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❶ How to study Token in the encryption world

The purpose of writing this article is to provide you with an introductory perspective of Token-based research and judgment. Making decisions should be based on more information and knowledge, which can reduce risks to a certain extent.

Let’s look at a set of data first: As of 2022, there are approximately 6,000 cryptocurrencies (or more) on the market. This is certainly a big opportunity for investors. However, in 2021, investors encountered fraud in the Crypto project and lost US$12 billion. Therefore, Token economics is a very important perspective on how to look inside and see the most essential things.

This article provides an introductory thinking framework for the study of Token economics.

Token economics is a science that studies Token design, distribution, and supply and demand models. Token economics is mainly a discipline that studies Token, including the design of Token’s economic model and the role of Token among business stakeholders. distribution, the conditions under which a token begins trading, and how transactions evolve over time.

Token economics in a broad sense also includes design, token engineering, etc., which are beyond the scope of this article.

How to study Tokens in the encryption world?

Background

First of all, we need to clarify: What is the difference between Token and Coin in the encryption world (English)?

Although the terms Token and Coin are often used synonymously, it should be noted that the term Coin usually refers to the cryptocurrency that runs on the Layer 1 public chain. The term "token" has different meanings in different scenarios. It sometimes refers to a cryptographic asset created at the Layer 2 protocol layer, which means that it must comply with the rules of the L1 blockchain it is used in. For example, ERC20 Token, ERC721 NFT (Token) and more broadly, most crypto assets can also be called Tokens. Some functions of Token include voting rights, or as digital ownership of real-world assets. Token can sometimes be used as payment within the protocol.

The value of Token mainly depends on the overall performance of the project.

What is Tokenomics in the crypto world?

The term Token economics mainly refers to the study of the economics of cryptocurrencies and Tokens. This type of research can allow investors to determine the quality and value of potential investments to a certain extent. Token economics is very important for the buying and selling decisions of crypto assets.important.

Study the Layers of Blockchain (Crypto Layers Explained)

First of all, we need to carefully study whether this blockchain belongs to Layer 1 or Layer 2. This is the basis.

What needs to be clarified first is: whether this Coin or Token runs on Layer 1 or Layer 2.

Layer 1 blockchain operates independently of other blockchains. Examples of Layer 1 Tokens are Ethereum’s ETH, Avalanche’s Avax, etc.

Layer 2 Solution is a third-party protocol built on the L1 public chain. For example, Maker Protocol is built on Ethereum. It is an L2 layer Protocol, so MKR and Dai are Layer 2 Tokens;

Note: The L1 public chain and the L2 protocol will affect each other. If the Layer 1 public chain provides a simple, efficient and Secure infrastructure will attract more L2 projects. In turn, if the L2 project does well, it will in turn have a positive impact on L1, thereby increasing the value of Layer 1 cryptocurrencies.

How to study the ecosystem of a chain

Since L1 and L2 are intertwined with each other, as well as various projects with different backgrounds, the interdependence of different encryption Tokens is as comprehensive as possible It is important to understand these relationships in detail.

If you want to explore the next blockchain ecosystem with huge future growth potential. This means that there needs to be a solid Layer 1 blockchain, which is the basis for the healthy operation of L2 applications.

Initial Blockchain vs Forked Chain (Original Chain vs Forked Chain)

It should also be considered whether the blockchain to be studied is the initial blockchain or the forked area. Blockchain

For example, Ethereum Classic is a fork of Ethereum. Litecoin and Bitcoin Cash are forks of the Bitcoin blockchain.

It is important to study what modifications have been made to the forked chain to understand how it is better or worse than the original chain. For example, Bitcoin Cash will never have more users than Bitcoin. However, BSC is a very successful fork of the Go Ethereum protocol, but their consensus mechanism is different.

Research on Token

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After studying the basic information of the relevant blockchain, you can start to conduct a comprehensive analysis of the Token.

