1. As the undisputed king of DeFi1.0, YFI created a myth of over a thousand times in 43 days, and then DeFi currencies began to rejuvenate, but many DeFi currencies that appeared later never surpassed YFI in value, until the emergence of Pangu's OSK and FIST, which once again swept the entire currency circle and created countless miracles of civilians turning over. This is also recognized by many people as the representative of DeFi2.0. So the performance of the above two DeFi1.0 and 2.0 currencies, which were once popular, is a bit disappointing now. Because these two currencies have very few permissions that have not been discarded or the proportion of locked funds pools is actually the most important thing compared to these two points. They have no ecological and hematopoietic functions.
2. At the beginning of the design of BITC, which is now known as the representative of DeFi 3.0, the startup team already knew the greed and laziness of human hearts, so the mechanism of BITC is an anti-human design, that is, all participants will leave a part of the funds to settle in the fund pool, and give DOGE to themselves and the people holding positions on the entire network, plus unlimited deflation and destruction. In the future, its circulation will become less and less as time goes by. It is said that things are precious because they are scarce, so it is conceivable how scarce its circulation will be in 5 or 10 years. So if BITC is compared to a super sports car, it is also refueling its own tank when it is in the front gear, and refueling its own tank when it is in the reverse gear, and then it is ready for the next takeoff.
3. On November 11, the day of the national shopping 11.11, Tether issued another 1 billion USDT. According to incomplete statistics, tens of billions of USDT have been issued in 2023. Where will these funds flow into? Of course, it will be the mainstream cryptocurrencies led by BTC. Then the mainstream currencies in the BITC fund pool will also rise passively. In addition, the logic of the rise of DeFi currencies will be more intense. In a bear market, more coins are king, and more coins are hoarded. In a bull market, cash is king, and it is cashed out at the peak. Let's make friends with time and make periodic money. Everyone can get a share. Thank you for reading, I hope it can help you. At the same time, fans are welcome to leave private messages, and we will publish articles that you are interested in.
