Review of various pledge, order-brushing (reverse-losing) projects I participated in in the past six months:
1. Deposited 100E with the blast order number. Now that the gold points have been issued, the points have been severely diluted, and there is a high probability of reverse-losing.
2. Deposited 800,000 with the blur order number, all of which are hedged. Now I have to pay funding fees every day, and I feel that there is a high probability of reverse-losing (it cannot beat the USDT funding cost).
3. BP swiped thousands of accounts, but fortunately most of them were low-income people, and lost tens of thousands of U.
4. ZKFAIR IPO, the most profitable time was more than 600,000 U, and now there is less than 60,000 U left.
5. MANTA pledged 200E, with a monthly yield of 15%, which is 180% annualized, which is not bad.
6. AEVO swiped orders, and only opened a few accounts to swipe 100,000 U handling fees. It was also a serious reverse-losing, relying on a market maker strategy account to recover the loss, and finally made no profit or loss.
7. I swiped DRIFT orders for a week, but I stopped after finding that my points were too low. Fortunately, I didn’t continue to swipe. I lost a lot of points and didn’t even look at my points.
8. B2 pledged 10BTC. It hasn’t issued any coins yet, but judging from the price of NFTs in the OTC market, it has definitely lost money.
9. MERLIN pledged 5BTC + all ZKF. ZKF has fallen to pieces. MERLIN’s income cannot be considered a loss compared to BTC, but it is not high, only 5W U.
10. ZKASINO pledged 50E, and the project party soft rug, with a loss of 100%. Fortunately, the person has been caught now, and I hope to get half back.
11. RENZO pledged 110E, and the income was pitifully small, which can be considered a loss.
12. MODE pledged 30E, but forgot to interact, and the income was only a pitiful 2000U, which was a serious loss.
13. KAMINO + MARGINFI, deposited 1 million U, KAMINO points have been seriously reversed, MARGINFI does not know whether it will issue coins.
14. PUFFER pledged 50E, but has not issued coins yet.
15. ZKLINK pledged 80E, but has not issued coins yet.
Summary:
1. All staking projects are no longer suitable for participation. In particular, most projects use the income of large investors to subsidize retail investors (rat warehouses), which is not suitable for large funds to participate, and the risks are far greater than the benefits.
When BLAST came out, I talked with Jinma, and we all thought it was a game where money was king, and they also concentrated the funds in one account. I didn't expect that the project party not only wanted your money, but also asked you to interact with them, and finally distributed your income to retail investors (rat warehouses). Is this true common prosperity on the chain?
Mr. Sun’s project review is really thorough
