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LEC Power Rankings: 2021 Summer Split Preseason

A shift in the balance of power has swept across the LEC.

The post LEC Power Rankings: 2021 Summer Split Preseason appeared first on Dot Esports.

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After a brief offseason between the Spring and Summer Splits, the LEC is ready to return to action. Since we last saw play on the European stage, the landscape of the league has changed quite a bit. Several teams made massive roster moves, while others swapped players around between positions, creating a massive amount of intrigue leading up to the Summer Split. 

Back in the spring, history was made in the league as MAD Lions became the first team in six years not named Fnatic or G2 Esports to win an LEC title. Now, the “new kings” of Europe will head back to the Rift to defend their title, while the rest of the league attempts to usurp them. 

With all that and more in mind, we asked our League of Legends writers how the 10 LEC teams stack up heading into the second half of the season. Here are our LEC power rankings ahead of the 2021 Summer Split. 

Rank Team Points
1) MAD Lions 39
2) G2 Esports 38
3) Rogue 32
4) Team Vitality 26
5) Fnatic 23
6) SK Gaming 20
7) Misfits 19
8) Schalke 04 13
9) Excel Esports 8
10) Astralis 4

Expect more of the same: Excel Esports, Astralis

Photo via Riot Games

The more things change, the more they stay the same. Unfortunately, that has been the case for Excel Esports, as they yet again left fans uninspired after making changes to their roster. After the Czekolad experiment failed, the Year of the Duck has made its way to the UK with the signing of journeyman mid laner nukeduck. While swapping a highly-touted, young player for a safe option might be a stain on the EU-spearheaded ‘play the kids’ movement, Nukeduck provides XL with a high floor in the mid lane and a more diverse champion pool. The skill is there, but the results have not come for Nukeduck.

He’s not on roster after roster by accident, but after his Spring 2019 finals run with Origen, every org he has signed with has looked less and less capable of delivering him the accolades he likely deserves. The other, more exciting move for XL came in the bottom lane when Tore was swapped for Misfits support denyk, but not because of denyk. Patrik was the one player on XL’s roster who drew near-universal plaudits, and denyk should enable him better than Tore did.

For Astralis, they went from the bottom of the barrel to… well… the same place. Zanzarah had his moments, and so did MagiFelix, but those are the two stars their fans will likely have to look to for guidance through what is likely to be another long split.

Maybe they can surprise us: Misfits, Schalke 04

Photo via Riot Games

The top-heaviness of the LEC leaves teams like Misfits and Schalke 04 looking up at the rest of the rankings before the Summer Split even kicks off. The practical stone ceiling that is the top three is going to be tough to crack for any team, but in the case of these two squads, breaking into the top six is going to feel like a chore throughout the entirety of the split. 

If any of these two teams are going to sneak into the back end of the playoffs, it’ll be Misfits, who in the Spring Split came just one game away from potentially grabbing the sixth seed in the playoff bracket. With uncertainty surrounding the newly-formed rosters of Fnatic and SK Gaming, Misfits could potentially find those teams in a moment of weakness and capitalize on a win or two. And, oh hey, Misfits plays Fnatic and SK Gaming on the first and second days of the split, respectively. If Misfits is going to make the most of their competitors’ “uncertainty”, they might as well do it early—before their closest rivals in the rankings manage to gain momentum. 

Rediscovering themselves: Team Vitality, Fnatic, SK Gaming

Photo via Riot Games

With these three teams, there’s plenty of room for things to go right, but also a ton of room for things to go absolutely wrong this Summer Split. Each roster has talented pieces that have shown the ability to flourish under the bright lights of a big stage, although circumstances could prove things a bit more difficult than before.

For example, Fnatic is going to be adjusting to a new top laner with Adam, while also having Bwipo adapt to his new role in the jungle. Vitality has a ton of explosive potential with their revamped roster that could struggle as their new players create and learn what playstyle fits them the best. And SK Gaming will be shifting its playstyle with the introduction of Treatz into the jungle position, and former head coach Jesiz moving into support.

Growing pains are expected, but it’ll come down to which lineup is flexible enough—and more importantly, resilient enough—to emerge from the other side of the fire, honed and ready for a greater challenge as the summer heat rises.

The LEC’s big three: MAD Lions, G2 Esports, Rogue

Photo via Riot Games

The upper echelons of the LEC are loaded full to the brim with talent this Summer Split. Coming into the split fresh off a strong showing at MSI 2021. Despite being eliminated in semifinals, the roster managed to take reigning world champions Damwon Kia to a five-game series. Although MSI got off to a pretty slow start for the lions, they showed a willingness to learn from their own weaknesses in a short space of time, and were able to sure up their gameplay in time for their most successful international run ever. 

