Abdullah7870

Everyone is waiting for tomorrow's $SOON, if today's Allo isn't too competitive, the returns should be pretty good. If the oversubscription multiple is within 100x, it's worth a shot.

Binance Alpha has now become a well-orchestrated plan.

1/ For the project parties, although Alpha, Wallet TGE, HoldersDrop, and Launchpool need to distribute a large amount of tokens, it is still more cost-effective than other options. Joining Alpha has a relatively high lower limit and can somewhat provide an explanation for stakeholders. Therefore, while the project parties claim they do not want it, their actions are quite honest.

Moreover, the low market cap opening, trading competitions, and the Alpha-contract-spot path still leave some room for growth, with proactive market makers having at least one opportunity.

2/ For BNB holders, it seems that benefits have decreased, as Launchpool/HoldersDrop have been diverted. However, considering 1) the macro environment indeed cannot support the buying pressure for large BNB holders to take over Launchpool, and 2) occasional big lotteries, such as Adventure Island, can still ensure a double-digit annualized dividend rate.

The most important point in this well-orchestrated plan is that Alpha will bring a large amount of [BNB holding] and [near destruction]. Near destruction is reflected in the LP pool. BNBChain Memecoin has basically cooled down, but each Alpha will at least lock hundreds of thousands to millions of dollars worth of tokens into the pool. If there are 100 tokens locked in a year, that amounts to 100 million dollars. Considering the rise in token price and other on-chain projects, this number could be even higher.

Another aspect is the Alpha points system. The current version of the points system points to one outcome: you must score more than 15 points daily to see results, and you can join at any time. Bn only needs to adjust the release frequency and points threshold, ensuring that single-session earnings do not decay by reducing user participation frequency.

Conservatively estimated, based on a 50 million dollar FDV * 1% total share / 100u per person = 5000 people, meaning a single event can have 5000 participants.

In an extreme case, if participants join once every 15 days, the maximum capacity for Alpha activities is 75,000 people. Based on 50,000 people * 3 BNB = 100 million dollars in net BNB holding demand, in addition, the increase in the number of projects, market cap growth, and further increase in thresholds will further raise this value.

3/ For exchanges, it is even clearer: they gain users, reputation, on-chain trading volume, and CEX trading volume, solving the problem of high market cap openings.

So who lost?

Second-tier exchanges lost, especially those that crashed data and swallowed project party activity tokens.

Even now, they continue to curse the rules as foolish, rather than trying to score full points of 17-20 on the first day of the new rules.

#币安Alpha上新 BNBChain is like the late Qing dynasty, different factions are trying various routes to revive the ecosystem

—— Founder IP Meme Szn route. To be honest, it's quite a pity, in the middle
$Mubarak was very close to breaking through the valuation ceiling, as long as 1-2 reach the level of Sol/21 year BSC DeFi/gamefi, everything would come alive. Conversely, various small players and whales can only cut losses, ultimately leading to a lower and lower line

—— Alpha-Contract-Spot's great escape route. Personally, I think this route was fine, but adding voting for coin listings turned out to be a blunder, the core of the great escape is to sentence some competing products to death to concentrate liquidity on the remaining targets. For example, a new Meme, online for 2 weeks, with a market cap of 10m, but not listed on Alpha, that’s a death sentence.

After the voting for coin listings branch appeared, it had a counterproductive effect, one is that the full contract listing hindered the great escape of this segment, splitting the semifinals into two parts, and the second is that the death sentence rate was insufficient, leading to further dispersion of liquidity, the direct result is that the spot shell value has significantly declined. The most regrettable thing on this route is $TUT

—— Wallet IDO + new coin listings on the platform VCCoin route. This route is neither good nor bad, the decline in valuation of new coins on the platform is inevitable, the on-chain anti-witchcraft completely failed.

—— 100 million USD liquidity incentives + subsidies for small and medium market cap tokens prosperity plan. Pure XX scheme, of no use at all. This money could have been used to break the valuation ceiling, even using it to reopen liquidity incentives for Cake would be much better than now.

—— @soon_svm and @baosonbnb's grand conspiracy group route. Previously, I was worried that BaosWorld was dragging on for too long and would cause problems, but from the progress in the past few days, the team really understands, the previous FUD was merely a project conspiracy group, but as long as they know how to play and can pump, the conspiracy group is not a bad thing. Soon is even more so, with funds in hand, good at marketing, and adept at playing assets. This route is currently BNBChain's biggest hope.

How to deal with mouth pulling?

--Use mouth to take over

Be careful of bull traps
#BTC #ETH #SOL

A simple interpretation of @beans_fun's whitepaper (PS: I kind of like this abstract whitepaper)

Mechanism

1. A pre-sale once a day, selecting one project from a batch for launch (chosen by funding), with 31% of the selected Token added to the PumpSwap pool and 69% allocated to the pre-sale. Refund Sol for those not selected.

2. The first 5 minutes of funding selection is free, with dynamic fees charged thereafter (up to 25%), which become protocol income, 10% belongs to NFT (not sure what that is, probably not issued yet), and 90% goes into the treasury.

