风无向

First of all, FTOM’s USDC is almost all bridged by Multi, which we call USDC.Multi. Contract address: 0x04068DA6C83AFCFA0e13ba15A6696662335D5B75. The current total circulation is 180 million, which means that the 180 million USDC on FTOM are all composed of USDC on other chains. Value anchoring. Approximately 120 million were transferred to these 6 addresses. It is said that it was transferred by hackers, but in fact everyone knows about it.

0xefeef8e968a0db92781ac7b3b7c821909ef10c88 30 million (all USDC has been frozen) 0x027F1571ACA57354223276722DC7B572A5b05cD8 27 million (all USDC has been frozen.)

1: Stark has long made it clear that early users of StarkWare engine partners DYDX, IMX, and Sorare will receive airdrops. This is clear. And it occupies a huge proportion.

2: The earliest user of cross-chain bridge, early bird. Semi-definitely there is an airdrop.

3: For future mainnet users, the project team has clearly stated that in order to avoid witch attacks, they will not be given a large number of airdrops, and may only be given GAS subsidies. No excess Alpha level benefits will be given.

Including future airdrops reserved for the community, they are also airdrops that will clearly be equivalent to the GAS subsidy level. It is basically difficult to achieve alpha-level excess returns. So I basically didn’t masturbate much. Because after the ARB airdrop, Stark's addresses and activity increased exponentially, I believe that the project side will have very strict screening or give relatively low quotas, and the odds and price-performance ratio will be very limited.

First, ENJ issued a governance proposal and obtained $EFI, another token previously issued by $ENJ’s parent company, which can be exchanged for $ENJ on July 30 at a ratio of 1:4. The price of EFI is 0.06 (4X $EFI=0.24), while the price of $ENJ is 0.29, which is calculated to have a profit margin of more than 20%.

Governance proposals:

How I did it, in three days, I collected 800,000 $EFI on OKX and UNI at a price below 0.06. The liquidity of EFI was very poor, so I could only buy slowly, and the trading volume in a day was only more than 100,000 U. My 800,000 EFI is equivalent to a 20-day exercise, which can be exchanged for $ENJ at a price of 0.24 at 7.30. $ENJ is listed on Binance, and the liquidity is much better than EFI. The daily trading volume is about 10M, and there are contracts.

The TVL of $MAV is only half of Trader Joe's, the influence and trading volume of DEX are only one-tenth of Joe's, but the FDV is four times higher than $JOE. Moreover, MAV’s future mining will have a lot of emissions, which will be unlocked by the team and investors. The selling pressure is huge.

I really can't think of any reason not to short $MAV.

Don't use the circulating market value for valuation, I only use FDV for valuation, because the short position I choose is very low leverage, and the long-term operation may hold the position for a long time. However, I can maintain a high winning rate.

Remember, shorting overvalued targets with low leverage on a per-margin basis is also a very reasonable profit-loss ratio. shit only.

Previous articles

Although the price is still okay, the liquidity has dropped sharply, and the time for sharp rise and fall is coming soon.

https://www.binance.com/zh-CN/feed/post/551924?ref=96398399&utm_campaign=web_share_copy

It has confirmed my suspicion. However, I feel that with the previous sharp drop in liquidity and now the withdrawal of market makers, liquidity will be even worse. It is very important to observe liquidity in the next month. It is expected that there will be another big wave in the next two months, and there should not be a big rebound. The market will fall into a long-term low liquidity, constantly washing and washing at the bottom, until the impatient people cut the meat, the chips change hands, and the Federal Reserve Cut interest rates and the next bull market is coming.

After OP's Bedrock was upgraded, OP's GAS was actually reduced by half, reaching the same level as ARB. However, MetaMask is currently not compatible, and the default is 1.5 GWEI GAS, so it still seems very expensive. Manually adjust to a GWEI level of 0.001 to achieve the same GAS level as ARB. Let's wait for Metamask to be compatible. Comparing the fee for the same Wrap an ETH transaction, it is even lower.