Utility vs Security (Securities) Token

The goals and uses of Token settings are crucial: for example, Token holders can use Tokens to pay transaction fees, making Holders can obtain related services, such as staking (PoS), or use for governance (voting).

A Token with practical value usually has a specific use case. For example: some Tokens allow users who hold them to obtain products or services on the blockchain, and other Tokens allow users to have voting rights.

Securities-type Tokens are somewhat similar to stocks: there are two types of Tokens:

Note: In the United States, companies that want to issue Security Tokens need to be regulated by the SEC. Blockchain projects that do not comply with these regulations risk being fined or shut down. Therefore, it is important to understand whether the Token you want to research or invest in is a target-use Token or a Security Token.

Generally speaking, according to the Howey test, if a Token cannot be characterized as a SecurityToken, then it is a Utility Token;

What is the Howey test?

The Howey test refers to a standard for determining whether a specific transaction constitutes an issuance of securities. This test stems primarily from a 1946 U.S. Supreme Court decision, which used a specific standard to determine whether a particular transaction constituted an offering of securities. If this transaction is deemed a security, it will be subject to the provisions of the U.S. Securities Act of 1933 and the Securities Exchange Act of 1934. Many ICOs currently on the market may be recognized as securities offerings and thus subject to relevant supervision.

Howey test standards:

In order to determine the possibility of a Token being a Security Token or a Utility Token, you can use the Crypto Rating Council Website (Cryptocurrency Rating Council) website Score, the higher the score, the more likely the Token is a Security Token;

Fungible vs Non-Fungible Tokens

Fungible Tokens are not unique. For example, one Ethereum you own is the same as one Ethereum in my wallet.

Non-Fungible Tokens (NFT) are unique and cannot be copied, such as personal academic records, artwork, music, etc. For example, each CryptoKitty is unique and represented by an NFT, or each piece of land in Decentraland could also be represented by an NFT.

On the Ethereum blockchain, ERC721 Token is non-fungible

while ERC20 Token is fungible.

Token supply side

When analyzing the supply of a Token, the following points need to be considered:

Total supply: the number of tokens created minus Token that has been "destroyed".

Total supply: the number of tokens created minus the tokens which have been “burned”.

Maximum supply: refers to the total amount of tokens that will always exist . For example, Bitcoin’s maximum supply is 21 million, while ETH has no maximum supply.

Maximum supply: refers to the total amount of a token that will ever exist. For example, the maximum supply of Bitcoin is 21 million, whereas Ether has no maximum supply.

Loop /Circulating supply: is important, because it influences the market capitalization of a token.

The following is how market cap is calculated:

Here is how marketcap is calculated:

Marketcap = number of coins/circulating supply of the token * current price per coin/token)

Marketcap = Number of Tokens/Token circulating supply * Current price of each Token

Compare the market cap with the diluted market cap. The diluted market cap is usually This can be found on tool-based websites like coinmarketcap.com and coinecko.com.

Diluted market value represents: the theoretical market value of a certain Token under the condition of maximum supply in circulation.

(The diluted marketcap indicates the theoretical marketcap if the maximum supply of a token is in circulation.)

To ensure accuracy, tools recording blockchain data should always be double-checked , to ensure that the data obtained is the latest.

Token’s market value: It is a better indicator of the Token’s economic value than the price of a single Token. Note that some projects issue large amounts of Tokens at very cheap prices, such as $0.0001 per Token.

(Market capitalization of the token: a better indication of the token's economic value than an inpial token's price.)

They do this to make investors think that the Token price can be easily The ground rose 1,000 times. But the reality is that if the market value of the Token is already very large, the Token price may not be likely to rise very high.

Even though the prices of most cryptocurrencies are often manipulated by large players, it should be noted that the higher the market capitalization, the more difficult it is to manipulate prices.

Pre-minted means that the Token has been created before it is released. Note that this happens often in ICOs. Many Layey 2 Tokens, such as ERC20 Tokens, are Pre-mint so that contributors, early investors, and contributors can be rewarded.

