夏天的季节

Today (September 9) the introduction of the Switchboard (SWTCH) and Avantis (AVNT) projects are online, both in the evening.

Today's projects include one expected to go live at 20:00 and one that has announced to go live at 21:00. Villagers notified to scan their faces can arrange it after dinner. Below are the introductions to the two projects:

Switchboard (SWTCH)
Introduction: Established in 2021, raised $11 million, a Solana ecosystem project. Provides fast, customizable on-chain oracle services.
Total Supply: 1 billion
Circulating Supply: Not disclosed
Contract Address (SOL): SW1TCHLmRGTfW5xZknqQdpdarB8PD95sJYWpNp9TbFx
Launch Time: Expected 20:00
Launch Exchanges: Binance Alpha, Bitget (21:00)
Evaluation: Raised $11 million, Solana ecosystem, on-chain oracle services. The founder is American, a former Circle analyst, and a partner at Manna Trading & Ventures. American projects usually have a certain scale, recommended to pay attention to.

Avantis (AVNT)
Introduction: Established in 2023, raised $12 million, BASE chain ecosystem, decentralized finance (DeFi), derivatives, and consumer technology. The founder is American Ah San, serving as an investment partner at Pantera Capital.
Total Supply: 1 billion
Circulating Supply: 205 million (20.5%)
Contract Address (BASE): 0x696F9436B67233384889472Cd7cD58A6fB5DF4f1
Launch Time: 21:00, Binance contract 23:00
Launch Exchanges: Binance Alpha, Bitget, Bybit, Gate
Evaluation: An American Ah San project, established in 2023, raised $12 million. BASE chain ecosystem, decentralized finance (DeFi). The leading investor Pantera Capital is also a partner, so the fundraising may be a handover between left and right. Recently, another American Ah San project OPEN has been quite influential; let's see how this one performs.

Support Justin Sun: The Truth and Prejudice Behind the WLFI Blacklist Incident

Recently, the World Liberty Financial (WLFI) project, supported by the Trump family, blacklisted Tron founder Justin Sun and froze about 2.94 billion tokens in his hands, sparking heated discussions in the cryptocurrency community. On the surface, WLFI accuses Justin Sun of dumping tokens through the HTX exchange and depressing prices, but this is more like a trampling of the decentralized spirit by centralized power. Supporting Justin Sun is not only due to his contributions as a pioneer in the crypto industry but also because this incident exposes the double standards and injustice of the WLFI project party.

Firstly, Justin Sun @justinsuntron, as the largest individual investor in WLFI, invested $75 million early on, holding as much as 595 million tokens, accounting for 3% of the released tokens. He publicly promised not to sell tokens and clarified on social media that the transfer was merely for "exchange recharge testing", with an insignificant amount that was not enough to impact the market. On-chain data shows that his recent transfer of 5.28 million WLFI was worth only $1.19 million, far from the so-called "malicious dumping". In contrast, the WLFI project party can freeze large amounts of assets at will, which contradicts the decentralized philosophy of DeFi and raises questions about its transparency and fairness.

Secondly, Justin Sun @sunyuchentron's contributions to the crypto field cannot be overlooked. He has promoted the development of blockchain technology through Tron, and his investment in WLFI not only injected liquidity into the project but also attracted market attention, helping it overcome early fundraising difficulties. WLFI now has a market capitalization exceeding $5.8 billion, and Justin Sun is indispensable. In contrast, the project party pointed fingers at Justin Sun without sufficient evidence, which is in fact a diversion from its own management mistakes regarding price fluctuations after token unlock.

Lastly, the close ties between WLFI and the Trump family, along with the SEC's involvement, indicate that the project itself is fraught with political and regulatory risks. Justin Sun being blacklisted is more like the project party finding a "scapegoat" to quell market doubts. Supporting Justin Sun means supporting fairness and transparency in the crypto world. WLFI should publicly disclose its blacklist mechanism, stop abusing power, and let DeFi return to its decentralized essence!

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