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VIPBitget VIP Weekly Research InsightsLiquid staking emerged after Ethereum transitioned from a proof-of-work to a proof-of-stake mechanism. Its primary goal is to enhance asset utility by allowing users to earn staking rewards while maintaining the liquidity of their staked positions. Currently, mainstream liquid staking protocols allow users to stake their assets in exchange for liquid staking tokens (LSTs). For instance, by staking ETH on platforms such as Lido, users receive stETH tokens. This approach is commonly referred to as "liquid staking derivatives" (LSDs). Since Binance hinted at collaborating with Sanctum to launch the Solana liquid staking token BNSOL, Sanctum's governance token CLOUD has gained significant attention, rising despite unfavorable market trends. On September 5, Bybit announced its partnership with Solayer to launch bbSOL. Additionally, major exchanges have unveiled plans to introduce Solana LST tokens. EigenLayer also began its second season of airdrop claims this week, with its governance token EIGEN potentially circulating by the end of September. The LSD and restaking sectors are gaining quiet momentum, potentially setting the stage for a new wave of hype around restaking within the SOL ecosystem.
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VIPBitget VIP Weekly Research InsightsUS initial claims for unemployment insurance and the unemployment rate are being released this week, key factors influencing the Federal Reserve's decision on interest rate cuts in September. The market has been sluggish recently, with noticeable risk-averse sentiment. Bearish sentiment among community users and the arrest of Telecom's CEO, a black swan event, have further dampened the mood, resulting in average performance for blue-chip coins and altcoins. The market tends to fluctuate significantly when macroeconomic data is about to be released. It is reasonable to reduce leverage, maintain reasonable position sizes, and preserve funds to buy the dip. We will introduce upcoming token launches on Bitget, on-chain earning opportunities with USDT/USDC and SOL, and speculative targets in the Solana Liquid Staking (LSD) sector.
- 15:50MicroStrategy Co-Founder: Will implement new purchase plan if neededOn December 18, MicroStrategy co-founder Michael Saylor stated: If necessary, a new purchase plan will be implemented. He declined to comment on whether he met with the elected President Trump of the United States. If invited, he would consider serving as a member of the advisory committee.
- 15:35Polygon's "1.3 billion dollar stablecoin revenue" proposal is rejected by the communityOn December 18, according to related pages, Polygon community members rejected a preliminary proposal (or pre-PIP) that suggested deploying over $1 billion in stablecoin reserves to generate revenue. The proposal was put forward by Web3 risk provider Allez Labs in collaboration with DeFi protocols Morpho and Yearn, aiming to utilize approximately $1.3 billion DAI, USDC and USDT reserves in the PoS Chain bridge for profit. Polygon stated that community members expressed concerns about security issues and the lack of choice for affected users to join, casting doubt on the feasibility of the proposal. Given the reservations within the community, it seems unlikely that this proposal will pass but this does not prevent Polygon from exploring innovative or even bold ideas in future.
- 15:33Lens Protocol announces the completion of a $31 million strategic financing roundOn December 18, Lens Protocol announced on platform X that it has completed a strategic financing round of $31 million, led by Faction VC. The participating institutions include DFG, Avail, Alchemy Platform, Circle, Consensys, Fabric Ventures, Foresight Ventures, Superscrypt, Re7 Capital,Wintermute Ventures , Caliber Ventures , G-20 , Blockchain Coinvestors , Borderless Capital and Bodhi Ventures. This round of financing will mainly be used to accelerate the development and expansion of Lens's ecosystem.
