「KET officially launches the second week of the 50,000 USDT zero-cost activity!」
After the Spark airdrop, Cookie currently has only two rankings left, one is #Sapien and the other is #ket
Sapien has no end time, but Ket will end this Saturday with a direct airdrop. Today is Monday, so let's get started, write a tweet and post it in the comments, if there’s nothing just comment #ket and I’ll break the points for you!
@yellowcatdao The rules for this week haven't been released yet, I’ll check the founder @nobsfud's tweets and interpret two pieces of information
1⃣️ The founder just announced the purchase of 1 billion USD worth of $avax $ket, the specifics of the purchase haven’t been disclosed, but it’s clear that the $Ket founder is really wealthy, otherwise this project would have already gone to zero like other meme projects on the avax chain
2⃣️ The founder said this week will be very pleasant, so the upcoming rules may bring us surprises! This time, ket may have a broader reward range and higher amounts
In summary, $ket may generously increase rewards this time, let's wait and see!
Let’s take a look at the recent on-chain situation of $Ket, the trading volume has significantly increased these days, currently with a market value of 550 million USD, liquidity of 5.2 million USD, and daily trading volume exceeding 10 million USD
#ket is currently the only short and quick activity for cookie, don’t think the reward range is too narrow and give up, perhaps your first #ket tweet could get you into the top 10, I’ve seen too many such miracles at @cookiedotfun!
「Cookie Pure Zero Play, a project gives away 2.5 million USD airdrop」
Yesterday, I was educated while scrolling through Alpha, initially hoping for a zero play but unexpectedly got rekt... Don't be sad, there's a real zero play here to recover some losses.
Cookie's second leaderboard has started, #Sapien is offering a reward worth 2.5 million USD, all you need to do is tweet or comment #sapien to participate! Leave your tweet and I'll interact with you to break the points~
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Many people actually haven't fully understood how @cookiedotfun works: it's different from traditional airdrops, there are no task funding costs, just rely on your words 😂
When you post tweets, comments, likes, and retweets on the leaderboard, the system automatically scores you for each action. When the leaderboard scores are settled, the airdrop allocation is distributed based on your points proportion during the leaderboard period.
@PlaySapien is launching this round on @cookiedotfun, the leaderboard has just started, and the points weight is still in the cold start window. The algorithm currently provides a base score of 0.021, and the effective points for each piece of content are still not low. The earlier you start accumulating, the more your early weight advantage will widen as the overall score level rises later.
📌 Participating is simple: 1⃣ Register an account at @cookiedotfuncn and connect your wallet. 2⃣ Enter the Sapien leaderboard and complete the tweet publishing task. 3⃣ Comment and interact with others' #Sapien content, each valid comment can accumulate #Cookie points. 4⃣ Points will be ultimately distributed proportionally based on the leaderboard allocation.
In the current market environment, pure interactive zero play is actually much friendlier than gambling on coin flipping risks. @playSapien's current #Cookie leaderboard still belongs to the initiation bonus period, and the points weight has not yet escalated, starting early is an advantage.
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Those who haven't registered can use the links below, each link can only be used once! https://t.co/8wNaxrqcZA https://t.co/X70btDSMbi https://t.co/4b5wgsWcFg https://t.co/hldodcH0ec https://t.co/qPUjThvHNm https://t.co/sbEDjX9xaO https://t.co/PozvuxEgSH https://t.co/rOwhyQUgin https://t.co/laFDWbWG6g https://t.co/CxDOBlF77w
📌 Project Introduction @PlaySapien is a decentralized AI data labeling platform, founded in 2023, aiming to engage users in AI model training through gamified tasks. Users can complete image, text, and other labeling tasks via their mobile phones, earning points and USDC rewards. The platform covers over 70 countries, supports 235 languages, and serves clients like Alibaba and Midjourney. It has raised 15.5 million USD, with investors including Primitive Ventures, among others. A Telegram mini-program will be launched in 2024 to lower participation barriers, emphasize data transparency and user sovereignty, and promote AI and human collaboration.
After experiencing last night's earthquake, let's take a look at today's Binance Alpha scoring data.
Yesterday, due to the earthquake, many people resigned on the spot. If you are still holding on, you can see what the remaining contestants are trading and what their losses are👇
1⃣️ Yesterday, the number of participants was 190,000, today it has dropped to 30,000. 2⃣️ Today's losses are concentrated around 3.5u. 3⃣️ $ab currently accounts for 65% of the trading volume, with $seraph in second place. 4⃣️ Yesterday, 10% of people chose to resign.
After experiencing last night's earthquake, let's take a look at today's Binance Alpha scoring data.
Yesterday, many addresses resigned on the spot. If you are still holding on, you can see what the remaining participants are trading and how much they have lost👇
1⃣️ Yesterday, there were 190,000 participants, and today it has dropped to 30,000. 2⃣️ Today's losses are concentrated at 3.5u. 3⃣️ $ab currently accounts for 65% of the trading volume, with $seraph in second place. 4⃣️ Yesterday, 10% of people chose to resign.
Resignation. Where to find a wear of 0.2u now, basically all are 0.4-0.5U, and there may also be a late drop. It's completely entered the secondary game.
Anyway, a batch of studios has already died, today at 16 points there should be no more than 100,000 left.
Binance alpha has already played out, 16 points for a month with 5 airdrops, cost 900u, profit 500u, who is still grinding?
The second week of Ket activities has started, with a weekly zero-cost participation opportunity of $50,000!!
Did you lose points today? Just honestly return to #cookie; at least here you only need to participate verbally, without any cost...
After waiting for a week, $ket has finally launched the second week of zero-cost participation! As long as you post or participate in comments with #ket, you have a chance to be on the leaderboard and receive airdropped points! ⚡️ If you haven't scored yet, leave your tweet or comment with #ket here, and I'll help you gain points!
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$KET will launch a new round of activities tomorrow at @cookiedotfun. The rules haven't been fully released yet, but based on the rhythm of the project these past two weeks, we can roughly guess the direction they're testing.
The last leaderboard model has already filtered out the first batch of active players. The community atmosphere and content density are on the rise. If you look over the past two weeks, Cookie hasn't released a new leaderboard, while $KET has been quietly working on things.
Staking, eKET, AI arbitrage, cross-chain gameplay—all of these are slowly being tested. This is completely different from most meme projects that merely focus on emotional hype; it is gradually trying to embed the entire meme narrative into financial logic.
The biggest uncertainty in this round of activities is actually the reward distribution logic—whether the project will continue to focus on leaderboard competition or distribute more rewards to the public square to attract new players. You can see the direction they want to adjust in the short term.
Looking back at the rhythm of $KET over the past period, it has already proven one thing: it's not just relying on hype to attract funds, but on real participation to thicken overall liquidity. A meme with a market cap of hundreds of millions can maintain its activity, and the stability of the market really speaks volumes.
Tomorrow at @cookiedotfuncn, the leaderboard will open. Brothers, get ready for yourself. Once the rules are out, keep a close eye on it. After all, if $KET can stabilize its rhythm, it might be the one that lasts the longest in this round of AVAX memes!
To be honest, I never thought leaving Binance would be this way.
I used to think that as more and more people joined, the profits would decrease, and eventually, we'd exit.
I didn't expect that the real exit would be losing half the money due to being cut off.
Does Binance really not care? Release another alpha, hold a competition, and then suddenly crash it after a few stable days, is the life of retail investors not worth anything? @binancezh @cz_binance
"Binance Alpha Distribution Day 24: Koge Has Started Harvesting"
Damn it, just brushed alpha, made two trades and found out that $koge can't be sold anymore, starting with 1030U of capital, now only 700U left, damn it 🤬 @48Club_Official
Directly harvesting, damn it, stop brushing zkj/koge, a month of airdrops is gone
「Cookie's Second Ranking: Participate Actively with Sapien」
Sapien's track is data annotation, which seems to have a low ceiling compared to public chains, DEXs, etc. If you really think so, you are gravely mistaken!
First, a summary: Sapien's competitor in the same track, Scale AI, is valued at 13.8 billion, and the data annotation market is already a multi-billion dollar industry. 🚨 So, Sapien's mere allocation of 0.5% for cookie rewards can at least be valued at 2.5 million USD! That means you can casually tweet and earn a few hundred U without any investment.
@PlaySapien says it's not competitive, but that's not true; our @cookiedotfun founder @fwielanier is just above me in the ranking, I am 17th and he is 15th 😂. However, it also reflects that being on the #cookie leaderboard requires excellent content; even if you are a founder, you cannot randomly gain points!
Back to #Sapien, today I will talk about the interactive tutorial of the project itself.
Currently, it’s a win-win situation: one is earning cookie points by tweeting, and the other is earning Sapien project points, both are completely free, so get started!
To explain Sapien more clearly, data annotation is not a new thing; it’s just that every day, someone gives you 100 images to label for AI, and the model learns, optimizes, and improves continuously based on this data.
In the past, most of these labeling tasks were outsourced to low-cost regions like Africa and Southeast Asia. This work is very profitable, but the workers receive very little. For a long time, it has been monopolized by a few platforms and the big companies behind them. The most outrageous part is that the Google image verification you often click on is also helping the platform make money.
@PlaySapien has identified this gap: data annotation > platform > ordinary people. It breaks down the data annotation process directly for all willing individual users, allowing everyone to participate in data annotation as a training task with lightweight and standardized tasks. Contribute data and earn rewards; for the first time, data profits genuinely flow back to the data producers themselves.
So how to participate? 👇
Specific gameplay: 1. Register and join the platform by visiting Sapien's official entry: https://t.co/NlXjRaYcLp to create an account, which can be done via email or EVM wallet. 2. Complete the onboarding tasks. After logging in, go to the task panel, connect social accounts (Twitter, Discord, Farcaster, etc.) to earn points, for example, +100 points for each. 3. Start training AI. The platform provides short tasks, such as “Vehicle Poisoning”, and you will earn Sapien points or rewards for completing each task. 4. Earn rewards. The accumulated points can be exchanged for platform tokens in the future. The platform is currently in its early stages, and the first batch of users has the opportunity to participate in airdrops.
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Link to register for cookie: https://t.co/hldodcH0ec https://t.co/DNFOgPRxsT https://t.co/8yzjuMEP5w https://t.co/jI5o3SZlIU
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You can follow the big players on the leaderboard~ @466Anan @BibsTheExplorer @Carlitoswa_y @xiamolianvou @huoshan007 @HM010169 @TianCi_Club @MEJ50749 @Mimoo1201 @chenxiaoyi688
"Cookie has another killer move: Sapien's second list is giving away a big giveaway"
Sapien has just completed a $10.5 million financing, and it can't wait to launch Cookie's airdrop. It seems that it is well prepared!
The Sapien list has just been launched, and everything is in the early stages. I plan to build a Cookie community to help everyone spread content. 📌Throw your first#Sapientweet in the comment area, and I will interact first~
To understand what @PlaySapien is doing, we have to start with AI. In the past few years, AI technology has advanced by leaps and bounds, especially the wave of large models, which has made the scale and quality of training data a bottleneck. Model training does not lack computing power, but lacks high-quality, diverse, and continuously updated data, and the collection and labeling of this data is often the most expensive, most scattered, and most labor-dependent part.
If you surf the Internet frequently, you will find that many websites have a verification, which may be some animals, asking you to identify how many cats there are, or traffic lights, asking you to point out the location of the traffic lights. Do you think these operations are the website verifying that you are a human machine? Actually, it is not. Every click you make is providing samples for AI. You are free and cheap labor🌚
Individual users who participate in it have almost never received any rewards.#PlaySapienwants to dismantle and reshape this set of logic that was originally implicit, one-way, and value-grabbing by the platform - let the data production rights return to the hands of individuals, so that the labeling behavior itself can be quantified, recorded, and incentivized, and become a sustainable and tradable on-chain labor network
The most core changes are two points:
First, lower the participation threshold. The tasks are designed to be lightly gamified, such as identifying animals in images, labeling car VIN codes, etc., and ordinary users can participate in the fragmented time of their mobile phones. It does not require any professional thresholds, does not rely on skilled labelers, and maximizes the coverage of the population
Second, direct cash. Complete tasks to get USDC rewards, and the chain will be instantly credited. No points, no platform points, or delayed redemption of points malls. Users know what they are labeling and how much the data is worth, and the platform does not have to bear the lengthy credit endorsement and points economy maintenance costs
This combination of "light threshold + cash incentive" is naturally suitable for small training data markets with extremely scattered data needs and fragmented task types.It is difficult for large model companies to organize manpower to do such fine-grained annotation, but Sapien has formed a data supply system with high cost performance by distributing manpower to fragmented users all over the world, diluting production capacity.
Logically, @PlaySapien is actually doing two things: turning data supply into a traffic business; turning data annotation into a labor business
This is not a fantasy. Variant, Animoca, YGG, Folius, and several other funds are willing to bet in the early stage. In essence, they value this market with structural supply and demand imbalance: AI companies are in urgent need of long-tail data, and long-tail data is extremely difficult to solve with traditional employment relationships. Disassembling the supply-side structure is what Web3 can do
In the next article, we will introduce in detail how to use Sapien for free 🪂 #sapien#cookie#spark#cookiedotfun #snaps
‘Did Spark backstab Cookie with last night's airdrop? After a month of participation, there’s nothing to show’
Last night, Spark released an airdrop link, and many brothers who participated together for a month did not receive the airdrop
Spark's airdrop only snapshots data from two months ago, so did Spark backstab @cookiedotfun players?
Not really, this airdrop is merely local, and after reviewing the airdrop distribution, I found that Spark's vision is indeed grand!👇🧵
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First, let me explain the rules of this airdrop:
This is called the Ignition Airdrop, with a total of 300 million $SPK airdropped, distributed in two phases:
Airdrop query: https://t.co/ghjAtCeY6h
→ Ignition main airdrop (which is now) → Overdrive staking expansion phase (to be opened later)
The core of Ignition Units is to make precise allocations:
→ Meeting different chains, different protocols, and specific amounts of funding behaviors, calculating airdrop quotas based on shares; → Includes stablecoin holdings, lending protocol participation, liquidity provision, Pendle, Ethena, and other major protocol behaviors; → Each condition requires a certain starting amount (thresholds like $1,000/$5,000/$10,000, etc.)
In simple terms: as long as you have genuinely put money into DeFi and participated in fund management before, you may be covered; but if you only engaged in some low-value experimental interactions or missed the time snapshot, you might not be in line for now
This airdrop shows that #spark is shining a light on the big players in the entire DeFi track
So what’s the significance? As the saying goes: the bigger the airdrop, the larger the vision, and the higher the coin price, and the airdrop targets the big players in the DeFi track. These big players may not have anything else but just a lot of money, and they are also early governance users of other DeFi projects, which is very important for Spark. #Spark itself focuses on a liquidity management model combining stablecoins and lending, so the early governance participants must have a certain depth of funds and understanding
Projects like @sparkdotfi have a different approach compared to other tracks. With the participation of significant funds, a highly sticky long-term governance community can be formed. When the project goes live, there will not only be strong buying pressure but also attract more big players to enter, driving the coin price higher
What about those who did not get it? Does that mean there are no more opportunities? Not at all!
Ignition is just the first phase, and there will be an Overdrive enhancement phase lasting for up to six months afterward.
Staking will yield additional rewards;
→ There will also be Pre-farming, Layer3 task points, and other supplementary releases later; → Community governance airdrops and long-term staking incentives are also in the pipeline
Because the vision is set high, each subsequent batch of releases could far exceed the current single airdrop, especially as the governance pool grows larger, the feedback space for the community will also increase
By the way, the airdrop from @Cookiedotfuncn is still ongoing, worth 5 million USDT
This is equivalent to twice the airdrop for listing on Binance Alpha, 200 USDT per person is not an issue, right? Once listed, it could start at 1000 USDT #cookiedotfun
If you haven’t registered for #cookie, you need to hurry up~ https://t.co/gyDDNmNy5N https://t.co/hldodcH0ec https://t.co/8yzjuMEP5w https://t.co/URlAiaCpCq https://t.co/URlAiaCpCq
「Always believe $Ket will always be emotional, big airdrop countdown 3 days!」
After the first round of airdrop distribution, the token marked $0.45, and a week later reached a recent high of $0.58
@yellowcatdao is building every day, and the community atmosphere is very good. Especially after collaborating with @cookiedotfun, more people have learned about this yellow fortune cat 🐱
The second round will start on the 15th, and the official rules have not yet been announced. I guess founder @nobsfud is holding back a big move while preventing bots from coming in, trying to give rewards to real users #ket
$ket 24-hour progress On-chain activity 24-hour trading volume approximately $14.62 M USD Corresponding market cap approximately $480.3 M USD Trading volume/market cap ratio approximately 3.0% Liquidity pool reaches $4.96 M USD Indicating stable funding support for trading depth on DEX Total supply 1 B, circulating 100%, no platform lock-up, tokens fully released @BTCzizi Data compiled by Zizi
$KET is the core of @YellowCatDAO, not just a meme, but an innovative project in the #avax public chain ecosystem!
Check the staked Cookie tokens, the airdrop is coming!
📌Official profile for Cookie OGs, link your wallet where you staked $cookie
Meet the following criteria to receive the OG badge 1⃣️Subscribers of cookie premium 2⃣️Staked cookie and received bronze level
This OG badge should be part of the upcoming airdrop distribution, a portion for the leaderboard, a portion for staked users, to stimulate the increase of project tokens
No major moves this month, I expect to prepare for the third airdrop project, it's been too long since users have had rewards, and users can easily become mentally and physically exhausted
For staking, I recommend at least 100u to get bronze, and if you have the funds, go for 1000U for silver; currently, the price of $cookie is 0.24
Staking link: https://t.co/uJ9ohgpVBS
The amount and duration of staking correspond to different levels, detailed as follows👇
Lock-up Period: 30 days lock: 1x points (no bonus), APY: 1.01% 90 days lock: 2x points, APY: 3.98% 180 days lock: 3x points, APY: 8% 365 days lock: 5x points, APY: 12.41%
Points calculation formula: Total points = Staked amount × Daily points (1) × Lock days × Points multiplier
Example: Staking 100 $COOKIE for 180 days, total points = 100 × 180 × 3 = 54,000 points
Why is it said that Spark will definitely launch tokens next month?
I have finally reached the first position in Spark, thanks to all my family members 😭
I believe that being at the top is largely due to my writing from different perspectives on Spark. Today, I will discuss from a political standpoint why Spark will launch tokens next month! As usual, since I am number one, comment #spark and I will interact with you for bonus points. Earning 1 point is equivalent to 100 USDT!
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@sparkdotfi Excluding the influence of #cookie on token issuance, I think the more important aspect is the political context.
This year, when Trump took office, the entire DeFi sector began to enter a policy premium window.
Just this month, the SEC introduced an innovative exemption framework, which essentially means: US-compliant DeFi will become a new experimental field for policy support.
Don’t think that the US government has figured it out; I believe it is likely that Trump’s heir is paving the way for USD1, as USD1 is a stablecoin and also belongs to the DeFi sector. Therefore, the regulations issued in advance also benefit the entire DeFi sector.
DeFi, which has wandered in the gray area of on-chain finance for many years, is being allowed for the first time to grow and strengthen under regulatory scrutiny. This loosening of regulations has allowed established DeFi projects like Uni, Aave, and Lido to see the light of day.
In the past few years, Uniswap has been constrained by policy pressure due to its dividend token design. Even though its liquidity is far ahead, its token price has remained flat for a long time. Aave, as the largest lending pool on-chain, broke its historical TVL record again yesterday, but its token price still couldn’t break through the ceiling. But now it’s different; once the policies are implemented, these established projects will welcome a second spring.
While the established projects are breaking free from their constraints, don’t forget our rising star, Spark. The DeFi newcomer represented by Spark is on the rise.
Spark has the right timing, location, and people; the strong drive from policy allows Spark’s innovation to be fully released.
The biggest regulatory pitfall for traditional DeFi is credit expansion and black-box risks, while Spark completely bypasses these two red lines: the credit layer remains with Sky, and Spark is merely a pure execution engine for on-chain capital allocation.
Funds can only circulate within a whitelist; all positions are closed and transparent, and the risk control model is extremely strict—allocation limits, daily injection rates, risk reserves, and Junior Capital backing are all rigorously enforced. This structure essentially has fully converted the traditional financial asset management model into a complete on-chain system, becoming a new species that aligns best with the logic of 'US-compliant DeFi.'
More importantly, Spark has the Sky system backing its credit. Sky currently has an annual revenue of 320 million USD, a market capitalization of 2.5 billion USD, and a P/S ratio of only 7-8 times, making it one of the cheapest cash flow businesses in the industry 😂
Sky’s high-intensity buybacks and staked closed capital pools continuously compress systemic risks, turning the entire ecosystem into an on-chain version of a quasi-sovereign wealth management system. Sky is the capital pool, and Spark is the execution arm—logically, it is already infinitely close to the model that institutions will need most when they enter the market in the future.
Therefore, Spark’s upcoming token launch, on the surface, seems to be the launch of a sub-project of Sky, but in essence, it is taking advantage of the window period of US regulatory dividends and institutional migration, directly rehearsing the next round of mainstream models in on-chain asset management.
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Spark is so amazing; can we take advantage of it? Of course! 👇
1⃣️ Currently, you can deposit stablecoins USDS to earn interest while also receiving airdrop points.
2⃣️ Spark has launched the first leaderboard in cookie with a prize of 5 million USD! Even if 10,000 people share it, there will still be 500 USD each, with a low entry barrier and high rewards. > Enter @cookiedotfun and link your Twitter account. > Comment on #spark related tweets on Twitter, and getting a reply will secure your points. > Tweet about Spark, you can write from various angles.
Those who haven't registered for #cookie should hurry up! @cookiedotfuncn does not require any funds; you can easily earn airdrops!
Since it has just started for less than a month and is still in its early stage, the following links can only be used once ⬇️ https://t.co/I4sMqdt2kX https://t.co/gyDDNmNy5N https://t.co/hldodcH0ec https://t.co/DNFOgPRxsT https://t.co/8yzjuMEP5w https://t.co/URlAiaCpCq https://t.co/7nio4vofI5 https://t.co/jI5o3SZlIU https://t.co/K2Llu5OCBq https://t.co/JOzRejGhE5
You can follow the big names on the leaderboard: @lubijiaocheng @0xjiaming @egyptk6 @rob1in_kcex @cryptolisa @bubblebing_666 @moyu_777 @captain_kent @jing_0517doge @0xdogacan @chubaiweb3 @Zhaogongming_ @jiao_newlife
「Cookie's second weekly airdrop opens in 4 days: Ket 50,000 USD reward」
Sorry guys, there was a mix-up yesterday; the second event starts on the 15th, not this week 😭 Here, I will give away 10 servings of pig trotter rice; just comment #ket
Why I want my brothers to cherish #Cookie is that whether you are just starting your account or have thousands of followers, it's hard to get advertisements, but if you have creative ability, you can earn money on #cookie by creating content, and this cost is not less than accepting ads!
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@yellowcatdao $ket gave away 50,000 USD last week to the top 25 on the leaderboard, and this mechanism made many people feel unfair. So after the event, the founder @nobsfud reflected and listened to opinions in Chinese, deciding to start the next round on the 15th, but the specific amount and rules have not been disclosed
But I blindly guess, 1⃣ the amount will increase 2⃣ the number of participants will be relaxed. The reward airdrop may be increased to 100,000 USD, and the number of participants may be tiered: 50,000 USD for the top 25, and the remaining 250,000 USD shared among 75 people, totaling 100 participants. This is currently relatively fair and can continue to motivate creators; otherwise, it would be hard to attract creators to the leaderboard of 25 people
› ••••••••• ‹ Daily check-in~
$KET is the native token of the @YellowCatDAO project, running on Avalanche
#YellowCatDAO is a community-driven decentralized project aimed at combining DeFi and AI technology to create an ecosystem governed by users
$KET serves not only as a medium for transactions but also allows holders to participate in community voting to decide the project's direction. Thanks to the high speed and low fees of the Avalanche blockchain, the trading experience of $KET is smooth, suitable for various users to participate
The project highlights several features: > AI cross-chain trading: Optimize cross-chain trading through AI technology to improve efficiency and returns > Community governance: Users holding $KET can vote through DAO (Decentralized Autonomous Organization) to influence project decisions > Avalanche ecosystem: Relying on Avalanche's high performance, transactions are fast and low-cost > Token mechanism: The design of $KET encourages community participation and long-term holding
「Ket 15th opens the second round, this time the rewards」
Sorry brothers, there was a mix-up yesterday, the second event opens on the 15th, not this week 😭 Here I will draw 10 portions of pig's trotters rice again, just comment #ket
Why do I ask the brothers to cherish #Cookie? Because whether you are just starting out or have thousands of followers, it's hard to get advertising, but if you have creative abilities, you can make money by creating content on #cookie, and this fee is not less than getting ads!
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@yellowcatdao $ket gave out 50,000 USDT airdrop to 25 people on the leaderboard last week, this mechanism made many feel it was unfair. So after the event ended, founder @nobsfud reflected, listened to opinions in Chinese, and decided to open the next round on the 15th, with specific amounts and rules not disclosed
But I blindly guess, 1⃣️ the amount will increase 2⃣️ the number of people will be relaxed. The reward airdrop may increase to 100,000 USDT, and the number of people may be tiered, 50,000 USDT for the first 25 people, and the remaining 50,000 USDT to be shared by 75 people, totaling 100 people. This is currently relatively fair and can continue to incentivize creators, otherwise, the leaderboard of 25 people will find it hard to attract creators again
› ••••••••• ‹ Daily check-in~
$KET is the native token of the @YellowCatDAO project, running on Avalanche
YellowCatDAO is a community-driven decentralized project aimed at combining DeFi and AI technology to create an ecosystem governed by users
In this, $KET is not only a medium of exchange but also allows holders to participate in community voting to decide the project's development direction. Thanks to the speed and low fees of the Avalanche blockchain, the trading experience of $KET is smooth and suitable for various users to participate
The project emphasizes several features: > AI cross-chain trading: Optimizing cross-chain trading through AI technology to improve efficiency and returns > Community governance: Users holding $KET can vote through a DAO (Decentralized Autonomous Organization) to influence project decisions > Avalanche ecosystem: Leveraging Avalanche's high performance, fast transactions with low costs > Token mechanism: The design of $KET encourages community participation and long-term holding
Is Depin not great? Grass is the first to disagree, and recently popular ICN is the second to disagree.
What’s the story behind this ICN? Is it really that impressive? Yes, last month NGP @ngpcapital just invested in ICN with a valuation of 470 million USD. You may not have heard of this institution, but you must know Xiaomi, right? A national brand in China, this institution was an early investor in Xiaomi, and also an early investor in projects like Helium and Workfusion.
The money comes from a solid background, and the people are not simple either. The CEO of ICN is Kai Wawrzinek, a German who was the founder and CEO of Goodgame Studios, one of the largest web and mobile game developers in Europe during the Web2 era, with peak annual revenue exceeding 200 million euros and users in over 200 countries, ultimately acquired by the listed company Stillfront.
Why is ICN considered impressive? Mainly because the project data is outstanding; airdrops for projects with real revenue are often significant. 👇
Annual revenue has exceeded 5 million USD, with a year-on-year growth of over 2000%, serving more than 1,000 enterprise clients while maintaining continuous expansion. The current system has over 50PB of real-time operating data, with reserved orders exceeding 250PB, mainly from the European and American markets.
On the node side, ICN generated over 12 million USD in node sales revenue.
In terms of community and network infrastructure, ICN currently has over 250,000 community members and over 220,000 testnet users. The mainnet and $ICNT token are scheduled to officially launch in Q2 2025, with confirmations for listings on multiple mainstream CEX.
