Send the Google Form once, and then post related content to @LairFinance.
Actually, I came here after seeing Solian's post, but since Bamtiger discovered it first, I will quote that post. Haha.
This is a re-staking project based on Kaia, which has now expanded to Vera, is listed on Gate, and has a tokenomics of 1B Max with the current price forming at 0.0147.
In particular, in May, a bridge was created between Kaia and Vera, and the LrBT re-staking token was newly launched on VeraChain this August.
What makes LairFinance strong is that it monopolizes 66% of the re-staking market on Kaia. The project has a relatively Korean team due to the characteristics of Kaia, with institutional investors like Kookmin Bank and Kakao involved, and Bughole participating as a core contributor.
The total value locked (TVL) currently stands at about 38M when combining Kaia and VeraChain, which can be considered high compared to Fragmetric, the largest re-staking platform on Solana with a much larger market cap at around 150M.
In terms of re-staking ratio, it can be seen that Kaia has 888M (4.2%) compared to Solana's 6.2B (2.4%), which is almost double.
Of course, it can be said that the comparison is different because Vera Chain is also present, but the newly launched LrBGT currently has a TVL of only 43K, so you can consider that the TVL of the Kaia chain is mostly current.
If you are invested in the Kaia ecosystem and Kaia is idle, you can create an APY of 17.4% with rstKAIA, so I think it's worth considering.
Show original

6.42K
7
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.