[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![stinggold_eth Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1513741216352927761.png) StingGold.sol.eth [@stinggold_eth](/creator/twitter/stinggold_eth) on x 1603 followers
Created: 2025-07-25 07:11:34 UTC

Why did @ZhenglongFi choose only wstETH & fxSAVE as initial collateral?
Here’s a breakdown of that decision 👇
–––––––––––––––––––––––––––––––––––––––––––––––––
• wstETH = DeFi-native, battle-tested LST
 – >9M ETH staked (~$35B market cap)
 – Non-rebasing ERC-20 → easy integration
 – Top collateral across Aave, Maker, Curve

• Post-Shanghai: full redemption support
 – <0.3% peg deviation
 – Near-zero withdrawal queue
 – LlamaRisk market risk rating: Low

• Recent upgrades (2024–2025):
 – SimpleDVT → more validator decentralization
 – Dual governance → stakers can veto DAO votes
 → Directly addresses centralization risks

• fxSAVE = stable, real-world yield (~10% APR)
 – USD-denominated, off-chain yield-backed
 – Non-volatile, predictable income stream
 – Suitable for stable synthetic issuance (zheUSD)

• Why only X assets?
 → To focus all system incentives + risk management
 → Avoid dilution of Stability Pools
 → Maximize yield funnel efficiency

• In Zhenglong, both assets are fully productive
 → Yield + fees flow to zheTOKEN Stability Pools
 → Depositors get concentrated, real APR (est.>15%)
 → No idle capital, no AMM leakage

• This is not “yield chasing”
 → This is structured yield consolidation
 → Powered by LST & stable real-yield collateral
–––––––––––––––––––––––––––––––––––––––––––––––––
♨️ Real $STEAM
🚂 Zhenglong is ready.

![](https://pbs.twimg.com/media/Gwr3yEBbgAQPkiA.png)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1948642263338549762/c:line.svg)

**Related Topics**
[market cap](/topic/market-cap)
[$35b](/topic/$35b)
[lst](/topic/lst)
[fxsave](/topic/fxsave)
[ethereum](/topic/ethereum)
[coins layer 1](/topic/coins-layer-1)
[$wsteth](/topic/$wsteth)
[coins liquid staking tokens](/topic/coins-liquid-staking-tokens)

[Post Link](https://x.com/stinggold_eth/status/1948642263338549762)