Defi_Army🪖

GM fam. One thing I find interesting about @FungoLabs and its upcoming $FUNGO launch is the allocation for Zama OG NFT holders. Every Zama OG NFT is expected to receive 140,112 FUNGO tokens. Now, when you look at that number, you might wonder what the allocation could actually be worth once the token launches and starts trading. Let's break it down using different FDV scenarios, based on the fixed total supply of 10 billion FUNGO tokens. If $FUNGO reaches a $10M FDV, one Zama OG NFT allocation could be worth around $140.11. At $50M FDV, that same allocation would be worth $700.56. At $100M FDV, we're looking at $1,401.12. If it reaches $200M FDV, the allocation could be worth $2,802.24. At $500M FDV, it could go as high as $7,005.60. And in a $1B FDV scenario, one allocation would be worth approximately $14,011.20. Another interesting part is that this calculation doesn't include the 3% of the total FUNGO supply allocated to the X Campaign. Of course, these figures are just possible valuation scenarios, not guaranteed profits. The actual value will depend on the market price when $FUNGO launches and how the market responds. Personally, I think it will be interesting to see how Fungo Labs performs, especially with its focus on encrypted NFTs powered by Zama's FHE technology. What do you think? How far can $FUNGO go after launch? Are we looking at $100M, $500M or even $1B FDV?

One thing I find interesting about @StabilizerFi is how it approaches the backing of its stablecoin, USDZ. USDZ is designed to be fully backed by stablecoins, meaning every token in circulation must have an equivalent amount of collateral held in the protocol's reserves. At launch, the backing comes from five supported stablecoins: • USDT • USDC • USDS • USDG • PYUSD But what makes this model interesting is how Stabilizer handles its reserves. Instead of using the assets sitting in its trading pools as collateral, Stabilizer keeps the backing reserves separate through dedicated adapter contracts. Why is this important? Well, the trading pools and collateral reserves have different responsibilities. The AMM pools are where users carry out their swaps, while the adapters hold and manage the assets that actually back USDZ. This means that when someone swaps stablecoins on Stabilizer, it doesn't automatically affect the reserves backing USDZ. Those reserves only change when users mint or redeem USDZ. Another thing worth looking at is the 1:1 collateral model. USDZ is minted against an equal amount of collateral. There are no borrowing positions, no liquidation process and no need for users to provide extra collateral above the amount being minted. In simple terms, the protocol cannot mint more USDZ than its available backing reserves support. I like that Stabilizer keeps things straightforward here. It separates the assets used for trading from the assets responsible for maintaining the backing of its stablecoin. Because at the end of the day, having a stablecoin that targets $1 is one thing, but having a clear system for managing its reserves and supporting redemption is just as important. That's an important part of what makes USDZ worth understanding.

Privacy, NFTs and a community-driven token distribution. That's what caught my attention about @FungoLabs. Built around Zama's FHE technology, Fungo is exploring how encrypted NFTs can work on Ethereum while giving its community different ways to participate in the ecosystem. Here's what you should know about its Genesis launch and $FUNGO distribution. The Genesis collection will consist of 3,232 NFTs. 2,500 will be available through a public sale using confidential $cZAMA, 500 are reserved for whitelist participants as free mints, and the remaining 232 are allocated to the team. What's interesting is that the $cZAMA revenue from the NFT sale will help establish the initial floor price and FDV of $FUNGO. On the token side, $FUNGO has a maximum supply of 10 billion tokens. The announced allocations include: • 36% (3.6B) for Genesis NFT holders. • 7% (700M) for ZAMA OG NFT holders. • 3% (300M) for the X creator campaign. For the NFT holders, the stated allocations are 1,113,861 $FUNGO for each eligible Genesis holder and 140,112 $FUNGO for each eligible ZAMA OG holder. Creators also have a chance to get involved through the 300M $FUNGO campaign allocation. Want to participate? Head over to https: fungolabs.org/launchpad/c/cf… Connect your X account and submit up to five posts. What makes Fungo interesting to watch is its focus on bringing privacy into NFT ownership rather than making every trait, stat and rarity publicly visible. The combination of Zama's FHE technology and encrypted NFTs is definitely worth paying attention to. Keep an eye on @FungoLabs.

There are two different risks here: 1. Custody risk: If you keep your stablecoins on an exchange, you're trusting that exchange to protect your funds and allow you to withdraw them. 2. Issuer risk: Even if you hold USDT or USDC in your personal wallet, the issuer still has certain powers, including the ability to freeze addresses. So, self-custody gives you more control, but it doesn't remove every risk. That's the important message behind this discussion. I also think this is where @reinforce_fi becomes relevant. Because it is building around USDT savings through USDRL, with a self-custody approach. The idea is to let users put their USDT to work without simply handing control of their funds to a centralized exchange.

I think i deserve to spoil myself small.

What if your NFT could keep a secret? One of the biggest limitations of NFTs is that almost everything about them is public. Their traits, stats, rarity and other attributes can be viewed or scraped by anyone, sometimes even before a collection is fully revealed. @FungoLabs is taking a different approach. By using Zama's FHEVM technology on Ethereum, Fungo is building encrypted NFTs that allow information to remain private while still existing on-chain. Here's what makes it interesting: 1. Encrypted from the start NFT traits and stats are encrypted on-chain, not stored secretly on some private server. Smart contracts can even process encrypted information without actually seeing what's inside. 2. Fair and random minting Nobody gets to choose what you receive at mint, not even the Fungo team. Each NFT gets two randomly generated 64-bit values: a look and an essence, using Zama's on-chain FHE randomness. 3. You control what gets revealed Every NFT starts sealed. You can privately view what's inside and decide whether to reveal your artwork and traits publicly. That decision belongs to the holder. 4. Hidden stats that still work This is where things get even more interesting. FHE allows smart contracts to compare encrypted information and settle things like game duels without either player revealing their stats. Think about that for a moment. You can own an NFT, keep its traits private, and still use those hidden traits in on-chain games. Fungo isn't just making NFTs look different. It's exploring what NFT ownership could look like when privacy is part of the experience. Your NFT. Your secrets. Your choice. That's what makes $Fungo worth paying attention to.

So, Alot of people have been asking if @StabilizerFi are going to have their governance tokens, the answer is yes! STB is the governance and coordination token of the @StabilizerFi protocol. In simple terms, it's a token designed to give holders a voice in how Stabilizer operates, makes decisions, and develops over time. Rather than being just another token in the ecosystem, STB is intended to connect ownership with participation. Here's what STB holders can participate in: • Protocol fees: Take part in decisions about fee parameters. • Pool onboarding: Participate in decisions about which pools should be added. • Reserve management: Have a say in how protocol reserves are managed. • Emergency guardianship: Participate in important security and emergency-related governance decisions. There's also a proposed option to lock STB for boosted voting power and protocol-level incentives through a ve-model, depending on governance decisions after launch. The bigger idea behind STB is to encourage decentralized ownership, active participation, and long-term alignment among Stabilizer stakeholders. It's not just about holding a token. It's about having a voice in the direction of the protocol.

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