Table of contents
1. Bloody battle with Wrapped Cryptopunks, harvesting 2000e in one night
1. Origin of Wrapped Cryptopunks
2. The bloody night of the 3AC team
2. The top ten legendary top students of Shenzhen University
1. God of stages, how low is the lowest cost?
2. Smart money flip operation
3. The road to flying among the top ten legends
1. The ranking list is just his toy
2. Success comes with wind and cloud, and failure comes with wind and cloud.
4. Hanwei among the top ten legends
1. God of trait bid
2. Mecha Harvesting
3. Sorry, I’m not something you can keep up with. I earn 800e an hour.
5. blur loan
1. Small opportunities in bear market
2. Do you want to earn 30% a year?
6. Tieshun Chuan, founder of blur
7. The top ten legendary brother Moji
1. You are here to make money, I am here to enjoy happiness.
2. BoredApeYachtClub guard battle
3. Happiness is so simple
8. Personal experience of the WonderPals Incident
1. The story of 100e coming in and being cut in one day
2. How much can an NFT drop in one night?
9. BLUR data analysis
1. Estimated airdrop quantity, time, value
2. Cost review
Ten to fifteen, undecided
The cover pays tribute to dota
Pay tribute to Jian Xue Fenghou’s Dota Memoirs. Be a person who pays attention to details and has an overall view.
In the bull market, you are busy making money, but in the bear market, you are busy writing articles.
Let’s make a directory first. It is very possible to list everything that comes to mind and make up for it later, or it may be discontinued.
Because I really don’t know if I can insist on finishing it. There are stories and teachings in it. I will update it when I have time and leisure.
If the bull market breaks out, updates will be discontinued haha.
The top ten legends are the key chapters, because most people know them, so they are written as memoirs. If there are any errors in the data and situations in the middle, it is purely accidental. You are welcome to contact me and I will modify or delete them immediately.
BLUR More than half of domestic studios have participated, either in-depth or in a simple way. But from the second issue to now, it can be said that everyone who participated is very uncomfortable (except maybe the first one). The cycle is too long and the currency price keeps falling. , there was no official response, everyone smashed their teeth and swallowed it in their stomachs. There were only two choices, give up (face the points being diluted) persist (continue to lose money or find a way to collect points without loss). Many people have changed their addresses, but for veterans, basically we only need to look at the data to know who has changed their addresses based on the amount of funds and operating methods. Often, today we are cutting people off together, and tomorrow I will watch you cutting people or being cut.
Why use blur? Because the first phase is really too high-end, several people I know have airdrops of tens of millions, and with a loss of more than 30 e in the first phase, you can get an A8-level airdrop. I am willing to rate him as the one with the highest single number amount in history. The airdrop with the highest multiple. So it laid the foundation for future wrong payments. Experience tells us that we should never look at the future of a project based on its past performance. It is perfectly normal to spread bait in the first phase and fish in the second phase.
Since the second phase, everyone has been digging and digging in blur's small garden. The gameplay methods they have participated in include manual 24-hour bidding, robot bot full-process hosting, ordinary bidding and trait bidding, lending gameplay, large and small Single number, multiple numbers, matrix gameplay, banker gameplay, etc. I have participated or been forced to participate (was cut off), so in general, experience and experience should be in the top few, after all, they are all bought with money.
The mood is full of passion every day from the very beginning. Calculate the profit by points. According to the airdrop data of the first period, 1 point is 17 coins, and one coin is 0.6-0.7u. One point is the value of 10u. Isn’t this picking up money!
It gradually felt wrong, the losses were increasing, and the airdrop time was far away. The currency price went from 0.6 to less than 0.2 now. In the middle, the contract on Binance and the Korean exchange rose a little, and then continued to roll down. In the middle I have done hedging, but my trading experience tells me that I will never end my losses from short selling, and the losses from short selling are unlimited. Blur’s data exceeds that of opensea, and its market value is not high. Otherwise, if blur skyrockets, I will be bloodbathed by the bookmakers, so I only hedge. A part of it is a drop in the bucket compared to the whole thing.
