Bitcoin, DeFi , Yield Farming, and Ethereum Update

Hey guys, today is the 7th. Yeah, we're all the way here, huh? So quickly to the 7th of September on Monday here, that's at least in Hong Kong. And a lot has happened over the weekend. A lot of drama has happened over the weekend, especially in relation to the price of the overall market. Boy, did we take a pretty big hit. And, yep. But, you know, crypto moved on, which is great. So we're starting at a time when the market is showing slight signs of recovery. And we'll talk about the general sentiment overall today in today's episode. A lot of drama also happened with a very famous Japanese meal, sushi, left a little bit of a sour taste in our mouths this weekend as well. So sushi, not Japanese food, but the project had a bit of a disaster when the founder, when the single soul programmer who calls himself Chef Nomi, Chef Nomi sold all his sushi. So, oops, there's a fly over here. I don't know why there's a fly in his room, but there is now. But Chef Nomi, he actually sold all his sushi, just almost like Charlie Lee did with Litecoin. And this sent a lot of people into a tizzy because there's a huge debate on whether or not he should really be able to sell this. Does this belong to him or the community? The community always thought that he would in some way leave these funds in there and continue to support the project and be very, very vested in sushi overall. He actually holds quite a lot, around 10% of all sushi in existence, which is a lot of tokens. But anyways, in a fit of rage, he market-dumped that all on the market and the community freaked out and sushi became a big, fiery, towering inferno over the weekend. We'll talk a little bit about what exactly happened at the end and my take on it, and we'll have an overall discussion on this whole sushi debacle. Now, this also sent yield farming into a little bit of a tizzy as well because now everyone's kind of suspicious of yield farming, which they rightfully should. So I saw a lot of comments over the weekend on people very angry at all those yield farmed coins. We had a major dip on that. And I think that's actually a good thing for market recovery. At the end of the day, I feel like last week we were a little bit too fast, too furious, to say the least. A lot of projects, for example, sushi got listed onto Binance just in a snap of a finger like that. And with these early projects, it's very, very hard to stabilize the price. The price goes wild because no one knows what's happening. A single tweet can send things flying out of control. So, yeah, that's exactly what happened. And there was also a lot of scams last week as well. Well, not exactly scams, but there were mining projects or farming projects that really got too fast, too furious, and people who didn't understand the idea of impermanent loss got hurt really bad. The fact is that a lot of these mined coins, if you're in them, the prices just went straight down, straight downhill. Like, it was just obliterated. And in many instances, people got very, very hurt along the way as well. And this is something that we've been talking about for the longest period on this channel, and I learned impermanent loss the hard way with YFFI. So, when YFFI, when I first farmed it, it dropped from 300 to literally 100. So, it lost around two-thirds of its value. And I kept diving down. And it was then when I started exiting and I was licking my wounds of impermanent loss, right? So, this is why I didn't really join a lot of impermanent loss-related pools, any liquidity pools with the associated new coin. And this was something that was a very, very good decision. So, I held back a lot last week. It took a lot of determination to hold back. Because you see, a lot of times, you saw very, very high-digit returns on investment. So, sometimes you saw, like, say, 60,000 annual percentage gain. Or maybe, like, there was even bigger ones. There was, like, 150,000 APR. You'll double your money in three hours if you're in this pool. But at the same time, because the prices of the coin were dropping like this so fast, potentially, you could have, like, one-tenth your money. You could have lost 90% in that same three-hour period, too. So, yeah. That was pretty much what was happening on the whole scene. And I'm glad, I'm super glad I did not join any liquidity pools for new projects. That includes, you know, that includes noodles. That includes, what else was it, kimchi? I don't know. It was a bunch of these projects that I took a conscious effort, you know, just, like, pulled myself away from that mouse and just, like, you know what? Don't touch this. Don't touch this, please. Do not touch this. And that was a good decision. So, we'll talk a little bit about that. What's next? I looked a little bit at a swerve. But to be honest, this weekend, guys, I spent a lot of time just taking a break. Last week was just too crazy. I was sleeping at these weird hours to get into new pools, et cetera. Like, I remember distinctly waking up. Actually, not waking up. Just waiting until harvest.finance was up. And then I was, like, putting stuff inside and stuff. And that really screwed up my sleep schedule. So, mostly sleeping at 4 and then taking naps throughout the day. That was brutal. So, this week, I just kind of took some time off and just said, you know what? And that did well. That did well. So, anyways, yeah, Kenny LM immediately asked, box money, have you lurked into swerve? So, honestly, I looked into it a little bit. And I actually said, nope, I'm not going to touch it this weekend. Mostly because the code is very new. So, with anything with a lot of new code, there's also a lot of risks associated with it as well. Mostly, I think a lot of people did go inside. And a lot of people said they're okay. So, I'm looking at this morning. But, honestly, a lot of these newer projects, I just said, nope. Like, the amount of due diligence required for this is just too intense. And I actually wanted to have a weekend this weekend. So, anyways, that's kind of my to-take of what's going on. But I will actually put, we're going to do some stuff. If you guys, I'm looking at the chat right now. It's going a little bit crazy. We'll have to do something to control chat, to be honest. Let me just pop out. Let me just see how I can manage chat right now. Because I just see too much activity going on. By the way, thank you guys all for tuning in, by the way. This is really great. Also, if you guys are tuning in, make sure you select the like button. It really does help. And we'll do an active effort to keep the chat clean. It's, yeah, it's something that I've been trying to do. And it's been working super, super well in our Telegram channel. So, we'll open that up yet again. So, our Telegram channel, we closed it off to new people. And it's actually worked really well in terms of the level of discussion. Quality has improved a lot. And we're trying actively to increase the quality of discussion throughout this whole entire kind of community here. I think it's actually quite important to get good information from everyone and making sure that we are ready. So, as promised before, I said today we're going to open up our Telegram chat. So, what we're going to do is we're going to just, I'm just going to open it up here. It's now open. And you have to use the link from the chat right now. And this link will be revoked at the end of this live stream. So, that's kind of the case. But anyways, guys, just be taking into account that if you guys overly spam in the live chat, we will have bans. And those bans are permanent. So, you know, message wisely. Anyways, okay. And before we start, let's go and just give a quick ecosystem update on what's happening. So, Fox Mining this week, we had, I think it was not too much. We just had, yeah, we had this unhappy face, a bunch of live streams. But we didn't do too much this week. We had one interview with a player and a special guest, which is, oh, I just revealed a special guest. It was Dima from Hacken. And, yeah, that was a pretty interesting interview about gaming and also about security and our takes on decentralized finance. So, make sure you check that out. And, yeah, that was pretty much it. I'll try to do more videos this week. Last week was just too crazy. So, yeah, it was like videos just got put on the back burner because of how crazy farming is. So, I'm just going to do more of these live streams because they take way less time to do. That's the honest truth. And I'm also uploading the episodes onto the Box Money Out of the Box podcast. So, if you guys want to check out the podcast, make sure you check it out on Box Money Out of the Box. It's on Apple Podcasts, Spotify, pretty much every single thing that has a podcast, it's on there. I know, like, I'm a little bit behind on episodes. I just have some uploading issues. But kind of funny, Sam was interviewed there as our last episode. And Sam Beckman-Fried is the CEO of Serum. He's also managing Alameda Fund. He's also part of Serum. And also, now he has all the keys to sushi. So, this guy is just absolutely insane. And that insight, the level of insight you get from Sam is just next level. I've often called him the vitality of making money. Or the vitality of decentralized finance. Maybe I'll put it better that way. But lots of insight from him. Definitely recommend you checking out that interview if you have not done so already. People saying the telegram link is not working. I actually think it should be working. So, I've seen people entering the channel. Just one thing to take into account that if you join the channel, there's a bot that makes you type something in. You have to say hi after joining. Otherwise, the bot kicks you out. So, just use the link to join. And then that would be back. Pop Majesty says, why even use telegram? So awful to have meaningful discussions or exchange info. I find it's still fine. It's one of the key ways that crypto exchanges information in large chat groups. I'm in a lot of chat groups right now. It takes a lot of time to sort out information. Discord could be better. But I haven't started a Discord channel as of yet. But yeah, half the discussions mostly are on telegram. So, anyways. There we go. Alright, so we'll answer a lot of these farming questions. But we'll take a first look at the market as we always do. And let's take a quick glance at what's happening right now. So, Bitcoin is still above 10k. So, we almost touched the 10k mark. We almost fell to 4 digits. A lot of people were being scared on this weekend. Ethereum also. Ethereum fell below 400. It almost touched 400. Almost, almost. But did not. And we're... I'm sorry. No. It almost touched 300. Rather. 300. But now we kind of recovered a slight bit. So, overall, we have a little bit. A little smidgen of market recovery right now. Just a little bit. A little glimmer of hope as of this moment right now. So, if you actually look at the past 24 hours. Sushi had one of the biggest recoveries in the world. Because now Sam has the keys. We'll talk about that in a sec. But almost like the ownership, the leadership of the project has actually changed hands. We've got Uma also moving up after a huge dump. And then, yet again, Blockstack. So, we see actually, in the past 24 hours, this kind of like green for above 10% seems to be quite present for a lot of altcoins. So, it's just that kind of sigh of relief almost. The market seems to have finished dumping, at least for the time being. Recovering a slight bit. So, we're finding where our support is. Now, this is actually a very interesting time. I'll take a look at Ethereum as well. So, we're at Ethereum here. This actually freaked out a lot of people because of just how fast it went down. I mean, throughout the whole entire week. I mean, we were just like going straight down. It was a drop. It was a drop for almost touching 500. So, you can almost see us there. Like, we're almost touching 500 mark. It was 490. And then, we just went straight down. And just like these big dumps that happened as well. So, very likely large players here. So, you can see this one, this one, and this one, and this one, and even these ones. You can see these giant dumps down. People trying to recover the price. But, nope. The dumpers kept dumping, right? That's kind of the case. That was a story worth of Ethereum. And people freaked out a lot over this weekend. Like, majorly. And you can see that mostly through Twitter. Like, if you actually look at Twitter, there are so many very negative people. And, in fact, just very angry people too. And it's still a point where I kind of started identifying who are the angriest. And most likely, they had very, very much unprotected positions that caused them to be emotionally compromised, right? So, in the most kind of Spock way of saying things, yeah, this guy's emotionally compromised. But it's kind of true. You kind of have to identify that in people. And very likely, they were not good investors. Let's just put it that way. A lot of good, bad investors started voicing their opinions over the weekend. And it's just good to just tag them and just kind of just ignore them. That's actually really important because you want to keep a very clean mindset going forward. At least I do. Like, I try very actively to be, like, as emotionless, as robotic as possible. So, that's just me. Not financial advice. Nothing on this channel is financial advice, by the way. But for me, that's the state of emotion I want to be in because I want to make the most logical choice going forward. Like, I want to actually make money in this market, not just, like, gamble recklessly, right? And you definitely realize that all people are gambling recklessly. Some people took huge losses when Ethereum didn't go up. I mean, there was these, you know, talks of Ethereum last week. You know, it was moving up so fast that people were talking about and dreaming of 700 or 600, etc. No, that didn't happen. And a lot of the fear from the traditional markets bled into the crypto markets, too. So, there was a lot of profit taking or a lot of fear. The stock market actually dumped on both Thursday and Friday, which led to crypto markets also having this knock-on effect over. So, yeah, it looked really ugly. It looked really ugly. And so, yesterday here at this point, I was, like, looking at some deals. So, you know, when markets dip, that's when you start buying, when everyone's afraid. I mean, that's the common, the cliched quote of Wall Street, right? Like, oh, you sell when everyone's greedy. You buy when everyone's fearful. So, I was looking at my positions here. I did enter a few positions, but I did not use a lot of my USDT. So, I did not make it a secret that I was holding USDT and other stable coins. I still have a pool, and I still have that around. Reason being is because I can make a quick entry into the market. So, that was always around. And I did tell you guys I was farming with USDT, etc. Maybe I should have made it more obvious. I should have. But anyways, I used around 10% of my USDT. I did not use my entire stack. Mostly because I was looking at my risks, and I'm very, very exposed to market. I had a lot of positions that were very exposed to the market. And I just looked at myself, and I was just like, okay, how much more exposure do I want? And I was just saying, look, in terms of risk management, I want to buy the dip. I want to buy more. But it's a case where I was already very extended, and I had just to pull myself back and say, look, buy what I really wanted, but no more. I don't want to spend like half my USDT just in case. All right? Just in case there's something bad that goes on. Like, I play things a lot generally on the safer side personally for me. So, that was a hard decision to make. It was like, it was a case where I was just like, you know what, you know, manage my risks properly, please. One of the key reasons why I would say is also because just looking back in history just a little bit. So, back in 2017, so I was there for the 2017 bull market, and you can actually see, it's actually very unclear. It's actually a situation where it's actually very hard to see this. But anyways, let me zoom out to max again. Let's please do that. All right. All right. So, just going here, I'm not going to go through the big bull yet. So, just going here. In 2017, we did have dips along the way. And those dips were pretty brutal. So, along the way, you know, they had these sudden dips downwards and downwards. So, early, early 2017, that was happening. So, it wasn't a, you know, it wasn't a direct ride. And, in fact, it's actually a little bit more clear on Ethereum. So, let's take a look at ETH in 2017. And I feel like there's a strong correlation in terms of vibes between now and 2017. So, that's why I'm kind of looking back into history here. And let me just take a look at here. I just make it. So, the point I wanted to make was this big dip here. So, this is between June and July of 2017, where there was a continuous drop. So, yeah, yet again, we have this, like, almost an echo, right? So, we had this big rally for Ethereum, pushing up, pushing up. Ethereum was invulnerable. It was indestructible. We're going to go flipping Bitcoin soon. And then there was a dip, right? So, this dip just went dive down. And it took, it was almost like a month, right? It was a month, a month of just negativity, negativity, negativity. There was this point where I actually messaged Ivan and Tech and just said, you know what? Is this over, guys? You know, like, you know, we just started our YouTube channels back then. And we're like, you know, is this over for crypto YouTube? You know, is that the end? And then, of course, obviously, when the bull run actually came, right? When the big, big bull run actually came, this just looks, like, insignificant. You don't even see that anymore. So, this is why, like, I was zooming out. You can see it on the logarithmic chart. So, you can still see that dip. But when it came, right? When