Unraveling @LazyBearSonic Graph Coin Protocol - Minimalist Ponzi + Game Theory Art < LazyBear's past and present lives> Sonic @SonicLabs on-chain multi-Defi/Gamefi ponzi disks, Defi ponzi represents protocols such as @ShadowOnSonic, and Gamefi ponzi protocols such as @Petroleum_Defi. The current very early coin protocol @LazyBearSonic is on the verge of experimentation, so I'm going to talk briefly about LB's minimalist ponzi + game theory art. LB was initiated by Avalanche and the old OG of the original Fantom chain, initially positioned as a memelaunchpad platform on the @SonicLabs chain, and then released the official series of pfp - Lazybear, which is 2,244 bear NFTs of various shapes. Due to the lack of effective empowerment of NFT, Freemint randomly fell into a liquidity crisis after a wave of pull-ups, until the launch of the LB River function in the early hours of this morning, which briefly revitalized this dying series of NFTs. < deconstructs LB River's ponzi artistic > LB River is the main battlefield of this ponzi battle, which is inseparable from three core assets: LB NFT (Original Bear NFT) / VB NFT (Virtual Bear NFT) / $FISH tokens. Gameplay logic: 1/ Users can stake LB NFTs to LB River to continuously earn $FISH token rewards, LB NFTs are mainly purchased in the NFT secondary market; Once LB NFT is pledged, it will be destroyed in disguise and cannot be retrieved; 2/ Users can also choose to buy and burn 10 $FISH tokens to mint a VB NFT, which will be staked to LB River to continuously receive $FISH rewards. 3/ Whether you stake LB NFT or VB NFT, the $FISH rewards are the same and fixed, each Bear produces 0.1 $FISH per epoch, 6 hours is an epoch, and 0.4 $FISH a day. 4/ LB River is an ecosystem where bears and fish coexist, when the number of fish in the ecosystem is less than 1 triggers an extinction event, all staked bears die, stop generating rewards, and the protocol enters a suspended state and other ecosystem restoration; The number of fish in the LB River = the current supply of fish (initial supply - consumption eaten by bears) + the amount of regeneration, the regeneration rate of fish follows a modified logistic function (S-shaped curve); In human terms, if too many bears staked in LB River reach the threshold set by the protocol, all bears will be permanently destroyed and no longer generate $FISH rewards, and the entire ecosystem will be toppled and rebuilt. < deconstructs the LB River Game Theory > The tragedy of the commons is the most classic game of this agreement, which refers to the phenomenon that individuals pursue the maximization of their own interests, resulting in excessive consumption of collective resources, and ultimately harming the interests of the whole. Players need to make a trade-off between short-term gains (staking more LB/VB Bears) and long-term sustainability (avoiding extinction), with the more bears staked and the more $FISH produced correspondingly, the greater the risk of system crash. However, due to the irreversible LB/VB Bears pledge, the current payback period is about 25 days (according to the cost of 10 $FISH of a VB Bears), once the pledge will fall into passivity. If the ecosystem doesn't crash within 25 days, then the VB Bears stakers are the winners; Otherwise, players might as well hold $FISH tokens directly. The floor price of LB Bears and the cost of VB Bears (10 $FISH) will theoretically converge. From the perspective of yield output, the $FISH yield generated by the staked LB Bears is equal to the yield generated by VB Bears. However, one point that cannot be ignored is that LB Bears is a real NFT, not a virtual NFT, which also means that it cannot be quantified and talked about income regardless of its attributes as an NFT. The LB Bears pledged into LP River will be permanently burned, so the total amount of LB Bears NFTs will also be reduced accordingly, and the scarcity will be enhanced. The most complex and uncontrollable factor in this model is that the price of $FISH fluctuates. The price of $FISH directly determines the floor price of LB Bears, and also directly affects the payback period of VB Bears (if the price of $FISH is pulled by 10 times, the payback period will be shortened to 2.5 days; the same is true for price declines). <写在最后> Until the end of this tweet, I didn't give specific advice on how to do it. The reason is that there are too many uncontrollable factors in the @LazyBearSonic ponzi + game theory market, and the specific strategies adopted by each reader will naturally be different depending on their risk appetite. Following your own risk appetite and perception, deep thinking is worth a lot more than brainless stud. This tweet is for project sharing only and does not contain any investment advice.