Rogue enter LEC Summer with a colossal chip in their shoulder. Only one game stood between them and the chance to represent Europe at MSI, and it was snatched from their grasp by a MAD Lions reverse sweep. They were outclassed at the final hurdle, and now they’re back to prove that they’re more than just a second-place team. The team’s strength last split was in their consistency, rarely dropping random games to teams that were on paper significantly weaker than them. In the lead up to Worlds, every win is crucial to secure one of Europe’s three spots- Rogue’s low-variance, high-reward style will go a long way to securing themselves a spot at the top of the standings. 

Once the undisputed, unchallenged kings of Europe, G2 Esports are an enigma. Their spring performance lacked the panache and flair fans are used to seeing from the roster. They failed to qualify for finals after acquiring one of the most storied ADCs in European history, and the team was clearly unhappy with their placement in the standings. If they want to represent EU at Worlds, G2 will have to buck up their act as the middle of the pack in the LEC will be snapping at their heels. 

Source: https://dotesports.com/league-of-legends/news/lec-power-rankings-2021-summer-split-preseason

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Chinese Banks Received $1t in Forex Deposits in May

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According to the People’s Bank of China’s announcement, foreign exchange deposits in China have crossed the $1 trillion mark for the first time. Economists believe that this will give the Chinese government a lot more freedom to allow the outflow of capital from the country.

A major reason for this increase in foreign exchange flowing into China is a rise in demand for certain Chinese products during the pandemic-related restrictions. Chinese exporters have performed exceedingly well in the past few months and have gathered a large foreign currency store.

Chinese Banks Received $1t in Forex Deposits in May

The rising trend in the Chinese market is also attracting more investors. Many foreign investors exchange dollar currency for the Chinese Yuan to purchase shares in the Chinese stock market. But now China is facing a different problem. It does not have many avenues to invest its foreign currency. Experts believe that the Chinese government needs to urgently introduce some policy reforms in the country so that Chinese investors can spend more of their foreign currency in overseas markets.

At present Chinese banks and lenders are using most of their foreign exchange deposits to fund loans in the country as well as overseas. The heavy inflow of dollars into China, but a relatively lower outflow rate, is now pushing down dollar value in China very fast. So banks are now buying Yuan instead of the dollar currency. This is strengthening the Chinese Yuan. But investors fear that if the Yuan becomes too strong, hot money will flow into the country, and the Chinese import business will face a devastating situation.

Chinese Banks Received $1t in Forex Deposits in May

To curb the issue, China is already trying to control the liquidity of the dollar. The ceiling for investing overseas has been increased to record levels. It has also put in place investment schemes for capital outflow that will allow Chinese investors to invest more than ever before in overseas markets.

George Magnus of Oxford University’s China Center, speaking about the Chinese situation, has said that foreign exchange inflow surges can benefit an economy. Still, these surges are usually temporary and can reverse at any time leading to dire consequences for the economy. It now remains to see how well China can utilize its Forex inflow to prepare itself against potential future reversals.

Source: https://www.cryptonewsz.com/chinese-banks-received-1t-in-forex-deposits-in-may/

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In Times of Volatility: You Should Choose a Stable Exchange

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On June 21st, the negative news from China pulled a turbulent decline in Bitcoin once again. The price of Bitcoin once collapsed to $28,000,  beating May’s price bottom.

Since the start of Q2, Bitcoin’s price fluctuations have been continuing. The correction of the bull market, contradictory statements of KOLs, and the tighter regulations from different countries have made the cryptocurrency market more sensitive and volatile.

In Times of Volatility: You Should Choose a Stable Exchange

The roller-coaster price swings reveal that the cryptocurrency market is far more fragile and unstable than traders expected. Yet, compared with market volatility, the more catastrophic thing is that traders cannot respond in time to the rapid changes in real-time price.

On May 19th, along with the slump in the price of cryptocurrencies such as Bitcoin, Coinbase, the so-called largest digital cryptocurrency exchange in the United States, crashed as well. Coinbase later said in a statement that they had found some problems in Coinbase and Coinbase Pro, and they would provide an update as soon as possible.

In Times of Volatility: You Should Choose a Stable Exchange

Facing the collapse of Coinbase’s website and App, some users expressed complaints on social networks because when the price of digital cryptocurrencies was plummeting, they wanted to take the opportunity to buy the dip but did not succeed, thus suffering huge losses. Affected by this, Coinbase’s stock price fell 10% that day.

Confronted with system outages, server overloads, and unexpected crashes that occur from time to time, users often can do nothing but be exposed to forced liquidation or miss the best time to buy the dip and escape the top.

In a time of volatility, the market fluctuates greatly, and it is easy to suffer great losses if you fail to time the market. According to incomplete statistics, more than 15 system crashes(large or small) of Binance’s servers each year. It means that there will be one collapse of Binance’s servers every month on average. Each system crash could make at least millions of users unable to take action. Therefore, traders need to choose a stable and safe exchange. Bitwells will be the option for you.