From the current experience, the price and speed of OP are close to the same. However, OP’s ecological fund places too much emphasis on blue-chip projects that have established roots and is not very friendly to grassroots projects. ARB is a little more prosperous. However, with the upgrade of Bedrock, I am more optimistic about the development of ecosystems such as Perp and LSD in OP, because the transaction prosperity brought about by the reduction of fees is obvious.

As I said before, although this wave of rise has indeed nearly doubled compared to the previous bottom.

However, the liquidity of the entire currency circle is still very poor, which can be seen from the transaction volume.

The previous summer of MEME brought a steady decline in assets other than BTC and ETH. This shows that the overall liquidity is still outflow. The market sentiment is still pessimistic.

I have discussed with a friend before that the liquidity crunch caused by the Federal Reserve's interest rate hikes and the innovation of AI continue to make capital more inclined to AI, because the emergence of ChatGPT allows capital to see the huge potential of AI, and WEB3 allows them to I don’t see such big expectations. Recently, many projects have had IDOs and token issuances, or have aborted and died halfway, which actually makes WEB3’s VCs feel cautious and not optimistic. Without the continuous inflow of capital, I really don’t know where the bull market will come from. .The withdrawal of some institutions will inevitably tighten the liquidity of the entire industry, leading to a sharp decline.

As shown in the text, although BTC and ETH are currently at high levels, the overall market liquidity is relatively poor. There are many reasons. First, the tightening of liquidity caused by the Fed's interest rate hike is a long-term reaction.

Secondly, market makers like Jump are shrinking. In order to make up for previous losses, Jump’s recent market-making projects have all been sold out as soon as they go online without exception. It is also reported that Jump will withdraw from the US encryption market.

The recent copycats, without exception, have experienced heavy losses. Even top L2 blue chip coins like ARB cannot escape this fate. And BTC and ETH did not rise sharply as blood-sucking altcoins. MEME Spring is also over. Ushered in a wealth transfer. The market looks shaky, save your chips, L2’s ARB and OP’s once-in-a-lifetime bargain hunting opportunity should be coming soon.

As the MOVE duo, SUI has always been a king-level project that competes with APTOS. However, because the SUI project is still in its early stages, there are certain uncertainties in its technology and development prospects. The price of APTOS that has been launched is only 10U. Based on the supply of SUI, even if SUI is 1:1 APT, the price of SUI is only about 1 US dollar.

In fact, it is difficult for SUI to reach this price level, because currently Binance and Coinbase have not announced that SUI will be online, and there is a high probability that it will not be online in the short term.

With the support of only a few other second-tier top platforms, the price may not be too ideal. Users on the whitelist who do not lock their positions in the first phase will most likely choose to cash out, and users who lock their positions will also choose to short-sell after the contract goes online. profit.

The macroeconomy is currently in a severe recession, and the inflation rate is also falling, which means that the price level is falling overall, which is deflation. This situation has implications for investments of all kinds, including cryptocurrencies. Cryptocurrencies have long been considered a safe-haven asset, with their value unaffected by government intervention and unaffected by inflation rates.

However, the instability of the current macroeconomic environment is taking its toll on the cryptocurrency market, causing cryptocurrency prices to fall. One of the main reasons for this situation is that most people are facing economic instability and their consumption and investment decisions have become more conservative.

The world has been suffering from Opensea for a long time. It burned a lot of users' GAS. Although Opensea did not make a profit on GAS, the high 2.5% handling fee made OS make a lot of money. According to previous data, the handling fee income should exceed 1 billion US dollars. Coupled with the high royalties from the OS support project parties, the market liquidity is scarce, making it very difficult for large whales to enter and exit, and they are forced to become diamond traders.

But today I am convinced that it is indeed possible for opensea to issue coins, not just the so-called former GEM, which is the Opensea Pro that was renamed today. But it is indeed possible for Opensea to issue coins. Let me start from three angles.