So, why is it important to know whether a Token is pre-mined?

Because Pre-mint Tokens are often distributed internally before being purchased by the public. If a large number of Tokens are held by insiders at the time of issuance, Token prices can easily be manipulated.

Token Allocation and Distribution: We should always understand how Token is allocated and distributed. First, research this information from the project’s white paper and websites like icodrops.com. But remember to cross-check holders on a blockchain explorer, as sometimes the information in white papers or other websites may be out of date.

When studying the allocation and distribution of Token, other issues that need to be studied include:

How is the Vesting Schele of this Token arranged? Vesting Schele means that a certain number of Tokens will be locked for a period of time to prevent sudden large-scale Token selling and price collapse. If a large number of Tokens are locked, you should study their release schedule, because when more Tokens are released, it will affect the Token price and market capitalization. If a project unlocks a large number of Tokens at once, there will be a high probability that the price will drop sharply.

Is the Token model an inflationary model or a deflationary model?

Is the token model inflationary or deflationary?

This type of model will affect the token supply model: If a cryptocurrency does not have a maximum supply limit, then it is similar to inflation. model. Usually some projects use token destruction to control price inflation.

It should be remembered that just because some tokens will be burned thereby reducing the supply, it does not mean that the price of the token will definitely increase. The intrinsic value of a token mainly comes from the value it provides to users, not the supply.

❷ [Project Evaluation] ENT: South Korea’s first blockchain project in the entertainment industry

Market: 23/26

Evaluation criteria: Is it solved? Market pain points; whether blockchain technology is reasonably introduced; market competitive advantages;

Score description: Fan economy is a major component of the entertainment industry. The current problem is that there are a large number of various intermediate links between the interaction between fans and idols, which greatly increases the cost of fan economic operations. At the same time, celebrities often need to participate in some cross-border and cross-industry activities, which involves the cooperation of various participants, and how to quickly establish trust is the key to smooth cooperation. Blockchain technology has natural advantages in solving trust issues, and point-to-point encryption technology can effectively reduce the intermediate costs between fans and idols.

Team: 17/24

Evaluation criteria: Whether the resumes of team members are true; whether the experience is sufficient to supportSupport this project; the strength, relevance and authenticity of the consultant;

Score description: The development team is a Chinese and Korean team, composed of AIMHIGH Entertainment Group and Momo Development Team. The advisory team is still a combination of China and South Korea, among which we can see the presence of Martians.

Technology: 15/20

Evaluation criteria: Whether the business logic and technical architecture are clear and reasonable; whether there is underlying innovation in the blockchain; product development progress; Github updates;

Score description: ENT's business architecture mainly consists of: data layer, logic layer, supervision layer, business layer and application layer. Its technical architecture follows Ink's design specifications and standards, and has undergone a series of self-made modifications and developments for typical application scenarios in the entertainment industry. Supports multi-protocol features and is compatible with BIP protocol and POS smart contract platform. At the same time, ENT supports scalability, cross-chain protocols and lightning networks.

Token economic model: 12/15

Evaluation criteria: whether the token is deeply coupled with the project; whether it has necessary uses; whether the token appreciation logic is reasonable; whether the crowdfunding method is reasonable , including financing amount, proportion of public fundraising, use of funds, etc.;

Score description: ENT’s economic model is very special. ENT will serve as the base currency of the entire ecosystem, and stars can mortgage ENT to issue their own idol tokens at a certain ratio. The value of these idol tokens will increase as the star grows. ENT's foundation, ENTF, will be responsible for guiding and supervising the development and maintenance of ENT Cash, and promoting the healthy growth of the ENT blockchain ecosystem.

Project implementation and business development: 12/15

Evaluation criteria: whether the business development line is reasonable; market reputation; number and activity of participants;

Score description : Behind this business is South Korea’s AIMHIGH Global and the Korean entertainment industry it represents. In addition to South Korea's AIMHIGH, ENT's major shareholders include Kaiying Network (002517) and Cultural Investment Holdings (600715). The project has just started and the future is promising.

