ZKSgu

The CRCL price-to-earnings ratio is over 200, when will $HYPE also be able to blow such a big bubble? Or is it still too simple?

Is there anyone who hasn't registered for ethos?

The evil old forces of wire transfers take several days and still charge a fixed toll of 20 USD. With this kind of behavior, if stablecoins don't put them out of business, I can't eat or sleep peacefully.

After the big gambler James's account was liquidated, the open contracts on hyperliquid did decrease somewhat, but they are still slightly above Huobi's status.

James's identity has two main interpretations besides being a real gambler.

One is business cooperation; today James himself said he has never received money, indeed he has sought money twice, but did not get any, and he also supported cz's claim that the dark pool dex would eliminate hyperliquid.

It’s estimated that hyperliquid doesn't have much budget to give him; if they did, would a big whale just come in and make a trade every time? That wouldn’t be reasonable.

The other interpretation is hedging for money laundering. Currently, there is no clear evidence; mainly, his positions look randomly opened, with too high leverage, and it doesn’t seem like normal behavior. Additionally, he said his cex account has been completely frozen.

Of course, even if it's true, I don’t think it affects $hype in any way. Money laundering is also an important practical attribute; BTC was initially prioritized for money laundering applications.

Hyperliquid has demonstrated that such a large order can be supported by platform liquidity, and the money laundering issue will only arise on cex.

🔆Reconstructing the Underlying Cornerstone of the AI Era: @SaharaLabsAI — Web3 AI Native Operating System Research

In the current wave of integration between Web3 and AI, most projects remain trapped in conceptual narratives and lack substantial infrastructure. Sahara's groundbreaking significance lies in its construction of a complete AI native blockchain operating system for the first time, fundamentally reconstructing the flow of data, models, and value.

1. Structural Opportunities

AI technology is triggering a dramatic change in pricing models, but Web3 faces a core contradiction: the market urgently needs blockchain-level infrastructure that supports the entire lifecycle of AI, while existing public chains are still focused on optimizing transaction efficiency and cannot solve the three unique challenges of AI — trusted execution, asset confirmation, and value distribution.

This is precisely the design origin of the Sahara protocol targeting industry pain points: providing full-stack support for AI assets from creation, verification to transaction through a dual-layer architecture of an AI dedicated Layer1 blockchain + off-chain execution protocol.

2. Moat Advantages

Sahara has successfully run a full link closed loop of “data-model-application-incentive,” forming the three core components of the ecosystem:

Data Service Platform DSP: Connecting 200,000 annotators with over 40 top enterprise clients such as Microsoft/Amazon/MIT, achieving on-chain confirmation and instant settlement of data contributions. For example, MyShell, which was recently supported, improved model accuracy through customized datasets and gave back to the annotators.

AI Developer Platform: Providing a no-code toolchain that supports developers to deploy AI Agents in 10 minutes, significantly lowering the development threshold.

Upcoming AI Asset Market: The first decentralized trading market for models, datasets, and Agents, using a revenue-sharing mechanism to enable contributors to earn long-term benefits.

3. Underestimated Architecture

Compared to Bittensor (whose FDV once exceeded 10 billion), Sahara's core architectural differences lie in:

1. Native AI Layer: An EVM-compatible chain specifically designed for AI scenarios, managing asset registration/authorization/allocation through smart contracts. It also improves cross-chain compatibility, with the protocol deployable on EVM/Sol/Sui public chains and connected to Web2 systems via API, serving as a key gateway for AI services.

2. Off-chain Trusted Execution: TEE environment generates verifiable proofs, resolving the contradiction between complex computations processed off-chain and verification on-chain.

3. Value Distribution: Model/dataset ownership proof ensures sustainable earnings for contributors through assetization.

4. Valuation Logic

After the launch of buidlpad, the most discussed topic is whether the 600M valuation is expensive.
To be honest, it is not cheap. It's certainly impossible for a small AI project to launch and immediately achieve dozens of times returns like virtual projects. However, as an investment, it is worthwhile. Why?

1. The project has entered an accelerated growth phase, with over 3.2 million on-chain accounts on the SIWA testnet within two months and daily active users reaching 1.4 million. Once the mainnet launches with the introduction of the native token, the growth flywheel will be activated.

