📜This is such an excellent alpha post from @BernieFrogger on $XEON. This team is coooooookin, I tell you. 💹Check out his post and my thread below; you'll see what I mean. The Price action and TA look good. The initial retrace to the prior ATH and support for the next leg up have been found IMO. xitter.cf/BlocksNThoughts/status… @XeonProtocol

💻 Xeon Protocol 💻 $XEON 📑I went through the docs for @XeonProtocol and think it could be yet another potential microcap gem. It's a DeFi project that unlocks liquidity and develops risk management tools. The protocol accepts any ERC_20 token and will be available through multiple interfaces: web, social apps, and dedicated apps. They also have plans to integrate AI to augment the Defi experience. $XEON has some exceptional innovations that appeal to degens and investors alike in that they can be incorporated into everyone's edge and craft. Defi Tool Suite 1. Lending | Liquidity unlocking - The @XeonProtocol lending protocol accepts any ERC-20 token as collateral in which the borrower may tailor loan terms to suit individual requirements. The loan has clear terms, and the collateral is held in a vault. The validators/miners enforce agreements between parties. 2. Options Trading | Hedging & Speculation - A CALL option gives the taker or buyer of the option the right to buy a specific amount of an underlying asset at a predetermined price within a specified period and allows the taker to benefit from potential token price increases if the market price of the token is above the strike price on expiry - A PUT Option allows the taker or buyer to sell a specific amount of underlying assets at a predetermined price (strike price) within a specified period. It hedges against potential price declines. 3. Equity Swaps | Risk Management & Speculation - An Equity Swap allows parties to swap limited corresponding/equal value losses or gains for a period of time. So, a user can exchange a bag with another party for a period in which the gains and losses belong to the buyer upon expiry. System design of Xeon - Xeon's core engineering is written in Solidity, which runs on the blockchain as the database and processor of all transactions. Investors always use the Dapp website's front end to interact with the protocol. This interaction is incredibly seamless, as the test network has shown thus far. Team - The team on this is one of seasoned and experienced builders. They are KYCd and launched with @PROOFplatform, a trusted advocate for consumer safety in the space. They are also using token lockers and multi-sigs for transparency and professionalism. Rewards - The project also has staking, farming pools, and yield farming for holders. I think that relevant defi products that can build out a real product will attract many holders with rewards as we move more into a regulatory environment next year. TA - $XEON is doing very well PA wise. It ran to two million organically and is now seeing healthy retrace down to 0.618 and Range POC at 1.4 million. My only concern here is volume, but to be clear, that's my current concern on all great use-case projects. Conclusion 📖 ✍️This highly complex DeFi project is being developed by some of the best developers that holders could hope for. Not only can they develop great products, but they also have the investor's safety and best interest in mind long term. I think their novel approach to unlocking liquidity is ahead of the curve and will gain significant attention over the rest of 2024. References docs.xeon-protocol.io/docume… xitter.cf/XeonProtocol medium.com/@xeonprotocol