Referring to the on-chain operation records of leaders like cbb, I have optimized the farm plan 1. Stake stablecoins in Dolomite, borrow $BERA 2. Stake all bera in Wasabi 3. The staking receipt sWbera obtained, half staked in Bearn, half staked in Infrared. Both are currently running point activities, and looking solely at cash returns, Bearn is higher 4. Daily mining rewards like yBGT and iBGT, don't be too ambitious, collect the rewards on a daily basis and immediately swap them for nect (stablecoin) 5. Deposit and stake nect in Beraborrow
Basically pure stablecoin arbitrage, the downside is that the APY is relatively low, likely between 20-30%
$BERA Taking advantage of this price increase, I exchanged all my mining spot for honey at a price of 3.62. Although I lost several coins compared to the previous price of 4.0, I made a small profit in USD terms. Consider it a week of DEFI experience. I will exchange back after the May Day holiday to continue mining coins.
Bear Chain Mining Pool Risk Analysis (Personal Perspective).
I have been following the price fluctuations of xBGT on Berachain for a while, enjoying the honey but also taking hits. The risk ranking of various mining pools is as follows (personal perspective)
1. USDC|HONEY, BYUSD|HONEY and other dual stablecoin pools, stable and steady, of course, with the lowest annualized return of 3-5%. Used as a hedge before a market crash occurs.
2. Single-coin stake pools, such as Bera, sdWBera, sWBera, the first choice for coin-based farming pools under normal market fluctuations, will never lose Bera.
3. Various xBera|Honey's xBera composed of stablecoins. Similar risk to type 2, slightly higher risk, but also slightly higher returns; there will be no loss of Bera under non-extreme market decline.
4. Various xBGT|xBera's xBera (including BREAD) and xBGT, equivalent to Bera and its strongly correlated derivative coin pools, somewhat like leveraged contracts for going long; when Bera rises, the returns double, and when it falls, the losses are also doubled. The decline will incur losses in Bera. Currently, the most unstable ones are LBGT and YBGT, although these two are the most expensive after minting, they have the greatest volatility.
I found that Dune's on-chain data analysis is amazing, I would call it the first BI of web3. I casually created a price trend chart for xBGT, which allows for easy analysis of their price relative to $BERA , which is the price of BGT. At the same time, I also added an iBera for comparison to see the decoupling situation of iBera
Yesterday when $BERA dropped by about 7% $LBGT, $iBGT, $yBGT, $osBGT and various xBGTs all dropped between 15% to 23%. $LBGT fell from 2.1 $BERA to a low of 1.6 $BERA, causing me, the main miner of LBGT, to incur heavy losses (approximately 40 BERA in terms of coin value, about 700 U in terms of U value). Currently, with the slow rebound of $BERA, the prices of various xBGTs are also gradually rising, including the price ratio with $BERA.
I have to reevaluate the safety of various xBGT mines. xBGT mining is like doubling down on $BERA; when $BERA drops significantly, they exacerbate this loss, meaning in terms of coin value, there will be an additional loss of $BERA. No wonder most whales do not invest large positions to mine these types of mines.
1. Whether the dazzling economic flywheels of berachain can be sustained. a.1 Can various pools with thousands of APRs be sustained? I have been playing in berachain for almost a week, and based on my observations, very few pools can maintain 1000%+ APR for a day, most of them are from a certain altcoin TGE of berachain, with the price increase combined with project team boosting a large number of validators, pushing the pool rewards up. a.2 Then smart people will find that this thing is very similar to going long; at this time, if you group LP in, you are paying a higher price. If the coin price retreats after a surge, your impermanent loss needs to be less than the interest income from APR, or, participate before TGE to set up LP first. So currently, I think high ARP new mines can be rushed, but either enter at the beginning, don't wait too long to enter, as the longer you wait, the easier it is to suffer from the drop.
In my past life, I was harmed by meme coins. In this life, I must...