2. The business model has dual barriers: on the enterprise side, a service capacity validated with tens of millions of dollars in revenue, with clients including academic institutions and tech giants; on the user side, data annotators enter the AI value chain through contributions and can earn passive income through the asset market in the future.

Referring to Solana's path from technical infrastructure to ecosystem explosion, Sahara's current IDO valuation is still in a value lowland: it has a real business model support and occupies an AI operating system-level ecological position.

5. Team Background

Founder Sean Ren is the youngest computer professor at USC, leading the INK Lab, and Tyler Zhou is the former investment director of Binance Labs, raising 43M. Technology and finance are the best combination for the strategic depth of Web3 projects, endowing the project with the unique dual genes of Web3: top AI academic resources and a crypto capital network.

This also explains why Sahara can gain the trust of both Web2 giants and core Web3 developers, becoming one of the few projects bridging resources from both realms. The reason why the IDO is held on buidlpad is that buidlpad is created by former Binance executives and backed by Nomad Capital; the previous project Solayer was also a high-multiple benefit project.

In summary, while the industry is obsessed with packaging AI concepts, Sahara is reconstructing AI production relationships with the posture of an infrastructure behemoth.

It is not only about the premium of a complete architecture but also about establishing a decentralized AI economic system: whether developers, annotators, or investors can share the AI growth dividends through their contributions. With the launch of the AI Marketplace and the expansion of cross-chain ecosystems, Sahara is expected to replicate the value leap from infrastructure to ecosystem explosion seen in early public chains.

The new high should continue to increase positions in $HYPE, don't worry, Jeff will write the essay.

The Silicon Valley tech maverick @bryan_johnson, who attempts to be 'immortal', says he checks his resting heart rate with a wearable device every night before sleeping. He manages to keep his heart rate at 44 (the normal range is 60-100), which leads to a good night's sleep and delays aging. This seems somewhat similar to our traditional 'Turtle Breathing Technique'.

In fact, I also have a wearable device that monitors my heart rate daily.

At the end of last year, after the official Solana retweeted the CUDIS ring, I bought one and have been using it ever since, accumulating a total of 70,000 points, currently ranking around 1500.

@CudisWellness: The body is an asset, health is tokenized.

Some time ago, CUDIS added a wallet function, and recently registered for airdrop addresses. The official announcement clearly stated that the pioneer package was snapshot yesterday, indicating that TGE is imminent. As a community user, let’s discuss our views on valuation.

1. Referring to the industry leader Oura, which had a sales revenue of $500 million last year and completed a $550 million financing round, raising its valuation to $5.2 billion.

CUDIS has an annual revenue of $6 million, with $5 million in financing. A valuation of $55 million for hardware products is quite reasonable, especially since 50% of this share is sold offline, unlike some competitors who mislead us web3 folks and have no competitiveness in the market.

2. After launching the token, is there still potential for future growth?

Currently, there is a real demand source. For example, the pure web2 health app leader AutoSleep has achieved over 200 million RMB in sales just through one of CUDIS's features, sleep monitoring.

In today's increasingly common sub-health state, people's willingness to pay for health is also increasing. Therefore, I estimate that after the token launch, most of the revenue may actually come from the web2 user market.

3. Regarding the 'human mining' aspect of web3 hype, it can be compared to WLD (Iris) and PI (purely community-based). 12 million world id users = 11.3 billion FDV, 19 million PI net users through KYC = 64.5 billion FDV. Roughly, CUDIS's 200,000 app users community valuation is between 180 to 330 million.

Although WLD and PI valuations may have inflated components, for CUDIS, this valuation is still conservative, considering that 10% are high-net-worth users who are different from ordinary users just looking for freebies and are willing to pay several hundred dollars for the ring.

4. Regarding the health data market, the current market share is $400 billion and is growing rapidly. How much of this can CUDIS capture?

Currently, there is no specific data support available, but everyone knows that crypto smart wearable projects can issue tokens, which is a core competitive advantage when competing with traditional web2 companies for market share.

Why does CUDIS call itself the 'Longevity Protocol'? As long as you wear the ring, they are the company that wishes you to live long the most, because as long as users are alive, they will continuously generate real health data, hence they will arrange AI coaches to create health plans for you, helping you slow down aging.

