Falcon Reflection Series 1: The Right Approach to Participating in Season 2 The rhythm after the Falcon TGE is roughly set: @FalconStable launches at 7%, with a high probability of 5% in Season 2 and 3.5% in Season 3. If we compare this with the experience of Ethena, we are actually standing at a very familiar crossroads. The difference is that this time we have already seen the entire process of ENA and should not repeat the same mistakes. In the past few days, I revisited the "Correct Participation Approach Series" by Brother Gua @liguagua regarding ENA. Interested friends can also go and check it out; there are a total of eight episodes! 📌 Lessons Learned from Ethena Brother Gua's pain point in ENA S2 was mainly "over-hedging." The background at that time was: sui, aevo, ena, the commonality of the new coins unlocked in Season 2. After the first season ended, the market makers withdrew, and the chips continued to sell off, often leading to a bear market. As a result, many...
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