ENT is South Korea's first entertainment industry platform based on blockchain technology. It provides a one-stop solution for the global distributed trial community. Specifically:

ENT is based on the quantum platform and uses smart contracts, lightning network and other technologies to provide platform support for digital payment and idol token distribution in the entertainment industry. It can also provide smart contract configuration and invocation, Automatically classify accounts and other functions.

ENT's token (ENT Cash) will be used as a general equivalent and fuel in Dapp and the ENT system, and will be used for payment, clearing, and fees for payment system functions. In addition, this ENT token also has a very special function, it can serve as collateral toThis will issue idol-specific tokens with a fixed exchange ratio.

The creation of idol tokens requires the definition of a series of parameters, including name, symbol, precision, exchange ratio, etc. The parameter that needs to be focused on is the fixed exchange ratio between idol tokens and ENT tokens, which is related to the number of idol tokens issued and destroyed.

Wang Xue, former commercial director of Momo, is currently the chairman of AIMHIGH Entertainment Group. Responsible for business, marketing, evaluation, project management, etc., and has many years of operational management experience in games, entertainment and business. AIMHIGH Group is a company dedicated to the global entertainment industry. It is currently listed overseas and its business covers games, film and television, animation, etc.

Li Longyi, technical director of Momo, employee No. 7 of Momo, graduated from Tianjin University of Science and Technology. He has many years of experience in program development and system architecture, and is a well-known senior expert in the blockchain industry in China.

Moon In-sik, Vice President of AIMHIGH Entertainment Group. Responsible for games, movies, TV series, virtual currency, and international IP trading business in China, Japan and South Korea. He has held management positions in well-known Korean companies such as the Korea Network Technology Institute.

Xu Chen, a senior practitioner in the Internet industry, has long been engaged in and researched product and technology development in search, big data, artificial intelligence, blockchain and other fields. He once served as Vice President of Commercial Product Technology at Afanti, co-founder of an intelligent hardware start-up company, and senior R&D and management director at BAT.

Koo Taiyan, legal consultant for the ENT project, representative lawyer and representative director of TEK&LAW Law Firm. TEK&LAW Law Firm was born in the ICT field and is one of the most well-known law firms in South Korea.

Xu Zijing, nicknamed Martian. Founder of Australian Branch Bank Capital, a famous investor in the blockchain industry, and the project leader of Hcash (Super Cash).

Tang Ling, Chairman of Ink Labs Foundation, Managing Partner of Jenga Blockchain Capital. Founder of the Blockchain Technology and Legal Innovation Research Laboratory of Xi'an Jiaotong University. A key member of the APEC Future Academy Advisory Committee, a member of the World Economic Forum’s Outstanding Youth Community, and a member of the Silk Road Innovation Design Alliance expert group.

Wang Xiaoyin, graduated from the Department of Mathematics of Nanjing University, co-founder of Yitaiyuan Technology, core developer of BitShares 1.0, representative of EEA China, is currently mainly engaged in Ethereum state channel and cross-chain related research. He once served as the technical director of a blockchain technology company.

IN, Hoh Peter, currently the chief consultant of the ENT project, is a representative figure in the Korean blockchain industry. Blockchain expert at Korea University, professor in the Department of Computer Science and Engineering, and chairman of the Korean Blockchain Association.

We all know how powerful the Korean entertainment industry is, and the application of blockchain technology this time may be a good attempt. It not only improves solutions to the pain points of the entertainment industry, but also promotes the entry of blockchain into the public. Once the project is successful, it can be said to be cooperation and win-win in both fields.

The core team of the project has many years of experience in the entertainment industry and blockchain development capabilities. The multinational all-star advisory group behind it provides strong support for the smooth progress of the project.

At the same time, we can learn from the official website that many world-class stars such as Running-Man, G-Dragon, Ozawa Maria, etc. have joined the ENT platform.

