Following the Latest Crypto Trends with Rivo

With the crypto industry evolving rapidly, new market trends seem to be emerging every week, providing investors with a wide range of earning opportunities. In fact, this dynamic environment offers participants exciting prospects for growth and innovation, encouraging investors to explore and capitalize on fresh opportunities.

That said, it can be challenging for investors to stay abreast of all the latest happenings in this space. And, failing to stay up to date with these trends can lead to ill-advised investment decision-making, as each project requires thorough analysis. Listed below are some important trends that have permeated the market recently.

Memecoins

Since the start of 2024, the memecoin sector has grown exponentially, thanks to its convenient way for investors to express bullish sentiment without any complex technological jargon. According to recent data, the industry has been the most profitable crypto narrative of Q1 2024, registering average returns of over 1,300%. Earlier in May, Shiba Inu dethroned Cardano (ADA) from the top-10 list of crypto assets by total market capitalization.

ETH Restaking

Earlier this year, Eigenlayer pioneered the concept of ‘re-staking,’ allowing ETH stakers to provide security not only for the Ethereum network but for multiple networks at once, or in other words, enabling investors to earn yield from their staked ETH while still being able to use their funds. To this point, the recent approval of eight Ether ETF listings has seen billions of dollars poured into various restaking protocols. For instance, year-to-date, Eigen Layer has already accrued over $18 billion in funds while Ether.fi has amassed $6.2 billion in TVL — suggesting that the technology is here to stay.

Point Farming

Instead of a more conventional way of distributing tokens through liquidity mining, many protocols are now starting to give out ‘points.’ These points represent users' contributions to a protocol and are later converted into tokens and airdropped to users. Furthermore, points farming allows teams to acquire users and TVL at a lower cost while opening up a more flexible, dynamic, and gamified approach to incentivizing users.

Ethena

Ethena is the fastest-growing synthetic stablecoin within the DeFi arena, backed by staked ETH hedged by ETH short positions on perpetual futures, allowing it to deliver yields of up to 30% APY. Most recently, the platform achieved a total value locked (TVL) of $3.5 billion while also integrating the Solv Protocol into its digital framework. The latter resulted in the launch of ‘SolvBTC Yield Vault,’ enabling users to deposit SolvBTC and earn yields from Ethena's strategies while maintaining exposure to Bitcoin. Moreover, the supply of Ethena’s USDe stablecoin recently surpassed the $3 billion mark, making it the fastest-growing USD-pegged asset in crypto history.

Pendle

Pendle has become the go-to protocol for speculators and liquidity providers, benefiting significantly from the growing hype around liquid restaking, which separates yield-bearing token assets into principal (initial investment) and yield components (future interest). In fact, during the month of May, Pendle's price and TVL surged by over 50%, outperforming many top DeFi projects (such as Uniswap) and bringing its TVL to $6.28 billion — making Pendle one of the top six largest DeFi protocols.Lastly, Pendle has expanded its reach by being listed on Kraken and BYDFi, enhancing its accessibility and liquidity in the market.

What is Rivo Yield Marketplace Offering?

Rivo's Yield Marketplace offers investors access to some of the hottest, most trending DeFi strategies in the market today. These include several ETH restaking offerings as well as those that harness the power of points farming, time-sensitive incentives, etc. Here are some options worth considering:

rsETH

The strategy provides liquidity for the rsETH pool on Pendle Finance. The strategy allows users to earn sizable returns composed of restaking ETH yields and points for an upcoming KelpDAO airdrop.

eETH

The strategy provides liquidity to the eETH pool on Pendle Finance, earning users a boosted ETH yield consisting of restaking rewards and other incentives from Pendle. Additionally, users who participate in this strategy receive points for potential airdrops by Renzo, Eigenlayer and ether.fi.

Apart from this, Rivo also offers multiple strategies utilizing protocols with real use cases, a consistent user base, and a solid track record. These strategies provide liquidity for major lending protocols (AAVE, Silo, Venus) and DEXes (Curve, Velodrome).

Other Strategies on Offer

  • RDNT/WETH: The strategy provides WETH liquidity for the RDNT governance token, allowing investors to earn AURA as rewards.

  • Gearbox USDC: The strategy supplies USDC on the leveraged yield farming platform Gearbox to receive interest. The supplied USDC is used by borrowers on the platform to farm a variety of DeFi strategies with leverage.

  • SNX/USDCe: This strategy provides liquidity in the form of USDCe for the Synthetix (SNX) token pool. In exchange, users can earns yield incentives denominated in VELO.

Conclusion

As the digital asset industry continues to mature, Rivo has designed a DeFi Yield marketplace for investors to stay updated with all the latest crypto trends, offering a diverse range of strategies that cater to both sustainability and speculation, thus ensuring a secure and lucrative DeFi experience.

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