Market makers provide both buy and sell quotes, creating a token trading service provider with liquidity and depth.
➬ There is no market maker, the trading depth is insufficient, users cannot sell tokens at the holding price, nor can they buy the required number of tokens, which increases transaction costs For example, in an order book-based transaction, if you want to buy 10 tokens, if there is a market maker that provides sufficient liquidity and the price of each token is 4000U, you only need to spend 40000U to buy 10 tokens; on the contrary, if there is no market maker to guarantee sufficient liquidity, the possible situation is 5 sell orders of 4000U and 5 sell orders of 5000U, and your purchase of 10 tokens will cost 45000U, which is 5000U more than with a market maker.
Token Economics Decoded: From Circulation to Empowerment, a Must-Read Guide for Investors
Token economics sounds pretty intimidating. I remember when I first read the project white paper, I skipped this part directly. After all, I had never studied economics. 🤣 In fact, token economics mainly talks about two things. One is the information about the number of tokens, such as the total amount, circulation amount, unlocked amount, etc. The other is the role of tokens in a project or ecosystem, which is often called empowerment. For example, $ETH is used to pay for Gas. Next, follow my thoughts on token economics!
➤ About the number of tokens: The basic information of a token includes at least a few points: the total supply of tokens, the initial circulation of tokens, and the distribution of tokens (project owners/early investors/community airdrops). From these, we can deduce some indicators of whether it is worth buying:
Figure one shows the trends of 2012, 2016, and 2020, all indicating a surge after Christmas 2024. The chart is from @0xUnicorn独角兽 !
Figure two is the prophecy from @杀破狼 WolfyXBT : December 23, 2024, is the explosion time for this round of altcoin bull market! There are still 12 hours left until the end of the 23rd in Beijing time!
Both charts suggest that we are about to welcome a raging altcoin bull market. Let's wait and see!🫡
300,000 USD reward + Integration with Binance + Increase visibility through Binance Square!
dappOS has successfully allowed some friends to experience the convenience brought by intent, which is the way PiPi likes to promote the large-scale adoption of Web3!
Regarding dappOS and intent, PiPi has written an in-depth research article, which everyone can refer to if they are not familiar!
➤ Activity Experience:
The event is in collaboration with Binance Wallet, and you can directly check the activity information and participate through the wallet's activity section.
There are two types of tasks: one is to claim NFTs with no threshold and no cost, and the other is to perform spot intent trading using dappOS.
The first type of task can be completed by simply clicking three times!
The focus is on trading; this time PiPi has fully completed the four steps from withdrawal to wallet, buying, selling, and verifying tasks.
Withdrawing from Binance is different from regular withdrawals; you only need to enter the withdrawal amount, without needing to select a chain or enter a wallet address!
This step alone greatly lowers the usage threshold for new users. Although this is not the main focus of dappOS, it deserves praise.
One cannot help but admire how closely dappOS is integrated with Binance!
Next is the trading, which is almost like a CEX trading experience, also without needing to select a chain. PiPi's 12U can be directly placed as a limit order, waiting for it to be executed, and selling is the same!
The task was completed in just a few minutes; the process is so simple and complete that there is even no need to write a tutorial.
However, the official still provides corresponding beginner's tutorials, such as: how to withdraw to the dappOS intent wallet, which is very thoughtful!
➤ Integration with Binance:
dappOS should be the only dApp that collaborates so closely with Binance (Binance withdrawals/wallet activities), right?
Binance itself has a massive user base, and dappOS can not only leverage wallet users to develop itself but also allow everyone to experience the simplified on-chain world.
Moreover, dappOS has the investment from Binance Labs, combined with the collaboration with the wallet, hmm, it has a good chance of going directly onto Binance!
➤ Increase visibility through Binance Square:
This goes without saying; without the square, people wouldn’t see this post, and in the next couple of days, many contents about dappOS should be visible.
This also promotes the development of intent concept products and advances the large-scale adoption of Web3, 👍
In-depth analysis of dAppOS and the intention track
The problem it intends to solve is to simplify user operations and optimize user experience, which is also one of the problems that Web3 urgently needs to solve. dAppOS, which has a top investment lineup and precise positioning, is undoubtedly the leader. As for why intention was born, I mentioned it in my previous Binance Space. Here is a text post. If you are interested, you can take a look. 链接:https://www.binance.com/zh-CN/square/post/12912643643178 For those who already have a certain understanding of the intention, you can scroll directly to the section on dAppOS! ➤ Intent Workflow:
Today, my group members were squatting to grab the "Year of the Snake Commemorative Coins", which reminded me of the commemorative coin grabbing with my colleagues in 2016.