All I can say is that Yixiao made people haggard and met a scumbag!
It currently takes half a year to get 500,000+ points and consume hundreds of eth (there are large accounts, small accounts, external investment accounts, cooperative accounts, etc.).
Careful phased evaluation blur: The cycle is unknown, the participation method is very important, there are opportunities but not outstanding. (I believe everyone involved will understand)
An old picture
Chapter 5, blur loan
1. Small opportunities in bear market
First of all, I am also working on my own studio. The starting point is that I have unexpectedly achieved some results in several previous projects such as aptos, arb, sui, sei, etc., so I am full of energy and focus on several big projects, such as zk L0 starknet, etc. , continue to increase investment, get numbers, invest, and get numbers. If others get more credits than me, I will feel anxious; if I don’t do the projects that others do, I will feel itchy; if others use premium accounts that are more premium than mine, I will top up!
In fact, this is wrong, Xiao Yu said: Whether it is starting a business or investing, you must believe from the bottom of your heart that 99% of your past achievements are due to luck, so that you can truly live well by being careful. As long as you are at the poker table, you may get them all involved if you are not careful.
For most investments, even 99% of investments, the first step is to manage money well and then look for opportunities. This is even more true in a bear market.
2. Do you want to earn 30% a year?
(1) Lending rules
blur is a lending system launched on May 1st. It is really awesome. How is it so awesome?
Before Didi, if you wanted to be a driver, you could only go to a taxi company. Large companies have many systems, low income, and no freedom.
With Didi, if you want to be a driver, you can do so at any time; orders can be matched freely; time is free; and the market is completely open.
Blu's lending is equivalent to Didi's, except that Blu doesn't take a commission.
When a player with NFT wants to borrow money, he can choose the loan amount, corresponding to different loan interest rates, and complete the loan;
From a professional point of view, BLUR's BLEND also has an innovation. It is the first to propose perpetual lending. In theory, as long as someone takes the order, the loan order can continue, and the borrower does not even need to do any operations; and then the operation of transferring the ownership with security is Very explosive,
Developed by uniswap v3 protocol developer Dan Robinson and Paradigm researcher Transmissions11.
I have a piece of monkey land and I want to borrow it
When a player wants to buy NFT, he can also choose the loan amount, corresponding to different loan interest rates, to complete the loan purchase;
Buy a monkey on loan
Borrowing money to buy NFT is equivalent to adding leverage to NFT. Contract leverage evolved into NFT leverage. When Musk sent a milady expression, milady rose from 2eth to 6eth in a short period of time. With blur, you can get 10 times leverage. Buy and go long. Of course, leverage is risky and should be used with caution.
When the loan is completed, NFT will be locked in the blur contract and cannot be transferred. It cannot be sold at a price lower than the loan amount + interest. The interest is calculated in real time. There are three options for the next step.
1. The borrower repays the loan in advance (or the NFT is sold; you can repay the loan in advance or sell it at any time, there is no time limit), pay the interest and the loan amount to the lender, and unlock the NFT.
2. The lender requires you to repay (24 hours after completing the loan, the lender can apply to require the other party to repay; or the lender chooses to deduct 250 loan points and directly require you to repay; usually when the price of NFT drops or the interest rate is too high (lower), the borrower has 30 hours to repay. If not, NFT will mortgage it to the other party and end the loan.
ugly big monkey
That is to say, if the borrower normally starts from the loan and calls for payment immediately, the time can last up to 24+30 for a total of 54 hours.
If he chooses to deduct points and close early, the loan will be closed at any time.
The logic of lending is roughly the same. The rules are not complicated. If used well, it is a good thing. If used poorly, you will lose money.