The total issuance of ENT is 1.6 billion, of which 20% is generated by mining. The distribution plan is as follows:

The fundraising of ENT is mainly divided into three stages:

The team will calculate the exchange ratio about 2 weeks after the completion of the token sale crowdfunding. According to the location of the participants The corresponding number of ENT will be allocated according to the stage situation. After the allocation is completed, it is expected that the wallet will be able to withdraw coins to third-party exchanges for transactions in about 2 weeks. The specific time will be disclosed by the ENT team.

Official website: http://entcash.com/

❸ China’s top ten celebrities who mine pi coins

1. Li Xiaolai, “China’s richest man in Bitcoin” , a well-known angel investor, worked for New Oriental Education Group from 2001 to 2008, and founded Aideruizhi International Education Consulting Co., Ltd. in August 2008. By an opportunity in 2011, Li Xiaolai learned about Bitcoin from the Internet, and has since then relied on With his excellent investment brain, he founded Bit Fund in 2013, focusing on angel investment in Internet and Bitcoin-related fields.

2. Wu Jihan, the most powerful person in the Chinese currency circle, created Bitcoin Continent, and its product is a Bitcoin mining machine, which is popular all over the world. He owns three mining pools: BTC.com, ConnectBTC and AntPool, accounting for about 30% of the global computing power (you must know that a 51% computing power attack can subvert the Bitcoin system, just like the Sword of Damocles, the sword is high Hanging, Mount Tai is at the top), and its influence on the direction of Bitcoin cannot be underestimated. At the end of 2011, Wu Jihan did an earth-shattering thing. He translated Satoshi Nakamoto's Bitcoin creation paper "Bitcoin: A Peer-to-Peer Electronic Cash System" into Chinese, so it was called "Bitcoin". Evangelist. On November 13, 2018, Wu Jihan was selected into the "2018 Hu Manuo Weirun Blockchain Rich List", ranking second with a wealth of 16.5 billion yuan

3. Shen Bo, domestic The first venture capital institution focused on investing in blockchain technology-related companies and the largest blockchain investment fund in China - DistributedA partner of Capital, Fenbushi Capital has invested in nearly 50 blockchain startups around the world in November 2017, with a total investment of US$50 million. The consultant (former partner) of this organization is Vitalik Buterin, the famous genius entrepreneur and founder of Ethereum. Initially, as the founder of Invictus Innovations Incorporated (the founding team of BitShares), he was backed by Wanxiang Group and had strong strength. This person acts in a low-key manner and is a top figure in the blockchain investment circle. On November 13, 2018, Shen Bo was selected into the "2018 Hurun Blockchain Rich List", ranking fifth with a wealth of 7 billion yuan. (tied for 5th place with Li Xiaolai)

4. Ketuan Zhan, co-founder of Bitcoin Mainland, graduated from Tsinghua University and the Chinese Academy of Sciences, known as the "technical brain" of Bitmain, with nearly 15 years of management and operation experience in the integrated circuit industry. He received a bachelor's degree in electronic information science and technology from Shandong University in 2001 and a master's degree in microelectronics and solid-state electronics from the Institute of Microelectronics, Chinese Academy of Sciences in 2004. He developed the first-generation Bitcoin Mining Machine in just 6 months, with energy efficiency far exceeding that of his peers, laying the foundation for Bitmain's industry. On November 13, 2018, Li Xiaolai was selected into the "2018 Hurun Blockchain Rich List", ranking first with a wealth of 29.5 billion yuan.

❹ What is sharding technology

Written before the text: The video version and the text version are slightly different. If you want to see my affectionate interpretation, please Watch the video version (Meow Understands Blockchain Issue 22 | Sharding: Ethereum is too slow, "disk" him!), the thinking logic is weird, please read the extended version of the copy.

