Great opportunity in the bull run, $NEXT has surged more than 45% in the next month!
Tell me what happened with this project and what lying in ambush points are there next.
1/ Reasons for big pump
First, narrative upgrade. After rebranding as Everclear, Connext's narrative has changed from the original 'cross-chain bridges' to the 'first multi-chain settlement layer'.
To give an analogy, just as Visa and the New York Stock Exchange have their own internal transaction clearing systems, Everclear has created an UberPool-style Liquidity market to provide clearing services for Liquidity balancers, solvers, and intent protocols.
Milestone:
0.02% of Cross-Chain Interaction Rebalancing Fee
50% of the capital flow Hedging
Month-on-month rise 3 times
30-minute Settlement time
Second, token migration. protocolToken $NEXT is about to migrate to $CLEAR.
CLEAR has introduced a brand new Voting Binding system (vbCLEAR), where stakers can vote to decide on Liquidity incentives and earn fees from protocol activities.
Staking Rewards:
1.75 million $CLEAR
A 3-month reward plan
Participation link:
The first season stake event will start on December 16th.
Note that L2's NEXT Token will be automatically converted to CLEAR, but Mainnet holders need to manually convert 1:1.
2/ Participation Opportunity
CLEAR has introduced a voting binding system.
stake: All CLEAR holders can stake their Tokens for up to two years to receive vbCLEAR and take on the responsibility of Everclear on-chain governance.
Vote: vbCLEAR holder's vote determines the issuance of CLEAR flowing to a specific chain
protocol fees: vbCLEAR holders will receive a portion of the protocol fees
For $NEXT holders: be sure to migrate and stake
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Don't miss out on a good opportunity in the Bull Market.
Great opportunity in the bull run, $NEXT has surged more than 45% in the next month!
Tell me what happened with this project and what lying in ambush points are there next.
1/ Reasons for big pump
First, narrative upgrade. After rebranding as Everclear, Connext's narrative has changed from the original 'cross-chain bridges' to the 'first multi-chain settlement layer'.
To give an analogy, just as Visa and the New York Stock Exchange have their own internal transaction clearing systems, Everclear has created an UberPool-style Liquidity market to provide clearing services for Liquidity balancers, solvers, and intent protocols.
Milestone:
0.02% of Cross-Chain Interaction Rebalancing Fee
50% of the capital flow Hedging
Month-on-month rise 3 times
30-minute Settlement time
Second, token migration. protocolToken $NEXT is about to migrate to $CLEAR.
CLEAR has introduced a brand new Voting Binding system (vbCLEAR), where stakers can vote to decide on Liquidity incentives and earn fees from protocol activities.
Staking Rewards:
1.75 million $CLEAR
A 3-month reward plan
Participation link:
The first season stake event will start on December 16th.
Note that L2's NEXT Token will be automatically converted to CLEAR, but Mainnet holders need to manually convert 1:1.
2/ Participation Opportunity
CLEAR has introduced a voting binding system.
stake: All CLEAR holders can stake their Tokens for up to two years to receive vbCLEAR and take on the responsibility of Everclear on-chain governance.
Vote: vbCLEAR holder's vote determines the issuance of CLEAR flowing to a specific chain
protocol fees: vbCLEAR holders will receive a portion of the protocol fees
For $NEXT holders: be sure to migrate and stake