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The battle for Wormhole to acquire @StargateFinance is one of the most courageous battles in the history of crypto business warfare.

Although the Stargate DAO ultimately passed the acquisition proposal from @LayerZero_Fndn with nearly 95% support, the Wormhole battle ended in failure.

However, the spirit of striving for the impossible is worth learning for every crypto project.

This also symbolizes and continues the tenacious spirit of the holder of $W .

The moat of a public chain does not lie in financing, nor in technology, and not even in the diversity of its ecosystem, but rather in the originality of the ecosystem and its oligopoly degree.

The stronger the originality, the higher the oligopoly degree, the better the moat effect.

For example,

meme launchpad @pumpdotfun to @solana

decentralized prediction market @Polymarket to @0xPolygon

intention layer Near Intents to @NEARProtocol

Perp DEX @GMX_IO to @arbitrum

This also explains well why the lifecycle of high-performance public chains born in this cycle is so short. That is the absence of a moat.

#blockchain

The industry you are overly involved in has been turned into a toilet by celebrities, yet you are still helping them push their behinds.

#KANYEWEST #YZY

Horseshoe Chain @0xPolygon seems calm on the surface, but in reality, there are undercurrents, as if brewing some opportunity.

In the past week, on-chain data has shown significant changes, with a net inflow of $150 million in funds over 7 days.

Combined with Defillama data, the market value of stablecoins on Polygon has surged by 20% in the past week, indicating that the massive influx of funds into the Polygon chain mostly comes from stablecoins.

So where are these stablecoins flowing in the Polygon ecosystem?

Among the top-ranked protocols by TVL, the prediction market @Polymarket has absorbed approximately $12 million, Uniswap about $16 million, and other protocols show no significant changes in TVL. There is a huge gap between the liquidity of stablecoins flowing into the on-chain ecosystem and the $150 million inflow.

I have reason to believe that these stablecoin whales are waiting for an opportunity on the Polygon chain; have they discovered something?

#Polygon #Polymarket

Linea has missed another great TGE opportunity, you are not useful when given the chance.

#Linea

Witnessed the foreign language zone $BTC maxi battle $ETH maxi, the core debate revolves around the inflation rates of the two.

According to ultrasound data, since Ethereum's transition to PoS, the annual inflation rate has dropped to 0.133%, which is 10 times lower than Bitcoin's inflation rate.

E Guardian believes that Ethereum's extremely low inflation rate means ETH is more scarce, concluding that Ethereum's value is far undervalued.

However, I resonate deeply with one of the points made by $BTC maxi: Scarcity should be measured by the difficulty of output/mining; the higher the difficulty, the stronger the scarcity attribute.

From the perspective of output difficulty, Ethereum does not possess such scarcity. Therefore, comparing the value of Bitcoin and Ethereum from the inflation perspective is unfair.

The reference point for ETH as a world computer should not be positioned as Bitcoin, which is viewed as a store of value; it should be comparable to TradeFi's NVIDIA.

So, why not have both? Only children make choices.

What is the essence of decentralization in crypto projects?
Distributed management without a single entity monopolizing, anti-censorship, community autonomy, fault tolerance;

In plain language:
The project team rug pulled.

The BTC maxi of $ETH cannot be called a B Guardian;

The ETH maxi of $BTC cannot be called an E Guardian;

If you are optimistic about both BTC and ETH, you cannot obtain the honor of a "Guardian" and can only sit at the children's table.

In order to make black slaves wholeheartedly contribute, the project party invented four tricks:

Make grand promises
Suppress competitors
Buy favorable articles
Win over KOLs

A person is awakened in the middle of the night by a text about being liquidated, no one told them, this is growth;

A person is awakened in the middle of the night by a text about being liquidated, only told their group friends, this is love;

A person is awakened in the middle of the night by a text about being liquidated, opens the plaza and sends 'feels good', this is the KOL you have added to your key follow list.

#广场挖矿

The project founder is crazy about playing charades on CT:

@LineaBuild head @DeclanFox14: 42

@monad co-founder @keoneHD: 310

@union_build co-founder @0xkaiserkarel: 0xba5ed

@anoma co-founder @adrianbrink: maybe something

The competition within the project has already spread to the founders engaging in abstraction.

#Monad

The brand of a public blockchain is not meant to drive up the price of the tokens, but to launch new projects.

If you go long on the native token because of the brand effect of the public blockchain, you will unwittingly fall into a trap.

Horseshoe Chain @0xPolygon The strategy this round is really abstract:

Don't be fooled by the continuous price drop of $POL coins, but the narrative of the project created by the A3 team is indeed impressive.

Decentralized human x AI network @billions_ntwk

Defi dedicated chain @katana

Edge blockchain @0xMiden

All are from the hands of Polygon.

#Polygon

Top line:
If you go long, you will endure pain

Bottom line:
If you go short, you will lose happiness

Horizontal inscription:
Double explosion of long and short

The airdrop patterns of project parties that are friendly to the Chinese mod community are generally quite good,

In contrast, the airdrops from project parties that exploit the Chinese mod community are basically counterproductive.

Mysticism.

ZK summer is coming:

Union token $U has been deployed on the mainnet;

Boundless announces a snapshot for the zk prover Prover;

Linea's on-chain TVL has returned to 300 million dollars and rumors suggest a checker will be released next week;

Make ZK Great Again.

#ZK

If you experienced the collapse of the $UST stablecoin with a 19.5% APY back in the day, then I think you should think twice about the on-chain DeFi opportunities that offer over 20% APY stablecoin yields this time around.

You can't fall in the same place twice, right?

#稳定币

Before you prepare for a rug pull when your NFT project is struggling, reflect on whether the problem lies with you:

1/ Have you publicly apologized to the community like the founder of Azuki and handed over revenue to the community to regain trust?

2/ Have you, like Azuki, issued useless tokens and airdropped them to NFT holders to empower them?

3/ Have you, like Azuki, started selling limited edition tourbillon watches after the token has plummeted and there's no way back?

If not, then the problem is yours.

#azuki