Study Berachain from China

In fact, Henlo's ATH doesn't need an additional 5x; @henlo is already back, and ofc will be higher.

Happy Canada Day 🇨🇦

Wen ZERO added incentives, the whole eco benefited from it. So much power, so much magic. Happy to rebirth Beras.

Have you ever watched the mystery drama, as soon as the detective said who died yesterday, the murderer stood up and said: Oh terrible, there was such a serious car accident... The problem is that I didn't say how I died, how did you know in advance? Oogabooga did not integrate HPOT during the mainnet, and it took several months to find the help of the BD of Bear Chain. The same is true with Dexscreener. But how do you know? Don't tell me you really tested it for me? No, how did I hear that you asked your exclusive partners not to process HPOT requests for collaboration? Why is it now that we don't integrate? Can I code for Dexscreener/Oogabooga?

At the time, THJ's Henlo vault was delayed due to the belief that it was possible to cause an attack on the PoL. Now IF can arbitrarily embezzle BGT and discharge it into a treasury without bribery, which is essentially misappropriating the assets of iBGT users, embezzling public funds, and enriching their own pockets. This is the real malicious attack on PoL. I see that the community is condemning this kind of behavior, but Chinese users have no voice in BearChain, and I am soft-spoken, but I can't bear the community being blinded and speak out for everyone. Historically, the murder of the nobles of the Eight Banners was only thought about by the Zongren Mansion, while the Han people were responsible with swords and rods and wore armor to kill their heads. Is this kind of governance expected by the community?

Everyone in the cryptocurrency circle knows that the narrative iteration in the cryptocurrency circle is very fast. DeFi Summer，ZK，L2，DePIN，MEME，RWA。 Every time the narrative changes from A to B, VC's money and retail investors' money from A to B, it will drive a lot of turnover and bubbles. The project is constantly dying and rotating, and the public chain/ecology that provides passenger flow in the middle can survive. The minimized scenario is pumpfun, and the user's money may always be that, but after buying MEME A, selling and buying MEME B, pumpfun will be circulating. Therefore, it is very taboo on the road to ecological decline, and there are some giant old men who have made a lot of money in the project, but in fact they have no chance, and they are unwilling to TGE. They take the attention and funds of users/VCs, and the funds must wait for them to hang up and flow back into the market before they can be invested in the next narrative, triggering loops and bubbles. Those who do chains and ecology must be enthusiastic to help these projects return to the normal natural cycle, and they can't insist on recognizing others as fathers, paying for others to intubate breathing tubes, hanging this old man in a dying struggle, and shouting that their own communities are all coming to bed to do their filial piety. Your father is not dead, he receives a huge pension, and other people's children have no chance, isn't it natural for the brain drain to go abroad?

BGT's emissions are 50M a year, and BGT's circulating capacity is only 17M, so BGT's book APR is not even 100%. Because each BGT is worth 1.x BERA, but you can only get back 0.3-0.4 BERA in bribes. How does the APR of a DeFi chain maintain the price of the coin when it is so low? Whose coffers contribute to @berachain APR? Whose vaults are hollowing out the bear chains? Such a simple reason, do you maintain the currency price and the customer loss rate of the community? Or is it more important to maintain the wallets of your friends and neighbors who drink meat? If you dig it out like this, the bear chain will be hollowed out.

Despite all the criticism, this vault with only $27k in daily trading volume is still extracting $27k worth of BGT per day. The pool’s depth has reached $1.3M, so even if the project sells all the BGT it earns (via iBGT) to buy back the token, it would still take 3 months to double the token’s price. But here’s the real question for a pool this highly concentrated: What’s the probability that the project simply dumps and drains all the liquidity within those 3 months? I honestly can’t model that risk. But if Berachain enables governance through BGT, I’m fully prepared to vote for shutting down this predatory pool.

I’d like to share that @honeypotfinance launchpad is a multi-token launch system. This means projects don’t have to use BERA to launch their MEMEs — they can also use other tokens, including tokens that have already done TGE or MEMEs from other platforms. When a launch is successful, 40% of the LP is permanently locked into InterPoL. If used properly, this can be an opportunity to burn a significant amount of tokens to help offset sell pressure. I understand a lot of people are saying that the MEME season on Berachain hasn't arrived yet, but what we’ve seen is that when the right incentives are provided to launchers, there are still users willing to contribute tokens into MEMEs. If the amount burned through this mechanism exceeds what you'd get from directly buying back tokens, it’s still a very good trade. If you still have unused RFA, this is definitely worth considering. If this idea resonates with you, please feel free to reach out to Honeypot Finance anytime.