Editor's Note: This article comes fromAhua Blockchain (ID: ahua-blockchain), reprinted by Odaily with authorization.
, reprinted by Odaily with authorization.
In the current EOS ecosystem, the EOS DeFi sector has the best growth momentum. The token prices of other sectors are relatively weak, and even the price of EOS itself has been slow to rise. Therefore, if you invest in the EOS ecosystem, apart from the DeFi sector, there are no other good sectors worthy of attention.
In EOS DeFi, DFS, BOX, OGX, etc. are better. From the price point of view, these are 10 times + currencies. Among them, the main function of Dafengshou and Dabao is flash exchange. They are in It is mentioned in the white paper that in addition to flash swaps, there will be stablecoin minting, mortgage lending and synthetic assets.
At present, whether it is Dabao or Dafengshou, mortgage lending and synthetic asset agreements have not yet been launched. It can be said that these are two more important functions, and they are also two important sections. They are more expected functions besides flash swap .
Especially borrowing, it can be said that it is just needed. After all, the tokens on EOS are gradually increasing. There is also a market demand for borrowing another currency by mortgaging one currency. If you are optimistic about the price of DFS, you can mortgage EOS to obtain DFS. The borrowed DFS can be used as a band, market making, etc. Borrowing can activate idle assets in your hands and maximize the value of your assets. For example, in the above example, it is not necessary to sell EOS directly to exchange for DFS, but to obtain DFS by mortgaging EOS, so that DFS can be used for other investments.
Therefore, whether it is Dabao or Dafengshou, it is only doing a good job in flash swap at present, and there should be great potential in the future."EOS+KEY"Compared with the EOS price itself, it is obvious that the recent rise of EOS DeFi coins is still good, and many EOS DeFi products require EOS. For example, market makers need EOS."EOS+USDT"market or take
It is impossible to make a market without EOS, and in some pledged mining, EOS is often brought, such as diamond mining some time ago.
It can be seen that EOS DeFi has promoted the demand for EOS tokens. It stands to reason that the price of EOS should also rise with the development of EOS DeFi, but why is the price of EOS still not rising? Let me share my opinion.
Although EOS DeFi has indeed increased the demand for EOS, it is not enough. After all, there are more than 1 billion EOS. Judging from the current volume of EOS DeFi, there is still some distance from raising the price of EOS. EOS can The DeFi projects that can be obtained may be counted on five fingers. And most of the people who participate in EOS DeFi are basically people who already have EOS in their hands, or they just withdraw EOS from the exchange to the wallet to participate in EOS DeFi, and there are not many people who buy EOS in large quantities from the secondary market Come and participate in DeFi, the popularity of EOS DeFi is far from this level.
Although the DMD project last time caused a surge in the demand for EOS and USDT in a short period of time, it soon dropped. After all, the time for staking mining in DMD is limited, and more and more people participate in EOS DeFi. The more mature and rational, the less FOMO is.
Moreover, the demand for participating in EOS DeFi market-making with EOS in hand is not so strong, and the rate of return of market-making is not high. Even if there are three or four mining, many coins dug out are worthless in the long run. It tends to return to zero, and the participants are very rational and often dig, sell and raise. Everyone knows that such a model will not last long.
The demand for market making is not as strong as imagined. At least compared with the demand for ETH in ICOs in the past, there is still a big gap in the degree of demand. In the last wave of bull market ICOs, the project side directly required the use of ETH (or BTC) to participate, without ETH, it is impossible to participate. This kind of financing method has a strong demand for ETH, and we know that ICO was very popular at that time, and it skyrocketed when it went online. Many projects participating in crowdfunding participated in the share. It needs to be grabbed, and the probability of winning is not high. Therefore, in the last wave of 1CO, the market demand for ETH was rigid. Due to the large number of ICO projects, the market demand for ETH was also relatively large, which eventually drove the skyrocketing price of ETH.
However, there is still a gap between today's DeFi and the ICO of that year. Therefore, even though the current EOS DeFi is developing well, it has not played a big role in raising the price of EOS.
Moreover, the development of EOS DeFi is also restricted by the current ecological development of EOS. After all, there are still relatively few valuable tokens issued on EOS, and the business volume of exchange between tokens and even lending will be correspondingly less. Therefore, the business scale of EOS DeFi is also very limited in the short term.
Moreover, there are too many factors that affect the price of EOS. Due to Block one's inaction, the evaluation of EOS in the market is very low. With such a hot DeFi, Block one not only has no layout, but also supports some excellent projects in the EOS community. On the other hand, B1 did not give substantive support in terms of technology or capital.
Even in the EOS community, basically more than 98% of the people are very dissatisfied with Block one. After all, Block one represents the official EOS public chain project, and their attitude is very important. Their indifferent attitude towards EOS has made everyone lose confidence and even despair. Everyone has no confidence in Block one, and there is no expectation for EOS to rise. How can the price of EOS rise?
The downward pressure on EOS is too great. Only relying on the current EOS DeFi will not have much effect on the price.
So can the social application Voice drive up the price of EOS?
Through the similarweb website, let's take a look at the traffic of Voice.
Judging from the traffic comparison of Voice and Bihu, the traffic of Bihu has been rising in recent months, while the traffic of Voice in August has also declined compared with the traffic of July. You must know that Voice was released in August. After registering, we can not only read the articles on Voice, but also register for Voice. After registering an account, we can of course publish articles on Voice.
Moreover, each newly registered Voice account will have 10 invitation codes. It stands to reason that a large number of people should register and start posting on Voice. However, judging from the traffic data monitored by similarweb, the traffic in August not only did not increase , On the contrary, it has dropped, which also shows to a certain extent that the development of Voice has encountered many problems. In the short term, it is unrealistic to rely on Voice to promote the rise of EOS prices.
The Voice built with a lot of money by Block one cannot promote EOS, so can EOS game DAPPs do it? At present, although EOS game DAPPs have advantages over other public chain game DAPPs, there is still a long way to go before large-scale application, and EOS game DAPPs are far from reaching the level of explosion.
So, in the current cryptocurrency market, if the price of EOS is going to rise, what is the main reason?
I think the key factor affecting the price of EOS lies in the actual behavior of Block one. If Block one can take some practical actions and have some substantial benefits to the EOS ecology, then the price of EOS will definitely rise, no matter what , BM's positive EOS speech on Twitter can still push up the price of EOS. This at least proves that their influence is still there, so for EOS, the follow-up of B1 is still very important.
After all, among the factors that affect the price of cryptocurrencies, people's psychological expectations still account for a large proportion. This is a fact that has to be admitted when investing in cryptocurrencies. EOS still has a lot of practical value. Why is the price not rising? Isn’t it because people have no confidence in it and no expectations? And all of this has a lot to do with Block one, after all, EOS is issued by them. They represent project officials, and their actions affect people's confidence and expectations.
If B1 is indeed still ignoring the community as before, it must rely on the efforts of the community to promote the rise of EOS prices. Judging from the current hot spots, EOS DeFi must reach a considerable scale to be possible , but we also mentioned earlier that EOS DeFi will be restricted by the development of the EOS ecosystem, and the EOS ecosystem will not have a major development in the short term, so EOS DeFi will have a limited role in promoting EOS prices.
And Block one is the lever that pushes the price of EOS up. As long as they use a little force, the price of EOS will have a more obvious performance.
