Retail investor (leek) thinking is an important reason why crypto players find it difficult to capture excess returns and continue to lose money in investment. The so-called retail investor thinking is to reject and refuse new things beyond one's own cognition and have great prejudice.

On October 15, the fifth Match NFT auction will be launched, which is worth a look for every user.

1. Outperforming the market, the wealth effect of Match Gold Mine

Since the beginning of the year, there have been waves of meme coins. Especially in the past month or so, as the narratives of institutions have weakened, the meme market has exploded again, with various zoo coins from cats and dogs to monkeys and hippos emerging one after another, and even Binance has frequently launched various projects, which has really allowed a group of crypto players to achieve good wealth gains.

In this context, the Meme token RFG launched by Match just meets the market's expectations. As an innovative project that combines SocialFi, AI and Meme elements, Match provides investors with attractive income opportunities through its unique value network design.

(1) RFG, Care for Crypto Investment Refugees

The token RFG is the abbreviation of Refugee, which means "refugee" in Chinese. This name is a pun, which not only cares about crypto investment refugees, but also pays attention to and thinks about the current situation of refugees around the world. The emergence of RFG represents the hope of crypto investment refugees.

In terms of token distribution, RFG has achieved 100% fair and just launch, with a total issuance of 100 billion. The project party has no reservations and no private placement, avoiding unfair phenomena such as the project party making profits through reserved tokens and large investors dumping the market, making token distribution more transparent and fair, in line with the fair launch attributes of Meme coins.

Among them, 10% of the total RFG tokens are directly airdropped, so that every user has the opportunity to obtain RFG by participating in community activities, not just by purchasing; 30% is used for liquidity provision; 60% is used for user community mining and other business outputs. All RFGs are locked in smart contracts and will only be released after the corresponding rules or logic are met in the business scenario. This distribution method ensures the fairness of tokens and avoids market manipulation.

From the perspective of market potential, the project is currently in its early stages of launch, with the circulating market value of RFG being only US$1.04 million, of which liquidity is as high as US$320,000. In order to obtain RFG, in addition to airdrops, it can only be obtained through RFG staking mining, RFG LP liquidity staking mining, and Match NFT staking mining.

(2) Multiple mining methods, superimposed and amplified benefits

How are the benefits and returns of the above three RFG mining methods?

First, let’s look at the RFG token pledge situation. According to official platform data, RFG staking is divided into two types: current and fixed-term: the current annualized return is 16.2%; the fixed-term returns are 20% (60 days), 30% (90 days), 45% (180 days) and 65% (360 days).

Judging from the annualized return alone, RFG's level exceeds that of most projects on the market. The annualized returns of other mainstream currencies on the market are generally less than 10%, and Meme projects such as Bome have not launched interest-bearing coin deposit businesses. From this perspective, RFG is a unique existence in the Meme ecosystem.

Furthermore, the RFG LP liquidity mining income is also good; official data shows that the current annualized income has reached 122%. More importantly, the RFG price has remained stable over the past month, LP has no impermanent loss, and in addition to staking mining, it has received a 0.3% transaction fee dividend, achieving multiple benefits.

Finally, let's look at Match NFT staking mining, which is also the focus of investors. Currently, the annualized return of α NFT in a single pool is the lowest, about 89.8%, while the highest annualized return of the three NFT staking pools is 485%, that is, the daily return of the Match NFT mining pool is 0.25% to 1.32%. In addition, if users stake RFG, they can also get Boost bonuses, up to twice, that is, the daily return is 0.5% to 2.65%. As shown below:

But this is only the RFG mining income generated by NFT staking mining. In fact, the reserve price of NFTs held by users is also rising. The data of the past four auctions are as follows:

The first phase started at $70 and the final price was $90.95, an increase of about 30%;

The second phase started at $90.95 and ended at $118.74, an increase of about 30.5%;

The starting price of the third phase was US$118.74, and the final transaction price was US$146.51, an increase of about 23.3%;

The starting price of the fourth phase was US$146.51, and the final transaction price was US$185, an increase of about 26.2%;

Comprehensive calculation shows that in the past four auctions, the average reserve price of each auction increased by 26%, and the interval between auctions was 10 days, which means that the average daily profit of the NFT reserve price was about 2.6%. If this trend can be followed, subsequent NFT auctions will have the opportunity to gain more benefits.

With the above three benefits combined, Match NFT players can earn 3.85% to 7% per day. If the RFG price remains at the current level, the payback period will be 13 to 26 days; if the price increases, the payback period will be further shortened.

2. How does Match break the death spiral of “digging, withdrawing and selling”?

"Mining, withdrawing and selling" was the nightmare of early DeFi mining players in the past, especially some big players rushed into various mining pools, which directly led to "mine collapse" and thus made them worried about Match. However, Match broke the death spiral curse of traditional mining projects, largely due to its carefully designed economic model and innovative gameplay. The core goal is to reduce selling pressure and increase buying.

(1) Empower RFG application scenarios and reduce selling pressure

RFG tokens have a variety of application scenarios, which greatly enhances its practicality and value stability. It is precisely because of these diversified applications that the price of RFG has not collapsed, but has shown a continuous upward trend.

As mentioned above, the RFG held by users can be used for single-coin staking mining or provide liquidity LP for mining to earn income. In addition, RFG can also be used for Boost APY addition in SMS (social matching mining) NFT pool - when RFG reaches a certain amount, a Boost coefficient can be obtained. The more staking and the longer the time, the greater the Boost, up to 2. The Boost coefficient can be used to improve the efficiency of NFT staking mining. When RFG's current and regular staking of different maturities can obtain their own Boost coefficients, the maximum Boost coefficient is taken to calculate the final income of NFT staking mining. As shown below:

After a certain amount of RFG is pledged, a Boost bonus can be provided for Match NFT pledge, up to 2 times. The higher the level of NFT, the more income it generates, which in turn further stimulates more users to pledge more to obtain higher-level NFTs.

