加密招财猫_YTB

$CAKE I have also been studying the tokenomics of cake recently and found some interesting things. Let me share my basic understanding of what I discovered, and if there are any experts, please feel free to correct me.
The core of cake's tokenomics is to take a portion of the total fees as protocol revenue to buy back and burn cake. According to the official documentation, for every 25 units of total fees, 8 units are taken as protocol revenue, which means the theoretical maximum proportion is 8/25=0.32. This protocol fee rate should have been introduced with PancakeSwap V3, which went live in April this year. Referring to the data from defillama in Figure 1, before v3, the proportion of protocol revenue used for burning was not high. For example, in February it was 0.056, in March it was 0.11, and it started to rise and stabilize around July, with proportions in July, August, September, and October being 0.275, 0.323, 0.324, and 0.325 respectively. Referring to Figure 2, the official burn chart shows that the number of burns has significantly increased and stabilized in recent weeks. I suspect that the protocol launched in April, but the chaotic proportions in May and June might be due to adjustments in the protocol pool leading to inaccurate statistics. At least in recent months, cake has a quite excellent economic model in the web3 world. The recent annual deflation rate should be around 7% or even higher, while the official target is 4%. I looked at several other tokens, and personally, I believe that pancake's model is better because, first, it is indeed making money, and second, it is truly a buyback and burn model. SushiSwap and Aave's models are buybacks for stakers. If we refer to stocks, pancake is a buyback, while suchiswap is dividends, which is clearly better.
Of course, this is my personal opinion and does not constitute investment advice. I hope experts can provide corrections.

【What will happen to Bitcoin next?】
The规律 of Bitcoin bull and bear markets
During a bull market
Bitcoin often moves sideways with slow downward fluctuations, then violently rises and breaks through a platform, then experiences another sideways slow downward fluctuation, followed by another sudden violent rise to a new platform.
The approach in a bear market is exactly the opposite
Plummeting rapidly, then finding a short-term bottom, then moving sideways with slow upward fluctuations, followed by another sharp drop, finding another short-term bottom, and continuing with sideways slow upward fluctuations.
$BTC
What will happen next? If we look at the charts, there is a high probability of a sharp drop.

Bitcoin surged to $74,000! Is it a bull comeback or a trap?
Starting from noon on March 4th, Bitcoin began a continuous rise, increasing from $67,000 to a peak of $74,000, with a maximum increase of about 10% in less than 24 hours.
At the same time, the 200-hour moving average of Bitcoin has been declining since early February and is currently at $69,300.
What does A-Mao think about Bitcoin's future?
First, the conclusion: A-Mao believes that the 200-hour moving average is still valid. A-Mao mentioned in the video on the 27th that when the 200-hour moving average meets Bitcoin's price again, Bitcoin's price may oscillate and struggle near the 200-hour moving average for a while, but eventually, it will open the final drop of phase two. I will analyze this in today's video.
During Bitcoin's bear market, the 200-hour moving average has always been a resistance level, but it does not mean it cannot be broken. Once Bitcoin breaks the 200-hour moving average, it will be pulled down by the moving average. The farther it gets from the breakthrough of the 200-hour moving average, the easier it is to cause a sharp decline.
History does not repeat exactly, but it does rhyme. At this time in 2022, Bitcoin's price also broke through the 200-hour moving average and oscillated around the moving average for a while, but eventually started the third wave of decline.
I believe we are currently in the process of oscillating around the 200-hour moving average.
Another reason the bear market is not over is that a dangerous signal has appeared on the board - Bitcoin's market share has increased. In the video on February 28th, A-Mao's video discussed where Ethereum would bottom in March. A-Mao analyzed a market bottom signal, which is Bitcoin's market share. Those interested can revisit that video; the conclusion is that during the 2022 cycle, most coins, including Ethereum, will touch the bottom earlier compared to Bitcoin. After the last wave of decline in 2022, during Bitcoin's oscillation in the bottom area, Bitcoin's market share was declining.
Currently, Bitcoin's market share has been rising from 58.5% to 59.8%. This is similar to the situation before the last major drop in 2022 (see video analysis for details).
In summary, although this breakout rally seems very strong, A-Mao still advises everyone to remain calm. Whether it is the historical pattern of the 200-hour moving average or the abnormal one-sided strengthening of Bitcoin's market share, the bear market is not finished.