8 New DeFi Projects with Potential

Author: ROUTE 2 FI Source: The Black Swan Translation: Shan Ou Ba, Golden Finance

This article introduces some protocols with untapped opportunities, such as yield, airdrops, etc., including potential projects from different networks, whether EVM, non-EVM or Cosmos, covering a wide range of DeFi fields such as derivatives, yield, DEX, etc. These projects have received attention for their prominent support, earnings opportunities, etc., but these should not be considered financial advice, and please do your research before interacting: 1/ Zircuit 2/ Zircuit 3/ Zircuit 4/ Zircuit 5/ Zircuit 6/ Zircuit 7/ Zircuit 8/ Zircuit 9/ Zircuit 10/ Zircuit 11/ Zircuit 12/ Zircuit 13/ Zircuit 14/ Zircuit 15/ Zircuit 16/ Zircuit 17/ Zircuit 18/ Zircuit 19/ Zircuit 20/ Zircuit 21/ Zircuit 22/ Zircuit 23/ Zircuit 24/ Zircuit 25/ Zircuit 26/ Zircuit 27/ Zircuit 28/ Zircuit 29/ Zircuit 30/ Zircuit 31/ Zircuit 32/ Zircuit 33/ Zircuit 34/ Zircuit 35/ Zircuit 36/ Zircuit 37/ Zircuit data-attrs="{"src":"https://substack-post-media.s3.amazonaws.com/public/images/1ddc2d7e-b140-4b22-9d93-68e712fca024_400x400.png","srcNoWatermark":null,"fullscreen":null," ;imageSize":null,"height":4 00,"width":400,"resizeWidth":null,"bytes":null,"alt":null,"title":null,"type":null,"href":null,"belowTheFold":true,"topImage":false," "internalRedirect":null}" alt="" srcset="https://substackcdn.com/image/fetch/w_424,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1ddc2d7e-b140-4b22-9d93-68e71 2fca024_400x400.png 424w, https://substackcdn.com/image/fetch/w_848,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1ddc2d7e-b140-4b22-9d93-68e712fca024_400 x400.png 848w, https://substackcdn.com/image/fetch/w_1272,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F1ddc2d7e-b140-4b22-9d93-68e712fca024_40 0x400.png 1272w, It is a fully EVM-compatible L2 with AI safety at the sequence level. What makes Zircuit unique among the tens of thousands of existing L2s? Smart contract hacks have been a persistent problem facing Defi, and the number keeps increasing with no clear solution. Rather than becoming another arbitration fork L2, Zircuit introduces a novel on-chain security approach that protects users from smart contract vulnerabilities and malicious actors while making it accessible to consumers with low fees and fast transactions. They have amassed an undisclosed investment from Binance Labs and Pantera. The network is currently on testnet, with the mainnet coming sooner than we think:

To prepare for the mainnet launch, they have launched an ongoing points program where users can stake supported assets to earn Zircuit points, which may be redeemable for tokens at the TGE. There are currently over 2.9 billion staked assets thanks to support for different LRT assets which allow users to earn other yields such as staking Apr, re-staking Apr, and LRT points while earning Zircuit points:

The best asset to deposit right now is $mETH which is generating 5x powder per day in the metamorphosis movement expected to end in October with the Mantle LRT $cMETH governance token $COOk.  

2/ Allora