$ZYB Is a Screaming Value at $5 Million Market Cap

The Arbitrum airdrop finally came. While the first 24 hours were filled with excitement, the $ARB price has settled in the $1.15-$1.3 range with an approximate $1.5 billion market cap. I’m impressed with how resilient $ARB has been with all the bad news surrounding crypto over the past week. Unfortunately, almost everything else in the altcoin market hasn’t fared as well as the $ARB token.

This makes sense. For example, look at the Bitcoin dominance chart. When dominance goes up, altcoins tend to underperform. So hopefully, we will see a retracement bringing strength to altcoins.

On the subject of altcoins and Arbitrum, one project I am heavily invested in and bullish on is Zyberswap. Unfortunately, the $ZYB token has been on a rollercoaster and is taking a beating lately. However, I’m not overly worried, as many lower-capped projects have fallen during this market pullback.

Zyberswap recently celebrated its second month, and readers asked me, “Does it still make sense?” The TVL has dropped, the competition in the Arbitrum dex space has increased, and rewards aren’t as juicy as the first month. But, in crypto, jumping to the newest project and hoping to hit it big is easy…and tempting.

Nonetheless, we are still not in a bull market, and I want to be appropriately allocated to projects that will succeed over the long haul. And I have three reasons why I’m comfortable staking my $ZYB for 90 days and accumulating more with the generous 90-day staking rewards. Let me share my thesis on how Zyberswap is achieving significant milestones, has immediate catalysts to improve the utility of the $ZYB token, and what I look forward to in the coming months.

Zyberswap is racking up milestones like Beyonce collecting Grammys

In the middle of January, Zyberswap didn’t exist. Today, it has nearly 24,000 users and $1.6 billion in trade volume. The Zyberswap Twitter account has over 25,000 followers and over 11,000 $ZYB token holders. Meanwhile, the $ZYB circulating market cap is only $5 million.

Let’s put these metrics into perspective. Here’s a weekly graph showing Zyberswap volume consistently growing. I included competing Arbitrum-exclusive dex volumes beneath it. As a result, Zyberswap’s graphs look much healthier, and I included current valuations to illustrate how the Zyberswap platform performs much better.

So, how does Zyberswap manage to out-compete other Arbitrum dexes? It’s simple. They have the best swapping rates for the most popularly traded coins, BTC and ETH. More trading volume equals more fees; more fees attract liquidity and lower the $ZYB emission r $ZYB emission rate.

This team is smart. They are taking the Amazon strategy of delivering a better product cheaper. This chokes off competitors and solidifies Zyberswap as the real contender to Uniswap.

$ZYB token is gaining more utility

One thing that initially attracted me to $ZYB is that I could stake $ZYB and earn ETH. I appreciate novel approaches and outside-of-the-box thinking. Since then, the Zyberswap team has stepped up its game. A new 90-day staking vault option was recently added. I almost don’t want to bring this up because the rewards paid in $ZYB and $ARB tokens are so juicy.

At the time of writing, the 90-day vault pays a stellar combined 180% APR. I anticipate this APR will go down as its popularity and TVL increase. In the meantime, I will graciously collect my rewards for single-sided staking.

Additionally, Zyberswap added a stake $ZYB to earn $ARB vault, currently paying a 250% APR in $ARB tokens. This is a great option for anyone who didn’t get the $ARB airdrop or wants exposure to more $ARB tokens. The $ARB vault has a 14-day lock period. I opted for the 90-day vault. Let me share why.

Zyberswap will have its first IDO (initial dex offering) on its launchpad on April 4. The project launching is AutoDCA.io. $ZYB stakers in the 90-day vault get the maximum allocation for the first hour’s sales that is only open to $ZYB stakers. Here’s the breakdown:

I don’t have all the details about the launch, but here’s what we know. The sale will raise $935K, and the token will be $0.005. 30% of the total supply is allocated for the ILO or 150 million (out of 500 million) tokens. The ILO purchases are fully vested, while the team and treasury tokens must wait six months to receive them.

What is unique about the AutoDCA launch

If you’ve paid attention to some competing launchpad products, you’ll know they haven’t worked out too well for early adopters. Of course, this may change, so we can’t count them out yet. On the other hand, Zyberswap and AutoDCA.io are taking a more measured approach. Several aspects get me extremely excited about the AutoDCA.io launch:

• AutoDCA is audited and KYC’d by Solidproof.io

• It’s a capped raise for less than $1 million. So everyone gets the token at the same price, and it’s not done in an auction style. This is fair; no “bootstrapping” liquidity came before the IDO.

• AutoDCA.io is already an operating platform with customers and docs. Additionally, they have already partnered with other Arbitrum-based platforms.

• After the first hour sale to $ZYB stakers, it’s a first come, first served opportunity for anyone else to invest at the same price that $ZYB stakers pay.

• AutoDCA.io is simple to understand. The service has different strategies to help investors accumulate more crypto assets. I have used it to do my daily BTC buys. It adds convenience and saves on gas fees. I plan on doing a deeper dive article about AutoDCA.io, so stay tuned.

Zyberswap’s future

I asked the team, “besides the ILO, new vaults, and consistently rising volumes, what else should excite me and other investors about Zyberswap?” They answered that they were working on a simpler explanation for V3. Some investors are confused and overwhelmed with the difference between the gamma options and want to simplify that. This can raise TVL (total value locked) and help increase transaction volumes.

They also shared that the launchpad will soon be picking up massive amounts of momentum. After AutoDCA, Zyberswap has several more launchpad projects lined up (almost weekly). As a 90-day $ZYB vaulter, I'm hoping to get future benefits on launchpad projects.

With a laser-focused development team and creative strategies, I am confident that this community-driven project will continue its ascendance to the top of the Arbitrum food chain. Of course, as a $ZYB investor, my emotions are ebbing and flowing with the price action, but when I take a step back and consider what this entire community has done over the past two months, it makes me confident to be well-positioned in $ZYB.

Final Thoughts

Zyberswap has less than a $5 million market cap. I’ve seen new projects launching elsewhere on Arbitrum with no customers and no platform valued at over $5 million. Considering that Zyberswap is outperforming its Arbitrum-native competitors, increasing its token utility, and being led by a strategic and diligent team, I believe $ZYB is a screaming value at this market cap.

^{_{These materials should not be taken as investment advice. These are my opinions and investments I have made. They should only be used to provide you with ideas and projects to research. Digital assets, including crypto and NFTs, are high risk, and any investments could result in a total loss. So do your own research and perform due diligence before making any investments.}}