Vic TALK

After being subjected to high-intensity PUA by various project parties recently, I no longer have any hope for the pattern, bottom line and technical capabilities of any project party.

To sum up the three basic steps of fraud, whether it is commercial fraud or emotional fraud, these three steps are essentially applied.

1️⃣
Show "I am more powerful than you" and not in the same class.

At this stage, the scammer will make the deceived fall into a kind of self-PUA by establishing a persona and other packaging. That is, he thinks that the person in front of him is much stronger than himself in terms of capital volume or the power behind him, and is a "real boss" that he will never meet in his life, and this "boss" is very "approachable", as if although the class is different, the "boss" is willing to be friends with you

Once such a person appears around you, you must be vigilant! The one riding a white horse is not necessarily a prince, but it is likely to be a scammer!

2️⃣
Take you to eat, drink and have fun, and take you to enjoy the "prosperity and wealth" that you have never enjoyed

At this stage, the boss will take you to spend money and let you enjoy. What super sports cars, super luxury hotels, Michelin meals, nightclub tycoons, take you to open your eyes, see the "luxury life" that ordinary people have not experienced, and will confirm the first step again through the so-called "friends" around you, strengthen your own personality, plus the mentality of taking from others, so you will definitely be in awe of the "big brother" and trust him more.

In fact, there is not much money in the above life experience, but most people are trapped between the three loans and have never really enjoyed it. I don’t know what the specific cost is. The cost invested by the scammers in the early stage is a drop in the bucket compared to the money they cheat you later.

So you should be good to yourself at ordinary times and beware of being cheated!

3️⃣
Start harvesting

Through the first step of convincing you and the second step of "taking you to eat crabs", the third step should be to swing the sickle.

The methods of fraud are different. It may be to take you to do a project, or it may be that the business needs to be turned over, but at this time many people may be very obsessed and have no ability to distinguish, so they are cut.

The essence of this world is equal exchange. The key to not being cheated is to stop dreaming.

When you have not reached a certain level, or when you are of no help to the boss, any sudden and unreasonable kindness to you is mostly intended to deceive you.

Binance's latest Launchpool project Renzo @RenzoProtocol mining is in progress. Friends who often read my content know that I pay more attention to projects launched on Binance Launchpool. The Renzo project launched this time is also a relatively outstanding project in the hot liquidity re-staking track this year. In addition, the project has experienced a series of things such as ezETH depegging and the modification of airdrop claim time in recent days. The community discussion is also high. Therefore, today's content will share with you the basic situation of the Renzo project, my views on recent hot spots, and how to participate in Binance Launchpool.

First, let's take a look at the situation of this Binance Launchpool: Again, I recommend everyone to participate. This mining activity will start at 8:00 on April 24th, Beijing time. Users can invest BNB and FDUSD in Launchpool to obtain mining rewards. The activity will last for 6 days. Binance will list Renzo at 20:00 on April 30 and open REZ/BTC, REZ/USDT, REZ/BNB, REZ/FDUSD and REZ/TRY trading markets.

Secondly, let's take a look at the basics of the Renzo project: It can be said that Renzo is a first-tier project in the current re-staking track. As one of the earliest projects to enter the re-staking track, its TVL is second only to Ether.fi, currently about US$3.3 billion. In terms of project mechanism innovation, Renzo runs on EigenLayer. In order to solve the problem that the liquidity of ETH will be locked after re-staking, Renzo uses the derivative token ezETH to release liquidity; as the number of EigenLayer AVS increases, different AVS configuration strategies will present different benefits and risks. Renzo can use its algorithm to balance benefits and risks in real time, replace users to make complex configuration choices, and help users achieve stable high returns. In terms of financing, we also saw many familiar VCs, such as Maven 11, IOSG Ventures, OKX Ventures, etc. Renzo is also the first project officially announced by OKX Ventures in the EigenLayer ecosystem. Not only can it obtain investment from OKX Ventures, but it can also be listed on Binance Launchpool. This is not only a recognition of the basic base of the project, but also shows the powerful resource attributes behind Renzo.

Although the basic foundation of the project has passed, the series of controversial events that have occurred in Renzo recently are also thought-provoking: According to the detailed token distribution rules announced by Renzo on April 24, the dissatisfaction mainly comes from three points: the first point of controversy comes from the fact that the proportion of tokens allocated to protocol deposit users is only 5%, which is really not much, especially for the re-staking project where depositors are the breadwinners; the second point of controversy comes from the fact that users who sold ezETH holdings before the first quarter Renzo incentive on April 26 may not be eligible for airdrops, and many users said they were "let down"; finally, Binance will list Renzo on April 30, but users will receive the Renzo airdrop on May 2, which is equivalent to not getting any early market dividends. Once the details were announced, the price of Renzo's ETH deposit certificate token ezETH once plunged. Although the time of significant decoupling was very short, I also saw some people taking advantage of this to successfully pick up leaks and make a lot of ETH.

