In-depth analysis of $THE: Market funds are paying attention, and the market value has risen by 300%. Can the market value replicate PNUT?

Innovation of ve33 model

Bull market returns skyrocketed: at present, the average lock-up amount of the pledger is 1.78 years, the longest is two years, and the lock-up ratio is nearly 80%, which highlights investor confidence and also reflects the high yield of the bull market pledge.

 

Bear market minimum guarantee: When the trading volume of the bear market freezes, the estimated minimum annualized return for locking positions is still 35-40%. After appropriate hedging, it can still attract large funds to enter for value preservation and appreciation.

 

Aero has set a benchmark: Aero on the base chain is a successful case of ve33, with a weekly profit of $8 million and a circulating market value of about 800 million. In contrast, THE's circulating market value is much lower. In the case where Binance Chain has not yet exploded, last week's income exceeded 400,000, which can support more than 10 times the FDV increase of about 2 billion US dollars. If there are more excellent Binance Chain projects like $Koma, the community can break through the circle. Collaboration brings huge on-chain traffic. Once Binance Chain explodes again, THE's market value may exceed the FDV of Cake at its peak of about 18 billion US dollars.

 

The Flywheel Effect is about to start: With the support of the top-listed coins, unlike the traditional on-chain Dex mechanism, the ve33 model will have a strong adsorption force on on-chain liquidity, reshaping the trading ecosystem. The strong will always be strong, and THE may occupy more than 80% or even higher of the on-chain TVL and trading volume in the future!

 

Long-term layout: The top-listed $THE is based on strategic layout, and the vampire effect of the Flywheel 33 model can be reconstructed, which is part of the Binance Chain ecosystem. Unlike UNI and Cake, THE's LP revenue is given to THE, which encourages LPs to lock up and vote, forming a virtuous cycle and promoting the operation of the Flywheel. Its three-party game mechanism makes the value rivets diverse, the voting process competitive, and adds ecological variables and gameplay.

Multi-party win-win: THE ecological multi-party game reduces the possibility of project parties doing evil. Project parties need to purchase THE lock-up voting to establish a bottom pool, which is bound to project interests and will not easily sell off. When the flywheel effect is fully utilized, the ve33 token is similar to the base currency, and active Binance Chain transactions continue to benefit holders.

 

 

The limitations of the first generation: The ve33 model originated from the equal created by the FTM chain, with a lock-up period of half a year, insufficient user stickiness, and an ecosystem dominated by PVP. The flywheel effect is difficult to exert, and the ecological vitality and stability are poor.

 

The second generation problem: Velo, the v33 protocol on the OP chain, is affected by Equal, attracting a large number of "iron rooster" big investors, with many retail investors locked up for 4 years. The project team lacks motivation, and big investors control the ecosystem. In addition, the current bull market of Layer2 is affected by the sluggishness of Ethereum, and the overall lack of sufficient wealth effect and active level on the chain has affected the overall efficiency.

 

THE has summarized the experience and lessons of the previous two generations, optimized and innovated the ve33 model, aiming to create a fair, efficient, and sustainable ecosystem, injecting momentum into the reshaping of the BNB ecosystem. At the same time, Binance Chain has recently shown an explosive trend under the return of CZ, and its future development is worth looking forward to, with the potential to become the core force of the BNB ecosystem explosion.