There are both normal investment behaviors, risky speculative behaviors, and more profitable behaviors by doing evil.
Title of the original text: “Even Meme? Here are the seven “weapons” of DeFi gold rush! 》
Written by: Mark
DeFi is very popular.
Various “gold mining” methods are emerging one after another: grab the first mine, grab airdrops, move bricks for arbitrage, and then issue counterfeit coins and all kinds of scams…
Among them, there are normal investment behaviors, risky speculative behaviors, and even more profitable behaviors by doing evil.
It has been 3 months since COMP triggered the DeFi boom in June.
DeepChain has compiled the various “gold rush” methods that have appeared in the DeFi field in the past 3 months, not only as a summary of the past, but also as a guide for users’ future investments.
Head miners, make a fortune
The so-called head mining means that some investors are looking for high-quality foreign projects everywhere, and in the first place to deploy, when the number of participants is relatively small, they earn huge early dividends.
Users need to have two elements for mining heads, namely, the eyes to discover high-quality projects earlier than others, and the patience not to fear the cumbersome mining steps.
Take UNII, which was very popular yesterday, as an example. Most users are still wondering whether the 400 airdrops are worth and whether they are worth receiving and selling. However, smart investors participated in mining in various ways as soon as UNII appeared. In the process. Soon, smart investors succeeded in digging the top mine, and some users even dig up more than 300,000 UNII in just 4 hours.
UNII pledge interface
Because UNII has a high mining threshold, users are required to go to Balancer to increase liquidity through UNI, or purchase UNII to increase liquidity to obtain BPT with similar computing power weight.
This time Balancer is just undergoing an upgrade. Many users are directly stuck in the first step and don’t know where the old entrance of Balancer is. After completing this operation, go to UNII official website to pledge BPT to obtain income. However, the official website is quite general and will always report errors when staking, so there are not many users who actually participate in UNII mining.
But for players involved in mining, the early cumbersomeness in exchange for rich returns.
Since then, as UNII hotspots have been hyped up, after matcha directly launched UNII, UNII began to become valuable, so the users who participated in the early mining made a lot of money.
According to an early miner, in addition to mining to obtain UNII, he also bought 100,000 coins with 1 ETH when everyone was crazy to sell cheap tokens. At present, personal currency holdings occupy the top five except for contract addresses. Get rich directly.
Take advantage of poor information and participate in high-quality foreign projects
Among investors, some players use the first-mover advantage to get top mining profits, while some players use their own information to participate in airdrops for foreign projects.
MEME’s money-making effect triggered a surge in NFT projects
For example, MEME, the hottest liquid mining + DeFi concept project in the market recently, has increased by more than 10,000 times since its launch on Uniswap today. And this project will airdrop tokens to early participants, and the value of tokens each participant has received has exceeded 600,000 U.S. dollars.
Many people in the industry say that the UNI airdrop is an Apple mobile phone given to everyone by Uniswap, so the MEME airdrop is a direct gift to everyone.
In addition, in addition to MEME, the community also issued another project YTSLA, which started to rise steadily after it went online, and then went online on the second-tier exchanges soon, and many early participants also benefited from it.
These are the rewards for some discerning users to participate in the early airdrop.
Compared with ordinary users, those players who are good at understanding the information and hot spots of foreign currency circles tend to have more opportunities to make money.
Especially for foreign high-quality projects, the domestic news is too lagging, and it takes a long time to discover the value, and eventually they are hyped. Therefore, if you invest in high-quality foreign projects in the early stage, you will have good returns.
Move bricks to make a profit
For most users, the operation of “moving bricks” may not be thought of. The violent volatility of the secondary market has led to a spread between DEX and CEX, and the frequency of such spreads is quite high, and as long as the funds are sufficient Larger can ignore the high transaction fees on Ethereum.
Therefore, arbitrage has become one of the investment methods that many players are keen on.
SAKE price difference between different exchanges
For example, SAKE, when the price of SAKE on the centralized exchange drops by 50%, interested users will quickly buy the tokens and put the tokens on Uniswap, and sell them quickly; conversely, when SAKE is on the centralized exchange When there is a rapid increase in the price difference, users quickly buy from Uniswap on the decentralized exchange and sell it. As long as the profit here is higher than the arbitrageur’s handling fee, it is a profit for the arbitrageur.
In addition, there is also OKEx’s DeFi project CRV. Previously, because the concept of liquid mining was normalized, CRV attracted much attention as soon as it came out. Because the market was too hot, many users bought crazy, causing the price to be too high, but at the same time, CRV has been at a low price on Uniswap.
As a result, some users keep moving bricks to smooth the price, and get three times the income through several operations.
Even on Uniswap, there will be robots that specialize in “moving bricks”, focusing on large orders. As long as the user places a paying order, the robot will preemptively buy in front of the user at a higher gas fee, and then sell it to the user. Earning the spread, there may be a gain of 0.1 ETH to 0.3 ETH at a time. Although it is not much, it is repeated and the profit is still considerable.
On Uniswap, fake currency is issued for profit
The reason why the act of issuing counterfeit coins is also included in one of the ways to make money in liquid mining is not to encourage users to issue counterfeit coins. The bad behavior of issuing counterfeit currency is not worth promoting at any time, but the reality is that issuing counterfeit currency can indeed make money, at least on Uniswap.
Due to the low threshold for listing of tokens on Uniswap, some teams started to create various fraudulent projects frantically after understanding the rules of Uniswap, and the market also spawned fake coins.
YFIM crowdfunding ETH address information
When YFI was popular in the early days, there were counterfeit coins such as YFIII, YFIM and other “Lee ghost” styles. On Justswap, the former DZI, the latter LOOP, ANK, etc., the degree of counterfeit currency proliferation is comparable to Uniswap.
