Every day I habitually open the creation platform to see if there are new tasks available. I didn't expect that the UI interface has added a similar Kaito creator influence panel, which allows for a more intuitive view of each creator's influence and ranking data!
Currently, only @Caldera Official and @WalletConnect and @Huma Finance 🟣 can participate, but with An An's strength, it won't be long before many more projects are added.
$3.4B in ETH Lost Due to User Errors – A Wake-Up Call for Crypto Users
Conor Grogan, Head of Product at Coinbase, has issued a serious warning: over $3.4 billion worth of Ethereum (ETH) has been permanently lost due to simple user errors on the blockchain.
What Went Wrong? The major causes of these losses include: Typing or copying wrong wallet addresses Bugs in smart contracts Lost access to wallets (e.g., forgotten passwords) NFT minting mistakes
Some of the biggest ETH losses due to errors include
Web3 Foundation: Lost 306,000 ETH due to a Parity multisig smart contract bug
QuadrigaCX: Lost 60,000 ETH from a smart contract issue
Akutars NFT Project: Lost 11,500 ETH during a flawed NFT mint
Around 25,000 ETH (≈ $92M) was intentionally or mistakenly sent to Ethereum burn addresses, making it unrecoverable
To avoid similar mistakes, users should always double-check: The correct cryptocurrency being sent The wallet address and blockchain network Memos or tags, if required by the receiving wallet Even though smart contract errors are now less common, most crypto losses today still come down to human mistakes. One wrong letter in an address can send your crypto to a dead wallet forever.
Mistakes in crypto are often irreversible. Always review every transaction carefully—because in blockchain, there are no do-overs.
This project called WalletConnect-Giveaway is not just an airdrop, but rather a complete redesign of the user relationship in Web3.
We are used to completing tasks, waiting for snapshots, and seeking airdrops, but the logic behind $WCT is quite different.
It resembles a decentralized user cognition test, rather than simply giving away money. Here are three insights I gained from my in-depth observation:
1⃣ What does the project measure? Not addresses, but behaviors.
The mechanism of WalletConnect-Giveaway transforms us from bulk address spammers into individuals acting on a trajectory:
How do you bind your wallet? Using your main wallet or a new account?
Will you maintain continuous interaction? Or will you just complete the tasks and leave?
Are you operating solo, or are you starting to invite others to join?
This is actually a user behavior consensus network; those who truly leave a mark in Web3 are closer to being genuine participants.
2⃣ The task design behind it is an on-chain identity filter.
Many people only see that completing tasks earns points, but in reality, it is building its own LayerZero/Galxe style on-chain DID.
The distribution logic of $WCT is not based on who comes first, but on who stays.
Bound wallets, invitation logic, and behavioral timelines are all part of future on-chain identities.
You might think you are just completing tasks, but you are actually establishing a new type of credit scoring model.
3⃣ Lastly, why are many people quietly participating? Because they see the long-term mechanism.
Many major airdrops in the community have adopted the task → snapshot → token distribution routine, while @walletconnect's approach is “task → behavior tracking → network topology → layered empowerment.
To put it simply:
Early taskers earn points Stable participants receive WCT mapping In the end, they can also access ecological rewards, cooperative chain airdrops, and cross-platform DID points Whoever can keep active in this behavior pool may not just earn once but gradually connect to multiple new ecosystems.
This is not merely about completing a few tasks; it is about entering a system that can convert your on-chain behaviors into value.
Those who understand should not wait until the end to catch up.
Do you often feel that just holding cryptocurrencies feels a bit wasted? You can actually try #SoftStaking , which is commonly referred to as earning interest on your holdings. This allows your assets to work for themselves and earn some returns, without having to worry too much.
In simple terms, #SoftStaking means that you hold some specific cryptocurrencies, such as BNB, ADA, SOL, on a platform or wallet that supports this feature. You don't have to do any complex operations; the system will automatically reward you. Unlike traditional staking, it doesn't require locking up your assets, and you can trade, transfer, or withdraw your coins at any time, which allows you complete flexibility.
From my experience, #SoftStaking is quite hassle-free. I can trade and withdraw my coins anytime without affecting the interest earnings. Occasionally logging in to see the additional rewards is quite a pleasant surprise, and since it doesn't require locking, there are daily rewards, and many tokens are supported. It's suitable for those who don't want to deal with too much hassle but still want their assets to earn a bit more.
It's important to note that cryptocurrency prices can be volatile. If the price drops, it might offset the earnings, so holding for the long term might be more appropriate.
Overall, if you already have these cryptocurrencies, instead of letting them sit idle, why not try this way to give your assets a little extra yield without hindering your flexibility? It’s quite practical.
💡 How to enable interest on holdings?
【App】 Click "More" → "Finance" → "Interest on Holdings" → "Activate" the cryptocurrencies you want to participate in.
The whole process can be completed in a few minutes, and then you just wait to receive rewards daily.