Recently, Ethereum has experienced an overwhelmingly positive trend due to the Constantinople upgrade, and the upgrade path of Ethereum is like upgrading to fight monsters, falling into a rabbithole, and no one can I don't know how deep the hole is. Since "the road is long and difficult", it is crucial to take every step carefully and accurately. After overcoming this difficulty, Ethereum's next technical difficulty, Sharding, has been put on the table again. This issue of "Meow Understands Blockchain" will take you into the magic weapon that makes Ethereum grow faster---Sharding.

What is sharding?

Sharding technology is actually not a new concept. It was originally an optimization solution proposed for large central databases. Specifically, it divides the data in large databases into many data shards (shards) according to certain rules. ), and then store these data fragments in different servers to reduce the data access pressure on each server, thereby improving the performance of the entire database system.

Let’s give a simple example:

For example, Meituan, which we often use,Software such as Didi Taxi can be sharded according to "city". Since the data of different cities do not need to be interoperable, the data of different cities can be stored in different databases. In this way, the database server can be deployed to the location closest to the corresponding city. On the nodes, the access speed can also be improved, why not? !

From the above example, we should all have a preliminary understanding of the concept of sharding. So what does sharding look like in a blockchain scenario?

Take Ethereum sharding as an example. In the original single-chain system, the overall performance of the public chain depends on the performance of a single node. After sharding, each node only needs to undertake part of the work of the entire network. , each shard works in parallel. According to Vitalik, each shard is like a separate galaxy. Each shard is like an independent small universe, so the efficiency is naturally improved! Originally, the TPS of the entire Ethereum chain was about 20. Now if the number of shards is increased to 100, the TPS of the entire network can be increased to 2,000. Similarly, the capacity of the entire network will also be increased to 100 times the original.

"Each node only needs to bear part of the work of the entire network", which will lead to several major questions. 1. How to determine which shard this node is responsible for? 2. Which transactions should be classified into which shards? 3. Does each node only need to store the transaction information (ledger) of its own shard?

Depending on whether the above issues are realized or not, we can divide sharding into three types: network sharding, transaction sharding, and status sharding.

Network fragmentation: How to divide the entire network nodes into different fragments.

Transaction sharding: How to divide the entire network's transactions into different shards.

State sharding: How to allow each node to only maintain the ledger within its own shard without affecting the security of the entire system.

What are the differences and connections between the main chain and the shard chain?

We have already understood the types of shards, so what is the difference between the main chain and the shard chain?

Turn left|Turn right

The implementation of Ethereum sharding is a long process, and even Vitalik himself said that it will be done in stages Let’s gradually implement it. Let’s wait and see whether sharding can move from theory to practice.

❺ What are the differences between FT and NFT?

The essential difference between FT and NFT is that they use different protocols: among them, FT uses the Ethereum blockchain The famous protocol ERC-20, NFT uses the new Ethereum blockchain protocol ERC-721.
The difference in underlying protocols has led to many differences between the two in terms of interchangeability, unity, separability, and compatibility.
In addition, in terms of function, FT is mainly used as money(money-like),
And NFT is mainly as an item (thing-like). The former is similar to a money printing machine, producing genetically identical currency;
The latter is used to mark item ownership. The NFT digital art market will show explosive growth in 2021.
Embracing the NFT craze, Souyun Technology launched an integrated digital art IDA overall solution.
On July 30, 2021, the integrated digital artworks of Qi Baishi, Zhang Daqian,
Fu Baoshi and other traditional Chinese painting masters produced by the time-honored Chinese brand Rongbaozhai will be launched soon.
For specific information, please pay attention to China National Culture Digital Library - Digital artwork registration platform for sponsors.

❻ How did the chairman of Meitu respond to the purchase of 260 million yuan of cryptocurrency?

The chairman of Meitu said that this was the beginning of the company’s blockchain deployment . According to media reports, Meitu recently issued an announcement stating that the company has purchased more than 20 million US dollars in Ethereum and more than 17 million US dollars in Bitcoin, with a cumulative value of more than 200 million. The company's chairman also revealed that this is the beginning of Meitu's blockchain deployment. This purchase of a large amount of digital currency is also to provide sufficient reserves for the development of the company's blockchain. The chairman also said that the company wants to be the first to try something new.