I remember that we discussed squatting to exchange several sets of commemorative coins at the bank, and later a colleague whose father worked in the bank heard it.
I said directly, no, I will give you a few sets tomorrow, and there are other commemorative coins. I will go back and find what you want. I will give you the cheap ones, and you can see if you want to buy the expensive ones, 🤣
Binance Launchpool has a new listing, this time featuring the BIO Protocol from the decentralized science (DeSc) narrative. Prior to this, Binance had already invested in the BIO Protocol!
Based on the historical yield, the average annualized return for Launchpool is 1.3%+, but this time the mining will last for 10 days, starting from December 24, 2024, at 08:00!
Originally planned to convert USDT to FDUSD but didn't have the time, and now I missed out on PiPi's U!
ℹ️ Decentralized science (DeSci) refers to utilizing blockchain and Web3 technologies to ensure that the research process (including research, peer review, publication, and funding, etc.) no longer relies on traditional centralized institutions (such as large publishers and foundations) but instead achieves a more open and transparent research ecosystem through a distributed network.
BitHappy
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Overview of the annual yield of Binance #Launchpool over the past 21 issues and the price estimate for $VANA !
The average yield is 96%. If the current $VANA wants to achieve the average yield, the price should be 15.93 U!
Data from Planet Daily!
When asked why the price of USUAL is 0.73, the response was the pre-market prices collected from three points.
Tracking the project with the highest DePIN node count: Roam
Recently researching the DePIN project Roam, which ranks first in node count on DePINscan! First, I can clearly tell everyone that the project team is up to something! The project is not far from TGE, and PiPi is currently looking for ways to obtain low-cost chips while researching Roam's business and development roadmap, which should become one of the long-term projects to track. This post is divided into three parts: 1. Basic information about the project; 2. How to earn chips; 3. Field expansion! ℹ️ DePIN (Decentralized Physical Infrastructure Networks) is a decentralized physical infrastructure network that combines blockchain technology with real-world infrastructure, using a token incentive mechanism to build and operate distributed physical networks.
Figure one shows the trends of 2012, 2016, and 2020, all indicating a surge after Christmas 2024. The chart is from @0xUnicorn独角兽 !
Figure two is the prophecy from @杀破狼 WolfyXBT : December 23, 2024, is the explosion time for this round of altcoin bull market! There are still 12 hours left until the end of the 23rd in Beijing time!
Both charts suggest that we are about to welcome a raging altcoin bull market. Let's wait and see!🫡
🌅 Last week's top ten revenues in the "Decentralized Exchange/DEX" track!
I really like seeing $UNI at the top (revenue 40.62M), although it has been alternating at the top with $RAY (revenue 32.89M) for the past few weeks.
$RAY being at the top is definitely due to Solana MEME, but now $UNI is likely at the top not because of MEME, but rather due to on-chain liquidations (just my guess), and I doubt many people are playing MEME on Ethereum anymore?
$CAKE's revenue is 20.73M, a slight drop of 1.2M. This is in the context of multiple BNB Chain tokens being listed on Binance Alpha last week, and I thought it would lead to significant revenue growth, but it seems not so good. Also, $ACT is going to migrate to BNB Chain, good luck!
$AERO and $ORCA both saw about a 20% increase in revenue, and the Base chain where $AERO is located seems to be considered as the next home for Ethereum's MEME; $ORCA is in Solana, no need to elaborate.
$CETUS's revenue increased slightly by 10%, while $BLUE dropped from tenth to eleventh place last week, showing a decline in popularity.
$SUN's pump has been in the top ten for three consecutive weeks now, what is it doing? I haven't seen any news, and Gas prices have shot up, making me reluctant to withdraw my funds from Tron.
Hehehe, another one of my favorite projects, $CRV, finally made it onto the list, ✌️
As usual, I won't comment on things I don't understand, you can check the data yourselves!
BitHappy
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Bullish
🌅 Last week's top ten revenue in the 'Decentralized Exchange/DEX' track!
$RAY ranked first again. Was there any popular MEME on Solana last week? 🤔
$UNI's revenue data remained almost unchanged. PiPi made three times his investment when it was at 18U, and he has no intention of buying back.
