$SHEZMU with the Market Cap of $PENDLE ⬇️
Be early to the party here, this ancient tech gigabrain project is going to be a big player in the #DeFi space 🤝
Shezmu Tech - The DeFi Gigabrain Flywheel
I saw a post the other day about $SHEZMU tokenomics and growth, and how guardians are creating sell pressure.
Let's address this, as #DeFi has a new player, and getting into $SHEZMU at this point is in my opinion, a no brainer for risk/reward.
1️⃣Yes, Guardians do create Shezmu sell pressure, because that is part of the incentive of burning Shezmu, in order to receive rewards.
2️⃣ If Guardians create sell pressure, the biggest question I would be asking is, do they add value to the ecosystem. The answer is yes. Not only do they add value, they underpin a huge aspect of growth for @ShezmuTech. Guardians also create buy pressure, as you need to burn Shezmu to mint Guardians, as well as pay a $USDC fee.
3️⃣ Once enough Guardians are minted, halving cycles occur, ultimately halving the daily reward distribution each time. Therefore, claiming your rewards and providing tribute fees to the Shezmu treasury instead of compounding into more guardians, ultimately means you will lose your overall % of guardian ownership vs the pool, but also realise some profits.
4️⃣ This sell pressure is actually healthy, and bullish. To start, it supports the team to continuously perform buy backs and burn tokens into guardians, thus increasing their overall guardian % holding. This both supports price action and emissions long term as they will continuously compound. The sell pressure is also no different than early investors taking some profits, and it provides a lot of opportunity for early adoption and entry for others.
5️⃣Now, once we start to include the actual ecosystem for staking and lending with all of the vaults available, additional external funds will flow into the Shezmu ecosystem. We have a fully functional ecosystem where external value is entering, adding value to Shezmu everyday.
6️⃣The next halving cycle is 58k guardians away, at which point 300k guardians will have been minted. I anticipate this will occur at the end of October. From here, I suspect the move could be significant. The team are building hard and the growth potential is huge.
7️⃣Finally, there will also reach a point in which the Shezmu token will end up in a deflationary state. There are currently 874,000 Shezmu and whilst daily rewards are generated as noted above, the external revenue streams and Shezmu's personal guardian holding will significantly reduce the supply availability and accelerate burns. There are also options to lock for up to 4 years.
Only 874,000 tokens and $3 a token, all I can say is do the Math here. This is a gigabrain project, and the flywheel is working exactly how it should. Once further growth and adoption takes place, there is no going back.
SHEZMU RECLAIMS $5M IN HACKED FUNDS LIKE A BOSS
Crypto lender Shezmu just pulled off a major win by snagging back nearly $5 million in hacked funds through some slick negotiation.
After Fuzzland’s Chaofan Shou sounded the alarm about a breach in their stablecoin vault, Shezmu offered a 10% bounty to get 90% of that stolen cash back.
When the hacker countered for 20%, they went for it, and soon enough, those Dai and Ether tokens started rolling back in.
Meanwhile, WazirX is still chasing down a hefty $230 million in stolen funds, showing just how crucial a recovery plan is in this wild crypto game.
Source: CoinTelegraph
Just a few hours ago @ShezmuTech announced that the WBTC/shezBTC market is now live⚡️. You can borrow against your $WBTC and earn $SHEZMU rewards by supplying liquidity on @CurveFinance 💸.
#Shezmu is the first hybrid CDP being built atop LayerZero. Deposit and borrow against yield-bearing assets and #NFTs at https://t.co/efaOZpFl38🙌.
X https://t.co/3arVSdJai7
Links https://t.co/hZ8pWAxAyb
Telegram https://t.co/8zSlJuWn91
CA: 0x5fe72ed557d8a02fff49b3b826792c765d5ce162
$SHEZMU
Recent Updates
- Being tracked on @DefiLlama.
- Partnered up with @fraxfinance.
- Boosted rewards live on @beefyfinance.
- Rewards for farmers on @AuraFinance.
- Braned new UI launched.
Technical Analysis
- Showing great signs of recovery from the absolute bottom , already up 4x from our initial call (~$2.5).
- $15 would be an important resistance and there's high chance to turn into support in the next few weeks imo.
- Next tps aren't such strong resistances , so after confirmation of $15 it would be an easy way up to new ATHs imo.
@ShezmuTech is the first hybrid isolated lending protocol w/ one of the strongest communities in the space and a great hardworking team , providing with updates and new partnerships consistently.
$SHEZMU - Chart is a thing of beauty. Increasing volume, holders going up quickly, and still a very low marketcap. 1st hybrid isolated lending protocol, just hit 1 million TVL in the USDC pool, lots of partnerships being announced, and the community is very passionate.