❼ Please help, what currency is OBC?

❽ Why did the "Father of Bitcoin" Satoshi Nakamoto mysteriously disappear< /p>

Where has Satoshi Nakamoto gone? In my opinion, Satoshi Nakamoto may never have existed. Maybe he is just a code name, or maybe he is just a name fabricated by the Bitcoin team. Over the years, the outside world has been speculating on the identity of Satoshi Nakamoto, but no one has seen him in person.

The situation of Bitcoin

From its initial launch to the present, Bitcoin has experienced peaks and troughs. Now the value of Bitcoin has stabilized. Ordinary people who want to rely on mining to obtain Bitcoins basically It is difficult to achieve in terms of cost and difficult to control in terms of cost. Therefore, it is basically certain that it is basically impossible for ordinary people to make a fortune in Bitcoin through hard work. But now that I want to join the currency speculation circle, I personally think it is unreasonable. One is because everyone knows the value of Bitcoin and can pick it up casually if it is not cheap. Second, no one can give a 100% guarantee as to whether Bitcoin will be of great use in the future. Therefore, you need to be cautious when speculating in currencies. If you must speculate, then check whether you have enough money in your wallet.

❾ High-yield Liquidity Mining Platform—QKSWAP

Liquidity mining is an important driving force for the DeFi ecosystem. In essence, it allows investors to use their own Money is used to make money. Although the popularity of liquidity mining has slowly declined recently, there are still many opportunities for users to benefit from it. In this article, we will focus on two aspects: liquidity mining and annualized yield. Dimensions to analyze liquidity miningPlatform QKSwap.

Through the smart contract protocol technology created by Ethereum, decentralized finance transforms the traditional financial system into a p2p financial system, successfully achieving decentralization. The concept of borrowing is almost the same as in the traditional financial world. But there are no middlemen, and transactions can be completed simply through smart contracts.

Although the DeFi ecosystem is growing, it also has some shortcomings. The first is the network congestion problem on the Ethereum blockchain. Although the Ethereum fuel price dropped in October, it is still at At a high level, users have to pay a high price to dig out mineral deposits.

Therefore, users with smaller capital are excluded from this market, and transaction costs even exceed $50 at peak times. If you want to get certain benefits from the protocol, the required funds should be at least 1,000.

QKSWAP is favored by users for its low transaction fees and fast transaction times. The platform provides liquidity service users, that is, liquidity providers, who can deposit equivalent amounts in the fund pool. value tokens, and while each pool has different amounts of funds, there is no doubt that the largest pools are more suitable for whale users, while the smaller pools are more suitable for those who hold cryptocurrencies.

In terms of total value, there are currently four major liquidity pools with annual returns of around 300%:

QAMPL/QKI

Liquidity : $85763.00

Annualized rate of return: 300%

QAMPL/CCT

Liquidity: $89304.00

Annualized Yield: 300%

QAMPL/QUSDT

Liquidity: $87858.00

Annualized Yield: 300%

QAMPL/QT

Liquidity: $89269.00

Annualized rate of return: 300%

It can be said that QKSWAP is a decentralized currency exchange In the market, liquidity miners can exchange stable coins in large quantities without major slippage, and liquidity miners can obtain stable currency income through capital pools.

Liquid miners can earn a profit by providing liquidity to the mining pool, but to obtain generous returns, they must mortgage their tokens to the liquidity pool.

In the DeFi ecosystem, annualized return is an indicator widely used to evaluate project/fund returns.

However, it should be noted that the annualizedEarnings should be used with caution. It should be pointed out that these are only estimates and predictions. Even short-term returns are difficult to accurately estimate. The mobile mining industry is a highly competitive and fast-paced market, and its returns will fluctuate rapidly.

Second, users should always remember that the fees paid for transactions cannot exceed the investment income.