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Daft Punk–不是反指版
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Daft Punk–不是反指版

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Is the Golden Age of Blockchain Finance Really Here?Starting today, if not a single new user buys a token, will its price go up? In most Web3 projects, the answer is no. Without new buying, no new capital flows in. And without new capital flowing in, the price has nothing to drive it upward. Everything the project team does—product iterations, ecosystem development, community management, and so on—ultimately needs new users bringing in new capital to be reflected in the price. This is the game logic of “entry vs. exit.” All participants are in the same pool: your gains come from other people buying in, and your losses come from other people selling. How well the project itself is run has no direct impact on the token’s price.

Is the Golden Age of Blockchain Finance Really Here?

Starting today, if not a single new user buys a token, will its price go up?

In most Web3 projects, the answer is no. Without new buying, no new capital flows in. And without new capital flowing in, the price has nothing to drive it upward. Everything the project team does—product iterations, ecosystem development, community management, and so on—ultimately needs new users bringing in new capital to be reflected in the price.

This is the game logic of “entry vs. exit.” All participants are in the same pool: your gains come from other people buying in, and your losses come from other people selling. How well the project itself is run has no direct impact on the token’s price.
Who recruited the basketball prodigy for the soccer team? Mamba out!
Who recruited the basketball prodigy for the soccer team? Mamba out!
When you feel like you’re useless, you can take a look at Dogecoin.$DOGE {future}(DOGEUSDT)
When you feel like you’re useless, you can take a look at Dogecoin.$DOGE
The stick is also starting to beat the dog now, beat the dog stick 😂
The stick is also starting to beat the dog now, beat the dog stick 😂
Alpha: Every day the sun shines brightly, making the brothers all look like monkeys—looks like nobody’s posting. Posted where nobody asks, eaten where the crowd is roaring. I’m getting hired!
Alpha: Every day the sun shines brightly, making the brothers all look like monkeys—looks like nobody’s posting. Posted where nobody asks, eaten where the crowd is roaring. I’m getting hired!
You’re making a mess while campaigning, and you can’t even pass a clear bill. Even if we give you the seats, it’ll all be for nothing 😅
You’re making a mess while campaigning, and you can’t even pass a clear bill. Even if we give you the seats, it’ll all be for nothing 😅
The Chinese and U.S. leaders put Iran’s nuclear commitment and the tolls for international waterways into the same agreement. The pressure-release valve for the situation in the Middle East was turned on accordingly, and the pricing logic for risk assets was rewritten. The weight of this agreement lies in its dual safeguards: Iran will not develop nuclear weapons, cutting off the fuses of nuclear proliferation; no country may charge fees for international waterways, which amounts to locking up navigation through the Strait of Hormuz. Since one-fifth of global oil and gas transport passes through this strait, the risk of blockade recedes, and the risk premium on crude oil can only unwind. As oil prices fall, imported inflation cools; the Federal Reserve’s room to cut interest rates opens up, and liquidity expectations shift toward a more accommodative stance.
The Chinese and U.S. leaders put Iran’s nuclear commitment and the tolls for international waterways into the same agreement. The pressure-release valve for the situation in the Middle East was turned on accordingly, and the pricing logic for risk assets was rewritten.
The weight of this agreement lies in its dual safeguards: Iran will not develop nuclear weapons, cutting off the fuses of nuclear proliferation; no country may charge fees for international waterways, which amounts to locking up navigation through the Strait of Hormuz. Since one-fifth of global oil and gas transport passes through this strait, the risk of blockade recedes, and the risk premium on crude oil can only unwind. As oil prices fall, imported inflation cools; the Federal Reserve’s room to cut interest rates opens up, and liquidity expectations shift toward a more accommodative stance.
Huang Mao is speaking with that Biden senior dementia vibe too 😂 If you’ve already completely controlled it, what are you even talking to Iran about? $CL {future}(CLUSDT)
Huang Mao is speaking with that Biden senior dementia vibe too 😂 If you’ve already completely controlled it, what are you even talking to Iran about? $CL
Iran: Every day, drop a tough line to shake the market—feels good to be this cheeky 🙄$CL {future}(CLUSDT)
Iran: Every day, drop a tough line to shake the market—feels good to be this cheeky 🙄$CL
$51X This year, I actually got my first 20x multiplier with something like this—tell me, can a normal person really find this kind of thing? 😂
$51X This year, I actually got my first 20x multiplier with something like this—tell me, can a normal person really find this kind of thing? 😂
As soon as the market drops, there are teachers who dig up posts from some unknown time ago that were calling for bearish positions. Even if they were shouting about many long positions recently, as long as it drops, they’re still firmly bearish. I really want to live my whole life like that—adapting randomly 😂$BTC {future}(BTCUSDT)
As soon as the market drops, there are teachers who dig up posts from some unknown time ago that were calling for bearish positions. Even if they were shouting about many long positions recently, as long as it drops, they’re still firmly bearish. I really want to live my whole life like that—adapting randomly 😂$BTC
The next step in Bitcoin finance may not be on yet another L2. Teams that once helped build Bitcoin L2 with Stacks are now taking a different path: keeping BTC on the Bitcoin network and having capital flow around it. Zest calls it the Bitcoin Capital Layer. The founders have been involved in sBTC and the Nakamoto upgrade, and have operated real Bitcoin lending markets; the project raised a $3.5 million seed round led by Tim Draper’s Draper Associates, with YZi Labs participating—Draper’s portfolio includes Tesla, SpaceX, Robinhood, and Coinbase. The story starts with the business: Zest’s Stacks lending market deposit peak has exceeded $100 million, with borrowings of about $10 million, stablecoin liquidity of over $9 million, completing more than 1,500 liquidations with zero bad debt; the protocol generates revenue by sharing borrower interest. Its new product, Bitcoin Collateral Vaults, brings this logic out of L2: users lock BTC in a self-custody vault on Bitcoin L1, then borrow stablecoins on an EVM chain—without wrapping or bridging—while the BTC remains in the vault throughout the life of the loan. Lending is the first application, not the boundary of the capital layer. ZEST has a relatively small circulating market cap but already has access via Binance Alpha spot and Binance Futures. It isn’t another Bitcoin L2 token; it’s the answer from Stacks builders to the programmable Bitcoin’s next stage—an extension of the STX investment thesis.
The next step in Bitcoin finance may not be on yet another L2.
Teams that once helped build Bitcoin L2 with Stacks are now taking a different path: keeping BTC on the Bitcoin network and having capital flow around it. Zest calls it the Bitcoin Capital Layer. The founders have been involved in sBTC and the Nakamoto upgrade, and have operated real Bitcoin lending markets; the project raised a $3.5 million seed round led by Tim Draper’s Draper Associates, with YZi Labs participating—Draper’s portfolio includes Tesla, SpaceX, Robinhood, and Coinbase.
The story starts with the business: Zest’s Stacks lending market deposit peak has exceeded $100 million, with borrowings of about $10 million, stablecoin liquidity of over $9 million, completing more than 1,500 liquidations with zero bad debt; the protocol generates revenue by sharing borrower interest.
Its new product, Bitcoin Collateral Vaults, brings this logic out of L2: users lock BTC in a self-custody vault on Bitcoin L1, then borrow stablecoins on an EVM chain—without wrapping or bridging—while the BTC remains in the vault throughout the life of the loan. Lending is the first application, not the boundary of the capital layer.
ZEST has a relatively small circulating market cap but already has access via Binance Alpha spot and Binance Futures. It isn’t another Bitcoin L2 token; it’s the answer from Stacks builders to the programmable Bitcoin’s next stage—an extension of the STX investment thesis.
Zest Protocol
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Bitcoin Collateral Vaults demo is now on mainnet.

