Native Yield
Review
Pros & Cons
Key Benefits
Offers unique native yield for ETH and stablecoins, rare in Layer 2 solutions.
High Yields
Provides up to 4% yield for ETH and 5% for stablecoins, higher than most Layer 2 networks.
Novel Design
First Layer 2 network with native staking, a new approach in Ethereum.
ETH Rebasing
Features an automatic rebasing mechanism that grows ETH amounts over time.
EVM Compatible
Maintains compatibility with Ethereum Virtual Machine for user familiarity.
Protocol Integration
Utilizes established protocols for ETH staking and stablecoin yields.
Red Flags
Withdrawal Limits
Withdrawals restricted until full network launch, posing liquidity risks.
Scheme Concerns
Points system likened to a pyramid scheme by some, due to staking and referral rewards.
Invite-Only Access
Limited accessibility and transparency due to invite-only nature.
External Dependence
Yield generation relies on external protocols, introducing associated risks.
Market Doubts
Faces skepticism about its business model's sustainability and legitimacy.
Points Ambiguity
Unclear long-term value and role of points, affecting trust.
Early Development Stage
May face unforeseen technical, regulatory, or market challenges.