it came to a linear chart, when it came to that explosion, right? With that big explosion, the big run-up, this looked insignificant. But just right now, I'm just, you know, being cautious. Being cautious, as always. You know, I don't plan to be in crypto for such a short period of time. I've learned very, very long ago that, you know, crypto has some really powerful elements. Just that discovering them takes ages. And there's a lot of just insanity along the way. So, the way I look at it, yeah, why not? Still have some fiat reserves. Manage my risks. You know, I'll be around forever. So, yeah. So, let's take a look at the comments. But, yeah. Let's see. Bite a dip or catch a falling knife. Sometimes it's really hard to catch a falling knife. So, Robin Norton says, bite a dip or catch a falling knife. And it's like, it's hard. It's actually, in fact, really hard to catch a knife, which is really kind of difficult. Okay. Okay. So, anyway. So, we'll continue on. But that's my kind of take on it. I'm actually much safer than a lot of people think I am. You know. I think it's one of those personality things on YouTube where YouTube generally prefers people who are extremely, you know, very bullish and telling everyone to buy. And then, you know, or that or very bearish or telling everyone to sell. But in the middle, it's actually hard. But I think on this channel, I'm being very honest with you guys. And I'm being like, you know what? But yes, I did buy like a few. But definitely, definitely, definitely being very cautious at this stage too. And it's almost a point where like, I think a lot of people actually made a lot on sushi. Like if people bought sushi at one dollar, which was, I was actually very close to, right? I was very close to buying sushi. But I just said, you know what? It was weekend. I don't want to spend my entire day trading again. So, you know, those are past opportunities. And I have no regrets. I have no regrets. And it's one of those cases where, yet again, speculating on farm coins is very dangerous. And I had a lot of people who were very angry at me on the weekend too. Like, oh, box money. Talked about sushi. Now, sushi lost a lot of value. I probably bought it at $10 or $11. And I was like, you know what? Sushi, you can get it for free. Did you know that? It's called farming. It's called yield farming. And that's what I did. Like with yield farming, I was pretty aggressive yield farming. I was in a lot of different pools. I was in band, ample, Ava, synthetic snake, wifey whale. I was also in Donald dye. So the deal with these pools is that the rarer the coin or the more lesser known the coin, the higher the rewards. But you have to have exposure to that coin, right? So what I did was I just took, because I was already holding some FedEx, I was already holding Ava. I was already holding Band. I just took that out of Binance, put it in as a liquidity pair, and put that up on sushi, and you get sushi for free, right? So that's the kind of beauty of it. So you do, of course, obviously, potentially suffer some impermanent loss. But yet again, it's a case where because these coins have been on for a little bit longer, I probably did suffer quite a little bit of impermanent loss. But it's not devastating. It's not going to go like 99.9999% down, which some coins do if they're new. So I think with Yuno and Hot Dog and all that stuff, there was just like 99% dip, which you just obliterated your position, right? So I was into these pools, and I earned sushi, and that was it. I didn't actually really buy any sushi at all whatsoever. I did tell a story of an incredibly brave soul that bought sushi, like 1,000 E4 of sushi. That was my story. That was story time on Tuesday. And obviously, he made it off selling it at $11. But now looking back at it, it's actually incredibly risky. Like, I think there's, I have a lot of friends who have incredible, incredible balls of steel, of titanium, of adamantium. Just incredibly, incredibly ballsy moves. But, you know, that's not me. So, you know, I was a little bit jealous. I'm like, wow, I can make a 500 E4 in the afternoon. What the hell am I doing with my life? But now in retrospect with how volatile this market is, if he didn't get out of that position, he would have taken a huge, huge loss. So, yet again, it's one of those situations where you have to be, like, perfect with timing. People, survivors will always share their winning stories and they'll never tell you the bad ones. I'm actually in a good position right now. So, I actually tell and I share a lot of bad stories. And, in fact, this weekend, I was not actually in a bad position. I had a very, I had a long position on MTA. And there was a point where I was just sharing a screenshot, like, look, I'm really, really down on this. Like, it does happen. Sometimes you enter a bad position. You, the market does not go your way. And that always happens. And I think sometimes it's good to share that, to balance out. Because if you constantly share victories, people will think you're a goddamn genius, which a lot of people want them to think you are. But at the same time, they'll think that things are easier than they are. In life, you know, trading is not easy. If trading was easy and people were generating 3,000% gains every three days, which is what a lot of people are advertising. I saw a lot of these adverts that, like, they cherry-pick the best trades, right? So, there's, like, these, like, Twitter ads and bots. And, like, oh, we sell these bots. It gives you 3,000% every three days. Gosh, if that actually worked, people, everyone would be trillionaires by now. You know, like, you wouldn't have to sell that bot. Let's just say that. You know, like, you would actually keep that bot pretty secret. And your strategy pretty secret because, yet again, it's one of those situations where there's no way to guarantee that 3x your money every three days. Just think about it. Compounding that is 1x in your $1 every day. Like, you'll eat up the entire net worth of the world very, very soon. I just say that. So, anyways, that's pretty much the case. Okay, so... We're talking about sushi. People think it's a scam. Look, sushi, at the end of the day, it came up very quickly. And I think it's one of those situations... I'll follow the sushi drama. But I think, like, it's one of those situations where in crypto... People use the word scam just way too liberally. It's kind of sad. You actually distract yourself from decent discussion. So, yeah, sushi did have a screw-up. But was it really a pump-and-dump scam? I don't think so. They actually wanted to do something... And they still are. They still want to do something that's incredibly useful in the space. Which is to create another type of automated market-making. So, another type of decentralized exchange. Where market-makers are... Or liquidity providers are more rewarded for what they're doing. Which is something that is very innovative. That's why all of a sudden it took off, right? So, there's a lot of very strong elements inside. Obviously, let's go to the story of what happened. So, sushi was developed by one... Mostly by one entity, right? It could be a group of people using the same name. But it's developed by Chef Nomi. And Chef Nomi could be a person. Could be a group of people. Who knows? But Chef Nomi is anonymous by nature, right? So, he didn't reveal... He or she did not reveal who they are. Now, very quickly what happened was that throughout the week... So, if you actually look at Nomi's posts... He... I think I can almost understand this very well. He just broke down. It was a place where... I think a lot of people are going to hate me for this analogy. He pulled a Britney Spears. And it was just so much pressure on him. He just decided, you know what? Cash out. Rage cash out. And there was two very big transactions that happened. So, what happened was that sushi... With the way sushi was always set up... 10% of all the rewards will always go towards the founder. Towards Chef Nomi. So, every time you collect reward... 