Speculation in the Arb ecosystem will begin in October 2022.

There are three or five most popular projects, MAGIC, GMX, GRAIL, and RDNT.

Some people say Magic is Nintendo, which means it is a gaming platform. Its earliest gameplay is that you can WK if you have Loot and AGLD. It is similar to a hot start, and airdrops attract seed users.

Later I made a game, probably called Beacon. In this game, you can stake MAGIC to get the coins of this game.

Is no one playing this Beacon now? I really don't know.

Anyway, it was popular for a few months. MAGIC was also speculated for a while.

When Gmx first came out, I went to watch it immediately.

Throughout 2022, I have an idea, or view, about the strategic view of the second layer of Ethereum.

I think that once the second layer of Op, Arb, Stark, and zkSync are completed, the applications will remain the same as before, and Uniswap, Aave, etc. will support the new chain. For example, Uniswap now supports Arbitrum.

I didn't expect that the so-called "native ecology" would pop up.

What is native ecology?

It’s just that the Ethereum main network does not have this project, it was started on the second layer. A typical example is Camelot. It is swap on Arb, just like Uniswap, with slight differences.

In my eyes, what is the value of this thing? In the end, Uniswap will suck away all the traffic, liquidity, funds, and users. That's how I see it now too.

Gmx is the futures market on Arb, similar to dYdX.

When Gmx first came online, I glanced at it and said to myself, what the hell is this? Isn’t this just a move over from dYdX? What future does this thing have? It has the temperament of a country dog ​​copycat.

But then news broke that dYdX was going to build an application chain on Cosmos.

dYdX is going to stab himself in the eyes and wield a knife in his palace! It's really crazy.

I said at the time that dYdX was taking a detour and would have to come back in the future.

I think that as soon as Arb comes online, dYdX should move to Arb as soon as possible, or support the Arb chain. How appropriate.

I don’t quite understand it. There may be some obstacles in technical details, but I don’t quite understand it.

You said there are technical obstacles, but Gmx has also done it, isn't it just options trading?

Later Gmx became popular and the data got better and better.

I've played Gmx before, and the variety is a bit limited, but the depth is pretty good. The variety is small, but the depth is certainly sufficient. There are a bunch of pledges, pledges, and re-pledges that I can't understand in the backend panel. It probably means that you can get various benefits.

To be honest, Gmx is indeed getting better and better, and I bought some this year. Do you think it’s better to buy now? Anyway, the market value is not small, almost the same as buying anything else. But you didn’t buy it last year, so it’s useless to say anything now.

Radiant is a cross-chain loan, and the bottom layer is based on Layerzero.

Radiant, the scenario of cross-chain borrowing D is indeed possible. I have assets on this chain and want to borrow some U on another chain. I think it's good. Cross-chain borrowing D, cross-chain currency exchange, you can say that there is a demand for both.

But there are already too many cross-chain currency exchange projects. Various cross-chain projects, as well as cross-chain aggregators, you can say that you can exchange currencies. Typically like Bungee, you deposit an ETH on Ethereum and you withdraw some USDC on Arbitrum. There are too many such projects. Of course the principles vary. This topic is complex. We can chat another day.

Radiant is based on Layerzero. This project is not bad either.

Arb’s original ecology Sanguike, ah, it became a hot topic in October last year. It was hyped again in March this year. It's almost fried.

After the issuance of ARB currency in May this year, AIDOGE started a wave of local dog craze. Everyone involved knows. If your account has ever received ARB airdrops, you can receive all kinds of local dogs. Dogs with various names, sometimes AIDOGE, sometimes DOGEAI, sometimes SHIBAI, sometimes AISHIB, I can’t even remember the names.

Anyway, it's just a rush of things.