Bitwells is a futures trading platform focusing on the Bitcoin market, providing futures leveraged trading of mainstream digital currencies like Bitcoin, Ethereum, Litecoin, Ripple, etc. The company is registered in the UK and is jointly developed by Internet experts, cryptocurrency traders, and financial professionals, trusted by more than 200,000 traders in over 200 countries/regions worldwide. No KYC, no deposit fees, App and PC available, traders can get the most attentive services, including 24/7 customer support on Bitwells.

Bitwells Platform Interface
Bitwells Platform Interface

Why Choose Bitwells?

Simplicity And Security

Bitwells runs a professional technology team and financial operation to provide you with an experience of simplicity and security. The lightning-speed execution ensures speedy and highly efficient trading on your smartphones, tablets, and computers, which largely avoids overload problems. Even in a period of great volatility, you don’t need to worry about being unable to log in due to a system crash.

Accurate Quote

Over 15 market makers guarantee the market liquidity and immediate transaction, which provides users with an accurate price. The Price index on Bitwells is based on calculating the weighted data from 5 major exchanges in the world – Binance, Poloniex, Bitfinex, Huobi, and Coinbase. Suppose any exchange fails to provide quotes due to its service performance or any problems. In that case, Bitwells reserves the right to apply a new Price Index based on the weighted average of the remaining working exchanges immediately.

Transaction Security

Amazon’s super transaction engine and strong basic support ensure that users’ every transaction is accurate, fast, and safe. Bitwells takes security measures similar to banks to ensure that the security of customer assets stored in trading exchanges reaches the highest standards. Several layers of protection have been implemented, such as multi-signature withdrawals and two-factor authentication (2FA).

Low Service Fee

Bitwells does not require deposit fees from users. According to this report, it charges 0.0005 BTC per BTC-withdrawal, which is below the global industry average (being 0.00059 BTC per BTC-withdrawal according to this report).

Demo Account With 10 BTC

Once registered, users on Bitwells will be offered a real trading account and a demo account with 10 BTC. The simulation pattern is user-friendly, which prevents beginners from losing money without knowing the rules. Users can use the demo account to get familiar with the trading process and test trading strategies to improve accuracy.

100X Leverage

Bitwells offers users trading with 100X Leverage. With 100X Leverage, traders can make 100 times of profits from both directions( long or short).

100 Deposit Bonus

Bitwells now offers a 100% deposit bonus as a thank-you gift for every user. When you deposit into Bitwells, the same amount of Bitcoin will be accredited to your account (max. 10 BTC each deposit). If you deposit 1 BTC, you will get 2 BTC, which you can use for transactions and earn more profits.

Explore and Get 100% Bonus at Bitwells
Explore and Get 100% Bonus at Bitwells

During periods of high volatility, a stable and professional exchange will allow you to hedge losses and make profits for yourself. Bitwells is committed to bringing a good trading experience to every user.

Sign up on Bitwells and maximize profits out of your Bitcoin.

Source: https://www.cryptonewsz.com/in-times-of-volatility-you-should-choose-a-stable-exchange/

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Ethereum’s much-awaited EIP-1559 gets deployed on Ropsen testnet

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As announced by Ethereum (ETH) core developer Tim Beiko, the London hardfork upgrade was successfully activated on the Ropsten test network.

Following the last Berlin upgrade, Ethereum’s London hardfork is anticipated to solve the network’s congestion and high transaction fee issues, which raised concerns and criticism regarding its scalability and performance.

We have a block!

“We have a block! Took a bit longer than expected, but London is live on Ropsten,” said Beiko, adding he is “pretty stoked to have sent the first 1559-style transaction included on a public Ethereum network *ever*.”

Beiko noted that blocks were a bit slow at first, due to the lack of miners upgrading: 

“Because mining is altruistic on Ropsten (block rewards are worthless), it can be hard to get folks to upgrade in a timely fashion.”

Following Ropsten, on June 30, the update will be implemented on the Goerli test network and finally Rinkeby will upgrade on July 7.

Controversial EIP-1559

London hardfork is one of the latest network upgrades proceeding the migration of Ethereum (ETH) towards Ethereum 2.0 and implements the Ethereum Improvement Proposal (EIP) 1559:

“The proposal in this EIP is to start with a base fee amount which is adjusted up and down by the protocol based on how congested the network is. When the network exceeds the target per-block gas usage, the base fee increases slightly and when capacity is below the target, it decreases slightly. Because these base fee changes are constrained, the maximum difference in base fee from block to block is predictable.”

Historically, Ethereum priced transaction fees using the ‘first price auction’ model and in order to tackle major inefficiencies, the controversial improvement initiates a dynamic fee structure and periodical fee burnings.

The new fee system means the miners only get to keep the priority fee, with the base fee always being burned (destroyed by the protocol), while ensuring only ETH is used to pay for transactions on Ethereum, cementing its economic value within the platform.

This will largely reduce miner extractable value risks and counterbalance Ethereum inflation.

A major day for Ethereum, as it takes another big leap from its Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus mechanism. 

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Source: https://cryptoslate.com/ethereums-much-awaited-eip-1559-gets-deployed-on-ropsen-testnet/

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