Then in the loan mode, various magical and bizarre situations will appear:
Very high amount of loan with 0 interest rate, free money is very comfortable
The borrower lends an amount of several hundred interest rates and enjoys the interest.
The amount that can be borrowed is equal to the amount of nft purchased, which can be purchased for 0 yuan
The amount that can be borrowed is greater than the amount of NFT purchased. I bought Big Monkey for 29.7, borrowed 30 immediately, and earned 0.3 in seconds.
Close the loan, the other party forgets to repay, and you get high-priced NFT for nothing
The boss rolled up the loan points, ltv90%, and the interest rate was reduced to 0.1%
Pulling orders to ship goods relies on lenders to ship goods
Wait~~
(2) Lender risk
Risks of being a lender in blur:
1. The amount you borrow must be put into blur’s capital pool. If blur is stolen or runs away (a big boss told me that when a capital pool is at the level of 10,000 e, then the security is okay, my Translation: The currency circle can be stolen at any time and there are risks at any time, so you must control it yourself)
2. NFT drops rapidly. If you close the other party without repaying the money, you will end up selling out. For example, if you lend 5e, the NFT you get back can only be sold for 4.8e.
3. The drop in eth is greater than the interest you earn (if you borrow eth, you need to include capital losses and interest; when hedging eth, you need to include margin and rates; if you don't hedging, you need to calculate the rise or fall of eth)
4. The interest is too little and is less than the cost of capital.
(3) The focus now is how to be a Didi driver (blur’s lender)
ugly big monkey
1. The green dot is the loan being executed
2. Gray refers to loans that have been closed by someone and are not suitable for refinancing. The interest rate starts to increase from 0 until it hits the white line or ends at 1000%.
3. The white line is the loan amount provided by the player, the horizontal axis is the amount, and the vertical axis is the interest rate.
4. 23.79 is the current list price. 23.46 is the current topbid price.
5. The yellow dots are loans with ultra-high interest rates or loans with ultra-high LTV, which serve as a warning.
First of all, you need to have a certain level of knowledge about most NFTs. This knowledge includes the market positioning of NFTs, long-term price trends, the current community status, the development process of NFTs, the founders, etc.
This understanding can be said to be very important, but it is also relatively vague, because the NFT track is affected by the general environment of the currency circle and the price of eth, so everyone can only work hard to design their own set based on their own understanding. plan.
Give an example specific to a certain nft
degod is an nft with high control, SUPPLY 8429, the owners are 2716 (30%), the current floor price is 3.44, and the top bid is 3.37.
In this interface, place the mouse on the gray point and you can see a small picture showing the amount and interest rate. You can click lend now to complete the loan directly;
You want to lend this degod 2.79, the interest rate is 32.8% annualized, the daily income is 2.79*1630*32.8%/365=4.08u, the gas to initiate the loan is about 2u, the topbid is 3.36, the safe price is 0.57, the degod bid price drops If it breaks 2.79, you will be out of position. So after you complete the loan, you have to calculate how much the bid will drop. You are about to close the order. Because there are 30 hours, give the market time to fall, and it will also take time to repay the other party.
Do you feel that the benefits are not high?
Take a look at the punk style of top students from Shenzhen University
Risks and benefits coexist
The loan amount is 44.2eth, the interest is 280%, the daily income is 0.339eth, and the accumulated interest is 1.57eth. It has been borrowed for almost 5 days, the LTV is very high, and it was successfully closed in the end. After all, interest is earned.
degod is the peak lending area
In the all loans interface, you can see all NFTs that are being refinanced. The borrow amount represents the amount that needs to be borrowed, LTV represents the proportion of the amount to the floor (I recommend using topbid to calculate it again), apy is the current interest rate, and time is the remaining time. refinancing time.
Here, you can click lend to directly complete the loan to him.
After obtaining this data, you must choose a lending location based on your personal experience and risk control.
For example, the LTV is controlled below 80, and the interest rate is strived to be the highest. This is the most stable risk control, but it is not absolute.
