​So, since the last newsletter, there has been some "Developments" to say the least.

​​Over the past two weeks, global markets have experienced significant volatility, primarily driven by escalating trade tensions between the U.S. and China. Trump's announcement of sweeping tariffs led to sharp declines across all risk assets, with the S&P 500 dropping over 10% in just two days.

​While we are all tired of hearing about tariffs and politics, the impact it has on the market cannot be ignored. Today, we will be touching on what the tariffs led to, what are their implications with the crypto market, and what we can expect in the future.

​After that, we will discuss restaking platforms on Ethereum and Solana. This has been a rapidly growing sector in the DeFi landscape, and we will break down how you can include them in your portfolio, and yield some juicy airdrops.

​Finally, we will explore opportunities to earn over 10% APY on your stables through a lending protocol which raised $38 Million. This one just ended their beta testing and is live for the public, you don't want to miss it.

​If you have any exposure to any kind of risk assets, it's safe to say that the pace markets have been moving at lately has been hectic. Insane volatility, breaking news headlines, and fake rumors swinging trillions of dollars.

​And it all started when the orange man walked out on stage with a god damn list of nonsensical tariffs which he was ready to put in place immediately.

​ Why is it so bad? Let's explain.

​At it's core, tariffs are taxes imposed by a government on imported goods and services. When a country applies tariffs, the goal is often to protect domestic industries from foreign competition by making imported products more expensive.

​In theory, this is good to protect one's economy, and boost local production. But in a world where global trade has been the norm for a hundred years, sudden trade barriers can have devastating effects.

• ​First, they raise prices for consumers. When imported goods become more expensive due to tariffs, companies often pass these costs on to the consumer.

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• ​Second, tariffs can hurt domestic businesses that rely on imported materials or parts. For example, U.S. manufacturers who need steel or electronic components from abroad may face higher production costs.

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• ​And third, tariffs can trigger retaliation from other countries. If one country imposes tariffs, the affected trade partner may respond with their own tariffs, resulting in a tariff war.

​So to summarize, tariff simply make the global economy less efficient, by artificially inflating prices and making everything more expensive.

​So what does this all mean for crypto?

​While not directly correlated to those tariffs, crypto remain a high risk asset that has shown correlation to global equity markets as of late. While Alts have been getting slaughtered, it's impressive to see the resilience on Bitcoin, and how well it has been holding while everything was in free fall.

​This is a good time to load up on some coins you may have high conviction in, or maybe buy some sweet S&P 500. The trade is obvious; everything will be higher in a couple of months, and for the most part, the potential upside outweighs the downside. Buying quality assets here is EV+.

​Moving forward, China is the only country that matters to the US economically which hasn't bent the knee yet, although this shouldn't last too long. China's economy has been bleeding since Covid, and they don't really have bargaining chips.

​Until these cuties reconcile each other, we can just sit tight and accumulate coins. At the time of writing, Trump has announced a 90 day pause on all tariffs as they negotiate a new deal, which has brought some relief to the markets.

​All eyes are on the tariffs right now, stay tuned to LebThree's group chats to receive updates as they come. Don't panic, and touch grass.

​So you've heard about staking, but what does REstaking do? Restaking is a new concept that builds on traditional stake systems, allowing stakers to reuse their already-staked tokens to earn additional rewards or provide extra services.

​Traditionally, you lock up your tokens to support network operations like block validation and in return, you earn rewards. Restaking takes this a step further by using those staked assets again. Use cases can include securing another protocol, participating in governance, or providing liquidity to other networks. This creates additional layers of utility and yield opportunities from the same base capital.

​In this example, we used $ETH's EigenLayer, which is the leading restaking platform on Ethereum. This protocol airdropped it's users $1 Billion worth of tokens during it's TGE in 2024, and now similar platforms are being built on Solana.

​20% of $ETH's TVL sits in restaking assets. Meanwhile, $SOL's restaking market takes up only about 3% of TVL. Since January, this sector is up 300% in TVL calculated in USD, even though $SOL's price is down 70% from the highs. There is a lot of room for growth.

