The biggest insight I have gained from investing in recent years is to always maintain a keen insight into innovative things, take the initiative to step out of the comfort zone, and go to areas where innovation is emerging to find incremental market cakes! Where innovation emerges, there are also surprises! The more you roll in a familiar and comfortable field, the more you get half the result with twice the result, the diminishing utility brings a sense of powerlessness! The more we dig deep into the places where innovation emerges, the more exciting the positive feedback will be brought about by getting twice the result with half the effort!
#cognitiverealization#investmentthinking

A user's aave account was stolen, causing the price of mkr to drop by more than 8% in 15 minutes! Those who received low-priced mkr are considered to have received benefits! #mkr
#链上监控

Web3 communications protocol WalletConnect has officially announced that it has restricted the availability of the WalletConnect protocol in Russia in accordance with the latest laws and U.S. Treasury Department Office of Foreign Assets Control (OFAC) guidelines. Only the big pie is the world’s asset, freedom asset!

The logic of SOL is similar to that of OKB. Retail investors all threw away their chips in a certain extreme panic, and the dealer collected enough chips to achieve extreme control! OKB completed the chip collection when Xu Star entered, and SOL completed the task during the FTX thunderstorm! $SOL #认知变现

The DeFi building blocks of MakerDAO and Lido miraculously raised the cryptocurrency bear market base interest rate to above 8 points for the first time. The logic behind it is a liquidity premium, with high liquidity subsidizing low liquidity. The high-liquidity USDC-based U.S. debt-type RWA & high-liquidity DAI subsidize the low-liquidity DAI in DSR, and the high-liquidity ETH subsidizes the low-liquidity stETH. The ratio has reached the 20% range. The magic of the DeFi world magic.

MakerDAO’s new contract execution voting is in progress. The main contents that currently need to be executed include:

1. Enhanced DAI Savings Rate (EDSR) activated.

2. The maximum debt limit of Spark Protocol Dai Direct Deposit Module (D3M) is increased from 2000 DAI to 200 million DAI.

3. Instruct the trustee arranged by Monetalis Clydesdale (RWA007-A) JAT1 to sell part of the ETF holdings and return the profits to the MakerDAO surplus buffer.

4. AVC member salaries will be paid in the second quarter of 2023.

5. Harbor Trade Credit (RWA004-A) The debt limit is reduced from US$7 million to 0.

If this implementation proposal is adopted, the above changes and additions will only become effective in the Maker Protocol after the GSM Suspension Delay has expired. The GSM pause delay is currently set to 48 hours.

#RWA #认知变现 #MakerDAO

MakerDao's new version of the V3 protocol has been developed for more than a year. The main work of V3 is briefly summarized:

1. Adoption of subDAO: Similar to Spark Protocol, it will release its own token SDT, with a total amount of 230 million.

2. Split of MKR: MKR will be split into NGT at a ratio of 1:1200.

3. subDAO liquidity mining: Tokens issued by subDAO are distributed through mining and distributed to MKR, DAI and ETH in proportion.

4. MKR’s lock-up engine Sagittarious Engine (SE): In order to encourage large-scale DAO governance, a lock-up pool for voting and governance is launched, and private liquidity mining of subDAO tokens is opened to SE. If you want to withdraw the locked MKR, you need to bear a 15% loss.

5. MKR empowerment: including smart repurchase of treasury surplus based on MKR/DAI, and SDT/MKR project surplus repurchase of subDAO tokens. There is also the SE mining mentioned above, as well as the liquidity mining of tokens.

#RWA #认知变现 #MakerDAO

MakerDAO enjoys an income of about 5 points on billions of dollars of RWA assets every day, subsidizing the real income from outside the circle to the blockchain. There can be several such projects in the bear market, and the next project that can survive the long bear market is There is a high probability of outstanding performance in the round. Tether is the largest stablecoin RWA asset beneficiary, and MakerDAO is currently the largest U.S. debt RWA asset beneficiary.

#RWA #认知变现

USDC issuer Circle transferred a total of US$135 million USDC to Coinbase in two transactions in the early morning. After the last such large transfer, Bitcoin rose to a maximum of around US$32,000!

Looking at the picture, the market share is falling, the market share is falling, and funds are going to speculate on hot topics such as RWAs, BCH, XRP, and LINK! Summary: Only by following hot spots can you drink soup and eat meat!

MakerDAO shareholder a16z continues to sell MKR, founder rune and the treasury perpetual motion machine continue to increase their holdings, and the price rises steadily. So some people ask why as long as Prosus, the major shareholder of South Africa, announces the sale of Tencent, the stock price basically goes down, because Prosus is the first The largest shareholder, accounting for 26%, and MakerDAO a16z’s share is completely insufficient. Currently, there are only 12,395 coins left in the wallet! This amount is completely insufficient for market demand!

a16z address: 0x05e793ce0c6027323ac150f6d45c2344d28b6019

#RWA

After MakerDAO turned on smart destruction, it used the surplus funds from the treasury to purchase MKR and combined it with DAI to form LP and added it to Uniswap V2. Currently, 7 hours and 46 minutes have passed, and a total of 16 purchases have been executed, with each purchase of 5,000 US dollars of MKR from the chain. On average, one purchase is performed every 26 minutes. The current system surplus is 69.6 million US dollars, with 19.6 million US dollars left for LP, and the remaining cycle of continuous repurchase exceeds 35 days.

#RWA #MakerDAO

MakerDAO should be the biggest player on the RAW track. Comp has recently tripled from the bottom, mainly because its founder’s second startup, Superstate, is targeting the RWA track. Venus also announced the introduction of RWA a month ago and conducted a governance vote. It will depend on how these projects are expanded and implemented later, and whether they can come up with innovative ways of playing games. It is worth looking forward to whether the IBO (Initial Bond Offerings) financing method will emerge.

#RWA #认知变现

On one side, the SEC suppresses Binance and Coinbase crypto exchanges, and on the other side, traditional institutions BlackRock, Fidelity, Harvest Financial, and Deutsche Runner enter the market. The two cooperate so perfectly that one has to suspect that the purpose of the SEC is to lead the way for traditional institutions to enter!

#认知变现

In the stablecoin market over the past few days, the market value of USDT has increased by US$150 million, USDC has increased by US$300 million, and TUSD has increased by US$1 billion!

On June 15, 2023, the market value of USDC bottomed out and rebounded, with the market value increasing by approximately US$300 million in the past few days! Also on the same day, Bitcoin bottomed out!

#认知变现 #USDC

The market value of USDT hit a record high yesterday. The next important signal is when USDC will bottom out and rebound. If the USDC signal bottoms out, it will basically be when the market starts.

#认知变现 #StableCoin