In the face of community dissatisfaction, Renzo also responded quickly: the airdrop claim date was adjusted to April 30 (that is, 1 hour before Binance went online); the token allocation ratio for the community increased from 30% to 32%, and the airdrop allocation ratio increased from 10% to 12%; in addition, the minimum qualification for each wallet airdrop is 360 ezPoints, and wallets with more than 500,000 ezPoints will unlock 50% at TGE, and the remaining part will be linearly vested within 3 months. This design has greatly reduced the market selling pressure and is also very beneficial to retail investors. I saw some people in the community jokingly called this move "allocation according to the noise", but I think the airdrop design at the beginning of the project was indeed inappropriate, but the team's timely response did appease the community's emotions to a certain extent.

Finally, I think everyone can still participate in the launch of Renzo on Binance Launchpool this time. We can also see that the token rewards of this Launchpool account for 2.5% of the total supply of Renzo tokens, which may also be a good way to obtain chips. Currently, the over-the-counter price of ezPoints is around 0.12. Based on previous logic and the distribution of chips this time, I personally predict that the launch price of Renzo may be between 0.4 and 0.6. Of course, the above sharing content is also based on personal observations and does not represent any investment advice. The risk of the crypto market is extremely high.The above is the content of this issue. You are welcome to leave a message for discussion and exchange.

Binance has launched the latest Launchpool project ENA. I have previously released a video sharing Binance Launchpool's money-making strategy. This is a project that can consume at least 100,000 U. Therefore, taking advantage of the launch of the new project, this video aims to combine the Launchpool money-making logic and the ENA project practice, and specifically talk about how to seize the opportunity to obtain at least 20% of the income.

First, let's understand the income composition. Binance Launchpool's income is roughly divided into three parts:

The first part of the income comes from mining. Taking the BNB mining pool as an example, the yield is about 1.5% - 1.8%. Although it sounds small, please be sure to participate, because on the one hand, this income is OK, on ​​the other hand, Binance's official push card clearly stated that Launchpool's income is about 2.5%, so the mining yield is an important indicator for calculating subsequent income: if it is lower than 1.5%, it means that the project has greater opportunities in the secondary market; if it is higher than 1.8%, there are fewer opportunities in the secondary market. Taking the current project ENA as an example, you can now invest 1K-100K USD according to your own needs to calculate the subsequent increase of the project.

The second part of the income comes from the increase of BNB in ​​the first two hours of Launchpool opening. It is observed that Binance Launchpool generally chooses to officially open at 8:00 Beijing time, and BNB will increase by 2%-5% in the first two hours (that is, the interval of 6-8 o'clock). At this time, both spot and contract operations can obtain income (high-multiple contract income is not capped). Although the increase of a needle upward when Launchpool was first launched was more impressive, we are completely unable to accurately capture the correct time point, and the interval of 6-8 o'clock is more certain and more stable. It should be noted that on the one hand, the maximum increase will not exceed 5%, and on the other hand, it is necessary to enter and exit quickly, because there may be a small correction after 8 o'clock.

The third part of the income comes from the secondary market. As I just said, Binance has stated that Launchpool's return is around 2.5%. We can regard 2.5% as the standard for Binance Launchpool project returns. In the past Binance Launchpools, most projects have followed this 2.5% return standard, and there are only a handful of projects that have exceeded 2.5% (I remember only Memeland and Altlayer), so we use 2.Subtracting the mining yield from the 5% standard, we can basically predict the increase in the price of project tokens in the secondary market.

After talking about the revenue structure, let’s take a closer look at the basic situation of ENA: As a staking track project, friends who have participated in ENA staking before should have received relatively generous airdrops, but the project has now become a Binance Launchpool project, which will be huge in the short term. The chance of large-volume airdrops or huge profits is small. The current total supply of ENA tokens is 15 billion, and the initial circulation is 1.4 billion. According to the Whales Marker OTC price of 0.7 US dollars, the initial circulation of the project exceeds 1 billion US dollars. This magnitude is not bad in Binance Launchpool, and there is no huge amount in the short term. Unlocked. Although the price is unpredictable, ENA has performed well off-site, and we will continue to monitor the mining yield and other performance after the project goes online.

Next, I would like to share some specific practical experience in participating in the ENA secondary market: First of all, do not participate in FOMO within the first four hours of the opening, this time is the most involuted. Generally, two timings are recommended for participation: first, around 3 a.m. on the day of launch (April 3), when it is recommended to invest 25% of the chips; secondly, around 3 a.m. the next morning (April 4), invest another 25%. % chips. According to my observation, these two points in time often lead to sharp and sharp corrections. Secondly, the project holding period is generally three to four weeks, but as long as the target income reaches 2.5%, it can basically start running. In addition, don’t worry too much about being stuck. We can see that both ETHFi and AEVO have experienced rapid rise before the next Launchpool is opened, which also shows that they are achieving the expected return rate of 2.5%. If the project falls below the mining income, on the one hand, it is best to observe the basic market of the project, and on the other hand, just wait until the next Launchpool is opened to exit.

Finally, this issue makes it clear in terms of buying points, selling points, positions, and yields. However, the above shared content is based on my observations over the past four months and does not represent any investment advice. The crypto market risks are extremely high. Of course, for the ENA project, judging from the off-site price, the price has been quite high. We also hope that the ENA price can break 1 in this issue of Binance Launchpool.The above is the content of this issue. You are welcome to leave a message to discuss and exchange.