Editor's Note: This article comes fromChatting with Xiaozha (ID: xiaonazha88), reprinted by Odaily with authorization.

Editor's Note: This article comes from

Chatting with Xiaozha (ID: xiaonazha88)

Chatting with Xiaozha (ID: xiaonazha88)

The market began to pick up slowly. First, BTC performed, hitting $13,000; then ETH performed, and the price of ETH reached $400, hitting $420.

During the performance of ETH yesterday, one more thing was mentioned: ETH2.0 will open the genesis block in November.

According to TrustNodes, Danny Ryan, the head of the Ethereum 2.0 project, said that the Ethereum 2.0 deposit contract is imminent. Danny Ryan suggested that nodes continue to run the Medalla testnet. At the same time, he said, a blocker determines "MIN_GENESIS_TIME," which determines the date of the genesis block. That is, a minimum deposit of 500,000 ETH is required before the genesis block can begin, and it is not clear if there are any other significant deterrents. Regardless, the Genesis block is expected to launch in November.

Then the mainstream currencies such as BTC and ETH have recovered, so who will be next?

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1. The framework of the blockchain world

Yesterday, Weibo blogger "Xia Ke Zhang_DeFi" released a framework and deduction map of the blockchain world.

The blogger said: "Understanding the framework and deduction of the blockchain world from bottom to top and from the inside to the outside is very helpful for discovering new opportunities. No one can predict where new opportunities will appear, but with a good framework, When new opportunities arise, they are more quickly identified, recognized, and actively engaged.”

From the bottom layer, the middle layer, the application layer to the user layer, now that the underlying BTC and ETH are activated, who will benefit from this?

Of course, the difference between the launch of BTC and ETH is that a large number of institutions enter the market to buy Bitcoin, such as Grayscale, US stock listed companies, etc.; paypal will bring users into the cryptocurrency market, which is of great significance to the blockchain market. There are more than 300 million users, which means that more than 300 million potential users will be added to the cryptocurrency market at once.

ETH2.0 is going to open the genesis block, who will benefit from ETH2.0? Of course many projects will benefit from it. Personally, I think it will be the current protocol on ETH, that is, DeFi.

At the same time, a large amount of BTC is also flowing to the ETH chain. When mainstream assets such as BTC and ETH rise, DeFi, as a decentralized finance, will have more room to play.

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2. Overview of the DeFi industry

So, who will be the king of gains in the next wave of DeFi?

Looking back at the tokens with a relatively large increase in the last wave of DeFi:

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1. The comp in the lending field started liquidity mining, and it rose by 450% when it went online;

2. Aave (lend) in the field of lending has also increased by more than 100 times from the bottom;

3. Convergent financial management YFI, a few dollars on the line, the highest rises to more than 40,000 dollars;

4. The new stable currency asset ampl has increased by more than 50 times in a month.

Of course, there are many products with high early mining returns, such as YAM. Give all customers uni worth at least 10,000 yuan for each address, etc.

So where is the next wave of opportunities? DeFi leader, DeFi innovative product or something else? Walk and watch.

Here is an overview of the DeFi industry to help you understand the situation of DeFi.

DeFi is now the leader in each track:

Transaction: uni bal

Loan: aave comp

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Synthetic assets: snx uma