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Ramblings
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Gecko Ramblings 1-10-2022

by Wendy M.

Disclaimer: The information presented is not financial advice from CoinGecko. The information shown here may carry risks of smart contract failure and impermanent loss. Always DYOR and only invest what you are willing to lose. Share your feedback on our Gecko Ramblings series!

 

What our analysts are rambling about 🔍


Insrt Finance Mint

Insrt Finance, a yield-aggregating protocol catered specifically to NFT finance, will be launching its first NFT mint for whitelisted users today.

For the uninitiated, the platform allows you to deposit your tokens and NFTs into different vaults that execute various yield-generating strategies. 

By holding the NFTs, users will receive increased rewards from the protocol, reduced fees and early access to their latest products.

 

Multichain Magpie

Ever ape around on different chains but felt tired of cumbersome bridges? Those itching for a better multichain experience can check out Magpie Protocol, which is launching their limited public alpha soon - to be one of the first few to test the protocol, sign up for their waitlist here.

Otherwise, you can keep posted on their latest developments through their Twitter.

 

Worried about Ethereum centralization?

An Ethereum bull who wants to earn yield on liquid-staked ETH, but also cares about network decentralization? You may want to check out Gravity Protocol, an up-and-coming ETH-centric borrowing protocol aiming to reduce concentration among ETH liquid-staked-derivatives by offering equal access to leverage and liquidity across different staked-ETH derivatives. 

The protocol isn't live yet, but you can follow their Twitter profile here.

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Wendy M.
Wendy M.
Wendy is a research intern at CoinGecko. Follow the author on Twitter @alfalfawm

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