Web3 focuses on user rights, while in the past, user data was taken by traditional giants to train big data algorithms, feed AI, etc., with benefits potentially far exceeding the sale of the devices themselves. The advantage of web3 is that this data will still be sold, but the invisible benefits will be shared with users.

Referring to the comparison table with industry leader Oura, when buying a health ring at the same price, one is a traditional ring that secretly uses your data, and the other is the CUDIS ring that does not lose functionality while providing continuous dividends. Which one would you choose?

Making this choice should be quite simple. The main issue currently is just insufficient promotion, as more affordable products cannot reach all users. As web3 becomes more accepted by the public, CUDIS's future looks promising.

1. No LOUD white, no takeover.

2. If you haven't received the coins, you must hedge, and you cannot close the position.

3. The current position is indeed not as comfortable as it was a month ago; however, apart from $HYPE, I really don't know what else can be bought during the downturn.

4. BN has launched Hype's 75x contract, and lighter (https://app.lighter.xyz/trade/ETH?referral=GNG37NJGU4QF) has also raised the leverage limit for hype to 20x, while HL can only open 5x; competitors are also quite kind.

Recently, my highest ranking on the Kaito mindshare leaderboard is OpenLedger, ranked seventh in the world.

I noticed that Foresight News is also paying attention to this project: @openledgerhq has recently established a foundation, and with the recent change of ticker to the more memorable $OPEN, it seems the TGE is approaching.

Because 🐙 OpenLedger's mission is to monetize AI data and models, the entire economic model will only be fully activated after the $OPEN listing. There will be 2M open distributed to the yapper community, which I am quite looking forward to.

While squeezing my nose to brush Binance Alpha, it is necessary to appropriately go long on BNB.

Why brush.
Alpha is currently an overall very problematic project screening + very misleading data prosperity + exploiting the benefits of some people to distribute to other retail investors + undermining the rationality of industry pricing + reducing uncertainty will definitely lead to the disappearance of high multiple wealth effects... These views remain unchanged, overall Alpha points are still a tumor, and there is little chance of change in the near term, so it is necessary to spend more time adding points and drinking soup, otherwise the losses will be even worse.

Why appropriately go long on BNB.
Alpha seems to have not provided benefits to BNB holders, but in reality it forces a large number of new projects to deploy on BSC. BNB does not differentiate between Binance's main site transaction fees, but it can't resist the increasing number of VC projects all forming BNB pools, priced in BNB.
BSC has transformed from a second-rate dog chain centered around the couple concept into the current external liquidity layer of the universe, Binance. Not only application projects, but also all sorts of miscellaneous layer 1 and 2 projects need to be deployed there.
This is also why I was previously puzzled why so many projects invested by the original Binance Labs were not forced to deploy on BSC or OPBNB. Now it has been achieved in another way. If Bybit had enforced new projects to deploy on Mantle earlier, MNT would have taken off long ago.
Moreover, Binance Alpha has siphoned off part of the income from Bybit and Gate. This state will visibly last for a while, and currently there hasn't been a full market discovery yet.

Every week @kaitoai distributes 5000 $skaito to the top 50 yappers of all/new (less than 1000sf). A snapshot has been taken, and the claim window has not yet opened.
I have been selected as a new type of top 50 yapper for 3 consecutive weeks, come check your x id here 🔗https://kaitoai.notion.site/kaito-yapper-payouts-skaito
I estimate that what many people fantasize about as the second season is actually this long-term plan; I guess there will not be any large-scale airdrops, which is also reasonable for stabilizing the coin price.

Cetus's LP is having issues, as a miner my feelings are quite complicated.

The good news is that I was mining on Aptos's Hyperion and narrowly escaped.

The bad news is that many accounts' LPs have gone out of range. Previously, $APT was quite stable, and the ranges were set relatively narrow. Today, I took a quick look and it actually broke through. After holding for so long, it unexpectedly left me behind…

Fortunately, there are still some LST's LPs🥹

There are many older brothers named Jeff. Earlier this year, I wrote a brief biography of Jeff Yass from Haida, and there are also well-known figures like Amazon's Jeff Bezos and Hyperliquid's Jeff Yan from the crypto space, among others.

