I used AI to analyze degenai's codebase Here's the codebase:

Those who have played Zora can take a look, there is a pig's trotter rice airdrop. Recently, $zora has risen well, 0.05u, with a market value of 500 million, and it has risen to now, but it feels cheaper. What kind of psychology is this?

In the Solana ecosystem, the AI agent of automatic trading will definitely rise, after all, casinos never sleep, so AI bots or AI agent platforms for autonomous transactions will emerge one after another, which is also a rigid need, including AI automatic market makers.

In terms of on-chain activity, it has not entered the FOMO state at all, and the current popularity is basically still in the secondary market of the exchange. In August, the on-chain boom should begin, and the funds will also go from the secondary to the chain, which should be the first stage, that is, the mainstream target will pull the wave first. The second wave should be active at the on-chain level.

Now that I have begun to miss the previous bear market, if my hundreds of SOL are still there, I can buy a lot of them now. Cheer up, the bull market has just begun, the bitcoin ecosystem is exploding, the ETH ecosystem is exploding, and the SOL ecosystem is exploding.

Another example is the pull of the target made in China, is there really a so-called state support for blockchain finance? It is definitely true to support blockchain technology, and it is certainly true to support the pilot of RMB stablecoins, but it is not necessarily true to support blockchain finance. Now on-chain finance is based on US dollar stablecoins in trading, and only off-chain technology uses RMB. Do you think the country will support on-chain finance at this stage? In fact, if you think about the logic, you will know the logic bugs inside. So at this time, take out the so-called benefits, and then 80% are actually true and 20% are false. Maybe this is the so-called bubble, but if you are too rational, you won't get on the bus, and you won't make this money without embracing the bubble. @0xhiger Brother Hai said that I gained wisdom, but Brother Pencil gained wealth. It's heart-wrenching!

Sometimes, in order to achieve the effect of washing the market and absorbing funds, the official will take the initiative to press the good news, or even release the news of FUD, and wash the chips through the bad news. When the accumulation is almost complete, the good news will be released, and retail investors will get on the car and get off the car to complete the perfect handover. Sometimes it is even to wash out the big players in the chip structure, so if you buy a certain target, you can't exceed 1% of the chips at most, or even buy it by address. These should be the common sense of financial trading, but the accumulation of many common sense can cultivate one's financial literacy and step on many pitfalls.

The old defi that has experienced the bull and bear cycle test should break out first, the code is fine, the team is fine, the security of funds is no problem, and if there is a large amount of money entering the market, it should give priority to such high-quality targets.

Development Progress Update: 1. Currently, flex is heavily invested in deezel (the Alkanes developer toolkit) and subfrost (which is frBTC) to address issues. 2. The reason the AMM frontend hasn't been released yet is that we want to handle the integration and display of bUSD better. What is Deezel? Deezel is a comprehensive command-line interface and toolkit for interacting with Bitcoin and the Alkanes meta-protocol. It provides wallet management, smart contract deployment, token operations, AMM functionality, and advanced blockchain analysis features. Open source code address: What impact does Deezel have? It is very powerful and can greatly enhance developers' efficiency in building ecosystems and troubleshooting issues. What are Deezel's core capabilities? 🏦 Bitcoin Wallet Management HD Wallet Support: Hierarchical Deterministic wallets based on BIP39 mnemonics with key derivation. Multi-Network Support: Bitcoin mainnet, testnet, signet, regtest, and custom networks. Encrypted Storage: Wallet files encrypted with GPG or PBKDF2. UTXO Management: Advanced UTXO tracking, freezing, and management. Transaction Building: Create, sign, and broadcast Bitcoin transactions. Fee Estimation: Dynamic fee rate estimation and optimization. Address Identifier: Smart address resolution system for wallet addresses. 🔗 Alkanes Meta-Protocol Integration Smart Contract Deployment: Deploy WASM-based smart contracts to the Alkanes meta-protocol. Token Operations: Deploy, mint, and transfer Alkanes tokens. AMM/DEX Functionality: Create liquidity pools, add/remove liquidity, and execute token swaps. Contract Execution: Advanced execution commands with complex protostone parsing and UTXO selection. Envelope Support: Commitment disclosure transactions for large contract deployments using official alkanes-support. Transaction Preview: Preview transactions before signing and provide detailed output analysis. Advanced Simulation: Simulate contract execution and conduct comprehensive result analysis. 🔍 Blockchain Analysis Tools Symbol Decoder: Comprehensive decoding of symbol transactions and raw stones. Transaction Tracking: Track Alkanes transactions and analyze their impact. Contract Inspection: Advanced WASM contract analysis with disassembly and fuzz testing capabilities. Balance Inquiry: Query Alkanes token balances and Bitcoin UTXOs. Block Data Access: Access block data and transaction information. 🛠️ Developer Tools RPC Integration: Direct access to Bitcoin Core and Metashrew RPC endpoints. Debug Logs: Comprehensive JSON-RPC request/response logging RUST_LOG=debug. Network Flexibility: Support for multiple Bitcoin networks and custom configurations. Script Support: Raw JSON output mode for integration with scripts and automation. Transaction Preview: Preview all transactions before signing and conduct detailed analysis. Custom Change Address: Specify a custom change address for all send operations. Comprehensive Logging: Configurable level of detailed logging.

Sparta Position Verification and Testing Process Update!! Sparta has now enabled position verification. Initially, the number of #DEGENAI held by testers was not verified, leading to a surge in participants, exceeding 2000, which affected trading efficiency. To ensure the quality of testing, testers are now required to hold at least 1 million #degenai. Below is the latest testing process: