Just happened to encounter Binance's regular compliance verification Need to submit some source of funds I asked a friend, and they said it's best to have bank statement This is troubling, I have never bought U...... I can only look for trading records at a competitor.
I am ready to start investing Saving 0.1 BTC to the wallet every month In about 20 years, my child should be 18 years old With 24 BTC, my child should be able to avoid 20 years of detours
Benchmarking the Hundredfold Myth Microstrategy Analysis SRM | Teaching You How to Buy US Stocks
Justin Sun has been promoting the TRON microstrategy for a while now, which should be familiar to everyone. Essentially, TRON has merged with a Nasdaq-listed company (stock code SRM), and it will initiate a strategic reserve approach similar to that of Microstrategy, using TRX as the strategic reserve of the listed company to start a coin hoarding model.
The above image shows the market chart for SRM, with the current price around 8 dollars and a market cap of only 137 million dollars. So why do I say that SRM has prospects? Please see the chart below.
The chart above is the stock market chart for Microstrategy. From the chart, we can see that when Microstrategy first hoarded Bitcoin, the stock price was about 12 dollars. A few years later, the stock price reached a peak of 543 dollars, and the company’s market cap grew a hundredfold, with Bitcoin hoarding yielding a floating profit of 20 billion dollars.
So, as the second seed player in this track, the SRM+TRX combination has a market cap that is 10 times lower than Microstrategy’s before hoarding coins, and TRX’s market cap is 7 times lower than Microstrategy’s before hoarding Bitcoin. In terms of both odds and prospects, it is comparable to the Microstrategy+BTC combination.
If you are a novice and don’t know how to buy US stocks, how can you get on this train?
Let me introduce you to an on-chain product — MyStonks. You can click the link below to enter the website, connect your wallet for KYC, and then deposit USDT into the website to easily trade US stocks with USDT.
MyStonks link: https://t.co/pTGam8vGVB
In fact, if we look at SRM's growth from news exposure until now, it might be around 6-7 times, but a closer analysis of the market cap shows only 137 million dollars, while TRX has a market cap of 25.7 billion. Based on the market cap ratio of Bitcoin to Microstrategy, SRM's current reasonable market cap should be higher. It hasn't started the flywheel coin hoarding yet, but once it does, with Justin Sun + SRM + TRX, it will be invincible.
Help a group friend ask a question If there is 100 degrees of free electricity every day Then if you buy a mining machine to mine BTC What would be the investment cost and daily output roughly?
The Sudden News I thought my group friend's sexual orientation was an issue Actually, I didn't help him much So I was still surprised that he would thank me like this But I am also quite emotional about one thing In the same group, at the same time Some have A7, some make a small profit, some are just keeping pace, some have gone to zero The results you are getting now Are all a reflection of your own understanding, experience, and luck I hope this group friend gets better and better, and I hope all of you get better and better
What is killing two birds with one stone: The value and prospects of TRON's micro strategy
Recently, everyone knows about the big news that TRON has achieved a reverse merger listing on the US stock market through a partnership with NASDAQ-listed company SRM, while SRM will replicate the 'Bitcoin MicroStrategy' model to launch the 'TRON MicroStrategy', listing TRX as a reserve asset on its balance sheet and starting a coin hoarding mode. After the news broke, SRM's stock price surged 11 times to $12.8.
So, does everyone understand why it’s so crazy?
First, I need to explain what Bitcoin MicroStrategy is, which is a company called MicroStrategy that raises funds by issuing convertible bonds and equity to continuously increase its Bitcoin holdings as a long-term corporate asset reserve.
So how has the outcome of this micro strategy deployment been?
MicroStrategy's first purchase of Bitcoin was in August 2020, when it bought 21,454 Bitcoins for $250 million to initiate its strategic reserve. As of now, MicroStrategy holds a total of 592,345 Bitcoins, valued at $64 billion, with an average cost of $70,681.
It has been almost five years since the initiation of the Bitcoin strategic reserve, and MicroStrategy's stock price has risen from $11.78 to a peak of $543, with the Bitcoins held accounting for about 2.9% of the total supply, resulting in an unrealized gain of $22 billion.
History seems to be repeating itself with SRM and TRX.
Currently, SRM's stock price is about $8.7, which is very close to the stock price when MicroStrategy initiated its Bitcoin strategy, and both have adopted the same model, with Bitcoin MicroStrategy and TRX MicroStrategy targeting two different mainstream tokens.
Over the past five years, MicroStrategy's stock price has increased more than fifty times, reaching a market capitalization of hundreds of billions, while Bitcoin's price has increased tenfold. So, will the smaller market capitalizations of SRM and TRX create an even higher myth of appreciation?
What happened after the reduction? TRX flywheel starts accelerating the deflation mode
The story began two weeks ago when the TRON network passed the reduction proposal by a large vote, which officially came into effect on June 13 at 14:00 Singapore time. The proposal aimed to lower TRX block rewards and voting rewards to optimize TRX's deflation model.
Two weeks have passed; what changes have occurred in TRX's deflation after the reduction?
I checked the data from TRONSCAN, and TRX has been continuously deflating for 16 days, and has been in continuous deflation for 13 days since the proposal passed. During this period, a total of 85,594,649 TRX were destroyed, generating 51,190,720 TRX, resulting in a supply reduction of 34.4 million, valued at 9.32 million USD.
At this rate, due to the passage of the reduction proposal, TRX is actually experiencing a net daily deflation of 1.1 million tokens compared to before the reduction, accelerating the deflation by 40 million tokens per year, valued at 10 million USD.
We all know that TRX's total supply is currently only 94.8 billion, with an annual deflation of about 1.5 to 3 billion. After the reduction proposal passed, the annual deflation rate will be increased by 12% to 24% compared to the previous rate. Reduction - deflation - price increase - strong ecology - accelerated deflation - price increase, and TRX will soon start running the invincible flywheel.
The next-generation DEX will definitely allow you to buy US stocks! MyStonks, the dual-killing of crypto and stocks
Yesterday I saw that MyStonks updated to a new version, and at the same time, the price of $STONKS suddenly skyrocketed. I knew that this time I had made a prediction in advance because I happened to be researching MyStonks the day before the surge... I also bought a bit of crypto on the side, but to be honest, MyStonks is definitely a product with great prospects.
Aggregating multi-chain trading: One webpage dominating the entire network
Currently, MyStonks has aggregated SOL, BSC, ETH, Base, SUI, TON, TRON, almost all mainstream ecosystems can be traded here. All on-chain tokens from these seven public chains can be bought and sold on this one webpage, no need to look for DEXs or bots across different chains.
In the future, it will also support contracts and options, at that time it will be a decentralized exchange that integrates spot, contracts, and options, and just this one module’s functionality has aggregated countless products.
Safe and convenient cross-chain bridge: saving the trouble of looking for bridges again
As an on-chain player, cross-chain used to be a major headache for me (it seems like it still is now) because funds need to circulate between different ecosystems, and each bridge supports different public chains. My bookmarks actually have many bridges stored, but MyStonks has currently aggregated over 20 public chains, providing an extreme experience for players who frequently circulate funds on-chain.
If nothing unexpected happens, it will support even more ecosystems in the future. I estimate that MyStonks will become a full-chain ecosystem product, a one-stop trading and profit-making product.
Stonks100: Watching others go crazy in US stocks? You can too
Recently, Sun's SRM and the parent company of USDC have been skyrocketing, and there are rumors that OKX is going for an IPO. Many people are making a fortune in US stocks, but the threshold for US stocks is quite high. At least I am not very clear on where to play and how to play, so Stonks100 provides this platform for crypto players. Here, you can purchase over XX US stocks (sorry, I really didn’t count because there are too many), just a simple KYC + recharge, saving you from the threshold of US stocks, and you earn the same money!
I see that it will support options in the future as well. Setting aside the bridges and DEX mentioned earlier, this point has already won against 99% of the products on the market.
Gold and forex bulk trading: Isn't this killing DEXs?
Although the product hasn't launched yet, I've already thought about MyStonks’ future positioning, aggregating full-chain trading, contracts, options, cross-chain, US stocks, gold, and forex products, it feels like the ultimate form of DEX, as if everything can be traded.
I estimate many people don’t have the mood to read this far; for those who have, I’ll just say you’re awesome. Since you’re here, go to my link; this thing is legit, not just hot air.
Go to MyStonks to buy US stocks and make money: https://t.co/pTGam8vGVB
Where to earn idle funds? Invest in crypto on Binance!
Recently, many classmates have been making a lot of money, and many have come to ask me about financial management knowledge. I usually like to engage in low-risk investments, arbitrage with U-based currency, or high-yield DeFi. Recently, I participated in some financial management options on Binance, so I can share some insights.
First, I plan to divide this into three parts: capital preservation and earning coins, on-chain financial management, and dual currency investment, each representing different levels of operational difficulty and returns, of course, increasing sequentially.
1. “Yu'ebao” that even beginners can operate — Capital Preservation and Earning Coins
Binance's capital preservation and earning coins can simply be described as a crypto version of “Yu'ebao,” divided into flexible and fixed terms. The flexible option can be redeemed at any time without any restrictions, compounding interest every minute. The fixed term locks in for a specified period, but it's important to note that if you redeem before the lock-in period, you will lose all interest, and the arrival time is about 48 to 72 hours.
One point to note is that in the fixed term of stablecoins, there is a label “Easy Deposit and Loan for Coins.” When subscribing to such fixed-term products, users need to match orders to enjoy the displayed yield rate. Before that, they can still enjoy the flexible interest rate, and of course, they can redeem at any time before matching.
Actually, most of the time, the deposit yields in some on-chain DeFi protocols are higher than those on exchanges, so this is an entry-level operation. However, there are many things to pay attention to and complexities involved. Each DeFi protocol has different yields, currencies, requirements, subscription limits, redemption periods, and the public blockchain they are on. For beginners, this requires thorough research.
As shown in Figure 1: Here, I recommend everyone use Binance Wallet to participate in the on-chain financial management of the recommended DeFi protocols. The main reason is security; first, there is no possibility of private key theft with the wallet, and secondly, the recommended DeFi protocols have been verified for higher security.
As shown in Figure 2: Binance Wallet often has financial activities that everyone can pay attention to in real-time, all involving different currencies. Some stablecoin financial activities can even reach an APY of 15%. However, before participating, you need to pay attention to the public blockchain of the protocol, subscription requirements, registration time, and redemption date. Most importantly, you must subscribe from the wallet activity interface; otherwise, you will not participate in the activity.
As shown in Figure 3: In fact, there are various on-chain DeFi protocols. As seen in the figure, USDT exists in many protocols, each with different requirements and yields. However, the wallet makes it convenient to directly click to withdraw from the supply interface, as long as the corresponding currency is available in spot trading.
As shown in Figure 4: Different protocols in wallet financial activities have different operational standards and processes. As seen in the figure, this activity has ended, so the APY has returned to normal at about 7%. During the event, the subsidy was 14%+, but it required exchanging USDT for USDX and staking to obtain sUSDX on the event interface. I incurred a loss here because I didn’t carefully check the requirements and missed out on a few days of earnings. Also, redemption takes 24 hours, and these requirements are detailed in the information. No matter what activity you participate in, you must first read the important notes carefully.
Actually, I haven't participated much because I have a clear understanding of my trading level. However, if you have considerable trading skills, this is an extremely lucrative area, with APY yields as high as 400% that I have seen.
Taking BTC in the figure as an example, the current marked price is in the upper right corner, and in dual currency investment, there are different directions, terms, prices, and APY. The direction here represents your operational direction, the term represents the time you invest, the price represents the standard price at maturity, and the APY represents the annualized return you can obtain.
For example, if I choose a high selling price of 108,000, a term of 1 day, and a yield of 140.92%, this means I will use BTC to invest in dual currency investment. When settling tomorrow, if the BTC price is greater than or equal to 108,000, I will receive the USDT from selling the BTC I invested at the price of 108,000 plus the USDT earnings generated at an APY of 140.92% for that day. If the BTC price is less than 108,000, I will receive the BTC earnings generated at an APY of 140.92% for that day.
If I choose a low buying price of 107,500, a term of 1 day, and a yield of 155.84%, this means I will use USDT to invest in dual currency investment. When settling tomorrow, if the BTC price is less than or equal to 107,500, I will receive the BTC that I can buy with the USDT I invested at the price of 107,500 plus the BTC earnings generated at an APY of 155.84% for that day. If the price is greater than 107,500, I will receive the USDT earnings generated at an APY of 155.84% for that day.
Failing to buy low has high interest, while successfully buying low can lead to bottom fishing. It sounds very complicated; however, I think it's easy to understand. If it’s really too complicated, you can treat it as a tool for wave trading with guaranteed returns without having to monitor the market, and then you will be invincible!
Interpretation of USDD and Smart Allocator | The Most Transparent Stablecoin Strategy
Recently, with the update of the USDD protocol, a new section called Smart Allocator has been launched. A few days have passed, and I found that many friends in the groups actually do not understand this, constantly asking me what it is, whether it is safe, if it will affect PSM, and if there will be losses? So today I still prepared to write another article to explain some basic knowledge about it to everyone.