This time I discovered another core developer of Bitcoin and Linux, Jeff Garzik @jgarzik, who has made early contributions to Bitcoin's SegWit, JSON-RPC API, CPU miner, Python miner, and other infrastructure, making him one of the most knowledgeable people about BTC in the industry.

Looking back at Jeff Garzik's Twitter timeline over the past decade, it's easy to see how he differs from those BTC fundamentalists.

Many people believe that BTC is sufficient as the best value storage asset, which indeed was the best choice at the beginning of its design, bringing BTC nearly twenty years of faultless security.

However, with BTC now having a trillion-dollar market value, even a slight increase in leverage can impact the global economy. Jeff Garzik has been very enthusiastic about helping BTC holders build native yield since ten years ago.

Based on this philosophy, over the years Jeff Garzik and several other developers have built projects such as Bloq and Vesper. Unlike those chasing trends with continuous entrepreneurship, their teams are stable, clear in direction, and strong in execution.

From infrastructure development in 2015 to DeFi in 2020, and last year, they shifted their focus to @hemi_xyz, a modular Layer-2 network.

Hemi received $15 million in support from institutions like Yzi Labs (formerly Binance Labs). The mainnet was launched two months ago, achieving native 'Bitcoin programmability'. In just 38 days after launch, the TVL reached $1 billion, and currently, the TVL is $1.2 billion, quietly becoming the second-largest Bitcoin Layer-2.

Connecting BTC and ETH is the core issue of the BTC ecosystem Layer2. A common transitional solution on ETH is cross-chain (custodial mapping), and some BTC L2s have adopted this model, like another Jeff from Merlin. This model carries centralization risks, especially after Sun's involvement with WBTC raised widespread concerns recently.

The #HEMI approach is to integrate a complete Bitcoin node into the Ethereum Virtual Machine (EVM). This innovative model combines the security of Bitcoin with the flexibility of Ethereum, unlocking direct access to fine-grained Bitcoin states for smart contracts, allowing users to lend native BTC through fully indexed nodes without relinquishing BTC control, utilizing DeFi protocols.

In terms of security, through another co-founder Maxwell Sanchez's PoP consensus, Hemi inherits Bitcoin's complete security in a fully decentralized and permissionless manner. Without compromising the trust model, it expands BTC from a currency to a smart contract platform.

From a participation perspective: you can directly stake assets on the Hemi Network official platform (invitation code 9c3fd156), or provide liquidity via ecosystems like Spectra (BTC annualized 4%) and DEMOS to achieve higher multiples. Hemi will also provide legendary-level NFT airdrops for the top 50 stakers in each selected liquidity pool.

If you have no spare funds, you can actively participate in community content creation. Although there is currently no Kaito content leaderboard, the official account gives away a dozen NFTs weekly to outstanding content creators on Twitter, with opportunities to win without needing to stake. Additionally, if there are future launches, there will be retroactive benefits, so you can participate in advance to avoid missing out later when everyone else is competing and you are left feeling frustrated.

You can register with a Google email at @SpheronFDN

http://tge.spheron.network

Community code XHDAOSPON

Coming soon…

On August 23, 1939, the Soviet Union and Nazi Germany secretly signed the Non-Aggression Pact, in which Estonia, Latvia, and Lithuania were occupied by the Soviet Union.

Fifty years later on this day, to draw the world's attention to the shared historical experiences of the three countries, over 2 million people from the three nations held hands, forming a human chain over 675 kilometers long, crossing the Baltic States.

At that time, the internet was still a rarity, and the protest movement relied entirely on village radio stations for coordination. The demonstrations were broadcast on television worldwide, and soon the three countries gained independence from Soviet control two years later.

Just connecting people together, how much power can it generate? When the consensus of millions is expressed, there is no need for financial capital or violent conflict; it can still have a tremendous influence, even affecting the fate of nations.

In the current cryptocurrency space, many projects are adopting the POS model, where the more money you have, the more rewards you receive, making the poor poorer and the rich richer, concentrating chips more and more, forgetting the original intention of BTC's POW, and overlooking the power of individuals themselves.

