Opinion from GarrettZ
Based on it thread
💥I think these projects will outperform the market in the short to medium term.
1. Synapse $SYN
⚡Synapse - This is the bridge with the best user interface (+ large volume). Synapse is creating its own L2 network based on Ethereum, which will become a cross-chain center Defi. There is a high probability that the protocol will be re-evaluated as the first L2 with its own large bridge.
👉Also, some big Twitter accounts are fans of Synapse, so as soon as we get a firm launch date Synapse Chain, FOMO will speed up.
ALPHA: You can farm Syn with stablecoins on most blockchains, but pay attention to Canto to get crazy returns (about 31% per annum).
2. years $YFI
⚡Yearn has two major catalysts: yETH and veYFI. yETH is Yearn's take on LSDs. It will offer exposure to a basket of high yield LSDs from their massive veCRV stock to stimulate liquidity. veYFI will strengthen Yearn's tokenomics.
👉 Yearn already has no inflation. The introduction of veYFI will add the possibility of shared profit and measurement (for example, the potential for bribes and DAO demand for YFI to vote for vaults).
3. Manifold Finance $FOLD
⚡Manifold is engaged MEV.
I admit that my brain isn't big enough to fully understand the MEV space, but I understand revenue... Manifold working on Sushi Guard - integration with SushiSwap, which allows you to capture MEV from all transactions.
👉Income will be divided equally between Sushi and $fold holders. I think $fold will get a new price when Sushi Guard launches soon. $fold is 3.6 times away from its September '22 bear market low.
4. Pendle $PENDLE
⚡Pendle - This protocol yield trading, which allows users to speculate on the future performance of interest-bearing assets or buy future assets at a discount. They recently launched V2, which has led to a significant increase in activity on the protocol.
👉Pendle announced the launch on a new platform DeFi - Arbitrum ($pendle already available on Camelot). I don't think the market is fully aware of the opportunity that comes with this launch, but I am confident that it will be a significant development.
5. Polygon $MATIC
⚡Although this is perhaps the most common opinion regarding my picks here, many still ignore $MATIC due to the existing L1. It's clear…Polygon, unfortunately, has the worst user interface of any blockchain I use.
👉However Polygon launches several scaling solutions based on zk L2, including zkEVM, which will launch on March 27. This represents a huge breakthrough in rollup technology and could be the catalyst for a new narrative.
Translation author: love mushroom
#Synapse #Yearn #coin #Pendle #Polygon #Manifold # article