1/ Will Smart Allocator affect PSM liquidity?
There will be no impact at all. I found a picture for everyone to take a look at; the first picture shows the PSM liquidity for USDD to USDT exchange two days ago, and the second picture shows the current situation, where you can clearly see the changes in the chart.
The reason is that PSM liquidity will be flexibly adjusted according to USDD's TVL and real-time conditions, so there is no need to worry about this. Therefore, there are no issues with the price of USDD, including since its inception, USDD has never had a price depeg for more than 6 hours.
2/ Is there any risk for USDD users with Smart Allocator?
There is absolutely no risk. Because the Smart Allocator protocol clearly states that the user's principal will not be affected at all, and once systemic risks occur, losses will be borne by the protocol.
The reason is that USDD's Smart Allocator is a completely transparent on-chain high liquidity low-risk strategy, ensuring safety is the top priority. Compared to stablecoins in the same field, USDD's strategy is the safest and has the highest level of transparency, and users can check the on-chain reserves at any time on the official website.
3/ Does Smart Allocator have any impact on USDD users?
There is no impact at all. In fact, having an independent strategy for a stablecoin is a very normal and common thing; many stablecoins even do not disclose their strategies, making it impossible for users to trace the real-time dynamics of the reserves.
However, USDD's strategy is completely publicly transparent on-chain and on the official website. Based on the principle of 100% transparency for users, the direction, amount, and addresses of the funds are fully disclosed and can be queried at any time, so there is actually no impact, it can only be said to be more transparent.
In fact, USDD does not need to launch this section to do similar things; even the PSM liquidity on the official website does not need real-time tracking, after all, it is 1:1, and it only needs to ensure exchange liquidity. Doing these things is entirely for providing users with a more transparent, safe, and reassuring experience. From this point, we can also see USDD's determination for the safety of user assets and being supervised.
Missed NEWT Big Hair | Projects worth checking out by Kaito
Yesterday I saw my brothers thumping their chests, missing out on NEWT, and they all started to work harder. However, many people might not have a goal and don't know which project to focus on. I had my cousin research overnight and compiled a few for everyone.
1/ @wardenprotocol with $50 million in funding
Warden is an L1 public chain based on Cosmos, enhancing developer and user experience through AI, modular security, and cross-chain interoperability. By participating in the testnet, tasks, or community activities, you can accumulate WARP Points that can be redeemed for tokens at a 1:1 ratio in the future. Similar projects to reference include ATOM, TIA, etc.
2/ @boundless_xyz with $54 million in funding
Boundless is a cross-chain ZK protocol that uses zero-knowledge proof technology to achieve efficient and verifiable computing capabilities, allowing developers to build high-performance, privacy-protected Dapps on any public chain. You can currently earn protocol rewards by running proof nodes to generate ZK proofs. A few months ago, they launched a free Berry Mint NFT on Base, which may also have future benefits.
3/ @theblessnetwork with $8 million in funding, but highly regarded across the network
Bless is a Depin project that I started mining last year. You only need to install a plugin in your browser. Previously, it was mentioned that the mainnet is expected to launch in Q1 2025, but the end of Q2 is approaching, so it should be soon if all goes well. Those who haven't mined can still participate; I've put the link in the comments.
I am also striving hard, so if you pass by, please give me some interaction, and let's all boost each other.
Seven Years of Sharpening a Sword | TRON Will Eventually Welcome Its Own Era
At its inception, TRX was an ERC-20 token. Seven years ago today, on June 25, 2018, TRON migrated from Ethereum to its own independent mainnet TRON, becoming a decentralized public blockchain that operates autonomously. This day is also known as TRON Independence Day.
On June 25, 2018, the price of TRX was 0.038. Seven years later, the highest price of TRX reached 0.45, nearly a 12-fold increase, marking the growing number of users who have joined and believe in TRX.
Since TRON became independent on June 25, 2018, it has grown from 0 to currently having 315 million accounts, with an average of 45 million new accounts added each year and an average of 123,000 new accounts added daily. More and more people are starting to use the TRON network.
On June 25, 2018, the first transaction on TRON was made. As of now, there have been a total of 10.7 billion transactions over the past seven years, averaging 1.53 billion transactions per year, 4.2 million transactions per day, and 50 transactions per second. A total of 104.28 trillion in transaction volume has been generated, averaging 28.34 million dollars in transactions per minute over the past seven years.
In seven years, TRON has grown from 0 to a giant. I wonder if Justin Sun ever thought seven years ago that TRON would develop into what it is today, growing into one of the most popular blockchains, the blockchain with the highest issuance of USDT, and the most popular payment ecosystem.
The two parties involved in the fight shook hands and made peace Trump also got a loan for the building The market has risen again The group has returned to its usual noise and commotion The teachers deleted their tweets about watching bears and started giving stock tips As if nothing had happened Only you know that your position can never come back
Latest News: Trump Pardoned His Cousin After a year, cz has finally regained his justice I saw a sentence at the end of the article Perhaps this pardon allows cz to re-enter the Binance management I wonder if his cousin will consider returning?
TRON's protocol revenue has grown significantly From TRONSCAN, it can be seen TRON's protocol revenue has increased by 136% over the past year An increase of 18.45% in the last 90 days, 7.58% in the last 30 days, and a growth of 25.48% compared to yesterday Protocol revenue reflects the development trend of a network How can we say that TRON is not getting better and better?
What is Smart Allocator? USDD starts earning on its own
Today, I habitually opened the USDD official website and saw an update. The homepage has a new navigation bar called: Smart Allocator, which means intelligent allocation. I was puzzled, what is this? Later, after a closer look, I found that Smart Allocator is a significant change in the USDD economic model.
What is Smart Allocator?
To put it simply, it is USDD's own income strategy, which invests a portion of the funds in the protocol into some stable DeFi or lending protocols to generate income. This portion of the income is returned to the users, making the economic model healthier and more sustainable.
What are the advantages of Smart Allocator?
1/ Healthier economics: In the past, USDD's staking rewards were subsidized by TRON DAO, initially adjusted linearly from 20% based on the issuance amount to the current 6%. When the smart allocation of USDD is launched, it will directly reduce dependence on TRON DAO subsidies, forming a healthier and more sustainable token economics.
2/ Safer guaranteed mechanism: Most DeFi protocols or stablecoins in the market cannot bear risks without a guaranteed mechanism, but USDD is different. Due to its unique PSM mechanism, users can exit at a 1:1 ratio at any time, and Smart Allocator promises that users' principal will not be affected in extreme situations.
Where is Smart Allocator currently operating?
According to data from the USDD official website, a total of 350.05M USDT has been allocated in this sector, with 300M allocated to AAVE and 50M to JustLend. Meanwhile, USDD promises that this allocation will always be conservative, prioritizing high liquidity, market-validated, and stable protocols, and will adjust strategies at any time.
What distinguishes Smart Allocator from other stablecoin strategies?
In fact, stablecoins will ultimately move towards self-sustainability; it is unrealistic and unhealthy to rely on any subsidies for profit indefinitely. I saw in the official documents a horizontal comparison of the profit strategies of three stablecoins.
First, in terms of funding sources, both USDD and MakerDAO come from protocol reserves and are both risk-borne by the protocol or DAO, so users' principal will not suffer any losses, which is better than the strategies of Frax and some CEXs. However, USDD's protocol rewards are higher than those of MakerDAO.
Secondly, in terms of strategy, USDD has completely disclosed the fund allocation of the protocol reserves on-chain and has published it on the official website. Compared to MakerDAO's partial on-chain and Frax's risk strategies, as well as some on-chain and CEX's completely off-chain strategies, it is more transparent, secure, and regulatory-compliant.
In simple terms, this is a change in token economics. By investing reserve funds into low-risk, high-liquidity DeFi protocols, it provides USDD users with a sustainable income mechanism instead of a self-subsidy approach. This also indirectly confirms the robustness and safety of USDD, as well as the upgrading and adjustment of market strategies.
The proportion of USDT on TRON has reached a new high of 51.74%
Due to personal habits, I always pay attention to the current situation of stablecoins. Recently, I saw people discussing TRON's USDT, so I took a look at the general situation.
A total of approximately 80.7 billion USDT has been issued on TRON, with an increase of about 3 billion in the past month and an increase of about 20.9 billion in the past year.
The issuance of USDT on TRON and Ethereum has maintained a balance with a slight difference in the past, but this year TRON has suddenly surged, and the stablecoin ecosystem is becoming increasingly robust, surpassing Ethereum by now with 6.9 billion more.
The total issuance of USDT is currently approximately 155.965 billion, of which TRON accounts for about 80.7 billion, thus TRON's share has reached about 51.74%.
The stablecoin ecosystem on TRON is getting stronger, and there is something many may not have noticed: USDD has become the second largest stablecoin in the TRON ecosystem. We will continue to discuss USDD in our next content.