These past few days have all been about sparkdotfi. I couldn't resist the word-of-mouth, so I went to research it myself. Here are some relatively objective evaluations:
1. Spark has not publicly raised funds, but its parent company does have money and strength, so there’s no need to worry too much about this aspect.
2. The project itself focuses on a decentralized lending market. In my opinion, there's nothing particularly novel about it. However, projects that are more infrastructure-oriented tend to be stable and less likely to either succeed spectacularly or fail catastrophically.
As the first project of Cookie, the overwhelming promotion brings a large user base and market attention, which generally won't be too bad.
3. The first season just ended in August. Even if the TGE happens right after the first season ends, the timeline is still relatively long. During this period, whether it’s the loss of attention or changes in the overall cryptocurrency market will bring many unstable factors. So, there's no need for everyone to feel too much FOMO; the road is long and arduous.
Specifically regarding participation methods, large investors can deposit money, but for ordinary small retail investors, I still recommend buying YT. After all, there are only about 18,000 U in total, and throwing it in won't create any significant impact, completely losing the ability to seize opportunities in a favorable market.
Currently, YTUSDS offers an annualized return of 9.3%, and 1,000 U can buy 51,000 units, which I personally feel has a pretty good cost-performance ratio.
In short, this project is like playing ENA; just calculate the profit and loss ratio, throw it in, and let it sit. There's no need to occupy too much attention.
I am the kind of person who will definitely do a project that I share, and once I do it, I will follow through to the end. So, everyone doesn't need to worry that I won't take care of it.
I will periodically follow up on the progress of this project.
Feel free to use my invitation, and if you have any questions, leave a message in the comments.
Official website: app.spark.fi
Invitation Code: DJWB74