For example, if you fund 1 Sol in the first 5 minutes and it fails, you will get back 1 Sol, but if you finish it, you might get back 0.9 Sol or 0.75 Sol. This setting is because the later it is, the easier it is to know which coin can be selected, creating a balance.

3. The Sol after deducting protocol income will be divided into two parts, one part added to the pool and the other as a reward for delayed claims. If the claim is late, in addition to Memecoin, an extra Sol bonus can also be obtained.

Key Points

1/ The mechanism is well-designed, incorporating the 33 mechanism in both the funding and claiming phases.

This can alleviate the rapid flooding caused by severe inequalities in chip costs directly through pump/four at the opening (this issue is more severe in cases of insufficient liquidity).

2/ Launching a project every day artificially creates a focal point for Memecoin attention, gathering the market's residual and dispersed liquidity (Baosfun has similar characteristics), and it can also be imagined as an on-chain version of the beloved fixed activities in Hainan — illegal gambling.

3/ To be honest, if I had seen this project a bit later yesterday, I would definitely have jumped in, but I saw that the first $Bean only had 600K, and the chip structure wasn't great, so...

A project with 600K cannot support linear quantity growth and splitting.

In light of Trump's irresponsible tariff policies causing serious damage to the crypto market, I announce a series of countermeasures:

1/ Refuse to attend KFC Crazy Thursday on April 10, April 17, and April 24, and reserve the possibility of extending the deadline further.

2/ Start unsubscribing from McDonald's McGold Card from April 2025, unfollow the Walmart public account, and remove Starbucks from the mini program favorites list.

3/ No longer recognize Burger King as the king of burgers.

Not even Binance reserves ETH, what illusions do you still have?

#ETH #BTC #BNB

In fact, the entire week after 312 is an epic buying opportunity in the last 5 years

Only goal: Don't die

Brother Sun has a total of 500 million that cannot be withdrawn, the compensation plan is as follows:

10%, which is 50 million, to be distributed in the form of PUSD
1.5%, which is 7.5 million, to be distributed in the form of a family bucket of 30 unnamed air coins, in addition, since the minimum transaction amount for a single coin is 1 million, you need to buy some first before you can sell
8.5%, which is 41.5 million, platform coins, released linearly over 30 years, and also requires a fee to unlock
90%, which is 450 million, to be distributed in the form of 100 vouchers, each with a face value ranging from 10 million to 4.5 million, valid for 3 days

Additionally, to encourage deposits, the platform will provide up to 20% annualized financial returns for platform coins from its own pocket

Small print: 20% only applies to the first 100U
Tiny print: Redemption fee 81%

After observing for a few days, @soon_svm's operational strategy is worth learning for many projects and public chains.

1/ Asset-centric. The core asset over the past few months has been Soon NFT. The NFT is a multi-round IDO with a layered structure and price discrimination. The design of the price and invitation mechanism has many highlights, and it was one of the first projects to combine influence with @KaitoAI.

KOLs, VCs, and users each put their chips on the table, resulting in high circulation and high market-making potential.

The second wave is the assets on @cobaltx_io over the past few weeks, with Dragon One and Dragon Two reaching 8m and 6m respectively, and the trend is very stable, as if pouring in results can lead to a rise again; Top 4 has all seen a rise of over 50% today.

This is a very clever approach, directly using the advertising budget to create assets, resulting in much higher efficiency and a better appearance. In the context of VC coin aesthetic fatigue, the Memecoin era has eliminated the intermediate steps, leaving only angles and the secondary market. The price of the coin is the best product; the pre-release asset price before issuing coins is the best product (recently, Mopho's black card follows this logic).

CZ noticed and retweeted, the discussion brought by the wealth effect of $RAHUL played a core role.

2/ Always provide positive feedback to believers.

Users who believed at the beginning receive an NFT upon clicking. Seeing that $RAHUL bought in with an IQ of 50 for a basic 10-20x, they continue to buy; $UwU also has a 2-3x.

(A little complaint: the blockchain is very smooth, but the DEX and these two project parties are a bit amateurish; anyone with an IQ of 60 would not be able to buy even a bit.)

Then there's the current Red Pill Cabal, which shows 7 relevant tweets you posted. If I don't receive an airdrop after posting all 7, I will take the lead in defending rights :) Additionally, this part will be manually reviewed. Personally, I feel this belongs to using the budget effectively; even increasing the manual market budget by 50% can at least elevate the efficiency of incentives to over 200%.

Here are some projects I've noticed; the ecosystem is slowly starting to become more active:

@cobaltx_io @PortalFinance_ @ai_uwu_cat @getpuffyai

Recently, I conducted another routine tracking of the ETH ecosystem, and the only takeaway is that researching the ETH ecosystem is purely a waste of time.

1/ Core on-chain data completely collapsed in Q1 2025 (previously it was just hanging by a thread with Base).

2/ The growth momentum that teachers enjoyed at the beginning of 2024 has completely extinguished. Traditional sectors like DeFi, L2, and NFTs are all barely alive, AI and Memecoins have nothing to do with ETH, and Stablecoins seem to be flat, saving face (in reality, competitors are growing rapidly, and being flat is equivalent to a decline). RWA only has paper TVL with no real activity.

