The development prospects of OP and ARB | FAQ

1. Is the upgraded DAI still my first choice (USDS)?

As for the upgrade of MakerDAO, I remember sharing it in a previous article. At that time, my focus was mainly on its not-so-good aspects:

The project has added a review function, allowing the project party to add addresses to the blacklist like USDT and USDC.

Although the project party is very cautious about the description of this function, I always feel that this function is contrary to the anti-censorship spirit of the crypto world.

Specific to DAI, I don’t know how this blacklist function will eventually be implemented, but overall, I think it is still stronger than USDT and USDC in terms of decentralization, so I will still choose it first.

In addition, after reading an article about MakerDAO on Messari recently, the idea that I focused more on the negative situation has changed a little. This article specifically analyzes the two projects, MakerDAO and Ethena, and talks about the potential of these two projects purely from their potential future benefits.

From the MakerDAO project's plan for future upgrades, MakerDAO will strengthen functions similar to AAVE, invest assets in the RWA field, and may even cover investments in the gaming field...

Through expansion into various fields, this article estimates that after the MakerDAO upgrade, the future APY of its token holders may reach about 15%.

Although this income is "small compared to the income brought by the fluctuation of the price of encrypted assets", it is probably quite eye-catching in the current DeFi projects.

A side note: Some readers asked for the links to the Messari articles I read. Sorry, these links cannot be sent out because the articles I read are all paid versions.

2. Have you analyzed how much the shutdown coin price is each time the bull peaks? So as to guess the next bull peak?

I have not done this analysis.

However, I read an article some time ago that the current shutdown price of Bitcoin is between $55,000 and $60,000.

The shutdown price is a more interesting topic. There don’t seem to be many articles discussing its relationship with the top of the bull market, but many people believe that it has a greater relationship with the bottom of Bitcoin.

3. Is there any hope for OP and ARB?

The token prices of these two projects may be sluggish, but I think the development momentum of these two projects is quite good among the many second-layer extensions of Ethereum.

ARB, needless to say, has long dominated the second-layer extension list of Ethereum. In addition, some emerging projects are still building their own ecosystems based on their technical architecture (such as ApeChain mentioned in yesterday’s article).

It is also worth noting that the project party is also funding a variety of potential projects in the ecosystem on a large scale.

All of these are rare initiatives for project development.

OP is even better.

I used to think OP was average, but later its progress exceeded my expectations.

Especially in recent times, OP's technology stack OP Stack can be said to be the most popular------Several popular Ethereum second-layer extensions based on this technology stack have emerged in recent years, such as the well-known Uniswap's upcoming Unichain and the old Base, which are typical cases.

Base's recent TVL even surpassed Arb, which has long dominated the list, and jumped to the first place. As of the time of writing, Base's TVL has reached 2.5 billion US dollars.

According to this trend, more and more second-layer extensions may build their own second-layer extensions based on OP Stack. Because they are all based on the same technology stack, the liquidity between these second-layer extensions is relatively easy to unify, which will further strengthen the strength of the OP ecosystem.

So, I am full of confidence in these two projects.