The same goes for DePIN projects; currently, many DePIN projects simply connect devices and call it a day. This method obviously has little competitiveness against traditional cloud service providers and computing power leasing platforms. After all, if you lack recognition, acquiring customers is often limited to within the circle, which may even lead to idle waste of computing power.

Currently, I believe @ICN_Protocol is performing well; last year ICN already made its mark in web2, currently having over a thousand paying enterprise clients and an annual revenue exceeding $5 million, which is the 'grounded business model' that all exchanges are eager to pursue.

In web3, unlike Filecoin/Arweave, which only focus on storage, and Akash, which only does computing power, Aethir focuses on isolated DePIN competitors. ICN's mainnet will simultaneously support storage, computing, and networking functions, integrating these three major services into one protocol with every user in the community acting as a node.

Recently, in the India-Pakistan conflict, Pakistan's use of a complete set of China's previous generation weapons to shoot down Indian aircraft/drone components purchased at a high price clearly illustrates that, in the face of a complete system, it is possible to battle across levels.

On the ICN mainnet, developers do not need to bear the learning and usage costs of multiple component protocols; they only need to connect to ICN to utilize a complete set of standardized infrastructure systems.

To fully leverage the advantages of the community, each user can act as a super node to verify the integrity of hardware resources and services, ensuring the decentralization and seamless operation of the ICN cloud network through the joint efforts of the global community, while both the community and hardware providers can earn fair rewards, truly returning data power to the users.

Today, ICN has opened node staking and will gradually open community-distributed hardware in phases in the future, allowing developers to build projects on ICN.

A fully decentralized infrastructure is steadily advancing along the roadmap, and the days of centralized internet applications facing single points of failure due to infrastructure issues like AWS may soon become a thing of the past.

Large companies working on public blockchain projects generally have better resources. For example, a few years ago, Facebook (Meta) published the Libra (Diem) white paper, but later faced significant regulatory resistance, leading core team members to leave and create SUI and Apt, two mainstream chains.

Just last year, Alex Zhang, one of the 13 janitors at Alibaba's Damo Academy, after serving as the CTO of AntChain and the CEO of Ant Group's development platform ZAN, formed the @pharos_network team to enter the high-performance public blockchain space.

Unlike the common scenario where employees start their own businesses, Pharos publicly announced its exclusive partnership with Ant Group during its financing and development stages, making Alex's close ties with Alibaba clear. Pharos aims to address issues that the consortium chain AntChain cannot solve due to compliance constraints, such as the marketization of RWA assets.

After reviewing the information currently disclosed by Pharos, I estimate that this year another public blockchain from a large company with a market value of tens to hundreds of billions will emerge. Its characteristics can be summarized as being fast, good, and cost-effective, which I'd like to share with you.

More: Currently, Pharos has secured commitments for nearly 300 million RWA assets, which translates to user revenues in the tens of millions annually. Coupled with its exclusive partnership with Ant Group and the backing of leading institutions like HackVC, such orders will continue to flow in.

It's important to note that even without external enterprises onboarding, the collaboration with AntChain itself signifies a substantial amount of already on-chain user assets.

In addition to CEO Alex being the CTO of AntChain, CTO Wishlonger is also the Chief Security Officer for Ant's Web3 operations. They previously led the trusted on-chain technology, which has been widely applied in new energy sectors such as new energy vehicles, batteries, and photovoltaic panels, accumulating over 12 million devices on-chain.

Fast: Thanks to the team's long-term technical accumulation from advancing business in Ant Blockchain for 7 years, Pharos achieved extremely high EVM Layer-1 performance in less than a year of development, with 20K TPS already validated on the public development network, and there will be further improvements. It took only two months to transition from the development network to today’s open user testing network without delays.

In addition to block generation speed and development progress, it is commendable that Pharos and AntChain have significantly open-sourced the DTVM virtual machine, increasing the code execution speed across the industry by 20 to 30 times, with smart contract call latency as low as 0.93ms, allowing applications like RWA, DeFi, AI, etc., to run on-chain with the feel of the internet.

Good: Simply put, for users, the best projects are those that can make money.

This year, under the shadow of VC coin valuation restructuring and Alpha points, many people are apprehensive about airdrop interactions.