10% of your rewards will go to him. Or it was kind of calculated that way. But anyways... What happened was that he just took that amount... And just dumped it straight on the market. Initially, he did it with a... He dumped half and provided liquidity pool. But then after some criticism... He just took the entire thing out. Took the remaining sushi and just smashed it. Bang. On the market. Boom. Market dumped. Giant arrow downwards. I almost felt like this was a rage dump. Like, following this situation... I thought... You know, this was a situation where it felt like... This guy just got frustrated. He knew he had money anyways. He knew he had to have full power over the money. And just took it and... Bam. Dumped it on the market. Took that EF out. Hallelujah. Thanks. Thanks for playing. Yeah. That was what happened. That's what led to a lot of people calling it a scam. Because he also promised that this debt fund would stay... You know... A debt fund for some time. He wasn't going to dump it on the market. But he did exactly what he said he wouldn't do within like a few hours. So... Yeah. People got really, really angry. People called it a cold pull rug. Obviously, the project still stood. So... You know... In that respect, there we go. But... It's a classic case of crypto. Crypto is a situation where... It's a matter of what you can do and what you can't do. And I think I've said this for the longest. The longest amount of time. If those funds were in his wallet... That's free game. Right? That's unfortunately the case. I don't trust a single person in crypto. Don't trust Verify. It has always been there. So I wasn't really surprised. I don't think I was too surprised by the action. And I was actually commenting on... You know... This could have been expected. With this kind of rage dump... I kind of felt like this person... And I've also felt some stuff like this before. When people start pushing a lot of pressure on me to release a video... Because they want to pump their coin. I almost want to rage and say... I don't want to release this video anymore. Because all you want is to pump your coin. You know... And... This guy probably the same thing. You know... People just wanted him to pump sushi. And he just like... You know what? Screw this. Rage quit. Boom. Drop mic. Game over. Right? So... A lot of people were like... Oh, should he deserve this much? Blah, blah, blah. But you know what? At the end of the day... It was fair and square. We saw in the code that he was going to get 10%. It was written in the Medium article that he wanted 10%. And he dumped it for 10%. So... I didn't really feel like it was a pull rug. That much. At all. I felt like this was kind of expected. And should have been in the risk assessment. And it was in my risk assessment. I knew that he had 10%. Whatever. Right? Didn't really matter too much. And at the end of the day... I didn't really buy much sushi. I farmed it. So... My free sushi just dumped a little bit in value. So... Yet again, it's one of those situations where it didn't impact me a lot. I didn't get very emotional. And I couldn't really understand too much why some people were super emotional about this. But there were various groups that just called this a pull rug. Which I don't really think so. A pull rug... I would really define it as... If sushi created a trillion sushi out of nowhere. If Chef Nomi created a trillion sushi out of nowhere. By exploiting part of his code. And then dumped that on the open market. That would be what I would call a pull rug. And that did happen with a lot of projects. But sushi... Not really. He just like... Rage dumped it. Those coins took it. Probably cashing it out by now. And the funny thing obviously... Is that he actually transferred control... Of this entire sushi project to Sam Bankman-Fried. So SPF actually has control over the project now. So in a funny twist of events... After a lot of arguments... Sam actually has sushi. Kind of interesting because we kind of always suspected that Sam was farming a lot of sushi. Sushi you get it for free. Right? So Sam being able to use Alameda's funds... He has control over $100 million of funds. Right? So he was most likely farming a crap ton of sushi. He's probably one of the biggest sushi owners. So yeah... Control went over to him. And he's also the guy behind Serum and everything else. So he has a lot more trust at the very least. And a lot better handling of things. So anyways... Trust went over. And that's how sushi recovered. Is via that recovery. So I hope that kind of fills in the narration of everything that went on. But now we're at a stage where sushi is going to continue to progress under Sam. A lot of people are very critical about this. A lot of people had a lot of opinions. And very few of them had good opinions about what's going on. I think that's kind of the case where crypto... Everyone has a dick. Not everyone should be showing out their dick and waving it in public. I know this is a really crude joke. And not really a joke really. But anyways... Not everyone should be showing their dick in public. I was to a point where... You know what? I don't want to see more of that. Just turn on Twitter. And went off on my way. So... Anyways... We got Pop Majesty says... Chef was forking a real project to grab cash. Chef had no reason to leave. Stress from what? He didn't go for 100th of the hard work as Uniswap. That's the nature of crypto, right? A lot of people are so angry. Oh, people are forking people's codes, etc. That's just the way crypto works. I mean... You know... If you want to open source it, people are going to use it. And people might create more value out of it. And... That's the beauty of it, right? If you actually think about Bitcoin as a primary example... All the altcoins came from Bitcoin. If Bitcoin was closed source... And if Satoshi Nakamoto said... Yeah, I want to copyright it. I worked hard on this. I want to copyright it. Prevent people from copying it. We wouldn't even have the whole altcoin space. It's kind of the nature and the spirit of the whole crypto. Yeah. I think it's nothing wrong with people copying code... And having micro-innovations... And, you know, carrying on. And that's why crypto moves so fast in the first place. Because everything is open source. You can take direct inspiration and just... Not just direct inspiration. You just copy it one for one. And just make a slight modification. And it could work off very well. And, you know, congrats to you. And, you know, that's what it is. So, Julian Frost. So, we're pretty divisive here as well. In this comment. In a comment session, which is interesting. It really depends on... I think... If you actually look at the situation, right? If you look at all the comments. It's very clear who had over-leverage. Or who benefited from this. And who lost out from this. At the end of the day, yield farming was very... And it is still very profitable. Just that there's more and more scams right now. So, you have to be very careful. But it did open up a lot of opportunities for people. And some people who didn't get involved called it a scam. Um... I feel sad for you. I feel for you. Sorry you didn't make money. Um... Sorry you missed out on Wi-Fi. But we talked about it in this channel very, very early on. And, yes. I did farm it. I farmed a lot. I made a lot of money farming it. Not gonna lie. Yeah. I don't think I was promoting scams at any point. I told people very honestly what I was doing. And also, I told people about impermanent loss very early on. So, congrats to anyone who won. Um... Sucks to be you if you didn't. Um... You know. Welcome to crypto. Uh... I love this comment from CLPJ1417. I left betting horses this shit is paradise. Man. Crypto isn't... Like, there's a lot of elements that feels like gambling crypto. But, yet again, it's one of those situations where you definitely don't want to, um... Feel emotion, though. I mean, horse racing is fun. There's lots of emotion involved. But crypto is like... If you want to be good at it, you gotta be... Oh, at least for me, anyways. Um... At least for me, it's just more safe. So, anyways, we'll talk a little bit about yield farming just to conclude up everything. So, yet again, it's a situation for me at the very least where I try to avoid impermanent loss pools unless I want to actually hold that coin. So, let me go through what I'm farming right now. So, I'm still in sushi. I still... I'm not too concerned about the migration anymore now that Sam's doing it. So, I haven't actually touched any of my steaks. So, it's all steak there. What I did yesterday is I pulled my sushi out. So, I actually collected... I just... Because gas fees are lower. So, I just went into every one of these. I went to collect the sushi that I earned. And I did something that I probably shouldn't do. But with the sushi that I earned, I sold half. And the other half I put into a sushi party. So, I'm like, you know what? We'll see what happens in the next few weeks. Something that's going to be interesting, obviously, is that the sushi rewards were going to be going down next week. So, I'm in a situation where, you know what? I'm going to just risk half my sushi farm that I got for free from farming. And I'm going to put that into a sushi party. So, that's what I'm going to do right now. So, yes, it might incur some impermanent loss. It does seem risky. But yet again, I'm playing with my gains here. So, I'm not overly concerned about what's happening next. I'm also in Pylon.finance. Pylon's doing some different pools that I'm in. So, I'm in Pylon. If I can actually load. So, I'm in Pylon for... Let me just see. So, I'm in Pylon for YA link. So, I put my YA link there and my wrapped Bitcoin there. So, I actually moved some Bitcoin over from the Bitcoin network to Ethereum. It's using wrapped Bitcoin. And it's actually rent Bitcoin. And then I converted it to wrapped Bitcoin. So, long story there. Lots of conversions along the way. Lots of also losses along the way because that conversion does take a little bit of time. But anyways, that's what I'm in. I'm also in YFV.finance. So, in YFV, I'm actually in the seed pool. So, seed pool has no risk of impermanent loss. It's mostly stable coins. So, for my tether, I'm in the seed pool for YFV. So, you get around 100%. It's not the best rewards, but it's all right. You know, it's 100. It's still better than a bank, right? Bank gives you around one. So, 100%. 