From the data growth trend, the impact of xPoints on Byreal xStocks, is Microstrategy surprisingly the most popular?

On 3/18, after the RWA project xStocks went live with xPoints, it quickly attracted a new wave of liquidity for xStocks on the Solana chain.

The author compiled data from DeFiLlama from before the launch of xPoints (3/17) to the time of writing (3/23), and unexpectedly discovered:

1. Microstrategy and Circle ranked first and third in growth.

This may indicate that crypto users still prefer investment targets in familiar areas (cryptocurrency concept stocks), or that their research on mainstream stocks is not deep enough.

2. The major indices SPYx and QQQx ranked fourth and fifth in growth.

These are viewed as relatively stable indices and remain one of the preferred targets for most LPs (referring to the recommended participation method for xStocks LP). The characteristic of being easier to judge trends and having better liquidity compared to individual stocks may be key.

Overall, I am more surprised that the platform incentives provided by Byreal do not seem to particularly attract most funds to enter the market?

This issue's incentive focuses on TSLAx (200U/d), NVDAx (150U/d), SPYx (50U/d), QQQx (50U/d), with the rest being 20U/d.

It may also be affected by the higher TVL of these four xStocks LPs, resulting in a growth percentage that is not absolutely outstanding. However, I think it is still worth observing whether the funds will pursue the guaranteed returns of the incentives to provide liquidity.

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※xStocks xPoints 20% bonus is placed in the comment area, welcome to use.

※The above content does not constitute investment advice (NFA). Users are advised to operate according to their own risk tolerance, and DYOR cautiously participate in the investment market.

#xStocks #solana #RWA #Airdrops $SOL

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