/biz/ - Business & Finance

Three projects to watch on the back of the Arbitrum news:

Large Cap:
>Chainlink
Self explanatory. If you need any more info at this stage then fuck off
Mid Cap:
>Bancor
Enjoying a meteoric rise and "Return of the King" moment as the AMM pioneer rockets up the leaderboard with a successful liquidity mining program that has pushed it from $15m to $250m TVL in a couple of months. Building on Arbitrum so get ready for high gas fees, one of their biggest issues, to disappear.
Low Cap:
>MCDex
One of the Arbitrum pioneers. Trustless, non-custodial perpetual swaps contracts. What does that mean? BitMex but with no "down for maintenance". BitMex but with no frontrunning by the site. Users can create perpetual swaps (margin pairs) between any two ETH tokens and trade them against an AMM. Ed Felten likes them, need I say more? Literal "hidden gem" at rank #450.