Take stock of the opportunities for DeFi lossless mining in the current popular public chain

白泽研究院

特邀专栏作者

2021-06-24 02:22

This article is about 1608 words, reading the full article takes about 3 minutes

Compare BSC, Heco, Solana, Acalanche and OEC, and weigh the security and benefits of each project

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Compare BSC, Heco, Solana, Acalanche and OEC, and weigh the security and benefits of each project

from obscurity"poor boy", to the sector in the industry"Carry the handle", DeFi only took 2 years.

Even though the current overall situation of the cryptocurrency market is weak, and the DeFi market has also weakened following the trend, it can still be said to be the most stable market in the cryptocurrency industry."pretty"Aberdeen.

Regarding the basic concepts of DeFi and the four prerequisites for participating in DeFi mining, Baize Research Institute also took you to understand. For details, you can review the previous article.

Review the premise of participating in DeFi mining:

1. Project security

2. The degree of value preservation of mining assets

3. The degree of value preservation of mining coins

4. Improve self-judgment ability and establish your own mining system.

Review the concept of DeFi mining:

Mining in DeFi is actually very easy to understand from a different perspective. When a DeFi project is first launched, the most lacking is capital liquidity and cryptocurrency deposits. Then I send a project token, and anyone who comes to me to deposit and lock the position can get token rewards. This is the most important thing in DeFi. Basic mining - liquidity mining. This will attract more funds to participate in the project, and encourage users to provide liquidity, so as to obtain users, traffic and funds in the early stage of the project, making the project burst out in the initial stage. But liquidity mining often faces the risk of unpaid losses.

As for today's protagonist <Lossless Mining>, as the name suggests, it means mining without loss, usually referring to mining with a single currency, such as Bitcoin (BTC), Ethereum (ETH), stablecoin (USDT), etc. A certain type of token is used for mining, and this type of token is best held for a long time. If the number of tokens is used as the standard, then the principal of non-destructive mining will not be reduced, but the value of the DeFi project can be dug out. Mining coins can be used"prostitution"one word to describe.

At present, in the DeFi world, the best-developed public chains are the following:

Ethereum (ETH) - The Early Days of DeFi"revolutionary base",A single spark can start a prairie fire

Binance Smart Chain (BSC) — Binance Exchange’s constant stream of"blood transfusion"

Huobi Ecological Chain (Heco) - started in the heyday of DeFi

Solana —— the most beautiful boy in the bull market, holds a hackathon and continues to input high-quality projects for the chain

Avalanche - a rising star with a promising future

Ok Chain (OEC) - The main network has been delayed again and again, but there will still be exchanges in the future"blood transfusion"

Here, Bai Ze will not summarize the returns of DeFi projects on the Ethereum public chain. After all, most of them are veteran projects, and the transaction costs on the chain are too high, which is not conducive to the movement of small funds.

Therefore, next, Baize Research Institute will weigh the security and income of each project for the public chains BSC, Heco, Solana, Acalanche and OEC, and make a systematic DeFi mining encyclopedia for everyone to help Everyone cleared mines and quickly integrated into the circle of DeFi mining.

1. Binance Smart Chain (BSC)

According to data from Bscprogect, the total lock-up of DeFi on Binance Smart Chain is currently US$17.8 billion, accounting for about 10% of the total lock-up of the entire network.

The following is a complete collection of non-destructive mining on the Binance Smart Chain compiled by the Baize Research Institute. It is recommended to watch it on a horizontal screen.

2. Huobi Ecological Chain (Heco)

According to the data of DeFiBox, the current total lock-up of DeFi on the Huobi ecological chain is 5.02 billion US dollars, accounting for about 5% of the total lock-up of DeFi on the entire network.

The following is a complete collection of non-destructive mining on the Huobi ecological chain compiled by the Baize Research Institute. It is recommended to watch it on a horizontal screen.

3. Solana

According to data from Defillama, the current total lock-up of DeFi on the Solana public chain is 520 million US dollars, which is about 900 million US dollars less than the peak period.

Since the current lossless mining on the chain is relatively simple, most projects focus on single-currency mining around Raydium, so the following is for reference only.

4. Avalanche

According to the data of Defillama, the total locked position of DeFi on Avalanche is only 20 million US dollars, which is about 300 million US dollars less than the peak period.

Since most of the native DeFi projects on the chain have not been audited, it is a security issue of self-inspection by the project party, so please participate carefully. The following is for reference only.