The sushi is not finished yet, the sashimi is coming, there are too many mining projects and too little money

Where there are people, there are underworld; where there are huge profits, deception is inevitable.

DeFi mining can be said to be extremely profitable. The annualized rate of return for mining projects is over 10,000 yuan.

Therefore, mining is also a mixed bag, with projects running rampant, and you can start mining by forking it.

Often, this initial period of chaos is also a period of huge profits. When everything is regulated, the huge profits will also be gone. But pay attention to safety, pay attention to safety, pay attention to safety, don't take over, don't take over, don't take over.

1. Sashimi is coming, mining is almost becoming a standard feature of DEX

The sensational sushi migration has been completed, taking away the capital pool of uniswap. As mentioned in previous articles, if sushi succeeds, more people will imitate its model.

Here comes Sashimi. Within 12 hours of its launch, 250 million USD was locked up.

What is sashimi? Is it the fork of sushi?

To put it simply, sashimi and sushi are mined in the same way, even the logos are the same.

So what is the self-introduction of sashimi?

Sashimi aims to create a fairer and more transparent DEX platform. We are now connected to Uniswap and will also connect to AESwap in the future. The aelf team will continue to provide support for the platform. In the future, CCTP cross-chain and other methods will be used to link with AESwap on the aelf ecosystem to open up asset conversion on the two chains and become a permissionless, decentralized cross-chain DEX.

If sashimi wants to build a DEX, it will first use the sushi method to distribute tokens to gain market popularity, funds, traffic, etc.

In fact, we can look at it from another angle. Sushi's mining model is just a way for a project to distribute tokens. This method has been verified by the market and can quickly gain market popularity and users.

Therefore, everyone who wants to develop a project adopts the sushi model, or more accurately, the token distribution model created by YAM.

Those who do dex will basically adopt the sushi method, such as miniswap which is currently mining, moonswap and swapX which are about to mine, IOST's pumpkin, etc.

Mining projects are coming one after another, or in other words, DeFi projects are booming.

2. Mining projects are coming one after another

There are many existing mining projects. Here is a list, which of course only includes a part of the projects.

I wonder which mining projects you participated in? What kind of benefits did you get?

Mining projects, if you want to mine, then go ahead and mine. Try not to do things like taking over in the secondary market. It’s not that you can’t make money, but the risk is too great. You use real money to take over coins that others have minted at zero cost.

Think about how many mining project tokens are on the road to zero, never to return.

Of course, without the support of the secondary market, it would be difficult for mining projects to continue.

There are still many mining projects on the way, and you have to queue up to find a SlowMist audit contract. How many tokens of mining projects can you accept?

3. Mining: Safety is the most important thing, and you should accept less orders

Speaking of the takeover, the Paochi project has caused many users to lose all their money. With nowhere to go to defend their rights, they have caused trouble at the Gate Exchange.

In order to gain traffic, exchanges have been listing popular mining coins one after another, bringing users together to provide fuel for the DeFi mining business.

Finally, you must pay attention to safety when participating in mining. There will be more and more projects that cheat people and more and more projects that run away.

The mining interest rate is high, and safety is the most important.

Link to this article: https://www.8btc.com/media/645901
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