#代币预售与空投 Not sure what to do during the National Day holiday? I took a look at this new batch of projects, and they are indeed quite interesting.

I have been paying attention to the Momentum project, a DEX in the Sui ecosystem. The TVL has reached 240 million, and now there is an event offering an annualized return of 155%, along with double Bricks points. In simple terms, it's liquidity mining; the risk is not high, but the returns will also depend on the future performance of the tokens.

However, what attracts me the most is Yield Basis, created by the founder of Curve. This time Kraken collaborates with Legion to use Legion Score to filter out true builders, which can weed out a lot of opportunists. The financing valuation is only 50 million, but this time the pre-sale is valued at 200 million, a fourfold increase. This valuation increase is indeed shocking, but considering Egorov's influence and the endorsement from the Curve community, the market sentiment still feels relatively optimistic.

Then Canton Network is promoting the Canton Wallet airdrop, but to be honest, the threshold for retail investors is not low. You need to buy SENDTAG, hold 7000 SEND, and also stake 20u. Moreover, you can only share 30% of the profits earned from the Canton Wallet, so the profit margin is indeed limited.

Overall, this wave of projects has strong institutional backing, but the actual performance of the tokens will depend on whether subsequent applications can truly gain traction. Just because the funding parties are strong doesn't mean the prospects are necessarily good; we still need to look at the real trading data. If we're going to invest in new projects, Yield Basis seems to have relatively controllable risks.