Top Token Unlocks to Watch This Week: Myria, Stella, Jito

News, Trending

  • Myria leverages StarkWare’s ZK-Rollup for scalable Ethereum Layer 2, achieving up to 9,000 TPS with no gas fees, boosting NFT and gaming sectors.
  • Stella introduces 0% borrowing costs with PAYE and leveraged strategies, fostering DeFi liquidity and enhancing lender-borrower participation.
  • Jito maximizes Solana staking rewards with MEV opportunities, using an open-source validator for transparency and community-driven governance.

This week, the crypto space is buzzing with groundbreaking unlocks Myria, Stella, and Jito are leading the charge, transforming blockchain scalability, DeFi, and staking rewards

Myria(MYRIA): Transforming Blockchain Scalability

Current price:$0.002146

Market cap: $57.8M

Myria is set to disrupt the blockchain space through Ethereum Layer 2 scaling solution, customized for NFTs, gaming, and others. Myria has been developed through StarkWare’s Zero-Knowledge Rollup (ZK-Rollup) scalability solution and can support up to 9,000 TPS while maintaining strong security and no gas fees. Using APIs, SDKs and a Domain Specific Language (DSL), the platform focuses on making tokenization as easy as possible and integrating smart contracts.  Myria also features tools like a Layer 2 wallet and NFT marketplace, fostering the development of blockchain-powered applications. Its MYRIA token, an ERC-20 asset, supports platform transactions and incentivizes ecosystem growth.

Stella(ALPHA): Redefining DeFi Leveraged Strategies

Current price:$0.08407

Market cap:$76.25M

Stella aims to reshape decentralized finance (DeFi) with its innovative leveraged strategies protocol. Offering 0% borrowing costs through its Pay-As-You-Earn (PAYE) model, Stella enables users to increase yields from trading fees, token rewards, and price exposure. In addition, the protocol consists of two components: Stella Strategy, which facilitates leveraged positions, and Stella Lend, where users earn real yields by lending assets to liquidity pools. The model ensures borrowers pay fees only on profitable positions, benefiting lenders and borrowers. However, Stella’s ecosystem fosters growth in DeFi by driving liquidity and incentivizing participation.

Jito(JTO): Enhancing Staking with MEV Rewards

Current price:$3.14

Market cap: $870.14M

Jito operates within the Solana ecosystem, offering liquid staking through its JitoSOL pool and introducing Maximum Extractable Value (MEV) rewards. By auctioning blockchain transactions block by block, Jito ensures a fair distribution of MEV profits. Its open-source validator client enhances transparency and competition in MEV extraction. Jito also features the JTO governance token, enabling community-driven decisions on fees, treasury management, and platform development. Moreover, combining liquidity, staking rewards, and MEV opportunities, Jito strengthens user engagement and innovation in the Solana network.

The post Top Token Unlocks to Watch This Week: Myria, Stella, Jito appeared first on Crypto News Land.

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