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Bitget VIP Weekly Research Insights
VIPBitget VIP Weekly Research Insights

Liquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.

Bitget·2024/09/13 06:30
GAMEE | Earn WatPoints NOW in the Wat Protocol: Episode 4 🚀
GAMEE | Earn WatPoints NOW in the Wat Protocol: Episode 4 🚀

GAMEE brings blue-chip NFT communities on board to join our flagship TON-based project

Medium·2024/09/11 09:50
Bitget VIP Weekly Research Insights
VIPBitget VIP Weekly Research Insights

US initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.

Bitget·2024/09/06 06:01
Flash
  • 16:29
    Trump: Will Impose Additional Tariffs on Countries Levying Tariffs on the US
    U.S. President Trump: Will impose additional tariffs on countries that levy tariffs on the United States.
  • 16:29
    Trump: Congress is About to Pass the Largest Tax Cut in History
    U.S. President Trump: Congress is about to pass the largest tax cut bill in history. The tax relief bill is "progressing smoothly" in Congress and will become the rocket propelling the leap of the U.S. economy.
  • 16:28
    US Inflation Expected to Rise with the Evolution of Trade Policies
    Idanna Appio, Senior Vice President at First Eagle, an American investment management company, stated that following the moderate CPI report in April, U.S. inflation might rebound in the coming months. It is expected that there will be other moves in trade, with potential announcements of new tariffs and agreements. We must wait and see how some of these deals turn out. The recent US-UK trade agreement and the tariff suspension with China suggest that tariffs will be "significantly lower" than previously expected. The Federal Reserve seems more willing to accept the view that the impact of tariffs on inflation may not be merely temporary.
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