Deposit native BTC into a self-custodial vault on Bitcoin L1. Borrow Ethereum USDC against it. The capital layer for Bitcoin.

Open a demo vault on: https://btc-collateral-vaults.zestprotocol.com/
Even retired veterans’ commissions have been pulled in—there really aren’t many careers left for veterans.
Even retired veterans’ commissions have been pulled in—there really aren’t many careers left for veterans.
No—I recommend how to get there and back are all rural dogs; it’s a rural dog square now 😅
No—I recommend how to get there and back are all rural dogs; it’s a rural dog square now 😅
If $APT had been bought for just over 3000 back then, it would have been great—unfortunately there’s no such thing as if. {future}(APTUSDT)
If $APT had been bought for just over 3000 back then, it would have been great—unfortunately there’s no such thing as if.
You’re getting more and more awesome—I’m really happy. But you’re getting lower and lower, and I’m really heartbroken 😭$ZEC {future}(ZECUSDT)
You’re getting more and more awesome—I’m really happy. But you’re getting lower and lower, and I’m really heartbroken 😭$ZEC
What kind of nerve dares to do something like that? The courage is really fat and round. Let’s just agree on a ceasefire. $ZEC {future}(ZECUSDT)
What kind of nerve dares to do something like that? The courage is really fat and round. Let’s just agree on a ceasefire. $ZEC
#币安安全星期四 I choose C. “Let me research it first” — then quietly open the official channels Even though I only have a few coins in my wallet right now, I’ll get rich one day. That’s what scammers think too.
#币安安全星期四
I choose C. “Let me research it first” — then quietly open the official channels
Even though I only have a few coins in my wallet right now, I’ll get rich one day.
That’s what scammers think too.
币安Binance华语
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😈 Friend: “Bro, help me out—sign up for the internal private placement test”

What would you do❓
A. Sign! Absolutely sign! For a friend, I’ll go ‘sign’ 🥹
B. First check the wallet link—if I don’t transfer, it should be fine, right 🤔
C. “Let me research first”—then quietly open the official channels 🫡

⬇️ RT + leave your choice and reasons to be entered; 3 people will be selected, each getting 20U #币安安全星期四
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