Research Summary
The report provides a comprehensive overview of the latest developments in the DeFi sector, focusing on new launches, promising farms, and tokens. It highlights the growth of Pendle and the emerging narrative of Real World Assets (RWAs). The report also discusses the potential of various upcoming projects and provides updates on existing ones. It concludes with an invitation to join the Humble Farmer Army premium discord for more in-depth content and real-time alerts.
Key Takeaways
Pendle’s Growth and Future Prospects
- Pendle’s Resurgence: Despite a significant pull-back around the time of its Binance listing, Pendle’s Total Value Locked (TVL) has started to reclaim its All-Time Highs (ATHs). The report suggests that this growth is likely to continue, driven by upcoming Arbitrum grants, expansions into RWAs, and the future growth of Pendle Earn, Pendle’s yield protocol for users on Centralized Exchanges (CEXs).
Emergence of Real World Assets (RWAs)
- RWAs’ Growing Relevance: The report highlights the increasing importance of RWAs in the current low volatility environment, with interest rates near 20-year highs. Projects leveraging treasury bill yields, such as Maker, Canto, and Mantle, are seen as obvious bets. However, the report cautions that these tokens are relatively anti-cyclical to crypto, and their performance may decline as rates are lowered and risk appetite returns.
Upcoming Projects
- Noteworthy Upcoming Projects: The report identifies several promising upcoming projects, including OTSea, Gamblino, Uranium3o8, Kodiak, Poolside, Buttonwood, and Atlean. These projects span various areas, from peer-to-peer ERC20 token trading to DeFi’s first Tranche Stablecoin & AMM for Liquid Staking Tokens.
Good Reads and Project Updates
- Recommended Reading and Updates: The report provides a list of recommended readings for DeFi enthusiasts, including analysis of Frax V3 and Solana’s Development Report. It also provides updates on various projects, such as Celestia Improvement Proposal, Entangle Testnet Oracle, and Frax V3 Docs.
Humble Farmer Army Premium Discord
- Premium Content Offering: The report concludes with an invitation to join the Humble Farmer Army premium discord, which offers weekly premium content, an exclusive community, DeFi yield strategies, information on Degen Farms & new launches, DeFi education & analysis, and real-time DeFi alerts.
Actionable Insights
- Monitor Pendle’s Progress: Given Pendle’s recent resurgence and potential for future growth, it may be beneficial to keep a close eye on its developments and performance.
- Investigate the Potential of RWAs: With the emerging narrative of RWAs and their current relevance, it could be worthwhile to explore projects leveraging treasury bill yields.
- Stay Informed on Upcoming Projects: The report identifies several promising upcoming projects. Staying informed about these projects could provide valuable insights into potential growth areas within the DeFi sector.
- Engage with Premium Content: Joining platforms like the Humble Farmer Army premium discord could provide access to exclusive content and real-time alerts, enhancing understanding and decision-making in the DeFi space.
