流動代幣的案例

支持流動性代幣的論點很簡單：我相信在流動性代幣投資領域存在巨大的機會（阿爾法），而 VC 代幣投資空間已經過度飽和。

The cryptocurrency market has shifted from depicting dreams in 2021 to realizing those dreams post-2024, with Solanas serving as a prime example.

加密貨幣市場已經從描繪 2021 年的夢想轉向 2024 年後實現這些夢想，Solanas 就是一個很好的例子。

VCs should focus on identifying promising products rather than repricing assets. DeFi’s revival bodes well for undervalued protocols like AAVE, highlighting opportunities in the liquid token space.

創投公司應該專注於識別有前途的產品，​​而不是對資產進行重新定價。 DeFi 的復興對於 AAVE 等被低估的協議來說是個好兆頭，凸顯了流動性代幣領域的機會。

Banana Gun's high revenue ranking despite its low market cap exemplifies the undervaluation of some promising protocols.

儘管市值較低，但 Banana Gun 的收入排名卻很高，這說明了一些有前景的協議被低估。

A recent example is Ethena, which demonstrates the potential for discovering valuable liquid tokens.

最近的一個例子是 Ethena，它展示了發現有價值的流動性代幣的潛力。

Four questions help uncover opportunities in liquid tokens:

四個問題有助於發現流動代幣的機會：

1. Aren't scams the most profitable?

1.詐騙不是最賺錢的嗎？

While scams can yield high returns, asset selection becomes paramount post-2024, rendering scams less effective. Focus on identifying promising protocols.

雖然詐騙可以產生高回報，但 2024 年後資產選擇變得至關重要，這使得詐騙的效率降低。專注於識別有前途的協議。

2. When will the market pay attention?

2、市場什麼時候會關注？

It's crucial to anticipate market trends and identify assets that will garner attention. TradFi capital requires logical fundamentals to drive market movements.

預測市場趨勢並確定會引起關注的資產至關重要。 TradFi 資本需要邏輯基本面來推動市場趨勢。

3. Why not just buy Memecoins?

3. 為什麼不直接購買 Memecoins？

Memecoins, despite lacking fundamentals, exhibit a strong community following, which can serve as a basis for a "fundamental" framework. This community worship manifests in shared memes and a strong collective identity.

儘管缺乏基本面，Memecoin 卻表現出強大的社群追隨者，這可以作為「基本」框架的基礎。這種社區崇拜體現在共享的迷因和強烈的集體認同。

4. What do fundamentals represent?

4. 基本面代表什麼？

Examples like Solanas highlight a logical argument for higher valuations, but fundamentals can also manifest in other ways, such as strong community support or a unique value proposition. Uncovering these fundamentals is key.

像 Solanas 這樣的例子強調了更高估值的邏輯論據，但基本面也可以透過其他方式體現，例如強大的社區支持或獨特的價值主張。發現這些基本原理是關鍵。

Overall, some liquid tokens are quietly building promising protocols, presenting opportunities for those who can uncover them.

總體而言，一些流動性代幣正在悄悄地建立有前途的協議，為那些能夠發現它們的人提供機會。