Holdstation Weekly Recap: Week 3, Jan 2024
Date: 16th Jan 2024 - 23rd Jan 2024
Overview
This week marks a significant milestone for the zkSync ecosystem, showcasing its competitive edge in user attraction and TPS performance compared to other Layer 2 solutions. In tandem with this, Holdstation has identified substantial yield opportunities. Let's delve into the details.
Key Takeaways:
- zkSync maintains a 4-week lead in transaction processing speed (TPS) and boasts 24% of unique addresses active across all L2s and Ethereum.
- The partnership with Lido Finance brings the LSD narrative to zkSync.
- $HOLD yield is showing strong performance, with potential for increased APY, bolstered by a partnership with Mute.
- The Biggest Holdstation Trading Contest now begins
- Holdstation's statistics are now accessible on Token Terminal.
- Holdstation has formed a partnership with Zeek the ZK Cat.
- Holdstation successfully organized the WEB3CON VIETNAM event in collaboration with Bitget.
And more..
zkSync Ecosystem Updates
zkSync continues its 4-week streak as the leader in TPS, outperforming Ethereum and other Layer 2s over a monthly period.
On top of that, approximately 24% of unique addresses active across all Layer 2 platforms and Ethereum in a given week are now on zkSync. This statistic highlights zkSync's significant and growing influence compared to other Layer 2 solutions.
zkSync x Lido
Lido is now available on zkSync. Users can bridge $stETH into the zkSync Era, leveraging its functionalities and ecosystem. The availability of Lido on zkSync opens vast opportunities for its users. Lido's extensive user base and the numerous well-established protocols built on it to optimize yield bring the Liquid Staking Derivatives (LSD) narrative to the zkSync ecosystem.
Get ready to stake 💧 https://t.co/cLjasBP3Of
— zkSync (∎, ∆) (@zksync) January 16, 2024
Holdstation Weekly Recap
Weekly stats
This week, Holdstation's yield opportunities are soaring, offering users enhanced passive earnings and diverse options to maximize their APY with $HOLD:
According to Defillama, $HOLD staking APY is showing robust performance.
📢 $HOLD Staking APY is having an excellent performance according to @DefiLlama
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 18, 2024
The calculated TVL is now capped at $8,58m, with a total APY of 63% - That's a 20% increase from last week 🎉
And remember, this doesn't even include $esHOLD rewards, so the actual yield could be… pic.twitter.com/OEwE6LNxt8
Users can now boost their yield in the ETH/HOLD pool with up to 50% APY, receiving rewards in $HOLD tokens. Just add your HOLD/ETH liquidity token to Mute’s amplifier pool.
📢Great news for #Holdstation liquidity providers!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 22, 2024
Now, cultivate yield in the ETH/HOLD pool and receive rewards in $HOLD tokens 🌱
🚀 APY up to 50%+ - Only on @mute_io. Dive in to amplify your LP earnings! https://t.co/PsUiVegGzV pic.twitter.com/wkpqKD5TR3
Last week, Holdstation Defutures generated a remarkable $62,349 in fees. Impressively, 80% of these fees are distributed as rewards to HOLD stakers and Vault stakers, enhancing their earning potential.
📢 Update: #Holdstation DeFutures made waves, pulling in a stellar $62,349 in fees last week!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 22, 2024
💰 $HOLD Stakers: $24,939 earned
💰 Vault Stakers: $24,939 earned
Kudos to our dedicated stakers – a fantastic 80% of those fees are your well-earned rewards! pic.twitter.com/emFcyHffgK
Weekly Yield Updates:
USDC staking vault
- Total USDC Vault APY: 48.45%
- Total staked: 2,142,511 USDC
HOLD staking vault
- HOLD staking APY: 95.03%
- TVL: 7,051,681 USDC
- HOLD Staked: 2,149,902
- Percent Staked: 57.33%
Exciting Events
The biggest Trading Contest Holdstation has ever held: Holdstation's Lunar Clash Trading Contest.
Join now to earn a reward pool of over $120,000 in $HOLD 🎉
🔥 Gear Up for Holdstation's Lunar Clash Trading Contest! 🌙
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 22, 2024
Welcome you all to the biggest Trading Contest #Holdstation has ever held. Join now to earn a reward pool of over $120,000 in $HOLD 🎉
📅 Contest Period: January 22, 2024 12PM - March 18, 2024 at 12PM UTC
🌟… pic.twitter.com/26wmXhh4tL
To conclude 2023, we're launching an exclusive Holdstation NFT on Galxe.
