participating in the social
tasks and weekly challenges or for performing various on-chain activities
Signing up is easy!
Visit the Meldairdrop landing page, create your MELDapp wallet, get your early access
pass and follow the prompts.
Don’t miss your chance to earn free money and to participate MELDs revolutionary fiat
neobank plus non-custodial crypto wallet so you can earn, save, spend and swap at competitive
rates…
links to sign-up for the airdrop and follow everything MELD can be found in the description
Now back to DVT airdrops…There is actually one many of you can claim right now, because
I know many of you in some form, somehow have staked their ETH somewhere….
DIVA DAO is airdropping 10 percent of their supply, and the tokens can be claimed, although
they aren’t transferable as of now…
The claim can be found at claim.diva.community, which I’ve included down in the description.
All you gotta do is connect your Ethereum wallet from where you have staked, and it
should tell you if you're eligible to claim…
So who exactly is eligible??
Diva has a medium article that explains this.
It says “Diva OG contributors, including early supporters, researchers, developers,
advisors, and community members.
Ethereum Stakers from EthStaker, Rocketpool, SSV, Lido, Dappnode, etc.
Community members from Gnosis, Uniswap, ENS, AAVE, Maker, Aragon and other DAOs.
Ethereum staking devs and ecosystem contributors.
Which I know is many of you at home…connect all your wallets and check your eligibility,
claim them tokens!
Because in a few months the tokens will become transferable and tradeable…
Now there is a final project I want to cover, who I feel will also be doing an airdrop,
although nothing is announced just yet.
That is Obol Network…
Now Obol Network are in a race against, SSV…Obol is building its own DVT solution & they are
both racing to get it to a full public mainnet 1st…
Obol is in a similar place as SSV, they are in their client release alphas as I speak….now
diving into Obol’s path to mainnet blog posted in February, they speak of Obol V2
and say “While the roadmap to V1 is an exciting one, we have been actively working on our
vision for Obol V2.
Obol V2 is primarily focused on the trust minimization of distributed validators through
enhanced applied cryptography and cryptoeconomics.”
Cryptoeconomics, aka Obol are going to launch a token!!
So my friends, I would defintely get involved with Obel, join their community aka discord,
ask around to see how you can get deeper.
Because projects who airdrop always reward loyal early members.
Also, go on the testnet and figure out how to deploy a cluster on test networks…Obol
has a launchpad, for making these easier, for non coders to understand…I’ve included
this all down in the description.
Well viewers, roads always lead to hype…and this hype is easy to spot.
I would expect these coins to do well over the next few months, and once Diva and Obol’s
tokens are tradeable, they will reward the airdrop recievers well.
If you like this content don’t forget to subscribe, and follow me on all of my socials,
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description of every video.
Cheers!
I'll see you next time!!