AAVE价格

在接下来的12个月中，最重要的主题之一将是加密信用利差扩大与无风险利率下降之间的关系，详细讨论请参见下面的链接，时长45分钟。 在上一个周期中，DeFi生活在一个真空中，与传统固定收益市场没有真正的联系。现在，随着利率下降和加密本土利差扩大，美元将通过多种渠道轻松进入DeFi，其规模将远超2021年。 我预计将会看到几种基础资产的交易所交易产品（ETP）和专注于筹集增值债务融资以投入DeFi的数字资产交易（DAT），以便从利差中获利。这将是一个500亿到1000亿美元的传统金融（TradFi）到DeFi的套利交易。 一些代币在这个交易中机械性地杠杆化：$AAVE $PENDLE $SPK $SYRUP 是最明显的。

many of today's protocol tokens are designed primarily for growth speculation and governance. this leads to a token model that is vertically integrated and "app-bounded." for example, the value of tokens like UNI or AAVE is close tied to the success of their individual protocols, rather than the growth of the broader category they belong to. PROVE introduces a different paradigm: a "market-bounded" asset. instead of being tied to a single application, PROVE is positioned to capture economic value of the entire horizontal proofs market. this model is inherently agnostic to which L2, chain, dapp wins, as PROVE benefits from the ever-growing aggregate demand for proofs, whever it originates. this market-bounded model aligns directly with ethereum's long-term scaling roadmap. scaling the L1 without sacrificing decentralization requires a dramatic increase in zk proof generation. this creates a structural, non-speculative demand for a new commodity market: prover networks. PROVE is the native currency for this market, creating a self-reinforcing flywheel: as eth scales -> proof demand rises -> value accrues to PROVE -> which incentivizes a more robust and efficient prover network -> enabling larger computational workloads and further scaling. ultimately, PROVE is positioned not as a bet on a single application, but as a stake in the foundational infrastructure for the entire onchain economy. succinct is building the proving economy. PROVE is how you own it.