Missed one point, and it's the most important one: Build your own leverage advantage.
Specifically, focusing deeply on one project/sector often yields more returns than working on 10-100 projects. Moreover, after one year, you become an expert in this project/sector, and your niche will level up.
A typical example: Over the past year, many friends around me have earned more than 10x returns on Pendle, and they are still earning.
Competition is endless, but building your own leverage advantage is the ultimate goal.
Otherwise, you'll just keep selling your time.
There are many ways to make money, but "choosing" is the ability that allows you to achieve exponential returns in 3-5 years.
Review again the standards I wrote for participating in projects, version 1.0.
Currently, I don't feel like changing anything, so I'll continue adhering to these standards to focus on my own contributions.
Recently, I've been looking into various stablecoins and DeFi projects again. Some of the projects I participated in earlier might end up being counterproductive.
@humafinance is one of the very few projects that fully meet my standards. When I participated in it (except for 8️⃣, the hype really picked up later 😁).
Which project should I invest in next?
⭕️ Apart from continuing to participate in Huma's second phase, I will actually reduce involvement in many popular Pre-TGE projects to avoid the intense competition.
Of course, in the past few months, I've also been involved in some SOL ecosystem projects and stablecoin projects, which I will continue to follow up on. Currently, I have:
⭕️ SOL ecosystem: Backpack for regular use, Perena, Fragmetric, RateX, which have been stored for quite a while, and some projects allow multi-purpose usage.
You can refer to my strategy guide.
⭕️ Stablecoins/Perp
Participated in Ethena's Pre-deposit perps dex through Pendle, including Ethereal, LevelUSD, and Aster DEX in the BNB ecosystem.
Lighter trades inversely with 🎒 and stores LLP.
Hopefully, the above won't end up being counterproductive. The first phase of PT and YT expires today, 5.29. I'll consider whether to store for the next batch expiring in Q3.
Additionally, I'll spend more effort on long-term projects that are consistently building, focusing on secondary market research and investment.
The Pre-TGE track is overly crowded, and the hype on social media is too noisy. However, long-term, high-quality projects with revenue are still worth investing in.
Avoid the noise and focus on applications with real income and business models.
I firmly believe that major narratives > applications > chains.
I am optimistic about the industry's maturity and will focus on accumulating my own advantages 💪.
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