From this article, I’ll publish a daily analysis of narratives of the Web3 industry based on my personal view(hopefully will have a team working on it in the future). Not Financial Advice and DYOR.

1. AVAX Subnet Ecosystem

   Not many people realized the launch of AVAX’s subnet $250M incentivization plan on Mar.8th will make a big difference given every L1s has launched a similar plan and the amount of AVAX is not substantially high.However, as the first announced project, the DeFi Kingdom($JEWEL) has doubled in less than a month since the initiative:

   Alpha strategy: Long Subnet Projects; Beta Strategy: Long AVAX

Relevant Reading:

2.Thorchain * Luna

Thorchain get back to the centre of DeFi stage since its launch of ThorFi(with Thor Synth enabled) and its integration with $UST(Luna).

The hype of Stargate also bring ppl’s attention to cross-chain DeFi products. As pioneer of this direction,Thorchain is still keep evolving.

Thorchain’s TVL Reached ATH(over $420M):

Relevant Articles:(In Chinese)

3.Azuki

Almost frens playing NFTs bought Azuki this week. Their cost ranges from 12E to 18E. Mostly are speculating on token launch plan of Azuki replicating the BAYC airdropped $APE token.

The Azuki floor price is seeing above 20E very soon, being the next 20E club bluechip NFT among candidates like Doodles,CloneX,CoolCats etc.

Top Signal?

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