📌 Back to the technical aspects.
ICN's features lie not in the concept but in the structure. It covers the three essentials of cloud services: computing, storage, and bandwidth, not as separate entities but as a bundled offering, forming a unified protocol.
In terms of business, over 1,000 enterprise-level customers are currently using it, with the system processing an average of 50 million requests daily, actual data storage exceeding 50PB, and an additional 250PB of reserved orders pending deployment. The platform's revenue has surpassed 5 million USD, which is quite impressive in the depin sector or the entire web3 space.
Currently, infrastructure projects in Web3, especially DePIN, generally face issues of weak delivery capability and poor customer stickiness. ICN chooses the B2B market, starting product design with enterprise needs, ensuring a higher level of stability and standardization compared to protocols that lean towards personal applications.
It can basically be likened to depin + AWS, where the network is co-constructed by users, services purchased by enterprises, underlying architecture can sustainably iterate, and the revenue model is tied to hardware and nodes.
Whether this structure can reach its final scale depends on execution, but its path is indeed much more solid than most DePIN projects.
📌 How to interact.
The token distribution has been confirmed, with a total of 1 billion and an initial circulation of 700 million, of which 20% is allocated to node staking users. With a current valuation of 470 million, this allocation is quite cost-effective! https://t.co/ieaOqLuepb
If DePIN is to transform from a concept into an industry, ICN's B2B approach deserves long-term attention; I estimate that the expected returns from nodes should not be low, and participation is also an option.
The layout of the parent project determines the ceiling of the sub-project Sky & Spark
Just saw that Sky announced a buyback of nearly 3 million USD for $sky
The reason I am optimistic about Spark is largely due to the parent project Sky. Today, I will talk about why. 📌 As usual, comment #spark and I will respond with more points
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Sky currently has an annualized revenue of 320 million USD, with a market cap of 2.5 billion USD. This market cap is basically undervalued in DeFi, and with the project team continuously buying back, $Sky has been performing well recently
In May, it bought back 7.75 million USD worth of $SKY, and at the beginning of June, there were several days of intensive buying. Rune himself used staking rewards to buy back over 60 million $SKY, spending nearly 5 million USD in total
These bought-back coins are then re-staked, continuously locked up. This cycle of staking + buyback + re-staking compresses the circulating supply
This logic also supports the fundamental basis for the positive cycle of USDS
#Spark has grown into an on-chain capital allocation engine under this framework
@sparkdotfi initially started as an experimental subDAO incubated within the Sky ecosystem, but later became an independent executive hub for capital management. Its role is not traditional lending but directly managing the large capital pool held by Sky, engaging in yield management and capital allocation across the entire chain
Currently, Spark's capital mainly flows into three areas: One part is invested in DeFi, such as its own SparkLend, Morpho, and Pendle, among other mainstream protocols Another part flows into CeFi and RWA, like Maple, Centrifuge, and BlackRock Treasury, which focus on real-world yield
And another part does Basis Trade during bullish market conditions, such as high-leverage arbitrage models like Ethena. In a bull market, it dares to take risks for high returns; in a bear market, it returns to CeFi and earns the spread from government bonds stably
Remember how Sky has been buying back? These buyback funds are locked up and staked again, producing $USDS steadily every day, using these stable returns to continuously buy back $SKY, re-staking, creating a snowball effect
With the parent project's framework opening up, the core focuses on credit expansion + capital allocation, circulating and growing in DeFi. As the execution layer for capital allocation, Spark's scale will only continue to grow as Sky's asset size increases, becoming the first truly respectable on-chain asset management system in DeFi
This is also why I am optimistic about Spark! Not only because of the support from @cookiedotfun @cookiedotfuncn’s list, but also because I am looking forward to Spark's own points airdrop
The possible window for token issuance is either the end of this month or next month, so if you haven't stored USDS yet, you should hurry. At the beginning of the month, I bought $eth for 2500, collateralized it to borrow USDS and earn interest, and also earned airdrop points, effectively getting three benefits at once~
#cookie #spark #sky #snaps
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