More importantly, RFG staking can increase the probability of obtaining rare NFTs (mainly γ), and the mining efficiency of rare NFTs is also higher. If the user does not stake RFG, the probability of obtaining α, β, and γ is: 50%, 30%, and 20% respectively; after staking a certain amount, the total probability of obtaining γ can reach up to 50%.

After a series of combined efforts, the RFG staking volume has greatly increased. Data shows that the current TVL of Match platform token staking has reached 897,000 US dollars. In other words, about 90% of the RFG circulating tokens are staked and locked, which also greatly reduces the selling pressure.

(2) LP liquidity increases buying

The above-mentioned multiple measures have also stimulated the market's purchasing enthusiasm for RFG from another dimension.

By observing the data over the past two months, it can be found that it has been more than a month since the mining started after the first NFT auction, and the price of RFG coin has not fallen on a large scale. Compared with before, it has even increased by 5%, and the liquidity pool has also increased from the initial US$100,000 to the current US$340,000.

In addition, Match has also designed a liquidity pool to support the market. After early users receive airdrops, they need to add LP liquidity to RFG to obtain a certain proportion of airdrops. The advantage of this is that it not only avoids the early wool party from infinitely dumping the market, but also allows airdrop users to convert to buying orders and increase the bottom pool.

For LP, it can achieve "one fish, five meals". First, airdrop users can get chips at a lower price after the project starts to add liquidity, and can fully eat the full value of RFG's rise; second, LP users can get 0.3% of the transaction fee dividend, mainly ETH and RFG tokens, to further gain price advantages; third, adding liquidity can share an additional 60% of airdrops, zero-cost chips; fourth, RFG single currency pledge can increase the probability of obtaining higher-level NFTs at auction, thereby obtaining more income; fifth, LP can mine on Match, with an annualized return of 16%, and further obtain more cheap chips. Platform data shows that the annualized return of the USDC-RFG LP pledge pool on the Match platform currently reaches 122%, and the locked value reaches 319,000 US dollars.

(3) Reduce the number of large investors hoarding and arbitrary market crashes

Match also introduced a random algorithm. After the NFT auction is completed, it can only be determined whether there is a winner, but the specific type of NFT can only be known when the user actually receives it and opens it. The probability of different types of NFTs is different, and the higher the level, the lower the probability. Through the random algorithm, the randomness and scarcity of NFTs are guaranteed, and they will not be hoarded by large investors at high prices.

To prevent whales from monopolizing the market, Match also limits the number of times users can participate. Each user can successfully participate in up to two NFT auctions, that is, they can obtain up to 4 NFTs, thus ensuring that the chips are sufficiently dispersed; failure to successfully obtain the current NFT will not affect the qualification to continue to participate in the auction until the NFT in the second auction is successfully obtained. In addition, Match also uses three core factors to confirm the identity of users to avoid account swiping.

Therefore, theoretically, the probability of a user wanting to obtain a complete set of three different types of NFTs is relatively small, and the vast majority will only own one or two types of NFTs, which also leaves a window of demand for subsequent SMS social matching joint mining.

Through the above measures, Match does everything possible to ensure that NFT chips are sufficiently dispersed to prevent large investors from hoarding NFTs for mining and dumping the market, thereby opening the channel for subsequent increases.

3. New opportunities, the fifth auction is coming

In the current crypto market, the main way to boost the price of coins is by increasing the destruction scenarios. For example, major exchanges will regularly use a fixed percentage of revenue/profit to repurchase tokens from the market for destruction. ETH will also implement EIP-1559 in 2022 to increase the consumption of ETH.

However, the final result is not ideal. Most of the time, it is just to paint a pie for users and increase their imagination of the future. After all, the percentage of destruction is not high. What can really drive the price of the currency is a wider range of factors, including traffic, consensus, product quality and the degree of perfection of the ecosystem. The Match project has achieved a steady increase in the value of RFG tokens by building a complete ecosystem and providing diversified application scenarios.

The fifth phase of Match NFT will be officially launched on October 15. Regarding this auction, there are some practical suggestions for your reference.

l First, there will be a total of 4,050 NFTs participating in the auction, and the "English auction" will be adopted, that is, the starting price of the second phase will be determined by the transaction price of the first phase, and the highest bidder will win. Therefore, the starting price this time is $185. According to the increase in the past few phases, the final transaction price of the fifth phase will be $233. Users who want to get 2 NFTs need to deposit at least $466, preferably $500, which can be refunded if they do not win the lottery; set the bid reasonably, and the bid can be directly set to $233 to increase the probability of winning the lottery

l Second, if you want to obtain high-level NFTs, it is best to pledge a certain number of RFG tokens in advance to obtain Boost bonuses. It is recommended to pledge more than 5 million tokens (about US$1,500), which can effectively increase the probability of medium-rare NFTs.

l Third, as the number of auctions increases, the NFT reserve price is expected to continue to rise, and the RFG token will also appreciate accordingly. Therefore, participating in Match NFT is not only a short-term investment opportunity, but also a good opportunity to lay out long-term value.

Match NFT's fifth auction undoubtedly brings new opportunities to investors. Through its innovative economic model, fair auction mechanism and diversified sources of income, Match has successfully created an investment platform that can provide stable income and long-term appreciation potential.

In this uncertain crypto market, Match NFT has become an object worth paying attention to in 2024 with its unique design and stable performance.