3/ $ETF Staking seems to be a potential benefit, but in reality, it's just the last hope to hold up the price of ETH. Large funds are using USD at a funding cost of 5% to buy your 2% APY Staked ETH. (By the way, this doesn't even account for management and custody fees. Have they lost their minds?)

#ETH

Recently, I conducted another routine tracking of the ETH ecosystem, and the only takeaway is that researching the ETH ecosystem is a complete waste of time.

1/ Core on-chain data completely collapsed in Q1 2025 (before it was just hanging on by Base's breath).

2/ The growth momentum that the teachers enjoyed at the beginning of 2024 has completely extinguished. Traditional sectors like DeFi, L2, and NFT are all barely alive; AI and Memecoins have nothing to do with ETH. Stablecoins seem to be holding steady to save face (but in reality, competitors are growing rapidly, and being flat is equivalent to a decline), and RWA only has paper TVL with no actual participants.

3/ $ETF Staking seems like a potential benefit, but in reality, it is just the last hope for holding up ETH prices. Large funds are using capital with a cost of 5% USD to buy your 2% APY Staked ETH. By the way, this doesn’t even account for management fees and custody fees. Is this a case of a brain being caught in the door?

#ETH

Since ancient times, big hair has been given away for free

UNI OP ENS ARB TIA

Just charge 150U and don't limit the amount...

The eETH PT implied APY on Pendle with a 150-day term has reached 30%+

The combined TVL of Blast+Manta is approaching $2B, and there are more $B-level L2s and $100M-level LRDs on the way

The chaos is also after a huge bubble

Can't find a reason to be bearish on ETH in 2024H1
#ETH
#内容挖矿

1/ Regardless of actual impact, Cancun upgrade & ETF can at least draw market attention back to ETH

2/ L2 and LRT are about to bring a new round of asset issuance frenzy (bubble), ETH, as the only real golden shovel, will be further scarce

3/ The exchange rate retreats to 0.055, ETH becomes the best target for BTC profit-taking funds seeking rotation and missed-out funds seeking catch-up

4/ What does grayscale selling BTC have to do with ETH, if they want to sell ETH, they will have to wait until ETF is approved first, there might be false killing

ETH is a very good target at least in the first half of 2024

Already rushed in, whatever

#内容挖矿
#BTC
#ETH

More to say

Follow Sifu on-chain account dynamics and #CRV contract position data

Update it

In the past few hours, Michael collected some assets to repay the loan and adjusted the loan distribution, exchanging some cvxCRV into CRV to supplement the margin.

The health factor becomes 1.35-1.4, and the liquidation trigger price drops to around 0.33

But once it was triggered this time, several positions exploded at the same time.

The bigger problem is that the coefficient of UwU is also below 1.4

The two accounts Sifu and SifuVision provide approximately 30% of UwU’s stablecoin liquidity.

The detonator has been handed over to Sifu.

As a reminder, Curve founder Michael Egorov’s CRV debt position is once again at risk of liquidation

At present, he has borrowed more than 54 million U on multiple lending platforms. The collateral and remaining assets in the wallet are mainly Curve

There is another interesting thing. Michael has borrowed a lot of U from Silo and UwU in the past 24 hours to repay the FRAX loan, replacing the Frax loan with a loan with a lower interest rate while avoiding falling into a loan sharking mode due to excessive utilization. 0xSifu is like this again Two major liquidity providers for lending protocols, providing 12m and 2m stablecoins respectively

Some time ago, @DeFi_Made_Here pointed out that 0xSifu was suspected of borrowing CRV from Silo for short selling. After Michael reduced the amount of CRV deposits and raised the interest rate, sifu repaid the loan.

But now Michael’s health factors in UwU and Silo are only about 1.4. If someone borrows CRV again, it is likely that they will not be able to lower their CRV deposits like last time, because Michael will be liquidated before short sellers.

Let’s see what happens next 👀

Only then did I discover that BNB’s 0628 delivery contract had a negative premium of 2.8%.

I’m not sure what the normal premium rate of BNB is, if it’s calculated as +2.5%

Buy spot and short futures at a positive premium position, and you can buy new ones in each period for free.

And now there is a 5% floating profit, you can advance, attack, retreat or defend.

For a slower one, if you enter the market at the current market price, the cost is 2.8% + handling fees and wear and tear, and the income is new income in each period from now to June.

Wonderful👀

This research report by Martrix is ​​so confusing that it is hard to imagine that it was written by a regular practitioner from a regular financial institution. Here are some excerpts:

1/ The standard for judging whether a trader is good or bad is how much money they make when their judgment is correct and how much they lose when they are wrong.

2/ All of our views are supported by data, balabala, but we can’t get any data on the upcoming ETF approvals

3/ The U.S. Securities and Exchange Commission (SEC) will approve a Bitcoin spot ETF in the U.S. a decade after rejecting it, and its discount has been reduced to -8%, indicating a 92% chance of pricing approval

ps: According to this logic, if gbtc has a premium of 1%, the possibility of pricing approval is 101%?