UNII Counterfeit Currency Project
Even UNII, which just appeared, also had counterfeit coins with the same name. Many investors didn’t figure out the situation and didn’t pay attention to the contract address and bought counterfeit coins directly.
Afterwards, the gameplay of counterfeit coins also began to upgrade. For example, counterfeit coins such as Wing and APY. Their smart contracts only allow users to buy. Therefore, users continue to see high increases and buy directly, but they find that they cannot be sold. , Was directly deceived.
At present, as long as you check a DeFi currency on BitKeep, there is a high probability that you will see that a currency has several identical names, and there are many counterfeit coins among them. So that if users want to conduct transactions, they have to find the real currency through the contract address.
The proliferation of counterfeit currency may be the status quo of DeFi, but the dramatic thing is that the bad behavior of issuing counterfeit currency has actually been exchanged for rich material returns.
On the morning of September 17th, Uniswap officially announced that it will release its governance token UNI on the Ethereum mainnet. As long as the user’s account has provided Uniswap with liquidity before September 1st, they can receive 400 UNI short rewards.
The chat of the counterfeit currency project party in the QQ community
The reward is good, but some people have used hundreds of accounts to issue counterfeit currency, and these accounts are also included in the category of providing liquidity accounts. These counterfeit currency players can often get more UNI airdrops than normal users. One account can receive 400 UNI, according to the price of UNI at the time of $4. These users can also earn millions from it and make a fortune directly.
False news
In addition to issuing counterfeit currency, there are also behaviors in the market that use fake news to harvest leeks to “get rich.”
The “vulnerabilities” spread in the community that can be exchanged for a high number of HT
On September 18, Huobi announced the issuance of 10 million TRC20-HT cross-chain assets on the TRON network.
It was originally a happy thing for everyone. However, during the process of social communication, some screenshots flowed out. The screenshots indicate that some users found loopholes in TRON and can buy 46,955 “HT” for 1USDT, which is $0.00002. One. At that time, the price of HT was around US$4.8, which is 240,000 times the difference between the two.
The huge spread made the community explode in an instant, and various investors flocked to it, thinking that the wool that could be “wrapped” through this bug, they rushed to buy the so-called “HT”.
In addition, the FOMO sentiment in the market is so high that more and more investors choose to enter the market, and the price of “HT” currency has been pulled up tens of thousands of times in a short period of time, and some users have made money by buying low and selling high. some money.
But the good times did not last long. With more and more funds gathered in “HT”, the true identity of the team behind “HT” also surfaced.
The so-called “HT” is not a real HT, but just a counterfeit currency issued by some criminals under the guise of the news that the real HT was launched on TRON.
Because the counterfeit currency and HT are online on the same day, and the counterfeit currency is exactly the same as the real HT except for the contract address, the majority of users are deceived by the fake news deliberately disseminated in the community without time to distinguish it carefully.
In the end, the criminals earned all the TRX and USDT in the fund pool through two harvests, and the vast majority of users were directly harvested. Therefore, the scammers have made millions in this wave, and users are still unable to defend their rights. As a result, the scammers get away with it and continue to find opportunities to harvest leeks.
Large funds to dig high-quality projects, stable income is also considerable
To obtain high-value UNI airdrop returns by issuing fake coins, luck is the majority to some extent, while using fake news to harvest players is outright evil.
For the majority of users, luck is unpredictable, and evil is undesirable. More often, it is mainly to earn stable income.
Uniswap mining interface
For liquid mining, the annualized rate of return of most projects far exceeds that of traditional financial investment, and even some projects reach an annualized rate of 5000%. As long as the project is safe, it can still attract a large amount of off-site funds to participate.
So there are such stable and profitable miners who are looking for safe and stable profitable projects in the market, such as Compound, Aave, Curve, UNI and other projects. Use large funds to mine, and then continuously sell the obtained tokens to obtain stable income.
Investors like this type will not participate in the second pool with an annualized rate of tens of thousands. As long as the income can be stabilized, there is no need to take risks to obtain high returns. As long as the liquid mining project is stable , For these users, it is a steady profit.
Value investment, eventually paid
Finally, it is value investment that is more “Buddha” than prudent investment. But “Buddha” does not mean low income.
There are relatively few types of investors of this kind. They have a considerable understanding of the DeFi products and agreements in the entire market, and they also understand the current stage of DeFi in the market and which products are worthy of long-term attention. Pay attention to the development of the project, the scale of funds, the scale of users and the volume of business, and even the technological innovation of the project.
YFI recent candlestick trends
For the DeFi aggregator track, in the beginning, many users actually didn’t understand the role of these projects. Everyone only knew that some people would take over these projects in the secondary market, and they could get profits in time. But for investors who have a good understanding of DeFi projects, they will see this as a big opportunity. In addition to mining, they will also go to the secondary market to take orders at low prices, and can hold them for a long time, grow with the project, and wait until the project has completely exploded before shipping.
In the currency circle, especially in the DeFi field, there are many “wealth codes” every day, but for investors, it is enough to seize the opportunity that suits them best.
For example, YFI, which created the myth of skyrocketing tens of thousands of times in 32 days ago, as long as users truly understand the industry, trends and projects, and then add a little bit of patience, they can often reap unprecedented returns.
The DeFi era is full of opportunities, and there is never a shortage of adventurers who use various methods to “sweep for gold” in DeFi.
However, although there are many opportunities to make money, it is also accompanied by various risks. Moreover, if the investment method is not appropriate, it may also cause losses.
As an investor, in addition to avoiding potential risks in the market, it is more important to find an investment method that suits you.
Source link: mp.weixin.qq.com