100% is pretty good. YFV, obviously, the price has been fluctuating a little bit. But, you know, that's the way it is. I'm also in the REN pool, the BAT pool. I'm also in the KNC pool. I took my crypto out of the Bitcoin balancer pool, mostly because I had more Bitcoin and I didn't want too much exposure to that. So, it just depends on the exposure amount. You know, in terms of REN, BAT, my holdings weren't very big. But in terms of Bitcoin holdings, I was just massive. So, I didn't want to expose myself to impermanent loss, in which case, you know, that would take me down quite a bit. So, yet again, I took some crypto out of this pool right here. Lastly, let's see what else is there. Harvest farm.finance. Harvest.finance. I'm still also here. I'm in the... Let's see. Actually, not in too many pools. I actually took my funds out of the base farm. Yeah. So, I'm mostly out of farm, I guess. Yeah. Interesting, huh? Yeah. Mostly out of farm. I actually exited this pool just because of risk to funds. Like, we know that this is being used and deployed. But yet again, playing it safe. I know the APY is quite high on this. But I was just like, you know what? I had to exit just in case there were any risk to funds at this current point of time. So, anyways, that's kind of the current take of mining. So, not mining, farming. So, yet again, with farming, I'm playing it a little bit safer after last week. I know Swerve is up. A lot of people were talking about Swervefy. So, Swervefy is kind of a different clone of Curve. It pretty much uses the Curve assets right there. And you can use it exactly pretty much like Curve. But I'm not in the pool yet. Swerve APY is actually still quite high. But I'm not in there yet just because the code is quite new. And I'm just playing it safe today. So, I'll probably take a look in the afternoon. It's really hard to audit something like this. I'm actually hoping that it gets formally audited by someone else. Right now, it's still really risky. So, it's a situation where I saw huge rewards. But I'll say, you know what? Hold back. I know I can click a button and get insane rewards and YOLO it. But it's a case where also, like, if it screws up. I heard there was a migration clause in there somewhere. Yeah, didn't have time to look at it. Didn't want to go in. That's the story. We got Ryan Rones' ETH too much fees. That's kind of the case, right? Yeah. Oh, lastly, we had TRX pool. So, moving that as well. I did tell you guys I was in Perl on Tron. Perl was giving pretty good rewards. It was giving around 300% for USDT. And that was great. Like, yet again, it was one of those cases where I don't support how Tron does everything. Like, you know, Tron copy-pasted a whole white paper. And that's a situation where you can copy code, but white papers, that's generally frowned upon. But also, Tron has some malicious, you know, exaggerated marketing practices too, which I don't support. But anyways, for Tron, the pools that USDT was doing 300%. And I was like, you know what, there's no reason for me not to be in this pool. You know, it was actually audited by Slow Mist, which is probably not even audited. It was reviewed by Slow Mist. Tongue tied. But anyways, so, I was in the USDT pool because the transfers are very much free. So, I can just move it in and out of exchange very easily if I ever need the USDT. So, I was just parking my USDT there. So, it's around 300% and that did well. But now it's ended. So, that's, you know, too bad. It sucks to be. And then also, all the other pools, a lot of people were talking about Salmon. So, I did try it. So, with my gains, I went on to Salmon.finance. But yeah, that incurred a huge loss for me, actually. So, yeah, sucks to be me. So, I tried it with the gains. You know, it's one of the cases where I'm like, you know what, I wanted to try. It seemed very interesting. You know, maybe they can produce something. Salmon is essentially sushi on Tron, right? So, anyways, the pools that were involved were either Thai TRX, Pearl TRX, or Salmon. But Pearl and Thai both dropped a lot in value. Pearl dumped like a crazy, right? So, I sold some initially, but then I went for the 50-50 Pearl pool. And Pearl just dumped like a brick. So, I went from like 5,000 to 1,000. In which case, the impermanent loss there is large. Like, pretty permanent. And also, Thai also dumped like crazy. So, yeah, there's two experiences that I did want to share with you guys that were unsuccessful. Yeah, Thai also dumped from 40. So, I got it in around 20, but also dumping to 9, you lose around half, and the rewards aren't worth it. Salmon, they did say Salmon was going to burn 99% of the supply. They're trying to push up the coin price, but yet again, Salmon's one of the coins that are highly speculative in value. It was very valuable until it just dived, nose-dived down to like $30. And it's a point where, you know, you just have to say, look, I'm not really interested in playing this game. You know, it's not an investment. It's just a waste of time, really. So, yeah, that's my current take on it. Didn't do well, but, you know, didn't really lose much either. So, it feels like that way. Something that's kind of interesting, and so we've got LazyCats, is Tron feels like a scam. It's very severely advertised, to say the least. I do want to say something that was kind of interesting as well, because one of the reasons I was also looking in Tron is because of the China angle. So, China was very suspicious with DeFi overall, and China didn't really pick it up. So, having Tron pushed that DeFi narrative in China was pretty interesting for me. So, I felt like that was kind of the reason why it was worth my time to look at it. Just like, oh, let's see what China can do. Let's see how much fever it can have. So, it turns out that China can have a lot of fever, but yet again, they're really, really finicky. So, if, you know, I can rise up, like, for all, it went up to 5,000 and just dumped straight down. But, you know, it's interesting how it could go up to 5,000, to say the very least. That doesn't seem to be a very valuable project overall. I just collected free coins, right? So, the other kind of interesting thing I do want to talk about in China that happened this week was Tuiba completely collapsed. Tuiba is essentially a Chinese MLM scam. So, essentially, it got pushed to a lot of different people in China. And it can actually kind of, this tells you a lot about the Chinese mentality going forward, which is very, very interesting. So, Tuiba got pushed to Chinese. And it was a point where, like, this graph looks like the most artificial fake graph in the history of the world, right? Like, literally, you can probably, like, plot a mathematical equation and have a 99% correlation. R squared could probably be 0.99. It could potentially have a very, very strong fit. It just looked printed, right? That's, like, the craziest part about this coin. So, anyway, so this scammed a lot of Chinese people. People just saw this. It was going up. It was continuously going up from, like, essentially a dollar to, like, 70. So, it did a 70X or whatnot. So, a lot of Chinese actually got into this believing that it could have been something pretty amazing. So, and they were pushing out advertising like crazy as well. And then this weekend, it met a short and abrupt end. This is what happens always with pump and dumps. That is scary. That is scary. So, it just went, like, bam. It just slammed down. Like, roughly around what people were saying is during that time, there was a savage dump around $120 million. So, it's not as big as the other scams that happened in Asia. So, it's not as big as Plus Token. But it's still quite big. It's still going to send a little bit of, you know, shockwaves throughout the Chinese communities to say the very least. So, yeah, Tuiba completely busted. Yeah, pump and dumps, guys. It's just, it was so scary. Total wreckage. Just obliteration right there. So, now it's at $2 from the height of 83. Yeah. Wreckage. So, that probably kind of affected the Chinese psyche. I'm not sure too much how much it did. I'm actually doing a little bit of research. But just to keep that in mind, also, this happened as well this week. I think very likely the people trying to run this pump and dump, they couldn't maintain it anymore. And then just sold out. Boom. Game over. GG. So, anyways. Yeah. Pretty much that is it. All right. I'm going to catch up on the chat. So, we got Kaido. Too many scams out there. Be careful, people. Absolutely. Absolutely. This