Serra

Love Cryptocurrency & stocks

[Elite Crypto @TheEliteCrypto]

Craving ETH liquidity to play around in DeFi but also want to earn EigenLayer points and not miss the potential future rewards?

Well, now you can do that. Most people don't realize this but there are two types of restaking on EigenLayer.
➜ LST restaking(Covered in one of the previous posts)
➜ Native restaking

Now what the hell is native restaking?

With EigenLayer, anyone with at least 32 #ETH can create an Eigenpod and natively stake ETH on the Beacon chain and consecutively restake with EigenLayer. While the LST restaking remains capped, the native restaking with EigenPod remains uncapped.

But there's a problem...

With both LST and Native restaking, you lose your access to liquidity and get locked out of your ETH. But there's a solution to this problem.

With @ether_fi, you can enjoy all the benefits of EigenLayer while staying liquid with their restaked LST called $eETH. EtherFi takes your ETH, natively restakes it for you on EigenLayer, and passes on all the benefits with something more on top of it👀

Let's talk about all the perks:
➜ EigenLayer Restaking points
➜ EtherFi restaking points
➜ ETH staking yield

Apart from these base rewards, you can wrap $eETH into $weETH and use it in DeFi to earn additional rewards. I am personally depositing on Gravita and minting $GRAI stablecoin as they don't have a governance token yet👀

Wouldn't be surprised to see more DeFi integrations with projects like Yearn, Pendle, Lybra, Prisma, Radiant😌

Thank you for reading. Please give a follow if you like my work and want me to write more stuff like this.

[Elite Crypto @TheEliteCrypto]

GM folks

Santa granted your wish early – $SOL has soared to three digits and is now above $110! Time to celebrate your holiday gains! 💥🚀

[Sanchit🛸🐡 STONE🐦‍⬛🪨 @Sanchit89319783]

Ethereum DA be like….

5FUanb3n9ftB7KiYdZEsdevAZC42x9QVeBsFebRDPyqGtKEb

#AvailClash

[HMX 🐉 @HMXorg]

Dragons 🐉, your requests have been heard!👂🏻

📢 Listing Announcement! 🚀

The following markets are now LIVE 🟢 on @HMXorg:
🔸 $TIA/USD (@CelestiaOrg)
🔸 $ORDI/USD
🔸 $JTO/USD (@jito_sol)
🔸 $STX/USD (@Stacks)

Trade now 📊:
https://t.co/1dQEb91Wbf

[Elite Crypto @TheEliteCrypto]

GM Lads

I told ya ETH is undervalued and now here we are. Expecting it to pomp more.

My alt coin bags are on fire 🔥

My prediction were on point by the way👇

[Serra @SerraCrypto30]

RT @TheEliteCrypto: A lot of you have been asking me what tokens I am accumulating and why?

Here are some of the top tokens I am buying fo…

[Elite Crypto @TheEliteCrypto]

Frax V3 is almost on the horizon, the deployment has begun and will be fully completed within a few weeks.

What's coming?

Changes to the $FRAX stablecoin mechanism:
- Trust Assumptions Removed
- USD Pegging
- 100% Collateralization
- Non-redeemability
- IORB Oracle Integration for $sFRAX(Interest of Reserve Balances)

$sFRAX
They will launch staked #FRAX ~ $sFRAX which is similar to sDAI but better. Users will be able to deposit sFRAX and receive a 10% yield, which will shrink to around $5.4%, the Fed's current IORB rate.

RWAs(Real World Assets)
Frax V3 will use RWAs that closely match the IORB rate. Only specific assets are considered unless changed by the frxGov process.

Considering the big changes and updates, I think #FXS will reap the benefits. Topping up my bags in this dip.

[Elite Crypto @TheEliteCrypto]

S&P 500 Index in 1D chart had a big green candle on OCT6, We will watch how it plays on Monday, If it's bullish crypto will turn into bullish as well.

Excited about the new weekly candle for S&P and Crypto.

[Serra @SerraCrypto30]

@TheEliteCrypto @PicturesFoIder Hehe

[Serra @SerraCrypto30]

@TheEliteCrypto @HumansNoContext This is so true

[Serra @SerraCrypto30]

@CryptoLycus Nothing

[Elite Crypto @TheEliteCrypto]

@PicturesFoIder When will you have your next decent sleep?

👇

[Elite Crypto @TheEliteCrypto]

We always say DCA, buy the dip, or be greedy when others are fearful, etc. But before buying a dipping coin/token, you always need to find out the reason for the loss in value.

Getting greedy is okay, but it could backfire severely. Sometimes, DCA can help recover your losses; other times, it could lead to significant gains. However, sometimes prices may plummet if the team or project doesn't perform well, and your investment could vanish into thin air with all your money.

Always try to find the reason for the dip before investing. If there aren't any extreme reasons, then the chances of recovery will be high. The project should also make the right moves, with the market reacting positively to it. Check how the team is engaging with the community as well.

Do your research; don't blindly believe anyone, and always implement your DCA strategy correctly.

#Bitcoin #ETH #LINK #BNB

[Serra @SerraCrypto30]

@TheEliteCrypto @ShouldHaveCat 😂

[Serra @SerraCrypto30]

@TheEliteCrypto @EverythingOOC True that

[Elite Crypto @TheEliteCrypto]

@EverythingOOC "Overwatch" was just "Overhyped"

[Elite Crypto @TheEliteCrypto]

@dillondanis Get ready Mr.Paul😆

[Elite Crypto @TheEliteCrypto]

@EverythingOOC

[Serra @SerraCrypto30]

@TheEliteCrypto Cool will check them

[Elite Crypto @TheEliteCrypto]

@HumansNoContext