$CAKE's revenue increased from 15.21M to 21.98M, a 40% rise again. The BNB Chain is still quite active, for example, the latest daily 33 BNB is used for top Meme coins and airdrops to $BNB and $CAKE holders.
On the day $CAKE announced the launch of the Pump platform and rose to 4.5U, PiPi was busy writing tweets about $CAKE and missed the opportunity to sell. Later, on the 10th of September, when it dipped, he bought a large amount at 3.16.
$AERO's revenue also increased by 20%, likely related to the Pump platform Virtuals Protocol combined with AI Agent. Several projects launched last week by Virtuals had good growth, which also made AI Agent more popular.
$ORCA also saw a 20% increase, similar to $RAY, with its core business on Solana, but PiPi no longer holds it.
$SUI reached a new high last week, with two of its protocols in the top ten.
$CETUS rose two positions, with an increase of 40%+;
$BLUE has been rising since its TGE last week, with a low of 0.14U and a high of 0.86U, currently priced at 0.7U. PiPi sold most of his holdings when it was at 0.8U, which is a market cap of 100 million.
I don't know much about the others, so I won't comment on them. Everyone can check the data for themselves. 🤣
Deutsche Bank is building an Ethereum L2 blockchain called Project Dama 2 based on the ZKSync Stack!
What did Pi Pi say? ZKSync mainly represents a more advanced technical route for L2.
The advantage of ZK Rollups over Optimistic Rollups lies in its use of zero-knowledge proof technology, providing higher security and privacy while achieving instant transaction finality without the need to wait for a challenge period, which means faster fund withdrawals and lower fraud risk.
However, OP's SuperChain has recently been working on some interoperability innovations, which is also great!
But it's highly likely that the technology of L2 will migrate towards ZK in the future. If I remember correctly, Optimistic Rollups have always been considered a transitional phase!
Hmm, the WLFI, known as the Trump Family Project, actually has no legal relationship with the Trump family.
The project claims to be "the only DeFi platform inspired by Trump," and although on its official website, Trump is referred to as the chief crypto advocate, several of his sons hold the title of ambassador.
However, there is also a statement on their website saying that the Trump family has no relation to them, which is quite amusing, haha!
But it doesn't matter, this is the crypto world, expectations are more important, and everyone will choose what to believe!
I guess the next thing it will buy is $CRV or $UNI , what do you think?!
🔔 It currently holds $ETH $cbBTC $LINK $AAVE $ENA $ONDO
😮💨 In the past year, the Ethereum Foundation has sold $ETH 32 times, 15 times close to the high!
Since the last sale of 100 ETH on December 17, the price of ETH has fallen by about 17%, once again demonstrating their accuracy as an indicator!
Although the selling pressure brought by their sale of Ethereum is not great, it represents the judgment of that group of people on Ethereum and even the market!
Pippi is not familiar with Pudgy Penguins, but is very interested in the story and development path of the fat penguin! I plan to take a brief look at its history and see how Pudgy Penguins created an original IP through NFT! The first time I came across Fat Penguin was when I was chatting privately with a friend and I discovered that her avatar was Lil Pudgys. It should have been around October 2023. My friend’s posting style was very funny, and she used such a cute avatar, which made Pipi have a lot of good feelings towards her.
penguin!!! Now she has no updates and Pipi has lost contact with her. I miss my old friend!
Still, one must go with the flow. Recently, community members chose MOVE in $MOVE and $BLUE.
He said he really likes chain abstraction, which is fair. The narrative of chain abstraction is indeed more grandiose, able to solve many existing underlying problems, such as liquidity fragmentation and high barriers to entry.
But what is the hottest trend right now? It's the 'on-chain contract exchanges' driven by Hyperliquid and the new highs brought about by Sui's 'Sui ecosystem'!
The 'momentum' brings not only the heat of discussion but also the influx of funds.
Everyone knows that when PiPi was at 0.16U, he did not manage to increase his position in BLUE, and we also know that PiPi exchanged part of his BLUE chips for stablecoins at 0.8U and deposited them in Bluefin for stablecoin mining.
However, PiPi's funds did not flee the Sui chain; he is still looking for opportunities to buy back BLUE!
After all, Bluefin is already the absolute leader in the Sui chain derivatives track, and according to DeFillama's 24-hour income data, Bluefin ranks fourth in the derivatives track and eighth in the decentralized exchanges track, when previously it was not even in the top ten.
Just like PiPi wrote in his first tweet #Bluefin , strong! Strong! Still strong!