place is just insane. And I think there's still, like, in honesty, after reading a lot of chat this weekend, it's just very honest and very clear that a lot of people who shouldn't be in crypto are in crypto. I said this last week as well. Like, if people can't manage their risks, they really shouldn't be in crypto. Like, this thing is highly risky. In fact, there are people that I told to them about crypto and they're like, this is way too volatile for me. And they're just like, no. No. Even seasoned traders, like, they're like, no. This is just way too crazy. And I respect that. You know, it is definitely high risk. Like, a lot of people treat this like a video game. And we almost felt that last week, too. It just felt like a video game. But it's not. It's worth real people's passion. Right? And people can lose their entire everything. So, yet again, it's one of those situations where, like, if you are feeling very negative or depressed over the weekend, if you have leveraged positions that are, you know, overly leveraged, too much of your net worth, if you're leveraging your car, your house, or et cetera, please, please seek help. Please find a financial consultant or find someone else. Like, please just leave crypto. It's just not. You don't want to be ever in crypto with a leveraged position, et cetera. Like, seek a financial advisor. This is not financial advisor, but seek the help of a financial consultant. Like, you might have problems. All right? You guys might have problems. So, just be very careful. I'm pretty clear about this. I'm taking a different stance this year where it's not easy. Crypto. I think a lot of people dumb it down so their grandma can do it. Right now, yes, a grandma can trade crypto. But can they trade crypto properly and make gains out of crypto? I don't know. Okay? That's the hard part. Everyone's like, oh, my grandma can do it. Yes, they can. But do you want your grandma to have so much risk and risk her entire life savings? No, you don't. So, be careful there, guys. Be rational. Be smart. And, yeah. It's definitely not a video game. Yeah, but do lively things. Wait, it's not a video game? Oh, oh, oh, oh. Yeah. Yeah. Like, there's a lot of tools in crypto. Like, there's very, very powerful tools. In fact, I use a lot of tools on FTX, etc. They can lead to a huge disaster. So, it's the point where I'm like, you know what? You guys do you. Like, just be careful. All right. That's pretty much it. We have some questions. This is probably a follow-up question. Sam, how does player and eight-hour stack up against each other? Both gaming. Both have NFTs. Both on VeChain. Thanks. It's kind of interesting. You know, it's a situation where a lot of people think it's X versus Y. And I think throughout most of my interviews and most of what I'm talking about is that the whole community grows together. I feel like I don't know why this tribalism exists in crypto. And I think it takes a much bigger mind to help address this issue where it's not competitive. I think a lot of people, when they're buying something, they're limited to thinking, oh, I should only buy one of these coins or something like that. And then they have this comparison, oh, player versus Earths or something like that. But for me, I hold both. Like, I don't see any reason not to hold both. I manage both. I research both. I'm advising for players, so I might be biased there. But I also hold Earths. I think what they're doing with smart NFTs are pretty cool. You know, there's nothing wrong. And I think if you actually watch my interview with Patrick there, you know, I was actually pretty big on just, like, getting the ecosystem together. Like, we win as a team, right? And it's kind of interesting if you take a look at the Polkadot playbook, which is the Polkadot ecosystem. The ecosystem is huge. There's multiple replications, but, you know, they all work together. If the whole ecosystem can grow, then everything grows, right? And it's the same thing with crypto right now. Like, right now, only around 0.1% of people in this world even know or get access or even buy crypto, right? And if you can improve that 0.1% to 1%, that's like a 10x right there. That's kind of insane if you think about it. That's already a 10x, and that's for the entire scope. So I don't really think anything is that competitive. You know, things can work together. And I've been trying to push a lot of projects to work together in this space because together we are strong. Oh, by the way, farming as well. I totally forgot about Cream. It's one of the things I just farmed and forgot because I was just like, I didn't really move too much. So last thing to cover about Cream, I think something that they're doing that's very cool is they're adding swapping. So they're adding a balancer type project onto Cream. And right now, I'm actually in this unit swap pool. So this is one of the situations where I actually did buy the actual project coin, and I did put it into their unit swap pool. So that's just kind of my case, and it's been in there for a long time. It's around 500%, so it's not as high. It used to be around 800% APY, but it's dropped down a little bit. But I've been in Cream pool for like pretty much a month now. Yeah, did pretty well so far. So fun times. We got YF beta. So there's a few YFs that are like out there. I haven't actually looked in YF beta yet. YF beta was a little bit scary mostly because of the speculative value of it. So I'm a little bit scared yet again. It's a situation where I don't want to touch it because it's not free. Like I love free stuff. All right. Like I'm going to be shameless. I'm like the one of those Asian guys. It's like, oh, I want free stuff. Okay. I want free stuff. Okay. I just I don't want to pay for it. I want to be for free. Go to fucking go to like Costco. Just take all the free stuff. All right. Then I'm full. It's a full meal. All right. I'm one of those guys. I'm one of those asshats. All right. So I like free stuff. YF beta. I think most of it involves buying their coin, which is extremely speculative. So yet again, I'll look I'll look more into it. I'm not going to say too much. But when I first saw it, let me just double check. Actually, I don't think there was any free stuff there. Yeah. I think they're going to do very soon. They're going to start very soon to have free stuff. But yet again, I'm not going to try to buy it at the current time. I don't really feel like. Yeah. It's hard like these things. Super dangerous. Yeah. Not really not really into it yet. So a lot of the new ones, I have not actually seen it. I just want to comment on this, which is very interesting. I know as well. A lot of people are talking about, you know, finance and, you know, kind of got obliterated. So, you know, finance was kind of like a troll project and the price just got destroyed. Right. And it's one of the situations where I'm happy I did what I did. So it was at around four dollars at its height, its peak. People were very much talking about talk about, you know, talk about, you know, talk about, you know. And then it just got obliterated. Just the person is selling it and it went below one cent. Now it's almost. Yeah, it's it's just dead. Right. So it's kind of funny. You know, I actually posted this this comment here, which I found was interesting. It's very clear that he watches the channel. So he said, if you got burned, well, learn your lesson. Have a lesson and learn guys from guys like box mining or someone who actually got a brain instead of being a degen. If you would like to continue in crypto space, throw money into meme coins or going all in a Kodak. Our Wall Street bets picks probably won't serve you well. And this is a situation where I did say about, you know, where, you know, had two minting keys that he didn't burn. And he actually addressed this completely. For those who are interested about the mint function. Yes, I can call it and print money like hot dog does. No, I did not call it. The dev share is more than enough except 10,000, you know, initially for the starting pool and got dumped to three cents right after it starts because before this ride. So it's kind of interesting. So basically, this guy was like, you know what? He could have scammed you even harder. But no, he didn't, you know, like he chose not to use those mint keys. And I talked about those mint keys directly on the stream. So it's kind of funny to see that this person actually watched my stream and why I explained why I didn't go into, you know. But yeah, it's one of those situations where I'm like, yep, I'm glad I'm not in there. The dev could have even done even worse. Just minted infinite coins and dumped it to zero. But yet again, yeah, that's a lesson from last week, guys. If that's not clear enough already, I don't know what else is, right? So I'm actually a little bit, a lot slower this week on catching up. I just don't feel it's necessary to rush into everything. Yeah, I'm glad I said what I said. I'm glad I took the stance what I