The success of the dual-token model in GameFi-like projects has been thoroughly analyzed before, and we’ve already discussed the advantages of RiverPts. Everyone’s hopping on the free ride @River4fun http://app.river.inc/?ref=maid_crypto So, what’s the real profitability and revenue structure of @RiverdotInc? The conclusion is shocking—River is actually btcfi??? Let’s take a look: 1. TVL: $670M (0.67B) 2. Institutional TVL share: $320M (0.32B) 3. Stablecoin satUSD issuance: $300M (0.3B) 4. Total protocol revenue: only $600K 4.1: Based on the formula: Daily Revenue ≈ (APY / 365) * Total Staking Supply Reverse calculation shows daily protocol revenue is only around $16K, which aligns with the conclusion in point 4. Collateral composition: HEMI chain > ETH > BASE > BNB > BNB > @arbitrum Stablecoin issuance composition: BNB > ETH > HEMI > BASE > ARB > BOB Protocol revenue composition: HEMI > ARB > BASE > BSQUARE > BVEM > BOB Additional note: HEMI, BOB, BVEM, and BSQUARE are all BTC Layer 2s. Summary: If our data is accurate, it’s clear that River’s protocol revenue performance is solid but not outstanding. Its standout success comes from its market strategy and capital operations. The project’s foundation is essentially a rebranded btcfi project originating from Satoshi. Therefore, the majority of the protocol’s main revenue sources come from the BTC ecosystem. The primary beneficiaries of protocol revenue are on the BSC chain. So, the key question is whether the project can change its btcfi essence. Effectively utilizing TVL and expanding the project’s yield-generating methods will be a critical bottleneck in the next phase. For now, it seems that btcfi’s self-sustaining ability is still relatively weak. On the bright side, there’s still a lot of room for improvement. Breaking out of btcfi’s deadlock and rising to the top would truly make this project exceptional. Data source: https://(dune.com)/river_inc/river
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もっと >低流动性山寨币易受操纵风险增加
[Increased Risk of Manipulation for Low-Liquidity Altcoins] Low-liquidity altcoins are prone to manipulation, with whale trades and false hype often leading to price crashes. Tools like Nansen, DEXTools, and LunarCrush can help identify risks in advance. (Cointelegraph)
纳斯达克代币化证券初期将沿用传统结算周期
[Nasdaq Tokenized Securities to Initially Follow Traditional Settlement Cycles] Nasdaq CEO Adena Friedman stated that although tokenized securities trading has the potential to accelerate settlement, it will still follow traditional settlement cycles in the initial stages. Investors will have the option to settle through traditional methods or use digital wallet infrastructure for settlement. Nasdaq is currently collaborating with DTC and plans to offer digital securities trading services on only a few blockchains during the initial phase. Friedman emphasized that in the long term, tokenization is expected to enhance collateral liquidity and reduce systemic risk by shortening settlement cycles.
特朗普取消与普京在布达佩斯会面
[Trump Cancels Meeting with Putin in Budapest] On October 22 local time, U.S. President Trump announced the cancellation of his meeting with Russian President Putin in Budapest, stating that the meeting is "inappropriate" at this time. Trump also expressed that sanctions would be imposed on Russia and hoped the duration of the sanctions would not be too long.
欧盟批准第19轮对俄制裁措施
[EU Approves 19th Round of Sanctions Against Russia] On October 22, EU member states passed the 19th round of sanctions against Russia. Measures include banning the import of Russian liquefied natural gas, restricting travel for Russian diplomats, and adding 117 'shadow fleet' vessels to the sanctions list.
TON Strategy计划长期积累5.58亿美元TON资产
[TON Strategy Plans to Accumulate $558 Million in TON Assets Long-Term] TON Strategy Co-Executive Chairman Manuel Stotz revealed that the company currently manages $558 million in TON assets and plans to accumulate TON long-term. By integrating with Telegram, the company aims to drive ecosystem development and leverage Telegram's massive user base to provide TON with a unique advantage.