$ETH came across a Ponzi-style project called #自由鸭. It’s being promoted offline using the traditional ground-promotion model. I usually stay away from these kinds of projects, but after looking into this one, I decided to get involved. Most users are currently playing through the TP wallet, with very few using Binance. The contract mechanism has some interesting innovations: a 3% tax is charged on each buy and sell, with 2% distributed as dividends to users who have locked up their tokens. The staking period is 100 days, releasing 1% per day. The remaining 1% goes into a premium pool, where users can sell and burn the tokens released each day. The burn price in the premium pool is 10% higher than the market price. On the day the contract launched, 700 million tokens were burned immediately. So far, around 713 million have been burned, about 118 million are staked, and approximately 270 million are in circulation. It launched just 11 days ago, and I’ve gradually staked 1.5 million 自由鸭 tokens, earning around 0.54 BNB in dividends so far. The initial tokens were very cheap, so the dividends have been quite attractive. This is not investment advice—make up your own minds, guys.