1. You think the success rate of playing contracts is 50%, but in fact, not even 10% of them make money.

2. When you hear that something is very profitable, it’s basically time to take over.

3. When you think the market is finished and everything is going to zero, a bull market is often about to come.

4. When you become more and more certain that a currency is going to skyrocket, it is often the time for the dealer to take action.

5. You think it’s easy to make money in the currency circle, but in fact it’s easier to lose money.

6. You think KOLs are very profitable. In fact, KOLs who don’t cut leeks, don’t lie to people, and don’t issue coins may not have as much income as you.

Liquid Collateralized Derivatives (LSD) are one of the hottest topics in 2023. These protocols accept deposited ETH, stake it to secure the network, and distribute staking rewards to LSD holders (minus some fees). This greatly simplifies the staking process for users and allows the use of LSD in other DeFi applications.

The market leader – Lido, which owes much of its dominance to “early entry and ubiquity”, has been able to leverage its network effects to become the “safest” option for users entering the world of ETH staking.

Colin: I mentioned just now that the core of the RWA narrative is the U.S. debt. What do you think are the key factors for winning a U.S. debt RWA type project?

In the past year or so, all kinds of so-called compliant CeFi have basically exploded, so at this point in time, everyone’s trust in CeFi can be said to be negative. Even large groups like DCG are insolvent. Another important point is that the asset issuers of RWA’s treasury bonds actually face competition from Defi project parties. Although they have cooperative relationships, for example, these asset issuers will also want us to take over their assets as collateral or as collateral. The underlying reserve, but I think there is actually a certain degree of competition with the Defi side to some extent.

U.S. inflation, measured by the consumer price index (CPI), fell to 3.0% in June from a year earlier, down from 4.0% in May, according to the Bureau of Labor Statistics (BLS). On a monthly basis, CPI rose 0.2% in June, compared with a 0.1% rise in May and expectations for a 0.3% rise.

The core consumer price index, which excludes volatile food and energy costs, fell to 4.8% from the previous 5.3%, compared with the forecast of 5.0%; the core CPI in June was 0.2%, compared with 0.4% in May, and the forecast was 0.3% .

The price of Bitcoin (BTC) has been trading between $30,000 and $31,000 for much of the past few days, rising slightly to $30,900 immediately following the report, but then gave back that gain and returned to slightly lower at $30,800.