🎉 Wrapping up a stellar 2023 with gratitude to our amazing users! Thanks for your trust and support. 🙌
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 19, 2024
🚀 Kickstart an even more prosperous 2024 with #Holdstation's special New Year campaign in collaboration with @Galxe ! Wishing all good health, success, and fruitful trading.… pic.twitter.com/l4xMsNzJ5l
Holdstation proudly organized the WEB3CON VIETNAM event alongside Bitget. This event brought together the best in the Web3 industry to share insights, products, and experiences, driving towards mass Web3 adoption.
#Holdstation is proud to be the organizer of WEB3CON VIETNAM EVENT.
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 17, 2024
In collaboration with @bitgetglobal and other industry experts, we're all set to delve deeper into Web3 and the future of blockchain technology.
A great chance to connect and explore with the best, join us at:… https://t.co/oX7EcnizZ5
Partnership Announcements
Holdstation's stats are now accessible on Token Terminal, reflecting our commitment to building a transparent and effective protocol for the best user experience.
📢 Keep tabs on your #Holdstation stats effortlessly with the latest updates on @tokenterminal! https://t.co/57gXruEJkH
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 22, 2024
We're excited to announce our partnership with Zeek the ZK Cat, the iconic figure on zkSync. Embracing meme culture is vital in the crypto community, and this partnership celebrates that spirit.
🐱 #MEOW Alert!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 18, 2024
It is formally recognized, #Holdstation now partnered with @zeekcoin, the iconic cat figure on #zkSync 🤝
To mark this purr-fect partnership, we'll airdrop $3,000 worth of $MEOW randomly in our Treasure Chest!🔥
Pounce on those chests and get your ameowing… pic.twitter.com/awR5xu5bCt
Join us in celebrating the Paymaster Revolution with an exclusive NFT by Mute.io and Holdstation. This event on Galxe honors our collaboration in supporting the Paymaster feature.
✨ Immerse yourself in the #Paymaster Revolution: Exclusive NFT by #Muteio x #Holdstation!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 20, 2024
Embark on an extraordinary journey with https://t.co/1K5tV7q8w5 and Holdstation! Participate in our exclusive giveaway event and delve into the groundbreaking realm of Paymaster on… pic.twitter.com/n2uhvmPDQU
Good to know
We're rewarding our daily users with special treasure chests, based on real-time data. Make sure to participate in our events to maximize your rewards from Holdstation.
🤔 Did you know?
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 19, 2024
🎁 Our Total Treasure Chest Rewards are now valued at $34,876, for 58,321 Chests Claimed!
This means that for every chest, the user receives an average of $0.6
Compared to $0.25 gas per transaction on #zkSync, it's about 2.5 times gas payback 🔥
Smash your… pic.twitter.com/PM7R0ut9Y1
Dive into future trading with the new token $MANTA, now available on Holdstation Defutures.
🌟 @MantaNetwork is officially LIVE on #Holdstation DeFutures with an incredible 150x leverage!
— Holdstation - Account Abstraction Wallet (∎, ∆) (@HoldstationW) January 19, 2024
Trade Futures in the #MANTAUSD pair for a chance to win a share of the 300 $USDC prize pool 🏆
🕒 Event Duration: January 18th - January 24th, 2 PM UTC
🎁 Top Trading Volume… pic.twitter.com/MepQnryXVp
Discover the intricacies of Holdstation Paymaster with our detailed gameplay analysis. Understanding this technology can significantly enhance your experience and benefits.
Link to the blog: https://blog.holdstation.com/accelerating-zksync-ecosystem-with-holdstation-paymaster/
Remember, Holdstation's Paymaster Grant is available for zkSync ecosystem projects seeking Paymaster integration. If you're looking to implement this technology and need funding support, connect us via email support@holdstation.com
Looking Forward
Holdstation continues to excel, delivering another week of outstanding performance marked by impressive statistics and thrilling developments. Keep an eye out for more updates and surprises from Holdstation as we forge ahead!