Don't spend a whole day looking for 50 passwords; this will only make you hesitant to invest much in each. Focus on a few promising projects, invest over 80% of your energy in them, learn, and understand, so you have a clear idea. You won't easily be swayed by others' hype or scared off by their FUD.

Which serious wealth earners did not heavily invest in a coin that took off? In the last cycle, LUNA made hundreds of millions for those who invested from the beginning to the end, while in this cycle, those who invested in little coins like DOGE earned over 10M with laser cats, and the ACT wizards and those who benefited from Hyper; all of these are people I know.

Meme is not my main version; I really like mechanisms that require understanding, like Pendle, ENA, and Usual. Because not many people are willing to invest time and effort to understand and research; they prefer to follow the crowd.

For example, there were already doubts about that 22000% APY for Usualx yesterday, so many people were hesitant to invest.

Actually, this is a misunderstanding of the relationship between APR and APY (Defi old OGs understand). APY is compound interest, and 22000% APY is essentially 500+% APR, which is not exaggerated for Usualx, which only had 1M last night. I immediately bought $Usual on-chain to invest, and just calculated that the yield in less than 20 hours is 3.5%. Isn't that appealing?

(Of course, now that the deposits and withdrawals have opened, 33M of Usual has already been invested, and the yield has dropped to 20000%. The next part is a gamble; we will calculate again after those who withdraw today have settled.)

To be honest, I initially underestimated $Usual, so I missed the opportunity to invest in the first level, but fortunately, I realized it in time and went all-in. As more mechanisms have been revealed, it seems to be getting more interesting.

As he said, if the team is really strong, and keeps using the profits and funds to continuously push up the $Usual price, then the paper yield of TVL will keep increasing, more money will flow in, and the team's TVL profits will be even higher, leading to further price increases. Isn't that similar to Luna, where they step on their own feet to rise? There’s a chance to become the next big project.

Of course, this is all our own speculation; at least for now, the market is very supportive of $Usual, and the price isn't dropping.

Finally:

I won't directly give advice on the second-level currency price, as there is risk and it can easily attract criticism, although I haven't sold any myself. But now, using stablecoins for mining is really appealing; looking at the chart below, the LP yield of relatively low-risk stablecoin is almost 60%.

The portal is placed here:

app.usual.money/swap?from=USDC…