Let's have some fun with clickbait titles. I started this post mainly because I was bored and wanted to chat about some risk management in the cryptocurrency world and share some investment thoughts (this does not constitute investment advice, does not constitute investment advice, does not constitute investment advice). Many of my friends who follow me probably do so because I posted a screenshot of my current month of complete victories during the New Year. As a newbie in trading contracts, I turned 10,000 into 20,000 to 30,000 in a month with low risk. At that time, everyone probably wanted to learn something from me, but unfortunately, I was purely frustrated after being 'cut' in a spot trade and started trading contracts to short hedge (laughs). There was really no technical skill involved. Once I entered the short side, the market during that New Year period was like picking up money for shorts. Looking back now, my short-lived victory mainly came from the following aspects:
#保护您的资产 $BERA Recently, I played on the Berachain ecosystem for a few days. Although it's a capital scheme, it is indeed interlinked, I have to admit (laughs). The incentive token from the big pool was directly staked to mine in the small pool, it's like an infinite nesting doll.
The trade war is pretty much over; let’s write a summary.
$BTC With Trump's self-victorious posting, this trade war should be coming to a close. Let's review the trading during this period; I must say it is indeed a typical example of Trump's negotiation style – he really only wanted that 10%. 1. Contracts. After being wrecked for 4000U by $TUT last month, I haven't been active much and have gradually shifted my focus to earning profits and financial management. During the trade war, I made over 1000U by shorting, but I only caught one drop; I exited early on the second drop and during the bottom fishing. 2. Conservative Strategy API. After adjusting the code on the 25th of last month, I have opened 11 trades so far, with a win rate of 100%, and a profit of about 18%. In the meantime, to make it easier for friends to track, I have transferred the opening trades to signal trading.
The adjusted strategy has quietly opened a trading signal for a week, temporarily maintaining a frequency of winning one trade a day. Why not try simulating a trade? 😊
How to participate in BeraChain's liquidity pool staking gameplay within the Binance wallet
To begin with, any investment comes with the risk of loss, please act within your means. Previously, I was operating on the web version, but the BeraChain website only supports EVM wallets, so I couldn't connect to Binance. Today I found that I can also directly connect BeraHub through the Binance wallet, just a simple record of the process. Additionally, regarding the risks of staking in the liquidity pool and any features on the page that you do not understand, please make good use of deepseek, search engines, and WeChat image translation. The rough process is shown in the diagram, first purchase a certain amount of $BERA on the exchange. Then, open the Binance wallet to receive the BERA purchased from the exchange. After that, enter BeraHub through the DAPP entrance. If you don’t see it, searching for BERA will allow you to enter.
$BERA This coin is quite interesting. I made a small profit when it was listed, but then I lost it all and more when I shorted it. I've always been curious why this coin is so resilient. I then discovered that the CBB I previously targeted was a Bera whale, and he boasts about Bera every day on X. He claims to have farmed 1 million in 40 days on Berachain, and based on his current on-chain holdings, Bera is calculated to be worth 11.7477 million U, resulting in a terrifying annualized interest rate of 77.6%. So I personally experienced this year's hottest Defi funding scheme.
First, to summarize, I participated in two LP pools: WBERA/HONEY pool, which shows an annualized return of 35-40% fluctuating. I invested 2485 U and mined 0.3483 BERA in 19.5 hours. Based on the coin price at that time, the daily interest rate was about 0.124%, which means an annualized return of around 45%. The profit was slightly higher because Bera rose yesterday.
Due to concerns about the impact of the recent tariff war on Bera's price, I converted my output into cash and participated in another stablecoin pool, BYUSD/HONEY pool, which shows an annualized return of 4.22%. I invested 2544 U, and up to now, I have mined for 15.5 hours, expecting a yield of 0.03 Bera. Based on the current coin price, that’s about 0.2 U, translating to a daily interest rate of 0.012%, and an annualized interest rate of 4.4%.
Attached are two screenshots from the process. If there is enough interest, I can write a tutorial on staking to earn coins. As long as this Ponzi game continues to attract participants, every time Bera drops to around 5-6 should be an opportunity to go long.
This TGE event is a bit laughable... Participated three times, the returns went from 90-50-25, the only thing that hasn't changed is that I got stuck every time, and the market makers kept pressing the price down when selling coins. I won't play again.