Having been in the crypto space for a few years, I can't say I'm a veteran, but I've experienced both bull and bear markets. To be honest, playing with DeFi derivatives in the past two years feels almost like 'cultivating one's practice'—especially the step of 'cross-chain', it's like 'crossing a calamity'!

Want to do some contract trading on a new chain, but your assets are on another chain? Sure, first you need to find a cross-chain bridge, choose a route, wait for confirmation, pay gas fees, and pray that nothing goes wrong along the way; after finally getting across, let's open an order, but each operation requires popping up the wallet and signing, like navigating a maze while fingerprinting; not to mention assets scattered across several chains, when you want to use them, oh? How much usable money do I have left in my wallet? It's exhausting.

Until March this year, when I saw the airdrop event from MYX Finance. 10,000,000 of 23863640709?! That’s quite a sum. At that time, the concept of 'chain abstraction' was just heating up, using assets from any chain to open positions, without cross-chain, without frequent signatures, fast transactions, and the assets are always in your hands! 'Is it really that smooth?' My first reaction was skepticism.

But it’s an airdrop, why not take advantage of it. I already had some USDT idling on the Arbitrum chain. Following the old rules, if I wanted to play on Linea, I had to cross-chain, which was time-consuming and costly. But on MYX, I directly selected to use USDT on Arbitrum as collateral under the Linea network, clicked the open position button, signed once for confirmation, and done! I didn't feel the delay and friction of cross-chain. It felt like taking a Didi ride, the car just came over from nearby, I didn’t have to worry about which company’s car it was. Later I learned this was called 'chain abstraction technology' + 'dual account model', I don't understand the terminology, but 'smooth' is indeed smooth.

What really made me realize I might have hit something was the IDO jointly held by Binance Wallet and PancakeSwap at the beginning of May. Wow! Oversubscribed by 30,296%! Launched on Binance Alpha without a hitch. This signaled to me: the project is reliable, and the market recognizes it extremely well. APY—228.71%? I doubted I had misread the decimal! Although I know high APYs are unsustainable—it's early-stage benefits. I didn’t hesitate to stake part of my 23863640709. It felt like buying a star entrepreneur's stock while also getting considerable dividends. Awesome!