Results, Pundgy Penguins’ Capa 2 network, fights to attract liquidity



Summary, the Layer-2 network released this week by Pudgy Penguins, has had a start off despite offering a series of incentives to new users.

The network scored 711,000 user transactions on Liberation Day, but that respectable total has been eclipsed by the lack of tickets. Its total insured value (TVS) was standing only $ 33 million in ether (ETH) and Stablecoins, far from the tens of billions of dollars distributed in other layers of layer 2.

The native decentralized exchange of the platform, Noxa, has a total value of $ 109K in total value (TVL), below $ 515K the day of launching, shows defilling.

The launch was marketed as a “new era of consumption crypt” with simplified incorporation that allowed users to create a wallet using an email address.

Users who interact with the abstract “points” of Mainnet, which can be used to “level” and unlock rewards. However, an abstract defender of X pointed out that “most people do not care about XP as much as turning their NFT,” before regretting the project community.

Abstract functions such as most other Ethereum -based layer networks, users can join funds from other blockchains, exchange tokens in decentralized exchanges and launch new tokens in Zoo.Fun, the abstract version of the Fun Token pitcher.

But the CEO of Abstract, Luca Netz, wants to take away the attention of challenging applications that generally have the greatest liquidity in other networks, on the other hand, wants products that are “fun”.

Netz said during an interview that “if it is not fun and viral, there is no reason to be built in the abstract. I am optimizing for fun, viral, simple, stupid. If you want to build the next application, I really recommend you use Berachain or referee .

The launch of Abstract has coincided with a loss of impulse in the native token of the grocery penguins (PENGU), which has decreased by 7.6% in the last 24 hours and 41% in the last week.

The non -fungible Token sector (NFT) has fought to reach the vertiginal heights of 2022 during the recent upward market. The commercial volume in Opensa, despite experiencing an important increase in December in the midst of Airdrop rumors, averages around $ 15 million per day in January compared to $ 160 million per day three years ago.



Leave a Comment

Your email address will not be published. Required fields are marked *