Judge the price based on the FUD situation in the market. In the early stage of FUD, the risk is very high; at the end of FUD, grab the right order as soon as possible.
Because of the trait bid mechanism, we can observe the bid prices of NFTs one by one, find high-quality NFTs, and give priority to them.
Find your favorite pictures
For example, for the same loan of 2.77, the topbid of 1691 is higher than the market price. Because it is a special NFT (containing rare elements), the risk of borrowing it will be relatively low. With the same amount and interest rate, it will definitely be given priority.
Here you can set the price yourself, maxborrow, lowest apy is 40%, then you can set 39.9%, size can be 1-n, set according to your own amount, after completion, you will have your white line, hit the gray dot The loan will be concluded. Here are a few points to pay attention to: there are robots that will lower the interest rate; remember to close lending when you sleep; the gray dots will delay threading, don’t rush; be careful to control the size at high prices
(4) Loan management
They're all babies
After choosing your favorite small pictures to borrow, you need to manage your loan orders.
Controlling the value of LTV is the key. When it exceeds the risk control line designed by yourself, you must turn it off decisively and regularly, and don't forget it while sleeping.
Of course, the price of many characteristics will exceed 100%, so you need to keep an eye on the bid of the characteristics, the depth of the bid, etc.
Are there any news from different NFT project parties? The impact of the news on NFT is absolute! For example, azuki and degod both experienced a fatal round.
The linkage of the overall price of nft, when azuki drops, the co-branded Azuki Elementals; Azuki Elemental Beans must be dealt with in time.
Pay attention to the bid price. If the loan amount plus interest is close to the bid price, you must calculate the closing time yourself and budget the value generated during the closing time to avoid unnecessary borrowing time.
(5) Loan income
Many people have criticized blur's lending, which is not perfect in many aspects. After all, it is still an innovative product, but I would like to say that at least it is innovative and has indeed brought a lot of convenience and advantages to the market. I hope the team will actively optimize and improve it.
At present, blur's loan tvl is almost at a new low. It is indeed what a bear market should be like, but this way no one will ask for your interest rate. When the funds are at their maximum, when a few big guys like CBB and Hanwei are causing trouble, the ltv reaches 90%. Above, the interest rate is less than 10%, which does not give retail investors any chance, let alone the opportunity to earn interest on loans.
To be honest, the rate of return on borrowing will not be very high. My title is 30%. It depends more on personal risk preference and luck. After all, the interest for more than half a year will be lost if you close the position once; small NFTs have no gas for borrowing or borrowing. Quite a few; with good lending rates, the other party will also close in advance; and the fluctuation of NFT market is even more metaphysical. The general direction can be predicted, but no one can predict the rise or fall for sure, so the yield rate is unknown. If you can do it 100%, someone will lose money. This is also a market where borrowers and lenders are playing games with each other.
Many people who come to the lender also lose money and leave. After all, saying that it is 100% safe with an annualized rate of tens of tens is just bragging. Therefore, it is not recommended for those who do not have the time, energy, and learning to spend.
Yield: Everyone’s risk control, everyone’s funds, and everyone’s luck are all related. One is fate, two is luck, and three are feng shui. Making money depends on fate, not to mention the already chaotic currency circle. It’s not perfect, it’s not. Stability represents risk, as well as opportunity and odds. I believe that most people come here to gamble with small amounts of money, not to manage money with hundreds of millions (except for the big guys).
Chapter 5 Ending
I picked out the chapters to write, and found one that was easier to write. After all, the writing style of the first chapter was average, and I tried hard.
The more I write, the more confused my thoughts become. I have forgotten many details later. I hope I have not misled anyone. I have not recommended blur to anyone. The recommended projects, especially the score boosting of blur, are simply worthless fighters. I am just looking for them in the garbage heap. Find something fun and tell friends who are interested.
I write articles purely to record and to find something to do. After all, I have loved it.
