The Liquidity Bootstrapping Pool (LBP) influences prices by dynamically adjusting token weights, exhibiting characteristics similar to a Dutch auction. The LBP for specific projects will last for 30 hours, auctioning 3.5% of the tokens to determine market value. It is essential to understand the mechanism when participating, maintain rational decision-making, and follow the trading steps. Guidance is also provided for cross-chain Mining and staking project Tokens.

The Bitcoin market has recently undergone significant changes, with well-known electric vehicle manufacturers and other companies starting to invest heavily. Crypto Assets are gradually being accepted by Financial Institutions, and banks and crypto companies are accelerating their integration. Many banks around the world have entered the crypto asset space, and the Bitcoin holdings of publicly listed companies and funds have increased significantly, intensifying market competition. More institutions are expected to enter the market.

Zcash is about to experience its first Halving, with the Block Reward reduced to 3.125 ZEC. At the same time, the development team plans to launch the Canopy network upgrade on November 18th to promote Decentralization. These announcements have stimulated a rise in the ZEC price, increasing market attention and marking an important milestone for the Zcash ecosystem.

Market Observation Weekly Report: With the withdrawal of funds and a cautious sentiment, the market faces increased short-term pullback risks.
Macroeconomic Review
Policy Context Analysis
1. Control the inflation path
Promoting geopolitical peace: alleviating global energy price pressures.
Middle East situation: Oil prices may rise in the short term, but will be controlled through diplomatic means.
Tariff adjustment: Increasing import tariffs may lead to a mild economic recession in the short term, suppressing inflation.
Foreign strategy: applying pressure through tariffs and other means, engaging in negotiations or implementing economic blockades.
2. Lowering the interest rate path
Influencing central bank decisions: promoting interest rate cuts and expanding the balance sheet to stimulate global liquidity.
Developing digital currencies: accelerating the legislative process and weakening the control of traditional currencies.
3. Economic Stimulus Path
Tax policy: Continue tax reduction measures to increase disposable income for businesses and individuals.
Differentiated Tariffs: Implement differentiated tariffs for specific industries to protect domestic industries.

A well-known Layer 2 cross-chain bridges protocol has reached a cooperation agreement with a U.S. listed technology company to jointly develop a Compliance stablecoin cross-chain solution, supporting low-cost transfers and exchanges of multiple currencies, expected to launch in the fourth quarter of 2025, aimed at promoting the application of stablecoins in Decentralized Finance and TradFi.

The new Algorithmic Stablecoin project Frax went live on October 21, and founder Sam Kazemian hopes to challenge the traditional monetary system through a partial reserve system. The team consists of renowned economists and legal experts, and Frax uses lending mechanisms to ensure stability. It is currently undergoing public chain testing, with a full product expected to be launched within a year.

Projects worth following in 2024 include the clearly defined Airdrop of Linea and Kroma, as well as the potential projects Scroll, LayerZero, and zkSync. The Testnet projects Berachain and Fuel also provide new opportunities for investors, and it is recommended to follow their development trends.

Recently, the detention of Telegram's founder has caused fluctuations in the Toncoin market, leading investors to have doubts about the prospects of this digital money. Although the value of Toncoin had risen earlier, the founder's legal issues may affect user confidence. Some investors remain optimistic about its future, with institutions purchasing Toncoin at lower prices, but the risks of token investment are still significant, and potential legal and market fluctuations could lead to substantial losses.

Solv Protocol: Exploring the staking abstraction layer and liquidity mechanism in the BTCFi ecosystem
Solv Protocol is a project established in 2020, aimed at lowering the barriers to creating and using on-chain financial tools, bringing diverse asset classes and yield opportunities to the crypto space. Solv Protocol focuses on minting and trading NFTs related to financial ownership certificates. In 2024, with the continuous development of the BTCFi sector, Solv Protocol has shifted its focus to BTCFi, creating the all-chain yield Bitcoin asset SolvBTC, aimed at providing new opportunities and possibilities for Bitcoin holders while creating an efficient BTCFi ecosystem. Recently, Solv

An aerospace company purchased a large advertising package on a social media platform to promote satellite internet services, sparking discussions about internal transactions and conflicts of interest in the tech industry. Tech giants leverage resources to promote products, which may affect fairness and transparency, while also driving technology adoption.

A Comprehensive Interpretation of BTCFi: From Lending to Staking, Build Your Own Mobile Bitcoin Bank
Summary
As Bitcoin's position in the financial market solidifies, the BTCFi sector is becoming the forefront of cryptocurrency innovation. This research report delves into multiple key tracks of BTCFi, including stablecoins, lending, staking, re-staking services, and the combination of centralized and decentralized finance. The report introduces the market size and growth potential of BTCFi, emphasizing the stability and maturity brought to the market by institutional investor participation. It explores in detail the mechanisms of stablecoins, lending platforms, staking services, and analyzes how the CeDeFi model combines the security of centralized finance with the flexibility of decentralized finance. Finally, by comparing the security, yield, and ecological richness of different asset classes, it reveals the unique advantages and potential risks of BTCFi. The BTCFi sector is expected to welcome more innovations.