said. I mean, I actually know people who made a lot of UNO2. But I'm glad that I stayed away because I just don't think I have enough time to play these silly games. It's like this. It's very much like gambling. GG. Kaido says, could have scammed you harder. Yeah, absolutely. This guy had two mint keys there, two mint infinite coins. You just dump it on open market. So yeah, they could have been really, really bad. So be very, very careful. Michael Ruseman, thanks. I did not understand your comment earlier. He's just sharing what he's doing. This is Bernard Macarius, by the way. This is Michael Ruseman, thanks. I did not understand your comment earlier. He's just sharing what he's doing. He always warns about high risks. And if you cannot lose it, don't use it. Exactly. And it's just like, it's always about analyzing risks correctly here. So I think a lot of people didn't understand what DeFi is and just jumped on that DeFi bandwagon and they suffered for it. Right? Yeah. That's unfortunate. It sucks. Sucks, sucks, sucks, sucks, sucks. So anyways. Juan G says, how much do you think Sun tokens will be worth? I have no clue. And it's one of those things where Justin sets the price. He probably has the most majority of Sun tokens because he has the most amount of Tron. So he can farm his own token. Right? So I have no idea. I don't really want to guess and I don't want to speculate. Yeah. No idea. That's the problem with Tron. You're really playing against the house. Right? ChromeX says, at Box Money, can you talk about the TrustSwap and how they can fix pump and dump exit scam issues? Yes and no. I think people are jumping into this very rapidly saying, oh, TrustSwap can fix that. Investing can be added into projects in any way. I think TrustSwap has more value than just to fix this right now. Like, everyone's like jumping on their sushi and say, oh, TrustSwap can fix this. Yes, it can. But at the same time, Sushi could have vested it very immediately, but he chose not to. Right? So it's a situation where developers choose not to use a vesting option. TrustSwap will provide the vesting option for everyone out there. Right? Once it's launched, et cetera. It will be out there. And I think TrustSwap is doing very well in terms of what they're doing. But I'm always a little bit, you know, like I just want to be truthful to you guys. I'm an advisor to TrustSwap. I want TrustSwap to be used everywhere. I want TrustSwap to grow. But at the same time, I want to be realistic and say to you guys, you know what? Sushi was a clear example where, yes, a vesting option could have been better. I know. And something like that's good about YFV is that they have a vesting model where developers get the tokens over time rather than just off the bat immediately. But Sushi chose not to do that. And it was a clear choice. Like this person could have put it into vesting. It wasn't a situation where no vesting options were available. It was a situation where the developer did not want to do so. So, yeah, I don't think it could have been prevented. Developer just didn't want it. And community accepted it. So, GG, right? We got Thomas Zabrakan says, have you checked out Swerve yet? Yes, I did. There was a little section about it earlier. So, just scroll back a little bit. I talked about it just earlier. YouTuber 1001 says, get a new barber. Chill. Calm down. Calm down. Cornet says, happy about this dump. This shit was getting stupid. Everyone there. Yeah, that's pretty much crypto. So, it's hilarious. Crypto is always hilarious like this. Yeah, I think I'm just going for the comments right now. We got Meisterman says, who doesn't love free? I love free too. Exactly. By the way, I'm Asian too. So, yeah. We all love free. And that's the best part about yield farming right now, right? Like if you analyze the risks and you farm, you can get those coin coins for free. Yeah, pretty much. Pretty darn much. And this is an issue. Yield farming has led me to a situation where I speculate a lot less on all coins now because I don't have to. If I can get coins for free by yield farming, why would I speculate on or buy it on open market, right? So, you know, I think I'm being very spoiled, but that's okay for now. And we'll have to see what happens next week. We'll see if there's more opportunities this week. Something that's kind of interesting is a lot of projects that we talked to, they all offer yield farming, right? Yield farming has now become, it pretty much replaced airdrops. So, every project, I mean, we talked about, like, say, for example, Ramp or OIN, and they're all looking at yield farming options. And then we have new options going forward that offer yield farming. It's huge. It's pretty huge. And that's a good thing. So, anyways. Nick Martin says, how do you justify 5,000% yields compared to something like EVE2 looking at 8% to 12%? But the risk is a little bit different, to be fair, Nick. 500 plus yields, really, you're looking at these impermanent loss pools, right? The pools that have impermanent loss. So, your risk is much, much higher. And also, the other risk is, like, a bad migration. So, you could lose your entire stack. But with EVE2, you're in a much safer position because this project is done by pretty much the Ethereum community. So, if, all right, in the case that something catastrophically blows up in your face, very likely the EVE devs will try to rescue you. Most because it's their project, right? But in the case of these weird yield farming projects, no one's going to rescue you. EVE devs won't care. They'll just laugh in a corner if something blows up in your face, right? So, the risk factor is very different. Like, something like sushi swap will be high to extreme risk, while something like EVE2 will be medium to low risk. And you definitely see that in yield farming, too. Like, if you go to yield farming tools, so, if you go to yield farming tools.com, and you load up all the pools out there, you'll realize that the pools out there that have the highest APR, so, this is, like, 1,000 APR, they're pools that are slash pools. So, this is, like, Uniswap slash. So, this contains impermanent loss, impermanent loss, impermanent loss, show more. So, all these contain impermanent loss. And you have to go to the very bottom to have, like, a pure USDT vault, right? And a USDT vault is around 36%. So, it's much, much lower, but the risk is reduced. So, that's why people still go into that. So, just bear in mind the risk factors involved. I think a lot of people don't understand that they're exposing themselves to extreme risk when they're in a liquidity mining pool. Or any of the pools that have a slash in it, there is extreme risk. So, yeah. Be very, very, very careful. Boosted, people are asking about Boosted Finance. I haven't looked at it yet. So, yeah. Not really. And like I said, I didn't really want to look at it over the weekend, too. It's just too much. I learned my lesson from last week, if you guys haven't learned it already. Do a lot more research. Don't be greedy. That's how it goes. Crocsall says, do you have any funds in Wi-Fi vaults? Question mark. So, I wanted to put my wrapped ETH inside or my ETH inside, but I didn't get the opportunity. I also had my curve inside Wi-Fi vaults for a while, but I took it out mostly because I manually moved from pool to pool. So, I didn't use any of their strategies. So, I'm not as into it as a lot of other people are. But it's actually like Wi-Fi vaults are actually an easy way to get into this whole yield farming thing. She's from crypto for the Texas. Would you consider giving a shout out to Shelby, my four-year-old Bitcoin fan? That's awesome. That's cool. I'll definitely give you guys a shout out. Hi, Shelby. Hi. Hi. That's awesome. Getting them early. I think especially like I think the next generation like my animals. I'm going to be super impressed. It's going to be crazy. All right. So, I think that pretty much concludes everything. We got talks about Orion. We got talks about a lot of altcoins. Yeah. So, I have a kind of a coddle position, a lot of coins. So, I have Orion. I have like I actually have in this. This is why it was kind of crazy for me. So, I almost have around 30 alts. It got really hard to manage. But yeah, that's life, right? So, I'm not going to complain. That's just the way it is. And yeah, it's fun. So, we got she's from Crypto. She's so happy. Awesome. That's awesome. That's great. I've got to watch my language too. So, anyways. Okay. So, Ravi Nali Yapa says, what's the incentive for Sam to develop sushi other than the coins he already owns? He actually has a lot of sushi. You guys will not be. You guys probably won't believe, but he probably has like a significant chunk. He probably has more sushi than Nomi does. He was farming it like for way longer with a lot more capital. So, the incentive for Sam is to make sure his sushi doesn't dump to zero. That's a pretty big incentive. So, anyways. Wave Rida says, you only have 30 altcoins. Maybe more. But managing it was