Have you noticed that the economic phenomenon in recent years is not going the usual way?
First, cars are getting cheaper and cheaper. Many of the most valuable fuel joint venture cars have fallen to more than 100,000 or even less than 100,000, and the price has been cut in half. New energy vehicles are rapidly seizing the market, and there is not much time left for traditional fuel car companies that are unwilling to change.
Second, houses are even harder to sell. The transaction price is 20% off the listing price. We care more about the comprehensive quality of the house - the brand, the property, and the supporting facilities.
Third, wages are getting lower and lower, and there are basically no benefits.
Fourth, more people (non-currency circles) pursue stable compound interest investments (Figure 1) and no longer embrace risks.
Which type of investment in the currency circle is close to the compound interest curve? That is the Bancor algorithm (Figure 2), and the most representative target of the Bancor algorithm is EOS RAM, an AMM that uses the Bancor algorithm, which is a perfect defi, unlimited liquidity, and a completely transparent and fair mechanism.
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