​Fees have also drastically increased on Solana as you can see below, meaning staker rewards keep growing. A field that was previously dominated by Ethereum is now growing exponentially on Solana, and we are early.

​On Solana, there are 2 platforms you need to focus on: Fragmetric, and Kyros. Both of them are built on top of Jito's MEV reward system on what is called a "Tip Router", meaning you don't miss out on Jto rewards, but those 2 platforms have different approaches to restaking, so here's a breakdown:

​Fragmetric approaches restaking from a network-security and AI-oriented angle. Over the past 2 months, they have raised a total of $12 Million dollars to support scaling and development.

​Frag uses restaked assets to provide trust guarantees for off-chain computations, such as machine learning models or verifiable data pipelines. Participants in Fragmetric contribute restaked SOL to back computational integrity, while earning yield and potentially playing a role in decentralized validation.

​Fragmetric's native token is fragSOL, which can be wrapped and used further in DeFi to earn additional APY and rewards. They also currently have a point system, which will turn into airdrop allocations down the line.

​You can get started here and start stacking rewards and points.

​ProTip: Use BackPack wallet for a 30% point boost, & use code "DOF1VZ" for an additional 10%.

​Kyros is an example of a restaking protocol focused on providing decentralized infrastructure services. They haven't publicly disclosed funding rounds.

​Kyros allows users to restake their SOL or liquid staking tokens to secure modular services like oracles, rollups, or app-specific middleware. By restaking through Kyros, users help secure these services and receive additional rewards in return, beyond the base staking yield of Solana.

​Kyros's native token is kySOL, and can be natively used across the ecosystem for swaps and DeFi. They also have a point system and side quests which we can expect to translate into an airdrop later on.

​You can get started here and start stacking rewards and points.

​ProTip: Lend your kySOL on Kamino or RateX to earn extra APY and up to 4x point boost.

​Huma Finance is a decentralized finance (DeFi) protocol focused on real-world income-backed lending. Unlike most DeFi platforms that rely on crypto assets as collateral, Huma allows people to borrow and lend money based on predictable real-world income, such as salaries, invoices, or subscriptions.

​This product is the first of it's kind, and has investors foaming at the mouth with Huma concluding one of the biggest funding rounds in the crypto world. This new system makes it easier for people to access DeFi credit.

​Huma works by partnering with data providers and income sources to verify a user’s income and creditworthiness in a decentralized way. Once verified, the borrower can access funds from lenders on the platform. Lenders benefit by earning yield on their assets, while borrowers get capital they can use immediately.

​The loan market is massive, and dominated by banks for the most part. Huma Finance aims to bring this multi-trillion dollar market on-chain and processed $3.8B on-chain transactions in 2025 alone, with an annualized revenue of $7.75M.

​And now, Huma 2.0 is live.

​As a lender, you deposit stable into Huma’s lending pools. These pools are used to fund loans for verified borrowers. In return, you earn interest. The exact APY can vary depending on market conditions, the type of borrowers, and how much demand there is for capital at the time.

​It's very simple as Huma uses smart contracts to manage the lending process automatically. Once you lend your funds, the protocol takes care of distributing loans, collecting repayments, and paying out your yield. Just choose which mode fits your needs best.

​Classic mode just earns you APY as we discussed, while maxi mode forfeits your interest earnings, in exchange of up to 25x boost on "Huma Feather", which are Huma's points for their future airdrop.

​By providing liquidity you will get liquid LP token $PST, which can be used in DeFi and is exchangeable on Jupiter. As a Bonus, $PST can also be used on Kamino and RateX.

​Overall, Huma is the perfect place to earn stable yields on your stablecoins while stacking points for a future airdrop. Those $38m raised indicate high demand from investors, so their future token should reflect this in it's valuation.

[All topics are meant to be educational only. None of it is financial advice, please do your own research.]