Editor's Note: This article comes fromHot Wheels Community (ID: FHBT18), Author: Pepe, reproduced by Odaily with authorization.
Editor's Note: This article comes from
Hot Wheels Community (ID: FHBT18)
Hot Wheels Community (ID: FHBT18)
, Author: Pepe, reproduced by Odaily with authorization.
Today's delivery proposition:
Hello everyone, I’m Pepe. In the past two days, it’s obvious that ada has been discussed more in many communities. This one doesn’t have much sense of existence in the hearts of domestic coin lovers. In my impression, it’s also the hubby chain that “has been bragging and has never been online”. The project performed exceptionally well this month. It went directly from the tenth place to the sixth place in market value in less than ten days, surpassing BSV for a time.
This trend continues, and it seems that the top three are not far away.
Don’t believe this sentence, readers. Now there is a situation that most of the market software currently counts the circulation market value of other companies, and the circulation part held by the project party is not counted. The highest estimate of this part is 5.1 billion coins (valued at 590 million U.S. dollars), and considering that it is a project that has been listed for nearly three years, it is possible that part of it has flowed out from the official. Si's bch should also be trembling.
So today we will explore together, let’s come to the first issue-why can ADA, which has entered science, be so demonic? Is there any distortion of human nature or moral depravity in this, and will it be another valuable short-selling opportunity.
secondary title
Reasons for ADA Crazy
1. The Shelley mainnet is launched and mortgages are enabled
I'm afraid many new friends don't know that even if you don't look at the price, Cardano can be regarded as a demon. One of its shortcomings is that it should be regarded as the only one that only launched a wallet product + transfer function in three years. There are all kinds of bragging in the circle, and it can also be ranked in the forefront, which makes many people take a high look at the public chain platform.
Finally, finally, in the summer of 2020, we saw a substantial mainnet launch news.
This mainnet called Shelley should not be their final version, after all. . You know, but at least it is a milestone of leaving the testnet + wallet currency, which is a great benefit for the progress of the project.
The official announcement is that the mainnet launch will be the earliest on the 29th of this month (note the keyword: the earliest).
In addition, it is planned to issue mainnet mortgage incentives starting from next month. According to the current testnet data, the annualized rate can reach almost 10.25%:
According to feedback from overseas fans, the interest rate on the mainnet will be slightly lower, estimated to be 6 to 7 points. However, one thing to note is that the mortgage of his home is deposited and withdrawn at any time, and there is no lock-up mechanism.
I don’t know how many overseas leeks know this. Looking at the increase, there should be quite a few friends who think that this is a good thing that will lock up a large number of tokens.
2. Cooperation with coinbase custody
There is no lock-up mechanism, which seems a little unscientific. This means that you can get similar benefits regardless of whether you bear the risk of holding tokens. However, its advantage is that it is easy to increase participation, and more precisely, it will be very Loved by exchanges.
This news has aroused market sentiment. Do you remember the four major hype cycles on Coinbase that we mentioned before, and hosting is also one of them. In addition, this has actually triggered speculation about whether ada can be listed on cb in the future.
It seems that ada has never appeared in the information flow of Coinbase. I feel that this may be related to their lack of a main network, so whether there is a possibility of launching cb at the end of the year is also a point worthy of attention in terms of speculation.
3. Open governance + develop DeFi in Africa
emmm。
Now that the mainnet is online, those functions on other chains will be added later, such as ada as a voting governance token, and the popular defi, all of which can be re-hyped in the future.
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CEO Lao Zha who preaches overseas
For the defi field, his family has already boasted that it is committed to bringing 1 billion people without deposit accounts into the financial system, providing digital identities through the government level, and providing small loans with an interest rate of 20% to young people in Africa as an intermediary. On the other end of the asset, it is connected to Wall Street financial giants.
However, judging from the inspection photos of various countries before the CEO, maybe they really have resources in this area, let's wait and see.
7 times the results in 4 months, but still doubts
Although ADA's increase this year has beaten the mainstream, it is interesting that it seems that it has not won brainless milk and all the applause like other Internet celebrity marks. Even a 24-hour increase of 25% has not been able to suppress those who are bearish. the sound of.
There are many opinions in China that, in addition to the positive fundamentals, the recent rally is also related to a cx scam called MLM:
Although this thing has nothing to do with the official, if the skyrocketing is related to it, it is unsustainable, but we have not yet been able to find out the real hammer of the relationship between the market and the price, and it is possible that their influence is extremely limited.
I don’t know if I was injured before, but it seems that the domestic criticism of ada is quite loud. This price increase has blown up the former domestic community account (which should be self-built by early fans):
There will be some controversy here, because the encrypted world is biased towards geek culture. For example, the current development direction of defi is based on centralized banks as competing products. As a result, all of them will accept ZF's rescue at the end of the day. Very double standard.
epilogue
Some people also said that from the perspective of the company, if it does not accept the bailout loan, it may be at a disadvantage in the competition, and Cardano is not the only company that has accepted the loan. There are as many as 75 blockchain companies overseas this year. Received assistance, including many familiar projects such as ConsenSys (the funder behind the ether) and TRON.
But for cardano alone, overseas investors point out that it is a centralized unregistered securities. The profit model in recent years is likely to be that the founders are selling these chips, which is exchanged for the worldwide investigation and revealed from time to time. How did you "cheat" the subsidy for your slightly extravagant lifestyle? !
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epilogue
The above are some recent situations about cardano. For this project, I can only say three words:
can't read.