insane. I actually wanted to consolidate a lot. So, I started using Zerion wallet this weekend. Someone recommended it. Zerion. Zerion. That's actually pretty useful. I'm not going to show it to you guys there. But yeah. It's like. Is this one? Zerion. Anyways. It's modally useful. We can scan a wallet. And then you can use a QR code to scan your wallet. Right? And it tracks whatever funds are inside. So, you can track wallets that are on your ledger or Trezor or whatnot. Etc. So, anyways. That's pretty much good. So, I think that's the one for today. We've got a last question from Ken L. Says, holding Pylon for future or selling it as you get it? So, 50-50 for Pylon. Keeping 50. Selling 50. Just taking some profits. Why not? That's pretty much the way it is. We've got a donation from Monkey 101. Thank you so much for the donation. We've got Enigma Eng is being swapped for SCRT on Binance. Eng wasn't his own blockchain, but SCRT. Is any thoughts on this SCRT value? Not too sure. I talked to Enigma guys very early. All this privacy stuff. I also have an interview upcoming with Don San from Oasis as well. And it's also focused on privacy. I think it's something very big. But it's something that people don't. You know, it's almost like crypto gaming, right? It's like DeFi is so hot right now that it overshadows everything. Privacy especially. Gaming. It's overshadowed a lot of these elements. But I think they'll pick up sometime. But it's a situation where, you know, it's like people don't understand it yet. And the applications are not built yet. So, anyways, a very, very insightful video coming up very soon with Don San about this there. A lot of people are talking about YFFI or YFE. Like, something that I want to say is that with all these coins, I bought nothing, right? I farmed YFFI. And I suffered a lot amount of impermanent loss. And this is why I probably don't want to go back there again. Just because I'm unsure of their development speed. And we also have YFV, which is developing quite a lot of stuff as well. But yet again, like, these coins are extremely speculative. And people are asking, what do you think of the price about this? What, et cetera? I'm just mining it. I mine it. Now, I used to sell 90%. I sell 50% now, right? But I still just mine it and sell it. Like, it's not hard. So, anyways, that's my two cents. My two cents about everything going on. We got Ravi, Nali, Yapas joining Team Crypto. Welcome, welcome, welcome. So, I'm going to leave the session there. Thank you guys so much for coming. I'll probably have a surprise session up this weekend. The next session, the next scheduled session for the live stream would be on here. It is Monday. Oh, sorry, it's Friday. Friday, 11 p.m. That's going to be the next session for this channel. We're going to have a great chat, follow up. We'll see what happens in, like, these few days. It's going to be crazy. But, yeah, that's on Friday, Hong Kong time. Or if you guys are on the other side of the world, it'll be Thursday evening for you guys. So, that's going to be up for this week. And we'll probably do a surprise live stream throughout this week as well. So, we'll see how it goes. We also have some t-shirt giveaways. So, I'll do a one draw for the t-shirt giveaways. We'll leave it there. Let's see where my t-shirt giveaways. Let's see boxmining.com. Oh, by the way, if you guys can't, please smash up the likes as well. We'll do the giveaway. Let's see. So, for the lives, we don't really do the t-shirt giveaways. But let's see for this one. Pick YouTube. Food comment picker. Let's go for that. Let's put that there. Filting certificates based on comments. Hashtag notification squad. So, we'll do two things. For the lives, while we're waiting for this, by the way, post out your Ethereum address. I'll do a giveaway for a boxmining NFT as well. So, I might as well while it's right here. So, put up your Ethereum address. Just spam it up. Throw it out there. I'll give you guys. I'll draw one, like, person for this. So, the way we want to work it is for live streams, you get the NFTs. For video releases, you get t-shirts. So, yeah. If you, depending on which one you want, get it. But play up your ESC. Use your engine wallet. And I'll send you a, like, we'll do a lucky draw for the, um, I can barely use things right now. I'm, like, pretty, pretty days, pretty long day. Or not a long day, but pretty tiring week. So, anyways, I'll send you guys one of these things here. So, I got one of these boxmining NFTs right there. So, use the engine wallet. Put up your ERC20 address. Make sure it's, like, safe, etc. So, anyways, I'll do the get YouTube comments. Get a random, draw a random winner here for this one. Let's see. So, hey, it's Jose again. You get a second one. All right. Um, I'm down with you giving a second one. But I'll do another draw as well, uh, for t-shirts for Notification Squad. So, the way it works is that be part of, um, add yourself to Notification Squad by subscribe, notification bell, and then when new videos comes up, um, just type hashtag Notification Squad. So, Margo Sullivan, just message me and say, yo, look, um, winner. So, Margo, um, message me. Uh, we'll send you a free t-shirt. And, wow, there's a lot of messages, um, coming up for ERC20. So, let's do fill M for the, uh, the collectible. So, let's go fill M and see, I'll just send that to myself. Fill M. We show. Put the address there. And we'll do one last one, which is, um, crypto ICO master. So, we'll do two. We'll give away two of those today. So, anyways, I'll put the addresses up. I'll give it to you after the live stream is over. So, yeah, that's it for today's live stream. Make sure I'm going to set up the next live stream very soon. Let's do that now. So, there it goes. Uh, schedule stream. Let's make it happier. Reuse settings. Let's do it for Friday. And we'll do it at 11 a.m. Hong Kong time. And if you don't know what time that is, I'll give you the link. And then you can schedule that with it. So, let's see. Copy, get shareable link. And then we'll put that link up here. So, all right. So, this one is in three days. And literally three days and 23 hours. Something like that. Phil says, do not send to my address. Not ERC20. Phil, just message me for your address then. Make sure you get an engine wallet. So, it's an ERC-1155 wallet, actually. So, you actually need the engine wallet to see it. So, Phil, if you guys have a correction, put it into my chat. So, I'll change the address. So, not to waste the item. I mean, if it's an Ethereum address, you can still recover it. But, yeah. You know, long story short. That's the way you can. Jose says, can I get the NFT instead? Sure. Jose, message me your address. I'll give you an ERC20 for it because you won the first one. And you got a t-shirt from last time. So, yeah. That's great. Yeah. So, let's go for that. So, yeah. Thanks, guys, for that. And make sure you're part of Notification Squad. Yeah. We'll probably do one throughout the week. I'm super tired. I'm still tired from last week. I don't know why I'm still tired from last week. I mean, I had a pretty decent rest yesterday. But, I don't know. It's been long. Been long. Been too long. Anyways. Starzan, I think it's like a lot of people are arguing for the BitConnect and not BitConnect thing. So, Starzan says, all people made lots of money from BitConnect, so your arguments are not valid. And this is one of the biggest problems I see with crypto right now where there's a lot of hype and there's a lot of stuff being built. So, BitConnect was one of the cases where it's very transparent that BitConnect didn't provide any value. So, at the end of the day, the difference, I would say, is right now there are a lot of projects with Ponzinomics involved and that's not good. But at the end of the day, sometimes they can provide value, which is very interesting, right? So, it's a case where how do you separate that? And you want to separate that. You definitely don't want to get into BitConnect, absolutely. And, yeah. Now, a lot of the times, I'm more geared towards a first-hand account about what's happening. Sometimes, these projects, these yield farms, they yield nothing. If they yield nothing, it's too similar to BitConnect. And in many cases, I don't go in. But if they're actually trying to build something and they have the code ready and they have the product ready, I think that's pretty interesting too. So, that's the kind of take about right now with crypto. You know, that's pretty much it. And we also have Spatial Murdras. Sorry. Sorry for mentioning your name. Spal Murdras. Thank you so much for joining OG King. Thank you. Thank you so much. I'm looking for Phil. So, just Phil M. Just type in your address. Your ERC20. I'm really thirsty right now. But, ugh. Like, really, really dry throat. But, yeah. I'm just going to fill that in. And we'll be there. So, guys. Thank you so much for watching. Make sure you're part of Notification Squad. We'll be back very, very, very soon. So, see you guys next.