However, I believe Pharos has little to worry about; on one hand, it is strong and hasn't taken too much VC funding, more so seeking partnerships to gain web3 endorsements, keeping its chips in hand with room for distribution.

On the other hand, the team has localized expertise by assigning the most professional people, such as CMO Laura, who previously managed the Solana Saga phone, surely well-versed in the allure of airdrops driven by the 'wealth effect' for users.

Save: While it may not matter for single transactions, in the long-term high-frequency usage scenario, TPS/Gas cost-effectiveness will become an important cost issue.

The older generation of TRX/ETH/BNB needs no further mention; individual users feel the pinch, while Pharos=500000K/1¢ is a truly suitable choice for enterprise-level users, significantly more economical than high-performance competitors (MegaETH=1000K/1¢, Monad=60K/1¢).

Finally, a small interactive note.

If you are interested in experiencing the Pharos test network (

I taught my relatives how to刷alpha, told her to go all out, today we reviewed the results, it went wrong, she didn't get the airdrop, lost several hundred dollars, when teaching beginners, it's important to be clear about how many times to刷🤣

I don't oppose alpha, and I let friends in the group and relatives outside the circle go all out too, what I oppose is this kind of meaningless刷量, when they look at me with confusion and ask why, I can only say: just刷 it,刷 it and get paid.

The boasting from before, about web3 user rights, ownership shifting from platforms to users, decentralization has become a joke at the hands of this largest centralized exchange.

This time is no different, over ten million to alpha, five million to the early participating community, hahaha, some are still saying to give retail investors benefits, robbing one group of retail investors' money for another group of retail investors, just刷吧,刷吧,刷吧.

Can anyone obtain alpha points through normal transactions?

To reiterate, I do not oppose alpha; what I oppose is the current rule of alpha points, which inflates transaction volume.

I don't see what the point of this is, other than making it look like Binance's wallet market share is very high, incredibly high, and what else does it mean? There is no volatility, no transaction fees, nothing is left behind.

Additionally, I really dislike encroaching on community shares. If the project team issued it, please deduct it from the team's share.

Recently in Bera's LP mining, I didn't hedge and it dropped too much. I also stored USDE in the pre-stored gold inventory, and after several months, the results came out with little gain, which is quite frustrating. The annualized return is 1%, giving a sense that funds are being diverted for the mainnet head mining, making a diversion to cover it up.

The LP earnings in Perpdex are also very unstable. It looks like the annualized return is high, but if traders make money during the time you deposit, you will also incur some losses. It seems that there is no lock-up, but in order to ensure gains, you have to keep it for a long time.

The best financial management is still stablecoins, and it’s best to use single-coin demand deposits, which have good flexibility and liquidity. If BTC crashes and presents a great opportunity, you can withdraw at any time to buy the dip.

Let me introduce a relatively good mine, the leading lending protocol on Sei, @TakaraLend, which will start a $500,000 incentive in collaboration with Bitget wallet this month and continue for three months.

The most intense business battles are often conducted in the most straightforward ways. Before there was an activity, the APY was 12%, and within a month it went from launch to 50M. After this activity started, it maintained around 30-40% for a while, then surged with 12M funds in one day, dropping back to below 20%.

This protocol is the dark horse of the Sei ecosystem this year, and the lending protocol with the fastest TVL growth. Those who still have stablecoins can use L0 to cross-chain and deposit. Note that this portion of extra income needs to be deposited using a BG wallet to qualify.

You don't have to worry about security; it has been audited by Zellic and Peckshield, and contract monitoring is conducted by Hypernative and Blocksec Phalcon. The deposits are non-custodial, ensuring users' asset ownership, and all operations are on-chain, transparent and reliable.

In addition, Takara's modular structure can be seamlessly integrated into other dApps, becoming a broader settlement layer.

In addition to stable visible fundamentals + incentive income, there are two hidden benefits.

First, Takara has not yet issued its own token. A few days ago, they announced a preview of the points system in a Space, and there will be additional token rewards after depositing.

Additionally, a few days ago they mentioned in the Space that after users obtain points, they won’t have to hold onto them without seeing returns. They can directly exchange them for NFTs or APY bonus rights. This means that even if you want to keep the points, you can still estimate their value through these concrete portions.

