BlockBeats News, on February 21, according to ai_9684xtpa monitoring, Sonic Eco-DeFi Token SHADOW regained the DeFi track in the Meme battle. S tokens rose by 60% on 7 days, SHADOW rose by 348% on 7 days, Sonic TVL increased by 348% on 7 days, Sonic TVL has been in the past month The increase exceeded 500%, while the Shadow Exchange liquidity pool APR can reach up to 114,730%, and AC (Andre Cronje) is the project tweeting platform.
AC (Andre Cronje) is known as the King of DeFi, founder of Yearn Finance, and a core contributor to Sonic. Sonic is the original Fantom, a low-cost EVM compatible with Layer1. The S token is a native token of Sonic network and currently has a market value of US$2.57 billion. Shadow Exchange is a native centralized liquidity layer and DEX, a platform for the magic mine. The SHADOW token is a Shadow Exchange native token with a market value of US$40.7 million.
(3,3) Game theory and its variants:
(3,3): That is (Stake,Stake), a game mechanism that attracts coin holders to continue to pledge re-investment of tokens through high APY. The project party provides a price guarantee through the liquid assets it has mastered, and once it is lower than the threshold, it will be carried out. Repurchase and achieve win-win results with coin holders, but once coin holders collectively exit, the mechanism will collapse quickly;
ve(3,3): AC has been based on the mechanism proposed by Curve in 22 years, by converting locked tokens into tradable veToken NFTs to solve liquidity problems, while improving the AMM model to deal with the transaction risk issues of different types of assets, reducing The friction between traders/liquidity providers/coin holders is still lacking;
x(3,3): Iterative version introduced by Shadow Exchange, supports staking users to exit at any time (no token locking required).
For more project information, please refer to BlockBeats in-depth report "Soaring 500% in a week, understand Sonic's "DeFi engine" Shadow Exchange".
BlockBeats reminds users that DeFi projects are at high risk and should be cautious when participating.