🥳 Finally, #BLUE has突破 0.8U, and the circulating market value has also reached 100 million. Congratulations to friends and to myself!
Before the TGE, the information I saw was a circulating volume of 150 million, but today I see the circulating volume is only 124 million. Most likely, I misread it, sorry, 😂
Pipi sold a portion and plans to continue mining with USDC-USDT, currently at an APR of 64.7%. #Bluefin
Although Pip was just a little bit away from a tenfold increase half a month ago, which resulted in not being able to issue a report!
However, the benefits sent by $BNB are indeed numerous, and the accompanying image is described by the official Twitter as 'One fish, four eats'!
According to statistics from the Planet Daily, the average yield of previous Launchpool events is around 1.3%, along with MegaDrop and Hodler airdrops, which are all benefits for $BNB Holders!
These combined are much higher than the annual returns of stablecoins!
Pip’s cost for $BNB is approximately 220U, and he has held on to it until now, with the quantity increasing.
Can't blame Pip for bragging; Pip has really made money on BNB! 🥳
BitHappy
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Overview of the annual yield of Binance #Launchpool over the past 21 issues and the price estimate for $VANA !
The average yield is 96%. If the current $VANA wants to achieve the average yield, the price should be 15.93 U!
Data from Planet Daily!
When asked why the price of USUAL is 0.73, the response was the pre-market prices collected from three points.
The "Norovirus" on Sunday, today is the third day, and I haven't fully recovered yet, it's so hard!
If any of my friends are unfortunately infected, don't eat or even drink water, go directly to the hospital for a nutritional injection!
Eating or drinking water (water will also be vomited out), it will get stuck in the chest, and you will always want to vomit. Even if the food enters the stomach, it will not be digested. The most uncomfortable thing is that you want to vomit but can't vomit, and it is accompanied by high-frequency diarrhea. I dare not leave the bathroom at all.
It will be much better after vomiting, but you will have a fever. At this time, take antipyretics quickly. Don't eat after eating, and you will have to vomit after eating.
When you don't feel like vomiting, go get a bowl of clear porridge to drink and test the working condition of your stomach and intestines. Don't eat greasy or spicy food. The feeling of hunger in the stomach is the most comfortable of all symptoms.
Pipi was the most uncomfortable on the first day, and it was much better on the second and third days. The body was a little uncomfortable, but it was okay. The most important thing was the constant headache.
Pipi has recently ambushed many projects, but has seen fewer in the blockchain gaming sector. However, a friend asked for a game for those who want to play!
In traditional games, Pipi mostly plays strategy and simulation management games. His gaming experience can be traced back to middle school when he played "Red Alert" and "Age of Empires." He enjoys that feeling of strategizing, even though he often fails. 🤣
This time, the recommendation is #BLOCKLORDS , a medieval-style MMO strategy game that took six years and spans bull and bear cycles.
Pipi has always had its NFT in his wallet, which is one of the reasons he is willing to engage with it.
The gameplay combines elements of agricultural simulation, civilization development, resource management, large-scale battles, strategic command, and political development, making it a large medieval strategy game.
The specific gameplay will be left for everyone to explore on their own, after all, playing through tutorials reduces half the fun.
Everyone can download and play for free directly on Epic Games. I must say, Epic is much more open than Steam, truly worthy of being a large company with a connection to Pipi!
➤ However, since it is a Web3 game, let me introduce the background:
BLOCKLORDS has raised over 15 million USD and has been focused on original design around Web3 for six years. The development team includes developers from top studios like Ubisoft, EA, and Paradox, and has also received support from well-known institutions like Bitkraff and Animoca.
According to official data, the early launched web version attracted over 1.85 million users. The current web version can interact with the main game, so there is no need to worry about asset interoperability.
To address potential performance issues that blockchain may face and pave the way for the future, Blocklords has launched the L3 dedicated chain solution LordChain based on Base, powered by the exclusive token #LRDS , which enables node rewards and in-game governance.
As the exclusive token, $LRDS can be used to unlock almost all game experiences and participate in community governance, allowing users to decide the game's development path.
Currently, the total supply of $LRDS is 100 million, with a circulating supply of about 21.7 million. As of the time of this writing, the price is $0.71, with a circulating market cap of about 15.4 million USD, which is not high.
🔔 Pipi is a veteran game developer but has paid less attention to the #GameFi sector. However, amidst cryptocurrency trading, one must find a way to entertain!