Entangle bull case: oracle chain, liquid vaults and valuation comps
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Summarizes Entangle as an oracle-centric chain with universal data feeds, Photon messaging and liquid vaults, noting a Consensys strategic investment and comparing a $44M mcap with Wormhole, Axelar, Pyth and Chainlink valuations.
Key claims
Entangle at $44M mcap and $2B FDV
Wormhole at $16B pre-market FDV
Pyth at $1.2B mcap and $8.6B FDV
In a bull market, dips are an opportunity
There are high-potential gems sitting at low mcaps & the super-cycle is just getting started
Summary-🧵 of the bull case on @Entanglefi, which recently got a strategic investment from industry giant @Consensys
x.com/Entanglefi/status/1769725452279824598
1/ What is @EntangleFi?
Entangle is an oracle-centric blockchain.
It is designed exclusively for storing information and validating oracle messages within the Entangle Distributed Oracle Solution.
2/ Entangle's highly specialized, oracle-centric system provides the necessary infrastructure for:
✦ General Messaging between Blockchains
✦ Smart Contract Automation
✦ Price-Feeds
✦ Universal Data Feeds
3/ @Entanglefi's oracle solution is highly customzable.
It allows for custom security / signature thresholds and can serve both on-chain and off-chain data, making it one of the most versatile solutions in the market.
It can serve any kind of data (incl. price feeds).
4/ Utilizing Liquid Staking Derivatives (LSDs), Liquid Vaults facilitate secure, versatile & composable cross-chain liquidity at scale.
@Entanglefi let's you stake LP positions. In turn you receive a composable LSD token that you can use within the NGL cross-chain DeFi ecosystem
5/ Thereby, @Entanglefi does not only achieve capital efficiency for users, but also incentivizes sustained/sticky liquidity for protocols
Why?
Providing liquidity is more attractive (more yield), LPs stay liquid & the liquid vaults act as another layer of liquidity retention
6/ Entangle also integrates an EVM Module into its blockchain, ensuring a developer friendly environment.
This allows devs to build contracts in Solidity, enabling powerful cross-chain apps powered by Entangle's oracle & interoperablity infrastructure.
7/ Interoperability?
Yes, @Entanglefi's architecture also powers the Photon messaging layer for generic message passing between different blockchain networks.
This enables powerful interoperability and composability
8/ Pretty cool, right?
So lets compare this to the competitors in terms of valuation:
✦ Entangle ($44M mcap / $2B FDV)
✦ Wormhole ($16B FDV pre-market)
✦ Axelar ($960M mcap / $1.8B FDV)
✦ Pyth ($1.2B mcap / $8.6B FDV)
✦ Chainlink ($9.7B mcap / 16.4B FDV)
9/ Do you understand why @Consensys made this strategic investment?
DYOR and don't fade this one anon.
The @EntangleFi ecosystem is just getting started.
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