BITWU
BITWU
Bitwu 星球唯一账号！ x.com/bitwux
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🚨 If you have funds on Blast chain, make sure to withdraw them before October 26!
Also, let's guess who the next L2 to fall will be? 👀
Abstract, Hemi, Mode, zkLink, Celo, Arbitrum Nova, Scroll, Taiko, Merlin, Zora, Unichain, or Zircuit?
They are all tears of the times!
BITWU
Blast announced its shutdown, so everyone who still has money inside should withdraw it!
Back when Blast launched L2, it was incredibly popular:
My community friends and I put in over 20,000 ETH back then!
At that time, everyone thought this was a beacon: native yields, points, airdrops, L2 — a full combo that pushed TVL above $2 billion before the mainnet launch, claiming to be the fastest-growing project, leading the Restaking trend for hundreds of days.
But the reason for the shutdown now is very practical: the cost of maintaining this chain has exceeded the revenue it generates.
Reading this is quite emotional.
Crypto periodically spawns new narratives we think can change the world: ICO, Gamefi, Defi, L2, modularity, Restaking, Appchain, stablecoins, Prep dex, prediction, RWA;
During bull markets, fundraising, points, tokens, and subsidies can temporarily cover all problems. But when the tide recedes, every project ultimately has to answer the oldest questions:
Who really needs you?
Who is willing to keep using you?
What value do you create?
And most importantly:
Can the money you earn cover the cost of staying alive?
In a way, I think Blast’s shutdown teaches a great lesson to this round of Crypto infrastructure hype: AI is developing rapidly, so technology can be advanced, narratives can be grand, valuations can be high, but a long-term system must ultimately be self-sustaining.
This is not just a rule for Crypto.
It applies to companies, projects, and even each of our lives: prosperity maintained by external blood transfusions is hard to last.
True freedom often comes from a system that can operate on its own.
Blast announced its shutdown, so everyone who still has money inside should withdraw it!
Back when Blast launched L2, it was incredibly popular:
My community friends and I put in over 20,000 ETH back then!
At that time, everyone thought this was a beacon: native yields, points, airdrops, L2 — a full combo that pushed TVL above $2 billion before the mainnet launch, claiming to be the fastest-growing project, leading the Restaking trend for hundreds of days.
But the reason for the shutdown now is very practical: the cost of maintaining this chain has exceeded the revenue it generates.
Reading this is quite emotional.
Crypto periodically spawns new narratives we think can change the world: ICO, Gamefi, Defi, L2, modularity, Restaking, Appchain, stablecoins, Prep dex, prediction, RWA;
During bull markets, fundraising, points, tokens, and subsidies can temporarily cover all problems. But when the tide recedes, every project ultimately has to answer the oldest questions:
Who really needs you?
Who is willing to keep using you?
What value do you create?
And most importantly:
Can the money you earn cover the cost of staying alive?
In a way, I think Blast’s shutdown teaches a great lesson to this round of Crypto infrastructure hype: AI is developing rapidly, so technology can be advanced, narratives can be grand, valuations can be high, but a long-term system must ultimately be self-sustaining.
This is not just a rule for Crypto.
It applies to companies, projects, and even each of our lives: prosperity maintained by external blood transfusions is hard to last.
True freedom often comes from a system that can operate on its own.
Blast
Blast will be shutting down.
We launched Blast with the goal of building a self-sustaining chain for users and developers. Unfortunately, the economics of operating the chain no longer make sense: the ongoing costs of maintaining Blast exceed the revenue generated by the L2, and we do not see a credible path to making the chain economically sustainable.
As a result, we've made the difficult decision to wind Blast down.
We're sorry to the users and developers who believed in Blast, built on it, and supported the ecosystem. Our priority now is making the shutdown as smooth and safe as possible.
We're asking all users to withdraw their assets from Blast to Ethereum mainnet, including any balances held in the Blast PWA.
To make this easier, we will be reducing the withdrawal delay to 24 hours.
As part of the shutdown process, we'll first begin withdrawing Blast's Lido assets. This process is expected to take approximately one week. During this period, withdrawals will temporarily be unavailable, even after the withdrawal delay is reduced to 24 hours.
Once that process is complete, withdrawals will resume with the new 24-hour delay.
Users will have until October 26, 2026 to withdraw through the normal Blast interface.
After October 26, assets will remain withdrawable, but users will need to interact directly with the Blast bridge contracts on Ethereum L1. We'll publish detailed instructions before then.
We strongly encourage everyone to withdraw their assets to Ethereum mainnet before October 26.
Everyone can enable the "OKX Security Shield"
It's essentially a security monitoring mechanism, and it also provides theft protection compensation.
After enabling, you can see your exclusive theft compensation limit; mine is 500,000
Access it via: App Home Page — Bottom Assets — Top Right Shield icon, but you need to upgrade the App to the latest version first!
OKX中文
Security is not about remediation after the fact; being visible anytime gives you peace of mind; Our latest account security system, "OKX Peace of Mind Shield," is now live!
- One-click check of account and device security status
- Enable six major security items to activate account protection
- Exclusive theft compensation limit
💡App Home — Bottom Assets — Shield in the top right corner to view
I believe patience accounts for 70% of my system;
Another 20% falls into the category of luck,
My ability is only 10% or even less;
I feel that there are actually very few things I can truly control. What is ability? It's not that you can discover market trends others can't, or predict patterns others can't foresee. That's the sum of timing, location, and human harmony. In a lifetime of decades, such moments are rare. If you think you can have them every time, that's wishful thinking.
So this is not ability. Ability is just one thing: it allows you to wait when there is no opportunity and to seize the moment when a truly belonging opportunity appears.
In the end, trading is not about who is smarter, but who is more patient,
and who can better accept that they don't have that much control over the world.
逍遥XTony（2分钟版）
Patience is actually a very important quality in trading; I think it accounts for at least 30% of the weight,
But sometimes, 80% of retail traders lack patience, which isn't entirely a personality issue,
After all, many people really need to make money urgently, have families to support, debts to pay, and simply can't wait,
It's understandable,
But if you want to profit from trading, you must learn to wait patiently, wait for opportunities that suit you, wait for good opportunities,
Even if you can't wait, you still have to wait! bro👊👊👊
With Etherfi also officially announcing the spin-off of its Restaking business, the LRT track is basically coming to an end——
As of September 30, the total TVL of the entire liquidity restaking market is about $1.45 billion, while the protocol revenue generated by the entire track in one week is only about $100,000.
Converted, the annualized income to TVL ratio is about 0.36%, leaving almost nothing after deducting operating costs.
Looking back to 2024, starting from Manta at the beginning of the year, then Eigenlayer, Etherfi, Kelp……
Every ethereum:native achieved seamless integration and kept thriving until the end of the year;
The token price doubled, the token quantity also doubled, truly a golden era that will never return!