Another point is that the Sei ecosystem airdrops have always been quite comfortable among public chains.

In the first season, many people know that there are returns from cross-chain. The second season features Sei's staking and LST, as well as NFTs, which are not competitive; you only need to stake 42 SEI to get 200, and holding 42 ISEI gives you 3000. The rules are lenient, and the risk-reward ratio is super high.

It was clearly stated that there would be a third season. Recently, the foundation has also been promoting support for DeFi, with TVL inflow, hinting at some pre-emptive moves like Sui. Therefore, it can be reasonably speculated that the third season may reward DeFi users.

Additionally, to be safe, the cost of the SEI incentives earned is relatively low, and some can be exchanged for ISEI to enrich account interactions. A barbell strategy can also be adopted to use this portion of continuous income to participate in new opportunities on-chain.

In summary, certain returns + volatile coins are definitely a choice for large positions.

I asked Master A how to explain the advantages of @union_build?
Without hesitation, he told me that layerzero focuses on EVM as the EU, wormhole is SVM as ASEAN, axelar is the Bohai Economic Rim, while union is the United Nations.

Truly a great writer, the analogy he made was so vivid; union connects all chains, and its ambition to eliminate cross-chain friction is just like the United Nations, isn't it?

The more chains that join, the stronger the profitability and security of Union will be.
As more countries join, the membership fees will increase, and so will the influence, just like the United Nations; no wonder it's called a union.

Many people may have used Union after Baby went online; at that time, it supported ETH and the mainnets of baby, corn, and bob, as well as the lst assets of btc, and the bridge for baby. I have to say, the user experience was still somewhat distant from my expectations, mainly because the assets were too few and not versatile enough.

However, at that time, it was to support baby during a critical moment, and some functions were used first.
In fact, their main product is still in testing, UNION raised 16 million, and they definitely won’t easily release a product without refining it.
This month, they evolved again, the ninth generation testnet AppV2 is open for testing, introducing Xion and new assets.

Participation Perspective

1. Participate in testing, earn water, cross-chain, and receive 5xp on the dashboard without needing to refresh too much.
There are also permanent social tasks and wallet connections.

2. Kaito construction, there has been voting for xp before, the project team still cares about Kaito, and currently, there aren't many listings in the Chinese community; teachers, keep it up.

Many people say that writing this is useless or don't know how to write; in fact, it still requires attention to posture. If you don’t have the ability to create long texts, there’s no need to force it or copy and paste, using AI to rewrite, creating internet garbage is pointless.

Learn to observe the social graph, pay attention to interacting more with the core circles of the project team (for example, @0xkaiserkarel, @e_beriker, @larry0x, @73lV_ etc.), and engage in high-quality interactions.

When you have no influence in the community, first immerse yourself as a listener; sometimes, just keeping up with the latest news and understanding it translated into Chinese can easily get you on the list.

3. Add LST/BABY LP in Tower, which is more suitable for teachers who have previously participated in various ecological agreements of babylon and received BABY airdrops.

If you come in for UNION points, be aware of the impermanent loss; this is not a single asset deposit.

However, Union is currently leaning towards BTCFi; they are also currently the most suitable protocol for BTC cross-chain. Currently, the baby system has 4.8 billion USD of BTC assets in the DeFi ecosystem, and these BTC will circulate and be used through Union.

In the future, there will likely be more opportunities for BTC labor; they focus on bringing bridge funds into the Baby ecosystem agreements for staking and earning interest, obtaining native profits from the agreements, effectively transferring the bubble and giving coin hoarders more mining opportunities.

4. Sign up to participate in the trusted setup ceremony; Multi-Party Computation (MPC) is the proof of system security, adopting the latest generation of ZK technology.

After the public phase of the ceremony begins, everyone can verify whether the union network is reliable; even if everyone is a fraud, just one honest person (like you, who needs to use it, doesn’t need to trust anyone else, just verify yourself) can ensure the security of the protocol.

5. Ecological NFT @WhaleSharkNFTs, not sure if it’s blue-chip or if there will be an airdrop; we sloths have a DC ROLE to earn some xp for real.