The article analyzes the similarities and differences between the Bitcoin smart contract solutions OP_NET and Arch. OP_NET, as a "protocol" solution, emphasizes new assets and execution layers, while Arch is the "Bitcoin Layer 1.5," focusing on establishing a smart contract network on the Bitcoin Mainnet. Both utilize the Bitcoin Mainnet as the transaction initiation and confirmation layer, but they differ in positioning and development direction.

The crypto market faces many challenges, such as fear of missing out and market uncertainty. Investors are advised to focus on core areas, clarify their operational methods, stick to their plans, and continuously improve themselves and build a reliable network to enhance the quality of their decisions and increase the probability of success.

MANTRA has partnered with DAMAC Group to tokenize at least $1 billion in assets in the UAE, marking a new breakthrough for MANTRA in the tokenization of real-world assets (RWA). This move will enhance investment accessibility and streamline processes, with a launch expected in 2025. MANTRA performed exceptionally well in 2024, with its native token OM rising by over 6400%, and continues to expand its business in the Middle East.

Since the launch of the Sui public chain, it has been controversial due to its token issuance and ecological performance. Currently, the lock-up position and volume have significantly decreased, with most ecological projects still in the testing phase and limited users and funds. The release pressure of Sui's tokens is concentrated in the first year, with a large-scale unlock expected in November, facing significant selling pressure in the short term due to insufficient demand.

Kuru Labs: A New Choice for on-chain Transactions
On-chain trading experiences are facing structural bottlenecks. Although the Automated Market Maker (AMM) model has driven the development of early decentralized exchanges, there are still limitations in terms of liquidity utilization efficiency, price discovery mechanisms, and support for limit orders. On the other hand, while the Central Limit Order Book (CLOB) model offers greater flexibility and precision, it has long been constrained by the performance of public chains and on-chain execution costs, making it difficult to truly implement.
Recently, the decentralized exchange Kuru Labs on Monad Layer 1 completed a $11.5 million Series A funding round, led by a well-known investment institution, with participation from several industry professionals. Kuru Labs is dedicated to building a full-chain trading platform that combines order book architecture with automated market-making logic on the high-performance Layer 1 blockchain Monad.

Trump expressed strong support at the Bitcoin conference, promising to push Bitcoin's market capitalization beyond gold. However, his commitment is seen as a tactical move for votes, with actual policy implementation needing to balance multiple interests. The Republican Party supports innovation, aligning with Bitcoin, while the Democratic Party tends to favor increased regulation, but may gradually shift towards support over time. Overall, the development trend of encryption assets is difficult to change and is gradually gaining room for growth.

Sui on-chain NFT ecosystem observation: High popularity during the launch period, technological innovation may be the key to sustained development.
On May 3rd, the Sui Network mainnet officially launched. Prior to this important moment, an active NFT community had already formed on this blockchain. NFTs issued by multiple projects not only generated considerable trading volume but also attracted a large number of user attention.
Despite Ethereum and Solana remaining the most active NFT ecosystems, Sui Network has also attracted the attention of many NFT traders. As a Layer 1 project developed by Mysten Labs, Sui

The great inner turmoil era of the crypto market: looking at the importance of real rise from the VC coin predicament
Recently, the crypto market has fallen into an abnormal state of low liquidity. Not only the so-called "VC coin", but also the majority of tokens including fully circulating altcoins, Meme coins, and even ETH have experienced a continuous decline, underperforming BTC. This indicates that the current market predicament is not limited to a certain type of token, but is a common phenomenon across the entire crypto ecosystem.
The reasons for this situation are multifaceted. Firstly, the supply reduction effect brought about by the BTC halving is diminishing at the margin, coupled with changes in the global economic cycle, which may have broken the past "four years a bull" pattern. Secondly, the prosperity of the bull market in 2020-2021 led to excessive investment and unreasonable valuations in the primary market, allowing many projects that should have been eliminated to survive and enter the secondary market at inflated valuations.
In the absence of external cash inflows, the crypto market is forming.

The article emphasizes the importance of exit strategies in trading, pointing out that the difference between top traders and ordinary traders lies in their execution of exits. Common difficulties in exiting include being driven by emotions, lack of planning, and the pursuit of perfection. Top traders focus on establishing clear exit plans, decisive stop losses, avoiding all-in bets, and rationally viewing each trade. They recognize that success lies in stable execution and Risk Management, rather than the pursuit of perfection.