Research Summary
The report discusses the potential of $EQB, a cryptocurrency, and its cost-effective use in farming pearls. It also highlights the benefits of using $vlEQB for voting in swETH pools and the potential for increased earnings. The report further discusses the fundamentals of $EQB, including its breached $60M TVL and the increasing demand for $EQB.
Key Takeaways
Cost-Effective Pearl Farming
- Use of $EQB for Pearl Farming: The report suggests that using $vlEQB, derived from $EQB, is a cost-effective way to farm pearls. Investors staking and restaking one swETH only get 60 pearls, but if they farmed with 1000 $EQB, they would receive 104 pearls every week.
- Cost of $EQB: The report states that 1000 $EQB would cost an investor $210 at the current price of $0.21.
Increased Earnings
- Increased Earnings through Voting: The report suggests that investors can earn more pearls if they use $vlEQB to vote for the swETH pools and repeat the voting process weekly.
$EQB Fundamentals
- $60M TVL Breached: The report highlights that $EQB has breached a $60M TVL (Total Value Locked), indicating a strong performance.
- Increasing Demand for $EQB: The report suggests that the demand for $EQB will only intensify with every protocol wanting the largest bribe, indicating a potential increase in its value.
Future Prospects
- Future Prospects of $EQB: The report suggests that @Equilibriafi will be the convergence point for any supercharged LSD yields and the formation of @NGADfuture will bring in flywheel effects for existing $EQB holders or stakers, indicating potential future growth.
Actionable Insights
- Consider the Potential of $EQB: Given the cost-effectiveness of using $EQB for pearl farming and the potential for increased earnings through voting, investors might want to consider the potential of $EQB.
- Monitor the Demand for $EQB: With the increasing demand for $EQB, investors should monitor its performance and market trends closely.
- Research the Future Prospects of $EQB: The report suggests potential future growth for $EQB. Investors might want to research these prospects further to understand their potential impact on $EQB’s value.
