DeFi Llama listed SmartBCH top project's - TVL jumped
06-05-2022
DeFi Llama is my favorite place to explore DeFi side chains and to do more research on other chain's simply
It always calculate and show data of project's from TVL in each dex to many other protocols with their TVL
It show's total value locked in side chain no matter if it's SmartBCH or polygon or ETH DeFi llama show correct money flowing
Mostly people's explore more about DeFi chain's through DeFi llama and there's More than 100+ different chains and I've chosen SmartBCH as well all know it's EVM compatible and fast with low transaction fee's.
DeFi llama listed majority of SmartBCH project's
We're getting closer to 1 year anniversary of SmartBCH and lot's of project's was not listed on DeFi llama and TVL was quite low coz of missing project's
And now this week majority of project's are listed which is a good thing for those who are interested in SmartBCH
Majority of top projects of SmartBCH listed on DeFi llama such as
BlockNG
Goblin's
Verse
Waterloan
Emberswap
BCHpad
DeFi llama tracking Coinflex - TVL jumped 110℅
I still remember a month back someone asked Mark to list Flex on DeFi llama so it will be good initiative and TVL will be increase too
We need more TVL and at least should remain above top 20 or top 30 defi side chains
Where we at was nearly top 60 before listing of Coinflex
And then couple day's back DeFi llama added Coinflex TVL which pumped SmartBCH TVL more than 100%
This happened when it was listed and SmartBCH position moved from #60 to more likely top 30.
Later next day when i went to check TVL it was back to normal
From $55m to $29m many people's thought DeFi llama removed Coinflex (flexdao) tracking
But they only fixed it and moved to staking
As stated above now we need to enable staking to see
This side of SmartBCH TVL and as far i know this value is from flex being staked in SmartBCH.
SmartBCH Top 3 Dex on DeFi llama
As always benswap still on top and mist is now literally too close to surpass benswap and take 1st position with most TVL
And i won't be surprised coz benswap lost it's reputation
And tangoswap one of my favorite dex is on 3rd position still.
BlockNG biggest SmartBCH project
BlockNG is on 4th position with more than $4m TVL and this make it biggest SmartBCH project ever exist till date
Remember BlockNG isn't a dex it's a protocol and eco system in SmartBCH.
for further details and better understanding about BlockNG and what make's it biggest strongest project of SmartBCH i will suggest to read a quick overview of BlockNG protocol in SmartBCH
Verse with $1m TVL
With only $1m TVL verse is on 5th position and i won't be surprised to see verse on top 1 with $100m or more TVL once it officially go live.
For now verse private sale raised 30m and public sale will go live sooner or later so it's going to be a multichain dex and it's too small TVL at the moment.
Goblins cash also listed on DeFi llama
$722k TVL in Goblin's cash which is an OHM fork on SmartBCH.
It's a DeFi 2.0 protocol, discounted Bond's and High Apr's or much more easy to find in depth explanation about complete protocol on Goblins.cash.
Some other's projects listed on DeFi llama
Also some other project's already listed on DeFi llama like Waterloan or bpad, Honk dex, Emberswap dex.
Well more respect for the person who spent precious time for applying listing of these all projects in DeFi llama
And yea currently i checked SmartBCH position is Like 65 and more exciting thing's are going to happen later
Though that would be a good thing if DeFi llama count's NFTs floor value i believe lot's of BCH are flowing between NFTs.
Overall project's positions
This is current stats and positions, all dex and DeFi protocol's, launchpad or lending platform.
I'll make a complete analysis very soon on this for now let's talk about total increase in TVL with these recent new listings
Overall increase in TVL of SmartBCH
With these all recent listing lot's of missing TVL is now being tracked and this is a data of TVL in USD
It's red and minus -6.5℅ coz of recent market fall
But it's obviously increased in BCH perspective coz of these all new listing's but I'm not sure exact changes coz it's not loading at my end maybe coz of internet speed so before these all listings total BCH locked was around 107k and after this might be close or above 115k BCH.
Still SmartBCH is too small and in coming time we'll see 100k or more BCH coming in when sha gate and multi chain dex and Bridges will arrive for now we are too early and focus is to keep a strong hold on some of strong projects.
fin.
Soon I'll do proper explanation of all these project's listed in DeFi Llama that would be helpful for new peoples on boarding into SmartBCH.
For now let me know which project is your favorite from all of above.
These day's I'm absent from sep20 or NFTs stuff to be honest and only playing Game for return of investment and patiently waiting for bull season.
Everyone is suffering these day's market isn't stable and totally depends on news but i never feel scared of holding bag's of BCH and also bought more in this dip from stable coin.
I'm learning from you.. Keep it up brother. Maybe you're the one whose post i read fully without skipping..