Holdstation Weekly Recap: Week 3, Jan 2024

Holdstation Weekly Recap: Week 3, Jan 2024

Date: 16th Jan 2024 -  23rd Jan 2024


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.

Source: L2Beats

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.

Source: Growthepie

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.

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.

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.

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.

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 πŸŽ‰

To conclude 2023, we're launching an exclusive Holdstation NFT on Galxe.

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.

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.

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.

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.

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.

Dive into future trading with the new token $MANTA, now available on Holdstation Defutures.

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/

Accelerating the Growth of zkSync 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!